Victory Heights Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141869907 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Victory Heights Inc?

Victory Heights Inc is a nonprofit organization committed to providing affordable housing and essential social services to senior citizens with very low income. With 75 rental apartment units, this organization serves as a sanctuary for these independent seniors, offering them a secure living environment. Beyond housing, Victory Heights extends its support through various social services, aiming to enhance the quality of life for its residents.


Is Victory Heights Inc legitimate?

Victory Heights Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Heights Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,517

For more financial information, click here


What is the mission statement of Victory Heights Inc?
Who is the CEO of Victory Heights Inc?
What is the revenue of Victory Heights Inc?
Who are the executives of Victory Heights Inc and what are their salaries?
Where can I find the form 990 for Victory Heights Inc?

Mission Statement of Victory Heights Inc

Victory Heights Inc, a nonprofit organization, is committed to providing affordable housing and related social services to senior citizens with very-low incomes. This mission is accomplished through the availability of 75 rental apartment units specifically designed for this demographic. The organization goes beyond just offering housing, also providing essential social services to enhance the living experience of its residents.

Impact

This information is meant to be a general summary of Victory Heights Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Victory Heights Inc's impact lies in providing affordable housing and essential social services to very-low-income independent senior citizens in Rockville, MD. By offering 75 rental apartment units tailored to their needs, Victory Heights enables seniors to live independently and with dignity, enhancing their quality of life and well-being. The organization's mission to support this vulnerable demographic not only addresses the pressing issue of housing affordability but also fosters a sense of community and belonging among its residents. Victory Heights Inc plays a crucial role in ensuring that senior citizens can access safe and stable housing, ultimately making a positive impact on their lives and the broader community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34
  • Program Service Revenue: $907,973
  • Gross Receipts: $908,007

    • Assets and Liabilities:
  • Total Assets: $10,100,057
  • Total Liabilities: $4,359,196
  • Net Assets: $5,740,861
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Fees & Contracts Gov Ag

    Revenue

    $598,768

    Affordable Housing

    Revenue

    $271,736

    Miscellaneous Income

    Revenue

    $37,469

    Organization Details

    Founding Year

    2002

    Principal Officer

    Leila A Finucane

    Main Address

    11400 Rockville Pike STE 505, Rockville, MD, 20852

    If you are a representative of Victory Heights Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.