Victory Crest Inc

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

EIN: 208067069 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Victory Crest Inc?

Victory Crest Inc is a committed nonprofit organization located unspecified, dedicated to providing affordable housing and essential social services to senior citizens with very low income. Operating with 60 rental apartment units, Victory Crest serves its mission by offering a secure living environment. The organization's primary role is to enrich the lives of these independent seniors through its housing solutions and additional supportive services, ensuring they maintain their dignity and independence.


Is Victory Crest Inc legitimate?

Victory Crest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Crest 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: $38,073

For more financial information, click here


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

Mission Statement of Victory Crest Inc

Victory Crest Inc, a nonprofit organization, is dedicated to providing affordable housing and related social services for senior citizens with low incomes. This mission is carried out through the operation of 60 rental apartment units, which serve as a home for these individuals. By offering affordable housing, Victory Crest aims to ensure that senior citizens can live independently with dignity and security. In addition to providing a place to call home, Victory Crest also offers related social services to support the well-being of its residents.

Impact

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




Wednesday, July 24, 2024

Victory Crest Inc has a significant impact on the community by providing affordable housing and related social services for very-low-income independent senior citizens in ROCKVILLE, MD. Through its 60 rental apartment units, Victory Crest fulfills its mission of delivering affordable housing to those in need. This initiative directly benefits vulnerable senior citizens by offering them a safe and affordable place to live, ultimately improving their quality of life and well-being.





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: $180
  • Program Service Revenue: $467,864
  • Gross Receipts: $468,044

    • Assets and Liabilities:
  • Total Assets: $5,790,991
  • Total Liabilities: $1,054,706
  • Net Assets: $4,736,285
  • Programs

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

    Fees & Contracts Gov Ag

    Revenue

    $284,653

    Affordable Housing

    Revenue

    $177,515

    Miscellaneous Income

    Revenue

    $5,696

    Organization Details

    Founding Year

    2006

    Principal Officer

    Leila A Finucane

    Main Address

    11400 Rockville Pike STE 505, Rockville, MD, 20852

    NTEE Category

    Code: L22 - Housing

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