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St Clair Villa Inc

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

EIN: 251700573 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is St Clair Villa Inc?

St. Clair Villa Inc. is a nonprofit organization situated in Memphis, Tennessee, with a specific address at 795 Ridge Lake Blvd, 38120. Their primary mission is to offer affordable and high-quality housing to the elderly, individuals with disabilities, and those with very low incomes. They operate a 48-unit apartment complex in Bridgeville, PA, under the guidance of the U.S. Department of Housing and Urban Development (HUD) regulations. This housing facility aims to provide a safe and comfortable living environment for its residents, ensuring they maintain a good quality of life. The organization employs a small team of 5 individuals to accomplish this mission.


Is St Clair Villa Inc legitimate?

St Clair Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Clair Villa 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: $83,055

For more financial information, click here


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

Mission Statement of St Clair Villa Inc

St. Clair Villa Inc, a nonprofit organization, is dedicated to providing affordable quality housing for three distinct groups: the elderly, individuals with disabilities, and those falling under the category of very low income people. The mission of this organization is to ensure that everyone within these categories has access to suitable housing, thereby enhancing their overall well-being and quality of life.

St. Clair Villa Inc's commitment to its mission is evident in its operations. The organization operates a forty-eight unit apartment complex, regulated under HUD guidelines, providing a living space for those in need. This residential complex serves as a testament to St. Clair Villa Inc's unwavering dedication to its mission, offering an affordable and quality living option for its residents.

In a nutshell, St. Clair Villa Inc is an organization that strives to bridge the gap in housing affordability for the elderly, people with disabilities, and those with very low incomes. Through its operations, it provides a safe and comfortable living environment, thereby contributing positively to the lives of its residents.

Impact

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




Thursday, August 15, 2024

St Clair Villa Inc's impact lies in its provision of affordable quality housing to the elderly, people with disabilities, and very low-income individuals. Through its operation of a forty-eight unit apartment complex in Bridgeville, PA, St Clair Villa Inc addresses the critical need for accessible housing options for marginalized populations. This organization's efforts directly contribute to enhancing the quality of life and fostering stability for those in need of affordable housing solutions.





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: $-876,337
  • Program Service Revenue: $487,789
  • Gross Receipts: $4,040,128

    • Assets and Liabilities:
  • Total Assets: $589,543
  • Total Liabilities: $51,909
  • Net Assets: $537,634
  • Programs

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

    TENANT ASSISTANCE PAYMENTS

    Revenue

    $316,477

    RENTAL REVENUE, NET

    Revenue

    $171,312

    Organization Details

    Founding Year

    1992

    Principal Officer

    Matthew Osborne

    Main Address

    795 RIDGE LAKE BLVD, MEMPHIS, TN, 38120

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of St Clair Villa 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.