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Lemma Village Inc

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

EIN: 311138536 ✦ Nitro, WV ✦ Designated as a 501(c)(3)

Overview

What is Lemma Village Inc?

Lemma Village Inc is a nonprofit organization situated in Nitro, West Virginia, specifically at 1600 Park Avenue Box 20. Their primary mission is to offer safe and affordable housing to low-income elderly and disabled individuals. They accomplish this by managing and operating a 60-unit apartment complex exclusively designed for this demographic. All costs associated with maintaining the facility are attributable to this purpose. With a small workforce of only two employees, Lemma Village Inc is dedicated to providing essential living accommodations for those in need.


Is Lemma Village Inc legitimate?

Lemma Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lemma Village 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: $87,553

For more financial information, click here


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

Mission Statement of Lemma Village Inc

Lemma Village Inc, a nonprofit organization, is dedicated to providing safe and affordable housing for low-income elderly and disabled individuals. Their mission is to ensure that these vulnerable individuals have a place to call home, offering a 60-unit apartment complex specifically designed for their needs. All expenses associated with maintaining this facility are covered by Lemma Village Inc, demonstrating their commitment to this cause. By providing this housing, the organization aims to improve the quality of life for these individuals, offering them a secure and comfortable living environment.

Impact

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




Wednesday, July 24, 2024

Lemma Village Inc provides safe and affordable housing to low-income elderly and disabled individuals in Nitro, West Virginia. Through owning and operating a 60-unit apartment complex, Lemma Village addresses the critical need for suitable housing for vulnerable populations in the community. Their impact can be seen in the improved quality of life, security, and stability they offer to those in need of housing assistance.





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: $185
  • Program Service Revenue: $174,607
  • Gross Receipts: $516,966

    • Assets and Liabilities:
  • Total Assets: $1,109,312
  • Total Liabilities: $2,655,743
  • Net Assets: -$1,546,431
  • Programs

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

    RENTS- TENANTS

    Revenue

    $142,641

    TENANT CHARGES

    Revenue

    $28,290

    LAUNDRY & VENDING

    Revenue

    $3,676

    Organization Details

    Founding Year

    1988

    Principal Officer

    Victoria Hamilton

    Main Address

    1600 PARK AVE BOX 20, NITRO, WV, 25143

    NTEE Category

    Code: L220 - Housing

    If you are a representative of Lemma Village 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.