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Villa Michelangelo Inc

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

EIN: 311587460 ✦ East boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Villa Michelangelo Inc?

Villa Michelangelo Inc, located in East Boston, Massachusetts, is a nonprofit organization that specializes in providing housing and supportive services for low- and moderate-income elderly individuals. Situated at 80 Border Street 3rd Floor, the organization is subject to regulations by HUD related to rental charges and operational methods. With a mission centered around elder care, Villa Michelangelo Inc strives to enhance the living conditions and well-being of its residents, offering them a safe and supportive environment.


Is Villa Michelangelo Inc legitimate?

Villa Michelangelo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Michelangelo 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: $0

For more financial information, click here


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

Mission Statement of Villa Michelangelo Inc

Villa Michelangelo Inc, a nonprofit organization, is dedicated to providing housing and supportive services to low and moderate-income elderly individuals. Its mission is deeply rooted in ensuring that this vulnerable demographic has access to comfortable living spaces and the necessary assistance they require. Villa Michelangelo Inc's operations are regulated by the U.S. Department of Housing and Urban Development (HUD), overseeing rental charges and operational methods to ensure affordability and efficiency. The complex, with 71 units, is situated in Boston, Massachusetts, providing a home and support system for those in need.

Impact

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




Thursday, August 15, 2024

Villa Michelangelo Inc's impact can be seen in the tangible support and services it provides to low and moderate-income elderly individuals in Boston, Massachusetts. By offering a complex of 71 units of elderly housing, this organization enables individuals in need to access affordable and safe living spaces, ensuring they have a place to call home. Through its work, Villa Michelangelo Inc contributes to promoting housing security and fostering a sense of community among the elderly population in East Boston. This impact is essential in addressing the housing needs of an often vulnerable demographic, ultimately enhancing 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: $491
  • Program Service Revenue: $818,940
  • Gross Receipts: $821,611

    • Assets and Liabilities:
  • Total Assets: $4,954,441
  • Total Liabilities: $7,686,957
  • Net Assets: -$2,732,516
  • Programs

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

    RESIDENTIAL RENTAL REVENUE

    Revenue

    $818,940

    Organization Details

    Founding Year

    1998

    Principal Officer

    Albert Festa

    Main Address

    80 BORDER STREET 3RD FLOOR, EAST BOSTON, MA, 021281926

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Villa Michelangelo 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.