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Valley Residential Services Inc

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

EIN: 311645473 ✦ Wasilla, AK ✦ Designated as a 501(c)(3)

Overview

What is Valley Residential Services Inc?

Valley Residential Services Inc is a nonprofit organization situated in Wasilla, Alaska, specifically at 1075 Check Street Suite 102. Their primary mission is to provide affordable housing for low-income individuals with disabilities. They achieve this by constructing, purchasing, owning, and managing housing units specifically tailored for this demographic. With a dedicated workforce of 20 employees, Valley Residential Services Inc is committed to making a significant impact in the lives of those in need. Their operations are focused on enhancing the living conditions of this vulnerable population, ensuring they have access to safe and affordable housing.


Is Valley Residential Services Inc legitimate?

Valley Residential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Residential Services 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: $186,778
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,970

For more financial information, click here


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

Mission Statement of Valley Residential Services Inc

Valley Residential Services Inc is dedicated to addressing the housing needs of low-income disabled individuals. Their mission is to construct, procure, own, and manage affordable housing units specifically designed for this population. This nonprofit organization is committed to providing a safe and suitable living environment for individuals who require specialized accommodations due to their disabilities. By offering affordable housing, Valley Residential Services Inc aims to alleviate the housing burden and promote independence and self-sufficiency among its residents. This mission is a significant contribution towards ensuring equal opportunities and inclusivity for disabled individuals in the broader society.

Impact

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




Thursday, August 15, 2024

Valley Residential Services Inc's impact lies in providing crucial housing support for low-income disabled individuals in the Wasilla, Alaska area. By building, acquiring, owning, and operating affordable housing, they address a pressing need in the community for safe and stable living arrangements for those who may struggle to find suitable accommodation. Their efforts contribute to promoting inclusivity and improving the quality of life for a marginalized population, ensuring that individuals with disabilities have access to housing that meets their specific needs.





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: $102
  • Program Service Revenue: $1,697,502
  • Gross Receipts: $3,603,351

    • Assets and Liabilities:
  • Total Assets: $8,448,022
  • Total Liabilities: $2,465,462
  • Net Assets: $5,982,560
  • Programs

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

    DEVELOPERS FEES

    Revenue

    $71,700

    INSURANCE REIMBURSEMENTS

    Revenue

    $666,462

    MANAGEMENT FEES

    Revenue

    $299,272

    OTHER

    Revenue

    $36,795

    RENTAL INCOME

    Revenue

    $623,273

    Organization Details

    Principal Officer

    John Weaver

    Main Address

    1075 CHECK STREET SUITE 102, WASILLA, AK, 99654

    NTEE Category

    Code: L99 - Housing

    If you are a representative of Valley Residential Services 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.