Victory Court Inc

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

EIN: 452954541 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Victory Court Inc?

Victory Court Inc is a dedicated nonprofit organization, situated elsewhere than Princeton, New Jersey, that focuses on providing affordable housing and crucial social services to senior citizens with mixed income levels. Their mission is accomplished through the management of 86 rental apartment units. The social services they offer are designed to complement the living experience of these seniors, ensuring they maintain their independence.


Is Victory Court Inc legitimate?

Victory Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Court 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: $134,160

For more financial information, click here


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

Mission Statement of Victory Court Inc

Victory Court Inc, a nonprofit organization, is dedicated to providing affordable housing and related social services to senior citizens. This mission is accomplished through the operation of 86 rental apartment units, designed to accommodate mixed-income individuals living independently. By offering these units, Victory Court Inc aims to contribute to the well-being of senior citizens, ensuring they have access to secure and affordable living arrangements. Beyond housing, the organization also provides essential social services to its residents, further enriching their quality of life.

Impact

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




Saturday, July 20, 2024

Victory Court Inc's impact is evident in its provision of affordable housing and related social services to a diverse group of independent senior citizens through 86 rental apartment units in Rockville, Maryland. By offering affordable housing options and supportive services, Victory Court enables senior citizens to maintain their independence and quality of life in a safe and welcoming environment. This helps address the pressing issue of housing affordability for seniors, allowing them to live comfortably and securely as they age.





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: $44
  • Program Service Revenue: $1,536,447
  • Gross Receipts: $1,536,491

    • Assets and Liabilities:
  • Total Assets: $12,877,618
  • Total Liabilities: $8,910,238
  • Net Assets: $3,967,380
  • Programs

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

    Affordable Housing

    Revenue

    $1,368,377

    Fees & Contracts Gov Ag

    Revenue

    $163,512

    Miscellaneous Income

    Revenue

    $4,558

    Organization Details

    Founding Year

    2011

    Principal Officer

    Leila A Finucane

    Main Address

    11400 Rockville Pike STE 505, Rockville, MD, 20852

    NTEE Category

    Code: L22 - Housing

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