Monarch Villa Inc

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

EIN: 470618515 ✦ Papillion, NE ✦ Designated as a 501(c)(3)

Overview

What is Monarch Villa Inc?

Monarch Villa Inc is a nonprofit organization located at 301 East Cedardale Road, Papillion, NE 68046. Their primary focus is providing affordable housing for the elderly and handicapped. They operate a 76-unit apartment complex in accordance with the guidelines set by the U.S. Department of Housing and Urban Development. Monarch Villa's mission is to offer elderly persons and handicapped individuals housing facilities and services specifically designed to cater to their physical, social, and psychological needs. The organization aims to promote their health, security, happiness, and usefulness in longer living, and the charges for these facilities and services are based on their provision, maintenance, and operation on a nonprofit basis.


Is Monarch Villa Inc legitimate?

Monarch Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monarch 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: $123,354

For more financial information, click here


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

Mission Statement of Monarch Villa Inc

Monarch Villa Inc, a nonprofit organization, is committed to providing affordable housing and services for the elderly and disabled individuals. Their mission is to create living environments that cater to the unique physical, social, and psychological needs of these individuals. They strive to promote their health, security, happiness, and usefulness in their longer lives. The cost of these facilities and services is determined based on the non-profit operation and maintenance of these properties. Monarch Villa Inc's mission is to ensure that elderly and handicapped individuals live in an environment that enhances their quality of life, providing them with the support they need to thrive.

Impact

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




Saturday, July 20, 2024

Monarch Villa Inc's impact lies in its dedication to providing affordable housing for elderly and handicapped individuals. By operating a 76-unit apartment complex in accordance with U.S. Department of Housing and Urban Development guidelines, Monarch Villa Inc ensures that these vulnerable populations have access to housing that meets their physical, social, and psychological needs. The organization's mission to promote the health, security, happiness, and usefulness of elderly and handicapped individuals through specially designed facilities and services underscores its commitment to enhancing the quality of life for those in need.





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: $731
  • Program Service Revenue: $358,389
  • Gross Receipts: $769,008

    • Assets and Liabilities:
  • Total Assets: $1,267,781
  • Total Liabilities: $1,499,475
  • Net Assets: -$231,694
  • Programs

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

    RENT REVENUE

    Revenue

    $358,389

    Organization Details

    Founding Year

    1980

    Principal Officer

    Robert Olson

    Main Address

    301 EAST CEDARDALE ROAD, PAPILLION, NE, 68046

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Monarch 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.