Sacred Heart Village I Inc

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

EIN: 522079213 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

Overview

What is Sacred Heart Village I Inc?

Sacred Heart Village I Inc is a nonprofit organization situated in Wilmington, Delaware, specifically at 115 E 14th Street. Their primary mission is to provide affordable housing solutions for elderly individuals with very low income. This is achieved through the operation of a 77-unit housing facility. The organization is dedicated to ensuring seniors have access to decent, permanent housing, enhancing their quality of life. With a team of 16 employees, Sacred Heart Village I Inc plays a significant role in addressing the housing needs of the elderly community in the area.


Official website here: www.sacredheartvillage.org

Is Sacred Heart Village I Inc legitimate?

Sacred Heart Village I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart Village I 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: $380,817

For more financial information, click here


Official website here: www.sacredheartvillage.org

What is the mission statement of Sacred Heart Village I Inc?

Sacred Heart Village I Inc, as an organization, is dedicated to providing a mission of offering permanent, affordable housing for seniors. Their primary objective is to ensure that elderly individuals with very low income have access to decent housing. To achieve this, they operate a 77-unit housing facility, providing a home for this specific population. By doing so, Sacred Heart Village I Inc contributes to enhancing the living conditions and security of the elderly, ensuring they can age with dignity and independence.


Official website here: www.sacredheartvillage.org

Who is the CEO of Sacred Heart Village I Inc?

Brother Ronald Giannone is the President of Sacred Heart Village I Inc.


Official website here: www.sacredheartvillage.org

What is the revenue of Sacred Heart Village I Inc?

Sacred Heart Village I Inc's revenue in 2022 was $1,106,924.


Official website here: www.sacredheartvillage.org

Who are the executives of Sacred Heart Village I Inc and what are their salaries?

The average compensation at Sacred Heart Village I Inc during 2022 was $23,801. There are 16 employees and 15 volunteers at Sacred Heart Village I Inc.

Here are 11 key members and their salaries:

    Brother Ronald Giannone (Executive Director)
  • Compensation: $0
  • Related: $105,000
  • Other: $13,270

    • Matthew Davis (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Duffy Smith (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Cook (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Dealy Haines (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Jordan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Nowaczyk (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen Mchugh (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brother Rudolph Pieretti (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julianna Saydlowski (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tricia Lyons (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sacredheartvillage.org

    Where can I find the form 990 for Sacred Heart Village I Inc?

    The Sacred Heart Village I Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sacredheartvillage.org

    Learn more at the official website: www.sacredheartvillage.org

    Mission Statement of Sacred Heart Village I Inc

    Sacred Heart Village I Inc, a nonprofit organization, is dedicated to providing a mission of affordable housing for the elderly. Their primary objective is to offer permanent, reasonably priced living spaces for seniors who fall under the category of very low income. To fulfill this mission, the organization operates a 77-unit housing facility, ensuring that elderly individuals have access to decent and affordable housing. This initiative by Sacred Heart Village I Inc plays a significant role in providing a safe and secure living environment for the elderly, enabling them to maintain their independence and dignity while navigating their later years.

    Impact

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




    Saturday, July 20, 2024

    Sacred Heart Village I Inc provides crucial affordable housing for very low-income elderly individuals in Wilmington. With its 77-unit housing facility, the organization ensures that seniors have a stable and welcoming place to call home. By fulfilling its mission of providing permanent, affordable housing for seniors, Sacred Heart Village I Inc positively impacts the lives of the elderly population in the community, offering them security and dignity in their golden years.





    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: $113
  • Program Service Revenue: $1,082,053
  • Gross Receipts: $1,106,924

    • Assets and Liabilities:
  • Total Assets: $6,619,083
  • Total Liabilities: $4,775,659
  • Net Assets: $1,843,424
  • Programs

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

    GOV'T SUBSIDIZED RENTS

    Revenue

    $746,145

    LOW INCOME RENTS

    Revenue

    $332,087

    PROGRAM PARKING FEES

    Revenue

    $3,821

    Organization Details

    Founding Year

    1999

    Principal Officer

    Brother Ronald Giannone

    Main Address

    115 E 14TH STREET, WILMINGTON, DE, 19801

    NTEE Category

    Code: L22 - Housing

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