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Malmaison Villas Inc

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

EIN: 581735492 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Malmaison Villas Inc?

Malmaison Villas Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission involves owning and managing a rental housing property, catering specifically to low-income elderly individuals. Adhering to the guidelines set by the Department of Housing and Urban Development, they provide a secure living environment under Section 202 of the National Housing Act. This initiative aims to provide affordable housing options for this demographic, ensuring they can maintain their independence and dignity.


Is Malmaison Villas Inc legitimate?

Malmaison Villas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malmaison Villas 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 Malmaison Villas Inc?
Who is the CEO of Malmaison Villas Inc?
What is the revenue of Malmaison Villas Inc?
Who are the executives of Malmaison Villas Inc and what are their salaries?
Where can I find the form 990 for Malmaison Villas Inc?

Mission Statement of Malmaison Villas Inc

Malmaison Villas Inc, as a nonprofit organization, is dedicated to providing housing solutions for low-income elderly individuals. In line with Section 202 of the National Housing Act, Malmaison Villas Inc owns and operates a rental housing property, offering a sanctuary for this specific demographic. Their mission is to ensure the operation and maintenance of an apartment complex that caters to the needs of these elderly residents, in compliance with the guidelines set by the Department of Housing and Urban Development. By providing a secure and supportive living environment, Malmaison Villas Inc plays a significant role in promoting the well-being and independence of the elderly population.

Impact

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




Wednesday, July 24, 2024

Malmaison Villas Inc's impact lies in providing affordable housing for low-income elderly individuals in Atlanta, Georgia. By owning and operating a rental housing property under Section 202 of the National Housing Act, Malmaison Villas ensures that elderly individuals have a safe and affordable place to live. This housing initiative directly addresses the critical need for affordable and accessible housing for elderly persons in the community, thereby contributing to their well-being and quality of life.





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: $16
  • Program Service Revenue: $493,006
  • Gross Receipts: $493,310

    • Assets and Liabilities:
  • Total Assets: $380,600
  • Total Liabilities: $621,493
  • Net Assets: -$240,893
  • Programs

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

    HUD SUBSIDY RENTAL INC

    Revenue

    $357,969

    RENTAL AND OTHER INCOM

    Revenue

    $135,037

    Organization Details

    Founding Year

    1987

    Principal Officer

    Gerald Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L21Z - Housing

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