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Sacred Heart Village Iii Inc

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

EIN: 611367719 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Sacred Heart Village Iii Inc?

Sacred Heart Village III Inc is a nonprofit organization based in Denver, Colorado, with an address at 1600 Broadway Suite 2000. Their primary mission is to provide affordable housing for low-income individuals, specifically operating a 50-unit apartment community named Sacred Heart Village III in Louisville, Kentucky, in accordance with Section 202 of the National Housing Act. This initiative aims to contribute positively to the local community by offering suitable living accommodations for those in need.


Official website here: www.mercyhousing.org

Is Sacred Heart Village Iii Inc legitimate?

Sacred Heart Village Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart Village Iii 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: $113,178

For more financial information, click here


Official website here: www.mercyhousing.org

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

Sacred Heart Village III Inc's mission is centered around owning and managing a 50-unit apartment complex, providing affordable housing for low-income individuals. The organization, in accordance with Section 202 of the National Housing Act, aims to operate this apartment community, known as Sacred Heart Village III, with the primary objective of offering suitable living spaces to those in need. This endeavor is geared towards enhancing the living conditions for such individuals, thereby contributing positively to their overall well-being.


Official website here: www.mercyhousing.org

Who is the CEO of Sacred Heart Village Iii Inc?

James Alexander is the President/Director of Sacred Heart Village Iii Inc.


Official website here: www.mercyhousing.org

What is the revenue of Sacred Heart Village Iii Inc?

Sacred Heart Village Iii Inc's revenue in 2022 was $497,400.


Official website here: www.mercyhousing.org

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

Here are 11 key members and their salaries:

    Melissa Clayton (Vice President)
  • Compensation: $0
  • Related: $228,009
  • Other: $33,552

    • James Alexander (President/Director)
  • Compensation: $0
  • Related: $233,119
  • Other: $11,765

    • Joseph Rosenblum (Secretary/Director)
  • Compensation: $0
  • Related: $215,449
  • Other: $8,873

    • Chad Payne (Treasurer)
  • Compensation: $0
  • Related: $189,811
  • Other: $4,240

    • Kassidi Boening (Vice President)
  • Compensation: $0
  • Related: $134,820
  • Other: $30,258

    • Bobby Artis (Director)
  • Compensation: $0
  • Related: $104,597
  • Other: $45,941

    • Anyeka Wallace (Director)
  • Compensation: $0
  • Related: $127,814
  • Other: $21,025

    • Selena Freeman (Director)
  • Compensation: $0
  • Related: $100,631
  • Other: $27,789

    • Bruce Saab (Vice President)
  • Compensation: $0
  • Related: $94,309
  • Other: $16,925

    • Elaine Williams (Director)
  • Compensation: $0
  • Related: $63,576
  • Other: $14,262

    • Terry Steiden (Director)
  • Compensation: $0
  • Related: $62,977
  • Other: $14,353


  • Official website here: www.mercyhousing.org

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

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


    Official website here: www.mercyhousing.org

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

    Mission Statement of Sacred Heart Village Iii Inc

    Sacred Heart Village III Inc, as a nonprofit organization, is committed to owning and operating a 50-unit apartment project. This project is designed to provide housing for individuals with low income, serving as a vital resource for those in need. The organization's mission, in line with Section 202 of the National Housing Act, aims to create a welcoming community that offers stable housing solutions. By doing so, Sacred Heart Village III Inc contributes to enhancing the living conditions of its residents, providing them with a safe and supportive environment.

    Impact

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




    Wednesday, July 24, 2024

    Sacred Heart Village III Inc's impact lies in providing affordable housing for low-income individuals in Louisville, Kentucky. By owning and operating a 50-unit apartment community, this organization plays a crucial role in addressing the housing needs of vulnerable populations. This initiative not only offers a safe and stable living environment for those in need but also contributes to building stronger and more resilient communities. Sacred Heart Village III Inc's dedication to providing affordable housing is a testament to their commitment to improving the quality of life for low-income individuals in the Louisville area.





    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: $8
  • Program Service Revenue: $203,214
  • Gross Receipts: $497,400

    • Assets and Liabilities:
  • Total Assets: $1,970,884
  • Total Liabilities: $62,772
  • Net Assets: $1,908,112
  • Programs

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

    NET RENTAL REVENUE

    Revenue

    $200,183

    OTHER REVENUE

    Revenue

    $1,593

    ANCILLARY SERVICES

    Revenue

    $1,438

    Organization Details

    Founding Year

    2000

    Principal Officer

    James Alexander

    Main Address

    1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

    NTEE Category

    Code: L22 - Housing

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