Voa Development 2 Inc

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

EIN: 721486697 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Voa Development 2 Inc?

Voa Development 2 Inc is a nonprofit organization situated in New Orleans, Louisiana. Their primary objective is to provide affordable and safe housing for the homeless and elderly. They operate 70 units of single room occupancy and efficiency housing, which were previously allocated Low-Income Housing Tax Credits under Internal Revenue Code Section 42. These credits have been utilized, and the compliance period has expired. The organization's mission is dedicated to serving the homeless and elderly population in the New Orleans area, offering them a secure living space.


Official website here: www.voasela.org

Is Voa Development 2 Inc legitimate?

Voa Development 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voa Development 2 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


Official website here: www.voasela.org

What is the mission statement of Voa Development 2 Inc?

Voa Development 2 Inc's mission is centered around providing affordable and safe housing for individuals who are either homeless or elderly. The organization operates single room occupancy and efficiency housing units, specifically designing these accommodations to cater to the needs of this vulnerable group. Located in an unspecified area, the organization houses approximately 70 units, which were previously allocated low-income housing tax credits. These credits have been utilized, and the compliance period has expired. The mission of Voa Development 2 Inc is to provide a secure living space for those in need, promoting dignity and independence through suitable housing options.


Official website here: www.voasela.org

Who is the CEO of Voa Development 2 Inc?

Voris N Vigee is the President And Ceo of Voa Development 2 Inc. The CEO's salary of Voa Development 2 Inc is $0 and their total compensation is $358,472.


Official website here: www.voasela.org

What is the revenue of Voa Development 2 Inc?

Voa Development 2 Inc's revenue in 2023 was $2,897,515.


Official website here: www.voasela.org

Who are the executives of Voa Development 2 Inc and what are their salaries?

Here are 3 key members and their salaries (Voa Development 2 Inc's CEO's salary is $0 and their total compensation is $358,472):

    Voris N Vigee (President And Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $268,836
  • Other: $89,636

    • Gary Zapata (Cfo)
  • Compensation: $0
  • Related: $129,346
  • Other: $33,133

    • Robert Rhoden (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.voasela.org

    Where can I find the form 990 for Voa Development 2 Inc?

    The Voa Development 2 Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.voasela.org

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

    Mission Statement of Voa Development 2 Inc

    Voa Development 2 Inc is committed to operating single room occupancy and efficiency housing specifically targeted towards individuals who are homeless or elderly in the community. The organization's mission is to provide affordable and safe housing solutions for these vulnerable groups, ensuring they have a secure living space. Previously, Voa Development 2 Inc qualified for and was allocated Low-Income Housing Tax Credits, as per the Internal Revenue Code, Section 42. These credits were utilized, and the fifteen-year compliance period has since expired. This indicates that Voa Development 2 Inc has successfully fulfilled its commitment to offer affordable housing options to those in need, demonstrating its dedication to making a positive impact in the lives of the homeless and elderly population.

    Impact

    This information is meant to be a general summary of Voa Development 2 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Voa Development 2 Inc's impact lies in providing affordable and safe housing solutions for the homeless and elderly population in the New Orleans area. Through the operation of single room occupancy and efficiency housing, the organization offers a crucial lifeline to individuals in need of stable shelter. By managing seventy units dedicated to this cause, Voa Development 2 Inc plays a vital role in addressing homelessness and housing insecurity in the community. Their efforts contribute significantly to improving the lives of vulnerable individuals by providing them with a place to call home.





    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 2023.

  • Investment Income: $0
  • Program Service Revenue: $15,828
  • Gross Receipts: $2,897,515

    • Assets and Liabilities:
  • Total Assets: $1,621,901
  • Total Liabilities: $9,954
  • Net Assets: $1,611,947
  • Programs

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

    TENANT BASED SUBSIDY R

    Revenue

    $15,828

    Organization Details

    Founding Year

    2000

    Principal Officer

    Voris N Vigee

    Main Address

    4152 CANAL STREET, NEW ORLEANS, LA, 70119

    NTEE Category

    Code: S80 - Community improvement

    If you are a representative of Voa Development 2 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.