National Church Residences Of

Organization Overview

National Church Residences Of, operating under the name Palm Springs Villa, is located in Columbus, OH. The organization was established in 1982. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Palm Springs Villa is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2024, Palm Springs Villa generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $4.9m during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING FOR LOW AND MODERATE INCOME PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOLE PURPOSE IS TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING, THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE, AND OPERATION THEREOF ON A NONPROFIT BASIS.


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Board, Officers & Key Employees

Name (title)Compensation
Virginia Barney
Director
$0
Greg Comfort
Director
$0
Robert Maloney
Director
$0
Tingting Li
Director
$0
Matthew D Rule
President
$0
Sonya Brown
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$500,000
Government grants $914,235
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,414,235
Total Program Service Revenue$150,986
Investment income $10,802
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $45,161
Net Gain/Loss on Asset Sales -$304
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,622,096

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