Villa Vianney Inc
- Assets
- $3.5m
- Revenue
- $534.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman, IL
- Founding
- 03/1979
- Data as of
- 12/2022
- EIN
- 37-1055112
Organization Overview
Villa Vianney Inc is located in Sherman, IL. The organization was established in 1979. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Villa Vianney Inc 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 12/2022, Villa Vianney Inc generated $534.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $465.1k during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VILLA VIANNEY, INC. WAS FORMED FOR THE PURPOSE OF OPERATING A 54-UNIT SENIOR LIVING FACILITY PROVIDING HOUSING TO THE ELDERLY IN THE SHERMAN, ILLINOIS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A SENIOR LIVING FACILITY WITH 54 BEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard S Edwards President & Treasurer | OfficerTrustee | 14 | $0 |
James O Williamson Vice President | OfficerTrustee | 40 | $0 |
Kenneth W Tasset Vice President | OfficerTrustee | 1 | $0 |
Concetta Cardinell Secretary | OfficerTrustee | 1 | $0 |
Frank Moscardelli Board Member | Trustee | 1 | $0 |
Peter Cavanagh Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $513,428 |
| Investment income | $748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $534,176 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $125,013 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $49,409 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $235,311 |
| Insurance | $30,870 |
| All other expenses | $24 |
| Total functional expenses | $465,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,118,440 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,961 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,482 |
| Net Land, buildings, and equipment | $2,215,381 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $128,215 |
| Other assets | $47,757 |
| Total assets | $3,546,236 |
| Accounts payable and accrued expenses | $81,152 |
| Grants payable | $0 |
| Deferred revenue | $4,102 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,178,446 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,207 |
| Total liabilities | $1,305,907 |
| Net assets without donor restrictions | $2,240,329 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,546,236 |