St Cloud Villas Phase Ii Inc

Organization Overview

St Cloud Villas Phase Ii Inc is located in Kissimmee, FL. The organization was established in 2005. 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. St Cloud Villas Phase Ii 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 12/2021, St Cloud Villas Phase Ii Inc generated $532.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $629.1k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF A 50-UNIT APARTMENT BUILDING FOR LOW-INCOME ELDERLY AND DISABLED PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNS AND OPERATES AN APARTMENT BUILDING CONSISTING OF 50 UNITS LOCATED IN ST. CLOUD, FLORIDA, FOR THE PURPOSE OF PROVIDING HOUSING AND SERVICES TO LOW-INCOME ELDERLY AND DISABLED PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Rayelynne Ketchum
President
$0
Robert Hansell
Vice President
$0
Robert Husband
Treasurer
$0
Kimberlee Goodwin
Secretary
$0
Wendy Ford
Chief Executive Officer
$0
Mylika Morton
CFO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $387,577
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$387,577
Total Program Service Revenue$144,654
Investment income $87
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 $532,318

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