Villa Pacis Inc is located in Jackson, MS. The organization was established in 1987. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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 Pacis 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 06/2024, Villa Pacis Inc generated $102.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $91.2k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
LOW INCOME HOUSING PROVIDED THROUGH THE OPERATION OF APARTMENT UNITS TO THE CHRONICALLY MENTALLY ILL UNDER SECTION 202 OF THE NATIONAL HOUSING ACT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rev Lincoln Dall Vice President | 1 | $0 | |
Carolyn Callahan Sec/treas | 1 | $0 | |
Msgr Elvin Sunds President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $102,094 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $171 |
Total Revenue | $102,265 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $7,055 |
Professional fees and other payments to independent contractors | $7,500 |
Occupancy, rent, utilities, and maintenance | $35,422 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $41,240 |
Total expenses | $91,217 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,848 |
Other assets | $0 |
Total assets | $123,252 |
Total liabilities | $173,816 |
Net assets or fund balances | -$50,564 |