Villa De Confianza is located in Phoenix, AZ. The organization was established in 1989. 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 DE Confianza 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 09/2023, Villa DE Confianza generated $153.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $133.0k during the year ending 09/2023. While expenses have increased by 1.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZED FOR THE PURPOSE OF OPERATING AN APARTMENT PROJECT LOCATED IN PHOENIX, ARIZONA FOR LOW-INCOME AND DISABLED INDIVIDUALS. THE PROJECT IS COMPRISED OF TEN APARMTENT UNITS AND A MULTI-PURPOSE BUILDING FOR RECREATIONAL AND ADMINISTRATIVE PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Sheets President/ceo | 1 | $0 | |
Mike Fett Treasurer | 1 | $0 | |
Richard Herold Chairman | 1 | $0 | |
Steve Thompson Immediate Past Chair | 1 | $0 | |
Dr Adrienne C Scheck Secretary | 1 | $0 | |
Karen Evers Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $120,660 |
Total Program Service Revenue | $31,712 |
Membership dues | $0 |
Investment income | $21 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,329 |
Total Revenue | $153,722 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,763 |
Professional fees and other payments to independent contractors | $12,535 |
Occupancy, rent, utilities, and maintenance | $41,596 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $61,115 |
Total expenses | $133,009 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $106,630 |
Other assets | $0 |
Total assets | $379,329 |
Total liabilities | $807,799 |
Net assets or fund balances | -$428,470 |