Village Vision Inc
- Assets
- $522.3k
- Revenue
- $10.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Isle Of Palms, SC
- Founding
- 02/2017
- Data as of
- 12/2016
- EIN
- 81-0811566
Organization Overview
Village Vision Inc is located in Isle Of Palms, SC. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Village Vision 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 12/2016, Village Vision Inc generated $10.9k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND OPERATE A LIFELONG AFFORDABLE RESIDENTIAL COMMUNITY SOLUTION IN THE TRI-COUNTY AREA OF BERKELEY, CHARLESTON AND DORCHESTER, SOUTH CAROLINA; SAFE, FAMILIAR, WARM, WELCOMING, UNDERSTANDING & SUPPORTIVE OF COMMUNITY MEMBERS WITH DEVELOPMENTAL & ACQUIRED DISABILITIES, AND INCLUDING FAMILY MEMBERS, IF THEY CHOOSE, ENCOURAGING & INSPIRING ALL TO ACHIEVE & ENJOY THEIR HIGHEST DEGREE OF INDEPENDENCE & LIFE ENRICHMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHILE TRUE "PROGRAM SERVICES" HAVE YET TO BE LAUNCHED, THE BOARD HAS SPENT THE PAST YEAR IN DILIGENT SEARCH OF APPROPRIATE PROPERTY THAT WILL ALLOW US TO PROCEED WITH COMMUNITY DESIGN AND CONSTRUCTION. AT THE SAME TIME WE HAVE PARTICIPATED IN CONTINUING COMMUNICATIONS WITH OTHER ORGANIZATIONS ENGAGED IN SIMILAR ENDEAVORS, ALLOWING US TO FURTHER REFINE AND DEFINE OUR UNDERSTANDING OF BEST DESIGN, LOCATION AND FINANCIAL MODEL APPROACHES IN ORDER TO MOST EFFECTIVELY AND EFFICIENTLY ACHIEVE OUR GOALS FOR THE BENEFIT OF OUR TARGET CONSTITUENCY. FINALLY, WE HAVE CONTINUED OUR EFFORTS TO IDENTIFY AND HAVE DIALOGUES WITH OTHER ORGANIZATIONS PROVIDING COMPLIMENTARY SERVICES THAT WILL BE EXTREMELY VALUABLE TO MEMBERS OF OUR COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph N Stonesifer Jr President | Officer | 10 | $0 |
John C Dewitte Vice-President | Officer | 5 | $0 |
Deborah M Antonelli Secretary-Treasurer | Officer | 2 | $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 | $10,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,625 |
| Total Program Service Revenue | $0 |
| Investment income | $246 |
| 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 | $10,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $2,666 |
| 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 | $29 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $522,326 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $522,326 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $522,326 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $522,326 |
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