Victory Village
- Assets
- $28.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shalimar, FL
- Founding
- Data as of
- 06/2024
- EIN
- 87-1966269
Organization Overview
Victory Village is located in Shalimar, FL. 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. Victory Village 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, Victory Village generated $31.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $20.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (53.9%) per year over the past 3 years. 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
VICTORY VILLAGE IS IN THE PRE-DEVELOPMENT STAGE OF CONSTRUCTION AND, WHEN OPERATING, WILL PROVIDE AFFORDABLE SENIOR LIVING FOR ELDERLY RETIRED MILITARY MEMBERS, SURVIVING SPOUSES, AND WOUNDED WARRIORS AND CAREGIVERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Mclean Director | 0 | $0 | |
William Turner Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,771 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,771 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,312 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,605 |
| Total expenses | $20,917 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,046 |
| Other assets | $0 |
| Total assets | $28,046 |
| Total liabilities | $258,204 |
| Net assets or fund balances | -$230,158 |