Village Enterprises

Organization Overview

Village Enterprises is located in Portland, OR. The organization was established in 1998. 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. Village Enterprises 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, Village Enterprises generated $9.7m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $9.0m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 3 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

VILLAGE ENTERPRISES BELIEVES OUR ELDERS DESERVE HONOR AND RESPECT, REGARDLESS OF THEIR FINANCIAL OR PHYSICAL CONDITION. AS A NONPROFIT, WE PROVIDE COMPASSIONATE AND PROFESSIONAL CARE THROUGH THREE PORTLAND FACILITIES THAT ARE HOME TO MORE THAN 250 SENIORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VILLAGE ENTERPRISES WAS FORMED IN RESPONSE TO THE GROWING NEED FOR AFFORDABLE ASSISTED AND INDEPENDENT LIVING HOUSING IN THE PORTLAND METROPOLITAN AREA, THEREBY LESSENING THE BURDEN OF GOVERNMENT TO PROVIDE SUCH HOUSING. THE FOCUS OF THE ORGANIZATION HAS BEEN THE DEVELOPMENT AND SUCCESSFUL OPERATION, AT PRESENT, OF THREE RESIDENTIAL CARE FACILITIES:A 127-UNIT RESIDENTIAL RENTAL PROJECT COMPRISED OF 12 ALZHEIMER'S UNITS, 98 ASSISTED LIVING UNITS, 17 ACTIVE INDEPENDENT LIVING UNITS, AND FUNCTIONALLY RELATED FACILITIES.SEE SCHEDULE O FOR CONTINUATIONA 109-UNIT RESIDENTIAL RENTAL PROJECT COMPRISED OF 79 ASSISTED LIVING UNITS, 30 ACTIVE INDEPENDENT LIVING UNITS, AND FUNCTIONALLY RELATED FACILITIES.A RESIDENTIAL RENTAL PROJECT COMPRISED OF 46 ACTIVE INDEPENDENT LIVING UNITS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael W Maslowsky
President
$0
Eugene Diloreto
Secretary
$0
Ruth Van Hoomissen
Member
$0
Maura O'scannlain
Member
$0
Dr Brian Shaffer
Member
$0
Karl Smith
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,110,636
All other contributions, gifts, grants, and similar amounts not included above$30,433
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,141,069
Total Program Service Revenue$8,466,711
Investment income $2,923
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 $9,652,880

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