Soroptimist Village Foundation
- Assets
- $2.1m
- Revenue
- $317.7k
- Investments
- $1.9m
- Employees
- 0
- Location
- Norwalk, CA
- Founding
- 10/1966
- Data as of
- 06/2021
- EIN
- 95-2258645
Organization Overview
Soroptimist Village Foundation is located in Norwalk, CA. The organization was established in 1966. 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. Soroptimist Village Foundation 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 06/2021, Soroptimist Village Foundation generated $317.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $215.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 47 UNITS OF LOW INCOME HOUSING TO ELDERLY TENANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Molina President | 0 | $0 | |
Vivian Fang Secretary | 0 | $0 | |
Gina Ayala Vice President | 0 | $0 | |
Sylvia Youngblood Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,252 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $227,487 |
| Total Revenue | $317,739 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $22,861 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $94 |
| Printing and publications | $0 |
| Other expenses | $192,467 |
| Total operating and administrative expenses | $215,422 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $215,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,921 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $159,279 |
| Other assets | $2,200 |
| Total assets | $2,145,186 |
| Accounts payable and accrued expenses | $9,181 |
| Grants payable | $0 |
| Deferred revenue | $165,308 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,813 |
| Total liabilities | $176,302 |
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