Company Profile: Villa Santa Maria, Inc.
Background
Villa Santa Maria, Inc. is a nonprofit organization dedicated to providing affordable housing solutions to low-income individuals in Dallas, Texas. Established in 1995, the organization operates under the guidelines of Rev. Proc. 96-32, offering rental apartments to those in need. Its mission is to enhance the living standards of low-income residents by providing safe and comfortable housing environments. As a 501(c)(3) entity, Villa Santa Maria, Inc. is committed to serving the community through its housing programs.
Key Strategic Focus
The organization's strategic focus centers on delivering affordable housing to low-income individuals in Dallas, Texas. By adhering to the guidelines of Rev. Proc. 96-32, Villa Santa Maria, Inc. ensures that its housing programs are accessible to those within specific income brackets. This approach underscores the organization's commitment to addressing housing needs and improving the quality of life for its residents.
Financials and Funding
In the fiscal year ending December 2023, Villa Santa Maria, Inc. reported total revenues of $1,358,351 and expenses of $1,228,444, resulting in net assets of $1,137,203. The organization's revenue primarily stems from program services, with no significant contributions or grants reported. Investment income amounted to $15,059. The expenses include salaries and wages totaling $167,654, with no executive compensation or professional fundraising fees reported.
Leadership Team
The leadership team of Villa Santa Maria, Inc. comprises dedicated individuals committed to the organization's mission:
- Sister Mary Ann Owens, SSND: President
- Shannon Ortleb: Chief Operating Officer
- Joseph W. Dingman: Treasurer
- Sister Kathleen Bauer: Director
- David Leininger: Director
- Anthony S. Levatino: Director
- Keith Manoy: Director
The leadership team is responsible for overseeing the organization's operations and ensuring the effective delivery of its housing programs.
Competitor Profile
In the Dallas area, Villa Santa Maria, Inc. operates in a competitive landscape of nonprofit organizations focused on affordable housing. Key competitors include:
- Dallas Housing Authority (DHA): Provides affordable housing options and housing assistance programs to low-income residents in Dallas.
- Metro Dallas Homeless Alliance (MDHA): Focuses on ending homelessness in Dallas and Collin counties through advocacy, education, and coordination of services.
- Habitat for Humanity of Greater Dallas: Builds and renovates homes for low-income families, offering affordable homeownership opportunities.
These organizations, along with Villa Santa Maria, Inc., play vital roles in addressing the housing needs of low-income individuals in the Dallas area.
Strategic Collaborations and Partnerships
Villa Santa Maria, Inc. collaborates with various community organizations, government agencies, and local businesses to enhance its housing programs and extend its reach. These partnerships are crucial for pooling resources, sharing expertise, and maximizing the impact of affordable housing initiatives in Dallas.
Operational Insights
Villa Santa Maria, Inc. differentiates itself through its adherence to the guidelines of Rev. Proc. 96-32, ensuring that its housing programs are accessible to individuals within specific income brackets. This strategic focus enables the organization to effectively address the housing needs of low-income residents in Dallas, contributing to the community's overall well-being.
Strategic Opportunities and Future Directions
Looking ahead, Villa Santa Maria, Inc. aims to expand its housing programs to serve a broader segment of the low-income population in Dallas. By leveraging strategic partnerships and exploring new funding avenues, the organization seeks to enhance its capacity to provide safe and affordable housing solutions, thereby making a more significant impact on the community.
