Overview

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Est.

1988

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Somerset Villas Inc is a nonprofit organization dedicated to providing low-income housing to the elderly, with a focus on housing development and retirement housing. Operating with a budget of $1.4 million and generating total revenue of $1.3 million in the 2025 filing year, the organization aims to support vulnerable populations in need of affordable living solutions. More information can be found on their website at www.hacecdc.org.

Mission Statement

TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY.
Revenues
$1.3M
Expenses
$1.4M
Net Income:
-$73.8K
Assets
$2.6M
Liabilities
$5.5M
Net Assets:
-$2.9M
Operating Budget
$1.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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G
Gina Chapman
Board Member
R
Rafael Porrata-Doria Jr Esq
Board Member
D
David Gonzalez
Executive

Frequently Asked Questions

What is SOMERSET VILLAS INC’s budget?
In 2025, SOMERSET VILLAS INC reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does SOMERSET VILLAS INC support?
SOMERSET VILLAS INC supports work in Retirement housing and Housing development.
Where does SOMERSET VILLAS INC operate?
SOMERSET VILLAS INC is headquartered in Philadelphia, PA.