Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Villas at St. Therese is a nonprofit organization based in Columbus, Ohio, dedicated to providing secure and affordable living options for middle-income seniors, with a focus on independence. Sponsored by the Carmelite Sisters for the Aged and Infirm, it operates a 75-bed independent living facility and a 50-bed assisted living facility, supported by an operating budget of $4.9 million and total revenue of $4.2 million for the 2024 filing year. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission.

Mission Statement

THE ORGANIZATION IS A ROMAN CATHOLIC INSTITUTION SPONSORED BY THE CARMELITE SISTERS FOR THE AGED AND INFIRM. THE ORGANIZATION'S MISSION IS TO PROVIDE A SECURE AFFORDABLE APARTMENT SETTING FOR MIDDLE-INCOME SENIORS WITH AN EMPHASIS ON INDEPENDENCE THROUGH THE OPERATION OF A NON-PROFIT 75-BED INDEPENDENT LIVING FACILITY AND A 50-BED ASSISTED LIVING FACILITY LOCATED IN COLUMBUS, OHIO.
Revenues
$4.2M
Expenses
$4.9M
Net Income:
-$698K
Assets
$11.9M
Liabilities
$14.5M
Net Assets:
-$2.6M
Operating Budget
$4.9M
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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Total No. of Grants
1
Median grant size
$21K
Largest grant received
$21K
S
Sr Lois Joseph Baniewicz
Board Member
M
MR Leonard Barbe
Board Member
M
MR Bert Seymour
Board Member

Frequently Asked Questions

What is THE VILLAS AT ST THERESE’s budget?
In 2024, THE VILLAS AT ST THERESE reported an annual operating budget of around $4.9 million. More detailed financial information is available to registered users.
What causes does THE VILLAS AT ST THERESE support?
THE VILLAS AT ST THERESE supports work in Special needs education.
Where does THE VILLAS AT ST THERESE operate?
THE VILLAS AT ST THERESE is headquartered in Columbus, OH.
Who funded THE VILLAS AT ST THERESE recently?
In 2018, THE VILLAS AT ST THERESE received grants from THE FOUNDATION OF THE CATHOLIC DIOCESE OF COLUMBUS. More information on this organization’s funders is available to registered users.
What is the largest grant THE VILLAS AT ST THERESE received in 2018?
The largest grant to THE VILLAS AT ST THERESE in 2018 exceeds $21 thousand.