AI Summary
VIDA Commercial Partners Inc is a nonprofit organization focused on housing development in Denver, Colorado. Its mission is to support the Housing Authority of the City and County of Denver by facilitating the development of property at 4007 W. Colfax Avenue, aimed at serving the low-income aging population. With an operating budget of $484.3K and total revenue of $646.3K for the 2024 filing year, the organization plays a critical role in addressing housing needs in the area, without relying on a single funder for 50% or more of its revenue.
Mission Statement
VIDA COMMERCIAL PARTNERS, INC. IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE HOUSING AUTHORITY OF THE CITY AND COUNTY OF DENVER, COLORADO, A PUBLIC BODY CORPORATE AND POLITIC (THE "DISTRICT"). VIDA HAS ACQUIRED AN INTEREST IN CERTAIN PROPERTY LOCATED AT 4007 W. COLFAX AVENUE, DENVER, COLORADO 80204 AND INTENDS TO FACILITATE THE DEVELOPMENT OF THE PROPERTY FOR LEASING TO THE DISTRICT FOR USE SOLELY IN SUPPORT OF THE DISTRICT'S USE IN FURTHERANCE OF THE DISTRICT'S CHARITABLE PURPOSES (THE "PROJECT"). THIS SPACE IS INTENDED TO SERVE THE AREA'S LOW INCOME AGING POPULATION. ADDITIONALLY, THE DISTRICT DOES NOT QUALIFY FOR THE TYPE OF FINANCING VIDA OBTAINED, WHICH IS REQUIRED IN ORDER TO ACQUIRE AND COMPLETE THE PROJECT.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is VIDA COMMERCIAL PARTNERS INC’s budget?
In 2024, VIDA COMMERCIAL PARTNERS INC reported an annual operating budget of around $484 thousand. More detailed financial information is available to registered users.
What causes does VIDA COMMERCIAL PARTNERS INC support?
VIDA COMMERCIAL PARTNERS INC supports work in Housing development.
Where does VIDA COMMERCIAL PARTNERS INC operate?
VIDA COMMERCIAL PARTNERS INC is headquartered in Denver, CO.