ST JOSEPH'S VILLA FOUNDATION

EIN: 541909187 501(c)(3) Housing & Shelter

RICHMOND, VA

Total Revenue
$910,978
Total Expenses
$1,246,462
Total Assets
$25,841,199
Net Assets
$25,797,570
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VA
Principal Officer
DAVID D REDMOND
Phone
8045533200
Tax Period
2023-07-01 to 2024-06-30

ST JOSEPH'S VILLA FOUNDATION, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2017. Revenue surged 646% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 61% operating margin.

Mission

ST. JOSEPH'S VILLA FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES, AND PARTICULARLY: *TO SOLICIT, RECEIVE AND ADMINISTER GIFTS, GRANTS, CONTRIBUTIONS AND DONATIONS FOR ST. JOSEPH'S VILLA, AND *TO DISTRIBUTE FUNDS TO ST. JOSEPH'S VILLA AND ITS THREE RELATED ORGANIZATIONS IN SUPPORT OF THEIR VARIOUS PROGRAMS AND ACTIVITIES. THESE DISTRIBUTIONS FORM AN INTEGRAL PART OF THE ON-GOING OPERATING BUDGET OF ST. JOSEPH'S VILLA.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,145
Program Service Revenue $0
Investment Income $901,833
Other Revenue $0
TOTAL REVENUE $910,978

Expense Breakdown

Grants Paid $1,132,981
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,132,981
Other Expenses $113,481
TOTAL EXPENSES $1,246,462

Year-over-Year Comparison

2023 2022 Change
Revenue $910,978 $438,996 +1.1%
Expenses $1,246,462 $1,293,796 0.0%
Net Income $-335,484 $-854,800 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$394,084
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ACKERLY IV DIRECTOR 1.00
Director
$0 $0 $0
JOHN B CATLETT JR DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN C DUKE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER M LAYNE DIRECTOR 1.00
Director
$0 $0 $0
JEANMARIE MCGOWAN DIRECTOR/CHAIR - STARTED 3-2024 1.00
Officer Director
$0 $0 $0
J SARGEANT REYNOLDS JR DIRECTOR 1.00
Director
$0 $0 $0
DAVID D REDMOND CHAIR - ENDED 3-2024 1.00
Officer Director
$0 $0 $0
KAREN ML WHELAN VICE-CHAIR 1.00
Officer Director
$0 $0 $0
SUZANNE HINTON TREASURER 1.00
Officer
$0 $17,890 $180,372
JENNIFER FRIAR CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $23,410 $213,712
KATHLEEN BURKE BARRETT CEO-FORMER 0.00
$0 $13,963 $490,897
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $910,978 $1,246,462 $25,841,199 $-335,484
2023 $438,996 $1,293,796 $24,013,549 $-854,800
2022 $972,717 $1,336,557 $22,923,124 $-363,840
2021 $1,723,000 $1,307,439 $27,697,790 $415,561
2020 $377,716 $1,299,277 $22,627,264 $-921,561
2019 $268,312 $1,451,974 $23,409,357 $-1,183,662
2018 $3,268,386 $1,276,577 $23,502,065 $1,991,809
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