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- EIN 20-4339421
- (325) 944-0819
- 4054 Sul Ross St San Angelo TX 76904-6619 USA
- www.village-east.com
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Nonprofit Overview
Causes: Homeless & Housing, Senior Citizens Housing & Retirement Communities, Seniors
Mission: Provide retirement townhomes for lease to elderly tenants on a lifetime basis with a guaranteed return of 90% of the lease investment when the tenant dies or moves out.
Programs: Providing retirement homes for lease to elderly tenants on a lifetime basis with a guaranteed return of 90% of the lease investment when the tenant dies or moves out. 10% of the lease investment is amortized over a ten year period with the amortized amount recorded as cost fee income. If a vacated home is leased for a larger fee than the previous tenant receives 50% of the increase.