Sacred Heart Village

What Sacred Heart Village does

Sacred Heart Village, Inc. is a 501(c)(3) nonprofit organization operating a single affordable senior housing complex at 920 North Monroe Street in Wilmington, Delaware. The facility comprises 77 one-bedroom apartments serving HUD-eligible seniors age 62 and older, with rent calculated based on adjusted income (including age and medical expense allowances). The property was acquired by its sponsoring organization, Ministry of Caring, in 1997 from the Diocese of Wilmington, with construction funded by a blend of government and non-government sources. First tenants took up residency in October 2001.

The organization's core product is permanent affordable housing for low-income seniors, supplemented by on-site amenities including a café, convenience store, hair salon, computer lab, off-street parking, 24-hour doorman/security, and emergency call cords in each unit. The Francis X. Norton Senior Center serves both residents and the surrounding Trinity Vicinity and West Center City neighborhoods with a fitness center, computer room, arts and crafts room, pool room, and conference room. Revenue derives from two streams: tenant rent payments based on adjusted income and tax-deductible donations processed through the Ministry of Caring website. The organization operates in accordance with the Federal Fair Housing Law and must adhere to HUD eligibility and tenant selection criteria.

The go-to-market model is direct application: prospective residents download a pre-application form from the website and submit it via email, mail, or in person. Eligible applicants are placed on a waiting list subject to HUD income limits and Sacred Heart Village's own tenant selection criteria. The organization has no proprietary technology platform, no mobile applications, and no disclosed AI capabilities. It is governed by a Board of Directors including community members, legal professionals, and former public officials, with operational management led by Sr. Pat Kerezsi, OSF (Manager) and Marie Keefer (Human Resources Director).

Name

Sacred Heart Village

Legal name

Sacred Heart Village, Inc.

Website

https://sacredheartvillage.org

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Sacred Heart Village is a 501(c)(3) nonprofit operating a HUD-funded 77-unit affordable senior housing complex in Wilmington, Delaware, serving low-income seniors age 62 and older with rent based on adjusted income, supported by tax-deductible donations.

Ownership category

akta.pro rank

Product category

Senior Affordable Housing

NAICS

Services for the Elderly and Persons with Disabilities (624120), Other Residential Care Facilities (623990)

SIC

Services-Social Services (8300), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

Keywords

• Senior housing
• Affordable housing
• Senior living
• HUD housing
• Nonprofit housing

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Resident Rent Payments: Rent payments from residents based on adjusted income, which includes allowances based on age and medical expenses. Income limits for eligibility are $27,250 for one person and $31,100 for two people (2009 figures).
2. Donations: Individual and corporate donations received to maintain facilities and services. Sacred Heart Village is a 501(c)(3) organization with fully tax-deductible donations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sacred Heart Village operates a HUD-funded apartment complex providing 77 one-bedroom units of permanent affordable housing for seniors age 62 and older who meet HUD income eligibility requirements. Rent is calculated based on adjusted income (including age and medical expense allowances), and residents have access to on-site amenities such as a café, convenience store, hair salon, computer lab, and off-street parking, as well as the Francis X. Norton Senior Center for fitness, arts and crafts, and community programming.

Product overview

Sacred Heart Village operates as a single, unified affordable senior housing community rather than a platform with modular products. The organization provides permanent housing for seniors age 62 and older through its core offering of 77 one-bedroom apartments, supplemented by on-site amenities and the Francis X. Norton Senior Center which serves residents and neighboring community members.

Differentiator

Problem solved

Functional benefit

Brands

• Francis X. Norton Senior Center: Community resource serving the needs of people living in the Trinity Vicinity and West Center City neighborhoods including the residents of Sacred Heart Village. Features computer room, arts and crafts room, pool room, conference room and fitness center.

Products and services

• Sacred Heart Village Senior Housing A HUD-funded apartment complex providing 77 one-bedroom units of permanent affordable housing for seniors age 62 and older, with rent calculated on adjusted income and access to on-site amenities including a café, convenience store, hair salon, computer lab, and off-street parking.
• Francis X. Norton Senior Center A community resource serving Sacred Heart Village residents and people living in the Trinity Vicinity and West Center City neighborhoods, featuring a computer room, arts and crafts room, pool room, conference room, and state-of-the-art fitness center.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Ministry of CaringcoreStrategic or Co-development Partner · 1 January 1997Sacred Heart Village was sponsored by the Ministry of Caring, a non-profit agency with 25 years of experience serving the needs of the poor and homeless in Wilmington, Delaware. The Ministry of Caring purchased the former Sacred Heart Church grounds in 1997 and oversaw the construction of the housing complex.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• HumanGood: Large nonprofit operating a broad portfolio of affordable and market-rate senior living communities across multiple states. Comparable mission in affordable senior housing but on a much larger, more diversified scale than Sacred Heart Village.
• Presbyterian Senior Living: Faith-based nonprofit operating a portfolio of senior housing and care communities, including affordable options. Comparable in faith-rooted nonprofit senior housing but operates a broader continuum-of-care portfolio.
• Catholic Charities USA: National faith-based social services network with housing programs serving low-income seniors. Comparable in faith-rooted nonprofit model serving poor seniors but at a much broader, multi-service scale.

Direct peers

• National Church Residences: Faith-based nonprofit that owns and operates affordable senior housing communities, including HUD-funded properties across multiple states. Closely comparable as both serve low-income seniors with HUD-backed independent living and supportive services.
• Mercy Housing: Nonprofit affordable housing provider operating LIHTC/HUD properties for low-income families, seniors, and special-needs populations. Comparable as both deliver affordable senior housing with on-site supportive services.
• Ecumen: Nonprofit senior housing and services operator with multiple affordable senior housing communities, including HUD-supported independent living. Comparable in resident population and HUD-funded operating model.
• The NHP Foundation: Nonprofit affordable housing owner/operator focused on preserving HUD- and LIHTC-funded multifamily and senior housing. Comparable in operating affordable senior independent living at a similar scale.
• Volunteers of America: Large national nonprofit that develops and operates HUD-subsidized affordable senior housing communities with supportive services. Directly comparable to Sacred Heart Village as a faith-rooted nonprofit operator of subsidized senior independent living.
• Preservation of Affordable Housing (POAH): Nonprofit that acquires, preserves, and operates affordable rental housing including senior communities funded through LIHTC and HUD programs. Comparable as both operate HUD-affordable senior housing with supportive services.
• AHEPA Senior Living: Nonprofit operator of affordable senior housing communities serving low- and moderate-income seniors, many of which are HUD-funded. Directly comparable in mission, resident profile, and operating model to Sacred Heart Village.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/SacredHeartVillage
• LinkedInlinkedin.com/company/sacred-heart-village

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sacred Heart Village