Voanne Beach Street House Beach Street House

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010744492 ✦ Brunswick, ME ✦ Designated as a 501(c)(3)

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Overview

What is Voanne Beach Street House Beach Street House?

Voanne Beach Street House, situated in Brunswick, Maine, is a community service organization affiliated with Volunteers of America. Their primary mission is to provide affordable housing for individuals with disabilities, who often face financial challenges. This nonprofit organization is dedicated to offering a supportive living environment, aiming to improve the quality of life for this vulnerable group.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)

Voanne Beach Street House has earned an 87% score from Charity Navigator, reflecting a strong performance in accountability and finance. This rating is based entirely on financial metrics, indicating a commitment to transparency and responsible management of funds. The charity's exemplary scores in various categories, including a perfect score for the majority of independent board members and their size, highlight its strong governance structure.

The organization impressively maintains a low liabilities to assets ratio of 11.63%, suggesting a solid financial foundation. Additionally, it allocates 74.52% of its expenses directly to programs, signaling a focus on its mission rather than administrative costs. This high program expense ratio indicates effective use of resources to achieve its goals.

While the charity exhibits strong financial practices, the rating does not address any specific programmatic outcomes or community impact, which are also essential aspects of a nonprofit's effectiveness. Overall, the high accountability and finance score positions Voanne Beach Street House as a reliable organization for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Voanne Beach Street House Beach Street House legitimate?

Voanne Beach Street House Beach Street House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voanne Beach Street House Beach Street House submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Voanne Beach Street House Beach Street House?

The mission of Voanne Beach Street House, as a community service organization, is centered around providing low-income housing for individuals with disabilities. This mission is carried out with the aim of offering a supportive living environment for these individuals, ensuring they have access to suitable housing solutions despite their financial constraints and physical challenges. The organization's primary goal is to contribute positively to the well-being and independence of disabled individuals by providing them with a suitable living space.

Who is the CEO of Voanne Beach Street House Beach Street House?

Jessie Lilly is the President/Ceo of Voanne Beach Street House Beach Street House. The CEO's salary of Voanne Beach Street House Beach Street House is $0 and their total compensation is $207,321.

What is the revenue of Voanne Beach Street House Beach Street House?

Voanne Beach Street House Beach Street House's revenue in 2022 was $67,471.

Who are the executives of Voanne Beach Street House Beach Street House and what are their salaries?

There 3 volunteers at Voanne Beach Street House Beach Street House.


Here are 5 key members and their salaries (Voanne Beach Street House Beach Street House's CEO's salary is $0 and their total compensation is $207,321):


Richard Hooks Wayman (President/Ceo)
  • Compensation: $0
  • Related: $121,481
  • Other: $85,840
Brad Macdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Pladsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Lilly (Cfo & Treasurer/Secretary)
  • Compensation: $0
  • Related: $89,310
  • Other: $28,444
Where can I find the form 990 for Voanne Beach Street House Beach Street House?

Voanne Beach Street House Beach Street House's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Voanne Beach Street House Beach Street House

Voanne Beach Street House, a community service organization, is dedicated to providing low-income housing for individuals with disabilities. This nonprofit focuses on creating a supportive living environment for those in need, contributing to their overall well-being and independence. By offering affordable housing options, Voanne Beach Street House aims to alleviate some of the financial burdens faced by individuals with disabilities, enabling them to focus on their personal growth and improved quality of life. The organization's mission is a testament to its commitment to ensuring equal housing opportunities for all, fostering a sense of community and compassion among its residents.

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Impact




August, 2024

Voanne Beach Street House Beach Street House provides low-income housing for disabled persons in Brunswick, ME. Their impact can be seen in the improved quality of life for individuals who may not have access to suitable housing otherwise. By offering affordable and accessible housing options, Voanne Beach Street House Beach Street House contributes to the well-being and stability of the community, creating a positive impact on both the residents and the neighborhood as a whole.




This information is meant to be a general summary of Voanne Beach Street House Beach Street House. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$67,471 (2022)
Expenses
$82,643 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $28
  • Program Service Revenue: $67,443
  • Gross Receipts: $67,471

Assets and Liabilities:

  • Total Assets: $532,300
  • Total Liabilities: $17,256
  • Net Assets: $515,044

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tenant Rent

Revenue

$67,443

Organization Details

Founding Year

2002

Principal Officer

Jessie Lilly

Main Address

14 Maine Street Suite 100, Brunswick, ME, 04011

NTEE Category

Code: S80 - Community improvement

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