Vermont Eastern Star Home Inc

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

EIN: 030183720 ✦ Randolph, VT ✦ Designated as a 501(c)(3)

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Overview

What is Vermont Eastern Star Home Inc?

Vermont Eastern Star Home Inc, situated in Randolph, Vermont, serves as a grant provider to various other eligible 501(c)(3) organizations. Their primary mission is to extend aid and assistance to other exempt organizations and individuals in need, contributing to the broader nonprofit community. The organization, as indicated by its activities, plays a crucial role in supporting and bolstering the work of other exempt organizations, thereby extending its reach and impact beyond its immediate scope.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

Vermont Eastern Star Home Inc has received an 80% score, indicating a solid level of accountability and finance management. The organization stands out with a perfect score regarding its governance, having a fully independent board comprised of 12 members. This suggests a commitment to effective oversight and transparency in operations.

The organization has demonstrated strong financial health, with no material diversion of assets and a favorable liabilities to assets ratio of 0.00%. Additionally, a high program expense ratio of 86.21% indicates that a significant portion of their funds is directed towards their programs, reflecting a focus on mission-related activities.

While the overall score is commendable, it is primarily derived from the accountability and finance beacon, which means there may be less data available regarding other operational areas. Nonetheless, the existing financial practices and governance structures suggest that Vermont Eastern Star Home Inc is a responsible nonprofit organization.


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

Is Vermont Eastern Star Home Inc legitimate?

Vermont Eastern Star Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Eastern Star Home Inc 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: $2,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Vermont Eastern Star Home Inc?

Vermont Eastern Star Home Inc's mission revolves around providing aid to exempt organizations and individuals. Specifically, they grant funds to other 501(c)(3) organizations, extending their reach and impact. This philanthropic endeavor is a key part of their mission, aiming to support the work of other charitable entities. By offering financial assistance, Vermont Eastern Star Home Inc contributes to the broader social welfare and community development efforts.

Who is the CEO of Vermont Eastern Star Home Inc?

Doris Graves is the President of Vermont Eastern Star Home Inc.

What is the revenue of Vermont Eastern Star Home Inc?

Vermont Eastern Star Home Inc's revenue in 2023 was $58,124.

Who are the executives of Vermont Eastern Star Home Inc and what are their salaries?


Here are 12 key members and their salaries:


Sherrill L Gould (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Churchill (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Litchfield (Secretary)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Doris Graves (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erron Carey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Perry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Gould (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Piper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Graves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Small (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donarae Metcalf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Hinckley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Vermont Eastern Star Home Inc?

Vermont Eastern Star Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Vermont Eastern Star Home Inc

Vermont Eastern Star Home Inc, as per its mission, is dedicated to offering assistance to various exempt organizations and individuals. This nonprofit organization fulfills its purpose by providing grants to other 501(c)(3) organizations, making a total of 13 such grants. By doing so, Vermont Eastern Star Home Inc plays a significant role in supporting the work of other charitable organizations, thereby contributing to the broader nonprofit community.

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Impact




August, 2024

Vermont Eastern Star Home Inc's impact is primarily focused on providing assistance to other exempt organizations and individuals. Through grants to other 501(c)(3) organizations, the Vermont Eastern Star Home Inc plays a crucial role in supporting various causes and initiatives. This assistance contributes to the betterment of communities and individuals, ultimately fostering mutual benefit across different sectors. Their efforts aid in promoting community well-being and supporting the work of other nonprofit organizations, thus creating a positive ripple effect of assistance and support.




This information is meant to be a general summary of Vermont Eastern Star Home Inc. 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
$58,124 (2023)
Expenses
$67,051 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $52,932
  • Gross Receipts: $158,657

Assets and Liabilities:

  • Total Assets: $2,170,561
  • Total Liabilities: $0
  • Net Assets: $2,170,561

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Organization Details

Founding Year

1923

Principal Officer

Doris Graves

Main Address

C/O DORIS GRAVES 29 HIGHLAND AVE, RANDOLPH, VT, 05060

NTEE Category

Code: Y40 - Mutual benefit

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