Overview
What is Bristol Village Inc?
Bristol Village Inc is a nonprofit organization situated in Clarence Center, New York. Its primary focus is on providing a comfortable and enriched living environment for its residents, as indicated by its mission statement. The organization operates a housing program with 80 enriched units, licensed for 100, and 36 memory care units, licensed for 42. It is subject to the supervision of the New York State Department of Social Services. Financed under Section 32 of the National Housing Act, Bristol Village Inc is regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of operational matters. The nonprofit is staffed by 174 dedicated employees, committed to serving the needs of its residents.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Bristol Village Inc has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance with a score of 79%. The rating is grounded in a comprehensive assessment of various financial practices and governance structures, showcasing the organization’s commitment to transparency and effective management.
The organization excels in several areas, notably having a fully independent board and maintaining robust financial oversight with an excellent program expense ratio of 95.52%. Additionally, it has successfully implemented necessary governance policies, including conflict of interest and whistleblower protections, which bolsters its credibility and operational integrity.
However, the rating also indicates some limitations, particularly in the liabilities to assets ratio, where it received no points. This suggests potential areas for improvement in financial health that could impact long-term sustainability. Overall, Bristol Village Inc demonstrates solid performance in accountability and finance, though continued attention to its financial ratios will be essential for future growth and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Bristol Village Inc legitimate?
Bristol Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bristol Village 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: $300,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,033,751
For more financial information, click here
What is the mission statement of Bristol Village Inc?
Bristol Village Inc's mission is centered around dedicating all its resources towards providing exceptional service and comfort to its residents. This not-for-profit organization operates an enriched housing program, focusing on catering to the needs of its residents. The organization ensures its operations adhere to the guidelines set by the New York State Department of Social Services, and it houses 80 enriched housing units and 36 memory care units, with licenses for 100 and 42 units respectively. Financed under Section 32 of the National Housing Act, Bristol Village Inc is also regulated by the U.S. Department of Housing and Urban Development (HUD) for its operational matters.
Who is the CEO of Bristol Village Inc?
Michael Helbringer is the Board Member/Vice Chairperson of Bristol Village Inc. The CEO's salary of Bristol Village Inc is $214,497 and their total compensation is $268,481.
What is the revenue of Bristol Village Inc?
Bristol Village Inc's revenue in 2023 was $7,224,682.
Who are the executives of Bristol Village Inc and what are their salaries?
The average compensation at Bristol Village Inc during 2023 was $19,160. There are 174 employees and 35 volunteers at Bristol Village Inc.
Here are 18 key members and their salaries (Bristol Village Inc's CEO's salary is $214,497 and their total compensation is $268,481):
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- Compensation: $214,497
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- Compensation: $85,530
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- Other: $15,310
Where can I find the form 990 for Bristol Village Inc?
Bristol Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bristol Village Inc
Bristol Village Inc, a not-for-profit organization, is dedicated to prioritizing the services and comfort of its residents. Their mission is to channel all their resources towards ensuring a satisfactory living experience for the inhabitants of their enriched housing program. This commitment extends to both the 80 enriched housing units and the 36 memory care units they manage, with a licensed capacity of 100 and 42 units respectively. This mission is regulated under Section 32 of the National Housing Act, with the operations being overseen by the U.S. Department of Housing and Urban Development (HUD).
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Impact
July, 2024
Bristol Village Inc has a significant impact on the community by providing essential services and comfort to its residents. This nonprofit organization operates an enriched housing program in Clarence Center, New York, offering a supportive environment for seniors in need. With 80 enriched housing units and 36 memory care units, Bristol Village Inc plays a crucial role in meeting the housing needs of the elderly in the area. By focusing all resources on the service and comfort of the residents, Bristol Village Inc contributes to enhancing the quality of life for older adults and ensuring they receive the care and support they deserve.
This information is meant to be a general summary of Bristol Village 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$9,464
- Program Service Revenue: $6,912,481
- Gross Receipts: $7,239,156
Assets and Liabilities:
- Total Assets: $15,688,348
- Total Liabilities: $15,457,318
- Net Assets: $231,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$6,912,481
Organization Details
Founding Year
2001
Phone
(716) 319-9500Principal Officer
Michael Helbringer
Main Address
8455 CLARENCE CENTER ROAD, CLARENCE CENTER, NY, 14032
NTEE Category
Code: L22 - Housing
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