Overview
What is Society Of St Vincent De Paul?
The Society of St. Vincent de Paul is a nonprofit organization with a mission inspired by Christian values, based in Stoughton, Massachusetts. Their primary operation involves managing several thrift shops in the Greater Boston area, where donated clothing and household items are processed and sold at affordable prices. This endeavor not only provides necessary goods to the needy but also generates employment opportunities for local residents. The organization's work is characterized by a strong commitment to maintaining the confidentiality and dignity of those it serves. Additionally, it advocates for the rights of the vulnerable and voiceless, extending assistance to over 12 million individuals annually in the United States. The Society of St. Vincent de Paul is a lay Catholic organization, following in the footsteps of its founder, Blessed Frederic Ozanam, and patron, St. Vincent de Paul.
Official website here: www.svdpboston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Society of St Vincent De Paul has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, it showcases a commitment to transparency and effective management of resources. The rating is based solely on the Accountability & Finance beacon, signifying that the organization is dedicated to maintaining high standards in these areas.
One of the organization's notable strengths is its fully independent board, consisting of 16 members, which enhances its governance and decision-making processes. Furthermore, the charity has established robust policies such as conflict of interest, whistleblower, and document retention policies, all of which are in place to ensure ethical practices. Its financial management is evident through an impressive program expense ratio of 82.90%, indicating that a significant portion of its resources is directed towards programs rather than overhead costs.
While the organization does not appear to have any major financial issues, as indicated by a low liabilities to assets ratio of 23.60%, ongoing monitoring of its financial practices will be essential to maintain its stellar rating. Overall, the Society of St Vincent De Paul demonstrates a solid commitment to accountability and effective service delivery, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of St Vincent De Paul legitimate?
Society Of St Vincent De Paul is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of St Vincent De Paul 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: $216,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,251,479
For more financial information, click here
Official website here: www.svdpboston.org
What is the mission statement of Society Of St Vincent De Paul?
The Society of St. Vincent de Paul, inspired by religious values, encourages individuals to come together and serve those in need and suffering, following the tradition of its founder, Blessed Frederic Ozanam, and patron Saint Vincent de Paul. This Catholic lay organization's mission is to provide tangible assistance to those in need on a personal level. This aid can take various forms, including intervention, consultation, or direct financial or material service, all while maintaining the confidentiality and dignity of those being served. The Society acknowledges the need to advocate for the voiceless or defenseless, helping over 12 million people annually in the United States. In addition to operating thrift shops that sell donated clothing and household goods at nominal prices, the organization employs local residents to manage the stores and provides funding for its other programs.
Official website here: www.svdpboston.org
Who is the CEO of Society Of St Vincent De Paul?
Robert W Smith is the President/Director of Society Of St Vincent De Paul. The CEO's salary of Society Of St Vincent De Paul is $166,842 and their total compensation is $206,175.
Official website here: www.svdpboston.org
What is the revenue of Society Of St Vincent De Paul?
Society Of St Vincent De Paul's revenue in 2022 was $5,990,877.
Official website here: www.svdpboston.org
Who are the executives of Society Of St Vincent De Paul and what are their salaries?
The average compensation at Society Of St Vincent De Paul during 2022 was $25,446. There are 97 employees and 4045 volunteers at Society Of St Vincent De Paul.
Here are 18 key members and their salaries (Society Of St Vincent De Paul's CEO's salary is $166,842 and their total compensation is $206,175):
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- Compensation: $166,842
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- Other: $39,333
- Compensation: $120,296
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- Other: $27,995
Official website here: www.svdpboston.org
Where can I find the form 990 for Society Of St Vincent De Paul?
Society Of St Vincent De Paul's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svdpboston.org
Learn more at the official website: www.svdpboston.org
Mission Statement of Society Of St Vincent De Paul
The Society of St. Vincent de Paul, inspired by gospel values, leads individuals, predominantly women and men, to come together and grow spiritually. This is achieved through offering person-to-person service to those in need and suffering, emulating the tradition of its founder, Blessed Frederic Ozanam, and patron, St. Vincent de Paul. The Society's mission is rooted in providing tangible assistance to those in need, maintaining their confidentiality and dignity, and advocating for the voiceless or defenseless.
This lay Catholic organization, known as the Society of St. Vincent de Paul, strives to make a tangible impact on the lives of over 12 million individuals annually in the United States. Their approach is unique, as they engage in personalized intervention, consultation, and direct service, ensuring that those they serve are treated with compassion and respect. The Society's work is guided by the belief that it has a responsibility to advocate for those who are unable to do so themselves, upholding the dignity and self-worth of those in need.
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Impact
July, 2024
The Society of St. Vincent de Paul has a significant impact on the community by offering tangible assistance to those in need on a person-to-person basis. They provide intervention, consultation, and direct services to help individuals in need while maintaining their confidentiality and dignity. The organization also serves the poor and needy by offering clothing and household goods at nominal prices in their thrift shops, employing local individuals to operate the stores, and funding other essential programs. Annually, around 12 million individuals receive help from Vincentians in the United States. Their mission, inspired by Gospel values, focuses on spiritual growth through person-to-person service to those who are suffering and in need. This impactful work makes a difference in the lives of many individuals and families who are facing challenges and hardships.
This information is meant to be a general summary of Society Of St Vincent De Paul. 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 2022.
- Investment Income: $186,163
- Program Service Revenue: $4,844,292
- Gross Receipts: $7,420,871
Assets and Liabilities:
- Total Assets: $14,459,247
- Total Liabilities: $2,801,355
- Net Assets: $11,657,892
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES - DONATED GARMENTS
Revenue
$4,764,903
MISCELLANEOUS
Revenue
$79,389
Organization Details
Founding Year
1869
Phone
(781) 344-3100Principal Officer
Robert W Smith
Main Address
18 CANTON STREET, STOUGHTON, MA, 02072
Website
www.svdpboston.orgNTEE Category
Code: P03 - Human services
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