Overview
What is Victory Programs Inc?
Victory Programs Inc, located in Boston, Massachusetts, is a nonprofit organization dedicated to providing supportive housing and comprehensive services for individuals and families dealing with homelessness, addiction, and chronic illness. With a staff of over 320 employees, they operate under two divisions: Victory Health and Victory Housing. Their innovative programs cater to vulnerable populations in an urban setting and include residential treatment and supportive housing services, helping over a thousand men, women, and children annually. Through counseling, case management, and community support, Victory Programs opens doors to recovery, hope, and a renewed sense of belonging.
Official website here: www.vpi.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
Victory Programs Inc demonstrates a strong commitment to accountability and finance, achieving an overall score of 87%. This rating is particularly notable as it is based entirely on the Accountability & Finance beacon, highlighting the organization’s effective governance practices. Key strengths include a fully independent board and robust financial oversight, evidenced by their perfect scores in multiple governance categories.
The organization has implemented several important policies, such as a conflict of interest policy and a whistleblower policy, which contribute to its transparent operations. Furthermore, the absence of material asset diversion and the availability of board meeting minutes underscore their dedication to accountability. The program expense ratio is also commendable, indicating that a significant portion of their expenses is directed toward fulfilling their mission.
However, there are some areas for improvement, particularly in the liabilities to assets ratio, which stands at 62.61%. While this is not alarming, it suggests that there may be room for better financial stability. Overall, Victory Programs Inc shows a strong ethical framework and effective financial management practices, positioning it as a reliable nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Victory Programs Inc legitimate?
Victory Programs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Programs 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: $714,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,006,658
For more financial information, click here
Official website here: www.vpi.org
What is the mission statement of Victory Programs Inc?
Victory Programs Inc is dedicated to opening doors to recovery, hope, and community for individuals and families facing homelessness, addiction, or other chronic illnesses. They accomplish their mission through two divisions: Victory Health and Victory Housing. The organization specializes in providing innovative care and services for vulnerable populations in an urban setting. Their programming includes residential treatment and supportive housing services, benefiting over 1,000 men, women, and children annually.
Official website here: www.vpi.org
What is the revenue of Victory Programs Inc?
Victory Programs Inc's revenue in 2024 was $30,622,275.
Official website here: www.vpi.org
Who are the executives of Victory Programs Inc and what are their salaries?
The average compensation at Victory Programs Inc during 2024 was $32,713. There are 450 employees and 514 volunteers at Victory Programs Inc.
Here are 22 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $198,985
- Related: $0
- Other: $15,784
- Compensation: $143,425
- Related: $0
- Other: $11,995
- Compensation: $153,342
- Related: $0
- Other: $13,947
- Compensation: $18,462
- Related: $0
- Other: $0
- Compensation: $3,077
- Related: $0
- Other: $0
- Compensation: $101,491
- Related: $0
- Other: $4,060
- Compensation: $107,202
- Related: $0
- Other: $23,460
- Compensation: $117,467
- Related: $0
- Other: $174
- Compensation: $106,998
- Related: $0
- Other: $19,996
Official website here: www.vpi.org
Where can I find the form 990 for Victory Programs Inc?
Victory Programs Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vpi.org
Learn more at the official website: www.vpi.org
Mission Statement of Victory Programs Inc
Victory Programs Inc, a mission-driven organization, opens the door to recovery, hope, and community for individuals and families grappling with homelessness, addiction, or other chronic illnesses. By spearheading innovative care and services, they cater to vulnerable populations in an urban setting. The organization is divided into two key divisions: Victory Health and Victory Housing.
Through Victory Health, the nonprofit provides residential treatment services, offering a new lease on life for more than a thousand men, women, and children every year. This division is dedicated to helping individuals overcome their challenges and regain control of their lives. Their specialized approach ensures that each person receives the care and support they need to heal and grow.
Victory Housing, the other division of Victory Programs Inc, focuses on supportive housing services. This division plays a crucial role in providing stable living conditions for those in recovery or dealing with chronic illnesses. With housing as a solid foundation, individuals can focus on their healing and personal development. Together, the two divisions work in harmony to bring about lasting change in the lives of the people they serve.
In essence, Victory Programs Inc is a beacon of hope for those facing adversity. By offering comprehensive services and a supportive community, they empower individuals and families to rebuild their lives and overcome the challenges they face. Their commitment to innovation and urban populations sets them apart, making a significant impact on the lives of the most vulnerable members of society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Victory Programs Inc has a significant impact on individuals and families facing homelessness, addiction, and other chronic illnesses in the Boston area. By offering innovative care and services through its two main divisions—Victory Health and Victory Housing—the organization addresses the complex needs of vulnerable populations.
The supportive housing division plays a crucial role by providing counseling and case management in various settings, including family shelters, transitional, and permanent housing programs. This approach not only helps individuals and families regain stability but also fosters recovery and personal growth. Through its programs, Victory Programs Inc serves over 1,000 men, women, and children each year, facilitating their journey towards recovery, hope, and reintegration into the community.
By focusing on both residential treatment and supportive housing services, Victory Programs Inc effectively creates pathways for individuals to rebuild their lives, enhancing their mental health and overall well-being. The organization's commitment to providing a safe environment and essential support helps to break the cycles of homelessness and addiction, ultimately contributing to stronger, healthier communities.
This information is meant to be a general summary of Victory Programs 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 2024.
- Investment Income: $11,693
- Program Service Revenue: $5,461,424
- Gross Receipts: $30,622,275
Assets and Liabilities:
- Total Assets: $13,484,459
- Total Liabilities: $7,978,693
- Net Assets: $5,505,766
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH SERVICES
Revenue
$5,118,186
CLIENT RENTS
Revenue
$340,477
FARM SALES
Revenue
$2,761
Organization Details
Founding Year
1975
Phone
(617) 541-0222Principal Officer
Sarah Porter
Main Address
404 S HUNTINGTON AVE, BOSTON, MA, 02130
Website
www.vpi.orgNTEE Category
Code: F22Z - Mental health
If you are a representative of Victory Programs Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.