Overview
What is Vinfen Corporation?
Vinfen Corporation, a human service leader based in Cambridge, Massachusetts, transforms lives by building the capacity of individuals, families, organizations, and communities. With a workforce of over 3,000 employees, they offer a range of services to promote recovery, resilience, habilitation, and self-determination for people dealing with serious and persistent psychiatric disabilities, substance abuse, addiction, and HIV/AIDS. Their offerings include assertive community treatment, employment services, residential supports, clubhouse day services, and homeless outreach services. Vinfen's mission is to be the provider, employer, and partner of choice in this field, enabling their clients to learn, thrive, and achieve their goals.
Official website here: www.vinfen.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
Vinfen Corporation has received an 88% score from Charity Navigator, indicating a strong performance in the area of Accountability & Finance. This rating is primarily based on the organization's adherence to financial transparency and governance standards, highlighting its commitment to responsible management of resources. Notably, the organization features an independent board composed of 83% independent members, which contributes positively to its governance.
The financial metrics support the nonprofit's effective use of funds, with a program expense ratio of 88.28%, meaning the vast majority of its expenditures are directed toward its programs. Additionally, the organization has successfully maintained a clean record in terms of asset diversion and has comprehensive policies in place regarding conflict of interest, whistleblowing, and document retention. These factors reinforce Vinfen’s credibility and operational integrity.
However, the organization has a liabilities to assets ratio of 60.74%, which may indicate some level of financial obligation that could be a point of concern for potential donors. While this ratio is not alarming, it is essential for stakeholders to consider this aspect in relation to the overall financial health of the organization. Overall, Vinfen Corporation demonstrates strong accountability and financial practices, making it a trustworthy option for donors looking to support their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Vinfen Corporation legitimate?
Vinfen Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vinfen Corporation 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: $1,657,101
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,815,838
For more financial information, click here
Official website here: www.vinfen.org
What is the mission statement of Vinfen Corporation?
Vinfen Corporation, as a leading human service provider, aims to transform lives by building the capacity of individuals, families, and organizations. Their mission is to create learning environments, foster resilience, and enable self-determination for the people they serve. Through their comprehensive range of services, Vinfen promotes recovery and habilitation, empowering individuals to thrive and achieve their goals. As a preferred choice for providers, employers, and partners in this field, Vinfen continues to strive for excellence and make a positive impact on the lives of those they serve.
Official website here: www.vinfen.org
Who is the CEO of Vinfen Corporation?
Jean Yang is the Director, President & Ceo of Vinfen Corporation. The CEO's salary of Vinfen Corporation is $368,518 and their total compensation is $414,493.
Official website here: www.vinfen.org
What is the revenue of Vinfen Corporation?
Vinfen Corporation's revenue in 2022 was $204,579,844.
Official website here: www.vinfen.org
Who are the executives of Vinfen Corporation and what are their salaries?
The average compensation at Vinfen Corporation during 2022 was $38,598. There are 3173 employees and 100 volunteers at Vinfen Corporation.
Here are 17 key members and their salaries (Vinfen Corporation's CEO's salary is $368,518 and their total compensation is $414,493):
- Compensation: $368,518
- Related: $0
- Other: $45,975
- 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: $246,222
- Related: $0
- Other: $43,325
- Compensation: $227,717
- Related: $0
- Other: $51,827
- Compensation: $202,592
- Related: $0
- Other: $14,042
- Compensation: $213,544
- Related: $0
- Other: $39,817
- Compensation: $200,958
- Related: $0
- Other: $39,778
- Compensation: $270,857
- Related: $0
- Other: $30,325
- Compensation: $223,583
- Related: $0
- Other: $20,454
- Compensation: $207,576
- Related: $0
- Other: $30,360
- Compensation: $206,848
- Related: $0
- Other: $16,185
- Compensation: $208,299
- Related: $0
- Other: $6,424
Official website here: www.vinfen.org
Where can I find the form 990 for Vinfen Corporation?
Vinfen Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vinfen.org
Learn more at the official website: www.vinfen.org
Mission Statement of Vinfen Corporation
Vinfen Corporation, or Vinfen, is a human service leader dedicated to transforming lives by building the capacity of individuals, families, and organizations. Through their services, they promote the recovery, resilience, habilitation, and self-determination of the people they serve. In simple terms, Vinfen aims to empower individuals and communities to learn, thrive, and achieve their goals. They strive to be the provider, employer, and partner of choice in this mission. By offering a range of services, Vinfen helps people regain their strength and independence, enabling them to live fulfilling lives.
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Impact
October, 2024
Vinfen Corporation significantly impacts the lives of individuals, families, and communities by enhancing their capacity to learn, thrive, and realize their goals. The organization specializes in providing comprehensive services aimed at fostering recovery, resilience, habilitation, and self-determination among those it serves.
Focusing on individuals with serious and persistent psychiatric disabilities, substance abuse issues, and HIV/AIDS, Vinfen's Psychiatric Rehabilitation Division offers a range of essential services. These include Assertive Community Treatment, employment services, residential supports, clubhouse day services, and homeless outreach services. By addressing multifaceted needs, Vinfen not only supports individual recovery journeys but also promotes community integration and social inclusion.
In its role as a human service leader, Vinfen strives to be the provider, employer, and partner of choice, strengthening both individual lives and the wider community. The organization's holistic approach underscores a commitment to empowering those it serves, helping them develop the skills and support necessary to achieve meaningful, fulfilling lives.
This information is meant to be a general summary of Vinfen Corporation. 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: $96,906
- Program Service Revenue: $200,136,592
- Gross Receipts: $204,630,769
Assets and Liabilities:
- Total Assets: $146,241,335
- Total Liabilities: $82,536,327
- Net Assets: $63,705,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$191,296,679
CLIENT FEES
Revenue
$7,456,313
RENTAL SUBSIDIES
Revenue
$1,383,600
Organization Details
Founding Year
1977
Phone
(617) 441-1800Principal Officer
Jean Yang
Main Address
950 CAMBRIDGE STREET, CAMBRIDGE, MA, 021411001
Website
www.vinfen.orgNTEE Category
Code: P800 - Human services
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