Overview
What is Vinfen Corporation Of Connecticut Inc?
Vinfen Corporation of Connecticut Inc is a Massachusetts-based human service organization with a mission to transform lives and build capacity for individuals, families, organizations, and communities. With a workforce of 526 employees, they deliver an assortment of services for individuals with developmental disabilities, encompassing group homes, supported housing, outreach, work skills and employment training, and sheltered workshops. Their commitment to recovery, resilience, habilitation, and self-determination positions them as a leading provider, employer, and partner in the sector.
Official website here: www.vinfen.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating).
Vinfen Corporation of Connecticut Inc demonstrates solid performance in accountability and finance, reflected in its 81% score. The rating is derived primarily from its accountability measures, indicating a strong commitment to transparency and ethical governance. The organization boasts a fully independent board, with 80% of its members being independent, which supports sound decision-making and oversight.
The organization excels in several key areas, including a high program expense ratio of 88.80%, which suggests that a substantial portion of its funding is directed towards its programs rather than administrative costs. Additionally, it has well-established policies in place for conflict of interest, whistleblower protections, and document retention, all of which contribute to its solid governance framework.
While Vinfen’s financial practices are commendable, it is important to note that feedback specifically related to program impact and community engagement is not detailed in the available data. As such, while the organization is strong in financial accountability, potential donors may want to further explore its program effectiveness and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Vinfen Corporation Of Connecticut Inc legitimate?
Vinfen Corporation Of Connecticut Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vinfen Corporation Of Connecticut 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,091,914
For more financial information, click here
Official website here: www.vinfen.org
What is the mission statement of Vinfen Corporation Of Connecticut Inc?
Vinfen Corporation of Connecticut Inc is dedicated to transforming lives by building the capacity of individuals, families, organizations, and communities to learn, thrive, and achieve their goals. Through their comprehensive range of services, they promote the recovery, resilience, habilitation, and self-determination of the people they serve. As a leader in human services, Vinfen strives to be the preferred provider, employer, and partner by delivering high-quality and effective solutions. Their developmental services cater to persons with developmental disabilities, offering a variety of programs such as group homes, supported housing, outreach, work skills and employment training, and sheltered workshops.
Official website here: www.vinfen.org
Who is the CEO of Vinfen Corporation Of Connecticut Inc?
Jean Yang is the Director, President & Ceo of Vinfen Corporation Of Connecticut Inc. The CEO's salary of Vinfen Corporation Of Connecticut Inc is $0 and their total compensation is $414,493.
Official website here: www.vinfen.org
What is the revenue of Vinfen Corporation Of Connecticut Inc?
Vinfen Corporation Of Connecticut Inc's revenue in 2022 was $22,578,358.
Official website here: www.vinfen.org
Who are the executives of Vinfen Corporation Of Connecticut Inc and what are their salaries?
The average compensation at Vinfen Corporation Of Connecticut Inc during 2022 was $26,791. There are 526 employees and 3 volunteers at Vinfen Corporation Of Connecticut Inc.
Here are 7 key members and their salaries (Vinfen Corporation Of Connecticut Inc's CEO's salary is $0 and their total compensation is $414,493):
- Compensation: $0
- Related: $368,518
- Other: $45,975
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $246,222
- Other: $43,325
- Compensation: $0
- Related: $202,592
- Other: $14,042
- Compensation: $129,584
- Related: $0
- Other: $39,274
Official website here: www.vinfen.org
Where can I find the form 990 for Vinfen Corporation Of Connecticut Inc?
Vinfen Corporation Of Connecticut Inc'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 Of Connecticut Inc
Vinfen Corporation of Connecticut Inc, a human service leader, is committed to transforming lives by building the capacity of individuals, families, organizations, and communities to learn, thrive, and achieve their goals. Through their services, they promote the recovery, resilience, habilitation, and self-determination of the people they serve.
In practical terms, this mission translates into delivering an array of services for persons with developmental disabilities. Vinfen operates group homes, supported housing, outreach programs, work skills and employment training, and sheltered workshops. Their approach is centered on empowering their clients to lead fulfilling and independent lives, with a focus on their unique abilities rather than their disabilities.
Vinfen's dedication to being the provider, employer, and partner of choice is reflected in their comprehensive range of services. They strive to create an inclusive environment where individuals can grow and develop, ultimately becoming active members of their communities. By fostering self-determination and resilience, Vinfen Corporation of Connecticut Inc is making a significant difference in the lives of those it serves.
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Impact
August, 2024
Vinfen Corporation Of Connecticut Inc transforms lives by building the capacity of individuals, families, organizations, and communities to learn, thrive, and achieve their goals. Their services promote recovery, resiliency, habilitation, and self-determination for the people they serve. As a human service leader, they aim to be the provider, employer, and partner of choice. Vinfen Corporation Of Connecticut Inc provides a range of developmental services for persons with developmental disabilities, including operating group homes, supported housing, outreach programs, work skills and employment training, and sheltered workshops. Through these initiatives, they have a significant impact on improving the quality of life and opportunities for individuals with developmental disabilities in the community.
This information is meant to be a general summary of Vinfen Corporation Of Connecticut 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 2022.
- Program Service Revenue: $22,549,657
- Gross Receipts: $22,578,358
Assets and Liabilities:
- Total Assets: $11,182,359
- Total Liabilities: $12,499,213
- Net Assets: -$1,316,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$21,597,808
CLIENT FEES
Revenue
$951,849
Organization Details
Founding Year
2000
Phone
(617) 441-1800Principal Officer
Jean Yang
Main Address
950 CAMBRIDGE STREET, CAMBRIDGE, MA, 021411001
Website
www.vinfen.orgNTEE Category
Code: P700 - Human services
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