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Southeastern Mass Veterans Housing Program Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111190035 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Southeastern Mass Veterans Housing Program Inc?

Southeastern Mass Veterans Housing Program Inc is a nonprofit organization located at 1297 Purchase Street, New Bedford, Massachusetts 02740. Their primary mission is to offer shelter and social services to homeless and needy veterans, providing them with the necessary support to rehabilitate and reintegrate into the community. Their range of services includes teaching independent living skills, rehabilitation, and aiding in community integration. The organization's goal is to help these veterans transition into permanent housing, providing them with hope and a supportive environment. With a team of 29 dedicated individuals, Southeastern Mass Veterans Housing Program Inc is committed to making a positive impact on the lives of our nation's veterans in need.


Official website here: www.vetshouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Southeastern Mass Veterans Housing Program Inc has received an impressive Four-Star rating from Charity Navigator, reflecting strong performance in Accountability & Finance. The organization has maintained a high level of transparency and ethical governance, with an independent board comprised entirely of eight members and effective financial oversight mechanisms in place.

Strengths of the organization include its robust financial practices, evidenced by a low liabilities to assets ratio of 14.83% and a substantial program expense ratio of 78.23%. This indicates that a significant portion of its revenue is directed toward its programs, ensuring that resources are utilized effectively for the benefit of its veteran community.

No significant limitations were noted in the data; the organization appears to uphold exemplary standards in governance and financial management. Overall, this rating underscores the Southeastern Mass Veterans Housing Program's commitment to accountability and its vital role in supporting veterans in the region.


This AI summary has been generated from information found on Charity Navigator.

Is Southeastern Mass Veterans Housing Program Inc legitimate?

Southeastern Mass Veterans Housing Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Mass Veterans Housing Program 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: $207,126
Professional Fundraising Fees: $53,319
Other Salaries and Wages: $851,246

For more financial information, click here


Official website here: www.vetshouse.org

What is the mission statement of Southeastern Mass Veterans Housing Program Inc?

The Southeastern Mass Veterans Housing Program Inc's mission is centered around offering hope to homeless veterans. They provide a safe, sober, and supportive residence for these individuals. The organization's goal is to assist veterans who aspire to rehabilitate, become self-sufficient, and integrate back into the community. The ultimate aim is to transition these veterans into permanent housing. The Transition House, an initiative by the program, reaches out to communities in southeastern Massachusetts, offering support and assistance to homeless veterans in need. The services provided include, but are not limited to, independent living skills training, rehabilitation, and reintegration into the community.


Official website here: www.vetshouse.org

Who is the CEO of Southeastern Mass Veterans Housing Program Inc?

James A Reid is the Director of Southeastern Mass Veterans Housing Program Inc.


Official website here: www.vetshouse.org

What is the revenue of Southeastern Mass Veterans Housing Program Inc?

Southeastern Mass Veterans Housing Program Inc's revenue in 2022 was $1,969,574.


Official website here: www.vetshouse.org

Who are the executives of Southeastern Mass Veterans Housing Program Inc and what are their salaries?

The average compensation at Southeastern Mass Veterans Housing Program Inc during 2022 was $36,496. There are 29 employees and 6 volunteers at Southeastern Mass Veterans Housing Program Inc.


Here are 8 key members and their salaries:


Devin Robitalle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Baptiste (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Remedis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Carvalho (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemarie Lopes (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Reid (Executive Director)
  • Compensation: $101,503
  • Related: $0
  • Other: $0
Jason Stripinis (Business Manager & Cfo)
  • Compensation: $95,714
  • Related: $0
  • Other: $10,335


Official website here: www.vetshouse.org

Where can I find the form 990 for Southeastern Mass Veterans Housing Program Inc?

Southeastern Mass Veterans Housing Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vetshouse.org

Learn more at the official website: www.vetshouse.org

Mission Statement of Southeastern Mass Veterans Housing Program Inc

Southeastern Mass Veterans Housing Program Inc is dedicated to offering hope and support to homeless veterans, aiming to help them transition from a challenging situation into a stable and self-sufficient life. The organization's primary mission is to provide a secure, sober, and supportive living environment for these veterans, serving as a stepping stone towards rehabilitation and reintegration into the community. The program's ultimate goal is to facilitate the transition of these individuals into permanent housing.

To achieve this mission, Southeastern Mass Veterans Housing Program Inc provides various services, tailored to meet the unique needs of each veteran. These services may include independent living skills training, rehabilitation programs, and assistance in integrating back into society. This comprehensive approach aims to empower homeless veterans, enabling them to regain their independence and self-sufficiency. By offering these services, the program aims to provide a supportive environment that fosters healing and growth, ultimately leading to a successful transition into permanent housing.

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Impact




July, 2024

The Southeastern Mass Veterans Housing Program Inc provides critical shelter and social services to homeless and needy veterans in Southeastern Massachusetts. Through its Transition House program, the organization supports homeless veterans by offering vital services such as independent living skills development, rehabilitation, and community re-integration. By providing a safe, sober, and supportive residence, the organization offers hope to veterans in need and works towards helping them achieve rehabilitation, self-sufficiency, and successful integration back into the community. Ultimately, the organization's goal is to assist veterans in transitioning into permanent housing, thus making a tangible impact on the lives of those who have served our country.




This information is meant to be a general summary of Southeastern Mass Veterans Housing Program 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.

Revenue
$1,969,574 (2022)
Expenses
$1,892,062 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,415
  • Program Service Revenue: $156,369
  • Gross Receipts: $1,969,574

Assets and Liabilities:

  • Total Assets: $3,342,731
  • Total Liabilities: $425,808
  • Net Assets: $2,916,923

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$130,654

CASE MANAGEMENT FEES

Revenue

$25,715

Organization Details

Founding Year

1990

Principal Officer

James A Reid

Main Address

1297 PURCHASE STREET, NEW BEDFORD, MA, 02740

NTEE Category

Code: W30 - Public benefit

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