Overview
What is Bay Aging Apartments Jcc Inc?
Bay Aging Apartments JCC Inc is a nonprofit organization situated in Urbanna, Virginia. Their primary mission is to offer subsidized housing for low-income senior citizens, ensuring they can maintain healthy, independent living. The organization operates 67 apartments, and in addition to rental assistance, provides various support services. These services encompass housekeeping, transportation, meal services, personal care, medication reminders, and socialization activities to enhance the quality of life for its residents. The organization's mission is rooted in promoting the well-being, security, happiness, and usefulness of elderly individuals through the provision, maintenance, and operation of designated facilities and services on a non-profit basis.
Official website here: www.bayaging.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Bay Aging Apartments Jcc Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The score is derived primarily from a perfect 100% in Accountability & Finance, showcasing the organization’s commitment to transparency and effective governance.
The organization exhibits strong leadership with 94% of its board members being independent, which reflects its dedication to maintaining a neutral and objective decision-making process. Additionally, Bay Aging’s fiscal management is notable, evidenced by a low liabilities-to-assets ratio of just 1.41%, suggesting sound financial practices. The program expense ratio of 70.95% further demonstrates a significant investment in its mission-related activities.
While the ratings highlight several strengths, the data does not indicate any limitations or areas of concern regarding the charity's operations. Their policies on conflicts of interest, document retention, and whistleblower protections are all well-established, contributing to a robust framework of accountability. Overall, Bay Aging Apartments Jcc Inc stands out as a highly trustworthy organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Aging Apartments Jcc Inc legitimate?
Bay Aging Apartments Jcc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Aging Apartments Jcc 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: $44,308
For more financial information, click here
Official website here: www.bayaging.org
What is the mission statement of Bay Aging Apartments Jcc Inc?
Bay Aging Apartments Jcc Inc's mission is centered around providing affordable housing for low-income senior citizens. Their goal is to offer housing facilities and services specifically tailored to meet the physical, social, and psychological needs of the elderly. The organization aims to enhance their residents' health, security, happiness, and overall well-being, allowing them to live comfortably for an extended period. The costs for these facilities and services are determined based on the provision, maintenance, and operation of the housing complex on a non-profit basis.
Official website here: www.bayaging.org
Who is the CEO of Bay Aging Apartments Jcc Inc?
Kathy E Vesley is the President of Bay Aging Apartments Jcc Inc.
Official website here: www.bayaging.org
What is the revenue of Bay Aging Apartments Jcc Inc?
Bay Aging Apartments Jcc Inc's revenue in 2023 was $475,645.
Official website here: www.bayaging.org
Who are the executives of Bay Aging Apartments Jcc Inc and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.bayaging.org
Where can I find the form 990 for Bay Aging Apartments Jcc Inc?
Bay Aging Apartments Jcc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bayaging.org
Learn more at the official website: www.bayaging.org
Mission Statement of Bay Aging Apartments Jcc Inc
Bay Aging Apartments JCC Inc is committed to providing affordable housing for low-income senior citizens. Their mission extends beyond mere shelter, aiming to cater to the physical, social, and psychological needs of these elderly individuals. The organization strives to foster an environment that promotes their health, security, happiness, and overall usefulness in longer living. The cost of these facilities and services is determined based on the non-profit operation and maintenance, ensuring that the charges remain affordable for the intended recipients.
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Impact
July, 2024
Bay Aging Apartments Jcc Inc's impact is profound as it provides essential housing and support services to low-income senior citizens. With 67 HUD-subsidized apartments, the organization ensures that these seniors can maintain healthy and independent lives. By offering services such as housekeeping, transportation, meal assistance, personal care, medication reminders, and socialization opportunities, Bay Aging Apartments Jcc Inc goes beyond just providing housing. It significantly contributes to the well-being and quality of life of the elderly residents, promoting their health, security, happiness, and usefulness in their longer living. This initiative not only addresses a critical need for affordable housing but also fosters a supportive and caring community for seniors in Urbanna, VA.
This information is meant to be a general summary of Bay Aging Apartments Jcc 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 2023.
- Investment Income: $4,002
- Program Service Revenue: $471,643
- Gross Receipts: $475,645
Assets and Liabilities:
- Total Assets: $4,377,394
- Total Liabilities: $61,954
- Net Assets: $4,315,440
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$471,643
Organization Details
Founding Year
2005
Phone
(804) 758-2386Principal Officer
Kathy E Vesley
Main Address
PO BOX 622, URBANNA, VA, 23175
Website
www.bayaging.orgNTEE Category
Code: L20 - Housing
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