Overview
What is Vista On 5th Corp?
Vista On 5th Corp is a nonprofit organization situated in New York, specifically at 1261 FIFTH AVE, New York, NY 10029. Their primary mission is to provide a residence for frail and elderly individuals, regardless of their financial situation, within an assisted living program. The corporation primarily caters to senior citizens, with most of their tenants relying on income sources such as Social Security, SSI, Medicaid, and self-pay residents. Vista On 5th Corp operates with a workforce of 105 individuals, focusing on developing and managing an assisted living residence that offers supportive services to its residents.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90% (Four-Star out of Four Star rating)
Vista On 5th Corp has achieved an impressive 90% score from Charity Navigator, earning it a Four-Star rating. This high rating is solely based on the Accountability & Finance beacon, which highlights the organization's commitment to financial integrity and transparency. The evaluation reflects strong governance practices and responsible management of resources, indicating that the nonprofit operates efficiently and effectively.
The organization has a well-structured board, with 88% independent members, ensuring diverse perspectives and reducing potential conflicts of interest. Additionally, it maintains robust financial oversight, evidenced by a solid audit and the absence of material asset diversions. The presence of established policies, including conflict of interest and whistleblower protections, further underscores its commitment to ethical practices.
One of the standout metrics is the Program Expense Ratio, which sits at an impressive 92.36%, indicating that the vast majority of expenses are directed towards programmatic activities rather than administrative costs. This demonstrates a strong focus on fulfilling its mission and maximizing impact. Overall, Vista On 5th Corp showcases strong performance in governance and financial health, though further information on program outcomes would provide a more comprehensive view of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Vista On 5th Corp legitimate?
Vista On 5th Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vista On 5th Corp 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: $424,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,199,255
For more financial information, click here
What is the mission statement of Vista On 5th Corp?
Vista On 5th Corp is committed to providing a residence for frail and elderly individuals, regardless of their financial circumstances. Their mission is to develop and operate an assisted living facility, offering supportive services to its residents. The corporation rents apartments to senior citizens as part of an assisted living program, with most of the tenants' income derived from social security, SSI, Medicaid, and self-pay residents. The primary focus of Vista On 5th Corp is to ensure that elderly persons have a safe and supportive living environment, irrespective of their financial situation.
Who is the CEO of Vista On 5th Corp?
Nicole Atanasio is the Director of Vista On 5th Corp. The CEO's salary of Vista On 5th Corp is $213,303 and their total compensation is $239,224.
What is the revenue of Vista On 5th Corp?
Vista On 5th Corp's revenue in 2022 was $7,097,022.
Who are the executives of Vista On 5th Corp and what are their salaries?
The average compensation at Vista On 5th Corp during 2022 was $34,512. There are 105 employees and 8 volunteers at Vista On 5th Corp.
Here are 13 key members and their salaries (Vista On 5th Corp's CEO's salary is $213,303 and their total compensation is $239,224):
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- Compensation: $213,303
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- Other: $25,921
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- Compensation: $164,652
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- Other: $20,585
- Compensation: $139,458
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- Other: $7,715
- Compensation: $136,446
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- Other: $880
- Compensation: $127,664
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- Other: $12,170
Where can I find the form 990 for Vista On 5th Corp?
Vista On 5th Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vista On 5th Corp
Vista On 5th Corp, a dedicated organization, is committed to providing a residence for frail and elderly individuals, disregarding their financial circumstances. Its mission is twofold: to develop and operate an assisted living residence for these vulnerable seniors, and to offer supportive services to the residents, ensuring financial inclusivity. The corporation accomplishes this by renting apartments to senior citizens as part of an assisted living program. The majority of the income for these tenants originates from sources such as Social Security, SSI, Medicaid, and self-pay residents. Vista On 5th Corp strives to create a living environment that caters to the needs of its elderly residents, offering them the necessary care and support, regardless of their economic situation.
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Impact
October, 2024
Vista On 5th Corp significantly impacts the community by providing essential housing and supportive services for frail and elderly individuals, irrespective of their financial situations. Located in New York, the organization offers a stable living environment through its assisted living program, which ensures that senior citizens have access to safe and affordable apartments.
By primarily relying on funding sources such as Social Security, Supplemental Security Income (SSI), and Medicaid, Vista On 5th Corp effectively serves vulnerable populations who might otherwise struggle to secure appropriate living arrangements. This commitment to inclusivity not only enhances the quality of life for residents but also fosters a sense of community and support among them. The organization's mission is pivotal in addressing the needs of the elderly, ensuring that those who are frail or facing economic hardships do not have to navigate the challenges of aging alone. Through its services, Vista On 5th Corp plays a crucial role in promoting dignity, independence, and well-being for its residents.
This information is meant to be a general summary of Vista On 5th Corp. 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: -$388,552
- Program Service Revenue: $7,435,225
- Gross Receipts: $12,081,959
Assets and Liabilities:
- Total Assets: $9,453,803
- Total Liabilities: $1,106,409
- Net Assets: $8,347,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$7,435,225
Organization Details
Founding Year
2000
Phone
(212) 534-6464Principal Officer
Nicole Atanasio
Main Address
1261 FIFTH AVE, NEW YORK, NY, 10029
NTEE Category
Code: P75 - Human services
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