Vasca Inc

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

EIN: 136162821 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Vasca Inc?

Vasca Inc is a nonprofit organization based in New York City, specifically at 251 Central Park West, New York, NY 10024. Their primary mission is to combat isolation among low-income older adults in the city. They achieve this by providing financial assistance, enabling these individuals to participate in adult camping facilities. At these facilities, they can engage in various social, cultural, and educational activities, fostering a sense of community and connection with their peers. The organization's goal is to improve the quality of life and well-being of these older adults, promoting an active and engaged lifestyle.


Official website here: www.vascanyc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Vasca Inc has received a 76% rating from Charity Navigator, reflecting a solid performance primarily based on its Accountability & Finance beacon. The organization excels in several areas such as having a fully independent board of directors and demonstrating no material diversion of assets, both of which contribute positively to its overall score.

Despite these strengths, Vasca Inc has notable gaps in its governance policies. The organization lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact transparency and accountability. These missing elements, while affecting its score, do not overshadow its strong program expenses ratio of 90.76%, indicating effective financial management in delivering its programs.

Overall, while Vasca Inc shows commendable financial practices and board independence, attention to enhancing its governance policies would strengthen its standing and trustworthiness in the nonprofit sector.


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

Is Vasca Inc legitimate?

Vasca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vasca 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: $0

For more financial information, click here


Official website here: www.vascanyc.org

What is the mission statement of Vasca Inc?

Vasca Inc's mission is centered around reducing isolation among low-income older adults residing in various locations. They accomplish this by providing financial assistance, enabling these individuals to participate in adult camping facilities. At these facilities, they engage in social, cultural, and educational activities in the company of their peers. This immersive experience aims to enhance their overall well-being and quality of life.


Official website here: www.vascanyc.org

Who is the CEO of Vasca Inc?

Willa Lewis is the President of Vasca Inc.


Official website here: www.vascanyc.org

What is the revenue of Vasca Inc?

Vasca Inc's revenue in 2022 was $88,312.


Official website here: www.vascanyc.org

Who are the executives of Vasca Inc and what are their salaries?


Here are 4 key members and their salaries:


Willa Lewis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Zehnder (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Wray-Asaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vascanyc.org

Where can I find the form 990 for Vasca Inc?

Vasca Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vascanyc.org

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

Mission Statement of Vasca Inc

Vasca Inc, a nonprofit organization, aims to alleviate the isolation experienced by low-income older adults in New York City. They accomplish this by providing financial assistance, enabling these individuals to participate in adult camping facilities. At these facilities, they engage in various social, cultural, and educational activities, enjoying the company of their peers. This immersive experience not only reduces feelings of isolation but also offers an enriching and stimulating environment for these older adults, contributing to their overall well-being.

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Impact




October, 2024

Vasca Inc significantly impacts the community by addressing the issue of isolation among low-income older adults in New York City. Through financial assistance, the organization enables these individuals to attend adult camping facilities, providing them with opportunities to engage in social, cultural, and educational activities alongside their peers. This not only fosters a sense of community and belonging but also enhances their overall well-being and mental health. By prioritizing social interaction and cultural engagement, Vasca Inc plays a crucial role in enriching the lives of older adults, reducing feelings of loneliness, and promoting a more connected and vibrant community.




This information is meant to be a general summary of Vasca 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
$88,312 (2022)
Expenses
$74,404 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,703
  • Gross Receipts: $88,312

Assets and Liabilities:

  • Total Assets: $471,097
  • Total Liabilities: $2,475
  • Net Assets: $468,622

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Organization Details

Founding Year

1959

Principal Officer

Willa Lewis

Main Address

251 CENTRAL PARK WEST, NEW YORK, NY, 10024

NTEE Category

Code: P81 - Human services

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