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Voisins Of Newburgh Inc

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

EIN: 141510347 ✦ Newburgh, NY ✦ Designated as a 501(c)(3)

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Overview

What is Voisins Of Newburgh Inc?

Voisins of Newburgh Inc is a nonprofit organization committed to assisting low and moderate-income families by offering affordable housing solutions. Their mission primarily revolves around housing rehabilitation, aiming to make a positive impact on the community by providing essential housing programs. The organization operates within the realm of housing, focusing on the needs of families with limited financial means.

What are the reviews and ratings of this charity?

Charity Navigator Rating 79% - Three-Star out of Four Star Rating

Voisins Of Newburgh Inc has achieved a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The rating is based entirely on their financial practices, with a perfect score in several key areas, including having a completely independent board and no material diversion of assets. Their fiscal responsibility is evident, demonstrated by a program expense ratio of 86.12%, indicating that a significant portion of their expenditures directly supports their mission.

The organization exhibits a commitment to transparency and governance, as highlighted by their implementation of essential policies such as conflict of interest and whistleblower policies. Additionally, their effective management is supported by documented board meeting minutes, showcasing their dedication to maintaining thorough records and accountability throughout their operations.

While the financial score is robust, the overall rating suggests room for improvement in other areas that could contribute to a more holistic evaluation of the nonprofit. Nonetheless, Voisins Of Newburgh Inc’s financial management practices position them as a reliable choice for potential donors and supporters.


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

Is Voisins Of Newburgh Inc legitimate?

Voisins Of Newburgh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voisins Of Newburgh 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: $134,560

For more financial information, click here

What is the mission statement of Voisins Of Newburgh Inc?

Voisins of Newburgh Inc, as a housing organization, is dedicated to assisting low and moderate income families. Their primary mission revolves around providing affordable housing solutions. Operating as a housing rehabilitation organization, Voisins of Newburgh works tirelessly to improve living conditions for those in need. Their programs aim to make housing more accessible and affordable, thereby contributing positively to the community.

Who is the CEO of Voisins Of Newburgh Inc?

Tremaine Selby is the Member of Voisins Of Newburgh Inc.

What is the revenue of Voisins Of Newburgh Inc?

Voisins Of Newburgh Inc's revenue in 2022 was $861,476.

Who are the executives of Voisins Of Newburgh Inc and what are their salaries?

The average compensation at Voisins Of Newburgh Inc during 2022 was $67,280. There are 2 employees at Voisins Of Newburgh Inc.


Here are 5 key members and their salaries:


Harry Alvarado (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Blake (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Freedman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tremaine Selby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Vandermark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Voisins Of Newburgh Inc?

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

Mission Statement of Voisins Of Newburgh Inc

Voisins of Newburgh Inc, as a nonprofit organization, is dedicated to assisting low and moderate income families. Their primary mission revolves around providing affordable housing and operating as a housing rehabilitation entity. In essence, Voisins of Newburgh aims to improve the living conditions of families who fall within the lower income bracket, contributing to a more equitable living environment. Their initiatives focus on rehabilitating existing housing units, ensuring that these homes meet the necessary standards of safety and comfort for their inhabitants. The organization's work is instrumental in making affordable housing a reality for many families, thereby contributing to their overall well-being and stability.

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Impact




October, 2024

Voisins Of Newburgh Inc significantly impacts the community by providing essential housing programs aimed at low and moderate-income families. By focusing on affordable housing, the organization addresses critical needs for shelter and stability, helping families find safe and secure living conditions. Their work as a housing rehabilitation organization enhances existing properties, improving living environments and community standards.

In Newburgh, NY, Voisins Of Newburgh Inc not only focuses on individual families but contributes to the overall revitalization of the community. By strengthening housing availability and affordability, they help alleviate the challenges of housing insecurity, promote community engagement, and foster a sense of belonging among residents. Their mission leads to long-term benefits for families, creating a positive ripple effect that enhances economic stability and quality of life in Newburgh.




This information is meant to be a general summary of Voisins Of Newburgh 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
$861,476 (2022)
Expenses
$901,519 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $157
  • Program Service Revenue: $861,319
  • Gross Receipts: $861,476

Assets and Liabilities:

  • Total Assets: $1,460,821
  • Total Liabilities: $696,910
  • Net Assets: $763,911

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Programs

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

RENTAL INCOME

Revenue

$861,319

Organization Details

Principal Officer

Tremaine Selby

Main Address

51 LEROY PLACE, NEWBURGH, NY, 12550

NTEE Category

Code: L20 - Housing

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