Overview
What is Our Lady Of Victory Renaissance Corp?
Our Lady Of Victory Renaissance Corp is a nonprofit organization situated in Buffalo, New York, specifically at 144 Genesee Street. As part of the Catholic Health System (CHS) in Western New York, their mission is to deliver quality healthcare services in a long-term care setting. They maintain a commitment to enhancing the health of individuals and communities through their work. The organization operates 74 units of low/moderate income senior apartments, financed by Low Income Housing Tax Credits, an 84-bed skilled nursing facility, and a Program of All-Inclusive Care for the Elderly (PACE). Their services are guided by values of reverence, compassion, justice, and excellence. The community service plan for 2022 can be accessed at the CHS Buffalo website.
Official website here: www.chsbuffalo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Our Lady Of Victory Renaissance Corp has received a Two-Star rating from Charity Navigator, indicating a fair performance in accountability and finance. The charity has a solid program expense ratio of 98.31%, demonstrating effective allocation of its resources toward its mission. However, the organization lacks majority independent board members and an adequate independent board size, which could impact governance and oversight.
Strengths include a well-maintained audit and oversight committee, alongside comprehensive policies for conflict of interest and whistleblower protections. The charity also demonstrates a commitment to transparency by listing its website on tax forms, although it has not posted its tax form on its website as required, which may limit public access to important financial information.
Despite its strengths, the organization faces limitations, particularly regarding its liabilities to assets ratio of 62.75%, which indicates a potential concern about financial stability. Addressing governance issues and ensuring compliance with transparency requirements could enhance its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Our Lady Of Victory Renaissance Corp legitimate?
Our Lady Of Victory Renaissance Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Victory Renaissance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,304
For more financial information, click here
Official website here: www.chsbuffalo.org
What is the mission statement of Our Lady Of Victory Renaissance Corp?
Our Lady of Victory Renaissance Corp, being a part of the Catholic Health System in Western New York, is dedicated to providing top-notch healthcare services in a long-term care setting. Committed to a shared mission, the staff at Our Lady of Victory upholds the healing ministry of Jesus, striving to enhance the health of individuals and communities. They offer high-quality services characterized by reverence, compassion, justice, and excellence. The organization's 2022 Community Service Plan can be found on their website for further details.
Official website here: www.chsbuffalo.org
Who is the CEO of Our Lady Of Victory Renaissance Corp?
Mark Sullivan is the President & Ceo of Our Lady Of Victory Renaissance Corp. The CEO's salary of Our Lady Of Victory Renaissance Corp is $0 and their total compensation is $276,023.
Official website here: www.chsbuffalo.org
What is the revenue of Our Lady Of Victory Renaissance Corp?
Our Lady Of Victory Renaissance Corp's revenue in 2022 was $4,446,971.
Official website here: www.chsbuffalo.org
Who are the executives of Our Lady Of Victory Renaissance Corp and what are their salaries?
Here are 15 key members and their salaries (Our Lady Of Victory Renaissance Corp's CEO's salary is $0 and their total compensation is $276,023):
- Compensation: $0
- Related: $1,314,161
- Other: $25,888
- Compensation: $0
- Related: $256,724
- Other: $19,299
- Compensation: $0
- Related: $202,688
- Other: $42,307
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $561,183
- Other: $52,362
- Compensation: $0
- Related: $624,031
- Other: $15,718
- Compensation: $0
- Related: $481,207
- Other: $46,473
- Compensation: $0
- Related: $623,902
- Other: $30,245
- Compensation: $0
- Related: $653,255
- Other: $48,421
- Compensation: $0
- Related: $265,426
- Other: $53,262
- Compensation: $0
- Related: $725,997
- Other: $40,539
- Compensation: $0
- Related: $242,893
- Other: $19,523
- Compensation: $0
- Related: $328,158
- Other: $19,941
- Compensation: $0
- Related: $337,403
- Other: -$281,620
- Compensation: $0
- Related: $540,613
- Other: $10,178
Official website here: www.chsbuffalo.org
Where can I find the form 990 for Our Lady Of Victory Renaissance Corp?
Our Lady Of Victory Renaissance Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chsbuffalo.org
Learn more at the official website: www.chsbuffalo.org
Mission Statement of Our Lady Of Victory Renaissance Corp
Our Lady of Victory Renaissance Corp, as part of the Catholic Health System in Western New York, is dedicated to delivering top-notch healthcare services in a long-term care setting. Committed to a shared mission, the healthcare providers at Our Lady of Victory continue the healing ministry of Jesus, striving to enhance the health of individuals and communities. They offer high-quality services characterized by reverence, compassion, justice, and excellence. The organization's mission can be found in their 2022 Community Service Plan, available on their website.
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Impact
October, 2024
Our Lady Of Victory Renaissance Corp plays a pivotal role in enhancing healthcare accessibility and quality in Western New York. By providing a long-term care setting that includes a skilled nursing facility and supportive housing for low to moderate-income seniors, it addresses the critical needs of vulnerable populations in Buffalo.
The organization is deeply committed to its mission of improving the health of individuals and communities, embodying values of reverence, compassion, justice, and excellence in all services. Its comprehensive care programs, such as the Program of All-Inclusive Care for the Elderly (PACE), ensure that seniors receive not only medical support but also holistic assistance tailored to their diverse needs. This focus on quality care and community well-being significantly contributes to the overall health landscape of the region.
Furthermore, the integration of community service initiatives reinforces its commitment to social responsibility, ensuring that healthcare services are accessible and equitable. Through these efforts, Our Lady Of Victory Renaissance Corp fosters a healthier, more inclusive environment for individuals and families in the community.
This information is meant to be a general summary of Our Lady Of Victory Renaissance 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.
- Program Service Revenue: $4,380,880
- Gross Receipts: $4,446,971
Assets and Liabilities:
- Total Assets: $13,223,512
- Total Liabilities: $8,298,037
- Net Assets: $4,925,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$4,380,880
Organization Details
Founding Year
2003
Phone
(716) 828-2974Principal Officer
Mark Sullivan
Main Address
144 GENESEE STREET, BUFFALO, NY, 14203
Website
www.chsbuffalo.orgNTEE Category
Code: E91 - Health
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