Overview
What is Voa Duncan Village Inc?
Voa Duncan Village Inc is a nonprofit organization situated at 1660 Duke Street, Alexandria, Virginia 22314. Their primary mission is centered around owning, developing, and managing housing for individuals and families with low and moderate income levels. This commitment extends beyond just owning and developing, as they also oversee the management of these residential properties. By doing so, they aim to contribute positively to their community by providing affordable housing options, thereby promoting socioeconomic stability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Voa Duncan Village Inc has received a low rating of 54%, indicating potential concerns regarding its accountability and financial health. The rating is derived solely from its Accountability & Finance metrics, which reflect the organization’s adherence to best practices in governance and transparency. Notably, the charity scores well on aspects such as having a majority of independent board members and having established policies on conflicts of interest and whistleblower protections.
However, the organization has significant weaknesses that impact its overall score. The most concerning factors include a very low program expense ratio of 0.00%, suggesting that the charity may not be effectively utilizing its funds for its intended programs and services. Additionally, the liabilities to assets ratio is very high at 0.74%, which could indicate financial instability or a high debt burden that may affect the charity's operational sustainability.
Overall, while Voa Duncan Village Inc demonstrates strong governance practices, the lack of program funding and high liabilities raise important questions about its performance and financial viability. Potential donors and supporters should consider these factors when evaluating their contributions to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Voa Duncan Village Inc legitimate?
Voa Duncan Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voa Duncan Village 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
What is the mission statement of Voa Duncan Village Inc?
Voa Duncan Village Inc's mission is centered around providing housing solutions. Specifically, the organization aims to own, develop, and manage housing units for individuals and families who fall under the categories of low and moderate income. This mission is carried out with the goal of ensuring that these individuals and families have access to adequate and suitable living spaces. The organization's activities primarily revolve around this housing-focused mission.
Who is the CEO of Voa Duncan Village Inc?
Peter Desjardins is the Asst Sec/Tre of Voa Duncan Village Inc.
What is the revenue of Voa Duncan Village Inc?
Voa Duncan Village Inc's revenue in 2023 was $40,231.
Who are the executives of Voa Duncan Village Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $319,790
- Other: $98,843
- Compensation: $0
- Related: $314,949
- Other: $65,001
- Compensation: $0
- Related: $239,275
- Other: $38,298
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Voa Duncan Village Inc?
Voa Duncan Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Voa Duncan Village Inc
Voa Duncan Village Inc, as a nonprofit organization, is dedicated to a mission that involves owning, developing, and managing housing for individuals and families who fall under the categories of low and moderate income. In other words, this organization plays a significant role in providing affordable housing solutions for those who might struggle financially to secure a suitable place to live. By owning and managing property, Voa Duncan Village Inc ensures that these individuals and families have access to decent and affordable housing, thereby contributing positively to their overall well-being and quality of life.
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Impact
August, 2024
Voa Duncan Village Inc positively impacts the community by providing affordable housing options for low and moderate income individuals and families in Alexandria, VA. Through their ownership, development, and management of housing units, they contribute to addressing housing needs and improving the quality of life for those facing financial challenges in the area. This organization plays a vital role in creating a more inclusive and sustainable community by ensuring that individuals and families have access to safe and affordable housing options.
This information is meant to be a general summary of Voa Duncan Village 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: $40,231
- Gross Receipts: $40,231
Assets and Liabilities:
- Total Assets: $1,704,943
- Total Liabilities: $12,733
- Net Assets: $1,692,210
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Organization Details
Founding Year
2005
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: S80 - Community improvement
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