Overview
What is Views At Clarendon Corporation?
Views At Clarendon Corporation is a nonprofit organization situated in Arlington, Virginia, specifically at 1210 N HIGHLAND ST B, ZIP 22201. Their primary mission is to provide affordable housing for families and individuals with incomes below 60% of the area median income. To accomplish this, they own and manage a mixed-income project, comprising 116 housing units. Beyond just housing, they also offer supportive programs to enhance the lives of their residents and the surrounding community. This nonprofit organization operates on a nonprofit basis, ensuring its commitment to the betterment of low-income families and individuals in Arlington County, Virginia.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Views At Clarendon Corporation has earned an 80% score, resulting in a Three-Star rating, primarily based on its strong performance in accountability and finance. This rating reflects the organization's commitment to transparency and responsible financial practices, which are crucial indicators of trustworthiness for potential donors and stakeholders.
The nonprofit boasts a fully independent board, with all 10 members meeting the criteria for independence. Its adherence to best practices is further demonstrated by its lack of material diversion of assets and a comprehensive conflict of interest policy. The organization has also proven its commitment to financial health, as evidenced by a low liabilities-to-assets ratio of 0.93% and a program expense ratio of 100%, indicating that all funds are directed toward its mission-related activities.
While the rating is commendable, it is important for the organization to continue to engage with its community and demonstrate impact through measurable outcomes. Maintaining this level of accountability and financial integrity will be essential for sustaining donor confidence and support moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Views At Clarendon Corporation legitimate?
Views At Clarendon Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Views At Clarendon Corporation 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:
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What is the mission statement of Views At Clarendon Corporation?
The mission of Views At Clarendon Corporation, in its simplified essence, is to provide affordable housing for low and moderate-income families and individuals, operating on a non-profit basis. This corporation seeks to own, develop, administer, and manage these housing units, while also offering supportive programs for the residents and surrounding community. The corporation's efforts are not limited to its property residents but extend to the broader community as well, aiming to enhance their quality of life. The Views At Clarendon Corporation currently manages a mixed-income project with 116 housing units that are available at or below 60% of the area median income.
Who is the CEO of Views At Clarendon Corporation?
Robert Ryland is the President of Views At Clarendon Corporation.
What is the revenue of Views At Clarendon Corporation?
Views At Clarendon Corporation's revenue in 2022 was $36,199.
Who are the executives of Views At Clarendon Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Views At Clarendon Corporation?
Views At Clarendon Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Views At Clarendon Corporation
Views At Clarendon Corporation, a nonprofit organization, is dedicated to owning, developing, administering, and operating housing units for low and moderate-income families and individuals. The primary mission of this corporation is to provide affordable housing and supportive programs for its residents and the surrounding community, operating on a nonprofit basis.
Views At Clarendon Corporation's initiative involves the ownership and operation of a mixed-income project, offering 116 housing units at or below 60% of the area median income. By doing so, the corporation aims to contribute to the housing needs of those who fall within this income bracket, providing them with a secure and affordable living space. Furthermore, the corporation offers supportive programs to its residents, intending to enhance their overall well-being and promote a sense of community within the housing project.
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Impact
August, 2024
Views At Clarendon Corporation has made a significant impact by providing affordable housing for low and moderate-income families and individuals in Arlington County, Virginia. The organization owns and operates a mixed-income project that offers 116 housing units at or below 60 percent of the area median income. In addition to providing housing, Views At Clarendon Corporation also offers supportive programs for residents of its properties and the surrounding community. Through its mission of developing and administering housing for those in need, Views At Clarendon Corporation plays a vital role in addressing the affordable housing crisis in Arlington County and improving the lives of its residents.
This information is meant to be a general summary of Views At Clarendon Corporation. 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: $2,748
- Program Service Revenue: $33,599
- Gross Receipts: $36,199
Assets and Liabilities:
- Total Assets: $1,019,533
- Total Liabilities: $9,519
- Net Assets: $1,010,014
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$33,599
Organization Details
Founding Year
2005
Phone
(703) 587-4098Principal Officer
Robert Ryland
Main Address
1210 N HIGHLAND ST B, ARLINGTON, VA, 22201
NTEE Category
Code: L20 - Housing
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