Overview
What is Bay Minette Voa Housing Inc?
Bay Minette Voa Housing Inc is a nonprofit organization situated in Mobile, Alabama, specifically at 1204 Hillcrest Road, 36695. Their primary mission involves the development and operation of housing facilities, with a focus on Section 811 projects. This particular project caters to 15 units, specifically designed for individuals with developmental disabilities, ensuring they have accessible and supportive living spaces. The organization is regulated by the U.S. Department of Housing and Urban Development (HUD), ensuring compliance with relevant standards and guidelines.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Bay Minette Voa Housing Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored a perfect 100% in key financial metrics, indicating that it allocates all its expenses towards its programs, which is a significant strength in demonstrating its commitment to its mission.
The nonprofit boasts an independent board composed of 87% independent members, ensuring a level of governance that is free from conflicts of interest. Additionally, it has robust policies in place for conflict of interest, whistleblower protection, and document retention, all contributing to its high accountability score. The organization also demonstrates excellent financial health with a low liabilities-to-assets ratio of 6.90%.
While the organization shows strong financial practices and accountability, there are no noted limitations or areas of concern provided in the data. Overall, Bay Minette Voa Housing Inc exemplifies good governance and effective use of funds, making it a trustworthy entity for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Minette Voa Housing Inc legitimate?
Bay Minette Voa Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Minette Voa Housing 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: $22,913
For more financial information, click here
What is the mission statement of Bay Minette Voa Housing Inc?
Bay Minette Voa Housing Inc is dedicated to providing housing for individuals with developmental disabilities. They operate a 15-unit apartment complex under Section 811, which is regulated by HUD. The organization's primary focus is to offer a living space that caters to the needs of this specific group, ensuring they have access to suitable housing solutions. The project, consisting of 15 HUD units, is designed to support and accommodate individuals with developmental disabilities.
Who is the CEO of Bay Minette Voa Housing Inc?
Robert Rogers is the Chair of Bay Minette Voa Housing Inc. The CEO's salary of Bay Minette Voa Housing Inc is $0 and their total compensation is $335,768.
What is the revenue of Bay Minette Voa Housing Inc?
Bay Minette Voa Housing Inc's revenue in 2023 was $103,499.
Who are the executives of Bay Minette Voa Housing Inc and what are their salaries?
There 7 volunteers at Bay Minette Voa Housing Inc.
Here are 8 key members and their salaries (Bay Minette Voa Housing Inc's CEO's salary is $0 and their total compensation is $335,768):
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $289,600
- Other: $46,168
Where can I find the form 990 for Bay Minette Voa Housing Inc?
Bay Minette Voa Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bay Minette Voa Housing Inc
Bay Minette VoA Housing Inc is dedicated to providing housing solutions for individuals with developmental disabilities. This mission is carried out through the operation of a 15-unit apartment complex, which is regulated by HUD under Section 811. This housing project is specifically designed to cater to the needs of individuals with developmental disabilities, offering them a secure and supportive living environment. The organization's mission is aligned with the goal of providing accessible and inclusive housing options, ensuring that individuals with developmental disabilities have the opportunity to live independently and with dignity.
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Impact
October, 2024
Bay Minette Voa Housing Inc significantly enhances the quality of life for individuals with developmental disabilities by providing accessible housing options. The organization operates a 15-unit apartment complex under the Section 811 program, ensuring that residents have a safe and supportive living environment. This initiative addresses a critical need for affordable housing tailored to individuals with special needs, fostering independence and community integration.
By creating such living spaces in Mobile, Alabama, Bay Minette Voa Housing Inc contributes to the overall well-being of its residents, enabling them to thrive in a nurturing atmosphere. The facility is regulated by HUD, which guarantees standards for safety and accessibility, further ensuring that the residents receive the necessary support. This proactive approach not only improves individual lives but also promotes community improvement and awareness around the challenges faced by those with developmental disabilities.
This information is meant to be a general summary of Bay Minette Voa Housing 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: $1,987
- Program Service Revenue: $97,050
- Gross Receipts: $103,499
Assets and Liabilities:
- Total Assets: $1,431,581
- Total Liabilities: $98,835
- Net Assets: $1,332,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SECTION 8 HOUSING RENT
Revenue
$58,793
TENANT RENT
Revenue
$38,257
Organization Details
Founding Year
2009
Phone
(251) 300-3500Principal Officer
Robert Rogers
Main Address
1204 HILLCREST ROAD, MOBILE, AL, 36695
NTEE Category
Code: S80 - Community improvement
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