Overview
What is Dock Village Inc?
Dock Village Inc, located at 275 Dock Drive, Lansdale, PA 19446, is a nonprofit organization dedicated to providing affordable housing solutions. It operates as a rental-assistance apartment complex, catering to families or individuals whose income falls within the HUD subsidy requirements. The complex consists of ten one-bedroom apartments, eighty two-bedroom apartments, and ten three-bedroom townhouses, with five specially designed units for individuals with physical disabilities. In the fiscal year ending June 30, 2022, the complex maintained an impressive 96% occupancy rate, serving a total of 274 residents. The organization's mission aligns with the Mennonite tradition of offering care and service to others, aiming to empower older adults and families to live fulfilling lives.
Official website here: www.livingbranches.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
Dock Village Inc has received a strong rating of 90% from Charity Navigator, highlighting its commitment to accountability and financial health. This score is based entirely on its Accountability & Finance metrics, which reflect the organization's transparency and effective use of resources. Holding a Four-Star rating signifies that Dock Village Inc operates at a high standard and is dedicated to maintaining the trust of its donors.
The organization demonstrates strengths in several areas, including having an entirely independent board, effective financial oversight, and a commendable program expense ratio of 64.84%. This indicates that a significant proportion of its expenses are directed toward its programs, which is a positive sign for stakeholders concerned about the impact of their contributions. Furthermore, the presence of policies related to conflict of interest, whistleblowing, and document retention reinforces its commitment to ethical governance.
Despite its impressive scores, there are areas for improvement, particularly in the program expense ratio where it received a lower score compared to other metrics. This suggests that while a substantial portion of funds is used for programs, there may be opportunities to enhance efficiency or expand programmatic initiatives further. Overall, Dock Village Inc's rating reflects a solid financial foundation and a commitment to accountability, which are crucial for sustained donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Dock Village Inc legitimate?
Dock Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dock 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: $202,055
For more financial information, click here
Official website here: www.livingbranches.org
What is the mission statement of Dock Village Inc?
Dock Village Inc's mission is centered around empowering older adults and families, guided by the Mennonite tradition of care and service to others. Their primary goal is to help these individuals lead fulfilling lives with purpose and joy. The organization provides low-income housing and services to qualified families and individuals, catering to various households, including one-bedroom, two-bedroom apartments, and three-bedroom townhouses. Five of their apartments are specifically designed to accommodate individuals with physical disabilities. During the fiscal year ending June 30, 2022, Dock Village Inc achieved an average unit occupancy of 96% and served a total of 274 residents.
Official website here: www.livingbranches.org
Who is the CEO of Dock Village Inc?
Edward D Brubaker is the President & Ceo of Dock Village Inc. The CEO's salary of Dock Village Inc is $0 and their total compensation is $361,870.
Official website here: www.livingbranches.org
What is the revenue of Dock Village Inc?
Dock Village Inc's revenue in 2022 was $1,531,450.
Official website here: www.livingbranches.org
Who are the executives of Dock Village Inc and what are their salaries?
The average compensation at Dock Village Inc during 2022 was $40,411. There are 5 employees and 12 volunteers at Dock Village Inc.
Here are 15 key members and their salaries (Dock Village Inc's CEO's salary is $0 and their total compensation is $361,870):
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- Related: $315,592
- Other: $46,278
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- Related: $209,641
- Other: $30,798
- Compensation: $0
- Related: $104,278
- Other: $21,530
Official website here: www.livingbranches.org
Where can I find the form 990 for Dock Village Inc?
Dock Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livingbranches.org
Learn more at the official website: www.livingbranches.org
Mission Statement of Dock Village Inc
Dock Village Inc, a nonprofit organization, is dedicated to empowering older adults and families, guided by the Mennonite tradition of care and service to others. Its mission is to provide low-income housing and services to qualified families and individuals, aiming to help them lead lives of purpose and joy. Dock Village Inc operates as a rental-assistance apartment complex, offering a variety of accommodations, including one-bedroom, two-bedroom apartments, and three-bedroom townhouses. The complex caters to families or individuals of any age whose income level meets HUD subsidy requirements. Five of the apartments are designed to accommodate persons with physical disabilities, demonstrating the organization's commitment to inclusivity. In the fiscal year ending June 30, 2022, Dock Village Inc achieved an average unit occupancy of 96% and served a total of 274 residents, reflecting its success in providing affordable housing solutions.
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Impact
October, 2024
Dock Village Inc has a significant impact on the community by providing affordable housing and essential services to low-income families and individuals in Lansdale, PA. With a rental-assistance apartment complex that includes a diverse range of living options—ten one-bedroom apartments, eighty two-bedroom apartments, and ten three-bedroom townhouses—it effectively addresses the varied needs of its residents. The inclusion of five apartments designed for individuals with physical disabilities highlights Dock Village's commitment to accessibility and inclusivity.
During the fiscal year ending in June 2022, Dock Village Inc successfully maintained an impressive occupancy rate of 96%, serving a total of 274 residents. This high level of occupancy speaks to the vital role Dock Village plays in the local housing landscape, providing stability and security for those who need it most. By empowering families and older adults to lead fulfilling lives, Dock Village Inc embodies its mission of fostering purpose and joy in the lives of its residents, guided by a tradition of care and service. This institution not only alleviates housing insecurity but also nurtures community ties, enhancing the overall quality of life for its residents and the surrounding area.
This information is meant to be a general summary of Dock 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 2022.
- Investment Income: $14
- Program Service Revenue: $1,323,480
- Gross Receipts: $1,531,450
Assets and Liabilities:
- Total Assets: $1,545,715
- Total Liabilities: $109,896
- Net Assets: $1,435,819
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$1,323,480
Organization Details
Founding Year
1979
Phone
(215) 368-4438Principal Officer
Edward D Brubaker
Main Address
275 DOCK DRIVE, LANSDALE, PA, 19446
Website
www.livingbranches.orgNTEE Category
Code: L21Z - Housing
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