Overview
What is Galilee Village Plus Inc?
Galilee Village Plus Inc, located in Brick, New Jersey, is a nonprofit organization that specializes in providing housing facilities for the elderly. Situated at 1608 Route 88 Suite 200, this organization receives financial assistance from the Department of Housing and Urban Development for its 50 housing units. Its primary mission is to offer housing facilities along with supervised care for the elderly, ensuring their well-being and comfort. The organization, with a team of 4 dedicated individuals, strives to contribute positively to the lives of senior citizens in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Galilee Village Plus Inc has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score indicates a solid level of accountability and financial health, as it is based entirely on the Accountability & Finance beacon. The organization has demonstrated strong governance through its majority independent board, which consists of 88% independent members, and it effectively documents board meeting minutes.
The financial metrics for Galilee Village Plus Inc further support its positive standing. With a program expense ratio of 69.29%, a low liabilities to assets ratio of 4.53%, and no material diversion of assets reported, the organization showcases responsible financial management. However, while the charity's strengths are evident, the single focus on accountability and finance means that other aspects such as program impact and community feedback are not reflected in this rating.
This AI summary has been generated from information found on Charity Navigator.
Is Galilee Village Plus Inc legitimate?
Galilee Village Plus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galilee Village Plus 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: $185,016
For more financial information, click here
What is the mission statement of Galilee Village Plus Inc?
Galilee Village Plus Inc is committed to providing housing facilities and supervised care for the elderly. Their mission is centered around ensuring the elderly have a suitable living environment, accompanied by necessary care. The organization receives financial assistance from the Department of Housing and Urban Development to facilitate this mission. With 50 housing units at their disposal, Galilee Village Plus Inc is dedicated to offering elderly individuals a comfortable and supervised living space.
Who is the CEO of Galilee Village Plus Inc?
Yitzchok Rokowsky is the President, Treasurer of Galilee Village Plus Inc.
What is the revenue of Galilee Village Plus Inc?
Galilee Village Plus Inc's revenue in 2022 was $560,287.
Who are the executives of Galilee Village Plus Inc and what are their salaries?
The average compensation at Galilee Village Plus Inc during 2022 was $46,254. There are 4 employees and 9 volunteers at Galilee Village Plus Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Galilee Village Plus Inc?
Galilee Village Plus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Galilee Village Plus Inc
Galilee Village Plus Inc, a nonprofit organization, is committed to providing housing facilities and supervised care for the elderly. Their mission is to offer a home and supportive environment for the elderly, ensuring their well-being and comfort. The organization receives financial aid in the form of rental assistance payments from the Department of Housing and Urban Development, enabling them to maintain and manage their facilities effectively. Galilee Village Plus Inc currently manages 50 housing units, providing a living space for a significant number of elderly individuals. The organization's mission is centered around ensuring the elderly have a safe, secure, and well-maintained living environment, thereby enhancing their quality of life.
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Impact
July, 2024
Galilee Village Plus Inc provides vital housing facilities and supervised care for the elderly in Brick, NJ. With 50 housing units available, the organization plays a crucial role in supporting this vulnerable population. Through its mission to provide housing and care for the elderly, Galilee Village Plus Inc positively impacts the lives of its residents by ensuring they have a safe and supportive environment to call home.
This information is meant to be a general summary of Galilee Village Plus 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: $204
- Program Service Revenue: $560,083
- Gross Receipts: $560,287
Assets and Liabilities:
- Total Assets: $2,830,216
- Total Liabilities: $94,073
- Net Assets: $2,736,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$494,852
SUPPORTIVE SERVICES &
Revenue
$57,229
OTHER INCOME
Revenue
$8,002
Organization Details
Founding Year
1990
Phone
(732) 903-1955Principal Officer
Yitzchok Rokowsky
Main Address
1608 ROUTE 88 SUITE 200, BRICK, NJ, 08724
NTEE Category
Code: L22 - Housing
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