Overview
What is Winslow Village Inc?
Winslow Village Inc is a dedicated nonprofit organization situated in Marshfield, Massachusetts. Their primary focus is to provide affordable housing solutions for elderly individuals with limited financial resources. By carrying out this mission, they aim to ensure that senior citizens in the community have access to suitable housing options that cater to their needs. The organization's activities revolve around this core objective, making it an essential resource for elderly individuals in the Marshfield area.
Official website here: www.winslowvillage.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
Winslow Village Inc has achieved a commendable score of 86%, reflecting strong performance in accountability and finance. The rating is primarily based on a comprehensive evaluation of its financial practices, indicating that the organization effectively manages its resources and maintains transparency. The majority of its board is independent, and it has no material diversion of assets, which further reinforces its credibility.
A notable strength is the high program expense ratio of 91.11%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. The charity has also established robust policies for conflict of interest and document retention, demonstrating a commitment to ethical governance practices. However, the absence of a whistleblower policy may be viewed as a gap in its oversight mechanisms.
While Winslow Village Inc's financial management is praiseworthy, the liabilities to assets ratio of 58.42% indicates a moderate level of financial risk. Although this figure does not detract from the overall positive evaluation, it is something potential supporters may wish to consider when assessing the organization's financial health. Overall, the charity's strong accountability measures and high program spending position it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Winslow Village Inc legitimate?
Winslow Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winslow 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: $140,039
For more financial information, click here
Official website here: www.winslowvillage.com
What is the mission statement of Winslow Village Inc?
Winslow Village Inc, as an organization, is committed to providing affordable housing solutions for elderly individuals who have limited resources. Their mission is centered around ensuring that elderly people have access to affordable housing options, thereby contributing to their well-being and overall quality of life. By offering affordable housing, Winslow Village Inc is making a significant impact in providing a secure living environment for the elderly population.
Official website here: www.winslowvillage.com
Who is the CEO of Winslow Village Inc?
Nancy Berberick is the Director of Winslow Village Inc.
Official website here: www.winslowvillage.com
What is the revenue of Winslow Village Inc?
Winslow Village Inc's revenue in 2022 was $795,061.
Official website here: www.winslowvillage.com
Who are the executives of Winslow Village Inc and what are their salaries?
The average compensation at Winslow Village Inc during 2022 was $35,010. There are 4 employees at Winslow Village Inc.
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Official website here: www.winslowvillage.com
Where can I find the form 990 for Winslow Village Inc?
Winslow Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.winslowvillage.com
Learn more at the official website: www.winslowvillage.com
Mission Statement of Winslow Village Inc
Winslow Village Inc, a nonprofit organization, is committed to providing affordable housing solutions for elderly individuals who are resource-limited. Their mission, in essence, is to ensure that the elderly population has access to reasonably priced housing options. By offering affordable housing, Winslow Village Inc aims to alleviate the financial burden faced by elderly individuals and contribute to their overall well-being.
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Impact
October, 2024
Winslow Village Inc significantly impacts the community by providing affordable housing options for elderly individuals with limited resources in Marshfield, MA. By ensuring that seniors have access to safe and comfortable living environments, Winslow Village fosters independence and enhances the quality of life for its residents. This initiative addresses a critical need in the community, promoting stability and security for elderly individuals who might otherwise struggle to find suitable housing. The organization's commitment to affordable living is vital for supporting the well-being of Marshfield's senior population, enabling them to thrive in a supportive environment.
This information is meant to be a general summary of Winslow 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: $336
- Program Service Revenue: $794,725
- Gross Receipts: $795,061
Assets and Liabilities:
- Total Assets: $2,220,007
- Total Liabilities: $1,296,989
- Net Assets: $923,018
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$794,725
Organization Details
Founding Year
1967
Phone
(781) 837-5998Principal Officer
Nancy Berberick
Main Address
1520 OCEAN STREET, MARSHFIELD, MA, 02050
Website
www.winslowvillage.comNTEE Category
Code: L21Z - Housing
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