Overview
What is The Veterans' Place Inc?
The Veterans' Place Inc, situated in Northfield, Vermont, is a nonprofit organization dedicated to supporting homeless veterans. With a team of seven dedicated individuals, their mission is to offer a helping hand and a route out of homelessness. They accomplish this by providing veterans with housing, essential services, and necessary support, ensuring their safety and well-being. The organization's primary focus is on empowering veterans to rebuild their lives, offering them a chance at a brighter future.
Official website here: www.vermontveteransplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
The Veterans' Place Inc has received a three-star rating from Charity Navigator, reflecting a solid score of 77%. This rating is based solely on their Accountability & Finance metrics, indicating that the organization is performing well in managing its financial resources and maintaining transparency. The high score in this category suggests that donors can feel confident in the organization's financial practices and governance.
Strengths of The Veterans' Place include a fully independent board, with 92% of members meeting this criterion, which demonstrates strong governance. The organization has also maintained a clean record with no material diversion of assets, and it adheres to best practices in conflict of interest policies and document management. Additionally, it allocates a significant portion of its budget—80.11%—toward program expenses, representing a strong commitment to fulfilling its mission.
However, while the organization shows commendable fiscal responsibility, the single focus on Accountability & Finance means that potential donors should look for more comprehensive evaluations that cover additional aspects such as program effectiveness and impact on the community. This limited scope may not provide a full picture of the organization's overall performance and outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is The Veterans' Place Inc legitimate?
The Veterans' Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Veterans' Place 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: $68,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,770
For more financial information, click here
Official website here: www.vermontveteransplace.org
What is the mission statement of The Veterans' Place Inc?
The Veterans' Place Inc's mission is centered around providing support to homeless veterans. Their primary goal is to offer housing, essential services, and a safety net, enabling these veterans to transition out of homelessness. The organization operates on the philosophy of providing a 'hand up' rather than a 'handout', aiming to empower veterans to regain their independence. Their services are designed to address the complex needs of homeless veterans, providing them with the necessary tools and resources to rebuild their lives.
Official website here: www.vermontveteransplace.org
Who is the CEO of The Veterans' Place Inc?
Diana Weggler is the President of The Veterans' Place Inc.
Official website here: www.vermontveteransplace.org
What is the revenue of The Veterans' Place Inc?
The Veterans' Place Inc's revenue in 2022 was $616,556.
Official website here: www.vermontveteransplace.org
Who are the executives of The Veterans' Place Inc and what are their salaries?
The average compensation at The Veterans' Place Inc during 2022 was $31,479. There are 7 employees and 3 volunteers at The Veterans' Place Inc.
Here are 12 key members and their salaries:
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Official website here: www.vermontveteransplace.org
Where can I find the form 990 for The Veterans' Place Inc?
The Veterans' Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vermontveteransplace.org
Learn more at the official website: www.vermontveteransplace.org
Mission Statement of The Veterans' Place Inc
The Veterans' Place Inc is an organization dedicated to providing homeless veterans with a path out of their current situation. Their mission is to offer housing, services, support, and safety to these veterans, providing them with a much-needed hand up. By doing so, The Veterans' Place Inc aims to give these individuals a chance to overcome homelessness and rebuild their lives. Their goal is to offer a comprehensive approach, addressing the various challenges that homeless veterans face and providing them with the resources they need to regain their independence and stability.
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Impact
July, 2024
The Veterans' Place Inc provides homeless veterans in Northfield, VT with housing, services, support, and safety to give them a hand up and a chance out of homelessness. Their impact is crucial in assisting veterans in need, offering them stability and resources to transition out of homelessness and rebuild their lives.
This information is meant to be a general summary of The Veterans' Place 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: $4,524
- Program Service Revenue: $379,955
- Gross Receipts: $616,556
Assets and Liabilities:
- Total Assets: $877,205
- Total Liabilities: $20,161
- Net Assets: $857,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VA SUBSISTENCE INCOME
Revenue
$367,565
PARTICIPANT RENTAL INCOME
Revenue
$12,390
Organization Details
Founding Year
2008
Phone
(802) 485-8874Principal Officer
Diana Weggler
Main Address
220 VINE STREET, NORTHFIELD, VT, 05663
Website
www.vermontveteransplace.orgNTEE Category
Code: W30 - Public benefit
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