Overview
What is Vail Valley Cares?
Vail Valley Cares is a nonprofit organization with an ecumenical Christian mission, situated in Eagle County, Colorado. Established with the goal of sharing God's love and addressing community needs, this organization operates two local thrift stores. The thrift stores serve as a platform to sell donated items to the public, with all proceeds contributing to their charitable efforts. In 2022, Vail Valley Cares distributed a substantial amount of over $445,000 to local non-profit organizations, demonstrating their commitment to community support. The organization's team comprises 47 dedicated individuals.
Official website here: www.vailvalleycares.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Vail Valley Cares has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in key areas such as having a fully independent board, no material diversion of assets, and high program expense ratios, demonstrating a commitment to using resources effectively for its mission.
However, the rating also reflects some limitations, particularly in governance. The organization lacks a whistleblower policy and a document retention and destruction policy, which are important for transparency and accountability. Additionally, the fundraising efficiency ratio indicates that the organization may not be generating revenue effectively, as it reported zero dollars in fundraising efficiency.
Overall, Vail Valley Cares shows strong financial management and a focus on its programs, but there are areas for improvement in governance practices and fundraising strategies that could enhance its overall performance and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Vail Valley Cares legitimate?
Vail Valley Cares is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vail Valley Cares 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: $131,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,149,764
For more financial information, click here
Official website here: www.vailvalleycares.com/
What is the mission statement of Vail Valley Cares?
Vail Valley Cares, as an ecumenical Christian organization, is committed to expressing God's love by addressing the local community's needs. Their mission is realized through the operation of two thrift stores in an undisclosed location, where donated goods are sold to the public. The primary goal is to utilize these sales to provide financial support to various local non-profit organizations, as demonstrated by their distribution of over $445,000 in 2022. Essentially, Vail Valley Cares embodies compassion and generosity, channeling resources to uplift the community and share God's love.
Official website here: www.vailvalleycares.com/
Who is the CEO of Vail Valley Cares?
Greg Osteen is the Executive Director of Vail Valley Cares.
Official website here: www.vailvalleycares.com/
What is the revenue of Vail Valley Cares?
Vail Valley Cares's revenue in 2022 was $5,744,907.
Official website here: www.vailvalleycares.com/
Who are the executives of Vail Valley Cares and what are their salaries?
The average compensation at Vail Valley Cares during 2022 was $27,268. There are 47 employees at Vail Valley Cares.
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Official website here: www.vailvalleycares.com/
Where can I find the form 990 for Vail Valley Cares?
Vail Valley Cares's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vailvalleycares.com/
Learn more at the official website: www.vailvalleycares.com/
Mission Statement of Vail Valley Cares
Vail Valley Cares, an ecumenical Christian organization, is committed to demonstrating the love of God by addressing the local community's needs. They accomplish this mission by operating two thrift stores in their area. These stores serve as platforms where donated goods are made available to the public for purchase, contributing to their community engagement efforts. In 2022, the organization showed its commitment to the community by distributing a substantial sum of $445,000 to various local non-profit organizations. This financial support underscores Vail Valley Cares' dedication to uplifting their community and addressing its needs in a tangible way.
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Impact
October, 2024
Vail Valley Cares significantly impacts the local community by addressing essential needs through its thrift stores in Eagle County, Colorado. The organization channels its resources into supporting various local non-profits, having distributed over $445,000 in 2022 alone. This contribution plays a crucial role in enhancing community services and programs, furthering initiatives that uplift and support local residents. By operating thrift stores where donated goods are resold, Vail Valley Cares not only promotes recycling and sustainability but also provides affordable options for community members. Through their dedicated efforts, they embody a spirit of generosity and care that strengthens the social fabric of the region.
This information is meant to be a general summary of Vail Valley Cares. 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: $447
- Program Service Revenue: $2,948,893
- Gross Receipts: $5,881,651
Assets and Liabilities:
- Total Assets: $4,016,679
- Total Liabilities: $385,899
- Net Assets: $3,630,780
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Thrift store sales
Revenue
$2,830,142
Tax exempt sales
Revenue
$38,251
Mission sales
Revenue
$80,500
Organization Details
Founding Year
2008
Principal Officer
Greg Osteen
Main Address
PO Box 1242, Edwards, CO, 81632
Website
www.vailvalleycares.com/NTEE Category
Code: P29 - Human services
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