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Vantage Court Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261986027 ✦ Homestead, PA ✦ Designated as a 501(c)(3)

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Overview

What is Vantage Court Inc?

Vantage Court Inc is a nonprofit organization located in Homestead, Pennsylvania, specifically at 314 East Eighth Avenue, ZIP code 15120. Their primary mission is to provide safe and affordable housing for low-income elderly individuals, operating an 8-unit apartment project. This initiative aims to enhance the living conditions and security of this underserved population, ensuring they have a suitable place to reside.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Stars)

Vantage Court Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its financial accountability and transparency. The overall score reflects a single beacon score focused on Accountability & Finance, highlighting specific strengths and weaknesses within the organization. While the charity boasts a fully independent board and a strong program expense ratio of 86.11%, these positives are overshadowed by several notable deficiencies.

The organization does not have a conflict of interest policy, whistleblower policy, or document retention and destruction policy in place, all of which are critical for maintaining transparency and accountability. Additionally, the charity's website is missing from its tax forms, and it has a concerning liabilities to assets ratio of 185.73%, indicating potential financial instability. These factors contribute significantly to its low overall score.

In summary, while Vantage Court Inc demonstrates some strengths in governance through an independent board structure, its lack of essential policies and a troubling financial ratio raise red flags for potential donors and stakeholders. The organization would benefit from addressing these deficiencies to improve its standing and trustworthiness within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Vantage Court Inc legitimate?

Vantage Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vantage Court 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: $0

For more financial information, click here

What is the mission statement of Vantage Court Inc?

Vantage Court Inc is committed to providing safe and affordable housing solutions for low-income elderly individuals. Their mission is to make a significant impact in this demographic's living circumstances. Through their dedicated efforts, they strive to enhance the quality of life for these individuals by offering housing and related services. Currently, they are working on an 8-unit apartment project, further demonstrating their commitment to this cause.

Who is the CEO of Vantage Court Inc?

Carolyn Hall is the Board President of Vantage Court Inc.

What is the revenue of Vantage Court Inc?

Vantage Court Inc's revenue in 2022 was $71,207.

Who are the executives of Vantage Court Inc and what are their salaries?

There 7 volunteers at Vantage Court Inc.


Here are 8 key members and their salaries:


Marygrace Reder (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Brochetti (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Doddato (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Hall (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ranjana Mandar Joshi (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Kassab (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cornelis Mcneil (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Jurofcik (Agent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Vantage Court Inc?

Vantage Court Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Vantage Court Inc

Vantage Court Inc, a nonprofit organization, is committed to providing safe and affordable housing solutions for low-income elderly individuals. Their mission is centered around ensuring that this vulnerable population has access to suitable living spaces. By operating an 8-unit apartment project, Vantage Court Inc offers more than just housing; it provides a sense of security and community for its residents. The organization's services extend beyond housing, offering related assistance to cater to the specific needs of the elderly.

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Impact




August, 2024

Vantage Court Inc's impact is evident in its provision of safe and affordable housing to low-income elderly individuals. By offering housing and related services through their 8-unit apartment project in Homestead, PA, Vantage Court Inc directly contributes to meeting the critical need for affordable and secure housing for elderly individuals in the community. Their mission to provide safe and affordable housing plays a crucial role in improving the quality of life for low-income elderly residents, ensuring they have a comfortable and supportive living environment.




This information is meant to be a general summary of Vantage Court 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.

Revenue
$71,207 (2022)
Expenses
$123,587 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6
  • Program Service Revenue: $24,356
  • Gross Receipts: $71,207

Assets and Liabilities:

  • Total Assets: $658,696
  • Total Liabilities: $1,170,197
  • Net Assets: -$511,501

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$24,356

Organization Details

Founding Year

2007

Principal Officer

Carolyn Hall

Main Address

314 EAST EIGHTH AVENUE, HOMESTEAD, PA, 15120

NTEE Category

Code: P20 - Human services

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