Overview
What is Voans Holding Company?
Voans Holding Company, located in Alexandria, Virginia, is a corporation dedicated to supporting the charitable affordable housing initiatives of Volunteers of America, Inc. and Volunteers of America National Services. Through its efforts, Voans Holding Company contributes to the vital work of these organizations in providing affordable housing opportunities for those in need. The corporation's mission is closely aligned with the charitable goals of Volunteers of America, enabling them to make a significant impact on their communities. Voans Holding Company's commitment to this cause is essential in helping Volunteers of America, Inc. and Volunteers of America National Services continue their mission of enhancing the lives of those they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Voans Holding Company has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. With a high accountability score of 94%, the organization demonstrates effective oversight via an independent board, with 86% of board members being independent, ensuring transparency in decision-making processes.
The organization excels in financial practices, as indicated by a remarkable program expense ratio of 99.52%, signifying that nearly all its expenditures are directed toward its programs. The absence of any material diversion of assets and the presence of comprehensive policies such as conflict of interest and whistleblower provisions further enhance its credibility and operational integrity.
While the overall ratings are impressive, it is essential for potential supporters to consider ongoing performance and impact assessments as part of their due diligence when supporting the organization. Overall, Voans Holding Company appears to be a well-managed nonprofit with a solid framework for accountability and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Voans Holding Company legitimate?
Voans Holding Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voans Holding Company 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 Voans Holding Company?
Voans Holding Company supports the charitable affordable housing initiatives of Volunteers of America, Inc. and Volunteers of America National Services. The corporation is dedicated to making a difference by contributing to these organizations' efforts in this area. Through their support, they aim to provide affordable housing solutions for individuals in need. This alignment with Volunteers of America's mission extends their reach and impact in the community. Together, they work towards improving people's lives by addressing one of their most basic necessities: a safe and affordable place to call home. Voans Holding Company's commitment to this cause is evident in their ongoing partnership and financial assistance.
Who is the CEO of Voans Holding Company?
Peter Desjardins is the President of Voans Holding Company.
What is the revenue of Voans Holding Company?
Voans Holding Company's revenue in 2023 was $23,548,380.
Who are the executives of Voans Holding Company and what are their salaries?
Here are 23 key members and their salaries:
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- Related: $596,644
- Other: $175,327
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- Other: $152,258
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- Related: $319,790
- Other: $98,843
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- Related: $314,949
- Other: $65,001
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- Related: $185,410
- Other: $94,730
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- Related: $240,852
- Other: $38,707
- Compensation: $0
- Related: $239,275
- Other: $38,298
- Compensation: $0
- Related: $161,240
- Other: $16,968
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- Related: $147,670
- Other: $20,890
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Where can I find the form 990 for Voans Holding Company?
Voans Holding Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Voans Holding Company
Voans Holding Company, a corporation with a notable mission, supports the charitable affordable housing initiatives of Volunteers of America, Inc. and Volunteers of America National Services. This organization is dedicated to making a meaningful impact by backing the humanitarian efforts of these two entities.
Voans Holding Company plays a pivotal role in advancing the cause of affordable housing through its partnership with Volunteers of America, Inc. and Volunteers of America National Services. The corporation's commitment to this mission is unwavering, as it seeks to create opportunities for those in need of safe and affordable housing. By providing financial support, Voans Holding Company enables these nonprofit organizations to continue their vital work in the community.
Volunteers of America, Inc. and Volunteers of America National Services are renowned for their dedication to improving lives and uplifting communities. Their charitable efforts extend beyond just housing, as they offer essential services and resources to help individuals and families overcome various challenges. With Voans Holding Company's backing, these organizations are able to expand their reach and make a greater difference in the lives of those they serve. Together, they strive to create brighter futures and build stronger, more resilient communities by addressing the critical issue of affordable housing.
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Impact
August, 2024
Voans Holding Company plays a vital role in supporting the charitable affordable housing activities of Volunteers of America, Inc. and Volunteers of America National Services. By providing crucial financial and organizational support, Voans Holding Company directly impacts communities by contributing to the improvement of affordable housing options for those in need. Its efforts are essential in addressing the housing challenges faced by many individuals and families, ultimately enhancing community well-being and fostering a sense of security and stability. The company's commitment to this cause makes a tangible difference in promoting access to safe and affordable housing for underserved populations.
This information is meant to be a general summary of Voans Holding Company. 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 2023.
- Investment Income: $7,738,570
- Gross Receipts: $23,548,380
Assets and Liabilities:
- Total Assets: $207,875,980
- Total Liabilities: $7,719,426
- Net Assets: $200,156,554
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Organization Details
Founding Year
2008
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: S80 - Community improvement
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