Overview
What is Vhvh Inc?
Vhvh Inc is a nonprofit organization located in Winston-Salem, North Carolina, specifically at 2585 W Clemmonsville Rd Suite 102. Their primary mission revolves around offering transitional housing for homeless veterans residing in Forsyth County. By providing affordable housing facilities and necessary services, Vhvh Inc seeks to support these veterans in overcoming their homelessness, thereby contributing positively to their lives and the community at large.
Official website here: www.nchsm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
Vhvh Inc has received an 84% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. This score is derived entirely from its accountability and finance metrics, showcasing the organization's transparency in its operations. The charity has demonstrated excellence in several key areas, including an independent board with 100% members and a high program expense ratio of 97.29%, indicating that a significant majority of funds are used for its programs.
However, the organization does have some limitations in its governance practices, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received no points in the evaluation. While the charity excels in financial reporting and maintaining an audit, these governance aspects could be improved to enhance overall transparency and accountability.
Overall, Vhvh Inc shows a solid financial standing and an independent governance structure, but addressing the noted policy gaps could strengthen its credibility further. The organization is making positive strides in fulfilling its mission while being accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Vhvh Inc legitimate?
Vhvh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vhvh 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
Official website here: www.nchsm.org
What is the mission statement of Vhvh Inc?
Vhvh Inc, as an organization, is committed to providing a mission aimed at assisting homeless veterans. Their primary goal is to offer affordable housing facilities and associated services to these veterans, thereby aiding in their transition into stable living situations. By offering these essential resources, Vhvh Inc aims to contribute significantly to the well-being and reintegration of these veterans into society. The organization's activities are focused on addressing the housing needs of this specific population, thereby playing a critical role in supporting their overall well-being.
Official website here: www.nchsm.org
Who is the CEO of Vhvh Inc?
Tammy Vernon is the Secretary of Vhvh Inc.
Official website here: www.nchsm.org
What is the revenue of Vhvh Inc?
Vhvh Inc's revenue in 2022 was $1,476,606.
Official website here: www.nchsm.org
Who are the executives of Vhvh Inc and what are their salaries?
There 4 volunteers at Vhvh Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nchsm.org
Where can I find the form 990 for Vhvh Inc?
Vhvh Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nchsm.org
Learn more at the official website: www.nchsm.org
Mission Statement of Vhvh Inc
Vhvh Inc, a nonprofit organization, is committed to providing a mission of support for homeless veterans in Forsyth County. Their primary objective is to offer affordable housing facilities and services to these veterans, helping them transition into stable living situations. By providing transitional housing, Vhvh Inc aims to contribute to the well-being and reintegration of veterans into society, ensuring they have a secure place to call home.
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Impact
October, 2024
Vhvh Inc plays a vital role in the community by addressing the critical issue of homelessness among veterans in Forsyth County. By providing transitional housing, the organization ensures that homeless veterans have a safe and supportive environment where they can begin to rebuild their lives.
The impact of Vhvh Inc extends beyond just housing; it encompasses the provision of essential services that help veterans regain stability and autonomy. This support fosters a sense of community and belonging, allowing veterans to connect with one another and access resources that can aid in their transition back to independent living.
In Winston-Salem, Vhvh Inc's efforts contribute to the overall well-being of both veterans and the community as a whole. By tackling homelessness among those who have served the country, Vhvh Inc not only improves individual lives but also strengthens the fabric of society, promoting a culture of care and support for those who have made sacrifices for their nation.
This information is meant to be a general summary of Vhvh 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.
- Program Service Revenue: $391,029
- Gross Receipts: $1,476,606
Assets and Liabilities:
- Total Assets: $1,263,855
- Total Liabilities: $22,536
- Net Assets: $1,241,319
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$386,241
PARTICIPANT SERVICE FE
Revenue
$4,788
Organization Details
Founding Year
2011
Phone
(336) 765-3906Principal Officer
Tammy Vernon
Main Address
2585 W CLEMMONSVILLE RD SUITE 102, WINSTONSALEM, NC, 27127
Website
www.nchsm.orgNTEE Category
Code: L20 - Housing
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