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Wcv Colony Development Inc

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

EIN: 311593984 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Wcv Colony Development Inc?

Wcv Colony Development Inc, located at 165 Highbluffs Blvd, Columbus, OH 43235, is a dedicated nonprofit organization. Their primary mission is to develop nursing and residential care facilities specifically catering to the elderly. This endeavor aims to provide suitable living environments and essential care services for this demographic. The organization's focus on elderly care underscores its commitment to enhancing the quality of life for this population segment.


Official website here: www.wvc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57%, One-Star out of Four Stars

Wcv Colony Development Inc has received a low rating of 57%, indicating some significant areas of concern regarding its financial management and accountability. The charity has a perfect score for having a majority of independent board members and for various governance policies, which suggests a strong commitment to ethical oversight. However, the overall financial performance raises red flags, particularly with a program expense ratio of 0.00%, which implies that no funds are being allocated to its intended programs.

Additionally, the organization has a liabilities to assets ratio of 1.14%, indicating potential financial instability. While the charity maintains transparency in its governance practices, the absence of its tax form on its website is noted as a significant deficiency, detracting from its accountability score. These factors contribute to its one-star rating, reflecting the need for substantial improvement in financial operations and program execution.

In summary, while Wcv Colony Development Inc demonstrates strong principles in governance, it faces critical challenges in financial health and program implementation. Stakeholders may want to consider these aspects carefully when evaluating the charity's overall effectiveness and sustainability.


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

Is Wcv Colony Development Inc legitimate?

Wcv Colony Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wcv Colony Development 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.wvc.org

What is the mission statement of Wcv Colony Development Inc?

Wcv Colony Development Inc's mission is centered around developing nursing and residential care facilities specifically designed for the elderly. Their objective is to create comfortable living spaces that cater to the needs of the elderly population. This mission is reflected in their activities, which primarily involve the development of such facilities. By providing these facilities, Wcv Colony Development Inc aims to contribute positively to the elderly community, enhancing their quality of life.


Official website here: www.wvc.org

Who is the CEO of Wcv Colony Development Inc?

Patrick Mauger is the Ceo / Exec Dir of Wcv Colony Development Inc. The CEO's salary of Wcv Colony Development Inc is $0 and their total compensation is $103,321.


Official website here: www.wvc.org

What is the revenue of Wcv Colony Development Inc?

Wcv Colony Development Inc's revenue in 2022 was $2,919.


Official website here: www.wvc.org

Who are the executives of Wcv Colony Development Inc and what are their salaries?

There 10 volunteers at Wcv Colony Development Inc.


Here are 12 key members and their salaries (Wcv Colony Development Inc's CEO's salary is $0 and their total compensation is $103,321):


Patrick Mauger (Ceo / Exec Dir)
  • Compensation: $0
  • Related: $100,603
  • Other: $2,718
Ginger Brady (Secretary)
  • Compensation: $0
  • Related: $35,884
  • Other: $446
Bob Spengler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Spears (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Borton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Harty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Davenport (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Guy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Stumpf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Breen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Sherrod (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wvc.org

Where can I find the form 990 for Wcv Colony Development Inc?

Wcv Colony Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wvc.org

Learn more at the official website: www.wvc.org

Mission Statement of Wcv Colony Development Inc

Wcv Colony Development Inc, as its mission statement suggests, is dedicated to the development of nursing and residential care facilities specifically catering to the elderly population. This nonprofit organization aims to address the unique needs and requirements of the elderly, providing them with suitable living spaces that ensure their comfort and well-being. By developing such facilities, Wcv Colony Development Inc contributes significantly to the elderly community, ensuring they have access to the necessary care and support they require to live a fulfilling and comfortable life. The organization's mission is a testament to its commitment to improving the quality of life for the elderly, making it a valuable resource for this vulnerable population.

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Impact




August, 2024

Wcv Colony Development Inc's impact lies in the development of nursing and residential care facilities for the elderly in Columbus, Ohio. By focusing on providing specialized care for this demographic, Wcv Colony Development Inc contributes significantly to improving the quality of life for elderly individuals in need of such services. Their mission to develop these facilities underscores their commitment to addressing the housing and healthcare needs of the elderly population, ultimately making a positive difference in their lives.




This information is meant to be a general summary of Wcv Colony Development 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
$2,919 (2022)
Expenses
$1,651 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,919
  • Gross Receipts: $2,919

Assets and Liabilities:

  • Total Assets: $551,448
  • Total Liabilities: $6,375
  • Net Assets: $545,073

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Organization Details

Founding Year

1994

Principal Officer

Patrick Mauger

Main Address

165 Highbluffs Blvd, Columbus, OH, 432351484

NTEE Category

Code: L20 - Housing

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