Overview
What is Westland Community Housing Corporation?
Westland Community Housing Corporation is a nonprofit organization located at 950 Cambridge Street, Cambridge, MA 02141. Their primary mission is to offer housing for low-income individuals with disabilities, providing an environment tailored to their specific needs. This endeavor aims to promote their health, happiness, and overall security, ensuring the home's sustainability and operation. The corporation operates on a non-profit basis, demonstrating a strong commitment to serving this vulnerable group.
Official website here: www.vinfen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Stars)
Westland Community Housing Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance practices. The rating is primarily based on a single beacon score focused on financial health, which reflects the organization's overall fiscal responsibility and transparency.
The organization has strengths in several areas, including a majority of independent board members, the absence of material diversion of assets, and the presence of essential governance policies such as conflicts of interest and whistleblower protections. Their commitment to documenting board meeting minutes further supports their transparency efforts.
However, the organization faces challenges with its financial ratios, particularly the liabilities to assets ratio, which is notably high at 109.49%. Additionally, while the program expense ratio of 64.29% is acceptable, there is room for improvement in maximizing program funding. These factors contribute to the overall score and suggest potential areas for growth in financial management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Westland Community Housing Corporation legitimate?
Westland Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westland Community Housing Corporation 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.vinfen.org
What is the mission statement of Westland Community Housing Corporation?
Westland Community Housing Corporation exists with a mission to offer housing in a specifically designed environment for low-income individuals with disabilities. This mission aims to cater to their unique needs, promoting their health, happiness, and security on a non-profit basis. The organization strives to generate sufficient revenue to effectively maintain and manage the housing facilities.
Official website here: www.vinfen.org
Who is the CEO of Westland Community Housing Corporation?
Jean Yang is the Director, President of Westland Community Housing Corporation.
Official website here: www.vinfen.org
What is the revenue of Westland Community Housing Corporation?
Westland Community Housing Corporation's revenue in 2022 was $89,348.
Official website here: www.vinfen.org
Who are the executives of Westland Community Housing Corporation and what are their salaries?
There 2 volunteers at Westland Community Housing Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $368,518
- Other: $45,975
- Compensation: $0
- Related: $246,222
- Other: $43,325
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vinfen.org
Where can I find the form 990 for Westland Community Housing Corporation?
Westland Community Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vinfen.org
Learn more at the official website: www.vinfen.org
Mission Statement of Westland Community Housing Corporation
Westland Community Housing Corporation, as a non-profit organization, is committed to providing low-income individuals with disabilities with a housing solution tailored to their specific needs. This housing is designed to promote their health, happiness, and security. The corporation operates on a self-sufficient basis, ensuring that it can maintain and operate the homes effectively. The mission of Westland Community Housing Corporation is to offer a secure and supportive living environment for individuals with disabilities, enabling them to lead fulfilling lives.
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Impact
October, 2024
Westland Community Housing Corporation significantly enhances the lives of low-income disabled individuals by providing them with housing tailored to their unique needs. Located in Cambridge, MA, the organization creates a specially designed environment that promotes health, happiness, and security for its residents. By ensuring access to a stable and supportive living situation, Westland helps empower individuals to thrive in their daily lives, fostering a sense of community and belonging. This initiative not only addresses the immediate need for housing but also contributes to the overall well-being and dignity of disabled individuals, allowing them to lead healthier and more fulfilling lives.
This information is meant to be a general summary of Westland Community Housing Corporation. 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: $23
- Program Service Revenue: $89,325
- Gross Receipts: $89,348
Assets and Liabilities:
- Total Assets: $1,431,085
- Total Liabilities: $1,540,719
- Net Assets: -$109,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$54,525
RENT REVENUE
Revenue
$34,800
Organization Details
Founding Year
2001
Phone
(617) 441-1800Principal Officer
Jean Yang
Main Address
950 CAMBRIDGE STREET, CAMBRIDGE, MA, 02141
Website
www.vinfen.orgNTEE Category
Code: L21 - Housing
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