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Vera Court Neighborhood Center Inc

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

EIN: 391945609 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Vera Court Neighborhood Center Inc?

Vera Court Neighborhood Center Inc, situated in Madison, Wisconsin, is a dedicated nonprofit organization that focuses on the well-being and development of elementary and middle school children. Their mission involves collaborating with community members and organizations to offer a variety of programs, ensuring opportunities for recreation, personal growth, and education. These programs encompass computer training, after-school activities, and summer events, all designed to foster a nurturing environment. With a staff of 52 individuals, the center strives to positively impact the community by providing services not only for children but also for families, seniors, and other community members.


Official website here: www.veracourt.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Vera Court Neighborhood Center Inc has achieved a high score of 96% from Charity Navigator, reflecting its strong commitment to accountability and financial health. This rating signifies that the organization operates with transparency and efficiency, with a particular emphasis on maintaining responsible financial practices. The organization’s accountability score is notably bolstered by its independent board composition, with all members being independent, and robust oversight measures in place.

The nonprofit has demonstrated excellent fiscal management, with a program expense ratio of 86.33%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization's financial statements are audited, and it adheres to a range of governance policies, including conflict of interest and whistleblower policies, which further enhance its credibility and operational integrity.

While the data does not indicate any particular weaknesses, the organization's high ratings suggest it is performing well in its mission. Overall, Vera Court Neighborhood Center Inc exemplifies a well-managed nonprofit dedicated to its goals while maintaining a strong ethical and financial foundation.


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

Is Vera Court Neighborhood Center Inc legitimate?

Vera Court Neighborhood Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vera Court Neighborhood Center 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: $120,352
Professional Fundraising Fees: $5,113
Other Salaries and Wages: $589,370

For more financial information, click here


Official website here: www.veracourt.org

What is the mission statement of Vera Court Neighborhood Center Inc?

Vera Court Neighborhood Center Inc's mission is to collaborate with the community and various organizations to offer programming and services for children, youth, families, seniors, and community members at large. Their primary focus is on providing opportunities for elementary and middle school children, offering recreational activities, personal growth programs, and educational initiatives like computer training, as well as after-school and summer activities. The center aims to work in unity with community members and organizations to better serve the needs of their community.


Official website here: www.veracourt.org

Who is the CEO of Vera Court Neighborhood Center Inc?

Richard Jones is the Former Executive Director of Vera Court Neighborhood Center Inc.


Official website here: www.veracourt.org

What is the revenue of Vera Court Neighborhood Center Inc?

Vera Court Neighborhood Center Inc's revenue in 2022 was $1,481,113.


Official website here: www.veracourt.org

Who are the executives of Vera Court Neighborhood Center Inc and what are their salaries?

The average compensation at Vera Court Neighborhood Center Inc during 2022 was $13,648. There are 52 employees and 181 volunteers at Vera Court Neighborhood Center Inc.


Here are 11 key members and their salaries:


Thomas Solyst (Former Executive Director)
  • Compensation: $98,804
  • Related: $0
  • Other: $12,301
Richard Jones (Current Executive Director)
  • Compensation: $9,583
  • Related: $0
  • Other: $0
Don Bruns (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Krause (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mcmahan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Vandall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinda Rainey-Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cora White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hoskins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Wray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.veracourt.org

Where can I find the form 990 for Vera Court Neighborhood Center Inc?

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


Official website here: www.veracourt.org

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

Mission Statement of Vera Court Neighborhood Center Inc

Vera Court Neighborhood Center Inc is committed to working in partnership with community members and organizations to offer programming and services catering to children, youth, families, seniors, and the wider community. Their mission is to provide recreational opportunities, foster personal growth, and offer educational resources for elementary and middle school children, among other age groups. The Center's programs encompass computer training and a variety of after-school and summer activities. By collaborating with local organizations, Vera Court Neighborhood Center Inc aims to make a positive impact on the lives of its community members, supporting their overall well-being and development.

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Impact




July, 2024

Vera Court Neighborhood Center Inc works in collaboration with community members and organizations to provide a wide range of programming and services for children, youth, families, seniors, and all members of the community in Madison, Wisconsin. Specifically, they focus on providing opportunities for recreation, personal growth, and education to elementary and middle school children. Their programs include computer training, after-school activities, and summer programs, aiming to support the development and well-being of the community members they serve.




This information is meant to be a general summary of Vera Court Neighborhood Center 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
$1,481,113 (2022)
Expenses
$1,188,836 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $68,880
  • Gross Receipts: $1,859,806

Assets and Liabilities:

  • Total Assets: $4,246,480
  • Total Liabilities: $416,554
  • Net Assets: $3,829,926

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Organization Details

Founding Year

1998

Principal Officer

Richard Jones

Main Address

614 VERA COURT, MADISON, WI, 53704

NTEE Category

Code: P28 - Human services

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