Overview
What is Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments?
Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments is a nonprofit organization situated in Alexandria, Virginia, specifically at 1660 Duke Street, 22314. Their primary mission is to offer housing solutions for elderly individuals and families, in accordance with Section 207/223(F) of the National Housing Act. They operate under an agreement with the U.S. Department of Housing and Urban Development (HUD), providing a secure living environment for the elderly population. This nonprofit's primary objective is to ensure elderly persons and families have access to suitable housing, contributing to their overall well-being and quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 86%. This rating is primarily based on the organization's Accountability & Finance, which also scored 86%. The presence of a majority of independent board members and comprehensive financial oversight indicates a strong commitment to governance and transparency.
The organization excels in several areas, including a high program expense ratio of 91.32%, meaning that the vast majority of its funds are directed toward its mission rather than administrative costs. Additionally, it has effective policies in place, such as conflict of interest and whistleblower policies, and maintains thorough documentation of board meeting minutes, which enhances its accountability.
However, while the organization demonstrates strong financial health and governance practices, it has a liabilities to assets ratio of 60.75%. This suggests that while it is managing its debts, it may still have some financial obligations that could impact its long-term sustainability. Overall, the organization appears to be well-managed with a focus on serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments legitimate?
Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments 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: $58,432
For more financial information, click here
What is the mission statement of Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments?
Coon Rapids Voa Elderly Housing Inc's Oxbowl Bend Apartments is committed to providing housing for elderly persons and families, adhering to Section 207/223(F) of the National Housing Act. This is done under an agreement with the U.S. Department of HUD. The organization's primary goal is to offer suitable housing solutions for this specific demographic, aiming to enhance their quality of life. By aligning with the National Housing Act and collaborating with the U.S. Department of HUD, Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments ensures that elderly residents and families have access to secure and age-appropriate housing options.
What is the revenue of Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments?
Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments's revenue in 2024 was $850,398.
Who are the executives of Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments and what are their salaries?
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $645,785
- Other: $179,300
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- Related: $432,820
- Other: $72,837
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- Related: $340,552
- Other: $108,473
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- Related: $290,542
- Other: $26,987
- Compensation: $0
- Related: $258,187
- Other: $40,162
- Compensation: $0
- Related: $180,262
- Other: $95,108
- Compensation: $0
- Related: $215,519
- Other: $4,998
- Compensation: $0
- Related: $167,386
- Other: $17,712
- Compensation: $0
- Related: $138,895
- Other: $20,965
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Where can I find the form 990 for Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments?
Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments
Coon Rapids VoA Elderly Housing Inc., specifically at Oxbowl Bend Apartments, is dedicated to providing housing solutions for elderly individuals and families. Under the agreement with the U.S. Department of HUD, this nonprofit organization operates under Section 207/223(F) of the National Housing Act. In simpler terms, Coon Rapids VoA Elderly Housing Inc. Oxbowl Bend Apartments serves as a shelter, offering refuge and a stable living environment for the elderly and their families, thereby contributing to their overall well-being.
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Impact
July, 2024
Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments provides essential housing for elderly persons and families under Section 207/223(f) of the National Housing Act through an agreement with the U.S. Department of HUD. By offering this housing, the organization plays a crucial role in supporting vulnerable populations in accessing safe and affordable living spaces. This impact helps to ensure that elderly individuals and families have a place to call home, fostering stability and well-being within the community.
This information is meant to be a general summary of Coon Rapids Voa Elderly Housing Inc Oxbowl Bend Apartments. 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 2024.
- Investment Income: $2,184
- Program Service Revenue: $848,214
- Gross Receipts: $850,398
Assets and Liabilities:
- Total Assets: $3,591,450
- Total Liabilities: $2,182,034
- Net Assets: $1,409,416
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF ELDERLY HOUSING
Revenue
$848,214
Organization Details
Founding Year
1981
Principal Officer
Peter Desjardins
NTEE Category
Code: L21Z - Housing
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