Overview
What is Five Star Veterans Center?
The Five Star Veterans Center, situated in Jacksonville, Florida, serves as a short-term housing and rehabilitation center for homeless U.S. military veterans. With a focus on assisting these individuals in transitioning back to civilian life, the organization boasts a mission titled 'Passport to Independence.' Beyond offering limited healthcare and temporary housing, the center supports veterans in securing their benefits. To facilitate their reintegration, the center collaborates with various agencies and its associates, providing access to necessary mental, physical, and educational rehabilitative services. With a team of dedicated professionals, the Five Star Veterans Center strives to empower its veterans on their journey toward independence.
Official website here: www.5starveteranscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Five Star Veterans Center has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a score of 96%, the organization demonstrates a commitment to transparency and effective financial management, as evidenced by its exceptional ratings in various categories, including a perfect score for its independent board members and financial oversight.
The organization operates with a fully independent board consisting of 14 members, which enhances its governance structure. Additionally, Five Star Veterans Center has implemented robust policies on conflict of interest and whistleblower protections, further reinforcing its ethical standards. The financial metrics are impressive, with a program expense ratio of 70.73%, indicating that a significant portion of its funds is directed towards its mission rather than administrative costs.
While the organization's financial health appears strong with a low liabilities-to-assets ratio of 9.34%, it is important for potential donors to consider the broader impact of its programs and services on the veteran community. Overall, Five Star Veterans Center is well-positioned as a trustworthy nonprofit organization dedicated to supporting veterans.
This AI summary has been generated from information found on Charity Navigator.
Is Five Star Veterans Center legitimate?
Five Star Veterans Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Star Veterans Center 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,587
For more financial information, click here
Official website here: www.5starveteranscenter.org
What is the mission statement of Five Star Veterans Center?
The Five Star Veterans Center's mission is to operate a short-term housing and rehabilitation facility for homeless U.S. military veterans. This center is known by its slogan, 'Passport to Independence.' In addition to providing limited medical care, the center offers temporary housing to homeless veterans and assistance in obtaining their veteran benefits. The center aims to help veterans transition back into civilian life through collaborative efforts with other agencies and its associates, providing access to mental, physical, and educational rehabilitative services.
Official website here: www.5starveteranscenter.org
Who is the CEO of Five Star Veterans Center?
Mike Atter is the Board Presid of Five Star Veterans Center. The CEO's salary of Five Star Veterans Center is $80,000 and their total compensation is $80,000.
Official website here: www.5starveteranscenter.org
What is the revenue of Five Star Veterans Center?
Five Star Veterans Center's revenue in 2022 was $888,650.
Official website here: www.5starveteranscenter.org
Who are the executives of Five Star Veterans Center and what are their salaries?
The average compensation at Five Star Veterans Center during 2022 was $53,264. There are 6 employees at Five Star Veterans Center.
Here are 14 key members and their salaries (Five Star Veterans Center's CEO's salary is $80,000 and their total compensation is $80,000):
- Compensation: $80,000
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- Other: $0
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- Other: $0
Official website here: www.5starveteranscenter.org
Where can I find the form 990 for Five Star Veterans Center?
Five Star Veterans Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.5starveteranscenter.org
Learn more at the official website: www.5starveteranscenter.org
Mission Statement of Five Star Veterans Center
Five Star Veterans Center is committed to serving the needs of homeless U.S. military veterans. Their mission is twofold: first, to operate a short-term housing and rehabilitation center for these veterans, providing a temporary shelter that allows them to stabilize and begin the process of reintegrating into civilian life. The center, known as 'Passport to Independence,' also offers limited healthcare services.
Secondly, Five Star Veterans Center aims to assist veterans in obtaining their rightful benefits. Beyond providing housing and healthcare, the center collaborates with other agencies and associates to offer mental, physical, and educational rehabilitative services. These resources are instrumental in helping veterans regain their independence and adapt to civilian life effectively. The organization's goal is to provide a comprehensive support system that empowers homeless veterans to rebuild their lives with dignity and self-sufficiency.
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Impact
July, 2024
Five Star Veterans Center provides crucial support to homeless US military veterans by operating a short-term housing and rehabilitation center in Jacksonville, Florida. The center's mission is to serve as a "passport to independence" for these veterans, offering not just housing but also limited health care, assistance with obtaining veteran benefits, and access to mental, physical, and educational rehabilitative services. Through collaborative efforts with other agencies and partners, the organization works towards restoring veterans to civilian life and helping them reintegrate into society. This impactful work directly addresses the pressing issue of homelessness among military veterans, providing them with the support they need to rebuild their lives and regain stability.
This information is meant to be a general summary of Five Star Veterans Center. 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: $143,268
- Gross Receipts: $888,650
Assets and Liabilities:
- Total Assets: $1,547,656
- Total Liabilities: $174,707
- Net Assets: $1,372,949
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SERVICE
Revenue
$145,785
OTHER INCOME
Revenue
-$2,517
Organization Details
Founding Year
2011
Phone
(904) 723-5950Principal Officer
Mike Atter
Main Address
40 ACME STREET, JACKSONVILLE, FL, 32211
Website
www.5starveteranscenter.orgNTEE Category
Code: L40 - Housing
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