Voa Somerville Veterans Housing Inc

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

EIN: 454915532 ✦ Jamaica plain, MA ✦ Designated as a 501(c)(3)

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Overview

What is Voa Somerville Veterans Housing Inc?

Voa Somerville Veterans Housing Inc, located at 441 Centre Street, Jamaica Plain, Massachusetts 02130, is a nonprofit organization dedicated to supporting the veterans of the United States military. Their primary mission involves providing housing and comprehensive services, such as education, employment, and case management, to aid these veterans in achieving self-sufficiency. Furthermore, they have successfully housed 22 veterans temporarily and 7 veterans permanently, ensuring they receive the necessary assistance to improve their lives. With a team of 15 dedicated individuals, Voa Somerville Veterans Housing Inc plays a vital role in supporting our nation's veterans.


Official website here: www.voamass.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star rating)

Voa Somerville Veterans Housing Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 85%. This score primarily stems from their accountability and finance metrics, indicating a strong commitment to responsible financial management. The organization demonstrates transparency with independent board members and has effective oversight measures in place, including an audit committee and properly documented board meeting minutes.

One of the notable strengths of Voa Somerville is the high percentage of program expenses, which stands at 91.04%, suggesting that a significant portion of their funding goes directly to their mission-related activities. Furthermore, there are no reported material diversions of assets, which indicates robust financial integrity. However, the organization has room for improvement, particularly in addressing the lack of a conflict of interest policy, which is a critical governance component.

Overall, while Voa Somerville Veterans Housing Inc shows a commendable level of accountability and efficient use of resources, the absence of certain policies may raise questions regarding their governance practices. Continued efforts to enhance transparency and policy completeness could further strengthen their credibility and effectiveness in serving veterans.


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

Is Voa Somerville Veterans Housing Inc legitimate?

Voa Somerville Veterans Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voa Somerville Veterans Housing 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: $282,160

For more financial information, click here


Official website here: www.voamass.org

What is the mission statement of Voa Somerville Veterans Housing Inc?

Voa Somerville Veterans Housing Inc's mission is centered around providing housing and supportive services to veterans of the United States military. This organization strives to assist these veterans in their journey towards self-sufficiency, offering resources such as education, employment, and case management services. Additionally, Voa Somerville Veterans Housing Inc provides permanent housing to veterans who are homeless, aiming to provide them with a stable living environment. The organization's goal is to support these veterans in overcoming their challenges and rebuilding their lives.


Official website here: www.voamass.org

Who is the CEO of Voa Somerville Veterans Housing Inc?

Charles Gagnon is the Cfo - Retire of Voa Somerville Veterans Housing Inc.


Official website here: www.voamass.org

What is the revenue of Voa Somerville Veterans Housing Inc?

Voa Somerville Veterans Housing Inc's revenue in 2022 was $883,646.


Official website here: www.voamass.org

Who are the executives of Voa Somerville Veterans Housing Inc and what are their salaries?

The average compensation at Voa Somerville Veterans Housing Inc during 2022 was $18,811. There are 15 employees at Voa Somerville Veterans Housing Inc.


Here are 5 key members and their salaries:


Nabil Abdou (Cfo - Retire)
  • Compensation: $0
  • Related: $240,266
  • Other: $15,476
Charles Gagnon (President)
  • Compensation: $0
  • Related: $180,462
  • Other: $47,041
Phil Chadwick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
F George Davitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Lacroix (Cfo As Of 12)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.voamass.org

Where can I find the form 990 for Voa Somerville Veterans Housing Inc?

Voa Somerville Veterans Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.voamass.org

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

Mission Statement of Voa Somerville Veterans Housing Inc

Voa Somerville Veterans Housing Inc, a nonprofit organization, is committed to providing housing and supportive services to veterans of the United States military. Their mission is centered around offering a conducive living environment and essential resources to these honorable individuals as they strive towards self-sufficiency. Through education, employment, and comprehensive case management services, Voa Somerville Veterans Housing Inc aims to empower these veterans, helping them overcome challenges and rebuild their lives. Furthermore, the organization provides permanent housing to a select number of homeless veterans, offering them a stable foundation from which to continue their journey towards independence.

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Impact




July, 2024

Voa Somerville Veterans Housing Inc has had a significant impact on the lives of veterans in the United States. By providing housing and supportive services, they have directly assisted 22 homeless veterans in working towards self-sufficiency through education, employment, and supportive case services. Additionally, they have successfully provided permanent housing to 7 homeless veterans, ensuring they have a stable and secure place to call home. This organization based in Jamaica Plain, MA is making a tangible difference in the lives of those who have served our country, embodying their mission to support veterans through housing and services.




This information is meant to be a general summary of Voa Somerville Veterans Housing 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
$883,646 (2022)
Expenses
$792,721 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Program Service Revenue: $157,445
  • Gross Receipts: $883,646

Assets and Liabilities:

  • Total Assets: $4,842,041
  • Total Liabilities: $936,602
  • Net Assets: $3,905,439

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$157,445

Organization Details

Founding Year

2012

Principal Officer

Charles Gagnon

Main Address

441 CENTRE STREET, JAMAICA PLAIN, MA, 02130

NTEE Category

Code: S80 - Community improvement

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