Overview
What is Old School Village Inc?
Old School Village Inc is a nonprofit organization situated in Kempton, Pennsylvania. Its primary mission is to offer affordable retirement housing for members of the New Churchmen community. To achieve this goal, the organization purchased a former elementary school in 2017 and is currently renovating and expanding it to provide suitable living spaces. Old School Village Inc's initiatives are aimed at enhancing the retirement experience of its target community, ensuring they can age gracefully with the necessary support and comfort.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Old School Village Inc has achieved an 80% score, which translates into a Three-Star rating, reflecting solid accountability and financial health. This score is based solely on their Accountability & Finance metrics, indicating that the organization maintains a strong focus on these areas, which are crucial for donor confidence and transparency.
The nonprofit showcases a fully independent board, with all 10 members being independent, and demonstrates strong governance practices including a documented conflict of interest policy and regular board meeting minutes. Additionally, they exhibit a healthy financial structure, with a low liabilities to assets ratio at 20.02%, and a high program expense ratio of 71.84%, suggesting that a significant portion of their resources is directed towards their mission-driven programs.
While the overall rating is commendable, it is important to note that the score is derived from a single beacon score. Potential donors may want to look into other aspects of the organization's impact and effectiveness beyond just financial metrics to gain a comprehensive view of its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Old School Village Inc legitimate?
Old School Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old School Village 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: $0
For more financial information, click here
What is the mission statement of Old School Village Inc?
Old School Village Inc, as an organization, is committed to providing a retirement home for a specific community. They achieved this by purchasing a former elementary school in Kempton, PA in 2017 and renovating and expanding it. The primary mission of Old School Village Inc is to offer affordable retirement housing to members of the New Churchmen community. They aim to provide a comfortable and supportive living environment for these individuals, enabling them to spend their retirement years peacefully. The organization's efforts are focused on enhancing the quality of life for its residents, fostering a sense of community, and ensuring that the needs of the New Churchmen community are being met.
Who is the CEO of Old School Village Inc?
Thomas J Kerr Iii is the Board Member of Old School Village Inc.
What is the revenue of Old School Village Inc?
Old School Village Inc's revenue in 2022 was $194,732.
Who are the executives of Old School Village Inc and what are their salaries?
There 9 volunteers at Old School Village Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Old School Village Inc?
Old School Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Old School Village Inc
Old School Village Inc, a nonprofit organization, is dedicated to providing affordable retirement housing for members of the New Churchmen community. To achieve this mission, Old School Village Inc has renovated and expanded a former elementary school, which they purchased in 2017, turning it into a retirement home in an undisclosed location. The goal is to offer a comfortable and supportive living environment for these individuals as they enter their retirement years.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Old School Village Inc significantly enhances the quality of life for retired members of the New Churchmen community in Kempton, PA. By transforming a former elementary school into a welcoming and affordable retirement home, it provides a supportive environment tailored to the unique needs of its residents. This initiative not only preserves a historic building but also fosters a sense of community and belonging among its members.
The impact of Old School Village extends beyond housing; it represents a commitment to honoring the contributions of New Churchmen throughout their lives. By offering a space that encourages social interaction and engagement, it helps combat isolation commonly faced by retirees. Renovations and expansions serve not just to improve living conditions, but also to create a vibrant atmosphere where shared values and experiences can thrive.
This initiative plays a crucial role in ensuring that those who dedicated their lives to their faith and community have a dignified and affordable place to call home in their retirement years. Overall, Old School Village Inc enriches the community by addressing housing needs while promoting fellowship and solidarity among its residents.
This information is meant to be a general summary of Old School Village 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $790
- Program Service Revenue: $134,462
- Gross Receipts: $194,732
Assets and Liabilities:
- Total Assets: $3,262,898
- Total Liabilities: $653,480
- Net Assets: $2,609,418
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS
Revenue
$134,462
Organization Details
Founding Year
2012
Phone
(484) 436-1014Principal Officer
Thomas J Kerr Iii
Main Address
PO BOX 162, KEMPTON, PA, 195290162
NTEE Category
Code: L20 - Housing
If you are a representative of Old School Village Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.