Overview
What is Lyon Village Community House Association?
The Lyon Village Community House Association is a nonprofit organization that plays a significant role in preserving and maintaining the historical Lyon Village Community House. Their mission extends beyond mere preservation, as they also work towards upholding the cultural charm of the Lyon Village neighborhood. The association conducts regular board meetings, organizes neighborhood events, and generously offers free rentals to Scout troops and various nonprofit organizations. Furthermore, they provide reduced-fee rentals as part of their initiatives. The association's activities are aimed at fostering a sense of community and cultural appreciation within Lyon Village.
Official website here: www.lvcommunityhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning a Two-Star out of Four Star rating.
The Lyon Village Community House Association has received a Two-Star rating, indicating some accountability and financial management concerns. While the organization has managed to maintain a low liabilities to assets ratio and a strong program expense ratio of 81.31%, it lacks independent board members, which is a significant factor in governance strength. The absence of independent oversight could raise questions about decision-making processes within the organization.
However, the organization does demonstrate some solid practices, such as having a conflict of interest policy in place and providing meeting minutes for board meetings. Unfortunately, the lack of a whistleblower policy and missing documentation related to document retention and tax forms indicates areas where improvements are needed. These deficiencies could affect transparency and trust among stakeholders.
Overall, while the Lyon Village Community House Association shows a commitment to allocating funds effectively towards its programs, there are notable gaps in governance practices that may hinder its operational integrity. Addressing these issues could enhance accountability and potentially improve future ratings.
This AI summary has been generated from information found on Charity Navigator.
Is Lyon Village Community House Association legitimate?
Lyon Village Community House Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyon Village Community House Association 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
Official website here: www.lvcommunityhouse.org
What is the mission statement of Lyon Village Community House Association?
The Lyon Village Community House Association's mission is centered around preserving and maintaining the historical Lyon Village Community House. Their primary goal is to uphold and enhance the historical and cultural essence of the Lyon Village neighborhood. They accomplish this by conducting regular board meetings, organizing neighborhood events, and offering gratis rentals to Scout troops and various non-profit organizations. Furthermore, they provide reduced rental fees as part of their programs, contributing to the community in various ways.
Official website here: www.lvcommunityhouse.org
Who is the CEO of Lyon Village Community House Association?
Michael Porcaro is the Chair of Lyon Village Community House Association.
Official website here: www.lvcommunityhouse.org
What is the revenue of Lyon Village Community House Association?
Lyon Village Community House Association's revenue in 2022 was $45,834.
Official website here: www.lvcommunityhouse.org
Who are the executives of Lyon Village Community House Association and what are their salaries?
There 8 volunteers at Lyon Village Community House Association.
Here are 8 key members and their salaries:
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Official website here: www.lvcommunityhouse.org
Where can I find the form 990 for Lyon Village Community House Association?
Lyon Village Community House Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lvcommunityhouse.org
Learn more at the official website: www.lvcommunityhouse.org
Mission Statement of Lyon Village Community House Association
The Lyon Village Community House Association, a notable organization, is dedicated to preserving and maintaining the historic Lyon Village Community House. Their mission extends beyond this, as they also strive to promote and uphold the historical and cultural essence of the Lyon Village neighborhood. Through their activities, they aim to ensure that the Community House remains a symbol of the area's rich heritage. The association conducts regular board meetings, hosts neighborhood events, and offers gratis rentals to Scout troops and various nonprofit organizations as part of their initiatives. Additionally, they provide reduced fee rentals as part of their programs, further contributing to the community.
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Impact
August, 2024
The Lyon Village Community House Association plays a vital role in preserving and enhancing the historic and cultural character of the Lyon Village neighborhood in Arlington, VA. By maintaining the historic Lyon Village Community House and promoting community engagement through various events and programs, the association fosters a sense of community pride and connection among residents. Additionally, by offering gratis rentals to Scout troops and other nonprofits, as well as reduced fee rentals as part of their initiatives, the association contributes to the accessibility of community spaces for various groups. Through their efforts, the Lyon Village Community House Association positively impacts the neighborhood's cohesion, heritage, and overall quality of life.
This information is meant to be a general summary of Lyon Village Community House Association. 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: $43,013
- Gross Receipts: $47,097
Assets and Liabilities:
- Total Assets: $971,111
- Total Liabilities: $1,270
- Net Assets: $969,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rentals (a)
Revenue
$10,680
Rentals (b)
Revenue
$24,978
Rentals (c)
Revenue
$7,355
Organization Details
Founding Year
2013
Phone
(703) 399-2130Principal Officer
Michael Porcaro
Main Address
1920 N Highland St, Arlington, VA, 22201
Website
www.lvcommunityhouse.orgNTEE Category
Code: Z99 - Unknown
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