Overview
What is Hartford Village?
Hartford Village is a nonprofit organization, situated in Southfield, Michigan (specifically at 26200 Lahser Road 300), dedicated to providing a supportive living environment for seniors. Their mission is to create and manage a mixed-income senior living community, enabling elderly individuals to thrive and discover their purpose in life while alleviating the pressures of aging. By developing and operating this senior living community, Hartford Village aims to contribute positively to the lives of senior residents, offering them the opportunity to live comfortably and fulfill their potential.
Official website here: www.pvm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 64%)
Hartford Village has received a Two-Star rating from Charity Navigator, indicating areas in need of improvement despite strong accountability and finance metrics. The organization scored a perfect 100% in several categories, including independent board member presence and financial statement audits, demonstrating solid governance and transparency in those aspects.
However, significant concerns arise in areas such as the whistleblower policy and document retention practices, where the organization received zero points. Additionally, the program expense ratio is relatively low at 16 out of 25, suggesting that a smaller portion of their expenditures is directed toward programmatic activities compared to administrative costs, which may impact overall effectiveness.
While Hartford Village shows promise in governance and financial oversight, addressing the identified weaknesses will be crucial for enhancing their rating and overall impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hartford Village legitimate?
Hartford Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartford Village 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: $163,924
For more financial information, click here
Official website here: www.pvm.org
What is the mission statement of Hartford Village?
Hartford Village's mission is centered around the development and operation of a senior living community that accommodates individuals from various income backgrounds. The primary goal is to provide an environment where seniors can strive for their best possibilities and purposes in life, alleviating the stress associated with old age. The community aims to offer senior housing and services, fostering a setting where seniors can lead fulfilling lives.
Official website here: www.pvm.org
Who is the CEO of Hartford Village?
Larry Mathews is the Member of Hartford Village.
Official website here: www.pvm.org
What is the revenue of Hartford Village?
Hartford Village's revenue in 2022 was $1,566,629.
Official website here: www.pvm.org
Who are the executives of Hartford Village and what are their salaries?
There 10 volunteers at Hartford Village.
Here are 10 key members and their salaries:
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Official website here: www.pvm.org
Where can I find the form 990 for Hartford Village?
Hartford Village's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pvm.org
Learn more at the official website: www.pvm.org
Mission Statement of Hartford Village
Hartford Village, a nonprofit organization, is dedicated to developing and operating a mixed-income senior living community. Their mission is to provide a living environment where seniors can thrive and find purpose in their later years. This community aims to alleviate the stresses of old age and enables seniors to achieve their best potentials in life. By operating senior housing and services, Hartford Village seeks to offer relief and enhance the quality of life for its senior residents.
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Impact
July, 2024
Hartford Village positively impacts the lives of seniors by providing a mixed-income senior living community in Southfield, Michigan. Through their services and housing options, Hartford Village allows seniors to achieve the best possibilities and purposes in life while also offering relief from the stresses of old age. Their mission to develop and operate this community helps seniors live comfortably and with dignity as they age.
This information is meant to be a general summary of Hartford Village. 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: $1,468,090
- Gross Receipts: $1,566,629
Assets and Liabilities:
- Total Assets: $13,685,266
- Total Liabilities: $13,547,574
- Net Assets: $137,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$1,385,941
OTHER TENANT CHARGES
Revenue
$82,149
Organization Details
Founding Year
2011
Phone
(248) 281-2020Principal Officer
Larry Mathews
Main Address
26200 LAHSER ROAD 300, SOUTHFIELD, MI, 48033
Website
www.pvm.orgNTEE Category
Code: L21 - Housing
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