Overview
What is Heritage Haven Inc?
Heritage Haven Inc is a nonprofit organization that serves as a haven for seniors seeking to age gracefully in a vibrant and authentic community. Located within this organization, seniors can rent HUD-subsidized apartments, benefiting from a supportive environment that promotes well-being. Heritage Haven's mission is to establish itself as a destination hub, fostering a sense of community where seniors can thrive. This encompasses providing housing, fostering a lively atmosphere, and supporting the overall well-being of its residents.
Official website here: www.vmrc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Heritage Haven Inc has received an overall score of 81%, signifying a strong performance in terms of Accountability & Finance. The charity's rating is primarily based on its commitment to good governance practices, evidenced by a fully independent board and comprehensive financial oversight. The organization has achieved perfect scores in multiple areas, including having no material diversion of assets and maintaining a robust conflict of interest policy.
The charity excels in its financial transparency and accountability, with a program expense ratio of 70.03%. This indicates that a significant portion of its expenditures is allocated directly to its programs rather than administrative costs. Additionally, Heritage Haven maintains thorough documentation practices, including board meeting minutes and policies for whistleblower and document retention.
Despite its strengths, the rating is limited to financial and governance metrics, and it does not provide insights into the charity's programmatic impact or community engagement efforts. Therefore, while Heritage Haven Inc demonstrates commendable fiscal responsibility, potential donors may want to consider additional factors regarding its overall effectiveness and outreach.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Haven Inc legitimate?
Heritage Haven Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Haven 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: $270,954
For more financial information, click here
Official website here: www.vmrc.org
What is the mission statement of Heritage Haven Inc?
Heritage Haven Inc, as a destination hub, is committed to providing an environment that encourages seniors to age well. This is achieved in a vibrant and authentic community setting. Their mission is to become a hub where individuals seeking to age gracefully can find a sense of belonging. The organization offers HUD subsidized apartments as part of their programs, providing affordable housing options for senior residents.
Official website here: www.vmrc.org
Who is the CEO of Heritage Haven Inc?
J David Yoder is the Interim Ceo of Heritage Haven Inc. The CEO's salary of Heritage Haven Inc is $0 and their total compensation is $0.
Official website here: www.vmrc.org
What is the revenue of Heritage Haven Inc?
Heritage Haven Inc's revenue in 2023 was $1,514,064.
Official website here: www.vmrc.org
Who are the executives of Heritage Haven Inc and what are their salaries?
The average compensation at Heritage Haven Inc during 2023 was $38,708. There are 7 employees and 10 volunteers at Heritage Haven Inc.
Here are 6 key members and their salaries (Heritage Haven Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $253,817
- Other: $20,042
- Compensation: $0
- Related: $168,784
- Other: $29,033
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vmrc.org
Where can I find the form 990 for Heritage Haven Inc?
Heritage Haven Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vmrc.org
Learn more at the official website: www.vmrc.org
Mission Statement of Heritage Haven Inc
Heritage Haven Inc, a destination hub, is committed to providing a vibrant and authentic community for individuals who aspire to age well. Its mission is centered around creating an environment that caters to the needs of seniors, encouraging a fulfilling and enriching lifestyle. To achieve this, Heritage Haven offers HUD subsidized apartments as a part of its programs, providing a suitable living space for its senior residents. This mission reflects Heritage Haven's dedication to fostering a community where aging individuals can thrive, maintaining their independence and engaging in meaningful activities.
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Impact
July, 2024
Heritage Haven Inc, based in Harrisonburg, VA, is making a significant impact by providing a vibrant and authentic community for seniors to age well. By offering HUD subsidized apartments and various programs, Heritage Haven serves as a destination hub that supports seniors in living fulfilling and independent lives. This organization is instrumental in promoting a high quality of life for aging individuals in the community.
This information is meant to be a general summary of Heritage Haven 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 2023.
- Investment Income: $9,413
- Program Service Revenue: $1,504,651
- Gross Receipts: $1,514,064
Assets and Liabilities:
- Total Assets: $2,000,197
- Total Liabilities: $4,590,584
- Net Assets: -$2,590,387
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD-ASSISTED HOUSING
Revenue
$1,504,651
Organization Details
Founding Year
1978
Phone
(540) 438-4225Principal Officer
J David Yoder
Main Address
1501 VIRGINIA AVE, HARRISONBURG, VA, 22802
Website
www.vmrc.orgNTEE Category
Code: L210 - Housing
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