Overview
What is Vesta Inc?
Vesta Inc, based on the provided information, is a nonprofit organization committed to empowering individuals to attain self-determination and enrich their lives in their communities. They adopt a proactive approach to work with individuals, families, and organizations, promoting understanding and inclusion for all. Their mission is multifaceted, focusing on personal development, community enhancement, and advocacy. Vesta Inc's guiding principle emphasizes the importance of each client's unique journey and growth.
Official website here: www.vesta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator.
Vesta Inc has achieved a commendable Four-Star rating with a score of 96%, reflecting its strong accountability and financial management. The organization showcases a fully independent board, with all eight members being free of conflicts of interest, which contributes to its high governance standards. Financial oversight is robust, evidenced by an audit committee and thorough policies regarding document retention and conflicts of interest.
The charity excels in utilizing its funds effectively, with approximately 81.36% of its expenses directed towards programs, indicating a strong focus on its mission. Additionally, the organization has no material diversion of assets, which speaks to its integrity and commitment to transparency. The positive ratios regarding liabilities and assets further highlight its financial health.
Overall, Vesta Inc has demonstrated exceptional governance and financial practices, making it a trustworthy choice for potential donors. There are no significant limitations noted in the data, which underscores the organization's solid standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Vesta Inc legitimate?
Vesta Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vesta 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: $406,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,985,716
For more financial information, click here
Official website here: www.vesta.org
What is the mission statement of Vesta Inc?
Vesta Inc is dedicated to empowering individuals to achieve self-determination and enrich their lives within the community. The organization takes a proactive approach in working with individuals, families, and organizations. Their mission is to promote understanding and inclusion for all, prioritizing the personal development of each client. Vesta Inc strives to make a difference by being an active partner in their clients' journey towards self-determination and community engagement.
Official website here: www.vesta.org
Who is the CEO of Vesta Inc?
Jignesh Dalal is the Chairman of Vesta Inc. The CEO's salary of Vesta Inc is $213,558 and their total compensation is $232,933.
Official website here: www.vesta.org
What is the revenue of Vesta Inc?
Vesta Inc's revenue in 2022 was $20,996,421.
Official website here: www.vesta.org
Who are the executives of Vesta Inc and what are their salaries?
The average compensation at Vesta Inc during 2022 was $32,274. There are 291 employees at Vesta Inc.
Here are 16 key members and their salaries (Vesta Inc's CEO's salary is $213,558 and their total compensation is $232,933):
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- Compensation: $213,558
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- Other: $19,375
- Compensation: $160,487
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- Other: $19,352
- Compensation: $133,149
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- Other: $12,500
- Compensation: $115,961
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- Other: $21,469
- Compensation: $136,694
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- Other: $21,318
- Compensation: $106,606
- Related: $0
- Other: $19,375
- Compensation: $109,831
- Related: $0
- Other: $9,218
Official website here: www.vesta.org
Where can I find the form 990 for Vesta Inc?
Vesta Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vesta.org
Learn more at the official website: www.vesta.org
Mission Statement of Vesta Inc
Vesta Inc, a mission-driven organization, strives to empower individuals to attain self-determination and enrich their lives within their communities. With a proactive approach, Vesta Inc works closely with individuals, families, and organizations to promote understanding and inclusion for all. Their guiding principle is to prioritize each client's personal development.
Vesta Inc's commitment extends beyond individual empowerment. They aim to enhance lives and bring about positive change in the community. By being proactive and working collaboratively, Vesta Inc fosters an environment where individuals feel supported in their personal growth and development. Their mission is not just about empowering people but also about creating a more inclusive and understanding society.
In simple terms, Vesta Inc is an organization dedicated to helping people improve their lives and their communities. Through their work, they promote self-determination, understanding, and inclusion, making a meaningful impact on the lives of those they serve.
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Impact
October, 2024
Vesta Inc has a significant impact on individuals and communities by prioritizing self-determination and personal development. By empowering people to achieve their goals, the organization enhances and enriches their lives, fostering a sense of agency and fulfillment. Vesta Inc actively collaborates with individuals, families, and organizations, ensuring that their approach is proactive and tailored to the unique needs of each client.
The organization promotes understanding and inclusion, contributing to a more harmonious community where diverse voices are heard and valued. This commitment to mental health and personal growth not only benefits those directly involved but also strengthens community ties, creating an environment where everyone can thrive. Through its mission, Vesta Inc plays a crucial role in shaping a more supportive and inclusive society.
This information is meant to be a general summary of Vesta 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: $3,353,607
- Program Service Revenue: $17,005,019
- Gross Receipts: $23,835,579
Assets and Liabilities:
- Total Assets: $80,385,389
- Total Liabilities: $1,560,057
- Net Assets: $78,825,332
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL ASSISTANCE
Revenue
$14,676,680
FEE COLLECTIONS
Revenue
$1,560,184
MANAGEMENT FEES
Revenue
$506,222
FOOD PROGRAM SERVICES
Revenue
$242,522
OTHER
Revenue
$19,411
Organization Details
Founding Year
1981
Phone
(240) 296-6300Principal Officer
Jignesh Dalal
Main Address
9301 ANNAPOLIS RD, LANHAM, MD, 207064367
Website
www.vesta.orgNTEE Category
Code: F33Z - Mental health
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