Overview
What is Eastern Shore Of Virginia Housing Alliance?
The Eastern Shore of Virginia Housing Alliance is a nonprofit organization situated in Accomack, Virginia. Their primary mission is to provide affordable housing options for the residents of Accomack and Northampton Counties. To achieve this, they initiate both new construction and housing rehabilitation projects. The Alliance offers both rental and ownership opportunities for low-income individuals, striving to improve the living conditions in these communities. Their commitment to affordable housing extends beyond just construction, as they aim to enhance the overall quality of life for the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Eastern Shore of Virginia Housing Alliance has received a rating of 67%, which reflects a moderate performance in terms of accountability and finance. The organization demonstrates a strong commitment to governance with 100% independent board members and a well-structured board size, earning full points in these areas. Additionally, it maintains a high program expense ratio of 91.03%, indicating that a significant portion of its funds is directed towards its programs and services.
Despite these strengths, the organization has notable limitations that impact its overall rating. Specifically, it has received no points for several important policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are essential for transparency and ethical governance. Furthermore, the absence of its tax form on the nonprofit's website raises concerns about accessibility and transparency of financial information.
Overall, while the Eastern Shore of Virginia Housing Alliance exhibits strong financial management and governance practices, its lack of critical policy documentation suggests areas for improvement to enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Eastern Shore Of Virginia Housing Alliance legitimate?
Eastern Shore Of Virginia Housing Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Shore Of Virginia Housing Alliance 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.
What is the mission statement of Eastern Shore Of Virginia Housing Alliance?
The Eastern Shore of Virginia Housing Alliance is a nonprofit organization dedicated to providing affordable housing options, either for rent or purchase, to residents of Accomack and Northampton Counties. Their primary mission is to facilitate the construction and rehabilitation of affordable housing units, thereby addressing the housing needs of the community. The organization has initiated projects such as the Bailey Road Apartment Project, which aims to provide low-income housing solutions within Accomack County. The Eastern Shore of Virginia Housing Alliance's mission is centered around enhancing the living conditions and promoting affordable housing opportunities for its community members.
Who is the CEO of Eastern Shore Of Virginia Housing Alliance?
Michael Selby is the President of Eastern Shore Of Virginia Housing Alliance.
What is the revenue of Eastern Shore Of Virginia Housing Alliance?
Eastern Shore Of Virginia Housing Alliance's revenue in 2022 was $579,185.
Who are the executives of Eastern Shore Of Virginia Housing Alliance and what are their salaries?
Where can I find the form 990 for Eastern Shore Of Virginia Housing Alliance?
Eastern Shore Of Virginia Housing Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eastern Shore Of Virginia Housing Alliance
The Eastern Shore of Virginia Housing Alliance, a nonprofit organization, is committed to providing affordable housing solutions for the residents of Accomack and Northampton Counties. Through its mission, this alliance aims to construct and refurbish affordable housing units, offering both rental and ownership opportunities. The organization's primary objective is to address the housing needs of the local community, ensuring that everyone has access to a decent place to live. An exemplary project initiated by the alliance is the Bailey Road Apartment Project, designed to cater to the housing requirements of low-income families in Accomack County.
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Impact
July, 2024
The Eastern Shore Of Virginia Housing Alliance has made a significant impact by providing new and rehabilitated affordable housing options to residents of Accomack and Northampton counties. One notable project initiated by the Alliance is the Bailey Road Apartment Project, which aims to offer low-income housing opportunities for individuals in Accomack County. Through their efforts, the Alliance has helped address housing challenges and improve access to affordable housing for community members in need.
This information is meant to be a general summary of Eastern Shore Of Virginia Housing Alliance. 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: $772
- Program Service Revenue: $139,224
- Gross Receipts: $579,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
program fees
Revenue
$42,251
rental income
Revenue
$96,973
Organization Details
Founding Year
1980
Phone
(757) 787-2936Principal Officer
Michael Selby
Main Address
PO BOX 417, ACCOMAC, VA, 23301
NTEE Category
Code: L20Z - Housing
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