Overview
What is Community Alternatives Management Group Inc?
Community Alternatives Management Group Inc, headquartered in Norfolk, Virginia, is a dedicated nonprofit organization. Their primary focus is to offer quality housing solutions for individuals who are homeless and have disabilities. Currently managing around 90 homes in the Greater Tidewater area, they ensure housing fees are affordable, following HUD recommendations and adjusting based on income and medical expenses. Their supportive housing services aim to help individuals maintain their housing, providing residential support, training, and resources to create a safe and clean living environment. The organization's mission is to provide housing facilities management and general management services, while also advocating for housing within the community for individuals with disabilities.
Official website here: www.comalt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Community Alternatives Management Group Inc has received an overall score of 81%, primarily based on its accountability and finance metrics. The organization excels in areas such as having a fully independent board and effective audit and oversight committees, which reflect strong governance practices. Their program expense ratio is notably high at 99.96%, indicating that nearly all their funds are directed towards their programs.
However, the organization faces challenges regarding its liabilities to assets ratio, scoring only 0 out of 15 points in this area. This suggests potential financial risks that could impact its long-term sustainability. Despite this, the charity's commitment to transparency is evident, as they have established conflict of interest and whistleblower policies, and maintain well-documented board meeting minutes. Overall, while the organization shows solid governance and program efficiency, attention to its financial leverage may be necessary for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is Community Alternatives Management Group Inc legitimate?
Community Alternatives Management Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Alternatives Management Group 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: $64,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $553,830
For more financial information, click here
Official website here: www.comalt.org
What is the mission statement of Community Alternatives Management Group Inc?
Community Alternatives Management Group Inc's mission is centered around providing housing facilities management and general management services, while also advocating for housing within the community for individuals with disabilities. The organization aims to offer quality housing for individuals who are homeless and have disabilities, currently managing around 90 homes in the greater Tidewater area. Housing fees are based on HUD recommendations and adjusted according to income and medical expenses. The supportive housing services provided by Community Alternatives Management Group Inc help individuals retain their housing arrangements, offering support and training to develop a safe, sanitary living environment, social skills, and daily living activities related to household management.
Official website here: www.comalt.org
Who is the CEO of Community Alternatives Management Group Inc?
Vincent S Gallo is the President of Community Alternatives Management Group Inc. The CEO's salary of Community Alternatives Management Group Inc is $0 and their total compensation is $205,859.
Official website here: www.comalt.org
What is the revenue of Community Alternatives Management Group Inc?
Community Alternatives Management Group Inc's revenue in 2023 was $1,637,226.
Official website here: www.comalt.org
Who are the executives of Community Alternatives Management Group Inc and what are their salaries?
There 5 volunteers at Community Alternatives Management Group Inc.
Here are 6 key members and their salaries (Community Alternatives Management Group Inc's CEO's salary is $0 and their total compensation is $205,859):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $194,331
- Other: $11,528
Official website here: www.comalt.org
Where can I find the form 990 for Community Alternatives Management Group Inc?
Community Alternatives Management Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.comalt.org
Learn more at the official website: www.comalt.org
Mission Statement of Community Alternatives Management Group Inc
Community Alternatives Management Group, Inc. (CAMG) is dedicated to providing housing facilities management and general management services with a focus on promoting housing within the community for individuals with disabilities. Their mission is to ensure that individuals who are homeless and have disabilities have access to quality housing. CAMG currently manages approximately 90 homes in the greater Tidewater area, with housing fees based on HUD recommendations and adjusted according to income and medical expenses. The organization offers supportive housing services, providing individuals with residential supports to help them maintain their housing arrangements. CAMG also offers support and training to assist individuals in developing a safe and sanitary living environment, as well as improving their social and interpersonal skills and abilities related to household management.
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Impact
July, 2024
Community Alternatives Management Group Inc has a significant impact on the community by providing quality housing for individuals who are homeless and have disabilities. Their management of approximately 90 homes in the Greater Tidewater area ensures that vulnerable individuals have a safe and stable place to live. By offering supportive housing services and residential supports, they empower individuals to retain their housing arrangements and improve their quality of life. Through their efforts, Community Alternatives Management Group Inc makes a tangible difference in promoting housing within the community for individuals with disabilities.
This information is meant to be a general summary of Community Alternatives Management Group 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: $295,373
- Program Service Revenue: $551,612
- Gross Receipts: $1,665,781
Assets and Liabilities:
- Total Assets: $5,246,686
- Total Liabilities: $4,997,209
- Net Assets: $249,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT AND SERVICE FEES
Revenue
$426,331
MANAGEMENT AND ADMINIS
Revenue
$108,215
PURCHASE OF SERVICES
Revenue
$17,066
Organization Details
Founding Year
1990
Phone
(757) 468-7000Principal Officer
Vincent S Gallo
Main Address
410 N CENTER DRIVE, NORFOLK, VA, 23502
Website
www.comalt.orgNTEE Category
Code: P73Z - Human services
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