Central Virginia Housing Coalition

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541500474 ✦ Fredericksburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Central Virginia Housing Coalition?

Central Virginia Housing Coalition is a nonprofit organization situated in Fredericksburg, Virginia. With a dedicated team of 31 employees, their primary mission is to enhance the local quality of life by offering affordable housing opportunities to low-income families. They accomplish this through various means, including coalition building, education, counseling, and financial assistance. Their services include HUD-certified counseling to help families and individuals become successful renters, provide credit and budget guidance, and avoid foreclosure. They also offer the VHDA Homeowner class for individuals seeking to purchase a home. Additionally, Central Virginia Housing Coalition administers the Housing Choice Voucher Program for Planning District 16 and Fauquier County, and they manage a selection of affordable housing units available for rent.


Official website here: www.centralvahousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Central Virginia Housing Coalition has received a commendable Four-Star rating from Charity Navigator, with a score of 96%. This rating is based entirely on the organization's accountability and finance metrics, indicating a strong commitment to ethical practices and financial transparency. The organization demonstrates a robust governance structure, with a fully independent board and effective oversight mechanisms, ensuring that it operates with integrity.

One of the key strengths highlighted is the Coalition's impressive financial health, as reflected in its low liabilities to assets ratio of 25.21% and a high program expense ratio of 96.05%. This suggests that the majority of its funds are directed towards its mission, which likely enhances its impact in the community it serves. The presence of various policies such as conflict of interest and whistleblower protections further underscores its commitment to accountability.

While the data reflects a strong organizational performance, it is essential for potential supporters and beneficiaries to remain informed about the Coalition's ongoing activities and community outcomes. Continued transparency in reporting and engagement with stakeholders will be crucial for maintaining trust and support in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Central Virginia Housing Coalition legitimate?

Central Virginia Housing Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Virginia Housing Coalition 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: $1,106,090

For more financial information, click here


Official website here: www.centralvahousing.org

What is the mission statement of Central Virginia Housing Coalition?

The Central Virginia Housing Coalition aims to enhance the local community's quality of life by offering affordable housing opportunities to low-income families. They accomplish this goal through various means, including coalition building, education, counseling, and financial assistance. The organization provides HUD-certified counseling to educate individuals and families on becoming successful renters, credit management, budgeting, and avoiding foreclosure. They also offer the VHDA Homeownership Class for those interested in purchasing a home. The Central Virginia Housing Coalition administers the Housing Choice Voucher Program for Planning District 16 and Fauquier County. Additionally, the coalition manages a range of affordable housing units available for rent.


Official website here: www.centralvahousing.org

Who is the CEO of Central Virginia Housing Coalition?

Carl G Bardy is the President of Central Virginia Housing Coalition.


Official website here: www.centralvahousing.org

What is the revenue of Central Virginia Housing Coalition?

Central Virginia Housing Coalition's revenue in 2023 was $2,009,408.


Official website here: www.centralvahousing.org

Who are the executives of Central Virginia Housing Coalition and what are their salaries?

The average compensation at Central Virginia Housing Coalition during 2023 was $35,680. There are 31 employees and 13 volunteers at Central Virginia Housing Coalition.


Here are 14 key members and their salaries:


Kevin Fastabend (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Flurry (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda May (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joby Saliceti (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Adkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mccellan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Crutchfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Halsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Janney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Rathbun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Elliott (Life Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Snead (Life Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Scully (Life Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centralvahousing.org

Where can I find the form 990 for Central Virginia Housing Coalition?

Central Virginia Housing Coalition's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.centralvahousing.org

Learn more at the official website: www.centralvahousing.org

Mission Statement of Central Virginia Housing Coalition

Central Virginia Housing Coalition, a nonprofit organization, aims to enhance the regional quality of life by offering affordable housing opportunities to low-income families. They accomplish this mission through various means, including coalition building, education, counseling, and financial assistance. The organization conducts HUD-certified counseling sessions to educate families and individuals on becoming successful renters, managing credit, creating budgets, and avoiding foreclosure. Additionally, they provide classes tailored to individuals interested in homeownership, such as the VHDA Homeownership Class.

Central Virginia Housing Coalition is also responsible for administering the Housing Choice Voucher Program for Planning District 16 and Fauquier County. Furthermore, the organization offers a range of affordable housing units for rent through their own resources. By providing these services, Central Virginia Housing Coalition plays a vital role in helping low-income families secure stable housing, ultimately improving their overall living conditions.

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Impact




July, 2024

Central Virginia Housing Coalition's impact is significant in improving the regional quality of life by providing affordable housing opportunities to low-income families. Through coalition efforts, education, counseling, and financial assistance, they help individuals and families become successful renters, provide credit and budget counseling, and offer classes on avoiding foreclosure. Additionally, they administer the Housing Choice Voucher program for Planning District 16 and Fauquier County and make various affordable housing units available for rent. Their work directly addresses the critical need for affordable housing in the community.




This information is meant to be a general summary of Central Virginia Housing Coalition. 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.

Revenue
$2,009,408 (2023)
Expenses
$2,207,909 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,123
  • Program Service Revenue: $1,903,369
  • Gross Receipts: $2,027,150

Assets and Liabilities:

  • Total Assets: $9,544,711
  • Total Liabilities: $2,406,871
  • Net Assets: $7,137,840

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE FEES

Revenue

$1,258,913

RENTAL INCOME

Revenue

$644,456

Organization Details

Founding Year

1988

Principal Officer

Carl G Bardy

Main Address

2300 CHARLES STREET, FREDERICKSBURG, VA, 22401

NTEE Category

Code: L80 - Housing

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