Overview
What is Woodside Village Vi Inc?
Woodside Village Vi Inc is a nonprofit organization dedicated to making affordable housing accessible for the elderly and disabled. Their primary mission is to provide suitable living spaces for these individuals, ensuring they can maintain a comfortable and secure living environment. Based on the provided information, this organization is committed to delivering on its mission through its core activity of providing affordable housing.
Official website here: www.iehmv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Woodside Village Vi Inc has received an exceptional 97% rating from Charity Navigator, signifying a high level of accountability and financial health. This rating is derived entirely from its strong performance in the Accountability & Finance beacon, reflecting the organization's commitment to transparency and effective management of resources.
The organization boasts a fully independent board of directors, with all 10 members holding no ties to the organization, which is a significant strength. Additionally, Woodside Village has demonstrated robust fiscal responsibility, with a low liability-to-assets ratio of 42.18% and an impressive program expense ratio of 80.80%, indicating that a substantial portion of its funding goes directly to its programs and services.
While the overall score is commendable, there are no noted limitations or areas for improvement in the data reviewed. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, further enhances its reputation for good governance. Overall, Woodside Village Vi Inc stands out as a well-managed organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Woodside Village Vi Inc legitimate?
Woodside Village Vi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodside Village Vi 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: $47,331
For more financial information, click here
Official website here: www.iehmv.org
What is the mission statement of Woodside Village Vi Inc?
Woodside Village Vi Inc is committed to providing affordable housing for individuals who are elderly and disabled. This mission is carried out by offering housing solutions that cater to their specific needs. The organization strives to ensure that these individuals have access to suitable and affordable living spaces, thereby enhancing their quality of life. By offering affordable housing, Woodside Village Vi Inc aims to alleviate the financial burden associated with housing for this vulnerable group. The organization's activities are centered around providing a living environment that is both comfortable and affordable for the elderly and disabled.
Official website here: www.iehmv.org
Who is the CEO of Woodside Village Vi Inc?
Dorothy Young is the Principal Officer of Woodside Village Vi Inc.
Official website here: www.iehmv.org
What is the revenue of Woodside Village Vi Inc?
Woodside Village Vi Inc's revenue in 2023 was $166,076.
Official website here: www.iehmv.org
Who are the executives of Woodside Village Vi Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.iehmv.org
Where can I find the form 990 for Woodside Village Vi Inc?
Woodside Village Vi Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iehmv.org
Learn more at the official website: www.iehmv.org
Mission Statement of Woodside Village Vi Inc
Woodside Village Vi Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and disabled. This mission is central to their operations, ensuring that individuals who are elderly or disabled have access to suitable and reasonably priced housing options. By offering affordable housing, Woodside Village Vi Inc aims to provide a sense of security and stability for these vulnerable populations, enabling them to live with dignity and independence. The organization's commitment to this mission is evident in its day-to-day operations and its focus on meeting the unique housing needs of the elderly and disabled community.
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Impact
October, 2024
Woodside Village Vi Inc plays a crucial role in the community by providing affordable housing specifically designed for the elderly and disabled. Located in Vineyard Haven, MA, this organization addresses a vital need in the area, ensuring that vulnerable populations have access to safe and affordable living arrangements. By focusing on this demographic, Woodside Village Vi Inc contributes significantly to enhancing the quality of life for its residents, promoting independence and dignity. Its commitment to affordable housing directly supports the well-being of elderly individuals and those with disabilities, fostering a more inclusive and supportive community.
This information is meant to be a general summary of Woodside Village Vi 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: $357
- Program Service Revenue: $165,719
- Gross Receipts: $166,076
Assets and Liabilities:
- Total Assets: $924,689
- Total Liabilities: $390,062
- Net Assets: $534,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING FOR SENIORS
Revenue
$165,719
Organization Details
Founding Year
2003
Phone
(508) 693-5880Principal Officer
Dorothy Young
Main Address
60B VILLAGE ROAD, VINEYARD HAVEN, MA, 02568
Website
www.iehmv.orgNTEE Category
Code: L22 - Housing
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