Overview
What is St Vincent De Paul Gardens Inc?
St. Vincent de Paul Gardens Inc. is a nonprofit organization situated in Lauderdale Lakes, Florida. Their primary mission is to provide affordable housing for the elderly and handicapped individuals, operating under a HUD project. They offer rental units as part of this initiative, catering to this specific demographic. By doing so, they contribute to the community by providing a secure living environment for these individuals, thereby enhancing their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
St. Vincent De Paul Gardens Inc has achieved an impressive 94% rating, which reflects its strong performance in accountability and finance. The charity's high score is attributed solely to its accountability measures, showcasing a commitment to transparency and responsible financial management. Notably, the organization boasts a fully independent board with 100% of its members meeting independence criteria, which enhances its governance structure.
The organization also scores exceptionally well in various financial metrics, including a program expense ratio of 91.10%, indicating that a significant portion of its budget is directed towards its charitable programs. Additionally, there are no reported material diversions of assets, and policies regarding conflicts of interest and whistleblower protections are in place, which further solidifies its ethical standing.
However, while the rating highlights strong financial practices and accountability, specific user feedback or external evaluations on the overall impact of its programs are not detailed in the data. This leaves a gap in understanding how effectively the organization meets its mission beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is St Vincent De Paul Gardens Inc legitimate?
St Vincent De Paul Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Vincent De Paul Gardens 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $182,673
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What is the mission statement of St Vincent De Paul Gardens Inc?
St. Vincent De Paul Gardens Inc. is dedicated to providing affordable housing for the elderly and handicapped individuals. Through a HUD-funded project, they offer rental units to cater to this specific demographic. Located in Lauderdale Lakes, FL, their mission is centered around offering a living space that is accessible to those in need, contributing to their comfort and well-being.
Who is the CEO of St Vincent De Paul Gardens Inc?
Rev Marcos Somarriba is the President of St Vincent De Paul Gardens Inc.
What is the revenue of St Vincent De Paul Gardens Inc?
St Vincent De Paul Gardens Inc's revenue in 2023 was $1,009,774.
Who are the executives of St Vincent De Paul Gardens Inc and what are their salaries?
The average compensation at St Vincent De Paul Gardens Inc during 2023 was $30,446. There are 6 employees and 6 volunteers at St Vincent De Paul Gardens Inc.
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Where can I find the form 990 for St Vincent De Paul Gardens Inc?
St Vincent De Paul Gardens Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Vincent De Paul Gardens Inc
St. Vincent De Paul Gardens Inc is dedicated to providing affordable housing for the elderly and handicapped community. Through a HUD-funded project, this nonprofit organization offers rental units as a solution for low-income elderly individuals. By offering a secure living environment, St. Vincent De Paul Gardens Inc aims to improve the quality of life for its residents, providing them with a sense of independence and dignity. The organization's mission is centered around supporting those who may face challenges in securing suitable housing, ensuring they can age gracefully and comfortably in their own homes.
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Impact
July, 2024
St Vincent De Paul Gardens Inc has a significant impact on the community by providing low-income elderly individuals with affordable housing options. Through their HUD project, they offer rental units to elderly and handicapped persons, ensuring that these vulnerable populations have a safe and comfortable place to call home in Lauderdale Lakes, FL. This initiative directly addresses the pressing need for affordable housing for seniors, contributing to their well-being and quality of life.
This information is meant to be a general summary of St Vincent De Paul Gardens 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: $23,850
- Program Service Revenue: $985,924
- Gross Receipts: $1,009,774
Assets and Liabilities:
- Total Assets: $6,184,555
- Total Liabilities: $414,061
- Net Assets: $5,770,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$691,020
RENTAL INCOME, NET
Revenue
$288,122
COIN LAUNDRY AND VENDI
Revenue
$6,342
TENANT CHARGES
Revenue
$440
Organization Details
Founding Year
2007
Phone
(954) 484-1515Principal Officer
Rev Marcos Somarriba
Main Address
4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319
NTEE Category
Code: L21 - Housing
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