Overview
What is Vicksburg Elderly Housing Inc?
Vicksburg Elderly Housing Inc, located in Atlanta, Georgia, is a nonprofit organization dedicated to providing housing solutions for low-income elderly individuals. In line with the Department of Housing and Urban Development's requirements, they operate and maintain an apartment complex specifically designed for this demographic. Their primary mission is to own and operate a rental housing property under Section 202 of the National Housing Act, offering a safe and supportive living environment for the elderly community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Vicksburg Elderly Housing Inc has received a Three-Star rating from Charity Navigator, which indicates a solid performance primarily in its accountability and finance measures. The overall score reflects a strong emphasis on financial transparency, with a distinctive 79% Accountability & Finance score that contributes to its standing. This rating suggests that the organization is managing its resources responsibly.
The nonprofit showcases several organizational strengths, including a fully independent board and substantial program expense ratio, with 91.24% of its expenditures allocated to its programs. The board operates effectively, as evidenced by perfect scores in areas like audit and oversight, conflict of interest policy, and whistleblower protections. These factors reflect the organization’s commitment to ethical governance and operational integrity.
However, while the organization performs well on its accountability metrics, further information on its programmatic impact and overall effectiveness could provide a more comprehensive understanding of its contributions to the community it serves. Overall, Vicksburg Elderly Housing Inc demonstrates a firm foundation in accountability, although insights into its outcomes would enhance the evaluation of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Vicksburg Elderly Housing Inc legitimate?
Vicksburg Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vicksburg Elderly Housing 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: $117,007
For more financial information, click here
What is the mission statement of Vicksburg Elderly Housing Inc?
Vicksburg Elderly Housing Inc., as a nonprofit organization, is dedicated to owning and operating a rental housing property specifically for low-income elderly individuals. This mission aligns with Section 202 of the National Housing Act. Their primary objective is to provide a suitable living space for this demographic, ensuring their needs are met. The organization is responsible for the operation and maintenance of the apartment complex in accordance with the requirements set by the Department of Housing and Urban Development. The goal is to provide a comfortable and safe living environment for this vulnerable population.
Who is the CEO of Vicksburg Elderly Housing Inc?
Gerald Eickhoff is the President of Vicksburg Elderly Housing Inc.
What is the revenue of Vicksburg Elderly Housing Inc?
Vicksburg Elderly Housing Inc's revenue in 2022 was $652,753.
Who are the executives of Vicksburg Elderly Housing Inc and what are their salaries?
There 7 volunteers at Vicksburg Elderly Housing Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Vicksburg Elderly Housing Inc?
Vicksburg Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vicksburg Elderly Housing Inc
Vicksburg Elderly Housing Inc, as a nonprofit organization, is committed to owning and operating a rental housing property specifically for low-income elderly individuals. This mission is in line with Section 202 of the National Housing Act. The organization's primary objective is to provide a suitable living space for this particular demographic, ensuring they have access to comfortable and well-maintained accommodation. To achieve this, Vicksburg Elderly Housing Inc adheres to the requirements set by the Department of Housing and Urban Development, ensuring the operation and upkeep of the apartment complex meet the necessary standards. The organization's mission is a significant contribution to the community, providing a secure and supportive living environment for the elderly population, thereby enriching their quality of life.
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Impact
July, 2024
Vicksburg Elderly Housing Inc's impact lies in providing essential housing services to low-income elderly persons in accordance with the Department of Housing and Urban Development's requirements. Through the operation and maintenance of an apartment complex under Section 202 of the National Housing Act, this organization plays a crucial role in ensuring that elderly individuals have access to safe and affordable housing. By offering this much-needed support, Vicksburg Elderly Housing Inc helps enhance the quality of life for vulnerable members of the community who may otherwise struggle to find suitable accommodation.
This information is meant to be a general summary of Vicksburg Elderly Housing 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 2022.
- Investment Income: $1,227
- Program Service Revenue: $648,773
- Gross Receipts: $652,753
Assets and Liabilities:
- Total Assets: $502,737
- Total Liabilities: $845,619
- Net Assets: -$342,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD SUBSIDY RENTAL INC
Revenue
$513,159
RENTAL AND OTHER INCOM
Revenue
$135,614
Organization Details
Founding Year
1986
Phone
(770) 496-0598Principal Officer
Gerald Eickhoff
Main Address
PO BOX 450049, ATLANTA, GA, 31145
NTEE Category
Code: L22Z - Housing
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