Overview
What is Alpha Omega Veterans Services Inc?
Alpha Omega Veterans Services Inc, located in Memphis, Tennessee, is a dedicated nonprofit organization that focuses on supporting homeless and disabled veterans. Their mission encompasses providing housing, counseling, and job training with the ultimate goal of reintegrating these veterans back into their families and communities. The organization operates Homeless VA Centers and HUD Permanent Supportive Housing, employing a workforce of 40 individuals.
Official website here: www.alphaomegaveterans.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 4-Star out of Four Stars, 92%**
Alpha Omega Veterans Services Inc has received a commendable 4-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The score reflects excellent management practices, with 91% of the board being independent members and comprehensive oversight described in the fiscal documentation. However, the organization has notable gaps, such as missing whistleblower and document retention policies, which could be areas for improvement.
Financially, the nonprofit demonstrates a solid commitment to its mission, with an impressive program expense ratio of 80.48%, meaning a significant portion of its funds are directed towards its core services. The organization maintains a healthy working capital ratio along with no reported loans to or from officers, showcasing fiscal responsibility. Yet, its fundraising efficiency indicates some challenges, as highlighted by the minimal funds spent for fundraising efforts.
User reviews from GreatNonprofits could not be fetched, limiting the ability to reflect community sentiment. Overall, while Alpha Omega Veterans Services Inc shows robust financial health and operational accountability, addressing governance policy shortcomings would enhance its organizational credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Alpha Omega Veterans Services Inc legitimate?
Alpha Omega Veterans Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Omega Veterans Services 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $968,964
For more financial information, click here
Official website here: www.alphaomegaveterans.org
What is the mission statement of Alpha Omega Veterans Services Inc?
Alpha Omega Veterans Services Inc's mission is centered around providing support for homeless and disabled veterans. The organization aims to offer housing, counseling, and job training as a means to help these veterans reconnect with their families and communities. Their goal is to reintegrate these veterans back into society, providing them with the resources they need to lead fulfilling lives. Alpha Omega Veterans Services Inc operates homeless VA centers and utilizes HUD Permanent Supportive Housing to accommodate displaced and disabled veterans.
Official website here: www.alphaomegaveterans.org
Who is the CEO of Alpha Omega Veterans Services Inc?
Cordell Walker is the Chairman of Alpha Omega Veterans Services Inc.
Official website here: www.alphaomegaveterans.org
What is the revenue of Alpha Omega Veterans Services Inc?
Alpha Omega Veterans Services Inc's revenue in 2022 was $7,083,747.
Official website here: www.alphaomegaveterans.org
Who are the executives of Alpha Omega Veterans Services Inc and what are their salaries?
The average compensation at Alpha Omega Veterans Services Inc during 2022 was $26,849. There are 40 employees at Alpha Omega Veterans Services Inc.
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Official website here: www.alphaomegaveterans.org
Where can I find the form 990 for Alpha Omega Veterans Services Inc?
Alpha Omega Veterans Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alphaomegaveterans.org
Learn more at the official website: www.alphaomegaveterans.org
Mission Statement of Alpha Omega Veterans Services Inc
Alpha Omega Veterans Services Inc is dedicated to supporting homeless and disabled veterans, aiming to reintegrate them into their families and communities. The organization's mission encompasses providing housing, counseling, and job training opportunities for these veterans. By offering these services, Alpha Omega Veterans Services Inc seeks to empower these individuals, helping them regain their footing and rebuild their lives.
In practice, Alpha Omega Veterans Services Inc operates homeless veterans centers and utilizes HUD Permanent Supportive Housing to provide shelter and long-term support for disabled and displaced veterans. This approach allows the organization to address the complex needs of these veterans, providing them with a stable living environment and the resources they need to overcome their challenges. By focusing on housing, counseling, and job training, Alpha Omega Veterans Services Inc is able to holistically support the reintegration of homeless and disabled veterans into society.
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Impact
July, 2024
Alpha Omega Veterans Services Inc has a significant impact on homeless and disabled veterans by providing them with housing, counseling, and job training services. The organization's mission is focused on reintegrating these veterans with their families and communities. Through its efforts, Alpha Omega Veterans Services Inc offers homeless VA centers and HUD permanent supportive housing to disabled and displaced veterans in Memphis, TN. By addressing the critical needs of this vulnerable population, the organization contributes positively to improving the health and well-being of these veterans while also assisting them in rebuilding their lives and connections within society.
This information is meant to be a general summary of Alpha Omega Veterans Services 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: $938
- Program Service Revenue: $293,918
- Gross Receipts: $7,150,525
Assets and Liabilities:
- Total Assets: $10,826,978
- Total Liabilities: $595,228
- Net Assets: $10,231,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS TO VETERANS
Revenue
$268,573
URBAN FARM & GARDEN PR
Revenue
$25,094
LAUNDRY AND VENDING
Revenue
$251
Organization Details
Founding Year
1987
Phone
(901) 726-5066Principal Officer
Cordell Walker
Main Address
1183 MADISON AVE, MEMPHIS, TN, 38104
Website
www.alphaomegaveterans.orgNTEE Category
Code: E91Z - Health
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