Overview
What is Harrisburg Voa Elderly Housing Inc Laurel Towers?
Harrisburg Voa Elderly Housing Inc Laurel Towers is a nonprofit organization located at 1660 Duke Street, Alexandria, Virginia 22314. Their primary mission is to provide housing for elderly and disabled individuals and families, in accordance with Section 202 of the National Housing Act. They operate under an agreement with the Department of HUD, ensuring that suitable living arrangements are available for this particular demographic. Their service extends to offering a supportive and inclusive environment, fostering a sense of community and wellbeing for the individuals residing in their facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. The rating reflects Harrisburg Voa Elderly Housing Inc Laurel Towers' performance and accountability in managing finances and governance. While the organization has a high program expense ratio of 95.15%, indicating that a significant portion of its funding goes directly to its programs, there are critical areas for improvement, particularly in accountability and transparency.
One notable strength is the organization's independent board composition, with 42% of its members being independent, which supports governance quality. Furthermore, the nonprofit has robust policies in place, such as a conflict of interest and whistleblower policy, both of which are essential for ethical oversight. However, the organization's lack of a website listed on its tax form and the absence of posted financial documents on its website raise concerns about transparency.
Additionally, the organization faces challenges related to its liabilities, with a liabilities to assets ratio of 127.02%, suggesting potential financial stability issues. This could affect its ability to sustain its operations in the long term. Overall, while Harrisburg Voa Elderly Housing Inc Laurel Towers has strengths in program spending and some governance aspects, there are significant areas needing attention to enhance its accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Harrisburg Voa Elderly Housing Inc Laurel Towers legitimate?
Harrisburg Voa Elderly Housing Inc Laurel Towers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harrisburg Voa Elderly Housing Inc Laurel Towers 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: $133,591
For more financial information, click here
What is the mission statement of Harrisburg Voa Elderly Housing Inc Laurel Towers?
Harrisburg VOA Elderly Housing Inc. Laurel Towers is committed to providing housing solutions for elderly and disabled individuals and families, in adherence to Section 202 of the National Housing Act. They operate under an agreement with the Department of Housing and Urban Development (HUD). Their primary objective is to offer a safe and comfortable living environment, ensuring that these vulnerable groups have access to suitable housing facilities. The organization's mission is rooted in the belief that everyone deserves a decent place to call home, regardless of age or disability status. They strive to maintain a supportive community where residents can live independently with dignity and respect. In essence, Harrisburg VOA Elderly Housing Inc. Laurel Towers serves as a beacon of hope, providing essential housing solutions for those in need.
Who is the CEO of Harrisburg Voa Elderly Housing Inc Laurel Towers?
Peter Desjardins is the Secretary/Tr of Harrisburg Voa Elderly Housing Inc Laurel Towers.
What is the revenue of Harrisburg Voa Elderly Housing Inc Laurel Towers?
Harrisburg Voa Elderly Housing Inc Laurel Towers's revenue in 2023 was $1,133,953.
Who are the executives of Harrisburg Voa Elderly Housing Inc Laurel Towers and what are their salaries?
Here are 14 key members and their salaries:
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- Related: $329,561
- Other: $152,258
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- Related: $319,790
- Other: $98,843
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- Related: $314,949
- Other: $65,001
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- Related: $239,275
- Other: $38,298
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- Other: $0
Where can I find the form 990 for Harrisburg Voa Elderly Housing Inc Laurel Towers?
Harrisburg Voa Elderly Housing Inc Laurel Towers's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Harrisburg Voa Elderly Housing Inc Laurel Towers
Harrisburg VoA Elderly Housing Inc. Laurel Towers is dedicated to providing housing solutions for elderly and disabled individuals and families. This mission is carried out under Section 202 of the National Housing Act, in collaboration with the Department of HUD. The organization's primary goal is to create a housing environment that caters to the unique needs of this specific demographic, offering them a safe and comfortable living space. By doing so, Harrisburg VoA Elderly Housing Inc. Laurel Towers aims to contribute to the well-being and independence of these individuals, allowing them to lead fulfilling lives with dignity and respect.
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Impact
July, 2024
Harrisburg Voa Elderly Housing Inc Laurel Towers provides essential housing to elderly and disabled individuals and families under Section 202 of the National Housing Act through an agreement with the Department of Housing and Urban Development (HUD). This organization addresses the critical need for safe and affordable housing for vulnerable populations, contributing to their overall well-being and quality of life. By offering a stable living environment, Harrisburg Voa Elderly Housing Inc Laurel Towers positively impacts the lives of its residents, fostering a sense of security and community.
This information is meant to be a general summary of Harrisburg Voa Elderly Housing Inc Laurel Towers. 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: $3,647
- Program Service Revenue: $1,130,306
- Gross Receipts: $1,133,953
Assets and Liabilities:
- Total Assets: $6,196,451
- Total Liabilities: $7,871,282
- Net Assets: -$1,674,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF ELDERLY HOUSING
Revenue
$1,062,664
SERVICE COORD REVENUE
Revenue
$67,642
Organization Details
Founding Year
1987
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: L21Z - Housing
If you are a representative of Harrisburg Voa Elderly Housing Inc Laurel Towers and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.