Overview
What is Houston Voa Elderly Housing Inc Lakeview Place?
Houston Voa Elderly Housing Inc Lakeview Place is a nonprofit organization situated at 1660 Duke Street, Alexandria, Virginia 22314. Their primary mission, as stated under Section 202 of the National Housing Act, is to provide housing for elderly and disabled individuals and families. This is carried out through an agreement with the Department of Housing and Urban Development (HUD). Their activities are centered around providing a home for those in need, offering a supportive environment that caters to the unique requirements of the elderly and disabled.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Houston Voa Elderly Housing Inc Lakeview Place has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 79% overall, with a strong emphasis on its Accountability & Finance metrics, reflecting a commitment to transparency and responsible financial practices.
One notable strength is the independent governance structure, with 86% of its board members being independent. This independence can enhance decision-making and oversight. The organization has also demonstrated effective financial practices, achieving a high program expense ratio of 92.28%, which suggests that a significant portion of its funds directly supports its programs.
While the overall rating is positive, areas for improvement are not explicitly noted in the available data. The charity's governance policies, including conflict of interest and whistleblower protections, are in place, contributing to a robust framework for operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Houston Voa Elderly Housing Inc Lakeview Place legitimate?
Houston Voa Elderly Housing Inc Lakeview Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Voa Elderly Housing Inc Lakeview Place 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: $205,253
For more financial information, click here
What is the mission statement of Houston Voa Elderly Housing Inc Lakeview Place?
Houston Voa Elderly Housing Inc. Lakeview Place's mission is centered around providing housing solutions for elderly and disabled individuals and their families. This is carried out under Section 202 of the National Housing Act, in a collaborative agreement with the Department of HUD. Their primary objective is to offer a secure living environment for this specific demographic, ensuring they have access to the housing they need. The organization's efforts are instrumental in supporting the well-being and independence of these individuals, thereby enhancing their quality of life.
What is the revenue of Houston Voa Elderly Housing Inc Lakeview Place?
Houston Voa Elderly Housing Inc Lakeview Place's revenue in 2024 was $936,512.
Who are the executives of Houston Voa Elderly Housing Inc Lakeview Place and what are their salaries?
Here are 23 key members and their salaries:
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- Related: $645,785
- Other: $179,300
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- Related: $432,820
- Other: $72,837
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- Related: $340,552
- Other: $108,473
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- Related: $290,542
- Other: $26,987
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- Related: $258,187
- Other: $40,162
- Compensation: $0
- Related: $180,262
- Other: $95,108
- Compensation: $0
- Related: $215,519
- Other: $4,998
- Compensation: $0
- Related: $167,386
- Other: $17,712
- Compensation: $0
- Related: $138,895
- Other: $20,965
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Where can I find the form 990 for Houston Voa Elderly Housing Inc Lakeview Place?
Houston Voa Elderly Housing Inc Lakeview Place's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Houston Voa Elderly Housing Inc Lakeview Place
Houston Voa Elderly Housing Inc Lakeview Place is dedicated to providing housing solutions for elderly and disabled individuals and families, operating under Section 202 of the National Housing Act. The organization has entered into an agreement with the Department of HUD to fulfill this mission, ensuring a safe and secure living environment for its residents. By doing so, Houston Voa Elderly Housing Inc Lakeview Place contributes to the well-being and independence of its residents, enabling them to maintain their quality of life and age with dignity. The organization's focus on providing housing for this specific demographic is crucial in addressing the unique needs and challenges that elderly and disabled individuals often face.
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Impact
July, 2024
Houston Voa Elderly Housing Inc Lakeview Place provides essential housing services to elderly and disabled individuals and families under Section 202 of the National Housing Act. By offering safe and affordable housing in collaboration with the Department of Housing and Urban Development (HUD), this organization positively impacts the lives of vulnerable populations in Alexandria, VA. Through its mission of providing housing assistance to those in need, Houston Voa Elderly Housing Inc Lakeview Place contributes to improving the quality of life and overall well-being of its residents.
This information is meant to be a general summary of Houston Voa Elderly Housing Inc Lakeview Place. 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 2024.
- Investment Income: $1,516
- Program Service Revenue: $934,996
- Gross Receipts: $936,512
Assets and Liabilities:
- Total Assets: $3,433,038
- Total Liabilities: $3,492,945
- Net Assets: -$59,907
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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
$934,996
Organization Details
Founding Year
1987
Principal Officer
Peter Desjardins
NTEE Category
Code: L21Z - Housing
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