Katherine Vickery Group Home Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581891189 ✦ Clanton, AL ✦ Designated as a 501(c)(3)

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Overview

What is Katherine Vickery Group Home Inc?

Katherine Vickery Group Home Inc is a nonprofit organization situated in Canton, Alabama. It operates a 10-unit multi-family housing unit, specifically catering to the elderly and individuals with disabilities, under HUD Section 202 Housing for the Elderly and Handicapped. In 2022, this organization provided housing for ten families. The mission of Katherine Vickery Group Home Inc is to offer elderly and disabled individuals housing facilities and services, tailored to meet their physical, social, and psychological needs. The primary objective is to promote their health, security, happiness, and overall well-being in their longer living.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Katherine Vickery Group Home Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity's score is heavily based on its accountability metrics, reflecting its commitment to transparency and responsible management. Specifically, the organization scored 100% for having a majority of independent board members, which contributes positively to its governance.

The group's strengths are evident in its policies and practices, such as the existence of comprehensive conflict of interest and whistleblower policies, both of which scored full marks. Furthermore, the charity's program expense ratio is notably high at 74.84%, suggesting that a significant portion of its funds is directed towards its mission-related activities, thereby enhancing its operational credibility.

However, the organization faces a notable limitation with a liabilities to assets ratio of 105.11%, indicating that its liabilities exceed its assets. This could signal potential financial challenges or instability, which might be a concern for donors and stakeholders, despite its overall strong accountability framework.


This AI summary has been generated from information found on Charity Navigator.

Is Katherine Vickery Group Home Inc legitimate?

Katherine Vickery Group Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Katherine Vickery Group Home 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: $0

For more financial information, click here

What is the mission statement of Katherine Vickery Group Home Inc?

The Katherine Vickery Group Home Inc is dedicated to providing specialized housing facilities and services for the elderly and disabled individuals, aiming to cater to their physical, social, and psychological needs. The organization's commitment extends to promoting their health, security, happiness, and overall usefulness in their extended living. They operate a 10-unit multi-family housing unit under HUD Section 202 Housing for the Elderly and Handicapped, providing housing solutions for ten families in 2022. The primary goal of Katherine Vickery Group Home Inc is to enhance the quality of life for its residents and ensure their well-being in a supportive environment.

Who is the CEO of Katherine Vickery Group Home Inc?

Richard Fallin is the Principal Officer of Katherine Vickery Group Home Inc.

What is the revenue of Katherine Vickery Group Home Inc?

Katherine Vickery Group Home Inc's revenue in 2022 was $67,973.

Who are the executives of Katherine Vickery Group Home Inc and what are their salaries?


Here are 3 key members and their salaries:


Jody Gothard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Robinson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Mims (Secretary/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Katherine Vickery Group Home Inc?

Katherine Vickery Group Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Katherine Vickery Group Home Inc

Katherine Vickery Group Home Inc is dedicated to providing a living environment that caters specifically to the needs of elderly and handicapped individuals. This mission is rooted in the belief that these individuals deserve housing facilities and services designed to enhance their physical, social, and psychological well-being. The organization aims to promote the health, security, happiness, and usefulness of its residents, allowing them to live comfortably and independently for as long as possible. Under the HUD Section 202 Housing for the Elderly and Handicapped, Katherine Vickery Group Home Inc operates a 10-unit multi-family housing unit, providing a home for 10 families in 2022. The organization's commitment to its residents extends beyond the four walls of the housing unit, ensuring a comprehensive living experience that fosters their overall well-being.

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Impact




August, 2024

The Katherine Vickery Group Home Inc's impact can be seen through its operation of a 10-unit multi-family housing unit under HUD Section 202 housing for the elderly and handicapped in Clanton, AL. By providing housing for 10 families in 2022, the organization is fulfilling its mission of offering elderly and handicapped individuals housing facilities and services tailored to meet their physical, social, and psychological needs. Through its commitment to promoting the health, security, happiness, and usefulness of its residents in longer living, the Katherine Vickery Group Home Inc is making a positive impact on the lives of those in need in the community.




This information is meant to be a general summary of Katherine Vickery Group Home 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.

Revenue
$67,973 (2022)
Expenses
$63,495 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $49
  • Program Service Revenue: $24,112
  • Gross Receipts: $67,973

Assets and Liabilities:

  • Total Assets: $150,641
  • Total Liabilities: $158,347
  • Net Assets: -$7,706

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$24,112

Organization Details

Founding Year

1989

Principal Officer

Richard Fallin

Main Address

110 MEDICAL CENTER DRIVE, CLANTON, AL, 35045

NTEE Category

Code: L20 - Housing

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