Broome County Voa Housing Development Fund Corporation

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

EIN: 581917708 ✦ Binghamton, NY ✦ Designated as a 501(c)(3)

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Overview

What is Broome County Voa Housing Development Fund Corporation?

The Broome County Voa Housing Development Fund Corporation, affiliated with Volunteers of America, is a nonprofit organization committed to serving the housing needs of around 20 handicapped individuals. Their mission involves providing subsidized living accommodations as a means of supporting this vulnerable group. The organization operates within the Broome County area, contributing to the well-being of the handicapped community by offering them a secure and accessible living environment.


Official website here: www.voa.org/housing_properties/broome-

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

Broome County Voa Housing Development Fund Corporation has received a solid rating indicating a good level of accountability and financial health. The organization has demonstrated a robust governance structure, with 86% of board members being independent, which is a significant strength. Additionally, there are no reported issues with material diversion of assets, and the organization has established clear policies for conflict of interest, whistleblower protection, and document retention.

The charity's program expense ratio stands at 79.25%, indicating that a substantial portion of its budget is allocated towards its programs rather than administrative expenses. This reflects a commitment to effectively utilizing funds for its mission. Overall, the charity appears to be well-managed, with strong transparency practices and no major financial concerns noted in the data.


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

Is Broome County Voa Housing Development Fund Corporation legitimate?

Broome County Voa Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broome County Voa Housing Development Fund Corporation submitted a form 990EZ, 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.


Official website here: www.voa.org/housing_properties/broome-

What is the mission statement of Broome County Voa Housing Development Fund Corporation?

The Volunteers of America - Broome County VOA Development Fund Corporation's mission is centered around providing supportive housing. Specifically, they offer subsidized accommodation to around 20 individuals with handicaps, contributing to their mission to assist this particular group. This organization's primary activity is aimed at enhancing the living conditions and support systems for these handicapped individuals.


Official website here: www.voa.org/housing_properties/broome-

Who is the CEO of Broome County Voa Housing Development Fund Corporation?

Michael W King is the President of Broome County Voa Housing Development Fund Corporation.


Official website here: www.voa.org/housing_properties/broome-

What is the revenue of Broome County Voa Housing Development Fund Corporation?

Broome County Voa Housing Development Fund Corporation's revenue in 2023 was $144,675.


Official website here: www.voa.org/housing_properties/broome-

Who are the executives of Broome County Voa Housing Development Fund Corporation and what are their salaries?


Here are 23 key members and their salaries:


Patti Arnold (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Rase (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Burks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Dolan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Bloom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwina Carrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Edeburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Knapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Mullen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Petersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Voris Vigee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pierre Vigilance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael W King (President)
  • Compensation: $596,644
  • Related: $0
  • Other: $0
Sharon Wilson Geno (Asst Sec/Tre)
  • Compensation: $329,561
  • Related: $0
  • Other: $0
Joseph Budzynski (Asst Sec/Tre)
  • Compensation: $319,790
  • Related: $0
  • Other: $0
Milford W Moyer (Asst. Sec/Tr)
  • Compensation: $240,852
  • Related: $0
  • Other: $0
Kimberly King (Asst. Sec/Tr)
  • Compensation: $314,949
  • Related: $0
  • Other: $0
Peter Desjardins (Asst. Sec/Tr)
  • Compensation: $239,275
  • Related: $0
  • Other: $0
Nancy Gavin (Asst. Sec/Tr)
  • Compensation: $185,410
  • Related: $0
  • Other: $0
Faith Nutz (Asst. Sec/Tr)
  • Compensation: $147,670
  • Related: $0
  • Other: $0
David Paskoff (Asst. Sec/Tr)
  • Compensation: $161,240
  • Related: $0
  • Other: $0


Official website here: www.voa.org/housing_properties/broome-

Where can I find the form 990EZ for Broome County Voa Housing Development Fund Corporation?

Broome County Voa Housing Development Fund Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.voa.org/housing_properties/broome-

Learn more at the official website: www.voa.org/housing_properties/broome-

Mission Statement of Broome County Voa Housing Development Fund Corporation

Broome County VoA Housing Development Fund Corporation, as part of the Volunteers of America organization, is dedicated to supporting handicapped individuals. This nonprofit organization fulfills its mission by providing subsidized housing for approximately 20 individuals who fall under this category. The corporation's primary goal is to enhance the living conditions and overall well-being of these individuals, thereby contributing to their overall quality of life. By offering subsidized housing, the Broome County VoA Housing Development Fund Corporation is able to make housing more affordable for this vulnerable group, thereby enabling them to live with dignity and independence. The organization's commitment to this mission is a testament to its dedication to supporting individuals with disabilities and ensuring that they have access to essential resources, such as housing, which is often a challenge for this group.

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Impact




October, 2024

Broome County Voa Housing Development Fund Corporation significantly contributes to the well-being of individuals in Binghamton, NY, by providing subsidized housing for approximately 20 handicapped individuals. This initiative not only addresses the critical need for accessible living accommodations but also fosters a supportive community environment for those in need.

By ensuring that individuals with disabilities have access to safe and affordable housing, the organization plays a vital role in enhancing their quality of life and promoting independence. The impact extends beyond housing; it empowers residents by helping them integrate more fully into the community, reducing the isolation often felt by individuals with disabilities. Overall, the Broome County Voa Housing Development Fund Corporation is dedicated to community improvement and the advancement of vulnerable populations, making a tangible difference in the lives of its residents.




This information is meant to be a general summary of Broome County Voa Housing Development Fund Corporation. 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
$144,675 (2023)
Expenses
$193,606 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $127
  • Program Service Revenue: $144,548
  • Gross Receipts: $144,675

Assets and Liabilities:

  • Total Assets: $436,884
  • Total Liabilities: $1,251,715
  • Net Assets: -$814,831

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Organization Details

Principal Officer

Michael W King

Main Address

21 NEW STREET, BINGHAMTON, NY, 13903

NTEE Category

Code: S80 - Community improvement

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