Overview
What is Brewton Voa Elderly Housing Inc?
Brewton Voa Elderly Housing Inc is a nonprofit organization situated in Mobile, Alabama. Their primary mission involves owning and managing a 38-unit apartment complex, designed to cater to the elderly population and provide them with affordable housing. Alongside the housing service, this organization offers support services to ensure the elderly residents live comfortably. This housing project falls under the Section 8-202 HUD program, which focuses on supplying low-income housing options.
Official website here: www.voase.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Brewton Voa Elderly Housing Inc has achieved an impressive 97% rating on Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on their accountability and finance beacon, reflecting strong governance practices and financial management. The organization boasts a fully independent board, with 87% of its members being independent, and has successfully established essential policies such as conflict of interest and whistleblower policies.
The organization's financial metrics are equally commendable, with no material diversion of assets reported and a liabilities to assets ratio of just 15.01%. Furthermore, Brewton Voa Elderly Housing allocates all its expenses towards its programs, with a program expense ratio of 100%, demonstrating a strong commitment to its mission of supporting the elderly community.
Overall, the organization exemplifies best practices in transparency and financial stewardship, which are critical for fostering trust with donors and beneficiaries alike. No limitations were noted in the available data, indicating a strong and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Brewton Voa Elderly Housing Inc legitimate?
Brewton Voa Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brewton Voa Elderly Housing 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: $24,776
For more financial information, click here
Official website here: www.voase.org
What is the mission statement of Brewton Voa Elderly Housing Inc?
Brewton Voa Elderly Housing Inc is committed to owning and operating a 38-unit apartment complex that provides affordable housing and support services for the elderly. Their mission is centered around offering a living space for individuals with limited income, while also offering essential assistance to enhance their quality of life. The organization strives to create a supportive environment that caters to the specific needs of the elderly population.
Official website here: www.voase.org
Who is the CEO of Brewton Voa Elderly Housing Inc?
Robert Rogers is the Chair of Brewton Voa Elderly Housing Inc. The CEO's salary of Brewton Voa Elderly Housing Inc is $0 and their total compensation is $335,768.
Official website here: www.voase.org
What is the revenue of Brewton Voa Elderly Housing Inc?
Brewton Voa Elderly Housing Inc's revenue in 2023 was $173,086.
Official website here: www.voase.org
Who are the executives of Brewton Voa Elderly Housing Inc and what are their salaries?
There 7 volunteers at Brewton Voa Elderly Housing Inc.
Here are 8 key members and their salaries (Brewton Voa Elderly Housing Inc's CEO's salary is $0 and their total compensation is $335,768):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $289,600
- Other: $46,168
Official website here: www.voase.org
Where can I find the form 990 for Brewton Voa Elderly Housing Inc?
Brewton Voa Elderly Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.voase.org
Learn more at the official website: www.voase.org
Mission Statement of Brewton Voa Elderly Housing Inc
Brewton Voa Elderly Housing Inc is dedicated to providing affordable housing and support services for the elderly. As the name suggests, this nonprofit organization owns and operates a 38-unit apartment complex specifically designed for low-income elderly individuals. The mission of Brewton Voa Elderly Housing Inc extends beyond just offering a place to live. It aims to provide a supportive environment where elderly residents can thrive. By offering low-income housing, the organization is able to ensure that elderly individuals, who may be on fixed incomes, are not priced out of the housing market. Additionally, the organization provides various support services to enhance the quality of life for its residents. This holistic approach to elderly housing and care sets Brewton Voa Elderly Housing Inc apart, making it a valuable resource for the elderly community.
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Impact
October, 2024
Brewton Voa Elderly Housing Inc significantly impacts the lives of elderly residents in Mobile, Alabama, by providing affordable housing and essential support services. Operating a 38-unit apartment complex, it offers low-income housing specifically designed to meet the needs of older adults. This initiative not only addresses the critical shortage of affordable housing options for seniors but also fosters a supportive community where residents can thrive.
By ensuring a safe and secure living environment, Brewton Voa Elderly Housing Inc helps to enhance the quality of life for its residents, enabling them to maintain their independence while accessing necessary services. The focus on affordability allows more elderly individuals to find stable housing, reducing the stress of financial strain and promoting overall well-being. The organization's commitment to elderly care and supportive living underscores its vital role in enhancing the community’s social fabric.
This information is meant to be a general summary of Brewton Voa Elderly Housing 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 2023.
- Investment Income: $5
- Program Service Revenue: $173,081
- Gross Receipts: $173,086
Assets and Liabilities:
- Total Assets: $847,630
- Total Liabilities: $127,294
- Net Assets: $720,336
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$94,851
SECTION 8 HOUSING ASSI
Revenue
$78,230
Organization Details
Founding Year
1995
Phone
(251) 300-3500Principal Officer
Robert Rogers
Main Address
1200 HILLCREST ROAD, MOBILE, AL, 36695
Website
www.voase.orgNTEE Category
Code: L21 - Housing
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