Overview
What is The Village Of Orlando Inc?
The Village of Orlando Inc, located in Orlando, Florida, is a nonprofit organization dedicated to enhancing living conditions in underprivileged communities. With a workforce of 13 individuals, they offer affordable housing solutions through 150 multifamily units and 25 single-family homes. Furthermore, The Village of Orlando supports local small businesses through its economic development initiative, The Village Square. Their primary mission is the revitalization of low-income, substandard, and drug-affected communities, focusing on improving the surrounding area through the construction and renovation of housing for economically disadvantaged families.
What are the reviews and ratings of this charity?
The Village Of Orlando Inc received a One-Star out of Four Star rating from Charity Navigator, scoring 56% on the Accountability & Finance beacon. This score is based solely on financial and accountability metrics, which currently reflect a limited perspective since other important aspects like impact, culture, leadership, and adaptability are not included.
The organization demonstrated strength in its program expense ratio, utilizing 91.62% of its funds towards program expenses, indicating efficient use of resources for its intended mission. However, it lacks independent board members and comprehensive financial reviews or compilations, which are essential for full transparency and robust governance.
Certain accountability metrics, such as the inclusion of a conflict of interest policy and admirable program expense management, are present. Despite these, the absence of a whistleblower policy, document retention practices, and a website listing tax forms highlighted significant areas for improvement in governance practices. As there are no user reviews available from GreatNonprofits, additional community feedback on impact and experiences is not currently available.
This AI summary has been generated from information found on Charity Navigator.
Is The Village Of Orlando Inc legitimate?
The Village Of Orlando Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Village Of Orlando 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: $146,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,052
For more financial information, click here
What is the mission statement of The Village Of Orlando Inc?
The Village of Orlando Inc is dedicated to revitalizing low-income, run-down, and drug-affected communities. Their primary focus is on community development, specifically through the construction and renovation of affordable housing for families in need. Beyond housing, they also support small businesses through their economic development initiative, The Village Square. The organization aims to improve the overall living conditions and prospects of these communities.
Who is the CEO of The Village Of Orlando Inc?
Allen Wiggins is the President of The Village Of Orlando Inc.
What is the revenue of The Village Of Orlando Inc?
The Village Of Orlando Inc's revenue in 2022 was $11,361,912.
Who are the executives of The Village Of Orlando Inc and what are their salaries?
The average compensation at The Village Of Orlando Inc during 2022 was $21,735. There are 13 employees at The Village Of Orlando Inc.
Here are 5 key members and their salaries:
- Compensation: $53,300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $13,100
- Related: $0
- Other: $0
- Compensation: $48,900
- Related: $0
- Other: $0
- Compensation: $31,200
- Related: $0
- Other: $0
Where can I find the form 990 for The Village Of Orlando Inc?
The Village Of Orlando Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Village Of Orlando Inc
The Village of Orlando, a nonprofit organization, is dedicated to the revitalization of disadvantaged neighborhoods marked by poverty, substandard living conditions, and drug-related issues. Their mission lies in the transformation of these communities through the construction and renovation of affordable housing for low-income families. By focusing on the development of the surrounding area, The Village of Orlando seeks to improve the living conditions and provide a sense of security for its residents. The organization achieves this by offering 150 multifamily units and 25 single-family homes, ensuring that affordable housing is within reach for those in need. Moreover, The Village of Orlando houses approximately 25 small businesses through its economic development initiative, The Village Square, contributing to the local economy and fostering a sense of community.
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Impact
July, 2024
The Village of Orlando Inc's impact lies in its commitment to revitalizing low-income, substandard, and drug-infested communities in Orlando, Florida. Through the provision of quality, affordable housing in the form of 150 multifamily units and 25 single-family homes, the organization has directly improved the living conditions of numerous low-income families. Additionally, The Village of Orlando houses around 25 small businesses as part of its economic development initiative, known as The Village Square, further contributing to the economic growth and stability of the community. By focusing on the development of the surrounding area through the construction and renovation of affordable housing, The Village of Orlando is actively working towards uplifting and transforming the lives of individuals and families in need.
This information is meant to be a general summary of The Village Of Orlando 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 2022.
- Investment Income: $8,476,100
- Program Service Revenue: $2,875,812
- Gross Receipts: $17,468,631
Assets and Liabilities:
- Total Assets: $15,564,825
- Total Liabilities: $5,375,054
- Net Assets: $10,189,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Economic Development
Revenue
$1,714,240
Affordable Housing
Revenue
$1,161,572
Organization Details
Founding Year
1998
Phone
(407) 291-4673Principal Officer
Allen Wiggins
Main Address
3032 Monte Carlo Trail, Orlando, FL, 32805
NTEE Category
Code: L20 - Housing
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