Overview
What is Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments?
Orlando Voa Elderly Housing Inc's Silver Lakes Village Apartments is a nonprofit organization, specifically dedicated to providing housing solutions for elderly and disabled individuals and families. Located in Alexandria, Virginia, they operate under Section 202 of the National Housing Act, having an agreement with the Department of HUD. Their mission is to cater to the housing needs of these groups, offering them a safe and supportive living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments has demonstrated strong performance in accountability and finance, with a high overall score derived from their robust financial management practices. The organization has achieved a perfect score in several key areas, including having a majority of independent board members and maintaining a conflict of interest policy, which underlines their commitment to transparency and good governance.
The charity's program expense ratio of 86.92% indicates that a significant portion of their funding is directed towards their programs rather than administrative costs. This efficient allocation of resources supports their mission of providing housing for the elderly, ensuring that most donations benefit those in need directly.
While the organization reflects strong financial practices, it is essential to consider that this rating is based solely on accountability and finance, which may not provide a comprehensive view of their overall impact or program effectiveness. Nonetheless, their high rating suggests a well-managed nonprofit that prioritizes fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments legitimate?
Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments 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: $207,450
For more financial information, click here
What is the mission statement of Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments?
Orlando Voa Elderly Housing Inc's Silver Lakes Village Apartments is dedicated to providing housing for the elderly and disabled persons and their families, adhering to Section 202 of the National Housing Act. They operate under an agreement with the Department of Housing and Urban Development (HUD). The primary goal of this organization is to ensure that these vulnerable individuals have a suitable living space. Their mission is centered around offering housing solutions, contributing to the well-being of the elderly and disabled community. They strive to create a supportive environment that meets the needs of these individuals, thereby enhancing their quality of life.
Who is the CEO of Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments?
Peter Desjardins is the President of Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments.
What is the revenue of Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments?
Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments's revenue in 2023 was $1,363,232.
Who are the executives of Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments and what are their salaries?
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $596,644
- Other: $175,327
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- Other: $152,258
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- Related: $319,790
- Other: $98,843
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- Related: $314,949
- Other: $65,001
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- Related: $185,410
- Other: $94,730
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- Related: $240,852
- Other: $38,707
- Compensation: $0
- Related: $239,275
- Other: $38,298
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- Related: $161,240
- Other: $16,968
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- Related: $147,670
- Other: $20,890
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Where can I find the form 990 for Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments?
Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments
Orlando Voa Elderly Housing Inc, specifically their Silver Lakes Village Apartments, is committed to providing housing solutions for the elderly and disabled individuals and families. This is done under the agreement with the Department of Housing and Urban Development, as stipulated by Section 202 of the National Housing Act. Essentially, this nonprofit organization serves as a shelter, offering necessities such as food and clothing, to those in need, contributing to their overall well-being and comfort. By providing housing, Orlando Voa Elderly Housing Inc is helping to ensure a safe and secure living environment for these vulnerable groups, allowing them to maintain their dignity and independence.
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Impact
July, 2024
Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments has a significant impact on the community by providing essential housing for the elderly, disabled persons, and families under Section 202 of the National Housing Act. By offering affordable and safe housing options, the organization ensures that vulnerable populations have a place to call home. This not only contributes to the well-being and stability of these individuals but also fosters a sense of community and support within the area. The provision of housing under an agreement with the Department of HUD demonstrates a commitment to meeting the specific needs of these populations and addressing housing challenges. Overall, Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments plays a crucial role in community improvement by ensuring that vulnerable individuals have access to suitable housing options.
This information is meant to be a general summary of Orlando Voa Elderly Housing Inc Silver Lakes Village Apartments. 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: $326,710
- Program Service Revenue: $1,036,522
- Gross Receipts: $1,506,341
Assets and Liabilities:
- Total Assets: $6,186,650
- Total Liabilities: $774,385
- Net Assets: $5,412,265
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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
$1,036,522
Organization Details
Founding Year
2000
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: S80 - Community improvement
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