Overview
What is Detroit Voa Elderly Housing Inc Oak Village Square?
Detroit Voa Elderly Housing Inc Oak Village Square is a nonprofit organization located at 1660 Duke Street, Alexandria, VA 22314. Their primary mission is to provide housing for elderly and disabled individuals and families, in accordance with Section 202 of the National Housing Act. They work under an agreement with the Department of HUD, ensuring safe and comfortable living environments for those in need. Their services are vital in supporting the elderly and disabled community, offering them a secure place to call home.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Detroit Voa Elderly Housing Inc Oak Village Square demonstrates a strong commitment to accountability and financial health, reflected in its impressive 94% overall score. The organization boasts an independent board with 86% of its members being independent, ensuring effective governance and oversight. Their financial practices are robust, with no reported material diversion of assets and a high program expense ratio of 93.66%, indicating that the majority of funds are directed toward its mission.
The charity's proactive policies, including those regarding conflict of interest and whistleblower protections, further enhance its operational integrity. Additionally, the presence of an audit and oversight committee contributes to their transparency and accountability. The organization’s low liabilities to assets ratio of 11.86% highlights its sound financial management and stability.
Overall, Detroit Voa Elderly Housing Inc Oak Village Square emerges as a reliable nonprofit dedicated to supporting the elderly, with strong governance practices and a clear focus on maximizing program expenditures for its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Detroit Voa Elderly Housing Inc Oak Village Square legitimate?
Detroit Voa Elderly Housing Inc Oak Village Square is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Voa Elderly Housing Inc Oak Village Square 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: $160,844
For more financial information, click here
What is the mission statement of Detroit Voa Elderly Housing Inc Oak Village Square?
Detroit Voa Elderly Housing Inc's Oak Village Square, as part of its mission, offers housing solutions for elderly and disabled individuals and their families. This is done under Section 202 of the National Housing Act, in agreement with the Department of HUD. The organization's primary goal is to provide a suitable living environment that caters to the needs of this specific demographic, ensuring they have a place to call home. The housing provisions aim to enhance the quality of life for these individuals, providing them with a secure and supportive community.
Who is the CEO of Detroit Voa Elderly Housing Inc Oak Village Square?
Peter Desjardins is the President of Detroit Voa Elderly Housing Inc Oak Village Square.
What is the revenue of Detroit Voa Elderly Housing Inc Oak Village Square?
Detroit Voa Elderly Housing Inc Oak Village Square's revenue in 2023 was $1,130,611.
Who are the executives of Detroit Voa Elderly Housing Inc Oak Village Square and what are their salaries?
Here are 23 key members and their salaries:
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- Related: $596,644
- Other: $175,327
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- Related: $329,561
- 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
- Compensation: $0
- 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 Detroit Voa Elderly Housing Inc Oak Village Square?
Detroit Voa Elderly Housing Inc Oak Village Square's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Detroit Voa Elderly Housing Inc Oak Village Square
Detroit Voa Elderly Housing Inc Oak Village Square is committed to providing housing solutions for elderly and disabled individuals and families, operating under Section 202 of the National Housing Act. They have entered into an agreement with the Department of HUD to ensure the provision of safe and comfortable living spaces for this specific population. By offering housing under this act, Detroit Voa Elderly Housing Inc Oak Village Square aims to contribute to the well-being and independence of its residents, enabling them to live with dignity and security.
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Impact
July, 2024
Detroit Voa Elderly Housing Inc Oak Village Square provides essential housing for the elderly, disabled individuals, and families under Section 202 of the National Housing Act through an agreement with the Department of HUD. By offering safe and affordable housing options, this organization positively impacts the community by ensuring that vulnerable populations have a place to live with dignity and security. This enables elderly individuals, those with disabilities, and families to have a stable living environment, promoting overall well-being and quality of life.
This information is meant to be a general summary of Detroit Voa Elderly Housing Inc Oak Village Square. 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: $252
- Program Service Revenue: $1,130,359
- Gross Receipts: $1,130,611
Assets and Liabilities:
- Total Assets: $2,197,596
- Total Liabilities: $260,740
- Net Assets: $1,936,856
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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
$1,130,359
Organization Details
Founding Year
1995
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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