Overview
What is Vintage Housing Inc?
Vintage Housing Inc, based in Tulsa, Oklahoma, is a dedicated nonprofit organization focused on creating safe, appealing, and budget-friendly housing for senior citizens. Their mission is to provide an environment that supports residents' independence as they age. Through their association with Life Senior Services, they offer additional aging resources such as case management and medical care via the Life Pace program. To ensure affordability, rents are kept below market levels, and residents must earn 60% or less of the area median income to qualify. Vintage Housing Inc is the majority shareholder of five limited partnerships and the full owner of fourteen housing projects, twelve of which are managed by separate limited liability companies. The organization has nineteen apartment communities spread across various cities in Oklahoma, providing senior independent living options.
Official website here: www.lifeseniorservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Vintage Housing Inc has received a solid rating of 85%, indicating a reliable level of accountability and financial management. The organization demonstrates a commitment to transparency with 100% independent board members and strong financial oversight. Its program expense ratio is notably high at 92.13%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs.
The nonprofit has implemented comprehensive policies, including conflict of interest and whistleblower policies, which reflect its commitment to ethical governance. Additionally, all relevant documents, such as tax forms and board meeting minutes, are readily available on its website, further supporting its transparency efforts.
However, while the overall rating is commendable, the three-star designation suggests room for improvement in certain areas to achieve higher ratings. Continued focus on enhancing program effectiveness and expanding community impact could help bolster its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Vintage Housing Inc legitimate?
Vintage Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vintage 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: $789,375
For more financial information, click here
Official website here: www.lifeseniorservices.org
What is the mission statement of Vintage Housing Inc?
Vintage Housing Inc's mission is centered around developing safe, attractive, and affordable housing for senior citizens. This environment is designed to sustain their independence and provide support as they age in place. The organization collaborates with Life Senior Services, allowing residents to access additional aging supports, such as case management and medical care through the Life Pace program. Vintage Housing Inc operates numerous apartment communities, with rents restricted to below-market levels as determined by the U.S. Department of Housing and Urban Development (HUD). To qualify, residents must earn 60% or less of the area median income. The company is involved in several limited partnerships and owns numerous housing projects, aiming to provide comfortable living spaces for senior independent living.
Official website here: www.lifeseniorservices.org
Who is the CEO of Vintage Housing Inc?
Eileen Bradshaw is the President of Vintage Housing Inc.
Official website here: www.lifeseniorservices.org
What is the revenue of Vintage Housing Inc?
Vintage Housing Inc's revenue in 2022 was $3,191,257.
Official website here: www.lifeseniorservices.org
Who are the executives of Vintage Housing Inc and what are their salaries?
There 172 volunteers at Vintage Housing Inc.
Here are 9 key members and their salaries:
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- Related: $216,494
- Other: $17,094
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- Related: $147,331
- Other: $9,612
Official website here: www.lifeseniorservices.org
Where can I find the form 990 for Vintage Housing Inc?
Vintage Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifeseniorservices.org
Learn more at the official website: www.lifeseniorservices.org
Mission Statement of Vintage Housing Inc
Vintage Housing Inc, a nonprofit organization, is dedicated to developing safe, attractive, and affordable housing for seniors. This mission is aimed at providing an environment that supports residents as they age, fostering their independence. Through its affiliation with Life Senior Services, Vintage Housing offers additional aging supports such as case management and medical care through the Life Pace program. The organization has nineteen apartment communities spread across various cities, designed for independent senior living. The rents in these communities are kept below-market levels, determined by the U.S. Department of Housing and Urban Development (HUD), and are available to seniors who earn 60% or less of the area median income.
Vintage Housing Inc serves as the general partner of five limited partnerships, each organized to develop and operate senior independent living apartment complexes. The organization also owns fourteen housing projects, twelve of which are held in separate limited liability companies (LLCs). These LLCs operate under different DBAs, including Autumn Park, Cardinal Heights, Carriage Crossing, Cornerstone Village, Country Oaks, Hickory Crossing, Park Village, Pioneer Village, Vandever House, West Oak Village, Whittier Villas, and Woodland Village. Vintage Housing's divisions, Heritage Landing and Kenosha Landing, continue this mission of providing safe, affordable, and independent senior living.
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Impact
July, 2024
Vintage Housing Inc's impact lies in its dedication to providing safe, attractive, and affordable housing for seniors, fostering independence and supporting residents as they age in place. By developing a network of nineteen apartment communities across various cities in Oklahoma, Vintage Housing Inc ensures that elderly individuals have access to quality housing that is priced below-market levels, making it more feasible for those with limited incomes to qualify. Through its affiliation with LIFE Senior Services, Vintage Housing Inc also provides additional aging supports like case management and medical care through the affiliated LIFE PACE program, further enhancing the well-being of its residents. This vital work demonstrates Vintage Housing Inc's commitment to meeting the housing needs of seniors and creating environments where they can thrive and continue to lead fulfilling lives as they age.
This information is meant to be a general summary of Vintage 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 2022.
- Investment Income: $35,547
- Program Service Revenue: $2,862,925
- Gross Receipts: $3,191,257
Assets and Liabilities:
- Total Assets: $52,526,814
- Total Liabilities: $40,409,130
- Net Assets: $12,117,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VANDEVER HOUSE
Revenue
$247,224
COUNTRY OAKS
Revenue
$242,573
PARK VILLAGE
Revenue
$241,395
PIONEER VILLAGE
Revenue
$228,564
AUTUMN PARK
Revenue
$221,055
Organization Details
Founding Year
1995
Phone
(918) 664-9000Principal Officer
Eileen Bradshaw
Main Address
5330 E 31ST ST SUITE 800, TULSA, OK, 741355114
Website
www.lifeseniorservices.orgNTEE Category
Code: L20 - Housing
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