Overview
What is Fort Bend Voa Elderly Housing Inc Fort Bend Gardens?
Fort Bend Voa Elderly Housing Inc Fort Bend Gardens is a nonprofit organization situated in Alexandria, Virginia, specifically at 1660 Duke Street. The primary mission of this organization, as per the National Housing Act Section 202, is to offer housing facilities for elderly and disabled individuals and families. In collaboration with the Department of HUD, they provide a safe living environment under a contractual agreement. This housing service aims to cater to the needs of these vulnerable groups, contributing positively to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.
Fort Bend Voa Elderly Housing Inc. Fort Bend Gardens received a three-star rating primarily based on its Accountability & Finance score. The organization demonstrates strong governance practices, with an independent board consisting of 86% independent members and a solid financial oversight structure, evidenced by a perfect score in their Audit and Oversight Committee.
The charity's program expense ratio is commendable at 93.44%, indicating that a significant portion of its resources is directed towards its mission. However, it does face challenges with its liabilities to assets ratio, which stands at 125.02%. This could suggest potential financial stress, as liabilities exceed assets, a point that may warrant further scrutiny by potential donors. Overall, while the organization shows strengths in governance and program funding, attention to financial stability is essential.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Bend Voa Elderly Housing Inc Fort Bend Gardens legitimate?
Fort Bend Voa Elderly Housing Inc Fort Bend Gardens is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Bend Voa Elderly Housing Inc Fort Bend Gardens 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: $157,391
For more financial information, click here
What is the mission statement of Fort Bend Voa Elderly Housing Inc Fort Bend Gardens?
Fort Bend Voa Elderly Housing Inc Fort Bend Gardens is committed to providing housing for elderly and disabled individuals and their families, in alignment with Section 202 of the National Housing Act. This is carried out under an agreement with the Department of HUD. Their primary objective is to offer a suitable living environment for this specific demographic, ensuring they have access to safe and comfortable housing. The organization's activities are guided by the provisions of Section 202, aiming to improve the quality of life for its residents.
Who is the CEO of Fort Bend Voa Elderly Housing Inc Fort Bend Gardens?
Peter Desjardins is the President of Fort Bend Voa Elderly Housing Inc Fort Bend Gardens.
What is the revenue of Fort Bend Voa Elderly Housing Inc Fort Bend Gardens?
Fort Bend Voa Elderly Housing Inc Fort Bend Gardens's revenue in 2023 was $690,633.
Who are the executives of Fort Bend Voa Elderly Housing Inc Fort Bend Gardens 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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- 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
- Compensation: $0
- 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 Fort Bend Voa Elderly Housing Inc Fort Bend Gardens?
Fort Bend Voa Elderly Housing Inc Fort Bend Gardens's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fort Bend Voa Elderly Housing Inc Fort Bend Gardens
Fort Bend VoA Elderly Housing Inc. Fort Bend Gardens, as a dedicated nonprofit organization, is committed to providing housing solutions for elderly and disabled individuals and their families. This commitment is in line with Section 202 of the National Housing Act, under an agreement with the Department of HUD. The organization's mission is to offer a safe living environment and necessary accommodations to these vulnerable groups, aiming to improve their quality of life and overall well-being. By providing housing under this agreement, Fort Bend VoA Elderly Housing Inc. Fort Bend Gardens contributes to maintaining the dignity and independence of its residents, ensuring they can age comfortably and with the support they need.
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Impact
July, 2024
Fort Bend Voa Elderly Housing Inc Fort Bend Gardens provides vital housing support to elderly and disabled individuals and families under Section 202 of the National Housing Act through a partnership with the Department of Housing and Urban Development (HUD). Their impact is significant as they offer a safe and affordable housing option for a vulnerable population, ensuring that these individuals have a secure place to call home. By providing this essential service, Fort Bend Voa Elderly Housing Inc Fort Bend Gardens plays a crucial role in promoting stability, security, and well-being for elderly and disabled individuals and families in need.
This information is meant to be a general summary of Fort Bend Voa Elderly Housing Inc Fort Bend Gardens. 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: $1,825
- Program Service Revenue: $688,808
- Gross Receipts: $690,633
Assets and Liabilities:
- Total Assets: $3,544,760
- Total Liabilities: $4,431,882
- Net Assets: -$887,122
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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
$688,808
Organization Details
Founding Year
1988
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: L21Z - Housing
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