Overview
What is Volunteers Of Victoria?
Volunteers of Victoria is a nonprofit organization committed to addressing housing issues in the community. They provide free and affordable accommodations to individuals in need, overseen by the United States Department of Housing and Urban Development. In addition to housing services, Volunteers of Victoria also operates a job creation program, offering supplemental income to underprivileged and elderly individuals, thereby contributing to their financial stability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (29%)
Volunteers Of Victoria has received a low rating of 29% from Charity Navigator, which indicates significant concerns regarding its financial practices and accountability. The organization has a fully independent board, which is a positive aspect, but it falls short in several critical areas, including transparency and financial reporting.
The charity's lack of financial statements and missing documentation for board meeting minutes raises red flags about its operational transparency. Additionally, the program expense ratio is very low at 14.41%, suggesting that a small portion of their resources is directed toward their programs rather than administrative costs. This raises questions about the effectiveness and impact of their services.
While the organization does have robust conflict of interest policies in place, it does not have a whistleblower policy or a document retention policy, indicating a lack of comprehensive governance practices. Overall, the charity's financial and operational deficiencies highlight a need for improvement to ensure better accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Volunteers Of Victoria legitimate?
Volunteers Of Victoria is a legitimate nonprofit organization registered as a 501(c)(3) entity. Volunteers Of Victoria 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: $0
For more financial information, click here
What is the mission statement of Volunteers Of Victoria?
Volunteers of Victoria's mission is centered around providing aid to individuals in need of affordable housing. Through their shelters and housing programs, overseen by the United States Department of Housing and Urban Development, they offer free and low-cost accommodations. Furthermore, they have a job creation program designed to supplement the income of impoverished and elderly individuals. This initiative aims to enhance their financial stability and overall well-being.
Who is the CEO of Volunteers Of Victoria?
Martha Vasquez is the Executive Director of Volunteers Of Victoria.
What is the revenue of Volunteers Of Victoria?
Volunteers Of Victoria's revenue in 2022 was $6,322,862.
Who are the executives of Volunteers Of Victoria and what are their salaries?
There 27 volunteers at Volunteers Of Victoria.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Volunteers Of Victoria?
Volunteers Of Victoria's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Volunteers Of Victoria
Volunteers of Victoria, a nonprofit organization, is dedicated to addressing the housing needs of individuals who are financially struggling. They accomplish this mission by providing free and low-income housing options through their shelters and affordable housing programs, which are regulated by the United States Department of Housing and Urban Development. Beyond offering housing solutions, Volunteers of Victoria also runs a job creation program designed to provide supplemental income to impoverished and elderly individuals. This program aims to empower these individuals and contribute to their financial stability.
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Impact
July, 2024
Volunteers Of Victoria has a significant impact on the community by providing free and low-income housing to those in need through shelters and affordable housing programs. Additionally, their job creation program helps impoverished and elderly individuals earn supplemental income. This organization plays a crucial role in addressing homelessness and financial insecurity in Victoria, TX.
This information is meant to be a general summary of Volunteers Of Victoria. 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.
- Program Service Revenue: $6,234,099
- Gross Receipts: $6,322,862
Assets and Liabilities:
- Total Assets: $10,395,343
- Total Liabilities: $10,268,533
- Net Assets: $126,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$6,234,099
Organization Details
Founding Year
1991
Phone
(361) 582-4885Principal Officer
Martha Vasquez
Main Address
1411 PORT LAVACA HWY, VICTORIA, TX, 77901
NTEE Category
Code: L20B - Housing
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