Overview
What is Ventura County Community Development Corporation?
The Ventura County Community Development Corporation, led by Bertha M Garcia, is a nonprofit organization situated in Oxnard, California. Its primary mission is to empower low-to-moderate income individuals and families, fostering wealth creation and homeownership through educational programs. By focusing on this demographic, the corporation aims to contribute to the vibrancy and sustainability of local communities. The organization's activities are centered around this mission, with its services extending beyond just financial assistance.
Official website here: www.vccd.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating
The Ventura County Community Development Corporation (VCCDC) has received a high rating of 95% from Charity Navigator, indicating strong performance in accountability and finance. The organization boasts a perfect score for independent board members, showcasing a commitment to governance and oversight. Additionally, it demonstrates effective financial management with a low liabilities-to-assets ratio and a substantial program expense ratio, ensuring that a significant portion of its funding is directed towards its programs.
In terms of organizational practices, VCCDC excels in collecting and utilizing constituent feedback, earning a perfect score in this area. This underscores the organization's dedication to community engagement and responsiveness to the needs of those it serves. The implementation of various policies, from conflict of interest to whistleblower protections, further illustrates its commitment to transparency and ethical operations.
Despite its strengths, the organization has room for improvement in its Culture & Community score, which sits at 87. However, the overall ratings reflect a solid foundation and effective practices, positioning VCCDC as a reputable nonprofit focused on community development.
This AI summary has been generated from information found on Charity Navigator.
Is Ventura County Community Development Corporation legitimate?
Ventura County Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ventura County Community Development Corporation 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: $246,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $636,854
For more financial information, click here
Official website here: www.vccd.org
What is the mission statement of Ventura County Community Development Corporation?
The Ventura County Community Development Corporation's mission is centered around enhancing and preserving thriving communities. They accomplish this by empowering individuals and families, specifically those with low-to-moderate income, to accumulate wealth through educational opportunities and homeownership. The organization's primary goal is to make a significant impact in this area, thereby contributing to the betterment of society as a whole.
Official website here: www.vccd.org
Who is the CEO of Ventura County Community Development Corporation?
Bertha M Garcia is the Executive Dir. of Ventura County Community Development Corporation.
Official website here: www.vccd.org
What is the revenue of Ventura County Community Development Corporation?
Ventura County Community Development Corporation's revenue in 2022 was $2,760,172.
Official website here: www.vccd.org
Who are the executives of Ventura County Community Development Corporation and what are their salaries?
The average compensation at Ventura County Community Development Corporation during 2022 was $67,967. There are 13 employees at Ventura County Community Development Corporation.
Here are 13 key members and their salaries:
- Compensation: $114,583
- Related: $0
- Other: $22,497
- Compensation: $109,959
- Related: $0
- Other: $22,173
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.vccd.org
Where can I find the form 990 for Ventura County Community Development Corporation?
Ventura County Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vccd.org
Learn more at the official website: www.vccd.org
Mission Statement of Ventura County Community Development Corporation
Ventura County Community Development Corporation, in its mission, aims to fortify and preserve thriving communities by empowering individuals and families to accumulate wealth. This is primarily achieved through education and homeownership, with a strong emphasis on serving those with low-to-moderate income levels. The organization's goal is to empower these individuals and families, thereby strengthening and sustaining communities as a whole.
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Impact
July, 2024
Ventura County Community Development Corporation's impact is significant in empowering individuals and families to build wealth through education and homeownership. By focusing on serving low-to-moderate income clients, the organization plays a vital role in strengthening and sustaining vibrant communities in Oxnard, CA. Through their efforts, they are able to provide valuable resources and support that enable individuals to improve their financial well-being and achieve their homeownership goals.
This information is meant to be a general summary of Ventura County Community Development Corporation. 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: $198,487
- Program Service Revenue: $280,705
- Gross Receipts: $2,760,172
Assets and Liabilities:
- Total Assets: $12,518,279
- Total Liabilities: $1,113,154
- Net Assets: $11,405,125
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan origination fees
Revenue
$255,653
Other income
Revenue
$25,052
Organization Details
Founding Year
2001
Phone
(805) 273-7800Principal Officer
Bertha M Garcia
Main Address
2231 Sturgis Road A, Oxnard, CA, 93030
Website
www.vccd.orgNTEE Category
Code: S31 - Community improvement
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