Overview
What is Fort Worth Voa Elderly Housing Inc Park Meadows Apartments?
Fort Worth Voa Elderly Housing Inc Park Meadows Apartments is a nonprofit organization situated in Alexandria, Virginia, specifically at 1660 Duke Street, 22314. Their primary mission is to provide affordable housing for elderly individuals and families, adhering to Section 207/223 (F) of the National Housing Act. They operate under an agreement with the U.S. Department of HUD, ensuring that they meet the necessary standards for elder care housing. Their purpose is to offer a safe and comfortable living environment for the elderly, 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 Stars)
Fort Worth Voa Elderly Housing Inc Park Meadows Apartments has received a three-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is derived solely from the Accountability & Finance category, which reflects the organization's adherence to financial best practices and transparency.
One of the notable strengths of this nonprofit is its governance structure, with 86% of board members being independent. This independence is complemented by a well-defined financial oversight mechanism, as evidenced by their perfect scores in audit and oversight committee assessments. Additionally, the organization maintains strong policies around conflict of interest and whistleblower protections, contributing to its overall credibility.
However, while the charity scored well in program expense ratio, allocating 92.63% of its resources to its programs, the reliance on a single beacon score may limit the comprehensiveness of its evaluation. Prospective donors and stakeholders might want to consider further insights into the organization's impact and operational effectiveness beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Worth Voa Elderly Housing Inc Park Meadows Apartments legitimate?
Fort Worth Voa Elderly Housing Inc Park Meadows Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Worth Voa Elderly Housing Inc Park Meadows Apartments 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: $153,972
For more financial information, click here
What is the mission statement of Fort Worth Voa Elderly Housing Inc Park Meadows Apartments?
Fort Worth Voa Elderly Housing Inc's Park Meadows Apartments, as part of its mission, provides housing for elderly individuals and families, in adherence to Section 207/223 (F) of the National Housing Act. This is done under an agreement with the U.S. Department of HUD. The organization's primary focus is on providing a residential space that caters to the elderly population, ensuring they have a secure and suitable living environment. The services offered under this agreement aim to support the elderly in maintaining their independence and quality of life.
Who is the CEO of Fort Worth Voa Elderly Housing Inc Park Meadows Apartments?
Peter Desjardins is the President of Fort Worth Voa Elderly Housing Inc Park Meadows Apartments.
What is the revenue of Fort Worth Voa Elderly Housing Inc Park Meadows Apartments?
Fort Worth Voa Elderly Housing Inc Park Meadows Apartments's revenue in 2023 was $847,833.
Who are the executives of Fort Worth Voa Elderly Housing Inc Park Meadows Apartments 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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- 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
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- 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 Worth Voa Elderly Housing Inc Park Meadows Apartments?
Fort Worth Voa Elderly Housing Inc Park Meadows Apartments's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fort Worth Voa Elderly Housing Inc Park Meadows Apartments
Fort Worth VoA Elderly Housing Inc. Park Meadows Apartments is dedicated to providing housing solutions for elderly individuals and families. This mission is carried out under Section 207/223 (F) of the National Housing Act, in an agreement with the U.S. Department of HUD. The organization's primary focus is to offer a safe and comfortable living environment for this specific demographic, aiming to enhance their quality of life. The housing provided by Fort Worth VoA Elderly Housing Inc. Park Meadows Apartments is an essential resource, offering elderly persons and families a sense of security and stability, which is crucial for their well-being.
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Impact
July, 2024
Fort Worth Voa Elderly Housing Inc Park Meadows Apartments provides essential housing to elderly persons and families under Section 207/223 (f) of the National Housing Act through an agreement with the U.S. Department of HUD. This impact ensures that elderly individuals and families have access to safe and affordable housing, contributing to their overall well-being and quality of life. By fulfilling this critical need, Fort Worth Voa Elderly Housing Inc Park Meadows Apartments plays a vital role in supporting vulnerable populations and fostering stable communities.
This information is meant to be a general summary of Fort Worth Voa Elderly Housing Inc Park Meadows Apartments. 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: $763
- Program Service Revenue: $847,070
- Gross Receipts: $847,833
Assets and Liabilities:
- Total Assets: $2,416,142
- Total Liabilities: $2,947,649
- Net Assets: -$531,507
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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
$790,046
ELDERLY SERVICE REVENUE
Revenue
$57,024
Organization Details
Founding Year
1981
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: L21Z - Housing
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