Overview
What is Vesta Arundel Inc?
Vesta Arundel Inc, based in Lanham, Maryland, is a nonprofit organization that dedicates its efforts to providing affordable housing for the chronically mentally disabled. In accordance with Section 811 of the National Affordable Housing Act, they strive to ensure that those with mental disabilities have access to suitable housing, contributing significantly to their overall well-being and quality of life.
Official website here: www.vesta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)
Vesta Arundel Inc has received a low rating of 48% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The zero-star rating highlights deficiencies in several key governance areas, particularly the lack of independent board members and a small board size, which are critical for maintaining transparency and accountability in nonprofit organizations.
Despite some strengths in managing program expenses and adhering to a conflict of interest policy, the organization exhibits notable weaknesses, such as failing to implement a whistleblower policy and not having adequate document retention practices. Additionally, the organization's liabilities to assets ratio is a point of concern, which may imply financial instability.
Overall, while Vesta Arundel Inc demonstrates a commitment to its programs, the governance and financial oversight issues raised by its low ratings suggest that potential donors and stakeholders should exercise caution and consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Vesta Arundel Inc legitimate?
Vesta Arundel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vesta Arundel 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: $3,129
For more financial information, click here
Official website here: www.vesta.org
What is the mission statement of Vesta Arundel Inc?
Vesta Arundel Inc, a housing organization, is dedicated to providing affordable housing solutions to the chronically mentally disabled, adhering to Section 811 of the National Affordable Housing Act. Their mission is to ensure that individuals with mental disabilities have access to suitable housing, creating an environment that fosters their well-being and independence. The organization's primary focus is on enabling these individuals to maintain a stable living situation, empowering them to live their lives with dignity and comfort.
Official website here: www.vesta.org
Who is the CEO of Vesta Arundel Inc?
Jignesh Dalal is the President of Vesta Arundel Inc.
Official website here: www.vesta.org
What is the revenue of Vesta Arundel Inc?
Vesta Arundel Inc's revenue in 2022 was $55,428.
Official website here: www.vesta.org
Who are the executives of Vesta Arundel Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $213,558
- Other: $19,375
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $106,606
- Other: $15,849
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vesta.org
Where can I find the form 990 for Vesta Arundel Inc?
Vesta Arundel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vesta.org
Learn more at the official website: www.vesta.org
Mission Statement of Vesta Arundel Inc
Vesta Arundel Inc, a non-profit organization, is dedicated to providing affordable housing for chronically mentally disabled individuals. In accordance with Section 811 of the National Affordable Housing Act, Vesta Arundel Inc works tirelessly to ensure that this vulnerable population has a roof over their heads. By focusing on this specific demographic, the organization is making a significant impact in the lives of those who need it most. The mission of Vesta Arundel Inc is not just about housing; it's about creating a safe and secure environment where these individuals can live with dignity and independence.
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Impact
June, 2024
Vesta Arundel Inc's impact can be seen in the lives of individuals who are chronically mentally disabled. By providing affordable housing in accordance with Section 811 of the National Affordable Housing Act, Vesta Arundel Inc is offering a safe and supportive environment for this vulnerable population. Through their mission of providing affordable housing to the chronically mentally disabled, Vesta Arundel Inc is addressing a critical need and making a positive difference in the lives of those they serve. Their work contributes to improving the quality of life and well-being of individuals facing mental health challenges.
This information is meant to be a general summary of Vesta Arundel 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: $32
- Program Service Revenue: $55,396
- Gross Receipts: $55,428
Assets and Liabilities:
- Total Assets: $405,369
- Total Liabilities: $615,385
- Net Assets: -$210,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$55,396
Organization Details
Founding Year
2002
Phone
(240) 296-6300Principal Officer
Jignesh Dalal
Main Address
9301 ANNAPOLIS ROAD, LANHAM, MD, 20706
Website
www.vesta.orgNTEE Category
Code: F33 - Mental health
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