Overview
What is Veterans Affordable Homeownership Program (Vahop)?
The Veterans Affordable Homeownership Program, known as VAHOP, is a nonprofit organization situated in Concord, California. Their primary objective is to aid veterans in closing the wealth gap by promoting homeownership and distributing funds to other veteran-focused service organizations. Through donations, VAHOP supports local organizations that cater to veterans' needs, contributing to their overall well-being and housing security.
Official website here: www.vahop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Veterans Affordable Homeownership Program (VAHOP) has received a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The organization's score is primarily driven by its strong performance in areas such as independent board governance and financial health, with a 100% accountability score in several key areas. Notably, the organization has a majority of independent board members and maintains a favorable liabilities to assets ratio, indicating sound financial management.
However, some limitations are present in the governance practices of VAHOP. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about its operational transparency and risk management. Additionally, the nonprofit has not posted its tax form on its website, which affects its accessibility of information to the public and potential donors.
Despite these governance gaps, the high program expense ratio of 76.64% suggests that a significant portion of its funding is directed toward its mission of promoting affordable homeownership for veterans. Overall, while VAHOP demonstrates strengths in financial accountability, addressing the identified governance deficiencies could further enhance its credibility and effectiveness in serving the veteran community.
This AI summary has been generated from information found on Charity Navigator.
Is Veterans Affordable Homeownership Program (Vahop) legitimate?
Veterans Affordable Homeownership Program (Vahop) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Affordable Homeownership Program (Vahop) 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:
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For more financial information, click here
Official website here: www.vahop.org
What is the mission statement of Veterans Affordable Homeownership Program (Vahop)?
The Veterans Affordable Homeownership Program (Vahop) is committed to assisting veterans in bridging the wealth gap by facilitating home ownership. In addition to this primary objective, Vahop also provides financial support to various veteran service organizations. Through donations, Vahop aims to strengthen and empower these organizations that work tirelessly to serve veterans' needs.
Official website here: www.vahop.org
Who is the CEO of Veterans Affordable Homeownership Program (Vahop)?
Jane Etherington is the Adv. Board M of Veterans Affordable Homeownership Program (Vahop).
Official website here: www.vahop.org
What is the revenue of Veterans Affordable Homeownership Program (Vahop)?
Veterans Affordable Homeownership Program (Vahop)'s revenue in 2022 was $51,823.
Official website here: www.vahop.org
Who are the executives of Veterans Affordable Homeownership Program (Vahop) and what are their salaries?
There 9 volunteers at Veterans Affordable Homeownership Program (Vahop).
Here are 9 key members and their salaries:
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Official website here: www.vahop.org
Where can I find the form 990 for Veterans Affordable Homeownership Program (Vahop)?
Veterans Affordable Homeownership Program (Vahop)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vahop.org
Learn more at the official website: www.vahop.org
Mission Statement of Veterans Affordable Homeownership Program (Vahop)
The Veterans Affordable Homeownership Program (Vahop) is dedicated to addressing a crucial issue facing veterans: the wealth gap. In an effort to bridge this gap, Vahop's primary mission is centered around facilitating home ownership for veterans. By doing so, the program aims to contribute to the financial well-being and stability of the veteran community. Additionally, Vahop extends its support beyond homeownership by providing funds to various veteran service organizations. This multifaceted approach allows Vahop to contribute significantly to the overall betterment of veterans' lives.
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Impact
August, 2024
The impact of the Veterans Affordable Homeownership Program (Vahop) is significant in supporting veterans in closing the wealth gap through homeownership. By providing assistance and resources for veterans to achieve homeownership, Vahop contributes to improving the financial stability and well-being of veterans. Additionally, Vahop's donations to support local veteran service organizations further enhance the support network available to veterans in need. Through its efforts, Vahop is making a valuable contribution to the lives of veterans and the community as a whole.
This information is meant to be a general summary of Veterans Affordable Homeownership Program (Vahop). 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: $27,273
- Gross Receipts: $51,823
Assets and Liabilities:
- Total Assets: $190,391
- Total Liabilities: $0
- Net Assets: $190,391
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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
$27,273
Organization Details
Founding Year
2016
Phone
(925) 687-0714Principal Officer
Jane Etherington
Main Address
1451 TOYON DRIVE, CONCORD, CA, 94520
Website
www.vahop.orgNTEE Category
Code: W12 - Public benefit
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