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Village Exchange Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815174986 ✦ Aurora, CO ✦ Designated as a 501(c)(3)

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Overview

What is Village Exchange Center Inc?

Village Exchange Center Inc is a collaborative community center situated in Aurora, Colorado, specifically at 1609 Havana Street. Its primary mission is to bring together programs that are essential to the refugee, immigrant, and local communities. The center offers its facilities for various events, serving as a community hub. Additionally, Village Exchange Center Inc promotes interfaith worship, fostering a welcoming environment for diverse communities. With a team of 21 dedicated individuals, the center actively works to support and engage with the surrounding community.


Official website here: www.villageexchangecenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 95%

Village Exchange Center Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. With an overall score of 95%, the organization excels in several key performance areas, particularly in its financial management practices and governance structure.

The nonprofit boasts an impressive 83% of its board members as independent, ensuring unbiased oversight. Moreover, all financial statements are audited, and there is a strong emphasis on ethical practices, including conflict of interest and whistleblower policies. Program expenses make up a significant portion of their finances, reflecting a dedication to their mission rather than administrative costs.

While the organization shows robust financial health with a low liabilities to assets ratio and high program expense ratio, it is essential for potential donors to stay informed about ongoing operations and impacts. Overall, Village Exchange Center Inc stands out for its effective governance and financial prudence, making it a reliable choice for philanthropic support.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Village Exchange Center Inc?

100% of 6 reviewers on Facebook recommend Village Exchange Center Inc. Here is a summary of their reviews:

Many users express gratitude for the diverse resources and support offered to their communities. The sense of community and the efforts of the nonprofit to uplift local residents do not go unnoticed, highlighting a tangible impact on those served.

Overall, the feedback paints a positive picture of the organization, indicating that it effectively meets the needs of its community with relevant resources and strong support. This favorable sentiment reinforces the nonprofit's commitment to its mission.


This AI summary has been generated from reviews found on Facebook.

Is Village Exchange Center Inc legitimate?

Village Exchange Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Exchange Center 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: $453,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $582,257

For more financial information, click here


Official website here: www.villageexchangecenter.org

What is the mission statement of Village Exchange Center Inc?

Village Exchange Center Inc serves as a collaborative community center, co-locating programs essential for refugee, immigrant, and local communities. This center also provides space for community events. Additionally, Village Exchange Center Inc offers a venue for multi-faith worship services. Their mission is centered around fostering collaboration and providing necessary resources for various communities, while also supporting spiritual needs through worship spaces.


Official website here: www.villageexchangecenter.org

What is the revenue of Village Exchange Center Inc?

Village Exchange Center Inc's revenue in 2023 was $4,964,277.


Official website here: www.villageexchangecenter.org

Who are the executives of Village Exchange Center Inc and what are their salaries?

The average compensation at Village Exchange Center Inc during 2023 was $54,519. There are 19 employees and 264 volunteers at Village Exchange Center Inc.

Here are 14 key members and their salaries:


Amanda Blaurock (Executive Director)
  • Compensation: $240,374
  • Related: $0
  • Other: $19,583
Marcel Narucki (Co-Founder & Director)
  • Compensation: $85,858
  • Related: $0
  • Other: $24,471
Denise Maes (Deputy Director (Through 6/30/2023))
  • Compensation: $32,648
  • Related: $0
  • Other: $7,513
Gloria Price (Deputy Director (Starting 6/30/2023))
  • Compensation: $42,955
  • Related: $0
  • Other: $193
Omar Montgomery (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohamed Mouaddine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector S Sanchez Barba (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Perkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ferrufino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Brooks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanos Sifandos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ghazal Vaghedi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaleil Dov Isaza Tuzman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Holbrooke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.villageexchangecenter.org

Where can I find the form 990 for Village Exchange Center Inc?

Village Exchange Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.villageexchangecenter.org

Learn more at the official website: www.villageexchangecenter.org

Mission Statement of Village Exchange Center Inc

Village Exchange Center, a collaborative community center, is committed to co-locating programs that are vital to the refugee, immigrant, and local communities. Beyond providing space for community events, this organization also offers a multi-faith worship area, fostering a harmonious environment that welcomes diverse beliefs and backgrounds. By co-locating these programs, Village Exchange Center aims to bridge the gap between different communities, promoting understanding and mutual support.

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Impact




July, 2024

Village Exchange Center Inc is creating a transformative impact by providing a collaborative community center that co-locates programs crucial to refugee, immigrant, and local communities in Aurora, CO. This center not only offers essential services but also serves as a space for community events and multi-faith worship. By fostering collaboration and inclusivity, Village Exchange Center is bridging cultural divides and promoting a sense of belonging among diverse populations. Their work addresses critical needs, empowers individuals, and enriches the fabric of the community.




This information is meant to be a general summary of Village Exchange Center 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.

Revenue
$4,964,277 (2023)
Expenses
$5,100,404 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $25,472
  • Program Service Revenue: $44,018
  • Gross Receipts: $4,964,277

Assets and Liabilities:

  • Total Assets: $5,060,150
  • Total Liabilities: $814,552
  • Net Assets: $4,245,598

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COMMUNITY CENTER RENT

Revenue

$37,924

OTHER PROGRAM REVENUE

Revenue

$6,094

Organization Details

Founding Year

2017

Principal Officer

Amanda Blaurock

NTEE Category

Code: P84 - Human services

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