Overview
What is Aspen Place Voa Elderly Housing Inc?
Aspen Place Voa Elderly Housing Inc, also known as Aspen Place, is a nonprofit organization situated at 1660 Duke St, Alexandria, VA 22314. Their primary focus is to provide housing solutions for elderly individuals, in adherence to Section 202 of the National Housing Act. They operate under an agreement with the Department of HUD, ensuring they meet the necessary standards for senior living accommodations. By doing so, they contribute to the well-being and comfort of elderly people in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Aspen Place Voa Elderly Housing Inc has achieved a commendable 94% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This score indicates that the organization effectively manages its resources and demonstrates transparency in its operations, with a particular emphasis on financial health and ethical governance.
The organization boasts a fully independent board, comprising 13 members, ensuring diverse perspectives and decision-making free from conflicts of interest. Additionally, it has no material diversion of assets, signifying robust financial practices. Aspen Place has implemented key policies, including conflict of interest and whistleblower protections, further showcasing its commitment to governance and ethical standards.
Despite its strengths, the focus on financial metrics means that the rating does not address programmatic effectiveness or community impact directly. However, the high program expense ratio of 90.36% suggests that a significant portion of its funding is directed toward its programs, which is a positive indicator of its operational priorities. Overall, Aspen Place Voa Elderly Housing Inc appears to be a well-managed nonprofit dedicated to serving the elderly community.
This AI summary has been generated from information found on Charity Navigator.
Is Aspen Place Voa Elderly Housing Inc legitimate?
Aspen Place Voa Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Place Voa Elderly Housing 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: $102,069
For more financial information, click here
What is the mission statement of Aspen Place Voa Elderly Housing Inc?
Aspen Place Voa Elderly Housing Inc, as a part of its mission, provides housing for elderly individuals under Section 202 of the National Housing Act. This is done through an agreement with the Department of Housing and Urban Development. The organization's primary goal is to ensure that elderly persons have access to suitable living arrangements, contributing to their overall well-being and quality of life. The housing provided by Aspen Place Voa Elderly Housing Inc aligns with the provisions of the National Housing Act, aiming to provide a safe and comfortable living environment for its residents.
Who is the CEO of Aspen Place Voa Elderly Housing Inc?
Peter Desjardins is the President of Aspen Place Voa Elderly Housing Inc.
What is the revenue of Aspen Place Voa Elderly Housing Inc?
Aspen Place Voa Elderly Housing Inc's revenue in 2023 was $460,641.
Who are the executives of Aspen Place Voa Elderly Housing Inc 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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- Other: $98,843
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- 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 Aspen Place Voa Elderly Housing Inc?
Aspen Place Voa Elderly Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Aspen Place Voa Elderly Housing Inc
Aspen Place VoA Elderly Housing Inc is dedicated to providing housing solutions for elderly individuals, operating under Section 202 of the National Housing Act. In collaboration with the Department of HUD, this nonprofit organization works tirelessly to ensure that elderly persons have access to secure and suitable living accommodations. The mission of Aspen Place VoA Elderly Housing Inc is centered around providing housing options that cater specifically to the needs of the elderly population, aiming to enhance their overall quality of life in a supportive and inclusive environment.
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Impact
July, 2024
Aspen Place Voa Elderly Housing Inc's impact lies in providing essential housing to elderly persons under Section 202 of the National Housing Act, as per an agreement with the Department of HUD. By offering housing solutions to this vulnerable population in Alexandria, VA, Aspen Place Voa Elderly Housing Inc contributes significantly to community improvement and ensures that elderly individuals have a safe and comfortable place to call home.
This information is meant to be a general summary of Aspen Place Voa Elderly Housing 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 2023.
- Investment Income: $2,583
- Program Service Revenue: $458,058
- Gross Receipts: $460,641
Assets and Liabilities:
- Total Assets: $3,835,712
- Total Liabilities: $253,702
- Net Assets: $3,582,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$458,058
Organization Details
Founding Year
2018
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE ST, ALEXANDRIA, VA, 22314
NTEE Category
Code: S80 - Community improvement
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