Overview
What is Veterans Independence Foundation?
The Veterans Independence Foundation is a nonprofit organization, dedicated to assisting veterans who encounter temporary financial difficulties. Their primary mission is to provide short-term financial aid to veterans in need. The foundation's activities are centered around this mission, aiming to provide essential support during challenging times. While the provided information is limited, it implies that the foundation is committed to serving veterans, ensuring their independence and well-being.
Official website here: www.veteransindependencefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 19%
The Veterans Independence Foundation has received a low rating of 19%, resulting in a Zero-Star out of Four Stars designation. This rating indicates significant concerns regarding the organization’s accountability and financial practices. The foundation has no independent board members, which raises potential governance issues. While it has been noted that there has been no material diversion of assets, other critical policies such as those regarding conflicts of interest, whistleblower protection, and document retention are absent, further undermining its accountability.
One positive aspect is that the charity's tax form is listed on its website, which is a requirement indicating some level of transparency. However, the lack of board meeting minutes and the failure to post its tax form as stated on Form 990 highlight deficiencies in governance practices. Additionally, the program expense ratio of approximately 54.91% suggests that less than half of the funds are being allocated to program services, which can be a concern for donors looking for effective use of their contributions.
Overall, while the Veterans Independence Foundation does maintain some transparency with its tax filings, the overall governance structure and financial management practices are significantly lacking. Potential donors should consider these issues carefully before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Veterans Independence Foundation legitimate?
Veterans Independence Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Independence Foundation 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: $0
For more financial information, click here
Official website here: www.veteransindependencefoundation.org
What is the mission statement of Veterans Independence Foundation?
The Veterans Independence Foundation is dedicated to assisting veterans with temporary financial needs. Their mission is centered around providing necessary support, aiming to alleviate financial burdens and empower veterans to regain their independence. The organization does not disclose its mission description in full, but based on the provided information, it can be inferred that they strive to make a positive impact on veterans' lives during financially challenging periods.
Official website here: www.veteransindependencefoundation.org
Who is the CEO of Veterans Independence Foundation?
Neil Blitstein is the President of Veterans Independence Foundation.
Official website here: www.veteransindependencefoundation.org
What is the revenue of Veterans Independence Foundation?
Veterans Independence Foundation's revenue in 2020 was $23,037.
Official website here: www.veteransindependencefoundation.org
Who are the executives of Veterans Independence Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.veteransindependencefoundation.org
Where can I find the form 990 for Veterans Independence Foundation?
Veterans Independence Foundation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.veteransindependencefoundation.org
Learn more at the official website: www.veteransindependencefoundation.org
Mission Statement of Veterans Independence Foundation
Veterans Independence Foundation, abbreviated as VIF, is dedicated to assisting veterans who are experiencing temporary financial hardships. Their primary mission is to provide these veterans with the necessary financial aid they require during challenging times. The organization does not disclose specific details about its location, focusing instead on its commitment to veterans nationwide. VIF's work is instrumental in offering a lifeline to veterans when they need it most.
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Impact
August, 2024
The Veterans Independence Foundation helps veterans with short term financial needs, making a meaningful impact on the lives of those who have served our country. Their work directly supports veterans by providing assistance in times of financial hardship, ensuring they have the support they need to navigate challenging situations. Through their commitment to aiding veterans in need, the foundation plays a crucial role in upholding civil rights and honoring the service of those who have sacrificed for the nation.
This information is meant to be a general summary of Veterans Independence Foundation. 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 2020.
- Gross Receipts: $23,037
Assets and Liabilities:
- Total Assets: $741
- Total Liabilities: $12,437
- Net Assets: -$11,696
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Organization Details
Founding Year
2018
Phone
(360) 528-1449Principal Officer
Neil Blitstein
Main Address
105 ALPINE CT, RAINIER, WA, 98576
NTEE Category
Code: R99 - Civil rights
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