Overview
What is Village Of Love And Resistance Inc?
Village of Love and Resistance Inc is a nonprofit organization based in Baltimore, Maryland, specifically at 121 N Broadway Ste Second Floor. Their primary mission is to revitalize a community hub that will house social entrepreneurs, retail businesses, and promote mindfulness and wellness. The organization also aims to promote international cohousing and provides economic and literacy trainings to the surrounding community to ensure community investment in the hub. In addition, Village of Love and Resistance Inc seeks to acquire and develop abandoned residential properties in East Baltimore, with a focus on empowering historical residents, predominantly Black and Brown people, to build wealth through property acquisition, renovation, and subsequent sale or rental.
Official website here: www.volar.site/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Village Of Love And Resistance Inc has achieved a commendable score of 83%, reflecting a strong emphasis on accountability and finance. The rating is based solely on the Accountability & Finance beacon, where the organization scored high marks in several areas such as having an independent board and no material diversion of assets. The program expense ratio is notably high at 89.53%, indicating that a significant portion of their funds is directed towards their programs.
While the organization shows strengths in governance features, such as having a majority of independent board members, there are areas for improvement. Specifically, the absence of a whistleblower policy and a document retention and destruction policy has impacted their overall score in accountability. These missing policies could pose risks related to transparency and the safeguarding of organizational integrity.
Overall, Village Of Love And Resistance Inc demonstrates a solid financial standing and a commitment to program effectiveness. However, addressing the gaps in governance policies could further enhance their accountability and overall performance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Village Of Love And Resistance Inc legitimate?
Village Of Love And Resistance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Of Love And Resistance 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: $0
For more financial information, click here
Official website here: www.volar.site/
What is the mission statement of Village Of Love And Resistance Inc?
The Village of Love and Resistance Inc. aims to establish a cooperative community in an unspecified location, primarily for Black and Brown individuals. The objective is to provide opportunities for historical residents to acquire, renovate, and either sell or rent properties, thereby fostering wealth creation. Additionally, the organization plans to redevelop a hub as a center, housing social entrepreneurs and retail businesses. This hub will also promote mindfulness and wellness, and international cohousing. Economic and literacy trainings will be provided to the surrounding community to ensure their investment in the hub and the acquisition and development of abandoned residential properties in the area.
Official website here: www.volar.site/
Who is the CEO of Village Of Love And Resistance Inc?
Marisela Gomez is the President of Village Of Love And Resistance Inc.
Official website here: www.volar.site/
What is the revenue of Village Of Love And Resistance Inc?
Village Of Love And Resistance Inc's revenue in 2022 was $51,408.
Official website here: www.volar.site/
Who are the executives of Village Of Love And Resistance Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.volar.site/
Where can I find the form 990 for Village Of Love And Resistance Inc?
Village Of Love And Resistance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.volar.site/
Learn more at the official website: www.volar.site/
Mission Statement of Village Of Love And Resistance Inc
Village of Love and Resistance Inc is committed to co-creating a cooperative community in East Baltimore, with the primary goal of empowering Black and Brown people. This community will be owned and controlled by these historical residents, providing them with opportunities to acquire, rehabilitate, and subsequently sell or rent properties. By doing so, the organization aims to build wealth within the community.
To accomplish this mission, Village of Love and Resistance Inc intends to redevelop a designated hub into a center that will house social entrepreneurs, retail businesses, and promote mindfulness and wellness. Additionally, the organization plans to offer economic and literacy trainings to the surrounding community. This is to ensure a substantial investment in the hub and the acquisition and development of abandoned residential properties in East Baltimore. By fostering a sense of community ownership and investment, Village of Love and Resistance Inc seeks to revitalize and uplift the East Baltimore area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Village Of Love And Resistance Inc's impact in East Baltimore is significant. By co-creating a cooperative community owned by Black and Brown people, this organization is providing opportunities for historical residents to acquire, rehab, and sell/rent property to build wealth. Additionally, they are redeveloping a hub to serve as a center for social entrepreneurs, retail businesses, and mindfulness and wellness activities. By offering economic and literacy trainings to the surrounding community, they are ensuring community investment in the hub and the acquisition and development of abandoned residential properties in East Baltimore. This multi-faceted approach is not only promoting community improvement but also fostering economic empowerment and inclusive development in the area.
This information is meant to be a general summary of Village Of Love And Resistance 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.
- Program Service Revenue: $33,531
- Gross Receipts: $51,408
Assets and Liabilities:
- Total Assets: $779,636
- Total Liabilities: $0
- Net Assets: $779,636
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$33,531
Organization Details
Founding Year
2018
Principal Officer
Marisela Gomez
Main Address
121 N BROADWAY STE SECOND FLOOR, BALTIMORE, MD, 21231
Website
www.volar.site/NTEE Category
Code: S31 - Community improvement
If you are a representative of Village Of Love And Resistance Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.