Overview
What is Voa Monroe Village Ah Inc?
Voa Monroe Village Ah Inc is a nonprofit organization situated in Alexandria, Virginia. Their primary mission, as outlined under the National Housing Act, is to provide housing for elderly individuals and families, operating under an agreement with the Department of HUD. By doing so, they contribute to the well-being and stability of this specific demographic, offering them a secure living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Voa Monroe Village Ah Inc has received a favorable rating of 79%, reflecting a solid performance in accountability and finance. The organization boasts a high program expense ratio of 93.02%, indicating that a significant portion of its funding is directed toward its mission-related programs. Additionally, the organization is governed by a predominantly independent board, which enhances its accountability and oversight capabilities.
Strengths of Voa Monroe Village Ah Inc include comprehensive financial oversight mechanisms such as an Audit and Oversight Committee, as well as effective policies on conflict of interest, whistleblower protections, and document retention. All these elements contribute to a transparent operating structure, ensuring that donor funds are managed responsibly.
No significant limitations were noted in the data, suggesting that the organization is operating effectively within its governance frameworks. Overall, Voa Monroe Village Ah Inc demonstrates strong financial health and commitment to accountability, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Voa Monroe Village Ah Inc legitimate?
Voa Monroe Village Ah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voa Monroe Village Ah 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: $61,908
For more financial information, click here
What is the mission statement of Voa Monroe Village Ah Inc?
Voa Monroe Village Ah Inc, as part of its mission, provides housing solutions for elderly individuals and families, adhering to Section 221(D)(4) of the National Housing Act. This is done under an agreement with the Department of Housing and Urban Development (HUD). The organization's primary goal is to offer suitable housing accommodations within the confines of this legislative framework, aiming to serve the needs of the elderly population effectively. By collaborating with HUD, Voa Monroe Village Ah Inc is able to provide secure and comfortable living environments, thereby contributing to the overall well-being of the elderly community.
Who is the CEO of Voa Monroe Village Ah Inc?
Peter Desjardins is the President of Voa Monroe Village Ah Inc.
What is the revenue of Voa Monroe Village Ah Inc?
Voa Monroe Village Ah Inc's revenue in 2023 was $739,884.
Who are the executives of Voa Monroe Village Ah 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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- Related: $329,561
- Other: $152,258
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- Related: $319,790
- Other: $98,843
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- Related: $314,949
- 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
- Compensation: $0
- 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 Voa Monroe Village Ah Inc?
Voa Monroe Village Ah Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Voa Monroe Village Ah Inc
Voa Monroe Village Ah Inc, as a nonprofit organization, is dedicated to providing housing solutions for elderly persons and families. It operates under Section 221(D)(4) of the National Housing Act, with an agreement from the Department of Housing and Urban Development (HUD). The mission of Voa Monroe Village Ah Inc is to offer a secure living environment for the elderly and families in need, providing them with a suitable place to call home. By leveraging this agreement with HUD, Voa Monroe Village Ah Inc is able to make a significant impact in the lives of these individuals, ensuring they have access to comfortable and safe housing.
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Impact
July, 2024
Voa Monroe Village Ah Inc provides housing to elderly persons and families under Section 221(d)(4) of the National Housing Act under an agreement with the Department of HUD. Their impact is significant in improving the community by offering secure and affordable housing options to those in need, particularly elderly individuals and families. Through their mission of providing housing under governmental agreements, they contribute to enhancing the quality of life for vulnerable populations and promoting stability within communities.
This information is meant to be a general summary of Voa Monroe Village Ah 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: $67
- Program Service Revenue: $739,817
- Gross Receipts: $739,884
Assets and Liabilities:
- Total Assets: $5,869,754
- Total Liabilities: $7,419,273
- Net Assets: -$1,549,519
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$739,817
Organization Details
Founding Year
2020
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22314
NTEE Category
Code: S80 - Community improvement
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