Vulnerable Communities Initiative Inc

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

EIN: 861741069 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Vulnerable Communities Initiative Inc?

Vulnerable Communities Initiative Inc is a nonprofit organization based in Atlanta, Georgia, dedicated to supporting vulnerable communities. Their primary focus is on developing and implementing effective strategies to promote neighborhood and community stabilization, as well as affordable housing. In 2022, their activities included providing technical assistance to multiple municipalities in Alabama and Tennessee, disaster early response work in various locations, conducting research, participating in meetings, and collaborating with other organizations. Their mission is to enhance the well-being of these communities, ensuring they have access to stable and affordable living environments.


Official website here: www.vulnerablecommunities.org/

Is Vulnerable Communities Initiative Inc legitimate?

Vulnerable Communities Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vulnerable Communities Initiative 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.vulnerablecommunities.org/

What is the mission statement of Vulnerable Communities Initiative Inc?

The Vulnerable Communities Initiative Inc is committed to serving vulnerable communities by developing and implementing efficient, effective, and equitable strategies for neighborhood and community stabilization, as well as affordable housing. Their mission encompasses providing support for these communities, aiming to promote stability and affordable housing options. In 2022, their efforts included offering technical assistance to multiple municipalities in Alabama and Tennessee, disaster early response work in various locations, and collaborations related to land banking and affordable housing. Their activities also include research, preparation of advisory letters, and involvement in numerous meetings on these topics.


Official website here: www.vulnerablecommunities.org/

Who is the CEO of Vulnerable Communities Initiative Inc?

Frank S Alexander is the Vice Chair And Director Of Strategic Initiatives of Vulnerable Communities Initiative Inc.


Official website here: www.vulnerablecommunities.org/

What is the revenue of Vulnerable Communities Initiative Inc?

Vulnerable Communities Initiative Inc's revenue in 2022 was $178,701.


Official website here: www.vulnerablecommunities.org/

Who are the executives of Vulnerable Communities Initiative Inc and what are their salaries?

There 15 volunteers at Vulnerable Communities Initiative Inc.


Here are 4 key members and their salaries:


Kim Graziani (Vice Chair And Director Of Strategic Initiatives)
  • Compensation: $13,465
  • Related: $0
  • Other: $0
Frank S Alexander (Chair And Executive Director)
  • Compensation: $130,577
  • Related: $0
  • Other: $0
Stephanie Earl (Director Of Finance And Research)
  • Compensation: $2,521
  • Related: $0
  • Other: $0
Josiah Watts (Director Of Community Engagement)
  • Compensation: $770
  • Related: $0
  • Other: $0


Official website here: www.vulnerablecommunities.org/

Where can I find the form 990 for Vulnerable Communities Initiative Inc?

Vulnerable Communities Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vulnerablecommunities.org/

Learn more at the official website: www.vulnerablecommunities.org/

Mission Statement of Vulnerable Communities Initiative Inc

Vulnerable Communities Initiative Inc is a nonprofit organization dedicated to serving vulnerable communities. Its primary mission is to provide efficient, effective, and equitable strategies to support neighborhood and community stabilization, as well as the promotion of affordable housing. The corporation aims to implement these strategies to enhance the living conditions of various communities, ensuring they remain stable and sustainable. During 2022, Vulnerable Communities Initiative Inc provided technical assistance to several municipalities in Alabama and Tennessee, focusing on land banking and code enforcement. They also participated in meetings and collaborations related to land banking and affordable housing, showcasing their commitment to these critical issues. By providing these services, Vulnerable Communities Initiative Inc aims to improve the living conditions and stability of vulnerable communities, ultimately contributing to a more equitable society.

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Impact




October, 2024

Vulnerable Communities Initiative Inc significantly impacts vulnerable communities by developing and implementing effective, equitable strategies designed to foster neighborhood stabilization and promote affordable housing. In 2022, their diverse activities included providing technical assistance to various municipalities in Alabama and Memphis, TN, focusing on land banking and code enforcement. They also engaged in disaster early response efforts in Hazard, KY, Port Charlotte, FL, and Griffin, GA, demonstrating a commitment to immediate community needs during critical times.

Their research and guidance on land banking practices in San Francisco, CA, as well as active participation in discussions on affordable housing in San Juan, PR, highlight their role in shaping policies that aim to support struggling neighborhoods. Collaborations with academic institutions like Georgia Tech, along with consultations with land bank authorities in Savannah-Chatham and Glynn-Brunswick, further underline their dedication to creating sustainable solutions for community challenges. Through these initiatives, Vulnerable Communities Initiative Inc plays a crucial role in enhancing the resilience and vitality of communities facing economic and social hurdles.




This information is meant to be a general summary of Vulnerable Communities Initiative 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
$178,701 (2022)
Expenses
$149,635 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $177,290
  • Gross Receipts: $178,701

Assets and Liabilities:

  • Total Assets: $29,230
  • Total Liabilities: $0
  • Net Assets: $29,230

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Programs

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

TECHNICAL ASSISTANCE

Revenue

$176,254

Organization Details

Founding Year

2020

Principal Officer

Frank S Alexander

Main Address

3028 MORNINGTON DR NW, ATLANTA, GA, 303271222

NTEE Category

Code: S20 - Community improvement

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