Overview
What is Vine Street Manor Housing Corporation?
Vine Street Manor Housing Corporation is a nonprofit organization situated in Kansas City, Missouri, specifically at 1505 NE Parvin Road. Their primary mission is to provide subsidized housing for elderly individuals with low incomes. By offering apartments, this organization aims to support and accommodate this specific demographic, thereby contributing to their well-being and independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
Vine Street Manor Housing Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization’s overall score is solely based on its Accountability & Finance segment, where it earned a high score of 90%. This rating is particularly significant as it indicates the nonprofit's effective stewardship of resources and transparency in its operations.
The organization demonstrates a robust governance structure, with a fully independent board comprising nine members, which contributes positively to its accountability score. Additionally, Vine Street Manor has established solid financial oversight practices, as evidenced by its audit and oversight committee's strong performance. The nonprofit also maintains a clear conflict of interest policy and has excellent documentation practices regarding board meeting minutes and document retention.
While the data indicates a strong financial footing, with a low liabilities-to-assets ratio and a high percentage of program expenses directed towards its mission (80.31%), the summary does not highlight any specific programmatic achievements or challenges faced by the organization. Nonetheless, the high scores in these critical areas suggest that Vine Street Manor Housing Corporation is effectively managing its financial resources to support its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Vine Street Manor Housing Corporation legitimate?
Vine Street Manor Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vine Street Manor Housing Corporation 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: $97,366
For more financial information, click here
What is the mission statement of Vine Street Manor Housing Corporation?
The Vine Street Manor Housing Corporation is dedicated to providing subsidized housing for individuals who fall under the category of very low income elderly persons. Their primary mission is to ensure that these elderly individuals have access to suitable living accommodations. The organization operates an apartment building specifically designed for this demographic, aiming to make housing more affordable and accessible for this vulnerable group. Their activities are centered around this mission, providing a home and a sense of community for elderly individuals who may otherwise struggle with housing affordability.
Who is the CEO of Vine Street Manor Housing Corporation?
Clarence E Cunningham is the President of Vine Street Manor Housing Corporation. The CEO's salary of Vine Street Manor Housing Corporation is $0 and their total compensation is $0.
What is the revenue of Vine Street Manor Housing Corporation?
Vine Street Manor Housing Corporation's revenue in 2022 was $516,476.
Who are the executives of Vine Street Manor Housing Corporation and what are their salaries?
There 9 volunteers at Vine Street Manor Housing Corporation.
Here are 9 key members and their salaries (Vine Street Manor Housing Corporation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Vine Street Manor Housing Corporation?
Vine Street Manor Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vine Street Manor Housing Corporation
Vine Street Manor Housing Corporation is a nonprofit organization dedicated to providing subsidized housing for elderly individuals with very low income levels. Their mission is to create an apartment building that serves as a home for these individuals, offering them a secure and affordable living space. By focusing on this population, Vine Street Manor Housing Corporation aims to make a significant impact on the lives of elderly individuals who may be facing financial challenges. The organization's commitment to subsidized housing ensures that these elderly individuals can maintain their independence and dignity while living in a safe and supportive environment. The corporation's primary activity is the operation of this apartment building, providing a vital service to those in need.
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Impact
July, 2024
Vine Street Manor Housing Corporation provides subsidized housing for very low-income elderly persons in Kansas City, Missouri. Their impact is significant as they offer a safe and affordable living option for a vulnerable population who may not have access to suitable housing otherwise. By providing this vital service, Vine Street Manor contributes to the well-being and quality of life of elderly individuals in need, ensuring they have a place to call home and receive the support they require. This organization plays a crucial role in addressing housing insecurity among the elderly and enhancing the overall community's social fabric.
This information is meant to be a general summary of Vine Street Manor Housing Corporation. 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.
- Investment Income: $55
- Program Service Revenue: $177,389
- Gross Receipts: $516,476
Assets and Liabilities:
- Total Assets: $3,589,749
- Total Liabilities: $37,470
- Net Assets: $3,552,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$167,777
LAUNDRY AND VENDING REV
Revenue
$3,372
TENANT CHARGES
Revenue
$6,240
Organization Details
Founding Year
2004
Phone
(913) 758-0909Principal Officer
Clarence E Cunningham
Main Address
1505 NE PARVIN ROAD, KANSAS CITY, MO, 64116
NTEE Category
Code: L20 - Housing
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