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Visions Of Truth Community Development Corporation

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

EIN: 900385655 ✦ Portsmouth, VA ✦ Designated as a 501(c)(3)

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Overview

What is Visions Of Truth Community Development Corporation?

Visions of Truth Community Development Corporation is a non-profit organization based in Portsmouth, Virginia, with a mission to empower families and individuals from low-income, marginalized communities to achieve self-sufficiency and greater economic mobility, ensuring a quality of life sustained by economic independence. Their primary focus is on providing assistance to the economically disadvantaged residents of Portsmouth, with the aim of improving their overall well-being and creating a more inclusive community. The organization works tirelessly to help these individuals achieve greater financial stability and independence.


Official website here: www.votcdc.org

Is Visions Of Truth Community Development Corporation legitimate?

Visions Of Truth Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Visions Of Truth Community Development 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: $0

For more financial information, click here


Official website here: www.votcdc.org

What is the mission statement of Visions Of Truth Community Development Corporation?

The Visions Of Truth Community Development Corporation's mission is to aid low and moderate income residents in overcoming their economic struggles and achieving self-sufficiency. By focusing on marginalized communities, they strive to improve the quality of life for families and individuals, making it sustainable through economic independence. The organization aims to empower these individuals to take charge of their own lives and secure a better future for themselves.


Official website here: www.votcdc.org

Who is the CEO of Visions Of Truth Community Development Corporation?

Margaret Depena is the President of Visions Of Truth Community Development Corporation.


Official website here: www.votcdc.org

What is the revenue of Visions Of Truth Community Development Corporation?

Visions Of Truth Community Development Corporation's revenue in 2022 was $248,577.


Official website here: www.votcdc.org

Who are the executives of Visions Of Truth Community Development Corporation and what are their salaries?

There 3 volunteers at Visions Of Truth Community Development Corporation.


Here are 3 key members and their salaries:


Calvin Bullock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnetta Vaughn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Depena (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.votcdc.org

Where can I find the form 990 for Visions Of Truth Community Development Corporation?

Visions Of Truth Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.votcdc.org

Learn more at the official website: www.votcdc.org

Mission Statement of Visions Of Truth Community Development Corporation

Visions Of Truth Community Development Corporation, a nonprofit organization, is dedicated to empowering low and moderate-income residents in marginalized communities. The corporation aims to achieve this by assisting these individuals and families in attaining self-sufficiency and greater economic mobility. The ultimate goal is to create a life of quality sustained by economic independence for those they serve. By providing the necessary support and resources, Visions Of Truth Community Development Corporation aspires to help the communities they serve overcome the challenges they face and build a brighter future for themselves.

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Impact




June, 2024

Visions of Truth Community Development Corporation's impact is significant in empowering low and moderate-income residents of Portsmouth's marginalized communities to achieve self-sufficiency and greater economic mobility. Through their programs and services, they help individuals and families create a quality of life sustained by economic independence.




This information is meant to be a general summary of Visions Of Truth Community Development 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.

Revenue
$248,577 (2022)
Expenses
$184,255 (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: $18,810
  • Gross Receipts: $248,577

Assets and Liabilities:

  • Total Assets: $78,206
  • Total Liabilities: $47,359
  • Net Assets: $30,847

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Programs

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

CAMP FEES

Revenue

$18,810

Organization Details

Founding Year

2009

Principal Officer

Margaret Depena

Main Address

5910 WEST NORFOLK ROAD, PORTSMOUTH, VA, 23703

NTEE Category

Code: C20 - Environment

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