Overview
What is Valley Charities Inc?
Valley Charities Inc is a compassionate nonprofit organization based in Wasilla, Alaska, with the US address at 400 N Yenlo. Their mission revolves around providing essential services to economically disadvantaged members of their community. Through strategic partnerships with seven other local agencies, Valley Charities offers housing and utility assistance programs to prevent homelessness. Their commitment extends beyond housing, as they also loan medical equipment and distribute clothing in-kind to those in need. Valley Charities believes in the power of collaborative efforts to improve the lives of their neighbors striving to make ends meet.
Official website here: www.valleycharities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star Rating
Valley Charities Inc has received a Four-Star rating from Charity Navigator, indicating strong performance in terms of accountability and finance. The charity's overall score is based entirely on its Accountability & Finance metrics, where it achieved an impressive score of 92%. This suggests that the organization is effectively managing its resources and adhering to high standards of transparency and governance.
The organization excels in several key areas, including having a fully independent board, robust financial audits, and no reported material diversion of assets. Additionally, it shows a remarkable program expense ratio of 99.43%, indicating that a significant portion of its funds is directed toward its charitable programs rather than administrative costs. The presence of comprehensive policies such as conflict of interest and document retention further underscores its commitment to accountability.
However, a noted limitation is the absence of a whistleblower policy, which received a score of zero. While this does not significantly detract from the charity's overall performance, it highlights an area where Valley Charities Inc could enhance its governance practices. Overall, the organization demonstrates strong potential and responsible management, aligning well with its mission and community needs.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Charities Inc legitimate?
Valley Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Charities 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: $190,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,488,042
For more financial information, click here
Official website here: www.valleycharities.org
What is the mission statement of Valley Charities Inc?
Valley Charities Inc is dedicated to assisting economically disadvantaged individuals in their community. They bridge the gap between those in need and the help they require, offering housing and utility assistance, medical equipment loans, and in-kind clothing. The organization values collaborations that enhance the lives of struggling neighbors, working with seven other agencies to provide housing-related services and prevent homelessness through various grants.
Official website here: www.valleycharities.org
Who is the CEO of Valley Charities Inc?
John Rozzi is the Ceo of Valley Charities Inc. The CEO's salary of Valley Charities Inc is $108,467 and their total compensation is $109,464.
Official website here: www.valleycharities.org
What is the revenue of Valley Charities Inc?
Valley Charities Inc's revenue in 2022 was $86,387,328.
Official website here: www.valleycharities.org
Who are the executives of Valley Charities Inc and what are their salaries?
There 63 volunteers at Valley Charities Inc.
Here are 9 key members and their salaries (Valley Charities Inc's CEO's salary is $108,467 and their total compensation is $109,464):
- Compensation: $108,467
- Related: $0
- Other: $997
- Compensation: $79,878
- Related: $0
- Other: $997
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.valleycharities.org
Where can I find the form 990 for Valley Charities Inc?
Valley Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valleycharities.org
Learn more at the official website: www.valleycharities.org
Mission Statement of Valley Charities Inc
Valley Charities Inc, a nonprofit organization, is dedicated to bridging the gap between those in need and the resources that can help them. By connecting economically disadvantaged neighbors with essential services, Valley Charities aims to enrich their lives and help them make ends meet. The organization's mission is twofold: providing housing and utility assistance, loaning medical equipment, and distributing clothing in-kind.
Through various grants and partnerships with seven other Mat-Su agencies, Valley Charities has developed a robust housing assistance program. This initiative prevents residents from becoming homeless by offering a safety net of associated services. By collaborating with these organizations, Valley Charities can extend its reach and offer more comprehensive aid to those in need. The nonprofit organization's commitment to fostering partnerships is a testament to its belief in collectively improving the lives of its neighbors.
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Impact
October, 2024
Valley Charities Inc makes a significant impact by connecting economically disadvantaged individuals with essential resources and support in the Wasilla, AK area. Their multifaceted approach focuses on preventing homelessness through housing assistance programs, which are powered by partnerships with seven other local agencies. By offering housing and utility assistance, they address critical needs that help individuals maintain stability in their lives.
In addition to housing support, Valley Charities Inc provides vital resources such as medical equipment loans and in-kind clothing donations. This comprehensive assistance not only enriches the lives of their neighbors but also fosters a sense of community and partnership among local organizations. Their mission reflects a commitment to improving the quality of life for those facing economic challenges, ensuring that they have access to the resources necessary to thrive.
This information is meant to be a general summary of Valley Charities 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.
- Investment Income: $2,432
- Gross Receipts: $86,763,238
Assets and Liabilities:
- Total Assets: $2,675,483
- Total Liabilities: $1,157,888
- Net Assets: $1,517,595
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Organization Details
Founding Year
1992
Phone
(907) 376-5708Principal Officer
John Rozzi
Main Address
400 N YENLO, WASILLA, AK, 99654
Website
www.valleycharities.orgNTEE Category
Code: Z99Z - Unknown
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