Overview
What is Vineyard Village Inc?
Vineyard Village Inc is a nonprofit organization situated in Berkeley, California, specifically at 1835 Alcatraz Avenue. Their primary mission is to provide appropriate housing facilities for the elderly, addressing their physical, social, and psychological needs. They achieve this through the operation of an affordable housing project, which consists of 75 rental units, specifically designed for low-income seniors. This project is regulated by HUD, ensuring compliance with rental charges, operating methods, and other related matters under Section 202 of the National Housing Act. The organization's project is located in Livermore, California.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Vineyard Village Inc has received an overall rating of 86%, indicating a strong performance primarily in the area of Accountability & Finance. This score reflects the nonprofit's commitment to transparency and effective governance, as evidenced by its 100% independent board members and robust audit practices, which contribute to its credibility and reliability in managing resources.
The organization's financial health is commendable, with a low liabilities to assets ratio of 2.91% and an impressive program expense ratio of 92.33%. This suggests that the majority of its funds are directed toward its programs rather than administrative costs, highlighting its focus on fulfilling its mission and serving its community effectively.
However, while the rating showcases strong accountability practices, potential donors might want to consider additional qualitative factors, such as the impact of its programs and community engagement, which are not reflected in the numerical score alone. Overall, Vineyard Village Inc demonstrates solid financial stability and governance, making it a trustworthy option for support.
This AI summary has been generated from information found on Charity Navigator.
Is Vineyard Village Inc legitimate?
Vineyard Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vineyard Village 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: $381,787
For more financial information, click here
What is the mission statement of Vineyard Village Inc?
Vineyard Village Inc, as an organization, is committed to providing elderly individuals with housing facilities that cater to their physical, social, and psychological needs. The corporation's mission is to offer a specific type of housing that addresses the unique requirements of the elderly population, ensuring their overall well-being. To accomplish this, Vineyard Village Inc operates an affordable housing project, which comprises 75 rental units for low-income seniors. This project is regulated under Section 202 of the National Housing Act, overseeing aspects such as rent charges and operational methods.
Who is the CEO of Vineyard Village Inc?
Bob Hoffman is the Vice President of Vineyard Village Inc.
What is the revenue of Vineyard Village Inc?
Vineyard Village Inc's revenue in 2022 was $1,901,845.
Who are the executives of Vineyard Village Inc and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Vineyard Village Inc?
Vineyard Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vineyard Village Inc
Vineyard Village Inc, a nonprofit organization, is committed to providing housing facilities that cater to the unique needs of the elderly. These facilities are meticulously designed to address the physical, social, and psychological requirements of senior citizens. The corporation's mission is to offer a safe and comfortable living environment for low-income seniors, ensuring they can age with dignity and independence. Vineyard Village Inc operates and manages an affordable housing project, which includes 75 rental units in Livermore, California. This project is regulated under Section 202 of the National Housing Act, ensuring that the rent charges, operating methods, and other relevant factors are in compliance with the guidelines set by the U.S. Department of Housing and Urban Development (HUD).
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Impact
July, 2024
Vineyard Village Inc's impact lies in providing much-needed housing facilities specially designed to meet the physical, social, and psychological needs of elderly individuals. Specifically, it offers rental housing for low-income seniors through its affordable housing project consisting of 75 rental units in Livermore, California. This initiative contributes to enhancing the quality of life for low-income seniors by ensuring they have a safe and supportive living environment.
This information is meant to be a general summary of Vineyard Village 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: $4,973
- Program Service Revenue: $345,403
- Gross Receipts: $1,901,845
Assets and Liabilities:
- Total Assets: $4,689,475
- Total Liabilities: $137,933
- Net Assets: $4,551,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY
Revenue
$2,659
MISCELLANEOUS INCOME
Revenue
$2,171
RENTAL INCOME
Revenue
$340,025
TENANT CHARGES
Revenue
$548
Organization Details
Founding Year
1980
Phone
(510) 647-0700Principal Officer
Bob Hoffman
Main Address
1835 Alcatraz Avenue, Berkeley, CA, 94703
NTEE Category
Code: L22 - Housing
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