Overview
What is The Vigil Light Inc?
The Vigil Light Inc, based in Santa Rosa, California, is a nonprofit organization with a noble mission. They grant funds to tax-exempt, charitable organizations, allowing these entities to provide essential housing and related facilities and services for low-income individuals, seniors, and the homeless. By offering these grants or loans, The Vigil Light Inc is dedicated to making a tangible impact on the lives of those in need, providing them with a sense of security and stability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
The Vigil Light Inc has earned a strong reputation with a Four-Star rating from Charity Navigator, reflecting its robust Accountability & Finance score of 94%. This rating indicates that the organization is effectively managing its resources and maintaining high levels of transparency and accountability, which is essential for building donor trust.
Strengths of The Vigil Light Inc include its fully independent board, with all five members being independent, and a commendable program expense ratio of 98.89%. This suggests that the vast majority of funds are directed towards programmatic efforts rather than administrative costs. The charity also has well-documented policies in place, including conflict of interest and whistleblower policies, which showcase a commitment to ethical governance.
While the organization has no reported material diversion of assets and maintains a perfect liabilities to assets ratio of 0.00%, there were no noted limitations in the data provided. Overall, The Vigil Light Inc demonstrates strong financial health and governance practices, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Vigil Light Inc legitimate?
The Vigil Light Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Vigil Light 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
What is the mission statement of The Vigil Light Inc?
The Vigil Light Inc is committed to providing housing and related facilities and services for low-income seniors, as well as the homeless population. They accomplish this by granting or lending funds to charitable, tax-exempt nonprofit organizations. These organizations then utilize these funds to offer housing and related services for the specified group of individuals and households. The mission of The Vigil Light Inc is to alleviate housing issues and improve living conditions for those in need, thereby contributing to their overall well-being.
Who is the CEO of The Vigil Light Inc?
Stephen F Burke is the Principal Officer of The Vigil Light Inc.
What is the revenue of The Vigil Light Inc?
The Vigil Light Inc's revenue in 2023 was $34,085.
Who are the executives of The Vigil Light Inc and what are their salaries?
Here are 5 key members and their salaries:
- 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
Where can I find the form 990 for The Vigil Light Inc?
The Vigil Light Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Vigil Light Inc
The Vigil Light Inc is dedicated to providing housing and essential facilities and services for individuals and families who are financially disadvantaged, senior, or homeless. They achieve this mission by making grants or loans to charitable tax-exempt nonprofit organizations. These organizations then utilize the funds to offer housing and related facilities and services to the specified population. By doing so, The Vigil Light Inc plays a crucial role in helping those in need secure a stable living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Vigil Light Inc's impact is significant in providing housing and related facilities and services for low-income, senior, and homeless individuals and households. Through grants and loans to charitable tax-exempt organizations, The Vigil Light Inc enables these organizations to fulfill their mission of offering housing and essential services to those in need. This support directly contributes to addressing the housing challenges faced by vulnerable populations in Santa Rosa, CA, making a tangible difference in improving the lives of individuals and families who may otherwise struggle to find stable housing options.
This information is meant to be a general summary of The Vigil Light 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 2023.
- Investment Income: $34,085
- Gross Receipts: $34,085
Assets and Liabilities:
- Total Assets: $2,616,270
- Total Liabilities: $0
- Net Assets: $2,616,270
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1978
Phone
(707) 539-0458Principal Officer
Stephen F Burke
Main Address
5255 Beaumont Way, Santa Rosa, CA, 95409
NTEE Category
Code: L22Z - Housing
If you are a representative of The Vigil Light Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.