Overview
What is St Vincent's Institution?
St. Vincent's Institution is a nonprofit organization situated in Santa Barbara, California, with a focus on supporting low-income families and senior citizens. They adhere to the Social Teachings of the Catholic Church, guided by the charism of the Daughters of Charity of St. Vincent de Paul. Their primary mission is to offer affordable housing, early childhood education, and opportunities for family enrichment. They manage the San Vicente Mobile Home Park, a 41-acre senior community that provides affordable housing for 413 seniors. The park is subject to California's Mobile Home Residency Law and the Santa Barbara County's Rent Control Ordinance, making it an essential component of affordable housing in the region. With a workforce of 75 employees, St. Vincent's Institution continues to serve their community by providing essential support to those in need.
Official website here: www.stvincents-sb.org
What are the reviews and ratings of this charity?
**Rating: 81% (Three-Star out of Four Star Rating on Charity Navigator)**
St. Vincent's Institution has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management, reflected in its 81% score. The rating is primarily based on the Accountability & Finance beacon, showcasing strong governance characteristics, including a fully independent board and compliance with financial oversight measures, such as a whistleblower policy and an audit committee.
Despite these strengths, certain areas did not receive scores, such as Impact & Measurement, Culture & Community, and Leadership & Adaptability, which suggests that additional qualitative factors may not be currently assessed. Notably, while the organization has a commendable program expense ratio of approximately 75%, it falls short in terms of the liabilities to assets ratio, which might raise concerns regarding financial sustainability.
Unfortunately, user reviews from GreatNonprofits could not be accessed to provide further insights into public sentiment regarding St. Vincent's Institution. Therefore, for those considering support or partnership with the nonprofit, it would be prudent to conduct further inquiries or seek additional feedback from community members.
This AI summary has been generated from information found on Charity Navigator.
Is St Vincent's Institution legitimate?
St Vincent's Institution is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Vincent's Institution 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: $493,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,645,053
For more financial information, click here
Official website here: www.stvincents-sb.org
What is the mission statement of St Vincent's Institution?
St. Vincent's Institution is committed to strengthening the lives of low-income families and seniors, drawing inspiration from the Social Teachings of the Catholic Church. Loyal to the ideals of the Daughters of Charity of St. Vincent de Paul, the institution serves its community by offering affordable housing, early childhood education, and opportunities for family enrichment. The organization's mission is rooted in providing essential support, fostering growth, and promoting well-being for its brothers and sisters in need.
Official website here: www.stvincents-sb.org
Who is the CEO of St Vincent's Institution?
Rosa Paredes is the Chairperson of St Vincent's Institution. The CEO's salary of St Vincent's Institution is $182,202 and their total compensation is $199,840.
Official website here: www.stvincents-sb.org
What is the revenue of St Vincent's Institution?
St Vincent's Institution's revenue in 2022 was $7,291,649.
Official website here: www.stvincents-sb.org
Who are the executives of St Vincent's Institution and what are their salaries?
The average compensation at St Vincent's Institution during 2022 was $41,841. There are 75 employees and 112 volunteers at St Vincent's Institution.
Here are 12 key members and their salaries (St Vincent's Institution's CEO's salary is $182,202 and their total compensation is $199,840):
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- Compensation: $182,202
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- Other: $17,638
- Compensation: $109,361
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- Compensation: $109,323
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- Other: $10,523
- Compensation: $100,930
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- Other: $9,194
Official website here: www.stvincents-sb.org
Where can I find the form 990 for St Vincent's Institution?
St Vincent's Institution's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stvincents-sb.org
Learn more at the official website: www.stvincents-sb.org
Mission Statement of St Vincent's Institution
St. Vincent's Institution is committed to strengthening the lives of low-income families and senior citizens. Guided by the Social Teachings of the Catholic Church and the charism of the Daughters of Charity of St. Vincent de Paul, this organization serves its community by offering programs that are deeply rooted in these principles. St. Vincent's Institution strives to make a positive impact by providing affordable housing, early childhood education, and opportunities for family enrichment. The organization is faithful in its mission to serve its brothers and sisters in need, aiming to improve their living situations and provide them with the resources necessary to lead fulfilling lives.
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Impact
July, 2024
St. Vincent's Institution plays a crucial role in strengthening low-income families and seniors through its programs rooted in the Social Teachings of the Catholic Church. By providing affordable housing, early childhood education, and family enrichment opportunities, St. Vincent's impacts the lives of those in need in a tangible way. One significant contribution is the San Vicente Mobile Home Park, which serves as a form of affordable housing for seniors in Santa Barbara County. Through its mission and dedication to serving the community, St. Vincent's Institution makes a positive difference in the lives of hundreds of individuals and families who rely on its services for support and stability.
This information is meant to be a general summary of St Vincent's Institution. 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: $935,538
- Program Service Revenue: $2,537,802
- Gross Receipts: $7,356,007
Assets and Liabilities:
- Total Assets: $18,383,813
- Total Liabilities: $7,246,048
- Net Assets: $11,137,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$2,266,793
Tuition & Program Fees
Revenue
$271,009
Organization Details
Founding Year
1858
Phone
(805) 683-6381Principal Officer
Rosa Paredes
Main Address
4200 Calle Real, Santa Barbara, CA, 93110
Website
www.stvincents-sb.orgNTEE Category
Code: P40 - Human services
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