Overview
What is Bay Vista Methodist Heights Inc?
Bay Vista Methodist Heights Inc is a 55-year-old nonprofit organization situated in Escondido, California. With a small team of five employees, they have dedicated their efforts to community-based affordable housing in the San Diego County area. Recently, they've embarked on a project to establish an 18,300 square foot community center, named Lisbon Vista Village, serving the Encanto, Jamacha, and Southeast San Diego communities. This center aims to contribute to the well-being of these communities by offering necessary resources and facilities.
Official website here: www.bvista.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Bay Vista Methodist Heights Inc has achieved an 81% score from Charity Navigator, indicating a solid performance in accountability and finance. The organization benefits from a fully independent board and robust financial oversight, evidenced by its perfect scores in several governance categories, including an Audit and Oversight Committee and comprehensive conflict of interest policies.
The charity boasts a program expense ratio of 100%, which suggests that all of its expenses are directed towards its programs, reflecting a strong commitment to its mission. Additionally, the organization has no reported material diversions of assets, contributing to its positive financial standing. However, it faces a challenge with a liabilities to assets ratio of 79.42%, indicating a higher level of liabilities compared to its assets.
While Bay Vista Methodist Heights Inc demonstrates commendable financial practices and governance, the high liabilities may pose potential risks that need to be monitored. Overall, the organization shows a commitment to transparency and ethical practices, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Vista Methodist Heights Inc legitimate?
Bay Vista Methodist Heights Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Vista Methodist Heights 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: $99,336
For more financial information, click here
Official website here: www.bvista.org
What is the mission statement of Bay Vista Methodist Heights Inc?
Bay Vista Methodist Heights Inc has been dedicated to community-based affordable housing in the San Diego County area for over five decades. Their primary focus has been on providing affordable housing solutions for several decades. They have been actively involved in the acquisition, renovation, and creation of housing facilities, leading to the establishment of a community center serving the Encanto, Jamacha, and Southeast San Diego communities. Additionally, they have developed Lisbon Vista Village, further expanding their commitment to affordable housing.
Official website here: www.bvista.org
Who is the CEO of Bay Vista Methodist Heights Inc?
Cheryl Lee is the Ceo And Ceo of Bay Vista Methodist Heights Inc. The CEO's salary of Bay Vista Methodist Heights Inc is $0 and their total compensation is $0.
Official website here: www.bvista.org
What is the revenue of Bay Vista Methodist Heights Inc?
Bay Vista Methodist Heights Inc's revenue in 2023 was $1,046,902.
Official website here: www.bvista.org
Who are the executives of Bay Vista Methodist Heights Inc and what are their salaries?
The average compensation at Bay Vista Methodist Heights Inc during 2023 was $19,867. There are 5 employees at Bay Vista Methodist Heights Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bvista.org
Where can I find the form 990 for Bay Vista Methodist Heights Inc?
Bay Vista Methodist Heights Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bvista.org
Learn more at the official website: www.bvista.org
Mission Statement of Bay Vista Methodist Heights Inc
Bay Vista Methodist Heights Inc has dedicated its mission to community-based affordable housing in the San Diego County area for over five decades. For 55 years, this organization has been actively involved in acquiring, renovating, and creating housing solutions, focusing on the needs of the Encanto, Jamacha, and Southeast San Diego communities. One of their notable achievements is the establishment of an 18,300-square-foot community center, known as Lisbon Vista Village, which serves these communities effectively.
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Impact
July, 2024
Bay Vista Methodist Heights Inc has had a significant impact on the San Diego County area for over 55 years by focusing on community-based affordable housing. One notable achievement is the acquisition, renovation, and creation of an 18,300 square foot community center serving the Encanto, Jamacha, and Southeast San Diego communities at Lisbon Vista Village in Escondido, CA. By providing affordable housing options and community resources, Bay Vista plays a crucial role in enhancing the quality of life for residents in these areas. Their commitment to affordable housing aligns with their mission of serving the community and addressing housing needs in the region.
This information is meant to be a general summary of Bay Vista Methodist Heights 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: $84,985
- Gross Receipts: $1,046,902
Assets and Liabilities:
- Total Assets: $24,307,014
- Total Liabilities: $19,306,842
- Net Assets: $5,000,172
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Organization Details
Founding Year
1966
Principal Officer
Cheryl Lee
Main Address
140 N ESCONDIDO BLVD, ESCONDIDO, CA, 92025
Website
www.bvista.orgNTEE Category
Code: L200 - Housing
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