Overview
What is Vtc Enterprises?
Vtc Enterprises, established in 1961, is a nonprofit organization based in Santa Maria, California. Originally founded to assist adults with intellectual disabilities, it has evolved over the decades to provide comprehensive rehabilitation, vocational, and employment services. The organization has expanded its operations beyond its home office in Santa Maria, serving individuals in various community locations and through contracts at military bases. In 2001, it changed its corporate name to Vtc Enterprises to reflect its community-focused programs and businesses. Vtc Enterprises is known for its person-centered approach, empowering individuals to design their personal goals and objectives. It serves approximately 320 individuals per month, providing employment training, lifelong learning, and community engagement. The organization distinguishes itself by serving those with the most intense care needs and offering a wide range of employment opportunities for individuals with varying levels of support requirements, which are not widely available in the Northern Santa Barbara County area. Vtc Enterprises has received high accolades, including a 3-year accreditation from CARF International and notable achievements in contract renegotiations and engineering competitions.
Official website here: www.vtc-sm.org/
What are the reviews and ratings of this charity?
VTC Enterprises has been awarded an impressive Four-Star out of Four Star rating from Charity Navigator, achieving a high score of 96%. This rating reflects the organization's strong fiscal management and accountability practices, highlighted by a perfect score in both its Culture & Community and Accountability & Finance sectors. The organization demonstrates strong governance, with a completely independent board and a solid financial stewardship model, ensuring confidence in its operational integrity.
The nonprofit showcases strengths in financial oversight and transparency, reporting no material asset diversions and maintaining a low liabilities-to-assets ratio. Additionally, a remarkable 90.29% of expenses are directed towards program services, underscoring the organization's commitment to its mission. However, there's a minor shortcoming noted in the non-disclosure of tax forms on its website, slightly impacting its transparency score.
Despite recognized challenges in gathering honest feedback, VTC Enterprises excels in collecting and utilizing feedback to improve its services, earning a perfect score in this area. These strengths, alongside an excellent expense management record, reinforce its status as a reliable and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Vtc Enterprises?
88% of 34 reviewers on Facebook recommend VTC Enterprises. Here’s a summary of their insights:
Many individuals express strong appreciation for VTC Enterprises, highlighting their hard work and dedication. The enthusiastic comments indicate a positive experience with the organization, showcasing the support it provides to its community members and emphasizing its commitment to their needs.
Overall, VTC Enterprises seems to resonate well with those who have engaged with their services, suggesting that the nonprofit effectively fulfills its mission and meets the expectations of its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Vtc Enterprises legitimate?
Vtc Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vtc Enterprises 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: $162,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,367,106
For more financial information, click here
Official website here: www.vtc-sm.org/
What is the mission statement of Vtc Enterprises?
Vtc Enterprises' mission is centered around providing rehabilitation, vocational, employment, and advocacy services to adults with developmental disabilities. The organization aims to assist individuals in achieving their life goals, with a vision of promoting employment and community engagement for individuals of all abilities. Their services encompass employment training, lifelong learning, life enrichment, and community engagement. Vtc Enterprises uses a person-centered approach, enabling individuals to design their own goals and objectives through a supportive planning process. They offer direct care for those requiring intensive support, as well as employment and community integration options for individuals with significant barriers to employment, a service not provided by other organizations in the area on the same scale. Vtc Enterprises holds federal government contracts through the AbilityOne Program and SourceAmerica, offering long-term employment opportunities for individuals with disabilities.
Official website here: www.vtc-sm.org/
Who is the CEO of Vtc Enterprises?
Schelli Acosta is the Principal Officer of Vtc Enterprises. The CEO's salary of Vtc Enterprises is $149,116 and their total compensation is $158,514.
Official website here: www.vtc-sm.org/
What is the revenue of Vtc Enterprises?
Vtc Enterprises's revenue in 2022 was $11,441,559.
Official website here: www.vtc-sm.org/
Who are the executives of Vtc Enterprises and what are their salaries?
The average compensation at Vtc Enterprises during 2022 was $28,022. There are 233 employees and 32 volunteers at Vtc Enterprises.
Here are 18 key members and their salaries (Vtc Enterprises's CEO's salary is $149,116 and their total compensation is $158,514):
- Compensation: $149,116
- Related: $0
- Other: $9,398
- Compensation: $128,500
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- Other: $3,162
- Compensation: $125,017
- Related: $0
- Other: $3,837
- Compensation: $106,003
- Related: $0
- Other: $3,309
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Official website here: www.vtc-sm.org/
Where can I find the form 990 for Vtc Enterprises?
Vtc Enterprises's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vtc-sm.org/
Learn more at the official website: www.vtc-sm.org/
Mission Statement of Vtc Enterprises
Vtc Enterprises, a renowned nonprofit organization, is dedicated to providing rehabilitation, vocational, employment, and advocacy services to adults with developmental disabilities. Established in the 1960s by concerned parents, the organization's mission has evolved over the years, reflecting the growing needs and abilities of its clientele. Today, Vtc Enterprises aims to assist individuals with disabilities in achieving their life goals, with a vision of a society where individuals of all abilities can obtain employment or engage as active community members to the extent they choose.
The organization offers a wide range of services, including employment training, lifelong learning, and life enrichment programs. These services are tailored to the unique needs of each individual, with a strong emphasis on person-centered planning. This approach allows individuals to design their own goals and objectives, ensuring that the support they receive is personalized and effective. Vtc Enterprises also provides community engagement opportunities, helping individuals to integrate into their local communities and lead fulfilling lives.
In addition to these core services, Vtc Enterprises also operates small businesses, such as Custodial Services, Spiffy Lawn & Garden Maintenance, The 'A' Street Caf, and Innovative Printing Solutions. These businesses provide employment opportunities for individuals with disabilities, offering them the chance to gain valuable work experience and earn a living. Vtc Enterprises also holds contracts with the federal government through the AbilityOne Program and SourceAmerica, providing employment and community integration options for a large number of individuals who face significant barriers to employment.
In summary, Vtc Enterprises is a mission-driven organization that is committed to empowering adults with developmental disabilities. Through its comprehensive range of services, the organization helps individuals to achieve their life goals, gain employment, and integrate into their communities. With a person-centered approach and a strong focus on advocacy, Vtc Enterprises is dedicated to creating a more inclusive and equitable society for all.
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Impact
July, 2024
VTC Enterprises has had a significant impact in providing rehabilitation, vocational, employment, and advocacy services to adults with developmental disabilities. Established in 1961, this organization has continuously evolved to offer a wide range of services aimed at helping individuals with disabilities achieve their life goals. With a dedicated staff of approximately 125, VTC Enterprises serves around 320 individuals on average each month.
One notable aspect of VTC Enterprises is its emphasis on community-based programs and businesses, which provide employment and community integration options for individuals facing significant barriers to employment. Through partnerships with entities like Cal Poly San Luis Obispo and participation in programs like the U.S. Department of Labor NEON initiative, VTC Enterprises has been able to expand its reach and offer innovative opportunities for individuals with disabilities.
An accomplishment worth mentioning is the successful renegotiation of a 5-year Commissary Contract at Vandenberg Space Force Base, which will create additional employment positions for individuals with disabilities through the AbilityOne Program. This contract not only offers job opportunities but also enables individuals to earn significant wages with benefits, contributing to their long-term economic empowerment.
Overall, VTC Enterprises stands out for its commitment to a person-centered approach in providing services. By allowing individuals to design their own goals and objectives with support from their planning team, VTC Enterprises ensures that the services offered are tailored to each individual's unique needs and preferences. Through its various programs, employment services, and partnerships, VTC Enterprises continues to make a meaningful impact on the lives of adults with developmental disabilities, helping them achieve greater independence and integration into the community.
This information is meant to be a general summary of Vtc Enterprises. 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: $396,280
- Program Service Revenue: $10,827,099
- Gross Receipts: $12,410,111
Assets and Liabilities:
- Total Assets: $14,919,120
- Total Liabilities: $1,469,873
- Net Assets: $13,449,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES - Contracts
Revenue
$4,686,575
SALES
Revenue
$920,063
SERVICE CONTRACTS
Revenue
$5,220,461
Organization Details
Founding Year
1962
Phone
(805) 928-5000Principal Officer
Schelli Acosta
Main Address
2445 A STREET, SANTA MARIA, CA, 93454
Website
www.vtc-sm.org/NTEE Category
Code: J300 - Employment
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