Overview
What is Area Housing Authority Of The County Of Ventura?
Area Housing Authority Of The County Of Ventura is a nonprofit organization located in Newbury Park, California, with a workforce of 67 employees. Their mission centers around providing housing assistance to low-income families, persons with disabilities, and seniors, as part of the Section 8 program. With subsidized rents for approximately 2,314 families, they strive to ensure access to safe and affordable housing for those in need.
Official website here: www.ahacv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% - Three-Star out of Four Star rating from Charity Navigator.
The Area Housing Authority of the County of Ventura has received a Three-Star rating, indicating a fair level of accountability and financial health. The overall score of 77% is based solely on its Accountability & Finance metrics, which reflect strong practices in areas such as financial statements and asset management, with a notable program expense ratio of 97.14%, suggesting a high commitment to direct program funding.
However, despite its strengths, there are some limitations identified. The organization is missing a whistleblower policy, which could impact its transparency and accountability. While it has solid governance practices, the absence of this policy might raise concerns about how internal issues are managed and reported. Overall, the organization demonstrates a commitment to its mission through effective financial management but could benefit from enhancing its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Area Housing Authority Of The County Of Ventura legitimate?
Area Housing Authority Of The County Of Ventura is a legitimate nonprofit organization registered as a 501(c)(3) entity. Area Housing Authority Of The County Of Ventura 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: $678,941
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,556,617
For more financial information, click here
Official website here: www.ahacv.org
What is the mission statement of Area Housing Authority Of The County Of Ventura?
The Area Housing Authority Of The County Of Ventura is dedicated to providing housing assistance for those in need. Its mission encompasses supporting low-income families, individuals with disabilities, and seniors. Through its Section 8 program, the organization subsidizes rents for approximately 2,314 families, individuals, and seniors, ensuring they have access to safe and affordable housing. By prioritizing this essential need, the Area Housing Authority Of The County Of Ventura plays a crucial role in fostering stability and promoting self-sufficiency within its community.
Official website here: www.ahacv.org
Who is the CEO of Area Housing Authority Of The County Of Ventura?
Michael Nigh is the Commissioner of Area Housing Authority Of The County Of Ventura.
Official website here: www.ahacv.org
What is the revenue of Area Housing Authority Of The County Of Ventura?
Area Housing Authority Of The County Of Ventura's revenue in 2023 was $52,969,922.
Official website here: www.ahacv.org
Who are the executives of Area Housing Authority Of The County Of Ventura and what are their salaries?
The average compensation at Area Housing Authority Of The County Of Ventura during 2023 was $48,292. There are 67 employees and 3 volunteers at Area Housing Authority Of The County Of Ventura.
Here are 24 key members and their salaries:
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $650
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $146,280
- Related: $0
- Other: $32,133
- Compensation: $184,353
- Related: $0
- Other: $38,884
- Compensation: $162,479
- Related: $0
- Other: $33,852
- Compensation: $141,914
- Related: $0
- Other: $31,730
- Compensation: $151,621
- Related: $0
- Other: $32,507
- Compensation: $101,938
- Related: $0
- Other: $16,197
- Compensation: $104,689
- Related: $0
- Other: $26,640
Official website here: www.ahacv.org
Where can I find the form 990 for Area Housing Authority Of The County Of Ventura?
Area Housing Authority Of The County Of Ventura's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ahacv.org
Learn more at the official website: www.ahacv.org
Mission Statement of Area Housing Authority Of The County Of Ventura
Area Housing Authority Of The County Of Ventura, a prominent nonprofit organization, is dedicated to providing housing assistance to low-income families, persons with disabilities, and seniors. Through its mission, the Authority strives to make a significant difference in the lives of those in need, ensuring they have access to stable and affordable housing solutions.
The organization's primary activity is the management of the Section 8 program, which helps subsidize rents for over 2,300 families, individuals with disabilities, and seniors. By providing this essential assistance, Area Housing Authority Of The County Of Ventura enables these individuals to secure housing and maintain a stable living environment. In doing so, the organization plays a crucial role in enhancing the overall well-being and quality of life for the recipients of its services.
Moreover, by offering housing assistance, the Area Housing Authority Of The County Of Ventura empowers its beneficiaries to focus on other aspects of their lives. For families, this may mean focusing on their children's education, improving their employment prospects, or addressing other personal challenges. For persons with disabilities and seniors, this assistance can mean the difference between living independently and being forced to rely on institutional care. By providing housing stability, the organization allows its clients to focus on their personal development and overall well-being.
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Impact
October, 2024
Area Housing Authority of the County of Ventura significantly impacts the community by providing essential housing assistance to low-income families, persons with disabilities, and seniors. Through programs like Section 8, it subsidizes rents for 2,314 households, allowing individuals and families to access safe and affordable housing. This support not only improves the quality of life for vulnerable populations but also fosters stability and independence, enabling recipients to focus on other critical areas such as education, employment, and health. By addressing housing affordability, the authority plays a crucial role in enhancing overall community well-being and reducing homelessness in the region.
This information is meant to be a general summary of Area Housing Authority Of The County Of Ventura. 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: $494,939
- Program Service Revenue: $8,465,423
- Gross Receipts: $52,969,922
Assets and Liabilities:
- Total Assets: $53,281,387
- Total Liabilities: $17,000,355
- Net Assets: $36,281,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DWELLING RENTAL INCOME
Revenue
$5,458,382
PROGRAM REVENUES
Revenue
$1,717,570
PROGRAM REVENUES
Revenue
$1,289,471
Organization Details
Founding Year
1972
Phone
(805) 480-9991Principal Officer
Michael Nigh
Main Address
1400 WEST HILLCREST DRIVE, NEWBURY PARK, CA, 91320
Website
www.ahacv.orgNTEE Category
Code: L210 - Housing
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