Overview
What is Rancho Sespe Workers Improvement Association Corporation?
Rancho Sespe Workers Improvement Association Corporation is a nonprofit organization situated in Ventura, California. Their primary mission is to improve living conditions for domestic farm laborers and their families by providing 100 units of assisted housing. This housing program is a crucial aspect of their operations, aiming to support those who contribute significantly to the agricultural sector. Their activities are centered around this mission, ensuring that farm laborers have access to adequate housing, thereby enhancing their overall quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Rancho Sespe Workers Improvement Association Corporation has achieved a commendable rating of 82%, reflecting strong performance in the area of Accountability & Finance. The organization is recognized for having a fully independent board, consisting entirely of independent members, which enhances its governance structure. Notably, the charity has scored full points on its financial oversight with an effective audit and oversight committee, ensuring transparency and responsible management of funds.
The organization demonstrates a high commitment to its programs, with a program expense ratio of 90.61%, indicating that a significant portion of its expenditures is directed toward its mission-driven initiatives. Additionally, the low liabilities to assets ratio of 16.72% suggests a healthy financial position, which is critical for sustaining operations and programs over the long term.
While the charity has exhibited strong financial practices and governance, the overall score relies solely on the Accountability & Finance beacon, leaving potential gaps in other evaluation areas such as impact and program effectiveness. This focus indicates that while the charity is financially sound, further assessments of its operational impact could provide a more comprehensive view of its effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rancho Sespe Workers Improvement Association Corporation legitimate?
Rancho Sespe Workers Improvement Association Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rancho Sespe Workers Improvement Association Corporation 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: $107,994
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What is the mission statement of Rancho Sespe Workers Improvement Association Corporation?
The Rancho Sespe Workers Improvement Association Corporation is dedicated to providing housing solutions for farm laborers. This is achieved through the implementation of various programs, notably offering 100 units of assisted housing for domestic farm workers and their families in Ventura, California. The corporation's mission prioritizes the housing needs of these laborers, aiming to contribute to their overall well-being.
Who is the CEO of Rancho Sespe Workers Improvement Association Corporation?
Alma Ramos is the Treasurer of Rancho Sespe Workers Improvement Association Corporation.
What is the revenue of Rancho Sespe Workers Improvement Association Corporation?
Rancho Sespe Workers Improvement Association Corporation's revenue in 2022 was $1,148,196.
Who are the executives of Rancho Sespe Workers Improvement Association Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Rancho Sespe Workers Improvement Association Corporation?
Rancho Sespe Workers Improvement Association Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rancho Sespe Workers Improvement Association Corporation
Rancho Sespe Workers Improvement Association Corporation is a dedicated organization that focuses on providing housing solutions for domestic farm laborers and their families. At the heart of its mission, this corporation offers 100 units of assisted housing in Ventura, California. By offering these housing programs, Rancho Sespe Workers Improvement Association Corporation aims to contribute to the well-being and living conditions of farm laborers, ensuring they have a stable and safe place to call home. This initiative not only improves their quality of life but also supports the agricultural industry by ensuring a stable workforce.
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Impact
July, 2024
Rancho Sespe Workers Improvement Association Corporation has made a significant impact by providing housing for farm laborers in Ventura, California. Through its programs, the organization has facilitated the availability of 100 units of assisted housing for domestic farm laborers and their families. This initiative has directly addressed the housing needs of a vulnerable population, ensuring that farm laborers have access to safe and affordable housing in the Ventura area. The efforts of Rancho Sespe Workers Improvement Association Corporation have not only improved the living conditions of farm workers but have also contributed to fostering a more supportive and sustainable community for these essential workers.
This information is meant to be a general summary of Rancho Sespe Workers Improvement Association Corporation. 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: $4,633
- Program Service Revenue: $986,938
- Gross Receipts: $1,148,196
Assets and Liabilities:
- Total Assets: $1,795,667
- Total Liabilities: $425,044
- Net Assets: $1,370,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$934,147
LAUNDRY AND VENDING
Revenue
$34,476
OFFICE RENT
Revenue
$17,740
TENANT CHARGES
Revenue
$575
Organization Details
Founding Year
1981
Phone
(805) 659-3791Principal Officer
Alma Ramos
Main Address
702 COUNTY SQUARE DRIVE, VENTURA, CA, 93003
NTEE Category
Code: L200 - Housing
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