Vesta Community Housing Development Board Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141635262 ✦ Schenectady, NY ✦ Designated as a 501(c)(3)

Overview

What is Vesta Community Housing Development Board Inc?

Vesta Community Housing Development Board Inc is a nonprofit organization based in Schnectady, New York, specifically at 428 Duane Avenue. Their primary mission is to provide suitable housing facilities for various community service programs and low-income tenants. Among their tenants, you'll find alcohol rehabilitation centers, drug-free residences, and an outpatient clinic, all dedicated to offering support services for individuals dealing with substance abuse issues. Their goal is to help individuals recover from alcohol and drug addiction, ease their transition from correctional facilities to community living, and provide a supportive environment for them to address and overcome the underlying challenges that contribute to substance abuse and other self-destructive behaviors. In essence, Vesta Community Housing Development Board Inc aims to break the cycle of incarceration and relapse, enabling individuals to successfully reintegrate into society and become productive members.


Official website here: www.pyhit.org

Is Vesta Community Housing Development Board Inc legitimate?

Vesta Community Housing Development Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vesta Community Housing Development Board 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pyhit.org

What is the mission statement of Vesta Community Housing Development Board Inc?

Vesta Community Housing Development Board Inc's mission is centered around assisting individuals in recovering from substance abuse issues, specifically alcohol and drug addiction. The organization aims to facilitate a smooth transition from correctional facilities to community living. By addressing and overcoming the underlying problems that trigger and sustain substance abuse, Vesta Community Housing Development Board Inc aims to break the cycle of incarceration and relapse. Their ultimate goal is to help individuals successfully re-enter society as responsible and contributing members, thereby contributing to the creation of taxpayers. The organization serves individuals struggling with chemical dependencies, homelessness, and those unprepared for the workforce, promoting community reintegration.


Official website here: www.pyhit.org

Who is the CEO of Vesta Community Housing Development Board Inc?

Peter Newkirk is the President of Vesta Community Housing Development Board Inc. The CEO's salary of Vesta Community Housing Development Board Inc is $0 and their total compensation is $0.


Official website here: www.pyhit.org

What is the revenue of Vesta Community Housing Development Board Inc?

Vesta Community Housing Development Board Inc's revenue in 2022 was $1,999,686.


Official website here: www.pyhit.org

Who are the executives of Vesta Community Housing Development Board Inc and what are their salaries?

Here are 7 key members and their salaries (Vesta Community Housing Development Board Inc's CEO's salary is $0 and their total compensation is $0):

    Rebecca Rosen (Director Of Finance (Thru 6/2022))
  • Compensation: $0
  • Related: $31,107
  • Other: $2,100

    • Kerri Bishop (Director Of Finance (From 11/2022))
  • Compensation: $0
  • Related: $10,322
  • Other: $0

    • Kevin Luibrand Esq (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Graham (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Newkirk (Ceo & Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Morrell (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hennessy (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pyhit.org

    Where can I find the form 990 for Vesta Community Housing Development Board Inc?

    The Vesta Community Housing Development Board Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pyhit.org

    Learn more at the official website: www.pyhit.org

    Mission Statement of Vesta Community Housing Development Board Inc

    Vesta Community Housing Development Board Inc aims to assist individuals in overcoming substance abuse issues, particularly alcohol and drug addiction. Their mission is twofold: firstly, to facilitate the transition of individuals from correctional facilities back into the community, and secondly, to help these individuals confront and overcome the underlying problems that perpetuate substance abuse and other self-destructive behaviors. By addressing these root causes, Vesta Community Housing Development Board Inc seeks to break the cycle of incarceration and relapse, ultimately enabling individuals to successfully reintegrate into society and become productive taxpayers. In essence, the organization's mission is to serve those affected by chemical dependencies, homelessness, and unpreparedness for employment, contributing to their transition towards responsible citizenship.

    Impact

    This information is meant to be a general summary of Vesta Community Housing Development Board Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Vesta Community Housing Development Board Inc plays a crucial role in helping individuals recover from the disease of alcohol and drug addiction, easing the transition from correctional facilities to community living, and assisting individuals in confronting and overcoming underlying problems that trigger self-destructive behaviors. By providing rentals to community service programs and low-income tenants, Vesta creates taxpayers by serving those afflicted with chemical dependencies, the homeless, and individuals unprepared for a successful transition to the world of work and good citizenship. Ultimately, their mission is to end the cycle of incarceration and relapse, supporting successful reentry into society and promoting responsibility, community reintegration, and overall positive citizenship. Their impact is significant in addressing societal issues related to addiction, homelessness, and successful community reintegration.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,276,859
  • Program Service Revenue: $369,645
  • Gross Receipts: $2,285,827

    • Assets and Liabilities:
  • Total Assets: $3,464,159
  • Total Liabilities: $2,429,413
  • Net Assets: $1,034,746
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTALS TO EXEMPT ORG.

    Revenue

    $369,645

    Organization Details

    Founding Year

    1982

    Principal Officer

    Peter Newkirk

    Main Address

    428 DUANE AVENUE, SCHENECTADY, NY, 12304

    NTEE Category

    Code: L20 - Housing

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