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Valley Cares Inc

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

EIN: 201980713 ✦ Townshend, VT ✦ Designated as a 501(c)(3)

Overview

What is Valley Cares Inc?

Valley Cares Inc, based in Townshend, VT, serves as a co-developer for a special needs senior housing project, catering to low-income elderly residents. Their mission is to create and provide a continuum of quality, affordable housing and eldercare services for the residents of the West River Valley and beyond. They work closely with community organizations and agencies to ensure these services are accessible and meet the needs of the community. With a team of 48 employees, Valley Cares Inc plays a significant role in enhancing the living standards and care for the elderly population in the area.


Official website here: www.valleycares.org

Is Valley Cares Inc legitimate?

Valley Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Cares 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: $101,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,068,695

For more financial information, click here


Official website here: www.valleycares.org

What is the mission statement of Valley Cares Inc?

Valley Cares Inc is committed to creating and providing a continuum of affordable housing and eldercare services for individuals residing in the West River Valley and beyond. They collaborate with community organizations and agencies to achieve this mission. Valley Cares acts as a co-developer, working towards the development of a special needs senior housing project for low-income elderly residents. Additionally, they offer administrative and management services for the operation of this project.


Official website here: www.valleycares.org

Who is the CEO of Valley Cares Inc?

Joanne Blanchard is the Board Member of Valley Cares Inc.


Official website here: www.valleycares.org

What is the revenue of Valley Cares Inc?

Valley Cares Inc's revenue in 2022 was $2,543,724.


Official website here: www.valleycares.org

Who are the executives of Valley Cares Inc and what are their salaries?

The average compensation at Valley Cares Inc during 2022 was $24,378. There are 48 employees and 15 volunteers at Valley Cares Inc.

Here are 11 key members and their salaries:

    Joanne Blanchard (Executive Director)
  • Compensation: $87,512
  • Related: $0
  • Other: $0

    • Jean Albee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Nopper (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Roger Allbee (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Genevieve Rowell (Alf Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Emerson (Secretary/Gch Representati) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Lecours (Town Appointed Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Carlson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Stover (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maggie Lewis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.valleycares.org

    Where can I find the form 990 for Valley Cares Inc?

    The Valley Cares Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.valleycares.org

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

    Mission Statement of Valley Cares Inc

    Valley Cares Inc is committed to creating and providing a continuum of quality, affordable housing and eldercare services for residents beyond the West River Valley. This nonprofit organization collaborates with community organizations and agencies to achieve this mission. In particular, Valley Cares Inc is actively involved in the development of a special needs senior housing project in Townsend, VT, catering to low-income elderly individuals. Beyond development, Valley Cares Inc also offers administrative and management services for the operation of this project. By focusing on affordable housing and eldercare services, Valley Cares Inc seeks to improve the living conditions and overall well-being of its target population.

    Impact

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




    Thursday, August 1, 2024

    Valley Cares Inc's impact is evident in its commitment to creating and providing a continuum of quality affordable housing and eldercare services for the residents of the West River Valley and beyond. Through its collaborative approach with community organizations and agencies, Valley Cares addresses the needs of low-income elderly individuals by working towards the development of special needs senior housing projects. By providing administrative and management services for these projects, Valley Cares ensures that these individuals have access to housing and care that is both affordable and of high quality. Through their mission and work, Valley Cares plays a vital role in supporting the well-being and security of the elderly population in Townshend, VT, and beyond.





    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: $104
  • Program Service Revenue: $2,177,767
  • Gross Receipts: $2,543,724

    • Assets and Liabilities:
  • Total Assets: $2,466,364
  • Total Liabilities: $1,346,086
  • Net Assets: $1,120,278
  • Programs

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

    RESIDENT CARE/MEALS

    Revenue

    $1,651,174

    RENTAL INCOME

    Revenue

    $363,341

    LOW-INCOME HOUSING ADM

    Revenue

    $155,352

    ADMISSION/HOMEMAKER FE

    Revenue

    $7,900

    Organization Details

    Founding Year

    2004

    Principal Officer

    Joanne Blanchard

    Main Address

    PO BOX 341, TOWNSHEND, VT, 05353

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Valley Cares Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.