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Vela

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

EIN: 272451077 ✦ Austin, TX ✦ Designated as a 501(c)(3)

Overview

What is Vela?

Vela is a nonprofit organization based in Austin, Texas, specifically at 4900 Gonzales Street. Their mission is to empower families with children having special needs, offering hands-on classes and support in both English and Spanish. With a dedicated team of five employees, Vela strives to strengthen these families by providing educational courses, assistance, and fostering community connections. Their programs focus on assisting underserved families in the Austin area.


Official website here: www.velafamilies.org

Is Vela legitimate?

Vela is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vela 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: $65,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,479

For more financial information, click here


Official website here: www.velafamilies.org

What is the mission statement of Vela?

Vela's mission is centered around empowering families of children with special needs. They achieve this by offering hands-on courses, providing support, and fostering community building. These initiatives are designed to uplift underserved families in Austin. Vela's workshops and assistance are available in both English and Spanish, catering to the diverse needs of their community. Through these efforts, Vela aims to equip and strengthen families, enabling them to better navigate the challenges associated with raising children with special needs.


Official website here: www.velafamilies.org

Who is the CEO of Vela?

Maria Hernandez is the Board Chair of Vela.


Official website here: www.velafamilies.org

What is the revenue of Vela?

Vela's revenue in 2022 was $885,848.


Official website here: www.velafamilies.org

Who are the executives of Vela and what are their salaries?

The average compensation at Vela during 2022 was $50,086. There are 5 employees and 50 volunteers at Vela.

Here are 8 key members and their salaries:

    Alex Cantu (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susanna Olivarez (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Saavedra (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Yeldell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guadalupe Yanez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Portillo Phd (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Goessling Phd (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paulette Betancourt (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.velafamilies.org

    Where can I find the form 990 for Vela?

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


    Official website here: www.velafamilies.org

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

    Mission Statement of Vela

    Vela, a nonprofit organization, is dedicated to empowering families of children with special needs. They achieve this mission through a multifaceted approach that includes providing hands-on courses, offering support, and fostering a sense of community. Vela recognizes the unique challenges that these families face and seeks to equip them with the necessary tools and resources to navigate their journey.

    In practice, Vela offers a variety of hands-on classes in both English and Spanish. These classes are tailored to the needs of underserved families in Austin, providing them with the knowledge and skills required to support their children effectively. Beyond educational programs, Vela also extends its support to these families, offering assistance in navigating the complexities of raising a child with special needs.

    Furthermore, Vela promotes a sense of community among its members. By bringing families together, they create an environment where individuals can share experiences, learn from one another, and build lasting relationships. This sense of community is instrumental in providing emotional support and fostering resilience in the face of challenges. In summary, Vela empowers families of children with special needs by providing educational resources, offering support, and fostering a strong sense of community.

    Impact

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




    Thursday, August 15, 2024

    Vela's impact is profound in the city of Austin, Texas. By empowering families of children with special needs through hands-on courses, support, and community building, Vela is making a tangible difference in the lives of underserved families. Through their dedicated efforts, Vela is providing crucial resources and opportunities for these families to access the support they need, ultimately enhancing the well-being and development of children with special needs.





    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: $0
  • Program Service Revenue: $10,915
  • Gross Receipts: $915,842

    • Assets and Liabilities:
  • Total Assets: $729,834
  • Total Liabilities: $12,215
  • Net Assets: $717,619
  • Programs

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

    MISC PROGRAM INCOME

    Revenue

    $10,915

    Organization Details

    Founding Year

    2010

    Principal Officer

    Maria Hernandez

    Main Address

    4900 GONZALES ST, AUSTIN, TX, 78702

    NTEE Category

    Code: B28 - Education

    If you are a representative of Vela 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.