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Vita Nova Inc

Vita Nova Village I Ii Iii Vita Nova Independent Living Services Inc

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

EIN: 650298299 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

Overview

What is Vita Nova Inc?

Vita Nova Inc, located in West Palm Beach, Florida, is a dedicated nonprofit organization that offers essential services to youth transitioning from the foster care system, as well as those who are homeless or identify as LGBTQ. Their primary focus is on providing Post-Secondary Education Supports and Services (PESS) and Aftercare Services. Through PESS, they assist young individuals in enrolling, maintaining, and completing their post-secondary education, offering aid in financial literacy, housing, and other crucial support systems. Aftercare Services cater to youth's needs in housing, mental health, wellness, tutoring, substance abuse, counseling, and financial assistance. This year, Vita Nova served 88 youth through their Independent Living Services, with a significant number of PESS participants becoming employed and earning college degrees or certificates. Their mission is to serve as a "safe bridge to independence" for these vulnerable youth, equipping them with the necessary skills and resources to build a stable future.


Official website here: www.vitanovainc.org

Is Vita Nova Inc legitimate?

Vita Nova Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vita Nova 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: $188,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,394,901

For more financial information, click here


Official website here: www.vitanovainc.org

What is the mission statement of Vita Nova Inc?

Vita Nova Inc is committed to serving as a supportive bridge towards independence for homeless youth aged 18-25, specifically those from the foster care system and the LGBTQ+ community. They achieve this goal through various means, including providing supportive housing, education, employment opportunities, and life skills training. Vita Nova's mission is to empower these young individuals, helping them complete their post-secondary education, manage finances, secure housing, and overcome various challenges. Their services, such as the Post-Secondary Education Supports and Services (PESS) and Aftercare Services, assist youth in achieving their educational goals and transitioning into independent adulthood. This year, Vita Nova served 88 youth and saw promising outcomes, with over half of the PESS participants becoming employed and nearly 20% earning a college degree or certificate.


Official website here: www.vitanovainc.org

Who is the CEO of Vita Nova Inc?

Jeff Demario is the Chairman of Vita Nova Inc. The CEO's salary of Vita Nova Inc is $162,564 and their total compensation is $179,090.


Official website here: www.vitanovainc.org

What is the revenue of Vita Nova Inc?

Vita Nova Inc's revenue in 2022 was $3,212,831.


Official website here: www.vitanovainc.org

Who are the executives of Vita Nova Inc and what are their salaries?

The average compensation at Vita Nova Inc during 2022 was $40,605. There are 39 employees and 25 volunteers at Vita Nova Inc.

Here are 11 key members and their salaries (Vita Nova Inc's CEO's salary is $162,564 and their total compensation is $179,090):

    Jeff Demario (Ceo)
  • Compensation: $162,564
  • Related: $0
  • Other: $16,526

    • Scott Murray (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Marino Jr Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Scott (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Domenic Macri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Branch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vassilia Binensztok (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristy Pressly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Jankowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Coto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vitanovainc.org

    Where can I find the form 990 for Vita Nova Inc?

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


    Official website here: www.vitanovainc.org

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

    Mission Statement of Vita Nova Inc

    Vita Nova, a renowned nonprofit organization, is dedicated to serving as a secure pathway to self-sufficiency for former foster care youth, along with LGBTQ and other homeless individuals aged 18-25, residing in Palm Beach County. Their mission encompasses providing supportive housing, education, employment, and life skills training to these young adults. By doing so, Vita Nova aims to empower them to achieve independence and overcome the challenges they may face.

    Specifically, Vita Nova Independent Living Services (VNILS) serves as the primary provider for youth within the foster care system who opt for Post-Secondary Education Supports and Services (PESS), and Aftercare Services. The PESS program offers assistance to these young adults in enrolling, maintaining, and completing their post-secondary education, including trade certifications. The program provides financial literacy, housing support, and other essential resources to aid in their educational journey. Through the Aftercare Services, youth receive assistance with housing, mental health, wellness, tutoring, substance abuse counseling, and financial aid. This bridge of support continues to be available to these young adults between the ages of 18-23, ensuring they have access to necessary help even after traditional child welfare services have concluded.

    In the recent year, Vita Nova served 88 youth through VNILS. The results of their programs are promising, with over 59% of youth involved in PESS securing employment and 19% earning a college degree or certificate. Moreover, 70% of youth enrolled in PESS demonstrated progress towards completing their college degrees. These statistics underscore the effectiveness of Vita Nova's mission and the positive impact it has on the lives of the young adults they serve.

    Impact

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




    Saturday, July 20, 2024

    Vita Nova Inc's impact is significant in providing a safe bridge to independence for former foster care, LGBTQ, and other homeless youth aged 18-25 in Palm Beach County. Through their supportive housing, education, employment, and life skills training programs, Vita Nova Independent Living Services has successfully served 88 youth this year alone.

    It is noteworthy that 59% of youth involved in the Post-Secondary Education & Supports program are employed, indicating the success of the program in facilitating their transition to independence. Additionally, 19% of youth in the program have earned a college degree or certificate, showcasing Vita Nova's commitment to supporting educational pursuits. Moreover, 70% of participants have shown progress towards a college degree, demonstrating the effectiveness of Vita Nova's initiatives in empowering these young individuals.

    By offering essential services such as housing, mental health support, wellness programs, tutoring, substance abuse counseling, and financial assistance, Vita Nova continues to be a crucial resource for youth transitioning out of the foster care system and facing homelessness. Through their dedication to creating a supportive environment, Vita Nova Inc is truly making a positive impact on the lives of vulnerable youth in Palm Beach County.





    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: $27,492
  • Program Service Revenue: $28,477
  • Gross Receipts: $3,265,731

    • Assets and Liabilities:
  • Total Assets: $4,669,519
  • Total Liabilities: $198,835
  • Net Assets: $4,470,684
  • Programs

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

    Client Service Fees

    Revenue

    $28,477

    Organization Details

    Founding Year

    1991

    Principal Officer

    Jeff Demario

    Main Address

    2724 N Australian Ave, West Palm Beach, FL, 33407

    NTEE Category

    Code: P300 - Human services

    If you are a representative of Vita Nova 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.