Veterans Place Of Washington Boulevard Inc
- Assets
- $4.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 43
- Location
- Pittsburgh, PA
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 25-1787030
Organization Overview
Veterans Place Of Washington Boulevard Inc is located in Pittsburgh, PA. The organization was established in 1996. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Veterans Place Of Washington Boulevard Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Place Of Washington Boulevard Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Veterans Place Of Washington Boulevard Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 16.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE VETERANS LIVES BETTER BY CONNECTING THEM WITH TOOLS TO BECOME SELF-SUFFICIENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VETERANS PLACE TRANSITIONAL HOUSING PROGRAM (FUNDING THROUGH THE VA) HAS BEEN OPERATING FOR 25 YEARS. THIS PROGRAM PROVIDES TRANSITIONAL HOUSING SERVICES FOR UP TO 48 HOMELESS VETERANS THROUGH THREE DIFFERENT PROGRAM MODELS: LOW DEMAND, SERVICE INTENSIVE AND BRIDGEHOUSING. THE TRANSITIONAL HOUSING IS LOCATED WITHIN 13 TOWNHOUSES LOCATED ON WASHINGTON BOULEVARD. EACH VETERAN CAN BE ACCOMMODATED IN THE PROGRAM FOR UP TO 24 MONTHS. SERVICES PROVIDED IN ADDITION TO TRANSITIONAL HOUSING INCLUDE CASE MANAGEMENT, EMPLOYMENT AND EDUCATIONAL SERVICES, RECOVERY SUPPORT, FINANCIAL MANAGEMENT, TRANSPORTATION ASSISTANCE, CLOTHING, AND ON-SITE FOOD PANTRY. VETERAN IS ASSISTED WITH DEVELOPING AND ACHIEVING INDIVIDUALIZED GOAL PLANS BASED ON THEIR NEEDS AND GOALS. THE VETERANS ARE ABLE TO ACHIEVE SELF-SUFFICIENCY AND RETURN TO BEING PRODUCTIVE MEMBERS OF THEIR COMMUNITIES.
THE VETERANS RESOURCE CENTER IS ONE OF ONLY FIFTEEN OF ITS KIND IN THE COUNTRY AND THE ONLY DROP-IN SERVICE CENTER FOR VETERANS IN THE WESTERN PENNSYLVANIA REGION. THE VETERANS RESOURCE CENTER SERVICES VETERANS FACING HOMELESSNESS OR AT RISK OF HOMELESSNESS PROVIDING THEM WITH ESSENTIAL RESOURCES SUCH AS TRANSPORTATION, FOOD, CLOTHING, LAUNDRY FACILITIES, SHOWER FACILITIES, FINANCIAL ASSISTANCE, AND INDIVIDUALIZED CASE MANAGEMENT. VETERANS ARE IMMEDIATELY LINKED WITH RESOURCES FOR HOUSING. OVER 800 VETERANS WERE SERVED IN 2022.
THE HOMELESS VETERANS REINTEGRATION PROGRAM (HVRP) IS AN EMPLOYMENT-FOCUSED COMPETITIVE GRANT PROGRAM OF THE DEPARTMENT OF LABOR EMPLOYMENT AND TRAINING SERVICES (DOL-VETS). THIS IS THE ONLY FEDERAL GRANT TO FOCUS EXCLUSIVELY ON COMPETITIVE EMPLOYMENT FOR HOMELESS VETERANS. VETERANS PLACE SERVES VETERANS IN SEVEN COUNTIES; ALLEGHENY, ARMSTRONG, BEAVER, BUTLER, FAYETTE, WESTMORELAND, AND WASHINGTON COUNTY. THROUGH INDIVDUALIZED GOAL SETTING WITH AN EMPLOYMENT CASE MANAGER, EACH VETERAN IS ABLE TO BE MATCHED WITH AN EMPLOYER THAT MATCHES THEIR WANTS AND NEEDS. BY PARTNERING WITH HUNDREDS OF EMPLOYERS ACROSS THE REGION, OUR EMPLOYMENT CASE MANAGERS ARE ABLE TO FIND COMPETITIVE EMPLOYMENT OPPORTUNITIES FOR THE HOMELESS VETERANS WITHIN THE PROGRAM. IN 2022 OUR WORKFORCE DEVELOPMENT PROGRAMS SUCCESSFULLY PLACED 100 VETERANS INTO SUSTAINABLE EMPLOYMENT POSITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
I William Goldfarb MD President | OfficerTrustee | 10 | $0 |
Mark Wechsler Vice President | OfficerTrustee | 2 | $0 |
Marva Brown Treasurer | OfficerTrustee | 2 | $0 |
Bradley Harrison Secretary | OfficerTrustee | 2 | $0 |
Michael Eannarino Director (emeritus) | Trustee | 1 | $0 |
Michael Bennett Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $768,926 |
| All other contributions, gifts, grants, and similar amounts not included above | $918,430 |
| Noncash contributions included in lines 1a–1f | $820 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,687,356 |
| Total Program Service Revenue | $1,741,219 |
| Investment income | $170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,444 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,477,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $186,410 |
| Compensation of current officers, directors, key employees. | $9,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,081,002 |
| Pension plan accruals and contributions | $21,170 |
| Other employee benefits | $211,082 |
| Payroll taxes | $95,651 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,614 |
| Advertising and promotion | $10,947 |
| Office expenses | $64,464 |
| Information technology | $103,852 |
| Royalties | $0 |
| Occupancy | $429,240 |
| Travel | $18,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,777 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $169,665 |
| Insurance | $49,675 |
| All other expenses | $0 |
| Total functional expenses | $2,903,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $980,001 |
| Savings and temporary cash investments | $176,546 |
| Pledges and grants receivable | $232,691 |
| Accounts receivable, net | $140,694 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $32,034 |
| Net Land, buildings, and equipment | $2,879,873 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,775 |
| Total assets | $4,494,614 |
| Accounts payable and accrued expenses | $121,683 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,151,300 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $52,775 |
| Total liabilities | $1,325,758 |
| Net assets without donor restrictions | $2,404,583 |
| Net assets with donor restrictions | $764,273 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,494,614 |