Salem Y Veterans Housing
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THROUGH A COMMITMENT TO DIGNITY, RESPECT, AND COMMUNITY, WE STRIVE TO CREATE A HAVEN WHERE VETERANS CAN THRIVE. OUR COMPREHENSIVE WRAP-AROUND SUPPORT SERVICES AIM TO ADDRESS THE UNIQUE NEEDS OF OUR HEROES, FOSTERING INDEPENDENCE, WELLNESS, AND A SENSE OF BELONGING.
- Income
- $1.3 million
- Spending
- $607,636
- Spent on programs
- 86%
- Reserves
- 13.2 months of spending
- Largest source of income
- government grants, 79%
- Employees
- 0
- Volunteers
- 12
- Highest pay
- $88,905, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 72% of charities in its peer group (housing, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 13.2 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 55% of income.
Income trend
0 of 15Income fell 70% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 32% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $520,208 spent. BUILDING CONSTRUCTION WAS DELAYED DUE TO ONE ELECTRICAL COMPONENT UNTIL EARLY SPRING. APRIL 1 2024 WE OPENED OUR DOORS AND VETERANS BEGAN MOVING IN. IN AUGUST OF 2024 WE ACHIEVED FULL OCCUPANCY OF OUR 34-UNIT COMPLEX, SERVING LOW-INCOME VETERANS AND EXPANDING OUR REACH TO VETERANS ACROSS MARION AND POLK COUNTIES. OUR PEER SUPPORT SPECIALIST AND RESOURCE NAVIGATOR PROVIDED OVER 1,100 HOURS OF DIRECT PEER SUPPORT AND ASSISTANCE CONNECTING VETERANS TO VA BENEFITS, EMPLOYMENT, EDUCATION, AND HEALTHCARE RESOURCES. THROUGH OUR SHUTTLE PROGRAM, RESIDENTS COMPLETED MORE THAN 75 MEDICAL TRIPS AND 89 SHOPPING TRIPS. WE ORGANIZED 12 FINANCIAL EDUCATION CLASSES, FACILITATED 6 NEW JOB PLACEMENTS, AND DISTRIBUTED FOOD BOXES AND HOLIDAY MEALS IN PARTNERSHIP WITH MARION-POLK FOOD SHARE AND LOCAL CHURCH PANTRIES. IN ADDITION, COURTNEY PLACE HELD VETERAN OUTINGS WITH VFW POST 661 AND AMERICAN LEGION PARTNERS TO FOSTER CAMARADERIE AND BELONGING. THROUGH OUR PARTNERSHIP WITH THE FAMILY YMCA OF MARION & POLK COUNTIES, RESIDENTS RECEIVED FREE YMCA MEMBERSHIPS AND ACCESS TO EVIDENCE-BASED HEALTH PROGRAMS SUCH AS LIVESTRONG, PEDALING FOR PARKINSON'S, AND THE DIABETES PREVENTION PROGRAM. THESE EFFORTS COLLECTIVELY ADVANCED OUR MISSION OF SUPPORTING VETERANS' HOUSING STABILITY, WELL-BEING, AND INDEPENDENCE WHILE BUILDING A STRONGER, HEALTHIER VETERAN COMMUNITY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.