Overview
What is East Bay Housing Options Inc?
East Bay Housing Options Inc is a nonprofit organization situated in Warwick, Rhode Island. Their primary mission is to offer affordable housing facilities catering to the needs of elderly individuals and those with disabilities. The organization aims to promote their health, security, happiness, and overall well-being in their extended living. By providing housing facilities specifically designed to meet their physical, social, and psychological needs, East Bay Housing Options Inc strives to improve the quality of life for these individuals, ensuring they can live independently and with a sense of purpose.
Official website here: www.thrivebhri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
East Bay Housing Options Inc has achieved an impressive score of 97%, indicating a strong performance in accountability and finance. This score reflects the organization's commitment to maintaining transparency and good governance, as evidenced by a fully independent board of directors and comprehensive policies in place for conflicts of interest and whistleblowing.
The organization excels in financial health, with a low liabilities-to-assets ratio of 22.63% and a high program expense ratio of 77.45%. This suggests that a significant portion of their funds is directed towards their programs and services, maximizing the impact of their contributions. These metrics demonstrate the organization's efficiency and responsible financial management.
While the organization's data reflects strong governance and financial health, ongoing transparency and adherence to best practices will be essential for maintaining donor trust and support. Overall, East Bay Housing Options Inc stands out as a reliable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is East Bay Housing Options Inc legitimate?
East Bay Housing Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Bay Housing Options 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,448
For more financial information, click here
Official website here: www.thrivebhri.org
What is the mission statement of East Bay Housing Options Inc?
East Bay Housing Options Inc's mission is centered around providing affordable housing facilities for elderly individuals and those with disabilities. Their primary goal is to offer housing and services that cater specifically to the physical, social, and psychological needs of these groups. By doing so, they aim to enhance their residents' health, security, happiness, and overall usefulness in living longer, fulfilling lives. The organization also works towards promoting their well-being and independence.
Official website here: www.thrivebhri.org
Who is the CEO of East Bay Housing Options Inc?
Daniel Kubas-Meyer is the CEO of East Bay Housing Options Inc The CEO's salary of East Bay Housing Options Inc is $0 and their total compensation is $177,406.
Official website here: www.thrivebhri.org
What is the revenue of East Bay Housing Options Inc?
East Bay Housing Options Inc's revenue in 2024 was $132,292.
Official website here: www.thrivebhri.org
Who are the executives of East Bay Housing Options Inc and what are their salaries?
There 6 volunteers at East Bay Housing Options Inc.
Here are 9 key members and their salaries (East Bay Housing Options Inc's CEO's salary is $0 and their total compensation is $177,406):
- Compensation: $0
- Related: $160,723
- Other: $16,683
- Compensation: $0
- Related: $145,909
- Other: $11,821
- Compensation: $0
- Related: $105,327
- Other: $13,029
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thrivebhri.org
Where can I find the form 990 for East Bay Housing Options Inc?
East Bay Housing Options Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thrivebhri.org
Learn more at the official website: www.thrivebhri.org
Mission Statement of East Bay Housing Options Inc
East Bay Housing Options Inc, a nonprofit organization, is dedicated to providing affordable housing facilities specifically designed to cater to the unique needs of elderly individuals and those with disabilities. Their mission is to create an environment that promotes the physical, social, and psychological well-being of these individuals. By offering suitable housing facilities, they aim to enhance their health, ensure their security, and contribute to their overall happiness and usefulness in their later years. The organization's goal is to provide these individuals with a home that not only meets their basic needs but also contributes to their overall quality of life, enabling them to live fulfilling and meaningful lives.
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Impact
October, 2024
East Bay Housing Options Inc significantly enhances the quality of life for elderly individuals and persons with disabilities in Warwick, RI, by providing affordable housing options tailored to their unique needs. Their facilities are designed to promote health, security, and happiness, fostering an environment where residents can thrive both physically and emotionally.
By addressing the specific physical, social, and psychological requirements of these populations, the organization plays a crucial role in ensuring that residents maintain their dignity and independence. This support not only improves individual well-being but also strengthens community ties, allowing residents to engage meaningfully with one another and their surroundings.
Ultimately, East Bay Housing Options Inc contributes to a more inclusive society, where elderly individuals and people with disabilities have access to safe, supportive housing that enhances their overall quality of life and encourages a sense of purpose and usefulness in their longer living.
This information is meant to be a general summary of East Bay Housing Options Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $9
- Program Service Revenue: $130,328
- Gross Receipts: $132,292
Assets and Liabilities:
- Total Assets: $1,035,190
- Total Liabilities: $240,365
- Net Assets: $794,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$130,328
Organization Details
Founding Year
2002
Principal Officer
Tamra Ringeling
Website
www.thrivebhri.orgNTEE Category
Code: P70 - Human services
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