Overview
What is Obed Apartments Inc?
Obed Apartments Inc is a charitable organization primarily focused on offering low-income housing and support services for individuals with disabilities, particularly those dealing with behavioral health issues. They have 10 units located at 154 Obed Avenue, North Providence, Rhode Island. During the recent fiscal year, their occupancy rate was 97%. As of June 30, 2022, their waiting list consisted of 16 individuals. In times of vacancy, there were 94 days when the units were empty. Obed's mission is to provide accommodations and services that cater to the unique needs of its residents in a holistic manner.
Official website here: www.gatewayhealth.org
What are the reviews and ratings of this charity?
82% rating from Charity Navigator indicates a Three-Star out of Four Star rating for Obed Apartments Inc, reflecting a strong performance in accountability and finance. This score is based entirely on financial management, with a perfect score in several areas indicating a well-governed organization.
The organization boasts an independent board, with 87% of its members being independent, which enhances its governance credibility. It has also shown no material diversion of assets, demonstrating a high level of financial integrity. Furthermore, Obed Apartments Inc has well-defined policies regarding conflict of interest, whistleblowing, and document retention, contributing positively to its accountability measures.
However, while the organization's program expense ratio is commendable at 73.52%, the report does not provide information on other operational aspects or program outcomes. This limited focus on financial metrics may leave potential supporters and beneficiaries wanting more insight into the effectiveness and impact of its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Obed Apartments Inc legitimate?
Obed Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Obed Apartments 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: $0
For more financial information, click here
Official website here: www.gatewayhealth.org
What is the mission statement of Obed Apartments Inc?
Obed Apartments Inc is established with charitable intentions to accommodate individuals with disabilities who have low income. The organization provides housing facilities designed to cater specifically to their physical, social, and physiological needs. Additionally, Obed offers support services tailored to meet the unique requirements of these individuals, particularly those with behavioral health issues. The organization's mission is to ensure these individuals have access to appropriate housing and services, enhancing their quality of life. As of the latest data, Obed has a total of 10 units, with an occupancy rate of 97%, and a waiting list of 16 individuals, indicating a high demand for its services.
Official website here: www.gatewayhealth.org
Who is the CEO of Obed Apartments Inc?
Scott W Dichristofero is the Dir.- Thru 6/22 of Obed Apartments Inc.
Official website here: www.gatewayhealth.org
What is the revenue of Obed Apartments Inc?
Obed Apartments Inc's revenue in 2022 was $133,705.
Official website here: www.gatewayhealth.org
Who are the executives of Obed Apartments Inc and what are their salaries?
There 7 volunteers at Obed Apartments Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $2,336,252
- Other: $1,293,210
- Compensation: $0
- Related: $217,403
- Other: $62,579
- Compensation: $0
- Related: $70,928
- Other: $3,282
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gatewayhealth.org
Where can I find the form 990 for Obed Apartments Inc?
Obed Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gatewayhealth.org
Learn more at the official website: www.gatewayhealth.org
Mission Statement of Obed Apartments Inc
Obed Apartments Inc, a charitable organization, is dedicated to providing low-income housing and support services tailored to meet the unique needs of individuals with disabilities, primarily those with behavioral health issues. The mission of this nonprofit is to create an environment that caters to the physical, social, and physiological requirements of its residents, ensuring they can live with dignity and independence. By offering specially designed facilities and services, Obed Apartments Inc aims to empower its residents to lead fulfilling lives. The organization's efforts are aimed at making a significant difference in the lives of its residents, providing them with a safe and supportive living environment. During the fiscal year covered in the return, Obed Apartments Inc had an occupancy rate of 97%, demonstrating the demand and need for its services. The waiting list as of June 30, 2022, consisted of 16 individuals, indicating the ongoing need for affordable housing and support services for those with disabilities.
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Impact
June, 2024
Obed Apartments Inc's impact is significant in providing low-income housing and access to support services for individuals with disabilities, particularly those facing behavioral health challenges. Through its 10 units located in North Providence, Rhode Island, Obed offers a vital resource for those in need. The organization's commitment to meeting the physical, social, and physiological needs of its residents helps improve their quality of life and fosters a supportive community environment. Obed Apartments Inc plays a crucial role in promoting inclusivity, independence, and well-being for individuals who may face unique challenges in finding suitable housing options.
This information is meant to be a general summary of Obed Apartments 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 2022.
- Investment Income: $148
- Program Service Revenue: $39,342
- Gross Receipts: $133,705
Assets and Liabilities:
- Total Assets: $849,051
- Total Liabilities: $1,113,323
- Net Assets: -$264,272
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Client Rent
Revenue
$39,342
Organization Details
Founding Year
2005
Phone
(401) 667-6502Principal Officer
Scott W Dichristofero
Main Address
1 Virginia Avenue 200, Providence, RI, 02905
Website
www.gatewayhealth.orgNTEE Category
Code: F33 - Mental health
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