Overview
What is Oes Home Of Rhode Island?
Oes Home of Rhode Island, also known as Ethan Place, is a nonprofit organization situated at 85 Ethan Street, Warwick, Rhode Island. Its primary mission is to operate and manage a thirty-two-unit assisted living facility. This charitable organization is dedicated to providing a supportive environment for individuals in need, aligning with its purpose of being organized exclusively for charitable purposes that qualify for exemption. With a workforce of 34 employees, Oes Home of Rhode Island plays a vital role in the community, offering essential services and care for those requiring assisted living accommodation.
Official website here: www.ethanplaceri.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Oes Home Of Rhode Island has received a 81% rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization demonstrates strong governance practices, with 100% of its board members being independent, and has established comprehensive policies to address potential conflicts of interest, whistleblower protections, and document retention.
Financially, the nonprofit shows a commendable program expense ratio of 86.14%, indicating that a significant portion of its budget is directed towards its mission-related programs. Additionally, the organization maintains a favorable liabilities to assets ratio of 0.62%, suggesting a stable financial standing.
While the overall rating is positive, the organization could strive for further transparency and improvement in its financial practices to enhance its standing among potential donors and beneficiaries. Nonetheless, the existing strengths position Oes Home Of Rhode Island as a reliable option for those looking to support its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Oes Home Of Rhode Island legitimate?
Oes Home Of Rhode Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oes Home Of Rhode Island 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: $858,492
For more financial information, click here
Official website here: www.ethanplaceri.com
What is the mission statement of Oes Home Of Rhode Island?
Oes Home of Rhode Island is established with a mission to operate and maintain an assisted living facility, serving a charitable purpose. The organization's objectives align with qualifying exempt purposes. The primary focus of Oes Home of Rhode Island is to provide a supportive living environment for its residents. The organization is dedicated to enhancing the quality of life for its residents, promoting independence, and ensuring their well-being. The operation of a thirty-two unit assisted living facility is a testament to the organization's commitment to this mission.
Official website here: www.ethanplaceri.com
Who is the CEO of Oes Home Of Rhode Island?
Rick Baccuss is the Executive Director of Oes Home Of Rhode Island.
Official website here: www.ethanplaceri.com
What is the revenue of Oes Home Of Rhode Island?
Oes Home Of Rhode Island's revenue in 2023 was $1,416,731.
Official website here: www.ethanplaceri.com
Who are the executives of Oes Home Of Rhode Island and what are their salaries?
The average compensation at Oes Home Of Rhode Island during 2023 was $25,250. There are 34 employees at Oes Home Of Rhode Island.
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Official website here: www.ethanplaceri.com
Where can I find the form 990 for Oes Home Of Rhode Island?
Oes Home Of Rhode Island's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ethanplaceri.com
Learn more at the official website: www.ethanplaceri.com
Mission Statement of Oes Home Of Rhode Island
Oes Home of Rhode Island, as a nonprofit organization, is established with the primary mission of operating and maintaining an assisted living facility. This mission is rooted in charitable purposes, encompassing various causes that qualify as exempt under relevant laws. The organization's primary focus is on providing a supportive living environment for its residents, ensuring their well-being and comfort. The operation of a thirty-two-unit assisted living facility is a testament to Oes Home of Rhode Island's commitment to its mission, providing a homely and nurturing space for individuals in need of such care. The organization's work is guided by the principle of operating exclusively for charitable purposes, contributing positively to its community and the lives of its residents.
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Impact
July, 2024
Oes Home Of Rhode Island operates a thirty-two-unit assisted living facility in Warwick, Rhode Island, providing housing and care for individuals in need. Their impact lies in offering a safe and supportive environment for residents who require assistance with daily living activities. Through their charitable mission, Oes Home Of Rhode Island plays a vital role in enhancing the quality of life for those in their care.
This information is meant to be a general summary of Oes Home Of Rhode Island. 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 2023.
- Investment Income: $100,011
- Program Service Revenue: $1,092,671
- Gross Receipts: $1,487,318
Assets and Liabilities:
- Total Assets: $8,155,911
- Total Liabilities: $51,345
- Net Assets: $8,104,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident revenue
Revenue
$1,092,671
Organization Details
Founding Year
1955
Principal Officer
Rick Baccuss
Main Address
85 Ethan Street, Warwick, RI, 028883905
Website
www.ethanplaceri.comNTEE Category
Code: L22 - Housing
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