Overview
What is Ogden Housing Inc?
Ogden Housing Inc, a nonprofit organization situated in Wilton, Connecticut, is dedicated to serving the needs of the elderly with low income. Their primary mission is to provide subsidized housing, accommodating 85 units specifically designed for this demographic. By offering affordable living spaces, Ogden Housing Inc aims to contribute positively to the well-being of the elderly community in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating) from Charity Navigator.
Ogden Housing Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating indicates a solid level of accountability and financial management, as the score is derived entirely from its accountability and finance metrics. The organization demonstrates strength in governance, with 100% of its board members being independent and strong policies in place for conflict of interest and whistleblower protections.
Financially, Ogden Housing Inc shows a high program expense ratio of 87.86%, indicating that a significant portion of its spending goes directly toward its mission-related activities. However, the organization has a liability to assets ratio of 72.61%, suggesting potential concerns regarding financial stability or leverage. This aspect highlights a limitation that may warrant further scrutiny by potential donors or stakeholders. Overall, the nonprofit shows a commitment to accountability, yet it faces challenges in its financial structure.
This AI summary has been generated from information found on Charity Navigator.
Is Ogden Housing Inc legitimate?
Ogden Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ogden Housing 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:
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Other Salaries and Wages: $208,842
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What is the mission statement of Ogden Housing Inc?
Ogden Housing Inc's mission revolves around providing low-income housing opportunities for the elderly. They are dedicated to serving this demographic by offering subsidized housing units. Although the specific number and location of these units were mentioned in the provided information, they will not be included in this summary to adhere to the instructions. Ogden Housing Inc's primary objective is to contribute to the wellbeing of the elderly population by offering affordable housing options.
Who is the CEO of Ogden Housing Inc?
G William Brautigam is the Treasurer of Ogden Housing Inc.
What is the revenue of Ogden Housing Inc?
Ogden Housing Inc's revenue in 2022 was $1,824,760.
Who are the executives of Ogden Housing Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Ogden Housing Inc?
Ogden Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ogden Housing Inc
Ogden Housing, a nonprofit organization, is dedicated to providing affordable housing for the elderly with low incomes. As part of its mission, Ogden Housing offers 85 units of subsidized housing, catering specifically to this demographic. The organization is committed to ensuring that elderly individuals have access to secure and suitable living arrangements, thereby enhancing their quality of life. Although the location of these 85 units is not specified in the provided information, it is clear that Ogden Housing prioritizes the well-being of the elderly population by providing them with affordable housing options.
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Impact
July, 2024
Ogden Housing Inc provides crucial support for low-income elderly individuals in Wilton, CT. By offering 85 units of subsidized housing specifically designed for elderly residents, this organization plays a vital role in addressing the housing needs of this vulnerable population. Through their mission-focused approach, Ogden Housing Inc directly contributes to enhancing the quality of life and well-being of low-income elderly individuals in the community.
This information is meant to be a general summary of Ogden Housing 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: $430
- Program Service Revenue: $1,824,330
- Gross Receipts: $1,824,760
Assets and Liabilities:
- Total Assets: $4,255,115
- Total Liabilities: $3,089,988
- Net Assets: $1,165,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,824,330
Organization Details
Founding Year
1976
Phone
(203) 762-8035Principal Officer
G William Brautigam
Main Address
100 RIVER ROAD, WILTON, CT, 068974028
NTEE Category
Code: L22Z - Housing
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