Overview
What is Ocl Properties Inc?
Ocl Properties Inc is a nonprofit organization situated in Ronkonkoma, New York, specifically at 25 Howard Place, 11779. Their primary mission focuses on providing housing for individuals struggling with chronic mental illnesses. The organization, under the U.S. Department of Housing and Urban Development - Section 811, houses these individuals across five scattered sites. Their work aims to offer safe and supportive living environments for those in need, contributing positively to their wellbeing and overall quality of life.
Official website here: www.optionscl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Ocl Properties Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. This rating is significant as it indicates the organization operates with high transparency and ethical standards, which is crucial for donor trust and engagement.
The organization demonstrates outstanding governance, with a fully independent board of directors and no material diversion of assets. Its policies on conflict of interest, whistleblowing, and document retention are all well-structured and compliant, contributing to its perfect scores in these areas. Furthermore, a strong program expense ratio of 73.47% shows that a substantial portion of its resources is directed towards its mission-driven activities.
While the data paints a positive picture overall, the summary does not provide insight into the specific impact of Ocl Properties Inc's programs or community engagement, which are important aspects of evaluating a nonprofit's effectiveness. However, its financial health and governance practices are commendable, making it a potentially reliable charity for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ocl Properties Inc legitimate?
Ocl Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocl Properties 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: $34,253
For more financial information, click here
Official website here: www.optionscl.org
What is the mission statement of Ocl Properties Inc?
Ocl Properties Inc is dedicated to providing housing for individuals suffering from chronic mental illnesses. Their mission is to offer a secure and supportive living environment for these individuals, as part of a program under the U.S. Department of Housing and Urban Development - Section 811. They currently house 18 such individuals across five scattered sites.
Official website here: www.optionscl.org
Who is the CEO of Ocl Properties Inc?
Yolanda Robano-Gross is the Principal Officer of Ocl Properties Inc.
Official website here: www.optionscl.org
What is the revenue of Ocl Properties Inc?
Ocl Properties Inc's revenue in 2022 was $135,133.
Official website here: www.optionscl.org
Who are the executives of Ocl Properties Inc and what are their salaries?
There 12 volunteers at Ocl Properties Inc.
Here are 16 key members and their salaries:
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- Related: $288,221
- Other: $35,411
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- Related: $167,894
- Other: $61,230
Official website here: www.optionscl.org
Where can I find the form 990 for Ocl Properties Inc?
Ocl Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.optionscl.org
Learn more at the official website: www.optionscl.org
Mission Statement of Ocl Properties Inc
Ocl Properties Inc, a non-profit organization, is dedicated to providing housing for individuals grappling with chronic mental illnesses. The primary mission of this organization is to ensure that those who are in dire need of shelter and support find a safe and comfortable environment to live in. Under the U.S. Department of Housing and Urban Development's Section 811 program, Ocl Properties Inc houses 18 such individuals across five scattered sites. This initiative not only offers housing but also creates a community where these individuals can find solace and healing.
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Impact
June, 2024
Ocl Properties Inc's impact lies in providing essential housing for individuals with chronic mental illness. They offer a stable and supportive living environment for 18 individuals under the U.S. Department of Housing and Urban Development's Section 811 program. By housing these individuals at five scattered sites in Ronkonkoma, NY, Ocl Properties Inc is directly addressing the critical need for specialized housing for those with mental health challenges. Their mission to support individuals with chronic mental illness aligns with their commitment to improving the quality of life for those in need in the community.
This information is meant to be a general summary of Ocl Properties 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: $4
- Program Service Revenue: $48,279
- Gross Receipts: $135,133
Assets and Liabilities:
- Total Assets: $298,350
- Total Liabilities: $37,351
- Net Assets: $260,999
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$48,279
Organization Details
Founding Year
1994
Phone
(631) 361-9020Principal Officer
Yolanda Robano-Gross
Main Address
25 HOWARD PLACE, RONKONKOMA, NY, 11779
Website
www.optionscl.orgNTEE Category
Code: F33 - Mental health
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