Overview
What is Ocl Properties Iii West Inc?
Ocl Properties Iii West Inc is a nonprofit organization based in Ronkonkoma, New York, specifically at 25 Howard Place, ZIP code 11779. Their primary mission is to provide housing for individuals suffering from chronic mental illness. This housing is facilitated through the U.S. Department of Housing and Urban Development's Section 811 program, with residents housed across three separate locations. The organization focuses on offering accommodations to help those struggling with mental illness, thereby improving their 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 Star rating)
Ocl Properties III West Inc has achieved a high Charity Navigator rating of 97%, demonstrating strong accountability and financial transparency. This score is derived entirely from their impressive performance in accountability and finance metrics, signaling a well-managed organization that prioritizes ethical practices.
The organization has a fully independent board, consisting of twelve members, which reflects a commitment to governance. They have no material diversions of assets and have robust policies in place regarding conflicts of interest, whistleblower protections, and document retention. These factors contribute to their high ratings across various metrics, ensuring donors can trust their contributions will be used effectively.
Financially, Ocl Properties III West Inc displays a solid program expense ratio of 71.17%, indicating that a significant portion of their funds is directed towards their programs. Their liabilities to assets ratio stands at a healthy 10.84%, further underscoring their financial stability. Overall, the organization’s strong performance metrics highlight its dedication to accountability and effective program delivery, although no specific limitations were noted in the data provided.
This AI summary has been generated from information found on Charity Navigator.
Is Ocl Properties Iii West Inc legitimate?
Ocl Properties Iii West Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocl Properties Iii West 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: $17,508
For more financial information, click here
Official website here: www.optionscl.org
What is the mission statement of Ocl Properties Iii West Inc?
Ocl Properties III West Inc, a housing provider, is dedicated to offering shelter for individuals battling chronic mental illness. Their mission is centered around providing a home for those who need it most, under the auspices of the U.S. Department of Housing and Urban Development's Section 811 program. They currently house nine individuals at three separate locations. Their focus is on offering a supportive living environment for those dealing with mental health challenges.
Official website here: www.optionscl.org
Who is the CEO of Ocl Properties Iii West Inc?
Yolanda Robano-Gross is the Principal Officer of Ocl Properties Iii West Inc.
Official website here: www.optionscl.org
What is the revenue of Ocl Properties Iii West Inc?
Ocl Properties Iii West Inc's revenue in 2022 was $84,106.
Official website here: www.optionscl.org
Who are the executives of Ocl Properties Iii West Inc and what are their salaries?
There 12 volunteers at Ocl Properties Iii West Inc.
Here are 16 key members and their salaries:
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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 Iii West Inc?
Ocl Properties Iii West 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 Iii West Inc
Ocl Properties III West Inc, a nonprofit organization, is dedicated to providing housing for individuals living with chronic mental illness. The primary mission of this entity is to offer a safe and supportive living environment for those who are struggling with such conditions. Under the auspices of the U.S. Department of Housing and Urban Development's Section 811 program, Ocl Properties III West Inc has successfully housed nine individuals in three scattered sites. By doing so, the organization is making a significant contribution towards improving the quality of life for those affected by chronic mental illness.
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Impact
June, 2024
OCL Properties III West Inc's impact lies in providing vital housing solutions for individuals with chronic mental illness in Ronkonkoma, NY. By offering housing for nine individuals at three scattered sites, they play a crucial role in supporting this vulnerable population under the U.S. Department of Housing and Urban Development's Section 811 program. Through their mission to provide stable housing for those with chronic mental illness, OCL Properties III West Inc contributes to improving the quality of life and well-being of these individuals, ensuring they have a safe and supportive environment to call home. Their work in this field aligns with the broader mental health sector, addressing a critical need for housing solutions within this community.
This information is meant to be a general summary of Ocl Properties Iii West 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: $5
- Program Service Revenue: $33,826
- Gross Receipts: $84,106
Assets and Liabilities:
- Total Assets: $259,234
- Total Liabilities: $28,114
- Net Assets: $231,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$33,826
Organization Details
Founding Year
1997
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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