Overview
What is Ocl Properties V Inc?
Ocl Properties V Inc is a nonprofit organization based in Ronkonkoma, New York, specifically located at 25 Howard Place, ZIP code 11779. Their primary mission is to provide housing for individuals grappling with chronic mental illnesses, funded under the U.S. Department of Housing and Urban Development's Section 811 program. They manage multiple scattered sites to accommodate a total of 13 individuals in need. Their core activity revolves around offering housing solutions for those struggling with mental health issues, aiming to improve their living conditions and overall well-being.
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 V Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 97%, the organization demonstrates a high level of transparency and responsible financial management, which is essential for building trust with donors and stakeholders.
The organization boasts a fully independent board with 12 members, ensuring that decisions are made without conflicts of interest. It has implemented several governance policies, including a conflict of interest policy and a whistleblower policy, contributing to its high accountability score. Furthermore, the fiscal health of the organization is solid, with a low liabilities to assets ratio and a significant portion of expenses directed towards its programs.
While the data highlights many strengths, the summary primarily focuses on the accountability and financial practices of Ocl Properties V Inc. More information on its program effectiveness and impact could provide a fuller picture of its overall performance and contributions to the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Ocl Properties V Inc legitimate?
Ocl Properties V Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocl Properties V 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: $26,478
For more financial information, click here
Official website here: www.optionscl.org
What is the mission statement of Ocl Properties V Inc?
Ocl Properties V Inc, a housing organization, is dedicated to providing suitable accommodations for individuals struggling with chronic mental illness. Their primary mission is to offer housing solutions under the U.S. Department of Housing and Urban Development's Section 811 program. Currently, they house 13 such individuals at four scattered sites. Their goal is to offer a supportive living environment for individuals dealing with chronic mental illness, aiming to improve their quality of life and overall well-being.
Official website here: www.optionscl.org
Who is the CEO of Ocl Properties V Inc?
Yolanda Robano-Gross is the Principal Officer of Ocl Properties V Inc.
Official website here: www.optionscl.org
What is the revenue of Ocl Properties V Inc?
Ocl Properties V Inc's revenue in 2022 was $110,156.
Official website here: www.optionscl.org
Who are the executives of Ocl Properties V Inc and what are their salaries?
There 12 volunteers at Ocl Properties V 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 V Inc?
Ocl Properties V 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 V Inc
Ocl Properties V Inc, a non-profit organization, is dedicated to providing housing for individuals battling chronic mental illness. Their mission is centered around offering a safe and supportive living environment for these individuals, aiming to improve their quality of life. Under the U.S. Department of Housing and Urban Development's Section 811 program, Ocl Properties V Inc currently houses 13 individuals at four scattered sites, providing them with a much-needed home. This organization's efforts are pivotal in offering these individuals a chance at stable, dignified living.
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Impact
June, 2024
Ocl Properties V Inc's impact lies in providing essential housing for individuals with chronic mental illness. Through their efforts, 13 persons with chronic mental illness are housed at four scattered sites in Ronkonkoma, NY. This initiative is supported under the U.S. Department of Housing and Urban Development's Section 811 program. By offering stable and supportive housing, Ocl Properties V Inc contributes significantly to the well-being and quality of life for these individuals, addressing a critical need in the community.
This information is meant to be a general summary of Ocl Properties V 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: $6
- Program Service Revenue: $55,192
- Gross Receipts: $110,156
Assets and Liabilities:
- Total Assets: $385,505
- Total Liabilities: $28,541
- Net Assets: $356,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$55,192
Organization Details
Founding Year
1999
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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