Overview
What is Ocl Properties Vii Inc?
Ocl Properties Vii Inc is a nonprofit organization, located at 25 Howard Place, Ronkonkoma, NY 11779. Their primary mission is to provide housing solutions for individuals struggling with chronic mental illness. In collaboration with the U.S. Department of Housing and Urban Development - Section 811, they have dispersed housing across four separate locations, ensuring a home for nine individuals in need. By offering housing, Ocl Properties Vii Inc aims to support and improve the lives of those affected by chronic mental illness.
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 Vii Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial transparency. The overall score is based solely on the Accountability & Finance beacon, indicating strong governance practices and effective management of resources. The organization has a strong independent board, with all members being independent, which contributes to its robust oversight.
The charity’s financial metrics are impressive, showcasing a low liabilities to assets ratio of 3.80% and a program expense ratio of 72.81%. This means that a significant majority of its expenditures are directed towards its programs, reinforcing its commitment to fulfilling its mission. Additionally, the presence of key policies such as conflict of interest, whistleblower, and document retention demonstrates a proactive approach to governance and ethical operations.
There are no noted limitations in the provided data, suggesting that Ocl Properties Vii Inc is performing well in its governance and financial management. Overall, the organization stands out as a responsible entity with a strong commitment to accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Ocl Properties Vii Inc legitimate?
Ocl Properties Vii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocl Properties Vii 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: $20,287
For more financial information, click here
Official website here: www.optionscl.org
What is the mission statement of Ocl Properties Vii Inc?
Ocl Properties Vii Inc is dedicated to providing housing for individuals suffering from chronic mental illness. The organization's mission is centered around offering residential accommodations to nine individuals who fall under this category. This housing is facilitated under the U.S. Department of Housing and Urban Development's Section 811 program, with residents residing at four scattered sites. The primary goal of Ocl Properties Vii Inc is to create a secure and supportive living environment for these individuals, ensuring they receive the care and attention they need.
Official website here: www.optionscl.org
Who is the CEO of Ocl Properties Vii Inc?
Yolanda Robano-Gross is the Principal Officer of Ocl Properties Vii Inc.
Official website here: www.optionscl.org
What is the revenue of Ocl Properties Vii Inc?
Ocl Properties Vii Inc's revenue in 2022 was $94,443.
Official website here: www.optionscl.org
Who are the executives of Ocl Properties Vii Inc and what are their salaries?
There 12 volunteers at Ocl Properties Vii 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 Vii Inc?
Ocl Properties Vii 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 Vii Inc
Ocl Properties Vii Inc, a nonprofit organization, is dedicated to providing housing for individuals struggling with chronic mental illness. Through its mission, the organization strives to offer suitable living arrangements for nine individuals, ensuring they have a safe and secure place to call home. This housing is made possible under the U.S. Department of Housing and Urban Development's Section 811 program, with the residents residing at four scattered sites. By providing housing, Ocl Properties Vii Inc aims to contribute to the well-being and stability of its residents, offering them a chance to live with dignity and independence.
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Impact
June, 2024
Ocl Properties Vii Inc's impact lies in providing vital housing support for individuals with chronic mental illness. By offering housing for nine individuals under the U.S. Department of Housing and Urban Development - Section 811 program at four different locations in Ronkonkoma, NY, this organization is directly addressing the critical need for stable and supportive housing for this vulnerable population. Through their commitment to their mission of providing housing for persons with chronic mental illness, Ocl Properties Vii Inc is making a tangible difference in the lives of those they serve, contributing to improved mental health outcomes and overall well-being.
This information is meant to be a general summary of Ocl Properties Vii 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: $29,973
- Gross Receipts: $94,443
Assets and Liabilities:
- Total Assets: $467,221
- Total Liabilities: $17,763
- Net Assets: $449,458
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$29,973
Organization Details
Founding Year
2001
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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