Overview
What is Tioga Opportunities Inc?
Tioga Opportunities Inc, established in Owego, New York, is a nonprofit organization dedicated to enhancing the lives of income-eligible households, particularly the elderly, working poor, disabled, and families with young children in Tioga and Broome Counties. Through various programs, they aim to alleviate the energy burden on their community members, enabling them to allocate funds towards other pressing family needs. Tioga Opportunities Inc fosters partnerships that strengthen communities and empower individuals and families to achieve independence, thereby enriching their quality of life. The organization serves as an umbrella for approximately 40 different programs, funded by federal, state, and local grants. As a Community Action Agency, their mission includes helping low-income people become more self-sufficient, improving their living conditions, and fostering partnerships to expand their capacity for delivering impactful results.
Official website here: www.tiogaopp.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
Tioga Opportunities Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization excels in several key areas, including having a fully independent board and comprehensive audit practices. Their transparency is further highlighted by the availability of financial statements and policies such as conflict of interest and whistleblower guidelines on their website.
The organization demonstrates a strong commitment to utilizing its resources effectively, with a program expense ratio of over 90%, suggesting that the majority of funds are directed towards its programs rather than administrative costs. This financial management strategy reflects positively on its impact and operational efficiency, contributing to the overall high score in accountability and finance.
However, while the organization receives high marks for various financial metrics, its liabilities to assets ratio, at 56.27%, is a point of consideration. Although this does not detract significantly from its overall strong performance, it suggests that the organization may have a moderate level of debt relative to its assets, which stakeholders may want to monitor as part of their ongoing investment in the nonprofit's mission.
This AI summary has been generated from information found on Charity Navigator.
Is Tioga Opportunities Inc legitimate?
Tioga Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tioga Opportunities 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: $197,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,175,949
For more financial information, click here
Official website here: www.tiogaopp.org
What is the mission statement of Tioga Opportunities Inc?
Tioga Opportunities Inc, as an umbrella organization, oversees approximately 40 programs funded by federal, state, and local grants. Serving as a Community Action Agency, its primary goals include helping low-income individuals become more self-sufficient, improving their living conditions, encouraging community ownership, fostering partnerships with service providers, enhancing its capacity to achieve results, and aiding vulnerable populations to reach their potential by strengthening their support systems. The agency's mission is to empower individuals and families, ultimately enriching their quality of life and strengthening their communities.
Official website here: www.tiogaopp.org
Who is the CEO of Tioga Opportunities Inc?
Maureen Abbott is the Executive Director of Tioga Opportunities Inc.
Official website here: www.tiogaopp.org
What is the revenue of Tioga Opportunities Inc?
Tioga Opportunities Inc's revenue in 2022 was $5,790,193.
Official website here: www.tiogaopp.org
Who are the executives of Tioga Opportunities Inc and what are their salaries?
The average compensation at Tioga Opportunities Inc during 2022 was $27,602. There are 86 employees and 60 volunteers at Tioga Opportunities Inc.
Here are 14 key members and their salaries:
- Compensation: $88,710
- Related: $0
- Other: $33,440
- Compensation: $63,955
- Related: $0
- Other: $11,697
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tiogaopp.org
Where can I find the form 990 for Tioga Opportunities Inc?
Tioga Opportunities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tiogaopp.org
Learn more at the official website: www.tiogaopp.org
Mission Statement of Tioga Opportunities Inc
Tioga Opportunities Inc, as an umbrella organization, hosts approximately 40 different programs funded by various federal, state, and local grants. The mission of this nonprofit entity is multifaceted and aimed at empowering individuals and families to attain independence and enhance their quality of life.
In line with this objective, Tioga Opportunities Inc has set six primary goals. The first goal is to assist low-income individuals in becoming more self-sufficient, enabling them to take charge of their lives. The second goal is to improve the living conditions of these low-income individuals, making their surroundings more conducive to their well-being.
The third goal is to help low-income people own a stake in their community, fostering a sense of belonging and engagement. The fourth goal focuses on establishing partnerships with supporters and service providers, ensuring that the organization can effectively meet the needs of its clientele.
The fifth goal is to increase Tioga Opportunities Inc's capacity to achieve results, ensuring that the organization is well-equipped to carry out its mission. Lastly, the sixth goal is to help vulnerable populations, particularly low-income families, reach their potential by strengthening their family and other supportive systems.
In summary, Tioga Opportunities Inc's mission is to create partnerships that strengthen communities while empowering individuals and families to attain self-sufficiency and improve their quality of life. The organization works towards achieving this mission by focusing on six primary goals: helping low-income people become more self-sufficient, improving their living conditions, helping them own a stake in their community, establishing partnerships, increasing the organization's capacity, and helping vulnerable populations achieve their potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Tioga Opportunities Inc. creates strong partnerships that enhance community resilience while empowering individuals and families to work towards independence and a better quality of life. Through a variety of energy services, the organization supports income-eligible households, including elderly individuals, working poor families, disabled persons, and families with young children in Tioga and Broome Counties.
The organization aims to alleviate the energy burden on low-income community members, enabling them to allocate funds toward more immediate family needs. By addressing not only energy challenges but also broader economic concerns, Tioga Opportunities Inc. employs a multifaceted approach to help individuals achieve self-sufficiency and improve living conditions.
Their mission encompasses six key goals that focus on enhancing self-sufficiency, improving living conditions, and fostering community engagement. By strengthening families and supportive systems, Tioga Opportunities Inc. actively works to uplift vulnerable populations and cultivate a sense of community ownership, ultimately driving lasting positive change.
This information is meant to be a general summary of Tioga Opportunities 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: $92
- Program Service Revenue: $667,654
- Gross Receipts: $5,790,193
Assets and Liabilities:
- Total Assets: $6,442,950
- Total Liabilities: $3,625,857
- Net Assets: $2,817,093
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$491,210
OTHER PROGRAM REVENUE
Revenue
$84,352
PROGRAM PARTICIPANT RE
Revenue
$53,252
3RD PARTY REVENUE
Revenue
$30,534
LAUNDRY INCOME
Revenue
$7,176
Organization Details
Founding Year
1965
Phone
(607) 687-4222Principal Officer
Maureen Abbott
Main Address
9 SHELDON GUILE BLVD, OWEGO, NY, 13827
Website
www.tiogaopp.orgNTEE Category
Code: L81Z - Housing
If you are a representative of Tioga Opportunities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.