Overview
What is Living Opportunities Of Depaul Inc?
Living Opportunities of DePaul Inc is a non-profit organization based in Depew, New York, with a workforce of 283 employees. They specialize in offering housing solutions for individuals with mental illness, ensuring their transition to fully independent living. Their supportive housing programs provide rent stipends and essentials to help residents get established in their new homes. Additionally, they offer permanent housing through Single Room Occupancy programs, which provide an enriched setting for individuals with mental illness. Funded mainly by Medicaid, resident fees, and contracts with government agencies, Living Opportunities of DePaul, Inc is committed to enhancing the lives of those in need in Western New York State.
Official website here: www.depaul.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
Living Opportunities Of Depaul Inc has received an overall score of 84%, reflecting a strong commitment to accountability and finance. The rating is derived solely from their Accountability & Finance score, which indicates a high level of transparency and ethical management practices. Their independent board structure is robust, with 95% of board members being independent, which enhances governance and oversight.
The organization excels in various governance areas, scoring full marks in key categories such as financial statements, conflict of interest policy, and whistleblower policy. Additionally, they maintain a high program expense ratio of 91.02%, suggesting that a significant portion of their resources is directed toward programmatic activities rather than administrative costs.
However, there is a noted limitation in their liabilities to assets ratio, which stands at 66.09%. This could indicate potential financial vulnerabilities that stakeholders might want to monitor. Overall, Living Opportunities Of Depaul Inc demonstrates a solid commitment to ethical practices and effective program delivery, although attention may be warranted regarding its financial leverage.
This AI summary has been generated from information found on Charity Navigator.
Is Living Opportunities Of Depaul Inc legitimate?
Living Opportunities Of Depaul Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Opportunities Of Depaul 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: $243,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,600,091
For more financial information, click here
Official website here: www.depaul.org
What is the mission statement of Living Opportunities Of Depaul Inc?
Living Opportunities of DePaul, Inc is dedicated to offering supportive residences and related services for individuals grappling with mental illness. The organization primarily relies on funding from Medicaid, resident fees, and contracts with governmental agencies.
Among their programs, they provide rent stipends and essential furniture for individuals with mental illness, enabling them to begin independent living. Furthermore, they offer single room occupancy programs, providing permanent housing in an enriched setting for those dealing with mental illness.
In summary, Living Opportunities of DePaul, Inc is committed to making a difference in the lives of individuals with mental illness by offering them supportive housing and related services. Their mission is aimed at empowering these individuals to live as independently as possible.
Official website here: www.depaul.org
Who is the CEO of Living Opportunities Of Depaul Inc?
Kelly Thompson is the President of Living Opportunities Of Depaul Inc.
Official website here: www.depaul.org
What is the revenue of Living Opportunities Of Depaul Inc?
Living Opportunities Of Depaul Inc's revenue in 2022 was $21,606,650.
Official website here: www.depaul.org
Who are the executives of Living Opportunities Of Depaul Inc and what are their salaries?
The average compensation at Living Opportunities Of Depaul Inc during 2022 was $34,781. There are 283 employees and 24 volunteers at Living Opportunities Of Depaul Inc.
Here are 27 key members and their salaries:
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- Related: $1,167,766
- Other: $50,505
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- Related: $466,577
- Other: $21,955
- Compensation: $243,061
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Official website here: www.depaul.org
Where can I find the form 990 for Living Opportunities Of Depaul Inc?
Living Opportunities Of Depaul Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.depaul.org
Learn more at the official website: www.depaul.org
Mission Statement of Living Opportunities Of Depaul Inc
Living Opportunities of DePaul, Inc, a prominent organization, is dedicated to offering supportive residences and related services for individuals with mental illness in Western New York State. The mission of this nonprofit is primarily funded through Medicaid, resident fees, and contractual agreements with governmental agencies.
In practice, Living Opportunities of DePaul, Inc provides rent stipends and essentials like furniture to help individuals with mental illness get started in fully independent living sites. The organization goes beyond just housing by offering Residential Mental Health programs, which provide permanent housing in an enriched setting for individuals with mental illness. These programs cater to the specific needs of these individuals, ensuring they have a stable and nurturing environment for their recovery. The organization manages 507 beds in total, demonstrating their commitment to providing housing solutions for a significant number of individuals in need.
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Impact
October, 2024
Living Opportunities of DePaul Inc creates significant positive impact in the lives of individuals with mental illness in Western New York State. By providing supportive residences, the organization helps residents achieve greater independence through programs that offer rental stipends, furniture, and other essential resources for transitioning into fully independent living situations.
The residential mental health programs, including single room occupancy options, allow individuals to secure permanent housing in a supportive and enriched environment. With a capacity of 507 beds, these services address the immediate housing needs of those struggling with mental health challenges while fostering a sense of community and safety.
Through its various initiatives, Living Opportunities of DePaul Inc not only assists with securing stable housing but also enhances the overall quality of life for its residents. By focusing on support and empowerment, the organization plays a vital role in helping individuals regain their dignity and promote mental wellness, enabling them to reintegrate into the community successfully.
This information is meant to be a general summary of Living Opportunities Of Depaul 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: $84,936
- Program Service Revenue: $21,469,587
- Gross Receipts: $21,606,650
Assets and Liabilities:
- Total Assets: $29,638,040
- Total Liabilities: $19,590,055
- Net Assets: $10,047,985
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NYS Office of Mental Health
Revenue
$4,287,621
Erie County Department of Mental Health
Revenue
$6,914,421
Medicaid
Revenue
$6,331,537
Client Fees
Revenue
$2,697,036
Organization Details
Founding Year
1979
Phone
(716) 391-5400Principal Officer
Kelly Thompson
Main Address
2475 George Urban Blvd Suite 201, Depew, NY, 14043
Website
www.depaul.orgNTEE Category
Code: P73Z - Human services
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