Overview
What is Delaware Opportunities Inc?
Delaware Opportunities Inc, based in Hamden, NY, functions as a Community Action Agency. Their primary focus is on ensuring individuals and families have access to safe, affordable housing through rental assistance and property rehabilitation. In addition, they offer educational programs and services tailored to disadvantaged individuals, pre-school children, teens, and adults. This nonprofit organization strives to make a positive impact on the community by addressing both housing needs and educational requirements.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98% (Four-Star out of Four Star rating)
Delaware Opportunities Inc has achieved an impressive score of 98%, which reflects its strong commitment to accountability and financial management. With a perfect score for having a majority of independent board members and a robust audit committee, the organization demonstrates transparency in its operations and a dedication to upholding best practices in governance.
The nonprofit excels in its financial efficiency, with a program expense ratio of 92.71%. This indicates that a significant majority of its expenses are directed towards its programs rather than administrative costs, showcasing its effectiveness in fulfilling its mission. The absence of material diversion of assets and the presence of comprehensive policies, such as conflict of interest and whistleblower protections, further strengthen its operational integrity.
While the organization has shown remarkable strengths in various areas, maintaining its current high standards will be crucial for continued trust and support from donors and the community. Overall, Delaware Opportunities Inc stands out as a well-managed nonprofit that prioritizes transparency and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware Opportunities Inc legitimate?
Delaware Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware 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: $171,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,410,781
For more financial information, click here
What is the mission statement of Delaware Opportunities Inc?
Delaware Opportunities Inc is a Community Action Agency dedicated to making a positive impact on individuals and families. Through its efforts, this organization provides access to safe and affordable housing via rental assistance and property rehabilitation. Additionally, Delaware Opportunities offers a range of educational programs and services tailored to disadvantaged individuals, benefiting pre-school children, teens, and adults alike.
Who is the CEO of Delaware Opportunities Inc?
Arthur Edel is the Director of Delaware Opportunities Inc.
What is the revenue of Delaware Opportunities Inc?
Delaware Opportunities Inc's revenue in 2023 was $15,321,476.
Who are the executives of Delaware Opportunities Inc and what are their salaries?
The average compensation at Delaware Opportunities Inc during 2023 was $26,018. There are 253 employees and 150 volunteers at Delaware Opportunities Inc.
Here are 19 key members and their salaries:
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- Compensation: $96,203
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- Compensation: $75,666
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- Other: $5,069
Where can I find the form 990 for Delaware Opportunities Inc?
Delaware Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Delaware Opportunities Inc
Delaware Opportunities Inc, a Community Action Agency, is dedicated to making a positive impact on individuals and families by providing them with access to safe, affordable housing. The organization offers rental assistance and property rehabilitation to help those in need find a secure place to call home. In addition to housing services, Delaware Opportunities also provides educational programs and services to disadvantaged individuals.
Through its commitment to empowering communities, Delaware Opportunities reaches out to pre-school children, teens, and adults. By offering educational opportunities, the organization aims to help individuals overcome challenges and improve their quality of life. Delaware Opportunities' mission is to create opportunities for a better future and to uplift those who are facing difficult circumstances.
Delaware Opportunities is more than just a housing provider; it's a beacon of hope for those in need. By offering a range of services, the organization aims to address the root causes of poverty and help individuals and families build a solid foundation for a brighter future. Delaware Opportunities' goal is to provide the tools and resources necessary for individuals to become self-sufficient and to create lasting, positive change in their lives.
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Impact
October, 2024
Delaware Opportunities Inc has a significant impact on the community by providing individuals and families access to safe and affordable housing through essential services such as rental assistance and property rehabilitation. This direct support helps stabilize living conditions and fosters a sense of security among residents.
Additionally, the agency enhances the lives of disadvantaged individuals, including pre-school children, teens, and adults, through a variety of educational programs and services. By focusing on education and skill development, Delaware Opportunities contributes to breaking the cycle of poverty and empowering community members to achieve greater self-sufficiency. Through its comprehensive approach to housing and education, the organization plays a vital role in promoting community improvement and enhancing overall quality of life in the Hamden, NY area.
This information is meant to be a general summary of Delaware 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 2023.
- Investment Income: $23,756
- Program Service Revenue: $511,500
- Gross Receipts: $15,323,750
Assets and Liabilities:
- Total Assets: $6,793,379
- Total Liabilities: $2,260,158
- Net Assets: $4,533,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$511,500
Organization Details
Founding Year
1965
Phone
(607) 746-1600Principal Officer
Arthur Edel
Main Address
35430 STATE HIGHWAY 10, HAMDEN, NY, 13782
NTEE Category
Code: S200 - Community improvement
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