Overview
What is Garrison Place Inc?
Garrison Place Inc is a nonprofit organization situated in Batavia, Ohio, dedicated to addressing the housing needs of the elderly community. They operate a 28-unit apartment complex, serving as an affordable and convenient living option for senior residents. The core mission of Garrison Place is to provide accessible and economical residences, ensuring that elderly individuals have a secure and affordable place to call home. This nonprofit organization is committed to enhancing the quality of life for seniors in the Batavia community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects Garrison Place Inc's overall performance in accountability and financial health, with a focus on transparency and responsible governance.
The organization boasts a strong governance framework, with 100% of its board members being independent. Additionally, it has a high program expense ratio of 77.38%, indicating that a significant portion of its resources is devoted to its charitable activities. The organization also shows no material diversion of assets, which is a positive sign of financial integrity.
However, the overall Two-Star rating suggests that there may be areas for improvement. While the organization has maintained good financial ratios, potential donors may want to consider the overall impact and effectiveness of its programs in relation to its governance and finance metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Garrison Place Inc legitimate?
Garrison Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garrison Place 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: $35,995
For more financial information, click here
What is the mission statement of Garrison Place Inc?
Garrison Place Inc, as an organization, is dedicated to providing a mission that caters to the elderly population. Specifically, they aim to offer affordable housing options that are both accessible and economical. The 28-unit apartment complex they operate in serves as a platform to fulfill this mission, providing a residence for the elderly community. The primary focus of Garrison Place Inc is to ensure that senior citizens have a comfortable living space within their means.
Who is the CEO of Garrison Place Inc?
William Dehass is the Trustee of Garrison Place Inc. The CEO's salary of Garrison Place Inc is $0 and their total compensation is $112,464.
What is the revenue of Garrison Place Inc?
Garrison Place Inc's revenue in 2022 was $196,064.
Who are the executives of Garrison Place Inc and what are their salaries?
There 11 volunteers at Garrison Place Inc.
Here are 13 key members and their salaries (Garrison Place Inc's CEO's salary is $0 and their total compensation is $112,464):
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- Related: $106,442
- Other: $6,022
- Compensation: $0
- Related: $74,719
- Other: $484
Where can I find the form 990 for Garrison Place Inc?
Garrison Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Garrison Place Inc
Garrison Place Inc, as a nonprofit organization, is dedicated to providing affordable housing for the elderly. Its mission is centered around organizing a 28-unit apartment complex, offering accessible and economical residence options for senior citizens. The primary focus of Garrison Place is to address the housing needs of the elderly, ensuring they have a place to call home without the burden of exorbitant costs. By offering affordable housing, Garrison Place Inc contributes to the well-being and independence of its elderly residents, enabling them to maintain a dignified living standard.
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Impact
October, 2024
Garrison Place Inc significantly impacts the community by providing affordable housing options for the elderly in Batavia, OH. By organizing a 28-unit apartment complex, Garrison Place addresses the critical need for accessible and economical living spaces for seniors. This initiative not only enhances the quality of life for elderly residents, enabling them to remain in their community, but also fosters a sense of belonging and security among this demographic. The provision of affordable housing plays a crucial role in promoting independence and well-being for seniors, allowing them to thrive in a supportive environment tailored to their needs.
This information is meant to be a general summary of Garrison Place 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: $156
- Program Service Revenue: $195,908
- Gross Receipts: $196,064
Assets and Liabilities:
- Total Assets: $1,679,310
- Total Liabilities: $32,268
- Net Assets: $1,647,042
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent Revenue
Revenue
$99,067
HUD Subsidy Rent Reven
Revenue
$96,841
Organization Details
Founding Year
2007
Phone
(513) 724-1255Principal Officer
William Dehass
Main Address
2085-A James E Sauls Sr Drive, Batavia, OH, 45103
NTEE Category
Code: L22 - Housing
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