Overview
What is Forest Park Housing?
Forest Park Housing is a nonprofit organization situated in Cincinnati, Ohio, with a specific mission to provide housing facilities that cater to the unique physical, social, and psychological needs of individuals with developmental disabilities. These individuals must meet the financial guidelines set by the HUD (Housing and Urban Development). The organization's primary goal is to create an environment that supports and nurtures their residents, ensuring they live comfortably and independently.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Forest Park Housing has demonstrated a strong commitment to accountability and financial transparency, as evidenced by its high score of 94%. This rating reflects the organization’s focus on maintaining an independent board, with 100% of its 15 members being independent, and the absence of any material diversion of assets. The charity has robust policies in place, including conflict of interest and whistleblower policies, contributing to its credibility and trustworthiness.
The organization's financial health is also commendable, with a liabilities to assets ratio of just 11.92%, indicating prudent management of resources. Moreover, 71.56% of its expenses are directed towards programs, showcasing a strong commitment to its mission. These attributes collectively position Forest Park Housing as a reliable nonprofit dedicated to serving its community effectively.
While the overall rating is favorable, it is important for potential donors and stakeholders to consider the organization's specific programs and impact when evaluating their support. The transparency and governance structures in place are strengths, but ongoing assessment of program effectiveness would further enhance trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Forest Park Housing legitimate?
Forest Park Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Park Housing 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: $2,612
For more financial information, click here
What is the mission statement of Forest Park Housing?
Forest Park Housing is dedicated to providing housing facilities that cater to the unique physical, social, and psychological needs of individuals with developmental disabilities. These individuals must meet the financial guidelines set by the HUD. The organization's mission is to ensure that these individuals have access to a living environment that supports their overall well-being and quality of life. By providing specifically designed housing facilities, Forest Park Housing aims to promote independence, inclusivity, and a sense of community for its residents. The organization's mission is to make a significant impact in the lives of these individuals by offering them a safe, supportive, and nurturing living environment.
Who is the CEO of Forest Park Housing?
James Steffey is the Chair of Forest Park Housing. The CEO's salary of Forest Park Housing is $0 and their total compensation is $139,879.
What is the revenue of Forest Park Housing?
Forest Park Housing's revenue in 2022 was $42,640.
Who are the executives of Forest Park Housing and what are their salaries?
Here are 12 key members and their salaries (Forest Park Housing's CEO's salary is $0 and their total compensation is $139,879):
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- Related: $93,978
- Other: $1,409
- Compensation: $0
- Related: $137,807
- Other: $2,072
Where can I find the form 990 for Forest Park Housing?
Forest Park Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Forest Park Housing
Forest Park Housing is committed to providing housing facilities that cater to the unique physical, social, and psychological needs of individuals with developmental disabilities. This organization adheres to financial guidelines set by the HUD, ensuring that qualified individuals can access these specialized accommodations. By offering such housing, Forest Park Housing aims to contribute to the overall well-being and independence of these individuals, enabling them to live fulfilling lives.
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Impact
October, 2024
Forest Park Housing significantly impacts the community by providing specialized housing facilities tailored to the unique needs of individuals with developmental disabilities. By focusing on the physical, social, and psychological well-being of residents, it fosters an environment where individuals can thrive. The organization ensures that these housing options meet HUD financial guidelines, making them accessible to those who qualify. This approach not only offers essential support but also enhances the overall quality of life for residents, promoting independence and dignity. The facilities serve as safe havens, contributing to the social integration and wellbeing of individuals often marginalized in society.
This information is meant to be a general summary of Forest Park Housing. 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: $16
- Program Service Revenue: $42,624
- Gross Receipts: $42,640
Assets and Liabilities:
- Total Assets: $607,157
- Total Liabilities: $52,672
- Net Assets: $554,485
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$42,624
Organization Details
Founding Year
2004
Phone
(513) 619-2948Principal Officer
James Steffey
Main Address
3030 WEST FORK ROAD, CINCINNATI, OH, 452111944
NTEE Category
Code: L21 - Housing
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