Overview
What is Ocean Housing Development I Inc C/O Kimberly Veith Lcsw?
Ocean Housing Development I Inc, under the leadership of Kimberly Veith Lcsw, is a nonprofit organization situated in Bayville, New Jersey. Their primary mission is to provide affordable housing opportunities for individuals with disabilities. By doing so, they aim to contribute positively to their community, ensuring that individuals with disabilities have a place to call home. Although the information provided does not specify the extent of their services or the number of employees, it is clear that their focus lies in housing assistance for the disabled population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Ocean Housing Development I Inc has received a One-Star rating from Charity Navigator, indicating significant areas for improvement, particularly in accountability and transparency. While the organization boasts a majority independent board and has documented board meeting minutes, it has notable shortcomings in its financial management practices, reflected in its liabilities to assets ratio of 106.77%, which raises concerns about its financial stability.
The charity's program expense ratio is commendable at 66.81%, suggesting that a significant portion of its resources is directed towards its programs. However, the absence of essential policies such as conflict of interest and whistleblower policies, along with missing documentation on its website, detracts from its overall accountability. These limitations indicate that while the organization is committed to its mission, it needs to enhance its governance and transparency practices to build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean Housing Development I Inc C/O Kimberly Veith Lcsw legitimate?
Ocean Housing Development I Inc C/O Kimberly Veith Lcsw is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Housing Development I Inc C/O Kimberly Veith Lcsw 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: $30,514
For more financial information, click here
What is the mission statement of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw?
Ocean Housing Development I Inc, as stated in its mission, is committed to providing affordable housing for individuals with disabilities. This mission is aimed at ensuring that people with disabilities have access to suitable living spaces, regardless of their financial circumstances. The organization's activities are focused on this goal, striving to make a positive impact on the lives of those in need. By providing low-income housing, Ocean Housing Development I Inc aims to contribute to a more inclusive and equitable society, where everyone has the opportunity to live with dignity and independence. The organization's mission does not specify the type or extent of disabilities it serves, but its focus on low-income housing for disabled individuals is clear.
Who is the CEO of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw?
Kimberly Veith Lcsw is the Trustee of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw. The CEO's salary of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw is $0 and their total compensation is $191,699.
What is the revenue of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw?
Ocean Housing Development I Inc C/O Kimberly Veith Lcsw's revenue in 2023 was $66,893.
Who are the executives of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw and what are their salaries?
Here are 15 key members and their salaries (Ocean Housing Development I Inc C/O Kimberly Veith Lcsw's CEO's salary is $0 and their total compensation is $191,699):
- Compensation: $0
- Related: $221,466
- Other: $6,774
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- Related: $154,899
- Other: $36,800
- Compensation: $0
- Related: $160,968
- Other: $25,813
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Where can I find the form 990 for Ocean Housing Development I Inc C/O Kimberly Veith Lcsw?
Ocean Housing Development I Inc C/O Kimberly Veith Lcsw's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw
Ocean Housing Development I Inc C/O Kimberly Veith Lcsw is an organization with a mission to provide low-income housing for disabled individuals. This mission is at the heart of their activities, aiming to create a living environment that is accessible and supportive for individuals who may face unique challenges due to their disabilities. By providing housing, Ocean Housing Development I Inc C/O Kimberly Veith Lcsw seeks to contribute to the overall well-being and independence of these individuals, enabling them to live with dignity and ease. The organization's mission is a testament to its commitment to social justice and equality, ensuring that everyone, regardless of their circumstances, has a place to call home.
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Impact
August, 2024
Ocean Housing Development I Inc, under the leadership of Kimberly Veith, LCSW, has a significant impact on the community by providing low-income housing to disabled individuals in Bayville, NJ. Their mission of ensuring that individuals with disabilities have access to safe and affordable housing directly addresses a critical need within the community. Through their work, Ocean Housing Development I Inc makes a profound difference in the lives of vulnerable individuals, offering stability and support in a crucial aspect of daily living. Their dedication to this cause positively impacts the well-being and quality of life of those they serve, making them a valuable asset to the community.
This information is meant to be a general summary of Ocean Housing Development I Inc C/O Kimberly Veith Lcsw. 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: $36
- Program Service Revenue: $66,857
- Gross Receipts: $66,893
Assets and Liabilities:
- Total Assets: $527,913
- Total Liabilities: $563,659
- Net Assets: -$35,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$66,857
Organization Details
Founding Year
2004
Phone
(732) 349-5550Principal Officer
Kimberly Veith Lcsw
Main Address
687 ROUTE 9, BAYVILLE, NJ, 08721
NTEE Category
Code: L21 - Housing
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