Overview
What is Simcha Inc?
Simcha Inc is a nonprofit organization situated in Pepper Pike, Ohio, with a specific focus on providing housing for eleven low-income individuals dealing with serious developmental disabilities. By offering this residential apartment, Simcha Inc enables these individuals to maintain their independence in the community and avoid being placed in more costly government-operated facilities. The organization's core mission revolves around ensuring that individuals with developmental disabilities have access to affordable housing, thereby enhancing their quality of life and enabling them to live with dignity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating. This rating indicates that Simcha Inc has significant areas needing improvement, particularly in accountability and financial practices. The organization scored well in aspects such as having a majority of independent board members and a solid program expense ratio, showing a commitment to their mission.
However, the nonprofit faces serious challenges reflected in its low score for financial health, particularly the high liabilities to assets ratio, which raises concerns about sustainability. Additionally, the absence of key policies such as conflict of interest, whistleblower protection, and document retention further detracts from its credibility and operational transparency.
Overall, while Simcha Inc demonstrates strengths in governance aspects, the lack of essential financial policies and high liabilities may hinder its effectiveness and trustworthiness. Stakeholders may want to approach with caution and consider these factors when evaluating support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Simcha Inc legitimate?
Simcha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simcha 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: $5,181
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,396
For more financial information, click here
What is the mission statement of Simcha Inc?
Simcha Inc, as an organization, is dedicated to providing housing solutions for low-income individuals with significant developmental disabilities. Their mission is to enable these individuals to continue living in the community, thereby avoiding the need for more costly government-operated facilities. By offering residential apartments, Simcha Inc plays a crucial role in maintaining the independence and dignity of these individuals, thereby enhancing their quality of life. Their commitment extends beyond just providing housing; it also involves ensuring that these individuals receive the necessary support to lead fulfilling lives.
Who is the CEO of Simcha Inc?
Barbara Cameron is the President of Simcha Inc.
What is the revenue of Simcha Inc?
Simcha Inc's revenue in 2022 was $121,697.
Who are the executives of Simcha Inc and what are their salaries?
There 13 volunteers at Simcha Inc.
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Where can I find the form 990 for Simcha Inc?
Simcha Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Simcha Inc
Simcha Inc, a nonprofit organization, is dedicated to providing housing for individuals with serious developmental disabilities who fall into the low-income category. By offering residential accommodations, Simcha Inc enables these individuals to continue living in the community, thereby preventing them from needing to reside in more costly government-operated facilities. This mission is crucial in ensuring that these individuals can maintain their quality of life while receiving the necessary support and care. The residence provided by Simcha Inc serves as a sanctuary, offering essential amenities such as food and clothing, ensuring that the residents have their basic needs met. Beyond housing, Simcha Inc also offers various support services to help its residents lead fulfilling lives, although the specifics of these services are not provided in the given information.
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Impact
October, 2024
Simcha Inc plays a crucial role in enhancing the quality of life for low-income developmentally disabled individuals in Pepper Pike, Ohio. By providing residential apartments for eleven individuals with serious developmental disabilities, Simcha Inc enables these residents to live independently within their community. This initiative not only fosters community integration but also prevents the need for these individuals to reside in costly government-operated facilities.
The organization’s commitment to affordable housing significantly impacts the lives of its residents by offering a stable and supportive living environment. This empowers individuals with developmental disabilities to maintain their autonomy and engage with their community instead of being isolated in institutional settings. Simcha Inc's efforts contribute to the broader goal of social inclusion, allowing residents to participate in community life while receiving the necessary support for their developmental needs.
This information is meant to be a general summary of Simcha 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: $2
- Program Service Revenue: $121,695
- Gross Receipts: $121,697
Assets and Liabilities:
- Total Assets: $881,281
- Total Liabilities: $1,140,539
- Net Assets: -$259,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$121,695
Organization Details
Founding Year
2006
Phone
(216) 504-2600Principal Officer
Barbara Cameron
Main Address
29125 Chagrin Blvd, Pepper Pike, OH, 44122
NTEE Category
Code: L21 - Housing
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