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Otsar Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222319181 ✦ Oneonta, NY ✦ Designated as a 501(c)(3)

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Overview

What is Otsar Corp?

Otsar Corp is a nonprofit organization situated in Oneonta, New York. Its primary mission is to support individuals with developmental disabilities, specifically by providing facilities for NYSARC, Inc. Otsego County Chapter, a related exempt organization. This collaboration enables Otsar Corp to contribute to the wellbeing of those with developmental disabilities, enhancing their living conditions and overall quality of life. Additionally, Otsar Corp also provides vehicles to further aid in their services.


Official website here: www.arcotsego.org

What do the Facebook reviews say about Otsar Corp?

78% of reviewers on Facebook recommend Otsar Corp. Here is a summary of their reviews:

Many individuals express appreciation for the support and advocacy provided by the organization. One user highlighted their long-term experience, noting how the nonprofit has empowered their family member to actively engage in the community, showcasing the positive impact of Otsar Corp's services.

Overall, it seems that the nonprofit has made a meaningful difference in the lives of some individuals, with a focus on advocacy and support that resonates well with those who have utilized their services.


This AI summary has been generated from reviews found on Facebook.

Is Otsar Corp legitimate?

Otsar Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otsar Corp 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: $0

For more financial information, click here


Official website here: www.arcotsego.org

What is the mission statement of Otsar Corp?

Otsar Corp serves a mission of supporting individuals with developmental disabilities by offering facilities and vehicles to a related organization, NYSARC, Inc. Otsar Corp's primary activity involves providing residential accommodations for the members of NYSARC, Inc. Otsar Corp's mission is aligned with enhancing the lives of those with developmental disabilities by collaborating with organizations that share its commitment. The corporation's contributions enable NYSARC, Inc. to better serve and cater to the needs of individuals with developmental disabilities.


Official website here: www.arcotsego.org

What is the revenue of Otsar Corp?

Otsar Corp's revenue in 2023 was $197,319.


Official website here: www.arcotsego.org

Who are the executives of Otsar Corp and what are their salaries?

There 4 volunteers at Otsar Corp.

Here are 6 key members and their salaries:


Peter Lilja (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Bliss Lamb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Hogan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Brill (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Hansen (Vice President & Executive)
  • Compensation: $0
  • Related: $170,213
  • Other: $22,060
Adam Clouse (Cfo)
  • Compensation: $0
  • Related: $123,213
  • Other: $9,293


Official website here: www.arcotsego.org

Where can I find the form 990 for Otsar Corp?

Otsar Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.arcotsego.org

Learn more at the official website: www.arcotsego.org

Mission Statement of Otsar Corp

Otsar Corp, a nonprofit organization, is dedicated to serving individuals with developmental disabilities. It accomplishes this mission by providing facilities and vehicles to NYSARC, Inc. Otsar Corp is affiliated with the Otsego County Chapter of this related exempt organization. More specifically, Otsar Corp offers residential accommodations for the individuals under the care of NYSARC, Inc. Otsar Corp's mission is to support this group in providing essential services and care for those with developmental disabilities.

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Impact




October, 2024

Otsar Corp plays a crucial role in enhancing the lives of developmentally disabled persons in Oneonta, NY, by providing essential residential facilities and support structures through its partnership with NYSARC, Inc. Otsego County Chapter. This collaboration not only facilitates safe and comfortable living environments but also promotes independence and community integration for individuals with developmental disabilities.

By supplying these residences, Otsar Corp ensures that individuals receive the necessary care and services tailored to their unique needs. Furthermore, Otsar's commitment to equipping NYSARC with vehicles allows for greater mobility and access to various resources and community activities, fostering a more inclusive atmosphere. The impact of Otsar Corp extends beyond mere facilities; it contributes to the overall well-being and quality of life for those it serves, empowering them to thrive within their communities.




This information is meant to be a general summary of Otsar Corp. 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.

Revenue
$197,319 (2023)
Expenses
$155,802 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $197,319
  • Gross Receipts: $197,319

Assets and Liabilities:

  • Total Assets: $1,562,681
  • Total Liabilities: $754,916
  • Net Assets: $807,765

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$197,319

Organization Details

Founding Year

1979

Principal Officer

Todd Hansen

NTEE Category

Code: P82I - Human services

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