Overview
What is Orchard View Elderly Housing Inc?
Orchard View Elderly Housing Inc is a nonprofit organization situated in Holyoke, Massachusetts, with a specific focus on supporting low-income elderly and disabled individuals. Their primary mission is to provide housing, aiming to enhance the living conditions and promote the well-being of these vulnerable populations. The organization operates with a dedication to providing affordable housing options, contributing positively to the community and ensuring the welfare of elderly and handicapped individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Orchard View Elderly Housing Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in accountability and finance. The rating is based on a single beacon score and indicates that the organization demonstrates good management practices, particularly with its independent board, which comprises 100% independent members. The charity scored well in various financial oversight categories, including the presence of an audit committee and conflict of interest policies.
One of the organization's notable strengths is its high program expense ratio of 81.64%, showing that a significant portion of its funds is directed toward its mission-related activities. Additionally, Orchard View maintains comprehensive governance policies, earning full marks for whistleblower and document retention policies. These factors contribute to a perception of transparency and reliability among stakeholders.
However, the organization does face a challenge with its liabilities-to-assets ratio, which is notably high at 152.85%. This figure suggests that Orchard View may have more liabilities than assets, a factor that could raise concerns about its financial stability in the long term. Overall, while the charity demonstrates effective governance practices, potential donors and stakeholders may want to consider its financial health as part of their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Orchard View Elderly Housing Inc legitimate?
Orchard View Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orchard View Elderly Housing 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: $0
For more financial information, click here
What is the mission statement of Orchard View Elderly Housing Inc?
Orchard View Elderly Housing Inc is committed to providing housing for individuals who are elderly and have disabilities, falling under the low-income bracket. Their mission extends beyond just providing housing; they also aim to promote the well-being of these individuals. This organization works towards enhancing the living conditions and overall welfare of the elderly and handicapped persons, ensuring they live with dignity and comfort.
Who is the CEO of Orchard View Elderly Housing Inc?
Gordon Pilgrim is the President/Treasurer of Orchard View Elderly Housing Inc.
What is the revenue of Orchard View Elderly Housing Inc?
Orchard View Elderly Housing Inc's revenue in 2022 was $522,286.
Who are the executives of Orchard View Elderly Housing Inc and what are their salaries?
There 4 volunteers at Orchard View Elderly Housing Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Orchard View Elderly Housing Inc?
Orchard View Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Orchard View Elderly Housing Inc
Orchard View Elderly Housing Inc is dedicated to providing affordable housing for elderly and handicapped individuals who are in need. This nonprofit organization's mission is to promote the welfare of elderly and handicapped persons by offering them a place to call home. By doing so, Orchard View Elderly Housing Inc aims to contribute to their overall well-being and quality of life. They believe that everyone deserves a safe and comfortable living space, regardless of their financial situation or physical abilities. The organization's mission is to ensure that elderly and handicapped individuals have access to affordable housing, which is a fundamental need for maintaining their dignity and independence. Orchard View Elderly Housing Inc is committed to making a positive impact on the lives of those they serve, providing them with a stable and secure living environment.
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Impact
July, 2024
Orchard View Elderly Housing Inc's impact lies in providing essential housing support to low-income elderly and handicapped individuals in Holyoke, MA. By offering a place to live to those in need, this organization directly improves the quality of life for these vulnerable populations. Additionally, Orchard View Elderly Housing works to promote the overall welfare and well-being of elderly and handicapped individuals, highlighting its commitment to fostering a supportive community for these individuals. Through its focused mission of providing housing and support services, Orchard View Elderly Housing Inc plays a crucial role in addressing the housing needs of those who are often marginalized and underserved.
This information is meant to be a general summary of Orchard View Elderly Housing 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: $687
- Program Service Revenue: $517,434
- Gross Receipts: $522,286
Assets and Liabilities:
- Total Assets: $1,705,684
- Total Liabilities: $2,556,504
- Net Assets: -$850,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$517,434
Organization Details
Founding Year
1985
Phone
(413) 536-8048Principal Officer
Gordon Pilgrim
Main Address
APPLETON CORP 800 KELLY WAY 200, HOLYOKE, MA, 01040
NTEE Category
Code: L22 - Housing
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