Overview
What is Olneyville Housing Corporation?
Olneyville Housing Corporation, operating under the name One Neighborhood Builders (ONE/NB), is a community development organization based in Providence, Rhode Island. Established in 1988, their primary mission is to promote equity, public health, and community safety. They achieve this by strategically developing affordable homes within the Greater-Providence region, thereby increasing housing opportunities for low and moderate-income individuals. This initiative not only increases the availability of affordable housing but also spurs economic development and protects natural resources. The organization engages with Providence residents and community-based organizations to foster trust and collaborative problem-solving. ONE/NB also focuses on developing individuals' financial capabilities, enabling them to achieve their personal asset-building goals. To date, they have completed over 11 low-income housing tax credit projects, totaling over $135 million in investment, resulting in the development of nearly 600 affordable homes. The organization currently owns and manages 429 apartments, providing high-quality, affordable housing for Rhode Island families, including those who have experienced homelessness. With a workforce of 41 employees, ONE/NB continues to strive towards its mission of enhancing the lives and living conditions of the community.
Official website here: www.olneyville.org
Is Olneyville Housing Corporation legitimate?
Olneyville Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olneyville Housing Corporation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $265,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,759,534
For more financial information, click here
What is the mission statement of Olneyville Housing Corporation?
Olneyville Housing Corporation, as a community development organization, strives to promote equity, public health, and community safety. They achieve this mission by engaging in strategic real estate development within the greater-Providence region. This includes increasing the availability of affordable homes, fostering economic development, and protecting natural resources. Moreover, they build trust with Providence residents and community-based organizations, encouraging collective problem-solving. Additionally, Olneyville Housing Corporation focuses on developing individuals' financial capabilities, enabling them to achieve their personal asset-building goals.
Official website here: www.olneyville.org
Who is the CEO of Olneyville Housing Corporation?
Jennifer Hawkins is the Director (Outgoing) of Olneyville Housing Corporation.
Official website here: www.olneyville.org
What is the revenue of Olneyville Housing Corporation?
Olneyville Housing Corporation's revenue in 2022 was $9,198,891.
Official website here: www.olneyville.org
Who are the executives of Olneyville Housing Corporation and what are their salaries?
The average compensation at Olneyville Housing Corporation during 2022 was $49,394. There are 41 employees and 10 volunteers at Olneyville Housing Corporation.
Here are 15 key members and their salaries:
- Jennifer Hawkins (Executive Director)
- Robert Ebersole (Director Of Finance)
- Milton Baxter (Director Of Real Estate)
- Althea Graves (Director (Outgoing))
- Domenic F Delmonico (Treasurer) [Trustee/Director]
- Elizabeth Howlett (Director)
- Elizabeth Roberts (Director (Outgoing))
- Evelyn Ranone (Director)
- Jordan Durham (Director)
- Kevin Essington (Director)
- Lorraine Lalli (Vice-Chair) [Trustee/Director]
- Robert Mcmahon (Director)
- Rochelle Lee (Secretary) [Trustee/Director]
- Veronica Martinez (Director)
- Xander Marro (Chair) [Trustee/Director]
Official website here: www.olneyville.org
Where can I find the form 990 for Olneyville Housing Corporation?
The Olneyville Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.olneyville.org
Learn more at the official website: www.olneyville.org
Mission Statement of Olneyville Housing Corporation
Olneyville Housing Corporation, a community development organization, is committed to promoting equity, public health, and community safety. They achieve this mission through several strategies. Firstly, they engage in strategic real estate development within the greater-Providence region. This initiative aims to increase the availability of affordable homes, stimulate economic development, and protect the area's natural resources.
Secondly, Olneyville Housing Corporation builds trust and collective problem-solving within the Providence community by engaging local residents and community-based organizations. This approach encourages collaboration and fosters a sense of unity among the people they serve.
Lastly, Olneyville Housing Corporation focuses on developing the financial capabilities of individuals. By helping them realize their personal asset-building goals, the organization empowers its community members to improve their financial situations and, in turn, their lives. In essence, Olneyville Housing Corporation is dedicated to fostering a more equitable, healthy, and safe community through its strategic real estate development, community engagement, and financial capability development initiatives.
Impact
This information is meant to be a general summary of Olneyville Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Olneyville Housing Corporation has made a significant impact by providing housing opportunities for low and moderate-income individuals in Providence, Rhode Island. Through their real estate development and asset management efforts, they have developed almost 600 affordable homes in historically-disinvested neighborhoods since 1988. Currently, the organization owns and manages 429 apartments, offering high-quality and affordable housing for Rhode Island families, including those who have experienced homelessness.
Additionally, Olneyville Housing Corporation has completed 11 low-income housing tax credit projects, totaling over $135 million of investment in the community. Their mission, carried out by One Neighborhood Builders, focuses on promoting equity, public health, and community safety through strategic real estate development to increase the availability of affordable homes, spur economic development, and protect natural resources. The organization also engages Providence residents and community-based organizations to build trust and collective problem-solving while developing individuals' financial capabilities to help them achieve their personal asset-building goals.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEES
Revenue
$722,291
RENTAL INCOME
Revenue
$657,690
SERVICE FEES
Revenue
$217,782
INTEREST INCOME - N/R
Revenue
$85,964
Organization Details
Founding Year
1988
Phone
(401) 351-8719
Principal Officer
Jennifer Hawkins
Main Address
66 CHAFFEE STREET, PROVIDENCE, RI, 02909
Website
www.olneyville.org
NTEE Category
Code: L20Z - Housing
If you are a representative of Olneyville Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.