Overview
What is Oak Park Regional Housing Center Inc?
Oak Park Regional Housing Center Inc is a nonprofit organization situated in Oak Park, Illinois, specifically at 1041 South Boulevard. Their primary mission is to promote diversity in the local community and its surroundings. To accomplish this, they provide essential services in the real estate sector. They offer Home Buyer Education and Counseling, approved by HUD, to guide potential home buyers through the home buying process. Additionally, they provide apartment rental referrals to expand housing opportunities for individuals. With a team of 25 dedicated employees, the center aims to create meaningful and lasting diversity in their community.
Official website here: www.liveinoakpark.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Stars
Oak Park Regional Housing Center Inc received a low rating of 59%, indicating concerns regarding its governance and transparency practices. With a significant lack of independent board members and several missing policies, the organization has drawn attention for its accountability issues. Despite these challenges, the center demonstrates a strong commitment to its mission, reflected in a high program expense ratio of 87.04%, indicating effective allocation of resources towards its core activities.
The organization has received full marks for its financial statements audit and has no reported incidents of asset diversion, which points to a degree of financial integrity. However, the absence of essential policies such as conflict of interest and whistleblower protections raises red flags about its internal governance. Additionally, the lack of documentation for board meeting minutes and the failure to post its tax form on its website further detracts from its accountability.
Overall, while the Oak Park Regional Housing Center Inc appears to be dedicating a substantial portion of its resources to its programs, its governance structure and transparency practices are in need of significant improvement to enhance trust and credibility with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Oak Park Regional Housing Center Inc?
100% of 5 reviewers on Facebook recommend the Oak Park Regional Housing Center, Inc. Here’s a summary of their reviews:
Many individuals express high satisfaction with the organization's effectiveness in helping them secure housing swiftly. One reviewer noted a seamless transition into a new apartment just two days after visiting, highlighting the center's efficiency and support throughout the process.
Overall, the sentiment is overwhelmingly positive, with users appreciating the center's dedication to providing access to suitable housing. This nonprofit clearly delivers on its promises, making a significant impact in the community.
This AI summary has been generated from reviews found on Facebook.
Is Oak Park Regional Housing Center Inc legitimate?
Oak Park Regional Housing Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Park Regional Housing Center 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: $109,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $725,263
For more financial information, click here
Official website here: www.liveinoakpark.com
What is the mission statement of Oak Park Regional Housing Center Inc?
The Oak Park Regional Housing Center Inc's mission is centered around achieving meaningful and enduring diversity within various communities. Their primary goal is to promote and establish diversity across a broader scope, going beyond the boundaries of Oak Park. To accomplish this, they provide HUD-approved home buyer education and counseling, aiming to guide potential home buyers through the home buying process. Additionally, they offer apartment rental referrals to expand housing opportunities, contributing to a more diverse living environment.
Official website here: www.liveinoakpark.com
Who is the CEO of Oak Park Regional Housing Center Inc?
Athena Williams is the Executive Dir. of Oak Park Regional Housing Center Inc.
Official website here: www.liveinoakpark.com
What is the revenue of Oak Park Regional Housing Center Inc?
Oak Park Regional Housing Center Inc's revenue in 2022 was $1,555,815.
Official website here: www.liveinoakpark.com
Who are the executives of Oak Park Regional Housing Center Inc and what are their salaries?
The average compensation at Oak Park Regional Housing Center Inc during 2022 was $33,374. There are 25 employees at Oak Park Regional Housing Center Inc.
Here are 6 key members and their salaries:
- Compensation: $109,081
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.liveinoakpark.com
Where can I find the form 990 for Oak Park Regional Housing Center Inc?
Oak Park Regional Housing Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.liveinoakpark.com
Learn more at the official website: www.liveinoakpark.com
Mission Statement of Oak Park Regional Housing Center Inc
Oak Park Regional Housing Center Inc is committed to fostering significant and lasting diversity within Oak Park and its surrounding communities. Their mission is twofold: firstly, they aim to provide HUD-approved home buyer education and counseling, assisting potential homebuyers in navigating the home buying process. Secondly, they strive to expand housing opportunities by offering apartment rental referrals. The organization's ultimate goal is to contribute to a more diverse and inclusive community.
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Impact
October, 2024
Oak Park Regional Housing Center Inc has a significant impact on the community by promoting meaningful and lasting diversity in Oak Park and its surrounding areas. Through its efforts in housing education and counseling, the organization assists potential homebuyers in navigating the home buying process, ensuring they are well-informed and prepared to make decisions that suit their needs.
By providing expanded housing opportunities, including apartment rental referrals, the center plays a crucial role in connecting individuals and families to affordable housing options. This not only enhances the accessibility of housing but also fosters a more inclusive environment where diverse populations can thrive together. The organization’s commitment to diversity helps create a vibrant community that reflects a variety of backgrounds and experiences, ultimately enriching the local culture and social fabric.
This information is meant to be a general summary of Oak Park Regional Housing Center 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: -$2,100
- Program Service Revenue: $14,879
- Gross Receipts: $1,555,815
Assets and Liabilities:
- Total Assets: $1,589,362
- Total Liabilities: $959,676
- Net Assets: $629,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$14,879
Organization Details
Founding Year
1972
Phone
(708) 848-7150Principal Officer
Athena Williams
Main Address
1041 SOUTH BOULEVARD, OAK PARK, IL, 60302
Website
www.liveinoakpark.comNTEE Category
Code: L800 - Housing
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