Overview
What is Olf Senior Housing Inc?
Olf Senior Housing Inc is a nonprofit organization situated in Timonium, Maryland, specifically at 2300B Dulaney Valley Road. They are committed to offering affordable and supportive living spaces for senior adults. Their mission is to foster a sense of purpose, wellness, and harmony among their residents and staff, aligning with the broader objectives of their affiliated organization, Associated Catholic Charities, Inc. (ACC), which aims to improve the lives of individuals in need based on Gospel principles.
Official website here: www.cc-md.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating). This rating reflects a strong performance in the area of Accountability & Finance, indicating that Olf Senior Housing Inc is managing its resources effectively and transparently. The organization has achieved an impressive 90.24% program expense ratio, showing that a significant portion of its budget directly supports its mission.
The nonprofit boasts a commendable level of governance with 66% of its board members being independent. This independence contributes to good oversight and decision-making practices within the organization. Additionally, Olf Senior Housing Inc has received full marks in several key areas, including its conflict of interest and whistleblower policies, which enhances its operational integrity.
While the overall rating is positive, it is important to keep in mind that this score is solely based on the Accountability & Finance beacon. Potential supporters may want to consider additional factors such as program outcomes and community impact before making a decision to engage with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Olf Senior Housing Inc legitimate?
Olf Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olf Senior 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: $163,452
For more financial information, click here
Official website here: www.cc-md.org
What is the mission statement of Olf Senior Housing Inc?
Olf Senior Housing Inc's mission is centered around providing affordable, supportive living environments for older adults. The organization strives to foster a sense of purpose, wellness, and harmony among its residents and staff. This mission aligns with its affiliation with Associated Catholic Charities, Inc., whose overarching goal is to improve the lives of those in need, inspired by Gospel principles of love, service, and teaching.
Official website here: www.cc-md.org
Who is the CEO of Olf Senior Housing Inc?
William J Mccarthy Jr is the Secretary of Olf Senior Housing Inc.
Official website here: www.cc-md.org
What is the revenue of Olf Senior Housing Inc?
Olf Senior Housing Inc's revenue in 2022 was $474,106.
Official website here: www.cc-md.org
Who are the executives of Olf Senior Housing Inc and what are their salaries?
Here are 17 key members and their salaries:
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- Related: $429,647
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- Other: $7,955
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Official website here: www.cc-md.org
Where can I find the form 990 for Olf Senior Housing Inc?
Olf Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cc-md.org
Learn more at the official website: www.cc-md.org
Mission Statement of Olf Senior Housing Inc
Olf Senior Housing Inc, an organization affiliated with Associated Catholic Charities, Inc., is dedicated to providing affordable and supportive living communities for older adults. Their mission is rooted in fostering a sense of purpose, wellness, and harmony among both residents and staff members. By nurturing these qualities, Olf Senior Housing Inc aims to create an environment that promotes overall well-being and unity. This mission is inspired by the Gospel mandates of love, service, and teaching, as upheld by Associated Catholic Charities, Inc., which is committed to improving the lives of Marylanders in need.
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Impact
July, 2024
Olf Senior Housing Inc's impact is evident in the provision of affordable and supportive communities for older adults, fostering a sense of purpose, wellness, and harmony among residents and colleagues. Through its commitment to this mission, the organization contributes to enhancing the quality of life for older adults in the community, promoting social connectedness, and addressing the housing needs of this demographic. Additionally, being affiliated with Associated Catholic Charities, Inc., Olf Senior Housing Inc aligns its efforts with the overarching mission of providing care and services to improve the lives of Marylanders in need, extending its impact beyond just housing to encompass a holistic approach to supporting individuals in their later years.
This information is meant to be a general summary of Olf Senior 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: -$1,853
- Program Service Revenue: $151,515
- Gross Receipts: $476,387
Assets and Liabilities:
- Total Assets: $4,863,479
- Total Liabilities: $6,718,470
- Net Assets: -$1,854,991
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$148,919
Other Related Income
Revenue
$2,596
Organization Details
Founding Year
2008
Phone
(667) 600-3216Principal Officer
William J Mccarthy Jr
Main Address
2300B Dulaney Valley Road, Timomium, MD, 21093
Website
www.cc-md.orgNTEE Category
Code: L22 - Housing
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