Overview
What is Cedrus Inc?
Cedrus Inc, located in Grants Pass, Oregon, operates under the name "The Cedars Apartments." This nonprofit organization is dedicated to providing supportive housing for individuals with disabilities. They leverage funding from the HUD 811 Capital Grant and HUD Project Rental Assistance Contract to serve their community effectively. The mission of Cedrus Inc is to create a comfortable living environment for those in need, ensuring they receive the necessary care and support.
Official website here: www.optionsonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Cedrus Inc has achieved an 82% score on Charity Navigator, signifying a strong performance in Accountability & Finance. This score reflects the organization’s dedication to transparency and sound financial practices, with a perfect score in several key areas such as independent board membership and material diversion of assets.
The nonprofit boasts a fully independent board comprising seven members, which strengthens governance and oversight. Additionally, Cedrus Inc has robust policies in place, including conflict of interest and whistleblower policies, all contributing to its high rating. The organization also maintains a commendable program expense ratio of 94.11%, indicating that a significant portion of its funds is directed toward its mission.
While the rating reflects a solid operational framework, the overall score is based solely on financial metrics, which may not fully capture the broader impact of the organization’s programs. Nonetheless, Cedrus Inc's commitment to accountability and transparency is evident, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cedrus Inc legitimate?
Cedrus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedrus 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: $24,179
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Official website here: www.optionsonline.org
What is the mission statement of Cedrus Inc?
Cedrus Inc is dedicated to providing supportive housing for individuals with disabilities. They utilize funding from the HUD 811 Capital Grant and HUD Project Rental Assistance Contract to serve their community, aiming to enhance the living conditions and quality of life for these individuals. The organization's primary focus is on leveraging these resources to offer a supportive environment that caters to the unique needs of people with disabilities.
Official website here: www.optionsonline.org
Who is the CEO of Cedrus Inc?
Randy Samuelson is the President of Cedrus Inc.
Official website here: www.optionsonline.org
What is the revenue of Cedrus Inc?
Cedrus Inc's revenue in 2022 was $96,211.
Official website here: www.optionsonline.org
Who are the executives of Cedrus Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.optionsonline.org
Where can I find the form 990 for Cedrus Inc?
Cedrus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.optionsonline.org
Learn more at the official website: www.optionsonline.org
Mission Statement of Cedrus Inc
Cedrus Inc, a nonprofit organization, is dedicated to providing supportive housing for individuals with disabilities. To accomplish this mission, the organization leverages funding from the HUD 811 Capital Grant and the HUD Project Rental Assistance Contract. By utilizing these resources, Cedrus Inc is able to serve its community and offer housing solutions tailored to the needs of people with disabilities.
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Impact
October, 2024
Cedrus Inc plays a crucial role in providing supportive housing for individuals with disabilities in Grants Pass, Oregon. By leveraging HUD 811 Capital Grants and HUD Project Rental Assistance Contracts, the organization enables access to safe and stable living environments tailored to the unique needs of this vulnerable population. This initiative not only enhances the quality of life for its residents but also fosters greater community integration and independence. Through its mission, Cedrus Inc addresses significant gaps in housing availability and affordability, ultimately promoting dignity and resilience among people with disabilities.
This information is meant to be a general summary of Cedrus 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: $19
- Program Service Revenue: $96,192
- Gross Receipts: $96,211
Assets and Liabilities:
- Total Assets: $1,681,755
- Total Liabilities: $2,106,913
- Net Assets: -$425,158
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$40,617
HUD Rental Assistance
Revenue
$55,575
Laundry & Other Program
Organization Details
Founding Year
2009
Principal Officer
Randy Samuelson
Main Address
1215 SW G Street, Grants Pass, OR, 97526
Website
www.optionsonline.orgNTEE Category
Code: L21 - Housing
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