Overview
What is Ott's Branch Elderly Housing Inc?
Ott's Branch Elderly Housing Inc, established in compliance with South Carolina's not-for-profit statutes, is a dedicated organization aimed at providing housing solutions for low-income elderly residents. Situated in Branchville, South Carolina, the corporation operates a 10-unit community named Ott's Branch Elderly Housing, in line with Section 202 of the National Housing Act. Their mission is to offer a secure living environment for the elderly population, adhering to the principles of the act. This nonprofit corporation strives to contribute positively to the lives of its residents by offering affordable and suitable housing options.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Ott's Branch Elderly Housing Inc has received an exceptional rating of 94%, reflecting strong accountability and financial health. This score is based entirely on their Accountability & Finance metrics, indicating a well-managed organization with a commitment to transparency and effective use of resources. The charity has achieved full marks in various categories, such as having a majority of independent board members and no reported material diversion of assets.
The organization's financial efficiency is notable, with a program expense ratio of 74.15%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. The charity also adheres to strict governance policies, including a whistleblower policy and a conflict of interest policy, which contributes to its high accountability score.
While the ratings highlight many strengths, there are no specific limitations noted in the data provided. Overall, Ott's Branch Elderly Housing Inc stands out as a reliable nonprofit committed to its mission and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Ott's Branch Elderly Housing Inc legitimate?
Ott's Branch Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ott's Branch 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:
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What is the mission statement of Ott's Branch Elderly Housing Inc?
Ott's Branch Elderly Housing Inc. is a not-for-profit organization established in accordance with South Carolina's not-for-profit statutes. Its primary objective is to operate a 10-unit housing community, named Ott's Branch Elderly Housing, designed to provide affordable housing for low-income elderly individuals. This is in line with Section 202 of the National Housing Act, which the organization adheres to. The organization's mission is centered around providing housing solutions for this vulnerable group, thereby enhancing their quality of life.
Who is the CEO of Ott's Branch Elderly Housing Inc?
Donnie Hilliard is the President of Ott's Branch Elderly Housing Inc.
What is the revenue of Ott's Branch Elderly Housing Inc?
Ott's Branch Elderly Housing Inc's revenue in 2022 was $78,731.
Who are the executives of Ott's Branch Elderly Housing Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Ott's Branch Elderly Housing Inc?
Ott's Branch Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ott's Branch Elderly Housing Inc
Ott's Branch Elderly Housing Inc, a South Carolina-based not-for-profit corporation, was established with a mission to provide housing for low-income elderly individuals. In line with Section 202 of the National Housing Act, the organization operates a 10-unit community known as Ott's Branch Elderly Housing. This housing complex serves as a sanctuary for elderly individuals who require assistance with their living arrangements. By adhering to its mission, Ott's Branch Elderly Housing Inc plays a significant role in supporting the elderly population, ensuring they have access to safe and affordable housing.
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Impact
August, 2024
Ott's Branch Elderly Housing Inc impacts the community by providing essential housing services to low-income elderly individuals in Branchville, South Carolina. By operating a 10-unit housing community, Ott's Branch Elderly Housing ensures that elderly residents have a safe and affordable place to call home. This organization plays a crucial role in supporting the wellbeing and quality of life of elderly individuals who may not have access to adequate housing options otherwise. The impact of Ott's Branch Elderly Housing extends beyond providing shelter, as it also fosters a sense of community and support among its residents.
This information is meant to be a general summary of Ott's Branch 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: $48
- Program Service Revenue: $21,945
- Gross Receipts: $78,731
Assets and Liabilities:
- Total Assets: $978,792
- Total Liabilities: $8,009
- Net Assets: $970,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$21,945
Organization Details
Founding Year
2009
Phone
(803) 536-1056Principal Officer
Donnie Hilliard
Main Address
401 HARBISON BOULEVARD 3A, COLUMBIA, SC, 29212
NTEE Category
Code: L22 - Housing
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