Overview
What is Our Community Inc?
Our Community Inc is a nonprofit corporation situated in Dothan, Alabama. Its primary objective is to establish, maintain, and manage affordable and low-income housing, as well as moderate-income housing, within the area. The charges for these services are based on a nonprofit model, ensuring the provision, maintenance, and operation are cost-effective for the residents. Beyond housing, the organization also aims to provide community and social services to its residents. In addition, Our Community Inc engages in property development and redevelopment activities to further its mission of promoting affordable housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Our Community Inc has received a two-star rating from Charity Navigator, with an overall score of 67%. The charity demonstrates some strengths, particularly in its governance, as it has a fully independent board and maintains appropriate board meeting documentation. Additionally, it shows a solid program expense ratio of nearly 77%, indicating that a significant portion of its funds is directed towards its programs.
However, the organization faces several notable challenges regarding transparency and accountability. Key policies such as conflict of interest, whistleblower, and document retention are missing, which detracts from its overall score in accountability and finance. Furthermore, the absence of financial statements and a listed website on its tax form raises concerns about the organization's commitment to open reporting practices.
Overall, while Our Community Inc has strengths in its governance structure and program spending, it must address significant gaps in its financial transparency and policy framework to improve its standing and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Our Community Inc legitimate?
Our Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Community 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: $1,384,786
For more financial information, click here
What is the mission statement of Our Community Inc?
Our Community Inc is a corporation with a mission to create, manage, and operate affordable and low-income housing in various income categories. The organization operates on a non-profit basis, with service charges based on the provision, maintenance, and operation of the housing. Beyond housing, Our Community Inc also provides community and social services to the residents of these affordable housing units. The corporation engages in property purchase, construction, and redevelopment activities to further its mission of promoting affordable housing.
Who is the CEO of Our Community Inc?
Samuel Crawford is the President of Our Community Inc.
What is the revenue of Our Community Inc?
Our Community Inc's revenue in 2022 was $2,769,626.
Who are the executives of Our Community Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $145,926
- Other: $167
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Our Community Inc?
Our Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Our Community Inc
Our Community Inc, as a corporation, is empowered to undertake various initiatives in its mission. It has the authority to establish, manage, and operate affordable and low-income housing, as well as moderate-income housing, primarily targeting the Dothan, Alabama area. The pricing for these services is based on the non-profit provision, maintenance, and operation of the properties. Beyond housing, Our Community Inc also extends its services to provide community and social support for the residents living in these affordable housing units.
Furthermore, Our Community Inc is engaged in property acquisition and development activities that align with its mission of promoting affordable and low-income housing. This includes purchasing, building, and redeveloping properties to cater to this purpose. The organization also works towards fostering a sense of community and social support within these housing units, aiming to improve the living conditions and well-being of its residents.
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Impact
October, 2024
Our Community Inc significantly enhances the quality of life in Dothan, Alabama, by addressing the critical need for affordable housing. By developing, constructing, and managing low-income and moderate-income housing, it provides essential living spaces for individuals and families who might otherwise struggle to find suitable shelter.
In addition to building housing, the organization fosters a supportive environment by offering community and social services to residents, ensuring they have the resources they need to thrive. Through its initiatives, Our Community Inc actively contributes to the revitalization of neighborhoods, aiming to improve not just housing options but also the overall community well-being.
By purchasing, acquiring, and redeveloping properties, it promotes sustainable development that meets the needs of low-income residents, ultimately helping to create a more inclusive community. The focus on nonprofit operations ensures that the benefits are directed back into the community, enhancing accessibility to safe and affordable housing for all.
This information is meant to be a general summary of Our Community 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: $65,614
- Program Service Revenue: $2,704,012
- Gross Receipts: $2,769,626
Assets and Liabilities:
- Total Assets: $14,026,869
- Total Liabilities: $228,079
- Net Assets: $13,798,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL REVENUE
Revenue
$2,413,398
OTHER MISC PROGRAM SVC REVENUE
Revenue
$50,153
PROPERTY MANAGEMENT FEE REVENUE
Revenue
$240,461
Organization Details
Founding Year
2009
Phone
(334) 466-3296Principal Officer
Samuel Crawford
Main Address
1001 MONTANA STREET, DOTHAN, AL, 36303
NTEE Category
Code: L81 - Housing
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