Overview
What is 405 Oak Street Center Inc?
405 Oak Street Center Inc, based in Cincinnati, Ohio, is a non-profit organization primarily dedicated to supporting Alcoholics Anonymous activities. They offer meeting rooms for approximately 55 weekly meetings, creating a space for individuals seeking help with alcohol addiction. Beyond the meetings, they also provide social areas and host special events such as dances and picnics, fostering a sense of community and camaraderie among attendees. Additionally, they offer spaces for various gatherings, further contributing to the organization's mission of offering support and resources. With a workforce of 8, the Center plays a significant role in aiding those struggling with alcoholism in the Cincinnati area.
What are the reviews and ratings of this charity?
Charity Navigator Rating 74% - Two-Star out of Four Star Rating
405 Oak Street Center Inc holds a Two-Star rating from Charity Navigator, reflecting a solid but not outstanding performance in terms of accountability and finance. The organization benefits from a fully independent board and demonstrates strong governance practices, such as a documented conflict of interest policy and compliance with whistleblower protections. Additionally, they have shown no diversion of assets, indicating reliable financial management.
However, the organization's Program Expense Ratio of 59.37% suggests that a significant portion of its budget may not be directed towards its programs, which can be a concern for potential donors. Although their accountability measures are robust, the lower program expense ratio may indicate inefficiencies in funding allocation. Overall, while the charity demonstrates strong ethical practices and governance, there is room for improvement in maximizing program impact.
This AI summary has been generated from information found on Charity Navigator.
Is 405 Oak Street Center Inc legitimate?
405 Oak Street Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 405 Oak Street 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,430
For more financial information, click here
What is the mission statement of 405 Oak Street Center Inc?
The 405 Oak Street Center Inc serves as a supportive hub for individuals seeking recovery from alcohol addiction. It provides a platform for weekly Alcoholics Anonymous meetings, offering not just the necessary space for discussions, but also social areas and special events to foster a sense of community and camaraderie. These events, such as dances and picnics, aim to provide a safe and engaging environment for those in recovery.
Who is the CEO of 405 Oak Street Center Inc?
Adam Dawson is the Board of 405 Oak Street Center Inc.
What is the revenue of 405 Oak Street Center Inc?
405 Oak Street Center Inc's revenue in 2022 was $203,630.
Who are the executives of 405 Oak Street Center Inc and what are their salaries?
The average compensation at 405 Oak Street Center Inc during 2022 was $5,179. There are 8 employees and 5 volunteers at 405 Oak Street Center Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for 405 Oak Street Center Inc?
405 Oak Street Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 405 Oak Street Center Inc
The 405 Oak Street Center Inc is dedicated to supporting the recovery of individuals struggling with alcohol addiction. This nonprofit organization provides a conducive environment by offering meeting rooms for approximately 55 Alcoholics Anonymous meetings each week. Furthermore, the Center extends its support by offering social areas and organizing special events such as dances and picnics. These initiatives aim to foster a sense of community and camaraderie among those in recovery, thereby aiding in their journey towards sobriety.
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Impact
June, 2024
405 Oak Street Center Inc's impact is significant in supporting Alcoholics Anonymous activities by providing meeting rooms for approximately 55 meetings per week as well as social areas and special events. By offering these essential spaces, the organization plays a crucial role in facilitating the recovery and support of individuals struggling with alcohol addiction in Cincinnati, Ohio. Their dedication to providing a welcoming environment for these meetings contributes to the mental health and well-being of those seeking help and support in their journey towards sobriety.
This information is meant to be a general summary of 405 Oak Street 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: -$247
- Program Service Revenue: $1,759
- Gross Receipts: $256,682
Assets and Liabilities:
- Total Assets: $220,211
- Total Liabilities: $4,334
- Net Assets: $215,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Center Activities
Revenue
$1,759
Organization Details
Founding Year
1945
Phone
(513) 861-3500Principal Officer
Adam Dawson
Main Address
405 Oak Street, Cincinnati, OH, 45219
NTEE Category
Code: F20 - Mental health
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