Overview
What is The Home Ownership Center Of Greater Cincinnati Inc?
The Home Ownership Center of Greater Cincinnati Inc is a nonprofit organization with a mission to enhance and revitalize deteriorating neighborhoods in Hamilton County, Ohio, since its establishment in 1973. They provide pre-purchase, purchase, and post-purchase counseling and training to facilitate homeownership. Their services reached 375 individuals, offering one-on-one financial fitness counseling. The organization, a member of the Neighbor Works Network, is committed to strengthening communities through comprehensive economic and homeownership strategies. Based in Cincinnati, Ohio, their US address is 2820 Vernon Place. The Home Ownership Center of Greater Cincinnati Inc employs a team of 7 dedicated individuals.
Official website here: www.hometoday.cc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Home Ownership Center Of Greater Cincinnati Inc has achieved a high rating of 92%, reflecting a strong commitment to accountability and financial transparency. This rating is based entirely on their Accountability & Finance score, which underscores their effective management and dedication to maintaining high standards in governance.
The organization excels in several areas, such as having a fully independent board and strong financial oversight practices, receiving full points for their audit and oversight committee. Other strengths include a well-documented conflict of interest policy and a whistleblower policy, both of which contribute to their overall accountability.
One area where the organization could improve is the liabilities to assets ratio, which stands at 54.97%. While they still received a substantial score in this category, enhancing their financial stability could further bolster their operations. Overall, the Home Ownership Center demonstrates a solid framework for responsible management and effective use of funds in support of their mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Home Ownership Center Of Greater Cincinnati Inc legitimate?
The Home Ownership Center Of Greater Cincinnati Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Home Ownership Center Of Greater Cincinnati 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: $138,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,663
For more financial information, click here
Official website here: www.hometoday.cc
What is the mission statement of The Home Ownership Center Of Greater Cincinnati Inc?
The Home Ownership Center of Greater Cincinnati Inc, a non-profit organization established in 1973, has a mission to strengthen communities. They achieve this by implementing comprehensive economic and home ownership strategies. This non-profit organization, a part of the Neighbor Works Network, focuses on rehabilitating and improving declining areas and deteriorating neighborhoods, primarily in Hamilton County, Ohio. They offer pre-purchase, purchase, and post-purchase counseling and training to facilitate homeownership. Their home buyer training and one-on-one financial fitness counseling served over 375 individuals.
Official website here: www.hometoday.cc
Who is the CEO of The Home Ownership Center Of Greater Cincinnati Inc?
David Cors is the Chairperson of The Home Ownership Center Of Greater Cincinnati Inc. The CEO's salary of The Home Ownership Center Of Greater Cincinnati Inc is $134,436 and their total compensation is $138,647.
Official website here: www.hometoday.cc
What is the revenue of The Home Ownership Center Of Greater Cincinnati Inc?
The Home Ownership Center Of Greater Cincinnati Inc's revenue in 2022 was $653,095.
Official website here: www.hometoday.cc
Who are the executives of The Home Ownership Center Of Greater Cincinnati Inc and what are their salaries?
The average compensation at The Home Ownership Center Of Greater Cincinnati Inc during 2022 was $57,901. There are 7 employees at The Home Ownership Center Of Greater Cincinnati Inc.
Here are 8 key members and their salaries (The Home Ownership Center Of Greater Cincinnati Inc's CEO's salary is $134,436 and their total compensation is $138,647):
- Compensation: $134,436
- Related: $0
- Other: $4,211
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hometoday.cc
Where can I find the form 990 for The Home Ownership Center Of Greater Cincinnati Inc?
The Home Ownership Center Of Greater Cincinnati Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hometoday.cc
Learn more at the official website: www.hometoday.cc
Mission Statement of The Home Ownership Center Of Greater Cincinnati Inc
The Home Ownership Center of Greater Cincinnati Inc, established in 1973, is a distinguished non-profit organization that has committed itself to strengthening communities in a comprehensive manner. Their mission is centered around implementing economic and home ownership strategies. By doing so, this esteemed organization aims to enhance the well-being of communities at large.
More specifically, The Home Ownership Center of Greater Cincinnati Inc focuses on rehabilitating and improving declining areas and deteriorating neighborhoods within Hamilton County, Ohio. They achieve this through pre-purchase, purchase, and post-purchase counseling and training. This holistic approach ensures that potential homeowners are well-equipped with the necessary knowledge and skills to navigate the homeownership process, ultimately contributing to the betterment of their communities.
In addition to their counseling services, The Home Ownership Center of Greater Cincinnati Inc has extended its reach to over 375 individuals through their home buyer training and financial fitness one-on-one counseling. This personalized assistance is instrumental in empowering individuals to make informed decisions about homeownership and financial planning, thereby fostering economic stability in their communities.
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Impact
July, 2024
The Home Ownership Center Of Greater Cincinnati Inc's impact is significant in strengthening communities through comprehensive economic and homeownership strategies. By facilitating the rehabilitation and improvement of declining areas and deteriorating neighborhoods within Hamilton County, Ohio, this organization plays a crucial role in revitalizing communities and providing support for residents. Their provision of pre-purchase, purchase, and post-purchase counseling and training, as well as home buyer training and financial fitness one-on-one counseling, has positively impacted 375 individuals. Through these efforts, The Home Ownership Center Of Greater Cincinnati Inc contributes to the overall welfare and stability of the Cincinnati metro area.
This information is meant to be a general summary of The Home Ownership Center Of Greater Cincinnati 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: $15,813
- Program Service Revenue: $16,733
- Gross Receipts: $655,373
Assets and Liabilities:
- Total Assets: $2,143,818
- Total Liabilities: $1,178,657
- Net Assets: $965,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES FEES
Revenue
$5,228
MISCELLANEOUS
Revenue
$11,505
Organization Details
Founding Year
1972
Phone
(513) 961-2800Principal Officer
David Cors
Main Address
2820 VERNON PLACE, CINCINNATI, OH, 45219
Website
www.hometoday.ccNTEE Category
Code: L250 - Housing
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