Overview
What is Independent Living Options Inc?
Independent Living Options Inc, based in Cincinnati, Ohio, is a nonprofit organization that is committed to empowering individuals with disabilities to live independently in their communities. With approximately 443 consumers served in the Greater Cincinnati and Northern Kentucky area, they offer information, referral, advocacy, and counseling services. Their mission is to support individuals with disabilities, enabling them to lead self-sufficient lives. The organization provides these services through a self-help program, operating with a team of 17 dedicated employees.
Official website here: www.cilo.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Independent Living Options Inc has achieved an exceptional Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored perfectly across various metrics, indicating a high level of transparency and governance. The presence of an entirely independent board and robust financial oversight mechanisms contributes to its stellar reputation.
The organization demonstrates fiscal responsibility with a program expense ratio of 96.33%, suggesting that the vast majority of its resources are directed towards fulfilling its mission rather than administrative costs. Additionally, there are no reported issues with asset diversion, reinforcing confidence in its financial integrity.
However, while the financial ratings are exemplary, user feedback on the impact of the services provided and community outreach could provide a more rounded perspective on the organization's performance. Overall, Independent Living Options Inc stands out as a well-managed nonprofit committed to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Living Options Inc legitimate?
Independent Living Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Living Options 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: $85,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,598
For more financial information, click here
Official website here: www.cilo.net
What is the mission statement of Independent Living Options Inc?
Independent Living Options Inc is dedicated to empowering individuals with disabilities to live independently in their communities. Their mission involves providing essential resources such as information, referrals, advocacy, and counseling to approximately 443 individuals with disabilities in the greater Cincinnati and Northern Kentucky area. The organization's goal is to enable these individuals to lead independent lives, fostering their independence and self-sufficiency. They strive to create an environment where individuals with disabilities can access the support they need to navigate their daily lives effectively.
Official website here: www.cilo.net
Who is the CEO of Independent Living Options Inc?
Rob Festenstein is the President of Independent Living Options Inc.
Official website here: www.cilo.net
What is the revenue of Independent Living Options Inc?
Independent Living Options Inc's revenue in 2023 was $1,980,597.
Official website here: www.cilo.net
Who are the executives of Independent Living Options Inc and what are their salaries?
The average compensation at Independent Living Options Inc during 2023 was $36,842. There are 17 employees and 15 volunteers at Independent Living Options Inc.
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- Compensation: $85,722
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- Other: $18,925
Official website here: www.cilo.net
Where can I find the form 990 for Independent Living Options Inc?
Independent Living Options Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cilo.net
Learn more at the official website: www.cilo.net
Mission Statement of Independent Living Options Inc
Independent Living Options Inc, a nonprofit organization, is committed to empowering individuals with disabilities to live independently in their communities. Their mission is centered around providing resources and support to enable these individuals to lead self-sufficient lives. Through their self-help program, they offer information, referral, advocacy, and counseling services to approximately 443 consumers with disabilities residing in the Greater Cincinnati and Northern Kentucky area. This mission is essential in fostering an inclusive community where individuals with disabilities have the same opportunities as their able-bodied counterparts to live independently and participate fully in society.
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Impact
October, 2024
Independent Living Options Inc significantly impacts the community by empowering individuals with disabilities to lead independent lives. Through its self-help programs, the organization provides essential information, referral services, advocacy, and counseling to approximately 443 consumers in the greater Cincinnati and Northern Kentucky area. By focusing on the empowerment of people with disabilities, it enhances their ability to navigate daily challenges, access necessary resources, and participate fully in their communities. This commitment to advocacy and support fosters a more inclusive environment, enabling individuals to achieve personal goals and improve overall quality of life.
This information is meant to be a general summary of Independent Living Options 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 2023.
- Investment Income: -$218,493
- Gross Receipts: $2,638,481
Assets and Liabilities:
- Total Assets: $1,727,539
- Total Liabilities: $330,526
- Net Assets: $1,397,013
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Organization Details
Founding Year
1977
Phone
(513) 241-2600Principal Officer
Rob Festenstein
Main Address
2368 VICTORY PARKWAY 501, CINCINNATI, OH, 45206
Website
www.cilo.netNTEE Category
Code: P80 - Human services
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