Overview
What is Rising Sun & Ohio County Senior Citizens Housing Inc?
Rising Sun & Ohio County Senior Citizens Housing Inc is a nonprofit organization based in Rising Sun, Indiana. Their primary mission is to provide affordable housing for senior citizens with limited income, specifically in Ohio County. They manage and operate 63 apartment units, 16 patio homes, and 3 rental houses, offering reduced and subsidized rent to eligible Indiana seniors and families. Their main purpose is to enhance the living circumstances of elderly residents in the area, ensuring they have access to suitable housing options.
Official website here: www.cityofrisingsun.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Rising Sun & Ohio County Senior Citizens Housing Inc has obtained a Three-Star rating from Charity Navigator, reflecting a solid score of 84%. This rating indicates that the organization meets certain benchmarks in financial health and accountability, which is crucial for maintaining trust with donors and the community. Notably, they have 100% independent board members and a high program expense ratio of 99.29%, suggesting that the majority of resources are dedicated to their core programs.
Despite these strengths, the organization has some areas needing improvement. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns regarding governance and transparency. Additionally, the tax form is not posted on the nonprofit's website, which could limit accessibility for potential donors seeking financial information.
Overall, while Rising Sun & Ohio County Senior Citizens Housing Inc demonstrates strong financial management and program commitment, addressing the noted governance policies could further enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Rising Sun & Ohio County Senior Citizens Housing Inc legitimate?
Rising Sun & Ohio County Senior Citizens Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rising Sun & Ohio County Senior Citizens 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:
Executive Compensation: $27,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,450
For more financial information, click here
Official website here: www.cityofrisingsun.com
What is the mission statement of Rising Sun & Ohio County Senior Citizens Housing Inc?
The mission of Rising Sun & Ohio County Senior Citizens Housing Inc is centered around providing affordable housing for senior citizens with limited income. The organization's primary goal is to develop, manage, and operate affordable housing, specifically targeting senior citizens within Ohio County, Indiana. Their housing solutions include 63 apartment units offered at reduced and subsidized rents for low-income senior residents, as well as 16 patio homes and three rental houses for Indiana senior citizens and families, respectively. Their mission aims to contribute to the well-being of senior citizens by providing them with suitable housing options.
Official website here: www.cityofrisingsun.com
Who is the CEO of Rising Sun & Ohio County Senior Citizens Housing Inc?
Paula Gentrup is the Principal Officer of Rising Sun & Ohio County Senior Citizens Housing Inc.
Official website here: www.cityofrisingsun.com
What is the revenue of Rising Sun & Ohio County Senior Citizens Housing Inc?
Rising Sun & Ohio County Senior Citizens Housing Inc's revenue in 2022 was $459,372.
Official website here: www.cityofrisingsun.com
Who are the executives of Rising Sun & Ohio County Senior Citizens Housing Inc and what are their salaries?
The average compensation at Rising Sun & Ohio County Senior Citizens Housing Inc during 2022 was $9,009. There are 6 employees at Rising Sun & Ohio County Senior Citizens Housing Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $13,803
- Other: $0
- Compensation: $0
- Related: $13,803
- Other: $0
Official website here: www.cityofrisingsun.com
Where can I find the form 990 for Rising Sun & Ohio County Senior Citizens Housing Inc?
Rising Sun & Ohio County Senior Citizens Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityofrisingsun.com
Learn more at the official website: www.cityofrisingsun.com
Mission Statement of Rising Sun & Ohio County Senior Citizens Housing Inc
Rising Sun & Ohio County Senior Citizens Housing Inc is a dedicated organization with a mission to serve senior citizens in Indiana who are on limited income. The primary focus of this nonprofit is to develop, manage, and operate affordable housing, with a special emphasis on senior citizens residing within Ohio County, Indiana. Their goal is to provide reduced and subsidized housing options to these elderly individuals, ensuring they can maintain a comfortable living standard.
In addition to developing and managing housing, Rising Sun & Ohio County Senior Citizens Housing Inc also provides affordable apartment units, patio homes, and rental houses for seniors and families in Indiana. They have 63 apartment units and 16 patio homes specifically designed for senior citizens. Furthermore, they offer three rental houses to Indiana families, demonstrating their commitment to supporting the needs of various age groups within the community. By offering these affordable housing options, Rising Sun & Ohio County Senior Citizens Housing Inc is able to provide a vital service to those who may otherwise struggle to secure suitable and affordable housing.
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Impact
July, 2024
Rising Sun & Ohio County Senior Citizens Housing Inc's impact is significant in providing affordable housing to senior citizens on limited income in Indiana. By offering apartment units, patio homes, and rental houses at reduced and subsidized rent, the organization helps low-income senior residents in rural Indiana access safe and comfortable living spaces. This support plays a crucial role in enhancing the quality of life for senior citizens in Ohio County, Indiana, ensuring they have a place to call home and live independently with dignity.
This information is meant to be a general summary of Rising Sun & Ohio County Senior Citizens 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: $5,465
- Program Service Revenue: $428,305
- Gross Receipts: $459,372
Assets and Liabilities:
- Total Assets: $3,043,301
- Total Liabilities: $358,712
- Net Assets: $2,684,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$409,412
USDA RENTAL ASSISTANCE
Revenue
$22,412
LAUNDRY INCOME
Revenue
$6,521
DONATIONS
Revenue
$690
ENDOWMENT INCOME/LOSS
Revenue
-$10,730
Organization Details
Founding Year
1975
Phone
(812) 438-3521Principal Officer
Paula Gentrup
Main Address
212 SOUTH POPLAR STREET, RISING SUN, IN, 470401237
Website
www.cityofrisingsun.comNTEE Category
Code: L20 - Housing
If you are a representative of Rising Sun & Ohio County Senior Citizens Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.