Overview
What is Deerfield Commons Inc?
Deerfield Commons Inc is a nonprofit organization situated in Cincinnati, Ohio, committed to providing senior living accommodations. Their primary focus is on offering rental housing for the elderly, catering to a total of 80 units. Deerfield Commons operates as a retirement community, ensuring that elderly citizens have a suitable living environment. Their mission includes offering senior citizens housing, thereby contributing to the well-being of the elderly population in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Overall score: 67%
Deerfield Commons Inc currently holds a two-star rating from Charity Navigator, indicating that the organization has room for improvement in certain operational areas. The organization excels in maintaining an independent board with a 100% independent membership and demonstrates strong financial oversight, evidenced by a high program expense ratio of 92.16%. These strengths suggest a commitment to its mission and effective allocation of resources toward programs.
However, the organization faces significant challenges regarding transparency and governance practices. Notably, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy. Additionally, its website is not listed on the tax form, which raises concerns about accessibility and transparency for donors and stakeholders.
Financially, while Deerfield Commons Inc demonstrates strong program spending, its liabilities to assets ratio is concerning at 93.52%. This potentially indicates a reliance on borrowed funds or obligations that could affect its financial stability in the long term. Overall, while there are commendable aspects of Deerfield Commons Inc, addressing the gaps in governance and transparency will be crucial for improving its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Deerfield Commons Inc legitimate?
Deerfield Commons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deerfield Commons 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: $0
For more financial information, click here
What is the mission statement of Deerfield Commons Inc?
Deerfield Commons Inc, as an organization, specializes in providing rental housing for the elderly. Their mission is centered around offering retirement communities and senior citizens housing, ensuring a comfortable living environment for the elderly population. The company's activities are focused on catering to the housing needs of the elderly, providing them with a suitable living space. Deerfield Commons Inc operates with a dedication to serving this specific demographic, offering them a place to call home. The organization's focus is on providing a comfortable and suitable living environment for the elderly, thereby enhancing their quality of life.
Who is the CEO of Deerfield Commons Inc?
Maureen Hird is the Director of Deerfield Commons Inc.
What is the revenue of Deerfield Commons Inc?
Deerfield Commons Inc's revenue in 2023 was $1,032,993.
Who are the executives of Deerfield Commons Inc and what are their salaries?
There are 7 employees and 8 volunteers at Deerfield Commons Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Deerfield Commons Inc?
Deerfield Commons Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Deerfield Commons Inc
Deerfield Commons Inc is a nonprofit organization dedicated to providing rental housing for the elderly. Their mission is to cater to the retirement needs of seniors, offering them a comfortable living environment through their 80-unit program. Deerfield Commons specializes in senior citizens housing, providing a sense of community and support for its elderly residents. Although the information does not specify the services or amenities offered within the housing program, it is clear that Deerfield Commons Inc is committed to enhancing the living experience of the elderly population.
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Impact
October, 2024
Deerfield Commons Inc significantly impacts the community by providing affordable rental housing for the elderly in Cincinnati, OH. With its 80-unit program, it addresses a critical need for senior citizens, offering safe and comfortable living environments tailored to their unique requirements. By focusing on retirement communities, Deerfield Commons fosters a sense of community and belonging among its residents, enhancing their quality of life. It not only alleviates housing challenges faced by older adults but also contributes to their overall well-being through accessible living arrangements that allow for independence and connection with peers.
This information is meant to be a general summary of Deerfield Commons 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: $6,418
- Program Service Revenue: $1,026,575
- Gross Receipts: $1,032,993
Assets and Liabilities:
- Total Assets: $2,305,117
- Total Liabilities: $2,155,837
- Net Assets: $149,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTALS
Revenue
$1,026,575
Organization Details
Founding Year
2006
Phone
(513) 831-5700Principal Officer
Maureen Hird
Main Address
7444 Jager Ct, Cincinnati, OH, 45230
NTEE Category
Code: L22Z - Housing
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