Overview
What is Tli Housing Opportunities Inc?
Tli Housing Opportunities Inc is a nonprofit organization situated in Lebanon, Ohio (45036). Their primary mission is to cater to the physical, social, and psychological needs of elderly and handicapped individuals residing in the Butler County region. They offer facilities and services specifically tailored to address these needs, ensuring a holistic approach to care for their clients, serving a total of 22 individuals as of the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Tli Housing Opportunities Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived entirely from the Accountability & Finance category, where the organization achieved a score of 79%. This rating reflects a commitment to maintaining a transparent and responsible approach to its operations.
Strengths of Tli Housing Opportunities Inc include a fully independent board, with all 10 members demonstrating a commitment to governance without conflicts of interest. The organization also has robust policies in place for whistleblower protection, document retention, and conflict of interest management. Additionally, it performs well in financial management, with a program expense ratio of 87.27%, indicating that a significant portion of its funds is directed toward its charitable programs.
However, the organization has a liability to assets ratio of 131.11%, which may raise concerns about financial stability and the potential for insolvency. While the high program expense ratio is commendable, the significant liabilities could pose challenges in the long run. Overall, Tli Housing Opportunities Inc shows promise in its accountability and financial practices, but stakeholders may want to consider the implications of its current financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Tli Housing Opportunities Inc legitimate?
Tli Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tli Housing Opportunities 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: $51,863
For more financial information, click here
What is the mission statement of Tli Housing Opportunities Inc?
Tli Housing Opportunities Inc is committed to providing facilities and services that cater to the physical, social, and psychological needs of elderly and handicapped individuals. The organization's mission is to create an environment that supports the well-being of disabled senior citizens, ensuring they live with dignity and comfort. By offering tailored facilities and services, Tli Housing Opportunities Inc aims to improve the quality of life for these individuals, addressing their unique needs in a holistic manner. The organization serves a clientele of 22 in the Butler County, OH region.
Who is the CEO of Tli Housing Opportunities Inc?
Scott Boone is the Board Member of Tli Housing Opportunities Inc.
What is the revenue of Tli Housing Opportunities Inc?
Tli Housing Opportunities Inc's revenue in 2023 was $214,479.
Who are the executives of Tli Housing Opportunities Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Tli Housing Opportunities Inc?
Tli Housing Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Tli Housing Opportunities Inc
Tli Housing Opportunities Inc is dedicated to providing facilities and services tailored to address the physical, social, and psychological needs of elderly and handicapped individuals. This nonprofit organization's mission is to create an environment that caters to the unique requirements of disabled senior citizens, ensuring they receive the support they need to live comfortably and with dignity. By offering a comprehensive range of services, Tli Housing Opportunities Inc seeks to improve the quality of life for these individuals, allowing them to maintain their independence and well-being. As of the provided information, the organization has served 22 clients in the Butler County, OH region.
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Impact
October, 2024
Tli Housing Opportunities Inc significantly enhances the quality of life for elderly and handicapped individuals in the Butler County, OH region. By offering specialized facilities and services, the organization addresses not only the physical needs of this vulnerable population but also their social and psychological well-being. This holistic approach fosters a supportive environment where disabled senior citizens can thrive. With a focus on inclusivity and care, Tli Housing Opportunities Inc serves as a vital resource, ensuring that these individuals receive the comprehensive support necessary to lead fulfilling lives. Their impact is evident in the improved health, social connections, and overall happiness of the clients they serve.
This information is meant to be a general summary of Tli Housing Opportunities 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: $174
- Program Service Revenue: $214,305
- Gross Receipts: $214,479
Assets and Liabilities:
- Total Assets: $380,626
- Total Liabilities: $499,058
- Net Assets: -$118,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES & CONTRACTS GOV AGENCIES
Revenue
$188,911
RENTAL INCOME
Revenue
$79,316
VACANCIES
Revenue
-$53,922
Organization Details
Founding Year
1983
Phone
(513) 554-4567Principal Officer
Scott Boone
Main Address
1160 E MAIN ST, LEBANON, OH, 45036
NTEE Category
Code: L22 - Housing
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