Overview
What is Springboro Commons Ret Villa Inc?
Springboro Commons Ret Villa Inc, located in Lebanon, Ohio, is a dedicated retirement home or senior housing program. Their primary objective is to provide rental housing solutions for seniors, ensuring they have a comfortable living space during their retirement years. The organization's mission is centered around facilitating rental housing for the elderly community, demonstrating their commitment to the well-being and housing needs of senior citizens in the Lebanon area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The rating indicates a moderate level of accountability and financial health for Springboro Commons Ret Villa Inc. While the organization demonstrates strong performance in areas such as program expense ratio and asset management, the overall rating reflects some significant weaknesses in governance practices.
The nonprofit has a commendable score for its independent board composition and lack of material diversion of assets, highlighting a solid commitment to financial integrity. Additionally, it maintains a high percentage of program expenses directed toward its mission, which is a positive indicator of operational efficiency. These strengths suggest that funds are being utilized effectively to further the organization's goals.
However, the organization has several governance issues that are concerning. The absence of a website listed on its tax form, along with missing policies for conflict of interest, whistleblower protections, and document retention, all contribute to a lower overall accountability score. Addressing these deficiencies would enhance transparency and improve the organization's standing among potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Springboro Commons Ret Villa Inc legitimate?
Springboro Commons Ret Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springboro Commons Ret Villa 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 Springboro Commons Ret Villa Inc?
Springboro Commons Ret Villa Inc, as a retirement home or senior housing program, is dedicated to providing rental housing. Their mission is centered around offering suitable living spaces for senior citizens, prioritizing the rental aspect of their services. This mission ensures that elderly individuals have access to appropriate housing solutions. It does not involve advocacy, research, or support services like some other organizations, but rather focuses solely on the provision of rental housing.
Who is the CEO of Springboro Commons Ret Villa Inc?
Unavailable
What is the revenue of Springboro Commons Ret Villa Inc?
Springboro Commons Ret Villa Inc's revenue in 2023 was $477,985.
Who are the executives of Springboro Commons Ret Villa Inc and what are their salaries?
There are 6 employees and 10 volunteers at Springboro Commons Ret Villa Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Springboro Commons Ret Villa Inc?
Springboro Commons Ret Villa Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Springboro Commons Ret Villa Inc
Springboro Commons Ret Villa, as a retirement home or senior housing program, is committed to providing rental housing solutions. This mission statement indicates that the organization is dedicated to offering living accommodations specifically catered to the senior population, thereby ensuring that elderly individuals have access to suitable housing options. The focus on rental housing suggests that Springboro Commons Ret Villa may aim to provide affordable and flexible housing solutions, making it an attractive choice for seniors who may be on a fixed income or prefer the convenience of rental agreements. By prioritizing rental housing, Springboro Commons Ret Villa is positioning itself as a reliable and accommodating option for seniors seeking comfortable and secure living arrangements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Springboro Commons Ret Villa Inc provides affordable rental housing for seniors in Lebanon, Ohio, offering them a safe and comfortable living environment. By fulfilling their mission of providing rental housing for seniors, Springboro Commons Ret Villa Inc plays a crucial role in meeting the needs of the elderly population in the community. The organization's impact can be seen in the improved quality of life and well-being of the seniors who benefit from their housing program. Additionally, by providing this vital service, Springboro Commons Ret Villa Inc contributes to the overall community development and social support for seniors in Lebanon, Ohio.
This information is meant to be a general summary of Springboro Commons Ret Villa 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: $4,455
- Program Service Revenue: $473,530
- Gross Receipts: $477,985
Assets and Liabilities:
- Total Assets: $1,634,841
- Total Liabilities: $701,459
- Net Assets: $933,382
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$473,530
Organization Details
Founding Year
1990
Phone
(513) 695-2207Main Address
645 OAK ST, LEBANON, OH, 45036
NTEE Category
Code: L22Z - Housing
If you are a representative of Springboro Commons Ret Villa 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.