Overview
What is Cincinnati's Optimum Residential Environments Inc?
Cincinnati's Optimum Residential Environments Inc is a nonprofit organization located in Cincinnati, Ohio, at 75 Tri County Parkway. Their primary focus is on providing residential and habilitative services to adults coping with developmental disabilities. With a workforce of 146 dedicated individuals, they strive to enhance the lives of those they serve, offering a range of supportive services tailored to their unique needs and circumstances. Their mission is to empower these individuals towards greater independence and quality of life, contributing positively to their community.
Official website here: www.coreinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Optimum Residential Environments Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 79% overall, with the score based almost entirely on its accountability and finance metrics. This score demonstrates that the nonprofit adheres to good practices in governance and financial management.
Strengths of the organization include having a fully independent board, which ensures strong oversight. They also have no material diversion of assets and have solid policies in place for conflict of interest, whistleblowing, and document retention. Additionally, a high program expense ratio of 90.71% indicates that a large majority of their expenses are directed towards their mission rather than administrative costs.
While the rating reflects a strong operational foundation, there may still be areas for improvement as indicated by the overall score not being closer to the maximum. Continuous monitoring and enhancement of financial practices could further strengthen its standing as a nonprofit organization committed to transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati's Optimum Residential Environments Inc legitimate?
Cincinnati's Optimum Residential Environments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati's Optimum Residential Environments 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: $193,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,442,069
For more financial information, click here
Official website here: www.coreinc.org
What is the mission statement of Cincinnati's Optimum Residential Environments Inc?
Cincinnati's Optimum Residential Environments Inc is dedicated to providing residential and habilitative services to adults with developmental disabilities. Their mission is to enhance the lives of these individuals by offering them a supportive living environment and a range of skills development programs. Through their services, they strive to empower these adults to reach their full potential and live as independently as possible. They are committed to the well-being and success of each person they serve, aiming to improve the quality of life for all who seek their assistance.
Official website here: www.coreinc.org
What is the revenue of Cincinnati's Optimum Residential Environments Inc?
Cincinnati's Optimum Residential Environments Inc's revenue in 2023 was $8,022,622.
Official website here: www.coreinc.org
Who are the executives of Cincinnati's Optimum Residential Environments Inc and what are their salaries?
The average compensation at Cincinnati's Optimum Residential Environments Inc during 2023 was $40,542. There are 139 employees at Cincinnati's Optimum Residential Environments Inc.
Here are 6 key members and their salaries:
- Compensation: $108,167
- Related: $0
- Other: $2,477
- Compensation: $80,921
- Related: $0
- Other: $1,765
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.coreinc.org
Where can I find the form 990 for Cincinnati's Optimum Residential Environments Inc?
Cincinnati's Optimum Residential Environments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coreinc.org
Learn more at the official website: www.coreinc.org
Mission Statement of Cincinnati's Optimum Residential Environments Inc
Cincinnati's Optimum Residential Environments Inc, a nonprofit organization, is dedicated to providing essential residential and habilitative services for adults living with developmental disabilities. Its mission is geared towards enhancing the quality of life for these individuals, offering them a supportive environment that fosters personal growth and independence. By offering these services, the organization aims to empower adults with developmental disabilities, enabling them to lead fulfilling lives and reach their full potential.
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Impact
June, 2024
Cincinnati's Optimum Residential Environments Inc makes a significant impact by providing vital residential and habilitative services to adults with developmental disabilities in the Cincinnati area. Through their mission of offering support and care to this vulnerable population, they contribute to improving the mental health and overall well-being of individuals who may otherwise face challenges in accessing necessary services. Their dedication to empowering adults with developmental disabilities through specialized care helps create a more inclusive and supportive community in Cincinnati.
This information is meant to be a general summary of Cincinnati's Optimum Residential Environments 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: $41,462
- Program Service Revenue: $6,899,094
- Gross Receipts: $8,550,646
Assets and Liabilities:
- Total Assets: $5,915,820
- Total Liabilities: $1,594,223
- Net Assets: $4,321,597
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Organization Details
Founding Year
1986
Principal Officer
Andrea Adams
Website
www.coreinc.orgNTEE Category
Code: F33Z - Mental health
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