Overview
What is Over The Rhine Community Housing?
Over The Rhine Community Housing is a dedicated nonprofit organization situated in Cincinnati, Ohio. With a strong focus on property management, they currently oversee 236 properties and provide housing for 470 individuals within these premises. Their portfolio is expansive, reaching beyond Over-The-Rhine to encompass Lower Price Hill, the Central Business District, and Northside neighborhoods. The housing solutions offered by OTRCH cater to various needs, ranging from permanent supportive housing for the homeless, low-income tax-credit housing, Section 8 housing, senior housing, and conventional low-income housing. Their mission is to foster inclusive communities by developing and managing resident-centered affordable housing, thereby benefiting low-income residents. As of now, OTRCH employs 59 individuals, demonstrating their commitment to the cause.
Official website here: www.otrch.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 100% (Four-Star out of Four Stars)**
Over The Rhine Community Housing has achieved a perfect score of 100% from Charity Navigator, reflecting strong performance in accountability and finance. This stellar rating indicates a high level of transparency and good governance, with an independent board and no reported diversion of assets. The organization excels in effectively managing its resources, demonstrated by a program expense ratio of 92.33%.
User feedback from GreatNonprofits is currently not available for this organization, so specific experiences and sentiments from the community cannot be captured. However, the organization’s impressive accountability score suggests that it is well-regarded in terms of financial integrity and operational efficiency.
Overall, Over The Rhine Community Housing stands out as a financially responsible nonprofit, though further insights into user experiences would enrich the understanding of its community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Over The Rhine Community Housing legitimate?
Over The Rhine Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Over The Rhine Community Housing 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: $137,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,702,649
For more financial information, click here
Official website here: www.otrch.org
What is the mission statement of Over The Rhine Community Housing?
Over The Rhine Community Housing's mission is to develop and manage affordable housing with a resident-centered approach, aiming to foster an inclusive community. By doing so, they aim to benefit low-income residents. The organization manages various types of housing, including supportive housing for the homeless, low-income tax-credit housing, Section 8 housing, senior housing, and conventional low-income housing. Their property portfolio extends beyond Over-The-Rhine to include Lower Price Hill, the Central Business District, and Northside neighborhoods.
Official website here: www.otrch.org
Who is the CEO of Over The Rhine Community Housing?
Mary Burke Rivers is the President of Over The Rhine Community Housing.
Official website here: www.otrch.org
What is the revenue of Over The Rhine Community Housing?
Over The Rhine Community Housing's revenue in 2022 was $8,867,779.
Official website here: www.otrch.org
Who are the executives of Over The Rhine Community Housing and what are their salaries?
The average compensation at Over The Rhine Community Housing during 2022 was $31,195. There are 59 employees and 6 volunteers at Over The Rhine Community Housing.
Here are 13 key members and their salaries:
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- Compensation: $114,386
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- Other: $23,488
Official website here: www.otrch.org
Where can I find the form 990 for Over The Rhine Community Housing?
Over The Rhine Community Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.otrch.org
Learn more at the official website: www.otrch.org
Mission Statement of Over The Rhine Community Housing
Over The Rhine Community Housing, a nonprofit organization, is dedicated to developing and managing affordable housing with a focus on fostering an inclusive community. By undertaking this mission, the organization aims to benefit low-income residents. The core activity of Over The Rhine Community Housing involves the development and management of various types of affordable housing, including supportive housing for individuals experiencing homelessness, low-income tax-credit housing, Section 8 housing, senior housing, and conventional low-income housing. This diverse offering of housing options is a testament to the organization's commitment to catering to the needs of a wide range of low-income residents. Through its resident-centered approach, Over The Rhine Community Housing strives to build a more inclusive community, providing a safe and affordable living space for those who may otherwise struggle to secure such housing.
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Impact
October, 2024
Over The Rhine Community Housing plays a pivotal role in fostering an inclusive community through the development and management of resident-centered affordable housing. By owning 236 properties and managing 470 units of affordable housing primarily in Over-the-Rhine, their impact extends beyond just providing shelter; it addresses the needs of various demographics, including those facing homelessness and low-income families.
The organization’s portfolio includes diverse housing options such as permanent supportive housing, low-income tax credit housing, Section 8 housing, senior housing, and conventional low-income housing. This variety ensures that different segments of the population can find safe and suitable living conditions.
With their efforts expanding into Lower Price Hill, the Central Business District, and Northside, Over The Rhine Community Housing is not only stabilizing neighborhoods but also contributing to community resilience and inclusivity. By integrating affordable housing solutions within these communities, they help reduce the socio-economic disparities and promote equitable access to essential resources for low-income residents in Cincinnati.
This information is meant to be a general summary of Over The Rhine Community Housing. 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: $48,713
- Program Service Revenue: $4,450,438
- Gross Receipts: $8,872,819
Assets and Liabilities:
- Total Assets: $25,810,109
- Total Liabilities: $10,149,921
- Net Assets: $15,660,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$3,075,455
DEVELOPER FEES
Revenue
$1,020,106
PARKING LOT RENTAL
Revenue
$256,397
MANAGEMENT FEES
Revenue
$98,480
Organization Details
Founding Year
1988
Phone
(513) 381-1171Principal Officer
Mary Burke Rivers
Main Address
114 W 14TH STREET, CINCINNATI, OH, 45202
Website
www.otrch.orgNTEE Category
Code: L210 - Housing
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