Overview
What is Oak Hills Senior Housing Inc?
Oak Hills Senior Housing Inc, located in Harrison, Arkansas, is a dedicated nonprofit organization that prioritizes providing suitable housing for low-income elderly individuals. Their mission is centered around meeting the unique needs of this demographic, ensuring they have access to comfortable and suitable living spaces. The organization's activities and mission remain focused on this core goal, demonstrating a committed approach to serving this specific community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating suggests that while Oak Hills Senior Housing Inc demonstrates some strengths in its operations, there are areas for improvement that may affect overall performance and trustworthiness.
The organization showcases strong governance practices, with 83% of its board members being independent, and it has a solid program expense ratio of 75.08%. This indicates that a significant portion of its funds is directed towards its programs, reflecting a commitment to its mission. Additionally, there is no evidence of material diversion of assets, which reassures stakeholders about financial integrity.
However, the overall two-star rating indicates that there may be concerns regarding accountability and financial practices that could be addressed. While the organization performs well in certain metrics, potential donors and stakeholders may want to further investigate these limitations to ensure that their contributions are being utilized effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Oak Hills Senior Housing Inc legitimate?
Oak Hills Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Hills Senior Housing 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: $13,309
For more financial information, click here
What is the mission statement of Oak Hills Senior Housing Inc?
Oak Hills Senior Housing Inc is committed to serving the needs of low-income elderly individuals by providing them with suitable housing. This mission is carried out by designing housing facilities that cater specifically to their requirements. The organization's goal is to ensure that these elderly individuals have access to comfortable and appropriate living spaces. This commitment to the well-being and needs of the elderly population is a key part of Oak Hills Senior Housing Inc's mission. The organization is dedicated to making a positive impact in the lives of its residents, providing them with a home that meets their unique needs.
Who is the CEO of Oak Hills Senior Housing Inc?
Brad Bailey is the President of Oak Hills Senior Housing Inc.
What is the revenue of Oak Hills Senior Housing Inc?
Oak Hills Senior Housing Inc's revenue in 2022 was $110,991.
Who are the executives of Oak Hills Senior Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Oak Hills Senior Housing Inc?
Oak Hills Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oak Hills Senior Housing Inc
Oak Hills Senior Housing Inc is committed to providing suitable housing for elderly individuals with limited income. Their mission is centered around meeting the unique needs of this demographic, ensuring they have access to comfortable living arrangements. By offering housing specifically designed for this population, Oak Hills Senior Housing Inc aims to enhance the quality of life for elderly individuals, providing them with a secure and supportive environment.
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Impact
October, 2024
Oak Hills Senior Housing Inc significantly enhances the quality of life for low-income elderly individuals by offering specialized housing that caters to their unique needs. Located in Harrison, AR, the organization focuses on creating a safe, comfortable living environment that fosters independence and dignity for seniors. By addressing the critical need for affordable housing, Oak Hills not only provides shelter but also contributes to the overall well-being of the elderly population in the community. This initiative plays a crucial role in combating the challenges faced by low-income seniors, ensuring they have access to suitable living conditions that support their health and social needs.
This information is meant to be a general summary of Oak Hills Senior Housing 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 2022.
- Investment Income: $632
- Program Service Revenue: $48,985
- Gross Receipts: $110,991
Assets and Liabilities:
- Total Assets: $567,494
- Total Liabilities: $12,426
- Net Assets: $555,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$48,985
Organization Details
Phone
(870) 741-1144Principal Officer
Brad Bailey
Main Address
PO BOX 1795, HARRISON, AR, 726021795
NTEE Category
Code: L22 - Housing
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