Overview
What is Clackamas Residential Options Inc?
Clackamas Residential Options Inc is a nonprofit organization, primarily known for its involvement in providing affordable housing solutions. Based in Oregon City, Oregon, they oversee the operation of Fisher Ridge Apartments, a 19-unit complex situated in Milwaukie, OR. The organization's primary mission is to cater to the housing needs of low and moderate income individuals, ensuring they have access to decent and affordable living options. Through Clackamas Residential Options, Inc., they strive to make a positive impact on their community, contributing to a more inclusive and equitable living environment.
Official website here: www.nwhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Clackamas Residential Options Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This score is primarily based on the organization's accountability and finance metrics, where they excelled in areas such as having a fully independent board and no material diversion of assets. Their program expense ratio is also noteworthy, indicating that 100% of their expenses are dedicated to their programs.
However, there are significant areas for improvement. The organization lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which affected their overall score. While the presence of board meeting minutes is a positive aspect, the absence of these critical governance measures raises concerns about transparency and accountability.
Overall, Clackamas Residential Options Inc demonstrates strong financial integrity and governance structure via its independent board, but the missing policies suggest a need for enhanced operational protocols to further bolster trust and effectiveness in their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Clackamas Residential Options Inc legitimate?
Clackamas Residential Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clackamas Residential Options 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:
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Other Salaries and Wages: $0
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Official website here: www.nwhousing.org
What is the mission statement of Clackamas Residential Options Inc?
Clackamas Residential Options Inc's mission is centered around providing affordable housing for individuals with modest incomes. Through their operations, they aim to offer decent living spaces to this demographic, contributing positively to their living circumstances. This mission is accomplished through the management of their apartment complex, Fisher Ridge Apartments, located in Milwaukie, Oregon. The organization's work is instrumental in ensuring that low-income residents in Oregon City, Oregon, have access to suitable housing options.
Official website here: www.nwhousing.org
Who is the CEO of Clackamas Residential Options Inc?
John Kerr is the President of Clackamas Residential Options Inc.
Official website here: www.nwhousing.org
What is the revenue of Clackamas Residential Options Inc?
Clackamas Residential Options Inc's revenue in 2022 was $183,592.
Official website here: www.nwhousing.org
Who are the executives of Clackamas Residential Options Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.nwhousing.org
Where can I find the form 990 for Clackamas Residential Options Inc?
Clackamas Residential Options Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwhousing.org
Learn more at the official website: www.nwhousing.org
Mission Statement of Clackamas Residential Options Inc
Clackamas Residential Options Inc, a nonprofit organization, is committed to providing decent and affordable housing for low and moderate-income individuals. Their mission is carried out through the operation of Fisher Ridge Apartments, a 19-unit complex located in Milwaukie, Oregon. This nonprofit aims to make a significant impact in the community by offering a living space that is within the financial reach of those who may otherwise struggle to secure suitable housing. By upholding this mission, Clackamas Residential Options Inc contributes to the improvement of living conditions and overall well-being of its residents, thereby empowering them to focus on other aspects of their lives.
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Impact
October, 2024
Clackamas Residential Options Inc significantly impacts the community by providing affordable housing solutions to low and moderate-income individuals and families in Milwaukie, Oregon. Through the operation of Fisher Ridge Apartments, a 19-unit complex, they ensure that residents have access to decent living conditions, which plays a vital role in enhancing their quality of life. By filling a critical need for affordable housing, they contribute to the stability of the community, helping residents secure a safe and supportive environment. This not only aids in alleviating housing insecurity but also fosters a sense of belonging and community engagement among residents. Overall, their efforts are instrumental in promoting social equity and economic stability within the region.
This information is meant to be a general summary of Clackamas Residential Options 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: $3
- Program Service Revenue: $183,589
- Gross Receipts: $183,592
Assets and Liabilities:
- Total Assets: $1,294,882
- Total Liabilities: $17,342
- Net Assets: $1,277,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$182,342
LAUNDY AND VENDING
Revenue
$447
TENANT CHARGES
Revenue
$400
INCENTIVE INCOME
Revenue
$400
Organization Details
Founding Year
1999
Phone
(503) 654-1007Principal Officer
John Kerr
Main Address
2316 SE WILLARD STREET, MILWAUKIE, OR, 97222
Website
www.nwhousing.orgNTEE Category
Code: L21 - Housing
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