Overview
What is The Orangewood Mobilehome Park Corp?
The Orangewood Mobilehome Park Corp is a nonprofit organization situated in San Bernardino, California. Established to alleviate governmental burdens, its primary mission is to support the former redevelopment agency of the city by managing housing developments, such as Orangewood Mobile Home Park. This park, comprising 152 mobile home spaces, offers facilities like a swimming pool, clubhouse, car wash area, and a laundry room on a 13.04-acre site. The park primarily houses doublewide mobile homes equipped with awnings, concrete driveways, and covered carports, constructed around 1958. The organization generates revenue through space rent and utility fees, which helps maintain and expand the city's supply of affordable housing for low and moderate-income families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Orangewood Mobilehome Park Corp has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 79%. This rating is primarily based on the organization's accountability and finance practices, with a strong emphasis on transparency and governance. The organization showcases a majority independent board, with 80% of its members being independent, which is a positive indicator of its commitment to ethical oversight.
Strengths of the organization include a high program expense ratio of 94.78%, demonstrating that a significant portion of its funds is allocated towards its mission rather than administrative costs. The organization also has robust policies in place, including conflict of interest and whistleblower policies, all of which are listed and contribute to its favorable accountability rating. Additionally, the financial oversight structure, including an audit and oversight committee, has been rated highly.
However, a notable limitation is the high liabilities to assets ratio of 143.30%, which may indicate potential financial instability or risk. While the organization performs well in many areas, addressing this financial aspect could enhance its overall standing and ensure its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Orangewood Mobilehome Park Corp legitimate?
The Orangewood Mobilehome Park Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Orangewood Mobilehome Park Corp 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: $19,341
For more financial information, click here
What is the mission statement of The Orangewood Mobilehome Park Corp?
The Orangewood Mobilehome Park Corp, established with the aim to alleviate governmental burdens, provides assistance to the former redevelopment agency of San Bernardino in its urban development efforts. One of its key roles is to promote economic growth within San Bernardino, including, but not limited to, assuming ownership and operation of the Orangewood Mobilehome Park. This action increases the availability of affordable housing for low and moderate-income families in the city, thereby offsetting operational costs. The corporation's primary objective is to contribute to San Bernardino's housing supply, thereby addressing the needs of its less privileged residents.
What is the revenue of The Orangewood Mobilehome Park Corp?
The Orangewood Mobilehome Park Corp's revenue in 2024 was $1,110,063.
Who are the executives of The Orangewood Mobilehome Park Corp and what are their salaries?
There 2 volunteers at The Orangewood Mobilehome Park Corp.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $82,000
- Other: $0
- Compensation: $0
- Related: $66,200
- Other: $0
- Compensation: $0
- Related: $22,000
- Other: $0
- Compensation: $0
- Related: $22,000
- Other: $0
- Compensation: $0
- Related: $22,000
- Other: $0
- Compensation: $0
- Related: $22,000
- Other: $0
- Compensation: $0
- Related: $22,000
- Other: $0
- Compensation: $0
- Related: $22,000
- Other: $0
- Compensation: $0
- Related: $14,500
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Orangewood Mobilehome Park Corp?
The Orangewood Mobilehome Park Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Orangewood Mobilehome Park Corp
The Orangewood Mobilehome Park Corp was established with a mission to alleviate governmental burdens by providing aid to the former Redevelopment Agency of the City of San Bernardino in its redevelopment initiatives. This corporation's primary goal is to promote economic development within the city, and one of its key strategies is to assume ownership and operation of the Orangewood Mobile Home Park. By doing so, The Orangewood Mobilehome Park Corp contributes to increasing the availability of low and moderate income housing within the city. This mission allows the corporation to generate revenue by charging for space rent and utilities, thereby offsetting its costs and ultimately expanding the city's housing supply for economically disadvantaged families.
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Impact
October, 2024
The Orangewood Mobilehome Park Corp significantly enhances the housing landscape in San Bernardino by providing affordable living options for low and moderate-income families. Located at 2160 West Rialto Avenue, the park features 152 mobile home spaces amidst a well-maintained 13.04-acre site that includes amenities such as a swimming pool, clubhouse, car wash area, and laundry facilities.
By charging rent and utilities, the organization manages to sustain its operations while directly contributing to the community's housing supply. With rent prices averaging around $516 per month, residents benefit from a cost-effective solution to housing challenges in an area where affordability is critical.
Furthermore, the Orangewood Mobilehome Park Corp plays a vital role in alleviating governmental burdens by supporting redevelopment initiatives aimed at fostering economic development within San Bernardino. Overall, the organization serves as a crucial asset in promoting community improvement and ensuring access to safe, affordable housing for those who need it most.
This information is meant to be a general summary of The Orangewood Mobilehome Park Corp. 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 2024.
- Investment Income: $425
- Program Service Revenue: $1,109,638
- Gross Receipts: $1,110,063
Assets and Liabilities:
- Total Assets: $3,345,054
- Total Liabilities: $4,841,992
- Net Assets: -$1,496,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS
Revenue
$1,109,638
Organization Details
Founding Year
1996
Principal Officer
Dennis Kazarian
NTEE Category
Code: S25Z - Community improvement
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