Black Economic Union Of Ohio

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341094981 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Black Economic Union Of Ohio?

The Black Economic Union of Ohio is a nonprofit organization situated in Cleveland, Ohio, with an address at 10510 Park Lane, 44106. Their primary mission is to support and enhance living conditions for low-income and moderate-income families, as well as seniors and individuals with disabilities. They achieve this by sponsoring, developing, financing, constructing, and operating buildings and facilities tailored to meet their needs. This nonprofit organization is committed to providing essential resources and facilities for those in need, fostering a sense of community and opportunities for growth.

Is Black Economic Union Of Ohio legitimate?

Black Economic Union Of Ohio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Economic Union Of Ohio 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: $31,875

For more financial information, click here

What is the mission statement of Black Economic Union Of Ohio?

The Black Economic Union of Ohio's mission is centered around supporting low-income and moderate-income families, as well as seniors and individuals with disabilities. They aim to achieve this by sponsoring, developing, financing, constructing, and operating buildings and facilities that cater to their needs. This organization is committed to making a positive impact in the lives of these individuals, striving to provide them with essential resources and housing opportunities.

Who is the CEO of Black Economic Union Of Ohio?

Oscar Saffold is the President of Black Economic Union Of Ohio.

What is the revenue of Black Economic Union Of Ohio?

Black Economic Union Of Ohio's revenue in 2022 was $10,732.

Who are the executives of Black Economic Union Of Ohio and what are their salaries?


Here are 9 key members and their salaries:


Theodore Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Tell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rogers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas F Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernie Innocenzi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Saffold (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Rice (Executive Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Black Economic Union Of Ohio?

Black Economic Union Of Ohio's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Black Economic Union Of Ohio

The Black Economic Union of Ohio's mission is centered around sponsoring, developing, financing, constructing, and operating buildings and facilities. This nonprofit organization is dedicated to serving the needs of low-income and moderate-income families, as well as seniors and individuals with disabilities. By undertaking these activities, the Black Economic Union of Ohio aims to provide suitable living spaces for these groups, ensuring they have access to comfortable and suitable housing.

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Impact




August, 2024

The Black Economic Union Of Ohio's impact is significant in providing housing solutions for low-income and moderate-income families, seniors, and handicap persons in Cleveland, Ohio. By sponsoring, developing, financing, constructing, and operating buildings and facilities, the organization directly addresses the pressing need for affordable housing in the community. This work not only improves living conditions for vulnerable populations but also contributes to the overall economic stability and well-being of these individuals and the city as a whole. Through its mission-driven focus on housing, the Black Economic Union Of Ohio plays a crucial role in promoting social equity and supporting marginalized communities in Ohio.




This information is meant to be a general summary of Black Economic Union Of Ohio. 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.

Revenue
$10,732 (2022)
Expenses
$40,466 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,732
  • Gross Receipts: $10,732

Assets and Liabilities:

  • Total Assets: $1,659,618
  • Total Liabilities: $178,416
  • Net Assets: $1,481,202

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Organization Details

Founding Year

1971

Principal Officer

Oscar Saffold

Main Address

10510 Park Lane, Cleveland, OH, 44106

NTEE Category

Code: L20 - Housing

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