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Opportunity Homes Inc

New Opportunity

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

EIN: 341100602 ✦ Lisbon, OH ✦ Designated as a 501(c)(3)

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Overview

What is Opportunity Homes Inc?

Opportunity Homes Inc, also known as New Opportunity, is a nonprofit organization situated in Lisbon, Ohio. With a workforce of 149 individuals, their primary mission is to offer residential and day programming services for people living with intellectual and developmental disabilities. They aim to provide a home-like environment where these individuals can access therapy, food, medical care, and opportunities to learn and interact with their community. Their services are provided without discrimination based on race, color, religion, national origin, sex, or the level of developmental and intellectual disabilities. The Ohio Department of Health certifies all their facilities, and they are licensed by the Department of Developmental Disabilities of the State of Ohio. The organization supports 22 individuals with developmental disabilities through Title XIX of the State of Ohio.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Opportunity Homes Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 79%. This rating is based entirely on the organization's Accountability & Finance metrics, indicating a strong commitment to financial health and transparency. The high score suggests that the nonprofit is effectively managing its resources and maintaining good governance practices.

The organization excels in several areas, including having an entirely independent board of directors and no reported material diversion of assets. With a program expense ratio of 95.29%, it demonstrates a significant commitment to allocating funds directly towards its mission rather than administrative costs. Additionally, the presence of essential policies like conflict of interest and whistleblower protections further enhances its accountability.

However, while the organization shows strength in financial management and governance, the overall rating suggests there is room for improvement in areas not reflected in the current score. Continuous efforts towards enhancing operational effectiveness and expanding programmatic impact could further bolster its standing in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Opportunity Homes Inc legitimate?

Opportunity Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Homes 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: $96,924
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Opportunity Homes Inc?

Opportunity Homes Inc is established with a mission to offer residential and day programming services for individuals with intellectual and developmental disabilities. The organization aims to provide a supportive environment that includes therapy, shelter, food, medical care, and opportunities for learning and community interaction. The services provided by Opportunity Homes Inc are inclusive, ensuring no discrimination based on race, color, religion, national origin, sex, or the level of developmental and intellectual disabilities. The facilities are certified by the Ohio Department of Health and licensed by the Department of Developmental Disabilities of the state of Ohio, ensuring a high standard of care in a home-like setting.

Who is the CEO of Opportunity Homes Inc?

Jenna Van Fossan is the Administrator Officer of Opportunity Homes Inc.

What is the revenue of Opportunity Homes Inc?

Opportunity Homes Inc's revenue in 2022 was $3,758,065.

Who are the executives of Opportunity Homes Inc and what are their salaries?

The average compensation at Opportunity Homes Inc during 2022 was $650. There are 149 employees at Opportunity Homes Inc.


Here are 6 key members and their salaries:


Jenna Van Fossan (Administrator Officer)
  • Compensation: $96,924
  • Related: $0
  • Other: $0
Tk Hiscox (President)
  • Compensation: $600
  • Related: $0
  • Other: $0
Carol Mcgaffick (Secretary)
  • Compensation: $600
  • Related: $0
  • Other: $0
Dawn Chepke (Board Of Directors)
  • Compensation: $600
  • Related: $0
  • Other: $0
Tad Rose (Vice President)
  • Compensation: $450
  • Related: $0
  • Other: $0
Rich Fithian (Board Of Directors)
  • Compensation: $300
  • Related: $0
  • Other: $0
Where can I find the form 990 for Opportunity Homes Inc?

Opportunity Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Opportunity Homes Inc

Opportunity Homes Inc, a nonprofit organization, is established with the mission to offer residential services and day programming for individuals with intellectual and developmental disabilities. The primary goal of this organization is to provide a supportive environment where these individuals can reside and engage in their communities. Opportunity Homes Inc offers essential services such as therapy, shelter, food, medical care, and opportunities for learning and interaction with the community. It is committed to equality and does not discriminate against any individual based on race, color, religion, national origin, sex, or the level of their developmental and intellectual disabilities. The organization ensures that all its facilities are certified by the Ohio Department of Health and licensed by the Department of Developmental Disabilities of the State of Ohio, operating in a homelike setting.

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Impact




October, 2024

Opportunity Homes Inc significantly enhances the quality of life for residents in Columbiana County who have intellectual and developmental disabilities. By providing a supportive environment, it empowers individuals to live and work within their communities. The organization focuses on creating a home-like setting where residents receive essential services such as therapy, shelter, food, and medical care.

Through its residential and day programming services, Opportunity Homes fosters opportunities for learning and community interaction. This inclusive approach ensures that all individuals, regardless of their background or level of disability, receive the support they need without discrimination. The commitment to high standards, with facilities certified by the Ohio Department of Health and licensed by the Department of Developmental Disabilities of the State of Ohio, reflects a dedication to safety and quality care.

The impact of Opportunity Homes extends beyond individual care; it promotes a more integrated community where individuals with disabilities can participate fully, enhancing social connections and personal growth.




This information is meant to be a general summary of Opportunity Homes 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.

Revenue
$3,758,065 (2022)
Expenses
$3,527,933 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,379,911
  • Gross Receipts: $3,758,065

Assets and Liabilities:

  • Total Assets: $1,951,786
  • Total Liabilities: $277,949
  • Net Assets: $1,673,837

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL SERVICES

Revenue

$3,379,911

Organization Details

Founding Year

1977

Principal Officer

Jenna Van Fossan

Main Address

P O BOX 327, LISBON, OH, 44432

NTEE Category

Code: P730 - Human services

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