Overview
What is Ottawa Residential Services Inc?
Ottawa Residential Services Inc, located in Port Clinton, Ohio, is a nonprofit organization that specializes in providing housing solutions for individuals and families with mental disabilities, developmental disabilities, and those with low income in Ottawa County. The organization manages, maintains, and operates affordable housing sites, serving over 100 individuals and families. Their mission is centered around offering housing assistance to people with disabilities within the county, ensuring they have a safe and suitable living environment. The organization employs a team of six dedicated individuals.
Official website here: www.orsinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Ottawa Residential Services Inc has earned a solid Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 92% overall, based entirely on its Accountability & Finance metrics. This strong score reflects its commitment to transparency and effective management of resources, ensuring that a significant portion of donations directly supports its programs.
The organization demonstrates impressive governance practices, with a fully independent board comprising seven members. Additionally, it has robust financial oversight, as evidenced by its perfect scores in audit and conflict of interest policies, as well as the documented minutes of board meetings. These practices contribute to a trustworthy and reliable operational structure that potential donors can feel confident about.
One of the key highlights is the program expense ratio, which stands at 80.08%, meaning that the majority of funds are allocated to its programs rather than administrative costs. With a low liabilities to assets ratio of 9.81%, Ottawa Residential Services is in a strong financial position, further reinforcing its sustainability. Overall, while the organization shows significant strengths in governance and financial management, prospective donors can appreciate its commitment to accountability in their charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Ottawa Residential Services Inc legitimate?
Ottawa Residential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ottawa Residential Services 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: $65,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,270
For more financial information, click here
Official website here: www.orsinc.org
What is the mission statement of Ottawa Residential Services Inc?
Ottawa Residential Services Inc is dedicated to providing housing solutions for individuals with disabilities. Their mission involves acquiring, managing, maintaining, and providing resources for affordable housing for mentally handicapped, developmentally disabled, and low-income citizens. These services have benefited over 100 individuals and families in the community. The organization's primary goal is to ensure that people with disabilities have access to suitable housing, thereby improving their quality of life.
Official website here: www.orsinc.org
Who is the CEO of Ottawa Residential Services Inc?
Stephanie Lowe is the Executive Di of Ottawa Residential Services Inc.
Official website here: www.orsinc.org
What is the revenue of Ottawa Residential Services Inc?
Ottawa Residential Services Inc's revenue in 2022 was $589,905.
Official website here: www.orsinc.org
Who are the executives of Ottawa Residential Services Inc and what are their salaries?
The average compensation at Ottawa Residential Services Inc during 2022 was $37,407. There are 6 employees and 7 volunteers at Ottawa Residential Services Inc.
Here are 9 key members and their salaries:
- Compensation: $65,170
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- Other: $0
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- Other: $0
Official website here: www.orsinc.org
Where can I find the form 990 for Ottawa Residential Services Inc?
Ottawa Residential Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orsinc.org
Learn more at the official website: www.orsinc.org
Mission Statement of Ottawa Residential Services Inc
Ottawa Residential Services Inc is committed to providing housing solutions for individuals with disabilities residing in Ottawa County. With a focus on affordable housing, this nonprofit organization acquires, manages, maintains, and oversees various housing resources for mentally handicapped, developmentally disabled, and low-income citizens. Through these services, Ottawa Residential Services Inc has assisted over 100 individuals and families, ensuring they have access to safe and suitable living arrangements. By offering housing solutions, this nonprofit helps to enhance the quality of life for those in need, fostering a sense of independence and community.
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Impact
July, 2024
Ottawa Residential Services Inc is making a significant impact by providing essential housing solutions for people with disabilities in Ottawa County. Through their acquisition, management, maintenance, and resource site of affordable housing, they are ensuring that mentally handicapped, developmentally disabled, and low-income citizens have a safe and secure place to call home. By offering these crucial housing services, Ottawa Residential Services Inc has positively impacted the lives of over 100 individuals and families in the community. Their dedication to providing housing solutions for those in need contributes to creating a more inclusive and supportive environment for individuals with disabilities in Ottawa County.
This information is meant to be a general summary of Ottawa Residential Services 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: $45,330
- Program Service Revenue: $214,192
- Gross Receipts: $680,135
Assets and Liabilities:
- Total Assets: $2,081,276
- Total Liabilities: $204,365
- Net Assets: $1,876,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$201,512
MANAGEMENT FEES
Revenue
$12,680
Organization Details
Founding Year
1976
Phone
(419) 734-7622Principal Officer
Stephanie Lowe
Main Address
400 W THIRD STREET, PORT CLINTON, OH, 43452
Website
www.orsinc.orgNTEE Category
Code: L20 - Housing
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