Overview
What is Orrvilla Inc?
Orrvilla Inc is a nonprofit organization situated in Orrville, Ohio, dedicated to retirement living. They offer a comprehensive range of programs and services designed to assist elderly individuals. This retirement community, comprising 83 units, is their primary facility. The organization's mission is multifaceted, encompassing the establishment, maintenance, and provision of retirement living facilities, as well as the promotion and development of supportive programs and services for the aging population.
Official website here: www.orrvilla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars
Orrvilla Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 54% overall, reflecting a mix of strengths, such as having a fully independent board and no material diversion of assets, which suggests a commitment to governance. However, the lack of essential policies, including conflict of interest and whistleblower protections, raises questions about its operational transparency and integrity.
Despite a high program expense ratio of nearly 90%, which indicates that most funds are directed toward programs rather than administrative costs, the liabilities to assets ratio of 77.64% is alarming. This suggests that the organization may be over-leveraged, potentially compromising its financial stability. Additionally, the absence of key documents and policies on its website undermines stakeholder confidence regarding its governance practices.
In summary, while Orrvilla Inc demonstrates some positive governance attributes, the overall low rating highlights serious flaws in its financial management and transparency. Without addressing these critical areas, the organization may struggle to gain the trust and support of donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Orrvilla Inc legitimate?
Orrvilla Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orrvilla 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: $73,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,280,022
For more financial information, click here
Official website here: www.orrvilla.org
What is the mission statement of Orrvilla Inc?
Orrvilla Inc's mission is centered around retirement housing development. The organization strives to organize, establish, and maintain facilities for retirement living. Furthermore, they aim to promote and provide a comprehensive array of programs and services to aid the elderly. Their goal is to ensure a holistic support system for the aging population, offering them assistance in their daily lives.
Official website here: www.orrvilla.org
Who is the CEO of Orrvilla Inc?
Myron Weaver is the President of Orrvilla Inc.
Official website here: www.orrvilla.org
What is the revenue of Orrvilla Inc?
Orrvilla Inc's revenue in 2022 was $2,861,710.
Official website here: www.orrvilla.org
Who are the executives of Orrvilla Inc and what are their salaries?
The average compensation at Orrvilla Inc during 2022 was $17,804. There are 76 employees and 35 volunteers at Orrvilla Inc.
Here are 8 key members and their salaries:
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- Compensation: $100,837
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- Other: $20,963
Official website here: www.orrvilla.org
Where can I find the form 990 for Orrvilla Inc?
Orrvilla Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orrvilla.org
Learn more at the official website: www.orrvilla.org
Mission Statement of Orrvilla Inc
Orrvilla Inc, a nonprofit organization, is dedicated to organizing, establishing, and maintaining facilities for retirement living. Its mission extends beyond just providing housing; it aims to promote and develop a comprehensive range of programs and services to support the needs of the aging population. This organization strives to assist individuals in their golden years, offering them a complete suite of resources to enhance their quality of life.
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Impact
October, 2024
Orrvilla Inc significantly impacts the community by providing essential retirement housing options and services for aging individuals. With its 83 units located in Orrville, OH, it offers a dedicated space for seniors to live comfortably and securely.
The organization not only focuses on housing but also emphasizes a holistic approach to retirement living. By promoting a comprehensive range of programs and services, Orrvilla Inc ensures that residents receive the support they need for a fulfilling life as they age. This includes social activities, health and wellness programs, and access to resources that enhance the quality of life for its residents.
Through its mission, Orrvilla creates a nurturing environment that fosters community connections among seniors, helps families feel at ease, and addresses the unique challenges faced by the aging population. This commitment to service and development highlights the crucial role Orrvilla Inc plays in supporting individuals in their retirement years.
This information is meant to be a general summary of Orrvilla 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: $36,677
- Program Service Revenue: $2,743,633
- Gross Receipts: $2,877,045
Assets and Liabilities:
- Total Assets: $6,475,181
- Total Liabilities: $4,886,361
- Net Assets: $1,588,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$2,519,760
EXPIRED LEASE FEES
Revenue
$223,873
Organization Details
Founding Year
1976
Phone
(330) 683-4455Principal Officer
Myron Weaver
Main Address
425 ORRVILLA DR, ORRVILLE, OH, 446672427
Website
www.orrvilla.orgNTEE Category
Code: L22Z - Housing
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