nonprofit logo

Cedar Oaks Inc

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

EIN: 341552541 ✦ Akron, OH ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Cedar Oaks Inc?

Cedar Oaks Inc is a nonprofit organization situated in Akron, Ohio, with a single employee. Their primary mission is to provide housing and related facilities and services for elderly and low-income families and individuals on a non-profit basis. Specifically, they focus on offering housing for elderly and physically handicapped individuals in Canton, Ohio, operating a 40-unit rental property for this purpose.

Is Cedar Oaks Inc legitimate?

Cedar Oaks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Oaks 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,570

For more financial information, click here

What is the mission statement of Cedar Oaks Inc?

Cedar Oaks Inc's mission is centered around providing housing and necessary facilities and services for elderly and physically handicapped individuals. Their primary objective is to operate a 40-unit rental property, serving as a home for these individuals. Their mission is carried out on a non-profit basis, demonstrating their commitment to supporting vulnerable members of society. The organization's goal is to offer a safe and suitable living environment for these individuals, ensuring their well-being and independence.

Who is the CEO of Cedar Oaks Inc?

Gary Hagen is the President of Cedar Oaks Inc.

What is the revenue of Cedar Oaks Inc?

Cedar Oaks Inc's revenue in 2022 was $359,504.

Who are the executives of Cedar Oaks Inc and what are their salaries?

The average compensation at Cedar Oaks Inc during 2022 was $66,570. There is 1 employee at Cedar Oaks Inc.


Here are 6 key members and their salaries:


Bryan C Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Weber (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Arnold (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Reed (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Dennis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Hagen (Executive Director)
  • Compensation: $0
  • Related: $66,000
  • Other: $0
Where can I find the form 990 for Cedar Oaks Inc?

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

Mission Statement of Cedar Oaks Inc

Cedar Oaks Inc, a non-profit organization, is dedicated to providing housing solutions for elderly and physically handicapped individuals. Their mission is to operate a 40-unit rental property, serving as a sanctuary for these individuals in need. The primary goal of Cedar Oaks Inc is to offer housing, along with necessary facilities and services, on a non-profit basis. This commitment ensures that low-income families and individuals can access suitable living accommodations, providing them with a dignified and secure living environment.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Cedar Oaks Inc plays a crucial role in improving the quality of life for elderly and physically handicapped individuals in Canton, Ohio. By providing 40 rental units specifically designed for these vulnerable populations, Cedar Oaks Inc addresses a significant need for accessible and affordable housing.

The organization not only offers shelter but also creates a supportive community environment that enables residents to thrive. By focusing on low-income families and individuals, Cedar Oaks Inc ensures that financial barriers do not prevent access to safe and adequate housing. The facilities and services provided are tailored to meet the unique needs of its residents, enhancing their overall well-being and independence.

Cedar Oaks Inc's commitment to housing solutions fosters stability and dignity for its residents, contributing positively to the community by ensuring that some of its most marginalized members have a place to call home.




This information is meant to be a general summary of Cedar Oaks 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
$359,504 (2022)
Expenses
$340,889 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66
  • Program Service Revenue: $135,956
  • Gross Receipts: $359,504

Assets and Liabilities:

  • Total Assets: $893,804
  • Total Liabilities: $1,357,158
  • Net Assets: -$463,354

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

RENTAL INCOME

Revenue

$135,201

TENANT CHARGES

Revenue

$755

Organization Details

Founding Year

1987

Principal Officer

Gary Hagen

Main Address

201 WEST CHESTNUT STREET, AKRON, OH, 44307

NTEE Category

Code: L22Z - Housing

If you are a representative of Cedar Oaks Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.