Overview
What is The Oaks Foundation Inc?
The Oaks Foundation Inc, located in Sebring, Ohio, serves as a philanthropic entity that distributes funds to non-profit organizations. Their primary mission is to support organizations that provide housing, healthcare, and medical services specifically for a retirement community. By doing so, they contribute to the well-being and comfort of elderly individuals in this specific demographic, ensuring they have access to necessary resources and care.
Is The Oaks Foundation Inc legitimate?
The Oaks Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Oaks Foundation 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: $0
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What is the mission statement of The Oaks Foundation Inc?
The Oaks Foundation Inc's mission is centered around distributing funds to non-profit organizations. These organizations utilize the funds to provide housing, healthcare, and medical services specifically for individuals residing in a retirement community. By supporting these organizations, The Oaks Foundation Inc aims to enhance the quality of life for retirees, ensuring they receive necessary care and services. The foundation's mission reflects a commitment to the well-being and comfort of senior citizens in retirement communities.
Who is the CEO of The Oaks Foundation Inc?
Beth Hoyt is the Director of The Oaks Foundation Inc. The CEO's salary of The Oaks Foundation Inc is $0 and their total compensation is $20,446.
What is the revenue of The Oaks Foundation Inc?
The Oaks Foundation Inc's revenue in 2022 was $728,406.
Who are the executives of The Oaks Foundation Inc and what are their salaries?
There 20 volunteers at The Oaks Foundation Inc.
Here are 7 key members and their salaries (The Oaks Foundation Inc's CEO's salary is $0 and their total compensation is $20,446):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $107,215
- Other: $0
- Compensation: $0
- Related: $18,385
- Other: $2,061
Where can I find the form 990 for The Oaks Foundation Inc?
The Oaks Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Oaks Foundation Inc
The Oaks Foundation Inc is dedicated to supporting non-profit organizations in their mission to provide housing, healthcare, and medical services for a retirement community. By distributing funds to these organizations, The Oaks Foundation Inc plays a crucial role in ensuring that senior citizens have access to the necessary resources they need to live comfortably and maintain their health in their later years. The foundation's mission is to make a significant impact in the lives of retirees by supporting organizations that prioritize their well-being and overall quality of life. By providing funding for housing, healthcare, and medical services, The Oaks Foundation Inc is committed to enhancing the living conditions of retirees and ensuring that they have access to the necessary medical care to maintain their health and independence as they age.
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Impact
October, 2024
The Oaks Foundation Inc plays a vital role in enhancing the quality of life for seniors by channeling funds to nonprofit organizations that deliver essential housing, healthcare, and medical services tailored for a retirement community. By supporting these organizations, The Oaks Foundation ensures that elderly residents have access to safe and comfortable living conditions, as well as necessary medical care and services that promote their overall well-being.
Operating out of Sebring, Ohio, The Oaks Foundation's efforts significantly contribute to the sustainability and growth of retirement services, allowing seniors to thrive in a supportive environment. Their mission not only addresses immediate needs but also fosters a community that values the dignity and health of older adults, thereby having a lasting impact on the lives of many.
This information is meant to be a general summary of The Oaks Foundation 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: $206,117
- Gross Receipts: $1,111,565
Assets and Liabilities:
- Total Assets: $6,499,256
- Total Liabilities: $123,442
- Net Assets: $6,375,814
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Organization Details
Founding Year
1993
Phone
(330) 938-6126Principal Officer
Beth Hoyt
Main Address
715 S JOHNSON RD, SEBRING, OH, 446721709
NTEE Category
Code: T00 - Philanthropy
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