Overview
What is Western Reserve Community?
Western Reserve Community is a nonprofit organization situated in Concord Township, Ohio, with a focus on improving the living conditions of low-income individuals. They specialize in acquiring vacant land and foreclosed properties, then constructing and rehabilitating affordable homes for these individuals. The organization extends its services beyond home construction, providing home rehabilitation for low-income, elderly, and long-term disabled people. With a mission to enhance the quality of life in the community, Western Reserve Community operates with a team of five dedicated employees, aiming to not only offer affordable housing but also improve the overall neighborhoods.
Official website here: www.wrcd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Western Reserve Community has received an 88% score from Charity Navigator, reflecting a solid performance in the area of Accountability & Finance. This rating indicates that the organization exhibits strong financial practices, with a focus on transparency and responsible management of funds. The charity has achieved full marks for several metrics, including a completely independent board and effective oversight of financial statements.
The organization demonstrates a commendable commitment to accountability, as shown by its high program expense ratio of 97.01%, suggesting that a significant portion of funding goes directly towards its mission. Additionally, the absence of any material asset diversion and the presence of necessary governance policies further illustrate its operational integrity. However, it is noted that the whistleblower policy is missing, which could be a potential area for improvement.
Overall, Western Reserve Community stands out for its strong financial health and governance practices. While the absence of certain policies may raise some concerns, the charity's overall score highlights its dedication to ethical management and the effective use of resources for its programs. This positions the organization favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Western Reserve Community legitimate?
Western Reserve Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Reserve Community 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: $17,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,994
For more financial information, click here
Official website here: www.wrcd.org
What is the mission statement of Western Reserve Community?
The Western Reserve Community, as an organization, is dedicated to improving living standards by offering affordable housing options and enhancing neighborhoods. They accomplish this by acquiring vacant land and foreclosed properties, then constructing and rehabilitating low-cost homes for individuals with low income. Additionally, they provide home rehabilitation services to the elderly, long-term disabled, and low-income individuals, ensuring that these communities are well-maintained and livable. By offering these services, the Western Reserve Community aims to contribute positively to the overall quality of life in the community they serve.
Official website here: www.wrcd.org
Who is the CEO of Western Reserve Community?
Maureen Dolan is the Executive Di of Western Reserve Community.
Official website here: www.wrcd.org
What is the revenue of Western Reserve Community?
Western Reserve Community's revenue in 2022 was $712,402.
Official website here: www.wrcd.org
Who are the executives of Western Reserve Community and what are their salaries?
The average compensation at Western Reserve Community during 2022 was $19,649. There are 5 employees at Western Reserve Community.
Here are 10 key members and their salaries:
- Compensation: $17,250
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.wrcd.org
Where can I find the form 990 for Western Reserve Community?
Western Reserve Community's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wrcd.org
Learn more at the official website: www.wrcd.org
Mission Statement of Western Reserve Community
Western Reserve Community, a nonprofit organization, is committed to improving the quality of life for its community members. They achieve this by providing affordable housing options and working to enhance neighborhoods. The organization acquires vacant land and foreclosed properties, then constructs and rehabilitates low-cost homes. These houses are sold to low-income individuals, contributing to a more affordable housing market. Additionally, Western Reserve Community offers home rehabilitation services to low-income, elderly, and long-term disabled persons, ensuring that their living spaces remain safe and functional. By focusing on housing and neighborhood improvement, this nonprofit plays a crucial role in uplifting the lives of its community members.
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Impact
October, 2024
Western Reserve Community significantly enhances the quality of life in Concord Township, Ohio, by focusing on affordable housing and neighborhood improvement. By acquiring vacant land and foreclosed properties, the organization constructs and rehabilitates low-cost homes specifically designed for low-income individuals and families. This not only addresses housing scarcity but also revitalizes underdeveloped areas, fostering community growth.
Additionally, Western Reserve Community offers rehabilitation services targeted at low-income, elderly, and long-term disabled individuals. This assistance ensures that some of the most vulnerable members of the community have safe and stable living conditions, which contributes to their overall well-being. Through these efforts, the organization plays a crucial role in building a healthier, more engaged community where residents can thrive.
This information is meant to be a general summary of Western Reserve Community. 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: $57
- Program Service Revenue: $158,809
- Gross Receipts: $712,402
Assets and Liabilities:
- Total Assets: $2,424,181
- Total Liabilities: $58,647
- Net Assets: $2,365,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$158,809
Organization Details
Founding Year
1993
Phone
(440) 357-4400Principal Officer
Maureen Dolan
Main Address
9920 JOHNNYCAKE RIDGE ROAD, CONCORD TWP, OH, 44060
Website
www.wrcd.orgNTEE Category
Code: S20Z - Community improvement
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