Overview
What is Empowering And Strengthening Ohio's People Inc?
Empowering and Strengthening Ohio's People Inc., often referred to as ESOP, is a dedicated nonprofit organization based in Cleveland, Ohio. Its primary mission is to empower adults at various stages of life, helping them attain and sustain financial wellness and housing stability. ESOP achieves this through HUD-approved housing and financial counseling and education, as well as benefits enrollment assistance. By offering these services, ESOP aims to provide a solid foundation for individuals, enabling them to navigate their lives with confidence and resilience.
Official website here: www.esop-cleveland.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Empowering And Strengthening Ohio's People Inc has received a Three-Star out of Four Star rating, reflecting a solid performance in accountability and finance. The organization has an impressive score of 81%, which is derived entirely from its Accountability & Finance metrics. This high rating indicates a commitment to maintaining transparency and responsible financial practices.
The nonprofit excels in various aspects of accountability, including having a fully independent board, with all eight members meeting independence criteria. The organization also scores perfectly in areas such as financial statements oversight and conflict of interest policies, demonstrating a robust framework for governance. Additionally, a significant portion of its funds, 82.07%, is directed toward program expenses, highlighting its dedication to fulfilling its mission effectively.
However, while the overall financial practices are commendable, some stakeholders may seek further information on program outcomes and impact, as the rating does not provide insights into the effectiveness of its programs. The compensation for key personnel is also notable, with the CEO earning $286,707, which may raise questions about salary structures in relation to the nonprofit's mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Empowering And Strengthening Ohio's People Inc legitimate?
Empowering And Strengthening Ohio's People Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empowering And Strengthening Ohio's People 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: $743,005
For more financial information, click here
Official website here: www.esop-cleveland.org/
What is the mission statement of Empowering And Strengthening Ohio's People Inc?
Empowering and Strengthening Ohio's People Inc., often referred to as ESOP, is an organization dedicated to assisting adults in various stages of life. Its primary mission is to help these individuals achieve and sustain financial wellness and housing stability. ESOP accomplishes this goal by providing HUD-approved housing counseling and education, as well as financial counseling and education services. Furthermore, ESOP offers assistance in enrolling for benefits. The organization's aim is to empower adults to manage their finances effectively and secure stable housing, thereby enhancing their overall quality of life.
Official website here: www.esop-cleveland.org/
Who is the CEO of Empowering And Strengthening Ohio's People Inc?
Orion H Bell Iv is the Principal Officer of Empowering And Strengthening Ohio's People Inc. The CEO's salary of Empowering And Strengthening Ohio's People Inc is $0 and their total compensation is $325,456.
Official website here: www.esop-cleveland.org/
What is the revenue of Empowering And Strengthening Ohio's People Inc?
Empowering And Strengthening Ohio's People Inc's revenue in 2022 was $1,081,888.
Official website here: www.esop-cleveland.org/
Who are the executives of Empowering And Strengthening Ohio's People Inc and what are their salaries?
There 11 volunteers at Empowering And Strengthening Ohio's People Inc.
Here are 15 key members and their salaries (Empowering And Strengthening Ohio's People Inc's CEO's salary is $0 and their total compensation is $325,456):
- Compensation: $0
- Related: $286,707
- Other: $38,749
- Compensation: $0
- Related: $167,002
- Other: $27,909
- Compensation: $0
- Related: $161,980
- Other: $25,198
- Compensation: $0
- Related: $140,249
- Other: $22,870
- 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: $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: $0
- Other: $0
Official website here: www.esop-cleveland.org/
Where can I find the form 990 for Empowering And Strengthening Ohio's People Inc?
Empowering And Strengthening Ohio's People Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.esop-cleveland.org/
Learn more at the official website: www.esop-cleveland.org/
Mission Statement of Empowering And Strengthening Ohio's People Inc
Empowering and Strengthening Ohio's People (ESOP) is an organization dedicated to aiding adults at various stages of life in achieving and maintaining financial stability and secure housing. Their mission, in essence, is to empower these individuals, offering assistance through HUD-approved housing and financial counseling and education, as well as benefits enrollment assistance. By providing these services, ESOP aims to help adults in Ohio achieve and sustain financial well-being, ultimately securing their housing stability.
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Impact
October, 2024
Empowering and Strengthening Ohio's People Inc. plays a crucial role in enhancing the financial wellness and housing stability of adults across all life stages. Through HUD-approved housing and financial counseling, as well as education initiatives, the organization empowers individuals with the knowledge and skills necessary to manage their finances effectively. By providing benefits enrollment assistance, it helps ensure that community members have access to essential resources and support. This comprehensive approach enables adults to achieve greater stability in their housing situations, ultimately fostering healthier, more resilient communities.
This information is meant to be a general summary of Empowering And Strengthening Ohio's People 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: $3
- Program Service Revenue: $8,531
- Gross Receipts: $1,094,993
Assets and Liabilities:
- Total Assets: $447,573
- Total Liabilities: $947,299
- Net Assets: -$499,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME
Revenue
$8,531
Organization Details
Founding Year
1993
Phone
(216) 361-0718Principal Officer
Orion H Bell Iv
Main Address
11890 FAIRHILL ROAD, CLEVELAND, OH, 44120
Website
www.esop-cleveland.org/NTEE Category
Code: L018 - Housing
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