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Wood Lane Residential Properties

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

EIN: 341920331 ✦ Bowling green, OH ✦ Designated as a 501(c)(3)

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Overview

What is Wood Lane Residential Properties?

Wood Lane Residential Properties is a nonprofit organization situated in Bowling Green, Ohio, specifically at 545 Pearl Street. Their primary mission is to offer safe and affordable housing to adults with intellectual or developmental disabilities residing in Wood County. Through their activities, they aim to provide a supportive living environment for these individuals, promoting their overall well-being and independence.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Wood Lane Residential Properties has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has a perfect score in key areas, including independent board governance and financial audits, indicating a solid commitment to transparency and responsible management of resources. With a program expense ratio of 96.58%, the majority of funds are directed towards its mission-driven programs.

The organization benefits from a fully independent board, which enhances its credibility and governance structure. This independence, along with effective policies on conflict of interest and document retention, showcases a robust framework for ethical operations. Additionally, the absence of any material diversion of assets further reinforces the integrity of its financial practices.

While Wood Lane Residential Properties demonstrates exemplary financial accountability, the summary does not provide detailed insights into programmatic outcomes or user feedback. As such, while the financial health appears strong, potential donors may seek further information on the impact of its services to fully assess overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Wood Lane Residential Properties legitimate?

Wood Lane Residential Properties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wood Lane Residential Properties 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

For more financial information, click here

What is the mission statement of Wood Lane Residential Properties?

Wood Lane Residential Properties is committed to providing safe and affordable housing for individuals with intellectual or developmental disabilities. Their mission is centered around offering a home environment that caters to this specific group of adults, ensuring their well-being and comfort. Through the rental of homes at reasonable costs, they aim to provide a living space that is accessible and suitable for these individuals, thereby enhancing their quality of life. The organization's focus is on creating an inclusive housing solution, promoting independence and dignity for those with intellectual or developmental disabilities.

Who is the CEO of Wood Lane Residential Properties?

Jessica Blakely is the Chair of Wood Lane Residential Properties. The CEO's salary of Wood Lane Residential Properties is $0 and their total compensation is $186,742.

What is the revenue of Wood Lane Residential Properties?

Wood Lane Residential Properties's revenue in 2022 was $1,218,622.

Who are the executives of Wood Lane Residential Properties and what are their salaries?

There 5 volunteers at Wood Lane Residential Properties.


Here are 7 key members and their salaries (Wood Lane Residential Properties's CEO's salary is $0 and their total compensation is $186,742):


Randy Sanner (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris North (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Yager (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Huffman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Aspacher (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Blakely (Ceo)
  • Compensation: $0
  • Related: $156,564
  • Other: $30,178
Tonia Peters (Cfo)
  • Compensation: $0
  • Related: $89,669
  • Other: $3,796
Where can I find the form 990 for Wood Lane Residential Properties?

Wood Lane Residential Properties's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wood Lane Residential Properties

Wood Lane Residential Properties, a nonprofit organization, is committed to providing a safe and affordable living environment for individuals with intellectual or developmental disabilities. Their mission is to offer low-cost housing solutions in Wood County, ensuring that these individuals have a secure place to call home. By renting out homes at reasonable prices, Wood Lane Residential Properties aims to empower and support adults with intellectual or developmental disabilities, contributing to their overall well-being and quality of life.

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Impact




October, 2024

Wood Lane Residential Properties significantly impacts the community by providing safe and low-cost housing for individuals with intellectual or developmental disabilities in Wood County, Ohio. By renting homes at affordable rates, they ensure that adults with these disabilities have access to stable living environments that foster independence and a sense of belonging. This initiative not only enhances the quality of life for residents but also promotes inclusivity within the community. By addressing the housing needs of this often underserved population, Wood Lane Residential Properties plays a crucial role in empowering individuals, supporting their well-being, and contributing to a more equitable society.




This information is meant to be a general summary of Wood Lane Residential Properties. 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
$1,218,622 (2022)
Expenses
$1,064,999 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $110,205
  • Program Service Revenue: $599,887
  • Gross Receipts: $1,279,439

Assets and Liabilities:

  • Total Assets: $7,185,476
  • Total Liabilities: $2,823,873
  • Net Assets: $4,361,603

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Programs

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

RENTAL INCOME

Revenue

$599,887

Organization Details

Founding Year

1999

Principal Officer

Jessica Blakely

Main Address

545 PEARL STREET, BOWLING GREEN, OH, 43402

NTEE Category

Code: L25 - Housing

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