Overview
What is The Wayside Housing Corporation?
The Wayside Housing Corporation is a nonprofit organization situated in Avon, Ohio. Their primary mission is to provide residential care for individuals with physical disabilities, mental retardation, and developmental disorders. They achieve this by acquiring and managing real property, either through purchase, gift, or other means. The corporation's purpose is to maintain and operate these properties, offering a supportive environment for these individuals, regardless of their race, creed, color, or national origin. They also hold the right to acquire and hold any other property, real or personal, to further their objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Wayside Housing Corporation has achieved an impressive score of 94%, reflecting its strong commitment to accountability and finance management. This rating is based entirely on the organization's financial practices, indicating a high level of transparency and responsibility in its operations. The organization boasts a fully independent board, with 71% of its members being independent, which enhances its governance and oversight capabilities.
A significant strength of The Wayside Housing Corporation is its high program expense ratio of 84.3%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization demonstrates effective policies such as conflict of interest and whistleblower protections, ensuring ethical practices are upheld.
While the organization shows no material diversion of assets and maintains a healthy liabilities-to-assets ratio of 47.36%, which is favorable, it remains important for ongoing evaluations to monitor any potential changes in financial health and program effectiveness. Overall, The Wayside Housing Corporation is positioned as a reliable and responsible nonprofit, committed to its mission and the welfare of its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is The Wayside Housing Corporation legitimate?
The Wayside Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wayside Housing Corporation 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 The Wayside Housing Corporation?
The Wayside Housing Corporation's mission is to acquire and manage real estate and associated properties to provide a residential environment for individuals with mental retardation, physical disabilities, and developmental disabilities, regardless of their race, creed, color, or national origin. The organization seeks to accomplish this by purchasing, gifting, or otherwise acquiring properties and holding them in trust for its purposes. It also takes in property through bequest, devise, gift, purchase, or lease, to further its objectives of caring for these individuals.
Who is the CEO of The Wayside Housing Corporation?
Terry Davis is the Pres/Ceo of The Wayside Housing Corporation. The CEO's salary of The Wayside Housing Corporation is $0 and their total compensation is $373,643.
What is the revenue of The Wayside Housing Corporation?
The Wayside Housing Corporation's revenue in 2022 was $467,765.
Who are the executives of The Wayside Housing Corporation and what are their salaries?
Here are 7 key members and their salaries (The Wayside Housing Corporation's CEO's salary is $0 and their total compensation is $373,643):
- Compensation: $0
- Related: $343,966
- Other: $29,677
- Compensation: $0
- Related: $140,938
- Other: $19,508
- 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
Where can I find the form 990 for The Wayside Housing Corporation?
The Wayside Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Wayside Housing Corporation
The Wayside Housing Corporation is dedicated to acquiring and maintaining real estate and associated properties for the purpose of providing a residential environment for individuals who are mentally retarded, physically handicapped, or developmentally disabled. Regardless of their race, creed, color, or national origin, these individuals are offered care and support within this nurturing environment. The organization also has the capacity to obtain property through various means, including bequest, devise, gift, purchase, or lease, all in service of its mission.
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
July, 2024
The Wayside Housing Corporation's impact lies in its dedication to acquiring and managing residential real property for the care of physically handicapped and developmentally disabled persons in a residential environment. By providing this specialized housing, regardless of race, creed, color, and national origin, the corporation contributes to enhancing the quality of life for individuals with disabilities. Their mission underscores their commitment to maintaining and operating real property for the well-being and support of these vulnerable populations.
This information is meant to be a general summary of The Wayside Housing Corporation. 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.
- Program Service Revenue: $393,845
- Gross Receipts: $467,765
Assets and Liabilities:
- Total Assets: $3,163,269
- Total Liabilities: $1,588,988
- Net Assets: $1,574,281
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
$393,845
Organization Details
Founding Year
2000
Phone
(440) 934-6152Principal Officer
Terry Davis
Main Address
38023 COLORADO AVE, AVON, OH, 44011
NTEE Category
Code: L20 - Housing
If you are a representative of The Wayside Housing Corporation 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.