Ollie Community Retirement Corp

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

EIN: 421111103 ✦ North english, IA ✦ Designated as a 501(c)(4)

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Overview

What is Ollie Community Retirement Corp?

Ollie Community Retirement Corp is a nonprofit organization that focuses on offering housing solutions for low-income families. With a capacity of 12 units, they provide income-based housing, ensuring that the community's economically disadvantaged residents have access to suitable living conditions. Their mission is centered around supporting and accommodating families in need, making a significant impact on the local community.

Is Ollie Community Retirement Corp legitimate?

Ollie Community Retirement Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Ollie Community Retirement Corp submitted a form 990EZ, 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.

What is the mission statement of Ollie Community Retirement Corp?

Ollie Community Retirement Corp's mission is centered around providing affordable housing. Specifically, they offer 12 units of income-based housing, catering to families with limited financial resources. This organization is committed to making housing accessible for low-income individuals, thereby contributing to their well-being. Their focus on income-based housing is a testament to their dedication to social equality and ensuring that everyone has a place to call home.

Who is the CEO of Ollie Community Retirement Corp?

Dave Gentry is the President of Ollie Community Retirement Corp.

What is the revenue of Ollie Community Retirement Corp?

Ollie Community Retirement Corp's revenue in 2022 was $58,666.

Who are the executives of Ollie Community Retirement Corp and what are their salaries?


Here are 3 key members and their salaries:


Dave Gentry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Heisdorffer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wonderlich (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ollie Community Retirement Corp?

Ollie Community Retirement Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Ollie Community Retirement Corp

Ollie Community Retirement Corp is an organization dedicated to providing housing solutions for low-income individuals and families. Their mission is centered around offering 12 units of income-based housing, ensuring that these units are accessible to those in need. This nonprofit organization is committed to making a difference in the lives of its residents by providing them with affordable housing options. The 12 units serve as a beacon of hope and stability for families who might otherwise struggle to secure adequate housing. By focusing on income-based housing, Ollie Community Retirement Corp is able to make a tangible impact in its community, providing a much-needed service that can significantly improve the quality of life for its residents.

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Impact




October, 2024

Ollie Community Retirement Corp significantly impacts the North English community by providing essential housing solutions for low-income families. With 12 income-based housing units, it addresses the pressing need for affordable living accommodations, ensuring that families have access to stable homes. This support not only helps alleviate the financial burden on vulnerable households but also fosters a sense of community and stability for those who may otherwise struggle to secure safe and decent housing. By focusing on low-income individuals and families, Ollie Community Retirement Corp plays a vital role in creating a more equitable living environment in the area. Its commitment to providing housing contributes to improved quality of life, increased opportunities for residents, and a stronger, more supportive community.




This information is meant to be a general summary of Ollie Community Retirement Corp. 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
$58,666 (2022)
201120122013201420152016201720182019202020212022$0$25,000$50,000$75,000$100k
Expenses
$51,502 (2022)
201120122013201420152016201720182019202020212022$0$25,000$50,000$75,000$100k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $52
  • Program Service Revenue: $58,614
  • Gross Receipts: $58,666

Assets and Liabilities:

  • Total Assets: $190,415
  • Total Liabilities: $124,668
  • Net Assets: $65,747

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Organization Details

Principal Officer

Dave Gentry

Main Address

PO BOX 96, NORTH ENGLISH, IA, 52316

NTEE Category

Code: L22 - Housing

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