Overview
What is Ocl Properties Xv Inc?
Ocl Properties Xv Inc is a nonprofit organization based in Ronkonkoma, New York, with an address at 25 Howard Place, ZIP code 11779. Their primary mission is to provide housing for individuals suffering from chronic mental illness, which they achieve through Section 811 housing provided across five scattered sites. Their work, overseen by the U.S. Department of Housing and Urban Development, is dedicated to offering suitable accommodations for those in need, aiming to improve their overall quality of life.
Official website here: www.optionscl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Ocl Properties Xv Inc has achieved an impressive 97% rating from Charity Navigator, which indicates a high level of accountability and financial health. The charity's overall score is based solely on its beacon score, highlighting a strong commitment to financial transparency and governance, as evidenced by a 100% independent board and no material diversion of assets.
The organization demonstrates excellent practices in various governance areas, such as having a clear conflict of interest policy and maintaining comprehensive documentation for board activities. Additionally, its high program expense ratio of 77.43% reflects a strong focus on utilizing funds effectively for its programs rather than administrative costs.
While the data presents a favorable view of the nonprofit's operations and governance, the summary does not indicate specific areas for improvement. Overall, Ocl Properties Xv Inc stands out for its accountability and financial management, making it a potentially reliable choice for prospective donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ocl Properties Xv Inc legitimate?
Ocl Properties Xv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocl Properties Xv 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: $32,058
For more financial information, click here
Official website here: www.optionscl.org
What is the mission statement of Ocl Properties Xv Inc?
Ocl Properties Xv Inc, an organization centered around providing housing solutions, is dedicated to accommodating individuals struggling with chronic mental illness. Their mission is to offer suitable housing for those in need, as evidenced by their involvement in the U.S. Department of Housing and Urban Development's Section 811 program. Currently, they provide housing for 18 such individuals across five scattered sites. Their primary goal is to ensure that these individuals have a secure living environment, contributing positively to their overall well-being.
Official website here: www.optionscl.org
Who is the CEO of Ocl Properties Xv Inc?
Yolanda Robano-Gross is the Principal Officer of Ocl Properties Xv Inc.
Official website here: www.optionscl.org
What is the revenue of Ocl Properties Xv Inc?
Ocl Properties Xv Inc's revenue in 2022 was $128,879.
Official website here: www.optionscl.org
Who are the executives of Ocl Properties Xv Inc and what are their salaries?
There 12 volunteers at Ocl Properties Xv Inc.
Here are 16 key members and their salaries:
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- Related: $167,894
- Other: $61,230
Official website here: www.optionscl.org
Where can I find the form 990 for Ocl Properties Xv Inc?
Ocl Properties Xv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.optionscl.org
Learn more at the official website: www.optionscl.org
Mission Statement of Ocl Properties Xv Inc
Ocl Properties Xv Inc, a non-profit organization, is dedicated to providing housing for individuals who are struggling with chronic mental illness. Their mission is centered around offering a home to 18 individuals who are in need, under the auspices of the U.S. Department of Housing and Urban Development's Section 811 program. The housing provided by Ocl Properties Xv Inc is divided among five scattered sites, ensuring that those they serve have a safe and secure place to live. By offering this essential service, Ocl Properties Xv Inc is working to positively impact the lives of those struggling with mental illness, providing them with a stable foundation upon which to rebuild and recover.
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Impact
June, 2024
Ocl Properties Xv Inc's impact lies in providing crucial housing for individuals coping with chronic mental illness. By offering accommodation for 18 individuals at scattered sites in Ronkonkoma, NY, under the U.S. Department of Housing and Urban Development's Section 811 program, this organization addresses a critical need for stable and supportive living environments for those in need. Through their dedicated mission to provide housing for individuals with chronic mental illness, Ocl Properties Xv Inc plays a vital role in enhancing the well-being and quality of life for these vulnerable members of society.
This information is meant to be a general summary of Ocl Properties Xv 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: $6
- Program Service Revenue: $58,999
- Gross Receipts: $128,879
Assets and Liabilities:
- Total Assets: $2,272,197
- Total Liabilities: $22,644
- Net Assets: $2,249,553
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$58,999
Organization Details
Founding Year
2013
Phone
(631) 361-9020Principal Officer
Yolanda Robano-Gross
Main Address
25 HOWARD PLACE, RONKONKOMA, NY, 11779
Website
www.optionscl.orgNTEE Category
Code: F33 - Mental health
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