Overview
What is Ocl Properties Ix Inc?
Ocl Properties Ix Inc is a nonprofit organization situated in Ronkonkoma, New York, specifically at 25 Howard Place. Their primary mission is to provide housing for individuals struggling with chronic mental illness. This mission is carried out under the auspices of the U.S. Department of Housing and Urban Development's Section 811 program, which enables them to house their residents at four scattered locations. Their work is focused on enhancing the living conditions and support systems for these individuals, contributing positively to their overall well-being.
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 Ix Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. This high score is primarily due to its perfect marks in several key areas, including having a fully independent board and no material diversion of assets. The organization has also demonstrated transparency by listing its website on its tax form and adhering to conflict of interest and whistleblower policies.
The organization maintains a solid program expense ratio of 74.77%, which indicates that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the low liabilities to assets ratio of 3.87% suggests a healthy financial position, allowing for better sustainability and impact over time. These factors contribute to a trustworthy image and a solid foundation for continued growth and effectiveness.
While the data reflects strong governance and financial practices, there are no specific user reviews or additional feedback available that provide insight into the operational aspects or community impact of Ocl Properties Ix Inc. This absence of qualitative assessments means that while the financials are robust, potential donors may want to investigate further into the organization’s program outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Ocl Properties Ix Inc legitimate?
Ocl Properties Ix Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocl Properties Ix 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: $26,315
For more financial information, click here
Official website here: www.optionscl.org
What is the mission statement of Ocl Properties Ix Inc?
Ocl Properties Ix Inc is committed to providing housing for individuals struggling with chronic mental illness. Their mission is clearly outlined as such, with a focus on offering housing solutions for this specific group of people. This is achieved through their participation in the U.S. Department of Housing and Urban Development's Section 811 program. Currently, they are providing housing for 13 individuals with chronic mental illness at four different locations, scattered across the area. The organization's primary objective is to ensure that these individuals have a stable living environment to support their recovery and overall well-being.
Official website here: www.optionscl.org
What is the revenue of Ocl Properties Ix Inc?
Ocl Properties Ix Inc's revenue in 2023 was $122,482.
Official website here: www.optionscl.org
Who are the executives of Ocl Properties Ix Inc and what are their salaries?
There 11 volunteers at Ocl Properties Ix Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $310,290
- Other: $39,634
- 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: $181,674
- Other: $66,067
Official website here: www.optionscl.org
Where can I find the form 990 for Ocl Properties Ix Inc?
Ocl Properties Ix Inc's most recent form 990 was submitted in 2023 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 Ix Inc
Ocl Properties Ix Inc, a nonprofit organization, is dedicated to providing housing for individuals struggling with chronic mental illness. Their primary mission is to ensure that these individuals have a safe and stable living environment. Under the U.S. Department of Housing and Urban Development's Section 811 program, Ocl Properties Ix Inc currently houses 13 individuals with chronic mental illness at four scattered sites. The organization's commitment to this cause is evident in its housing provision, aiming to improve the quality of life for those in need.
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
October, 2024
Ocl Properties Ix Inc plays a crucial role in addressing the housing needs of individuals with chronic mental illness. By providing stable and supportive housing for 13 residents through the U.S. Department of Housing and Urban Development's Section 811 program, the organization helps to ensure that this vulnerable population has access to safe living environments. The scattered site model allows residents to integrate into the community while receiving the necessary support, promoting independence and enhancing their quality of life. This initiative not only addresses immediate housing challenges but also contributes to broader efforts aimed at improving mental health outcomes and fostering social inclusion in Ronkonkoma, NY.
This information is meant to be a general summary of Ocl Properties Ix 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 2023.
- Investment Income: $3
- Program Service Revenue: $53,909
- Gross Receipts: $122,482
Assets and Liabilities:
- Total Assets: $1,009,378
- Total Liabilities: $39,084
- Net Assets: $970,294
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.
RENT REVENUE
Revenue
$53,909
Organization Details
Founding Year
2004
Principal Officer
Yolanda Robano-Gross
Website
www.optionscl.orgNTEE Category
Code: L20 - Housing
If you are a representative of Ocl Properties Ix Inc 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.