Overview
What is Ozark Housing Development Inc?
Ozark Housing Development Inc, also known as OHDI, is a nonprofit organization situated in Ozark, Alabama. With a focus on empowerment, OHDI aims to assist low to moderate income citizens in elevating their living standards. They collaborate with public housing authorities to help these individuals and the residents they serve reach a higher quality of life. OHDI's activities encompass facilitating this process, ultimately contributing to the betterment of their community with a team of 15 dedicated employees.
Official website here: www.ohdi.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating). This rating reflects the organization's overall performance based on its accountability and financial health. The score indicates that while the nonprofit demonstrates a solid level of transparency and fiscal responsibility, there are areas that require attention to improve its governance practices.
Ozark Housing Development Inc shows strengths in several key areas, including having a fully independent board and a strong program expense ratio of 100%, meaning all expenses are directed towards its programs. The organization has also maintained no material diversion of assets and has a favorable liabilities-to-assets ratio of 1.47%, indicating strong financial stability and minimal debt.
However, the nonprofit has notable limitations, such as missing essential governance policies including conflict of interest, whistleblower, and document retention policies. Furthermore, it does not post its tax form on its website as required, which detracts from its transparency efforts. Addressing these gaps could enhance the organization’s accountability and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Ozark Housing Development Inc legitimate?
Ozark Housing Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ozark Housing Development 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: $86,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,850
For more financial information, click here
Official website here: www.ohdi.net
What is the mission statement of Ozark Housing Development Inc?
Ozark Housing Development Inc's mission is centered around assisting individuals with low to moderate income levels to improve their living standards. Additionally, the organization aims to support public housing authorities in their endeavors to help their residents achieve this same goal. In essence, Ozark Housing Development Inc serves as a facilitator, working towards the betterment of income-restricted citizens and aiding public housing agencies in their efforts to uplift their residents.
Official website here: www.ohdi.net
Who is the CEO of Ozark Housing Development Inc?
James Fuller is the Secretary To The Board And Inspector of Ozark Housing Development Inc.
Official website here: www.ohdi.net
What is the revenue of Ozark Housing Development Inc?
Ozark Housing Development Inc's revenue in 2023 was $592,876.
Official website here: www.ohdi.net
Who are the executives of Ozark Housing Development Inc and what are their salaries?
The average compensation at Ozark Housing Development Inc during 2023 was $29,251. There are 15 employees at Ozark Housing Development Inc.
Here are 8 key members and their salaries:
- Compensation: $58,855
- Related: $0
- Other: $0
- Compensation: $28,057
- 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
Official website here: www.ohdi.net
Where can I find the form 990 for Ozark Housing Development Inc?
Ozark Housing Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ohdi.net
Learn more at the official website: www.ohdi.net
Mission Statement of Ozark Housing Development Inc
Ozark Housing Development Inc, as a nonprofit organization, was established with a mission to aid low to moderate income individuals in their pursuit of a better living standard. This mission extends beyond individual citizens, as the organization also aims to support public housing authorities as they strive to help their residents achieve this same goal. In essence, Ozark Housing Development Inc serves as a catalyst, assisting both individuals and public housing agencies in their collective effort to elevate the living standards of their respective communities.
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Impact
July, 2024
Ozark Housing Development Inc's impact is crucial in providing essential support to low to moderate-income citizens in Ozark, Alabama. By working to improve the living standards of those in need, OHDI plays a vital role in helping individuals and families achieve greater economic stability and social well-being. Additionally, through its collaboration with public housing agencies, OHDI contributes to the overall efforts aimed at uplifting residents and enhancing the quality of housing in the community. Its focus on housing-related initiatives underscores the organization's commitment to addressing fundamental needs and promoting inclusive development in Ozark.
This information is meant to be a general summary of Ozark Housing Development 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: $263
- Program Service Revenue: $592,613
- Gross Receipts: $592,876
Assets and Liabilities:
- Total Assets: $362,599
- Total Liabilities: $4,822
- Net Assets: $357,777
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Organization Details
Founding Year
1995
Phone
(334) 774-8210Principal Officer
James Fuller
Main Address
PO Box 1344, Ozark, AL, 36361
Website
www.ohdi.netNTEE Category
Code: L41Z - Housing
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