Overview
What is Okeechobee Non Profit Housing Inc?
Okeechobee Non Profit Housing Inc is a dedicated organization based in Okeechobee, Florida. Their primary mission is to cater to the community's needs by developing El Mirasol Gardens, a 15-unit rental housing complex specifically designed for farmworkers. The nonprofit is committed to ensuring safe and affordable living spaces for these migrant workers by providing essential administrative support. Their work is instrumental in enhancing the quality of life for this vital workforce within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (65%)
Okeechobee Non Profit Housing Inc has received a two-star rating from Charity Navigator, indicating that there are several areas for improvement. While the organization excels in areas such as having a fully independent board and a high program expense ratio of 98.05%, it faces significant challenges with a liabilities to assets ratio of 120.47%. This suggests financial instability, which may impact its long-term sustainability.
The nonprofit has demonstrated strong accountability through its governance practices, with perfect scores for board independence, size, and documentation of meeting minutes. However, the lack of essential policies such as a whistleblower policy and the absence of required financial documents on its website raise concerns about transparency and accountability.
Overall, while Okeechobee Non Profit Housing Inc shows strengths in programmatic spending and governance, the financial metrics and missing compliance documents highlight critical areas that need attention to enhance the organization's effectiveness and trustworthiness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Okeechobee Non Profit Housing Inc legitimate?
Okeechobee Non Profit Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Okeechobee Non Profit Housing 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: $5,265
For more financial information, click here
What is the mission statement of Okeechobee Non Profit Housing Inc?
Okeechobee Non-Profit Housing Inc., as part of its mission, develops and manages El Mirasol Gardens, a 15-unit rental housing complex, catering to the needs of farm workers. The organization's primary objective is to provide affordable and safe housing solutions for migrant workers. In addition, they offer administrative support to ensure the smooth operation and maintenance of these accommodations. The organization's role is essential in ensuring that these workers have accessible and affordable living spaces, contributing to their overall well-being.
Who is the CEO of Okeechobee Non Profit Housing Inc?
Sid Estrada is the Director of Okeechobee Non Profit Housing Inc.
What is the revenue of Okeechobee Non Profit Housing Inc?
Okeechobee Non Profit Housing Inc's revenue in 2022 was $197,420.
Who are the executives of Okeechobee Non Profit Housing Inc and what are their salaries?
The average compensation at Okeechobee Non Profit Housing Inc during 2022 was $5,265. There is 1 employee at Okeechobee Non Profit Housing Inc.
Here are 6 key members and their salaries:
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- Other: $0
Where can I find the form 990 for Okeechobee Non Profit Housing Inc?
Okeechobee Non Profit Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Okeechobee Non Profit Housing Inc
Okeechobee Non Profit Housing, as an organization, is dedicated to addressing the housing needs of the community, specifically focusing on providing safe and affordable accommodations for migrant workers. Their mission is to develop the El Mirasol Gardens property, which includes a 15-unit rental housing complex. This nonprofit organization plays a crucial role in ensuring that farm workers in Okeechobee, FL, have access to suitable living conditions. Beyond just offering housing, Okeechobee Non Profit Housing also provides administrative support to maintain the quality and safety of these accommodations. By doing so, the organization is committed to enhancing the living experiences of migrant workers, contributing to a more equitable and supportive community.
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Impact
October, 2024
Okeechobee Non Profit Housing Inc has a significant impact on the community by addressing the critical need for affordable housing, particularly for farm workers in Okeechobee, FL. Through the development of the El Mirasol Gardens property, the organization has established a 15-unit rental housing complex, ensuring that migrant workers have safe and secure places to live.
The initiative not only provides essential accommodations but also contributes to the well-being of the community by facilitating stable living conditions for those who work in the local agriculture sector. By offering administrative support alongside housing services, the organization enhances the overall living experience for its residents, promoting health, safety, and community cohesion. The work of Okeechobee Non Profit Housing Inc demonstrates a commitment to improving living standards and fostering a supportive environment for some of the most vulnerable members of the community.
This information is meant to be a general summary of Okeechobee Non Profit Housing 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: $365
- Program Service Revenue: $116,743
- Gross Receipts: $197,420
Assets and Liabilities:
- Total Assets: $1,012,904
- Total Liabilities: $1,220,314
- Net Assets: -$207,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EL MIRA SOL GARDENS PROGRAM
Revenue
$106,099
1661
Revenue
$10,644
Organization Details
Phone
(893) 467-1171Principal Officer
Sid Estrada
Main Address
PO BOX 1515, OKEECHOBEE, FL, 349731515
NTEE Category
Code: L21 - Housing
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