Overview
What is Odessa Affordable Housing Inc?
Odessa Affordable Housing Inc is a nonprofit organization situated in Odessa, Texas. Their primary mission is to enhance the housing conditions in the area by offering credit counseling, homebuyer education, and home rehabilitation programs to low to moderate income residents. This is done to restore homes to comply with building and housing codes, ensuring safety, sanitation, and livability. Additionally, Odessa Affordable Housing Inc provides housing rehabilitation projects and leases one residential property. Their goal is to prevent and reverse neighborhood deterioration and blight, thereby improving the overall living conditions for the community.
Official website here: www.odessaaffordablehousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Odessa Affordable Housing Inc has achieved a remarkable 97% rating from Charity Navigator, highlighting its strong commitment to accountability and finance. The organization has received full points in several categories, indicating a high level of transparency and responsible financial management. The presence of a fully independent board further enhances its credibility, ensuring that governance is free from conflicts of interest.
The nonprofit's financial health is evidenced by its low liabilities to assets ratio of 0.16%, showcasing a stable fiscal position. Additionally, the program expense ratio of 75.05% indicates that a significant portion of its funding is directed toward its mission, which focuses on providing affordable housing solutions. These metrics suggest effective resource allocation and a strong dedication to its core objectives.
No significant limitations or concerns were mentioned in the data, reflecting positively on the organization. Overall, Odessa Affordable Housing Inc exemplifies a well-managed nonprofit with a strong focus on accountability, making it a trustworthy choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Odessa Affordable Housing Inc legitimate?
Odessa Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Odessa Affordable 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: $0
For more financial information, click here
Official website here: www.odessaaffordablehousing.com
What is the mission statement of Odessa Affordable Housing Inc?
Odessa Affordable Housing Inc's mission is centered around enhancing housing conditions. The organization provides credit counseling, homebuyer education, and affordable home building/rehabilitation programs to cater to low to moderate income residents. Their aim is to improve the living conditions of various families, including the elderly, disabled, and single-family homes. They strive to establish safety, sanitation, and housing standards, while also preventing and reversing neighborhood deterioration. Odessa Affordable Housing Inc contributes to this mission through housing rehabilitation projects, homebuyer education, and credit counseling services. They also manage one residential rental property as part of their program services.
Official website here: www.odessaaffordablehousing.com
Who is the CEO of Odessa Affordable Housing Inc?
Jill Miller is the Executive Director of Odessa Affordable Housing Inc.
Official website here: www.odessaaffordablehousing.com
What is the revenue of Odessa Affordable Housing Inc?
Odessa Affordable Housing Inc's revenue in 2022 was $37,534.
Official website here: www.odessaaffordablehousing.com
Who are the executives of Odessa Affordable Housing Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $163,755
- Other: $15,262
- 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.odessaaffordablehousing.com
Where can I find the form 990 for Odessa Affordable Housing Inc?
Odessa Affordable Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.odessaaffordablehousing.com
Learn more at the official website: www.odessaaffordablehousing.com
Mission Statement of Odessa Affordable Housing Inc
Odessa Affordable Housing Inc, as a nonprofit organization, is dedicated to enhancing housing conditions within communities. Their mission is centered around providing various programs that are affordable for low to moderate income residents. These programs include credit counseling, homebuyer education, and home building or rehabilitation projects. The primary goal is to improve the living conditions of owner-occupied elderly, disabled, and single-family households, ensuring their homes comply with applicable building and housing codes. By establishing safety, sanitation, and rehabilitation standards, Odessa Affordable Housing Inc aims to prevent and reverse neighborhood deterioration and blighting. Additionally, the organization offers housing rehabilitation projects, homebuyer education, and credit counseling services as part of its program services. Odessa Affordable Housing Inc strives to maintain reasonable levels of comfort and livability in the homes it serves, ultimately contributing to stronger, more resilient communities.
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
August, 2024
Odessa Affordable Housing Inc is dedicated to improving housing conditions in Odessa, Texas. They provide crucial services such as credit counseling, homebuyer education, and home building/rehabilitation programs that are specifically tailored to be affordable for low to moderate income residents. Their focus is on assisting very low to moderate income owner-occupied elderly, disabled, or single-family households, helping them maintain and improve their homes to a level that meets relevant building and housing codes.
The impact of Odessa Affordable Housing Inc can be seen in the tangible improvements in the quality of housing for those in need within the community. By offering housing rehab projects, homebuyer education, and credit counseling services, they are not only enhancing the living conditions of individuals and families but also revitalizing neighborhoods, preventing deterioration, and promoting overall safety and well-being.
Through their proactive initiatives, Odessa Affordable Housing Inc is making a significant difference in addressing housing challenges and supporting the local community in Odessa, Texas.
This information is meant to be a general summary of Odessa Affordable 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: $1,011
- Program Service Revenue: $12,773
- Gross Receipts: $37,534
Assets and Liabilities:
- Total Assets: $618,665
- Total Liabilities: $1,000
- Net Assets: $617,665
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.
CREDIT COUNSELING
Revenue
$3,060
RENTAL INCOME
Revenue
$9,713
Organization Details
Founding Year
2000
Phone
(432) 362-2349Principal Officer
Jill Miller
Main Address
3801 N DIXIE BLVD, ODESSA, TX, 79762
NTEE Category
Code: L30 - Housing
If you are a representative of Odessa Affordable Housing 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.