Overview
What is Oakmont Gardens Inc?
Oakmont Gardens Inc is a nonprofit organization situated in Crossville, Tennessee. Their primary mission is to provide housing for individuals with very low income, specifically the elderly. They are committed to developing and offering high-quality, safe, and sanitary supportive housing for this demographic. This includes ensuring their facilities are well-maintained and meet the necessary standards for the well-being of the elderly residents.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Oakmont Gardens Inc has achieved an impressive 97% score from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating is based entirely on their accountability practices, which indicates that they have established robust financial management and transparency protocols. Such a high score suggests that the organization effectively utilizes its resources to maximize its impact.
The organization excels in several key areas: it has a fully independent board with 10 members, a low liabilities-to-assets ratio of just 3.32%, and a program expense ratio of 96.07%. These figures highlight Oakmont Gardens' dedication to ensuring that the majority of its funds are directed toward its programs rather than administrative costs. Furthermore, the presence of comprehensive policies related to conflicts of interest, whistleblowing, and document retention reinforces their commitment to ethical governance.
While the ratings are highly favorable, potential donors and stakeholders should continue to monitor the organization’s ongoing performance and operational transparency. Maintaining high standards will be crucial in ensuring trust and support from the community they serve. Overall, Oakmont Gardens Inc demonstrates a strong foundation for effective nonprofit operations.
This AI summary has been generated from information found on Charity Navigator.
Is Oakmont Gardens Inc legitimate?
Oakmont Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakmont Gardens 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: $21,585
For more financial information, click here
Official website here: www.none
What is the mission statement of Oakmont Gardens Inc?
Oakmont Gardens Inc is committed to developing and providing high-quality, safe, and sanitary supportive housing for individuals who fall into the category of very low-income elderly persons. This mission is essential in ensuring that these individuals have access to suitable living conditions. The organization's main activity revolves around providing housing for the elderly, ensuring their basic needs are met with dignity and respect. By doing so, Oakmont Gardens Inc contributes to the well-being and independence of this vulnerable population.
Official website here: www.none
Who is the CEO of Oakmont Gardens Inc?
Kathy Vanlandingham is the President of Oakmont Gardens Inc.
Official website here: www.none
What is the revenue of Oakmont Gardens Inc?
Oakmont Gardens Inc's revenue in 2022 was $67,463.
Official website here: www.none
Who are the executives of Oakmont Gardens Inc and what are their salaries?
There 61 volunteers at Oakmont Gardens Inc.
Here are 7 key members and their salaries:
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- Related: $78,531
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Oakmont Gardens Inc
Oakmont Gardens Inc, a nonprofit organization, is dedicated to a noble mission. Their primary goal is to develop and provide supportive housing that is safe and sanitary for elderly individuals with very low incomes. By offering such housing, they aim to ensure the elderly population has access to a secure living environment, which is a fundamental right. The organization's mission is deeply rooted in the belief that every elderly person deserves a decent living space, free from health hazards and potential harm. By providing quality housing, Oakmont Gardens Inc seeks to contribute positively to the well-being and dignity of the elderly population, thereby enhancing their overall quality of life.
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Impact
August, 2024
Oakmont Gardens Inc's impact lies in providing safe and sanitary housing for very low-income elderly individuals in Crossville, TN. Through their mission to develop and offer quality supportive housing, Oakmont Gardens Inc helps ensure that this vulnerable population has a place to live with dignity and security. By focusing on the housing needs of the elderly, the organization plays a crucial role in promoting the well-being and quality of life for this demographic, addressing an important societal need.
This information is meant to be a general summary of Oakmont Gardens 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: $20
- Program Service Revenue: $44,907
- Gross Receipts: $67,463
Assets and Liabilities:
- Total Assets: $891,915
- Total Liabilities: $25,602
- Net Assets: $866,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$44,907
Organization Details
Founding Year
2004
Phone
(931) 484-2990Principal Officer
Kathy Vanlandingham
Main Address
PO BOX 425, CROSSVILLE, TN, 38557
Website
www.noneNTEE Category
Code: L22 - Housing
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