Overview
What is Dominican Oaks Corporation?
The Dominican Oaks Corporation is a nonprofit organization based in San Francisco, California, with a workforce of 127 employees. Their primary mission is to develop, construct, establish, equip, maintain, own, and operate housing for low to moderate income elderly persons. This includes a 206-unit housing complex. The organization provides various services to its residents, including three meals a day, housekeeping, laundry, utilities, scheduled transportation, security, and access to an exercise room. The Dominican Oaks Corporation goes beyond just housing, engaging in activities to ensure a financially secure environment for aging individuals. They also arrange for healthcare, personal care, and special services for the elderly, as well as conducting educational, scientific, and research activities related to elderly care.
Official website here: www.dominicanoaks.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Dominican Oaks Corporation has earned a strong Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial health. This high score is solely based on its Accountability & Finance metrics, demonstrating the organization's commitment to transparency and effective management of resources.
One of the notable strengths of Dominican Oaks Corporation is its governance structure, which includes a board comprised of 60% independent members. This independence helps ensure unbiased decision-making. The organization also performs well in various financial aspects, with a program expense ratio of 84.36%, indicating that a significant portion of its funds is directed towards its mission-related programs rather than administrative costs.
While the data highlights numerous strengths, it's important for potential donors and stakeholders to continue monitoring the organization’s ongoing performance and financial health. The absence of any material diversion of assets and a solid liabilities to assets ratio further reinforce its credibility, but sustained efforts in maintaining these standards will be crucial for future success.
This AI summary has been generated from information found on Charity Navigator.
Is Dominican Oaks Corporation legitimate?
Dominican Oaks Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dominican Oaks Corporation 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: $5,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,558,843
For more financial information, click here
Official website here: www.dominicanoaks.com
What is the mission statement of Dominican Oaks Corporation?
The Dominican Oaks Corporation is dedicated to serving the needs of low to moderate income elderly persons. Their mission encompasses the development, construction, establishment, equipping, maintenance, ownership, and operation of housing for the aging. Additionally, they engage in various activities to ensure a financially secure environment for residents, including arranging for healthcare, personal care, and special services. Furthermore, they are involved in educational, scientific, and research activities related to the care of the aging, as they deem necessary, all in pursuit of their charitable purposes.
Official website here: www.dominicanoaks.com
Who is the CEO of Dominican Oaks Corporation?
Nanette Mickiewicz Md is the Chair/ President of Dominican Oaks Corporation.
Official website here: www.dominicanoaks.com
What is the revenue of Dominican Oaks Corporation?
Dominican Oaks Corporation's revenue in 2022 was $12,672,214.
Official website here: www.dominicanoaks.com
Who are the executives of Dominican Oaks Corporation and what are their salaries?
The average compensation at Dominican Oaks Corporation during 2022 was $35,939. There are 127 employees and 10 volunteers at Dominican Oaks Corporation.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $831,304
- Other: $61,232
- Compensation: $0
- Related: $748,734
- Other: $143,726
- Compensation: $0
- Related: $362,281
- Other: $72,648
- Compensation: $0
- Related: $334,502
- Other: $19,334
- Compensation: $116,708
- Related: $0
- Other: $18,542
- 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
Official website here: www.dominicanoaks.com
Where can I find the form 990 for Dominican Oaks Corporation?
Dominican Oaks Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dominicanoaks.com
Learn more at the official website: www.dominicanoaks.com
Mission Statement of Dominican Oaks Corporation
Dominican Oaks Corporation is a dedicated organization that strives to develop, construct, establish, equip, maintain, own, and operate housing for low and moderate income elderly persons. By doing so, it furthers its charitable purposes and provides a financially secure environment for this population. This nonprofit goes beyond merely offering housing; it also arranges for healthcare, personal care, and special services for the aging. Additionally, it engages in educational, scientific, and research activities related to the care of the elderly. Through these initiatives, Dominican Oaks Corporation aims to improve the lives of elderly individuals by addressing their unique needs and ensuring they have access to essential resources and support.
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Impact
October, 2024
Dominican Oaks Corporation significantly impacts the community by providing essential housing and supportive services to low to moderate income elderly individuals in San Francisco. By managing a 206-unit housing complex, it creates a safe and secure environment for aging residents. The organization fosters a sense of community through congregate living services, which include three meals a day, housekeeping, laundry services, and utilities, ensuring that residents’ daily needs are met.
In addition to basic amenities, Dominican Oaks Corporation enhances residents' quality of life by offering scheduled transportation, security, and dedicated spaces for physical activity, such as an exercise room. By addressing the broader aspects of aging, the organization also arranges for health care, personal care, and special services tailored to the needs of its residents. This holistic approach not only provides a stable living situation but also promotes the well-being and dignity of elderly persons, nurturing their independence while ensuring access to necessary support and care. Through its mission, Dominican Oaks Corporation plays a vital role in the community by maintaining housing that empowers and uplifts aging individuals and families.
This information is meant to be a general summary of Dominican Oaks Corporation. 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: $26,474
- Program Service Revenue: $12,560,193
- Gross Receipts: $12,673,301
Assets and Liabilities:
- Total Assets: $46,960,946
- Total Liabilities: $1,019,742
- Net Assets: $45,941,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSISTED LIVING REVENUE
Revenue
$12,560,193
Organization Details
Founding Year
1986
Phone
(831) 462-6257Principal Officer
Nanette Mickiewicz Md
Main Address
185 BERRY STREET SUITE 200, SAN FRANCISCO, CA, 94107
Website
www.dominicanoaks.comNTEE Category
Code: L22 - Housing
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