Overview
What is Ocean View Manor Inc?
Ocean View Manor Inc is a nonprofit organization situated in San Luis Obispo, California, with an address at 1060 Kendall Road. Their primary mission is to offer affordable housing to the elderly and individuals with disabilities, adhering to Section 202 of the Rental Housing Act of 1959. Beyond providing housing, they also aim to foster self-sufficiency among low-income families, seniors, and other special needs groups residing on California's Central Coast through various programs.
Official website here: www.pshhc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%
Ocean View Manor Inc has received a Zero-Star out of Four Star rating, primarily due to its low score in Accountability & Finance. While there are strengths in governance, such as having a fully independent board and no material diversion of assets, the overall financial management raises significant concerns. The organization lacks essential policies, including conflict of interest and whistleblower protections, which negatively impacts its accountability score.
The charity's performance regarding financial ratios is alarming, with a 0% score in both liabilities to assets and program expense ratios. This suggests that the organization may not be effectively utilizing its resources towards its mission, which is critical for maintaining public trust and support. Additionally, while meeting some transparency requirements, the absence of key policy documents further undermines its credibility.
Overall, Ocean View Manor Inc needs to address these significant gaps in accountability, financial management, and policy development to improve its standing and ensure that it is fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean View Manor Inc legitimate?
Ocean View Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean View Manor 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.
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Official website here: www.pshhc.org/
What is the mission statement of Ocean View Manor Inc?
Ocean View Manor Inc's mission is centered around providing affordable housing and resources that aid in achieving self-sufficiency for low-income families, seniors, and individuals with special needs, residing on California's Central Coast. The organization's primary objective is to offer 40 units of affordable housing specifically designed for the elderly and handicapped, as per Section 202 of the Rental Housing Act of 1959. The overall goal is to empower these communities and support their journey towards financial independence.
Official website here: www.pshhc.org/
Who is the CEO of Ocean View Manor Inc?
Kenneth Trigueiro is the President of Ocean View Manor Inc.
Official website here: www.pshhc.org/
What is the revenue of Ocean View Manor Inc?
Ocean View Manor Inc's revenue in 2022 was $76,116.
Official website here: www.pshhc.org/
Who are the executives of Ocean View Manor Inc and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.pshhc.org/
Where can I find the form 990 for Ocean View Manor Inc?
Ocean View Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pshhc.org/
Learn more at the official website: www.pshhc.org/
Mission Statement of Ocean View Manor Inc
Ocean View Manor Inc, a nonprofit organization, is dedicated to providing affordable housing and programs that foster self-sufficiency for low-income families, seniors, and other special needs groups on California's Central Coast. The organization's mission is to create an environment where these vulnerable groups can thrive and achieve independence. To accomplish this, Ocean View Manor Inc provides 40 units of affordable housing specifically for the elderly and handicapped, in line with Section 202 of the Rental Housing Act of 1959. By offering affordable housing, Ocean View Manor Inc enables individuals and families to focus on other aspects of their lives, such as employment and personal development, ultimately leading to self-sufficiency.
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Impact
August, 2024
Ocean View Manor Inc's impact is significant as it provides vital affordable housing and programs that lead to self-sufficiency for low-income families, seniors, and other special needs groups on California's Central Coast. By offering 40 units of affordable housing to the elderly and handicapped in San Luis Obispo, Ocean View Manor Inc helps address the pressing need for accessible housing options in the area. Through their mission to provide affordable housing and support programs, Ocean View Manor Inc plays a crucial role in improving the quality of life for vulnerable populations and promoting community well-being on the Central Coast.
This information is meant to be a general summary of Ocean View Manor 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: $76,116
- Gross Receipts: $76,116
Assets and Liabilities:
- Total Assets: $3,060,576
- Total Liabilities: $0
- Net Assets: $3,060,576
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Organization Details
Phone
(805) 781-3088Principal Officer
Kenneth Trigueiro
Main Address
1060 KENDALL ROAD, SAN LUIS OBISPO, CA, 93401
Website
www.pshhc.org/NTEE Category
Code: L21Z - Housing
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