Overview
What is Otr Adopt Inc?
OTR Adopt Inc is a dedicated nonprofit organization based in Cincinnati, Ohio, with a ZIP code of 45202. Their primary mission is to safeguard the city's architectural heritage by facilitating the transfer of neglected, historic buildings to responsible new owners. Through various efforts, such as obtaining site control, clearing title, and addressing structural issues, OTR Adopt Inc works tirelessly to prevent these buildings from falling into further disrepair and abandonment. Ultimately, their goal is to ensure that these architectural gems are restored and preserved for future generations. With a small team of four dedicated employees, OTR Adopt Inc is making a significant impact on the preservation of Cincinnati's historical landmarks.
Official website here: www.otradopt.com
Is Otr Adopt Inc legitimate?
Otr Adopt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otr Adopt 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: $38,567
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,433
For more financial information, click here
Official website here: www.otradopt.com
What is the mission statement of Otr Adopt Inc?
OTR Adopt Inc's mission is centered around preserving architectural heritage. They achieve this by facilitating the transfer of vacant historic buildings to responsible new owners. This organization undertakes various tasks to achieve this goal, including gaining site control, clearing title issues, addressing structural deficiencies, and ultimately handing over the buildings to individuals who commit to restoring them. By doing so, OTR Adopt Inc ensures that these historical buildings are preserved for future generations, breaking the cycle of abandonment and blight.
Official website here: www.otradopt.com
Who is the CEO of Otr Adopt Inc?
Danny Klingler is the Executive Director of Otr Adopt Inc.
Official website here: www.otradopt.com
What is the revenue of Otr Adopt Inc?
Otr Adopt Inc's revenue in 2022 was $357,794.
Official website here: www.otradopt.com
Who are the executives of Otr Adopt Inc and what are their salaries?
The average compensation at Otr Adopt Inc during 2022 was $24,500. There are 4 employees at Otr Adopt Inc.
Here are 4 key members and their salaries:
- Compensation: $38,567
- Related: $0
- Other: $600
- Compensation: $5,643
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.otradopt.com
Where can I find the form 990 for Otr Adopt Inc?
Otr Adopt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.otradopt.com
Learn more at the official website: www.otradopt.com
Mission Statement of Otr Adopt Inc
OTR Adopt Inc, a nonprofit organization, is dedicated to preserving Cincinnati's architectural heritage. They accomplish this mission by facilitating the transfer of vacant historic buildings to responsible new owners. By taking on the process of gaining site control, clearing title, and addressing structural deficiencies, OTR Adopt Inc plays a crucial role in breaking the cycle of abandonment and blight that often plagues these historical structures. This proactive approach ensures that these buildings are not lost to time, but instead, are restored and repurposed for future generations to enjoy.
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Impact
October, 2024
OTR Adopt Inc plays a crucial role in preserving Cincinnati's architectural heritage by addressing the issue of vacant and dilapidated historic buildings in the area. Their work helps to break the cycle of abandonment and blight that affects these structures, ensuring that they remain vital parts of the community for future generations. By gaining site control and clearing titles, OTR Adopt Inc stabilizes these buildings, addressing structural deficiencies and preparing them for new ownership. This initiative not only revitalizes neighborhoods but also contributes to the overall aesthetic and historical integrity of Cincinnati, fostering a sense of pride among residents and enhancing the local community. Through their efforts, OTR Adopt Inc fosters responsible ownership, encouraging new proprietors to commit to restoring and maintaining these historic properties, thereby reinforcing the city’s cultural and architectural landscape.
This information is meant to be a general summary of Otr Adopt 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.
- Program Service Revenue: $101,832
- Gross Receipts: $526,309
Assets and Liabilities:
- Total Assets: $920,074
- Total Liabilities: $226,415
- Net Assets: $693,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting Income
Revenue
$10,909
Rental Income
Revenue
$90,923
Organization Details
Founding Year
2010
Phone
(513) 237-4449Principal Officer
Danny Klingler
Main Address
1311 VINE STREET, CINCINNATI, OH, 45202
Website
www.otradopt.comNTEE Category
Code: L25 - Housing
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