Overview
What is Clermont Housing Corporation?
Clermont Housing Corporation, located in Batavia, Ohio, serves as a nonprofit organization dedicated to providing affordable housing opportunities. They achieve this objective through various means, including the development, ownership, rental, and/or sale of housing units for eligible individuals. The corporation's mission is centered around ensuring affordable housing is accessible to those in need, thereby contributing positively to their living situations.
Official website here: www.clermontmha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Clermont Housing Corporation has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a commitment to transparency and effective governance, with all board members being independent and a robust audit and oversight committee in place.
The charity excels in financial management, evidenced by its program expense ratio of 89.59%, indicating that a significant portion of its resources is directed towards its mission-driven activities. Additionally, the organization has a healthy liabilities to assets ratio of 48.50%, suggesting sound financial health and sustainability.
There are no significant limitations noted in the data, as Clermont Housing Corporation scored well across all evaluated criteria, including policies for conflict of interest and whistleblower protections. Overall, the charity's high ratings highlight a strong operational framework and focus on effective resource allocation towards its housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Clermont Housing Corporation legitimate?
Clermont Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clermont Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,919
For more financial information, click here
Official website here: www.clermontmha.org
What is the mission statement of Clermont Housing Corporation?
The mission of Clermont Housing Corporation is centered around providing affordable housing opportunities. They accomplish this through various means such as development, ownership, rental, and even sale of housing units. This organization is dedicated to making these opportunities accessible to eligible individuals, contributing to a more equitable housing landscape.
Official website here: www.clermontmha.org
Who is the CEO of Clermont Housing Corporation?
Alicia Morlatt is the Executive Director of Clermont Housing Corporation.
Official website here: www.clermontmha.org
What is the revenue of Clermont Housing Corporation?
Clermont Housing Corporation's revenue in 2022 was $1,889,929.
Official website here: www.clermontmha.org
Who are the executives of Clermont Housing Corporation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $107,955
- Other: $0
- Compensation: $0
- Related: $69,811
- Other: $0
- Compensation: $0
- Related: $68,797
- 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.clermontmha.org
Where can I find the form 990 for Clermont Housing Corporation?
Clermont Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clermontmha.org
Learn more at the official website: www.clermontmha.org
Mission Statement of Clermont Housing Corporation
Clermont Housing Corporation is dedicated to providing affordable housing opportunities for eligible individuals. Through development, ownership, rental, and/or sales, this nonprofit organization seeks to make housing more accessible to those in need. By offering a range of housing solutions, Clermont Housing Corporation aims to contribute to the well-being of its community by ensuring that everyone has a roof over their heads, regardless of their financial situation.
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Impact
July, 2024
Clermont Housing Corporation's impact lies in providing affordable housing opportunities to eligible occupants in Batavia, Ohio. Through their development, ownership, rental, and sale of housing, they help address the critical need for affordable housing in the community. By offering housing options that are within reach of those with limited financial resources, Clermont Housing Corporation plays a vital role in ensuring that individuals and families have a stable and secure place to call home. Their efforts contribute to creating a more inclusive and sustainable community where everyone has access to safe and affordable housing options.
This information is meant to be a general summary of Clermont Housing 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: $1,077,241
- Program Service Revenue: $812,688
- Gross Receipts: $5,327,748
Assets and Liabilities:
- Total Assets: $2,330,728
- Total Liabilities: $1,130,571
- Net Assets: $1,200,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$188,860
TENANT REVENUE
Revenue
$623,828
Organization Details
Founding Year
2016
Phone
(513) 831-5700Principal Officer
Alicia Morlatt
Main Address
65 S MARKET STREET, BATAVIA, OH, 45103
Website
www.clermontmha.orgNTEE Category
Code: L20 - Housing
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