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Solon Community Living Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 833861819 ✦ Solon, OH ✦ Designated as a 501(c)(3)

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Overview

What is Solon Community Living Inc?

Solon Community Living Inc is a compact nonprofit organization, based in Solon, Ohio, with a single employee. Their primary focus is on developing and owning a supportive housing project, catering to individuals with developmental disabilities. This initiative aims to provide a nurturing living environment for this particular group, enhancing their overall well-being and fostering their independence. The organization's mission reflects its dedication to improving the quality of life for people with developmental disabilities, an essential cause that warrants continued support and recognition.


Official website here: www.soloncommunityliving.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

Solon Community Living Inc has received a 76% rating from Charity Navigator, indicating a solid performance in various operational aspects. The organization excels in Accountability & Finance with a score of 83%, showcasing effective financial management, a majority of independent board members, and a strong program expense ratio of 68.01%. These factors reflect a commitment to transparency and responsible fundraising.

The nonprofit shines in its Culture & Community metrics, achieving a perfect score of 100%. This suggests that Solon Community Living Inc actively engages with its stakeholders, effectively collects feedback, and utilizes that input to improve its practices and services. Additionally, the organization demonstrates strong leadership and adaptability, scoring 100% in those categories, which indicates a well-structured strategy and the ability to respond to changing needs.

However, there are some limitations indicated in the data. The absence of a whistleblower policy and a document retention and destruction policy might raise concerns about governance practices. Despite these gaps, the overall scoring suggests that Solon Community Living Inc is effectively fulfilling its mission while maintaining a focus on accountability and community engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Solon Community Living Inc legitimate?

Solon Community Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solon Community Living 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: $24,915

For more financial information, click here


Official website here: www.soloncommunityliving.org

What is the mission statement of Solon Community Living Inc?

Solon Community Living Inc was founded with the objective of creating and managing a supportive housing project. Its primary focus is on individuals with developmental disabilities. The organization's mission is to provide a living environment that caters to the unique needs of these individuals, aiming to enhance their quality of life. By establishing and managing this project, Solon Community Living Inc seeks to offer a safe and nurturing space that promotes independence and inclusivity for people with developmental disabilities.


Official website here: www.soloncommunityliving.org

Who is the CEO of Solon Community Living Inc?

Ara Bagdasarian is the President of Solon Community Living Inc.


Official website here: www.soloncommunityliving.org

What is the revenue of Solon Community Living Inc?

Solon Community Living Inc's revenue in 2022 was $1,609,501.


Official website here: www.soloncommunityliving.org

Who are the executives of Solon Community Living Inc and what are their salaries?

The average compensation at Solon Community Living Inc during 2022 was $24,915. There is 1 employee and 35 volunteers at Solon Community Living Inc.


Here are 5 key members and their salaries:


Ara Bagdasarian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Bagdasarian (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Markowitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Biales (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Novak (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.soloncommunityliving.org

Where can I find the form 990 for Solon Community Living Inc?

Solon Community Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.soloncommunityliving.org

Learn more at the official website: www.soloncommunityliving.org

Mission Statement of Solon Community Living Inc

Solon Community Living Inc, as established, is dedicated to the development and ownership of a supportive housing project, catering to individuals with developmental disabilities. The organization's mission is centered around providing a living space that offers necessary support to this specific group of people, ensuring their well-being and independence in a nurturing environment. By developing and owning such a project, Solon Community Living Inc aims to contribute positively to the lives of individuals with developmental disabilities, offering them a safe and comfortable living space that meets their unique needs.

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Impact




July, 2024

Solon Community Living Inc's impact can be seen in its dedication to developing and owning a supportive housing project for people with developmental disabilities in Solon, Ohio. By providing safe and inclusive housing options for individuals with developmental disabilities, Solon Community Living Inc is making a significant difference in the lives of those who might otherwise face challenges in finding suitable living arrangements. This organization plays a crucial role in enhancing the quality of life and promoting independence for individuals with developmental disabilities in the community.




This information is meant to be a general summary of Solon Community Living 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.

Revenue
$1,609,501 (2022)
Expenses
$151,328 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,674
  • Program Service Revenue: $97,745
  • Gross Receipts: $1,629,277

Assets and Liabilities:

  • Total Assets: $2,609,407
  • Total Liabilities: $97,326
  • Net Assets: $2,512,081

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NON REFUNDABLE FEES

Revenue

$80,000

RENTAL

Revenue

$17,745

Organization Details

Founding Year

2018

Principal Officer

Ara Bagdasarian

Main Address

6790 RIDGECLIFF DR, SOLON, OH, 44139

NTEE Category

Code: L99 - Housing

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