Overview
What is Owl360?
Owl360 is a nonprofit organization that prioritizes offering affordable housing solutions to young adults and youth. Their primary mission is to provide low-cost accommodations, having already extended this service to numerous young individuals. Beyond housing, Owl360 also actively supports this demographic, demonstrating a holistic approach to empowering young adults and youth.
Is Owl360 legitimate?
Owl360 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Owl360 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: $38,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,563
For more financial information, click here
What is the mission statement of Owl360?
Owl360's mission is centered around providing affordable housing solutions for youth and young adults. The organization has been successfully offering low-cost housing options to young individuals in need. Owl360's mission extends beyond just providing housing; it also aims to support these youth and young adults in their journeys. The organization's activities are geared towards empowering and aiding these young individuals to navigate their lives more effectively.
Who is the CEO of Owl360?
David Scherere is the Board Chair of Owl360.
What is the revenue of Owl360?
Owl360's revenue in 2022 was $220,814.
Who are the executives of Owl360 and what are their salaries?
The average compensation at Owl360 during 2022 was $26,856. There are 2 employees at Owl360.
Here are 7 key members and their salaries:
- Compensation: $38,150
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Owl360?
Owl360's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Owl360
Owl360, a nonprofit organization, is committed to providing a vital service to youth and young adults. At its core, Owl360's mission is to offer affordable housing solutions for this demographic. This mission has been actualized through the organization's provision of low-cost housing to numerous young individuals. Beyond simply offering a place to live, Owl360 also extends its support to youth and young adults, aiming to empower and assist them in their lives.
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Impact
October, 2024
Owl360 plays a significant role in addressing housing insecurity among youth and young adults in Port Townsend, WA. By providing low-cost housing options, the organization creates a supportive environment that fosters stability and independence for individuals transitioning into adulthood. This initiative not only alleviates the immediate pressures of finding affordable housing but also empowers young people by offering them a safe place to grow, learn, and thrive.
The impact of Owl360 extends beyond mere shelter; it includes emotional and social support systems that help youth navigate the complexities of life. By investing in the well-being of these individuals, Owl360 contributes to the overall health of the community, promoting resilience and encouraging the pursuit of educational and career opportunities among the population it serves. As a result, the organization's efforts help break the cycle of homelessness and pave the way for brighter futures for young people in the area.
This information is meant to be a general summary of Owl360. 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: $4
- Gross Receipts: $245,074
Assets and Liabilities:
- Total Assets: $193,432
- Total Liabilities: $4,801
- Net Assets: $188,631
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Organization Details
Founding Year
2021
Phone
(360) 301-3551Principal Officer
David Scherere
Main Address
1240 W SIMS WAY PMB 319 319, PORT TOWNSEND, WA, 98368
NTEE Category
Code: L80 - Housing
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