Overview
What is Ocean View Foundation?
Ocean View Foundation, doing business as Ocean View Plaza, is a nonprofit organization situated in Half Moon Bay, California. With a mission at its core, this organization strives to offer high-quality, cost-effective housing solutions for the senior citizen community. Established in their US address at 701 Arnold Way, the foundation has been providing a substantial living space for over 50 elderly individuals in the area. The foundation is committed to upholding its mission, ensuring that senior citizens have access to comfortable and affordable housing options.
Official website here: www.lesleyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Ocean View Foundation, operating as Ocean View Plaza, has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and transparency. The overall score is derived entirely from the Accountability & Finance beacon, which reflects the organization's commitment to responsible financial practices.
The foundation demonstrates strong governance, with 100% of its board members being independent, and it has received full marks for its financial oversight mechanisms, including audit and oversight committees. Notably, it maintains a high program expense ratio of 84.38%, signifying that a substantial portion of its resources is directed toward its mission-driven activities.
While the rating is favorable, there are no specific limitations noted in the data provided. Overall, Ocean View Foundation appears to exemplify robust financial integrity and governance practices, making it a potentially trustworthy option for donors seeking to support a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean View Foundation legitimate?
Ocean View Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean View Foundation 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: $120,685
For more financial information, click here
Official website here: www.lesleyfoundation.org
What is the mission statement of Ocean View Foundation?
The Ocean View Foundation, operating under the name Ocean View Plaza, is committed to providing senior citizens with affordable and high-quality housing. Their mission is centered around ensuring that elderly individuals have access to suitable living spaces. The organization has successfully provided housing for over 50 senior citizens in various locations, although the specific location is not provided in the information. This mission is crucial in providing elderly individuals with a comfortable living environment that caters to their needs and budgets.
Official website here: www.lesleyfoundation.org
What is the revenue of Ocean View Foundation?
Ocean View Foundation's revenue in 2023 was $1,457,282.
Official website here: www.lesleyfoundation.org
Who are the executives of Ocean View Foundation and what are their salaries?
There 7 volunteers at Ocean View Foundation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $196,018
- Other: $27,832
- Compensation: $0
- Related: $146,811
- Other: $21,732
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lesleyfoundation.org
Where can I find the form 990 for Ocean View Foundation?
Ocean View Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lesleyfoundation.org
Learn more at the official website: www.lesleyfoundation.org
Mission Statement of Ocean View Foundation
Ocean View Foundation Dba Ocean View Plaza, a nonprofit organization, is committed to providing senior citizens with high-quality, affordable housing. This mission is crucial in ensuring that elderly individuals can live comfortably and with dignity, without the financial burden of exorbitant housing costs. The organization has successfully provided housing for over 50 senior citizens in Half Moon Bay, CA, demonstrating its dedication to this cause. By offering affordable housing, Ocean View Foundation Dba Ocean View Plaza is contributing to the well-being and independence of senior citizens, allowing them to focus on living fulfilling lives rather than worrying about their housing expenses.
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Impact
July, 2024
Ocean View Foundation Dba Ocean View Plaza has had a significant impact by providing quality, affordable housing for senior citizens in Half Moon Bay, CA. They have successfully offered over 50 citizens a comfortable and secure living environment. Through their mission to prioritize the needs of senior citizens, this organization has made a tangible difference in the lives of the elderly population in the city, ensuring they have access to safe and affordable housing options.
This information is meant to be a general summary of Ocean View Foundation. 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 2023.
- Investment Income: $3,559
- Program Service Revenue: $351,939
- Gross Receipts: $1,457,282
Assets and Liabilities:
- Total Assets: $8,865,948
- Total Liabilities: $8,964,038
- Net Assets: -$98,090
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$351,939
Organization Details
Founding Year
1968
Principal Officer
Catherine Evans
Website
www.lesleyfoundation.orgNTEE Category
Code: L22 - Housing
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