nonprofit logo

Omni Governor Inc

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

EIN: 050481911 ✦ Providence, RI ✦ Designated as a 501(c)(3)

Overview

What is Omni Governor Inc?

Omni Governor Inc is a nonprofit organization situated in Providence, Rhode Island, with a primary focus on providing affordable housing for eligible elderly individuals. Their mission is centered around enhancing the living conditions of this demographic, investing a significant portion of their resources into the construction and maintenance of suitable residences. As per the provided information, the program's expenses for elderly housing amounted to $603,143, while management and general expenses totaled $138,300. The organization's income is primarily derived from non-housing assistance payments and resident contributions, amounting to $263,258. With a dedicated workforce of six employees, Omni Governor Inc continues its commitment to supporting the elderly community in Rhode Island.


Is Omni Governor Inc legitimate?

Omni Governor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omni Governor 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,529

For more financial information, click here


What is the mission statement of Omni Governor Inc?
Who is the CEO of Omni Governor Inc?
What is the revenue of Omni Governor Inc?
Who are the executives of Omni Governor Inc and what are their salaries?
Where can I find the form 990 for Omni Governor Inc?

Mission Statement of Omni Governor Inc

Omni Governor Inc, a notable entity, is dedicated to providing low-income housing for eligible elderly persons. The organization's primary mission is to offer a safe and comfortable living space for this demographic, seeking to alleviate housing challenges they may face. The scope of their activity encompasses a single program, which focuses on offering affordable housing solutions to this specific group of individuals. The financial investments made towards this program amount to $603,143, while the general management and operational expenses amount to $138,300. The income generated by the organization, not directly related to housing assistance payments or payments from the residents, reaches $263,258. Through its commitment to low-income housing, Omni Governor Inc strives to enhance the quality of life for elderly persons in need.

Impact

This information is meant to be a general summary of Omni Governor Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Omni Governor Inc's impact is centered around providing low-income housing for eligible elderly people in Providence, RI. The organization's primary focus is on offering affordable housing options to support this vulnerable population. In doing so, Omni Governor Inc directly addresses the critical need for safe and accessible housing for elderly individuals with limited financial resources. Through their housing program, they are able to make a significant difference in the lives of elderly individuals by ensuring they have a place to call home.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,410
  • Program Service Revenue: $259,051
  • Gross Receipts: $628,340

    • Assets and Liabilities:
  • Total Assets: $2,830,062
  • Total Liabilities: $4,715,208
  • Net Assets: -$1,885,146
  • Programs

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

    RENTAL INCOME

    Revenue

    $274,551

    MOVE IN

    Revenue

    $-41

    VACANCIES

    Revenue

    $-15,459

    Organization Details

    Founding Year

    1995

    Principal Officer

    Sharon Morris

    Main Address

    810 EDDY STREET, PROVIDENCE, RI, 02905

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Omni Governor Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.