Overview
What is Omni Development Corporation?
Omni Development Corporation is a nonprofit organization, headquartered at 810 Eddy Street, Providence, Rhode Island (RI 02905). Their primary mission is to revitalize neighborhoods by constructing, rehabilitating, and managing affordable housing for low-income individuals, families, senior citizens, and veterans. They operate in underserved communities across Rhode Island, Connecticut, and Massachusetts. The corporation's activities encompass both residential and commercial real estate development, with a focus on providing high-quality, affordable living spaces for individuals and families within their targeted income range. With a workforce of six dedicated employees, Omni Development Corporation contributes to the betterment of local communities by improving their housing infrastructure.
Official website here: www.omnidevelopmentcorp.com
Is Omni Development Corporation legitimate?
Omni Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omni Development 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.
Here are some key statistics you may want to consider:
Executive Compensation: $133,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $455,789
For more financial information, click here
Official website here: www.omnidevelopmentcorp.com
What is the mission statement of Omni Development Corporation?
Omni Development Corporation is a community development and planning corporation with a mission to revitalize neighborhoods. They achieve this by constructing affordable housing for low to moderate income families, including seniors and veterans, in underserved communities in Rhode Island, Connecticut, and Massachusetts. The organization is dedicated to providing high-quality housing, focusing on the construction, rehabilitation, development, sale, and management of properties for these specific demographics. Their mission is to contribute positively to these communities, ensuring that individuals and families have access to adequate housing.
Official website here: www.omnidevelopmentcorp.com
Who is the CEO of Omni Development Corporation?
Sharon Morris is the Executive Director of Omni Development Corporation.
Official website here: www.omnidevelopmentcorp.com
What is the revenue of Omni Development Corporation?
Omni Development Corporation's revenue in 2022 was $3,396,747.
Official website here: www.omnidevelopmentcorp.com
Who are the executives of Omni Development Corporation and what are their salaries?
The average compensation at Omni Development Corporation during 2022 was $98,224. There are 6 employees at Omni Development Corporation.
Here are 10 key members and their salaries:
- Sharon Morris (Executive Director)
- Edward C Clifton (Chair Person) [Trustee/Director]
- Judge Keith Cardoza (Secretary) [Trustee/Director]
- Scott Slater (Treasurer) [Trustee/Director]
- Stephen Napolitano Esq (Member) [Trustee/Director]
- Robert Brooks (Member) [Trustee/Director]
- John Lopes (Member) [Trustee/Director]
- Lawrence Brown Cpa (Member) [Trustee/Director]
- Leslie Bunnell (Member) [Trustee/Director]
- Teresa Guaba (Member) [Trustee/Director]
Official website here: www.omnidevelopmentcorp.com
Where can I find the form 990 for Omni Development Corporation?
The Omni Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.omnidevelopmentcorp.com
Learn more at the official website: www.omnidevelopmentcorp.com
Mission Statement of Omni Development Corporation
Omni Development Corporation, a not-for-profit community development and planning corporation, is dedicated to revitalizing neighborhoods through the construction of affordable residential and commercial real estate. Their mission is centered around providing high-quality housing for low to moderate income families, including senior citizens and veterans, in underserved communities across Rhode Island, Connecticut, and Massachusetts. The organization is committed to constructing, rehabilitating, developing, selling, and managing low-income housing units to cater to the needs of these individuals and families. Omni Development Corporation's mission is rooted in the belief that everyone deserves a safe and affordable living space, regardless of their income level.
Impact
This information is meant to be a general summary of Omni Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Omni Development Corporation's impact is significant in revitalizing neighborhoods through the construction of residential and commercial real estate. Their focus on providing the highest quality affordable housing for low to moderate-income families directly addresses the pressing need for accessible living spaces in underserved communities. By constructing, rehabilitating, developing, selling, and managing low-income housing for individuals, families, senior citizens, and veterans, Omni Development Corporation plays a crucial role in promoting community development and improving the quality of life for those in need. Their work extends beyond mere construction projects, as they actively contribute to addressing the housing crisis and creating sustainable solutions for affordable housing in Rhode Island, Connecticut, and Massachusetts.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENTS
Revenue
$1,113,913
HOUSING ASSISTANCE PROGRAM
Revenue
$1,035,915
ASSET MANAGEMENT FEES
Revenue
$221,874
DEVELOPER FEES
Revenue
$191,633
OTHER REVENUE
Revenue
$54,793
Organization Details
Founding Year
1986
Phone
(401) 461-4442
Principal Officer
Sharon Morris
Main Address
810 EDDY STREET, PROVIDENCE, RI, 02905
Website
www.omnidevelopmentcorp.com
NTEE Category
Code: L20Z - Housing
If you are a representative of Omni Development Corporation 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.