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Central Ohio Housing Development Organization

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

EIN: 311579335 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

Overview

What is Central Ohio Housing Development Organization?

Central Ohio Housing Development Organization is a nonprofit organization situated in Columbus, Ohio, specifically at 3443 Agler Road Ste 200, 43219. Their primary mission is to develop and operate affordable housing options for low and moderate-income households, either for rental or homeownership, not only in Franklin County, Ohio, but also in its surrounding areas. To fulfill this mission, the organization has undertaken projects like the development of the American Addition Neighborhood, with homes subsequently sold to eligible low and moderate-income homeowners. The organization has a small workforce of two dedicated individuals.


Is Central Ohio Housing Development Organization legitimate?

Central Ohio Housing Development Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Ohio Housing Development Organization 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: $20,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,803

For more financial information, click here


What is the mission statement of Central Ohio Housing Development Organization?
Who is the CEO of Central Ohio Housing Development Organization?
What is the revenue of Central Ohio Housing Development Organization?
Who are the executives of Central Ohio Housing Development Organization and what are their salaries?
Where can I find the form 990 for Central Ohio Housing Development Organization?

Mission Statement of Central Ohio Housing Development Organization

The Central Ohio Housing Development Organization is committed to a mission that involves the development and operation of affordable housing for low and moderate-income households. This mission extends beyond Franklin County, Ohio, and encompasses its surrounding areas as well. The organization focuses on providing housing options both for rent and homeownership.

In pursuit of this mission, the Central Ohio Housing Development Organization undertook the development of the American Addition Neighborhood. This project included the construction of new homes and the renovation of existing properties, all with the aim of making them affordable for eligible low and moderate-income homeowners. The organization then proceeded to sell these properties to these qualified individuals, contributing to the provision of affordable housing options in the community.

Impact

This information is meant to be a general summary of Central Ohio Housing Development Organization. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Central Ohio Housing Development Organization's impact can be seen in the development and operation of affordable housing for low and moderate-income households in Franklin County, Ohio, and its contiguous counties. Through projects like the American Addition neighborhood, Crossing at Joyce, and Restore Columbus, they have provided subsidized housing options for eligible individuals and families. By creating new construction and renovating existing homes, they have helped lower-income individuals achieve homeownership and access stable housing options. This has not only improved living conditions for many but also contributed to the overall community development and well-being of the region.





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: $-1,012
  • Program Service Revenue: $1,532,445
  • Gross Receipts: $1,532,945

    • Assets and Liabilities:
  • Total Assets: $2,217,966
  • Total Liabilities: $1,399,713
  • Net Assets: $818,253
  • Programs

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

    FORGIVENESS OF DEBT

    Revenue

    $1,392,053

    PROGRAM AND MANAGEMENT

    Revenue

    $140,392

    Organization Details

    Founding Year

    1997

    Principal Officer

    Roy Lowenstein

    Main Address

    3443 AGLER ROAD STE 200, COLUMBUS, OH, 43219

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of Central Ohio Housing Development Organization 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.