nonprofit logo

Ohio Valley Opportunities Inc

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

EIN: 351125641 ✦ Madison, IN ✦ Designated as a 501(c)(3)

Overview

What is Ohio Valley Opportunities Inc?

Ohio Valley Opportunities Inc, based in Madison, Indiana, is a nonprofit community action agency. They administer programs funded by the federal government and the state of Indiana, using the funds to create self-sufficiency opportunities for low-income individuals and families. Their initiatives encompass community services, housing development and assistance, rehabilitation, weatherization, child care development, and energy assistance. As a community action agency, Ohio Valley Opportunities Inc addresses the root causes of poverty through effective financial resource management. Their services empower individuals and families to achieve financial stability, reach their full potential, and contribute to their community. With a team of 77 dedicated employees, Ohio Valley Opportunities Inc plays a significant role in improving the lives of those in need.


Is Ohio Valley Opportunities Inc legitimate?

Ohio Valley Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Valley Opportunities 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: $1,637,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,697

For more financial information, click here


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

Mission Statement of Ohio Valley Opportunities Inc

Ohio Valley Opportunities Inc, a community action agency, is dedicated to tackling the root causes of poverty and achieving self-sufficiency for low-income individuals and families. With a focus on good stewardship of the financial resources entrusted to them, Ohio Valley Opportunities Inc provides quality services that empower individuals and families to attain financial stability and reach their full potential. By promoting participation in their communities, the organization aims to foster leadership among those they serve. Ohio Valley Opportunities Inc is committed to delivering outcome-based services that go beyond mere assistance, investing in the long-term growth and development of those they assist. Through their initiatives, they offer opportunities for individuals and families to become self-reliant and active contributors to their communities. Ohio Valley Opportunities Inc's mission is driven by a strong belief that everyone deserves the chance to thrive, and they strive to create an environment that fosters personal growth, empowerment, and community engagement.

Impact

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




Thursday, August 15, 2024

Ohio Valley Opportunities Inc's impact can be seen in its commitment to providing services for low-income individuals and families to attain self-sufficiency. Through various programs funded by the federal government and the state of Indiana, the organization intervenes at critical points in poverty to enable families and individuals to become more self-sufficient. Services provided include community services, housing development and assistance, rehabilitation, weatherization, child care development, and energy assistance, among others.

As a community action agency, Ohio Valley Opportunities Inc tackles the root causes of poverty through the good stewardship of financial resources entrusted to them. Their mission is to empower low-income individuals and families to become financially stable, realize their full potential, and become participating citizens and leaders in the community. By administering grants for energy assistance, weatherization, Section 8 housing, community services block grants, and Head Start, Ohio Valley Opportunities Inc is making a direct impact on the lives of those in need in the Madison, Indiana community.





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: $34,009
  • Program Service Revenue: $198,530
  • Gross Receipts: $13,390,399

    • Assets and Liabilities:
  • Total Assets: $5,807,340
  • Total Liabilities: $1,345,872
  • Net Assets: $4,461,468
  • Programs

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

    APARTMENT RENTAL INCOME

    Revenue

    $198,530

    Organization Details

    Founding Year

    1965

    Principal Officer

    Elaina Freeman

    Main Address

    PO BOX 625, MADISON, IN, 47250

    NTEE Category

    Code: P200 - Human services

    If you are a representative of Ohio Valley Opportunities 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.