nonprofit logo

Omega Residential

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

EIN: 472554685 ✦ Gadsden, AL ✦ Designated as a 501(c)(3)

Overview

What is Omega Residential?

Omega Residential is a nonprofit organization based in Gadsden, Alabama, with a focus on providing safe and appropriate housing for individuals who are intellectually, developmentally, and mentally disabled. With a workforce of 86 employees, they strive to create an environment that caters to the unique needs of those they serve. Their mission is centered around offering a secure living space, tailored to the specific requirements of the individuals involved, ensuring their well-being and dignity.


Is Omega Residential legitimate?

Omega Residential is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omega Residential 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: $1,244,595

For more financial information, click here


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

Mission Statement of Omega Residential

Omega Residential, a non-profit organization, is dedicated to providing safe and suitable housing for individuals who are intellectually, developmentally, and mentally disabled. The mission of this organization revolves around ensuring that these individuals have a secure and fitting environment to live in. By offering appropriate housing, Omega Residential aims to improve the quality of life for these individuals, providing them with a sense of belonging and independence. By focusing on this critical need, Omega Residential is making a significant difference in the lives of those who require specialized care and support.

Impact

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




Monday, June 17, 2024

Omega Residential's impact can be seen in the meaningful difference it makes in the lives of intellectually, developmentally, and mentally disabled individuals by providing safe and appropriate housing. By offering a supportive and secure living environment, Omega Residential helps enhance the quality of life for its residents and promotes their well-being. This initiative contributes to fostering independence, dignity, and a sense of belonging among those with special needs in Gadsden, Alabama. Omega Residential's dedication to providing housing for this vulnerable population reflects a commitment to mental health and inclusivity within the 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 2023.

  • Investment Income: $0
  • Program Service Revenue: $2,118,683
  • Gross Receipts: $2,120,809

    • Assets and Liabilities:
  • Total Assets: $1,668,990
  • Total Liabilities: $248,871
  • Net Assets: $1,420,119
  • Programs

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

    BILLING INCOME

    Revenue

    $1,931,658

    ROOM AND BOARD

    Revenue

    $187,025

    Organization Details

    Founding Year

    2014

    Principal Officer

    Jimmy Lee Anderson

    Main Address

    400 BROAD STREET, GADSDEN, AL, 35901

    NTEE Category

    Code: F33 - Mental health

    If you are a representative of Omega Residential 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.