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Ottey Homes Inc

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

EIN: 743072530 ✦ Frederick, MD ✦ Designated as a 501(c)(3)

Overview

What is Ottey Homes Inc?

Ottey Homes Inc is a nonprofit organization located in Frederick, Maryland. Their primary focus is to provide affordable housing for individuals who have been chronically mentally disabled, in accordance with their exempt purpose. This mission aligns with Section 811 of the National Affordable Housing Act, which Ottey Homes Inc actively implements to ensure that mentally disabled individuals have access to suitable housing options. Their work is essential in promoting a dignified living environment for this vulnerable group of individuals.


Is Ottey Homes Inc legitimate?

Ottey Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ottey Homes 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: $0

For more financial information, click here


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

Mission Statement of Ottey Homes Inc

Ottey Homes Inc, a nonprofit organization, is dedicated to providing affordable housing for the chronically mentally disabled. In line with Section 811 of the National Affordable Housing Act, Ottey Homes Inc has made it its mission to offer suitable living spaces for this vulnerable group. By adhering to an exempt purpose, the organization ensures that affordable housing is made available to those who require it most. The ultimate goal of Ottey Homes Inc is to enhance the quality of life for these individuals, providing them with a secure and supportive living environment.

Impact

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




Sunday, August 4, 2024

Ottey Homes Inc has had a significant impact on the community by providing affordable housing to the chronically mentally disabled in Frederick, Maryland. Their mission to offer housing under Section 811 of the National Affordable Housing Act has helped improve the quality of life for individuals facing significant challenges. By offering a stable and supportive living environment, Ottey Homes Inc is contributing to the well-being and independence of this marginalized population. Their dedication to this cause is reflected in their ongoing commitment to providing housing that aligns with their exempt purpose, making a tangible difference in the lives of those they serve.





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: $5
  • Program Service Revenue: $72,697
  • Gross Receipts: $72,702

    • Assets and Liabilities:
  • Total Assets: $699,855
  • Total Liabilities: $821,481
  • Net Assets: -$121,626
  • Programs

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

    RENTAL INCOME

    Revenue

    $72,697

    Organization Details

    Founding Year

    2002

    Principal Officer

    Sarah Norman

    Main Address

    PO BOX 3734, FREDERICK, MD, 21705

    NTEE Category

    Code: L20 - Housing

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