Ontic Initiative Ltd
- Assets
- $10.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Falmouth, MA
- Founding
- Data as of
- 12/2023
- EIN
- 93-2286403
Organization Overview
Ontic Initiative Ltd is located in Falmouth, MA. According to its NTEE Classification (L05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ontic Initiative Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ADVANCING HOME DESIGN TO BETTER FOSTER WELLNES BY CONSIDERING NATURAL, BEHAVIORAL, AND PHYSICAL SCIENCES, CONDUCTING QUANTITATIVE RESEARCH INTO THE IMPACT OF HOME ENVIRONMENTS, DEVELOPING A NEW STANDARD OF HOMES THAT PROMOTE WELL-BEING OF INHABITANTS BY CONSIDERING THE SIX PILLARS OF WELLNESS: QUALITY SLEEP, CONNECTION TO NATURE, DAILY MOVEMENT, FUEL (NOURISHMENT AND HYDRATION), RELATIONSHIPS AND COMMUNITY, AND MEANING, AND FUNDING FELLOWSHIPS TO SUPPORT THESE ENDEAVORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Swensson Clerk/executive Director | 1 | $0 | |
Mark Hutker President | 1 | $0 | |
Thomas Mcneill Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,968 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,968 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $46,871 |
| Total expenses | $46,968 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $10,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Systems Building Research Alliance New York, NY | $6,333,539 | $3,083,181 |
Nantucket Sustainable Development Corporation Nantucket, MA | $348,003 | $462,629 |
Gotham Housing Coalition Inc New York, NY | $33,009 | $398,920 |
Boston Tenant Coalition Inc Boston, MA | $259,010 | $327,381 |
Affordable Housing Accreditation Board Cheshire, CT | $0 | $233,755 |
Connecticut Housing Coalition Inc Wethersfield, CT | $0 | $40,281 |
Center For Building Inc Brooklyn, NY | $475,913 | $543,493 |
Ontic Initiative Ltd Falmouth, MA | $10,000 | $0 |