Overview
What is Oakfield Housing Corporation?
Oakfield Housing Corporation is a dedicated nonprofit organization based on a mission to provide affordable housing for senior citizens. They accomplish this goal by establishing retirement communities, thereby catering to the housing needs of low-income elderly individuals. By offering these communities, they contribute significantly to enhancing the living standards and independence of their target demographic.
Is Oakfield Housing Corporation legitimate?
Oakfield Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Oakfield Housing Corporation 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $5,019
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What is the mission statement of Oakfield Housing Corporation?
Oakfield Housing Corporation is dedicated to providing affordable housing for senior citizens living on a limited income. They accomplish this mission through the establishment and management of retirement communities, ensuring that the elderly have access to comfortable living spaces. The corporation's goal is to contribute to the well-being of the elderly population by making housing more affordable, thereby enhancing their quality of life. Oakfield Housing Corporation's initiatives are centered around providing senior citizens with a secure and affordable living environment.
Who is the CEO of Oakfield Housing Corporation?
Hillory Hallett is the Director of Oakfield Housing Corporation.
What is the revenue of Oakfield Housing Corporation?
Oakfield Housing Corporation's revenue in 2022 was $330,567.
Who are the executives of Oakfield Housing Corporation and what are their salaries?
The average compensation at Oakfield Housing Corporation during 2022 was $1,673. There are 3 employees at Oakfield Housing Corporation.
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Where can I find the form 990 for Oakfield Housing Corporation?
Oakfield Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oakfield Housing Corporation
Oakfield Housing Corporation, a nonprofit organization, is dedicated to providing affordable housing solutions for senior citizens living on a low income. They accomplish this mission through the establishment of retirement communities, serving as a beacon of support for the elderly population. The corporation's primary focus is on offering affordable housing, ensuring that the elderly can maintain their independence and dignity in a safe and comfortable environment.
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Impact
October, 2024
Oakfield Housing Corporation has a significant impact by providing affordable housing solutions for low-income senior citizens in Easton, Maine. Through its retirement communities, the organization offers a safe and supportive living environment for elderly residents, addressing the critical need for accessible housing options. By fulfilling its mission to create sustainable living arrangements for aging individuals, Oakfield Housing Corporation not only enhances the quality of life for seniors but also fosters a sense of community and belonging, enabling them to thrive in their later years. This contribution plays a vital role in improving the overall well-being of the elderly population while promoting social inclusion and stability within the community.
This information is meant to be a general summary of Oakfield Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $254
- Program Service Revenue: $330,313
- Gross Receipts: $330,567
Assets and Liabilities:
- Total Assets: $853,397
- Total Liabilities: $121,836
- Net Assets: $731,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Low Income Housing
Revenue
$330,313
Organization Details
Founding Year
1975
Phone
(207) 488-6652Principal Officer
Hillory Hallett
Main Address
PO Box 444, EASTON, ME, 04740
NTEE Category
Code: L22Z - Housing
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