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Aster Inc

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

EIN: 208192679 ✦ Eugene, OR ✦ Designated as a 501(c)(3)

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Overview

What is Aster Inc?

Aster Inc is a nonprofit organization situated in Eugene, Oregon. Their primary mission is to alleviate housing challenges for low-income families by offering affordable housing solutions. Through their housing program, they aim to make a positive impact on the community by providing much-needed accommodation for families in need. While the information provided does not detail any additional services or initiatives, Aster Inc's core focus remains on delivering affordable housing options to those in need.

Is Aster Inc legitimate?

Aster Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aster 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.


Heare 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 Aster Inc?

Aster Inc, as a housing program, is dedicated to serving needy families by providing them with affordable housing options. This mission is carried out through various initiatives, with the primary focus being on making housing accessible for those in need. The organization's activities are centered around this goal, ensuring that low-cost housing is available to families who require it. By doing so, Aster Inc contributes to improving the living conditions of these families, thereby enhancing their quality of life.

Who is the CEO of Aster Inc?

Terrence Mcdonald is the Chair of Aster Inc.

What is the revenue of Aster Inc?

Aster Inc's revenue in 2022 was $278,683.

Who are the executives of Aster Inc and what are their salaries?

There 2 volunteers at Aster Inc.


Here are 4 key members and their salaries:


Terrence Mcdonald (Chair)
  • Compensation: $0
  • Related: $201,305
  • Other: $447
Bethany Cartledge (Secretary)
  • Compensation: $0
  • Related: $145,713
  • Other: $6,705
Jennene Norblad (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Mcdonald (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aster Inc?

Aster Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aster Inc

Aster Inc, a nonprofit organization, is committed to providing affordable housing solutions for families in need. Their mission is centered around offering low-cost housing, aiming to make a significant impact in the lives of vulnerable families. Through their housing program, Aster Inc strives to provide a stable living environment, offering essential housing assistance to those who require it most.

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Impact




October, 2024

Aster Inc significantly impacts the community by offering low-cost housing solutions to needy families in Eugene, OR. By addressing the critical issue of affordable housing, the organization plays a vital role in alleviating housing insecurity. This initiative helps families gain stable living conditions, which can lead to improved overall well-being, enhanced opportunities for children, and a stronger community. The provision of affordable housing supports economic stability for families while fostering a sense of belonging and community engagement among residents.




This information is meant to be a general summary of Aster Inc. 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.

Revenue
$278,683 (2022)
Expenses
$407,517 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $231
  • Program Service Revenue: $217,912
  • Gross Receipts: $278,683

Assets and Liabilities:

  • Total Assets: $4,510,955
  • Total Liabilities: $34,313
  • Net Assets: $4,476,642

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Programs

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

RENTAL REVENUES

Revenue

$214,184

LAUNDRY REVENUE

Revenue

$3,678

TENANT CHARGES

Revenue

$50

Organization Details

Founding Year

2007

Principal Officer

Terrence Mcdonald

Main Address

PO BOX 24608, EUGENE, OR, 97402

NTEE Category

Code: L22 - Housing

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