Overview
What is Three Oaks Family Homes Inc?
Three Oaks Family Homes Inc is a California-based corporation that plays a significant role in the provision of affordable housing. Acting as the sole owner of a limited liability company, it manages a limited partnership in Walnut Creek, offering 36 units of housing for low-income families. Beyond this direct involvement, Three Oaks provides support to EAH, Inc., a related California nonprofit organization, in its mission to provide affordable housing for elderly, very low, low, and moderate-income individuals and families. The corporation's role in this partnership contributes to the broader goal of addressing housing needs within the community.
Is Three Oaks Family Homes Inc legitimate?
Three Oaks Family Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Three Oaks Family Homes Inc submitted a form 990EZ, 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
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What is the mission statement of Three Oaks Family Homes Inc?
Three Oaks Family Homes Inc serves a crucial role by owning a limited liability company that manages a housing partnership, providing 36 units for low-income families. Additionally, the corporation offers support to EAH, Inc., a related California nonprofit, in its mission to provide affordable housing for elderly, very low, low, and moderate-income individuals and families. In essence, Three Oaks Family Homes contributes to the provision of affordable housing, supporting the broader goal of EAH, Inc. to enhance living standards for various income groups.
What is the revenue of Three Oaks Family Homes Inc?
Three Oaks Family Homes Inc's revenue in 2023 was $2,901.
Who are the executives of Three Oaks Family Homes Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990EZ for Three Oaks Family Homes Inc?
Three Oaks Family Homes Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Three Oaks Family Homes Inc
Three Oaks Family Homes Inc, as a corporation, plays a significant role in providing affordable housing solutions. Their primary mission is to support a limited liability company, acting as its general partner in Walnut Creek, California. This partnership provides 36 units of housing for families with low income. Beyond this, Three Oaks Family Homes also extends its assistance to EAH, Inc., a related California nonprofit organization. EAH's mission, in turn, is to offer affordable housing options for elderly individuals, as well as those with very low, low, and moderate incomes. By collaborating with EAH, Inc., Three Oaks Family Homes contributes to a broader effort to address housing affordability and address the needs of various income demographics.
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Impact
October, 2024
Three Oaks Family Homes Inc significantly contributes to the availability of low-income housing in Walnut Creek, California, by owning and managing 36 housing units specifically designed for families in need. By acting as a general partner in a limited partnership, the organization not only provides essential shelter for low-income families but also supports broader efforts to enhance affordable housing options throughout the region. This impact extends to vulnerable populations, including the elderly and individuals with very low to moderate incomes, as Three Oaks collaborates with other organizations, like EAH, Inc., to fulfill shared housing goals. Through its initiatives, Three Oaks Family Homes helps to address the pressing issue of housing affordability, fostering stability and improving quality of life for many families in the community.
This information is meant to be a general summary of Three Oaks Family Homes 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $576
- Gross Receipts: $2,901
Assets and Liabilities:
- Total Assets: $500
- Total Liabilities: $2,413,919
- Net Assets: -$2,413,419
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Organization Details
Principal Officer
Cathy Macy
NTEE Category
Code: L20Z - Housing
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