Overview
What is Oak Forest Apartments Inc?
Oak Forest Apartments Inc is a nonprofit organization that specializes in offering affordable housing solutions. Situated in San Luis Obispo, California, they act as the general partner for Storke Ranch Apartments, a 36-unit complex in Isla Vista. Their mission extends beyond this complex, as they also strive to provide low-income rental housing to the community. By managing these properties, Oak Forest Apartments Inc contributes to the availability of affordable housing options for individuals in need.
Is Oak Forest Apartments Inc legitimate?
Oak Forest Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Forest Apartments 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.
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What is the mission statement of Oak Forest Apartments Inc?
Oak Forest Apartments Inc, as the general partner of Storke Ranch Apartments, dedicates its mission to providing affordable housing. Situated in Isla Vista, California, the 36-unit complex caters to this need. Beyond Storke Ranch, Oak Forest Apartments continues its commitment to offering low-income rental housing to various communities. This organization is instrumental in making affordable housing options accessible to individuals who require them.
Who is the CEO of Oak Forest Apartments Inc?
Vito Gioiello is the Vice President of Oak Forest Apartments Inc.
What is the revenue of Oak Forest Apartments Inc?
Oak Forest Apartments Inc's revenue in 2022 was $39,721.
Who are the executives of Oak Forest Apartments Inc and what are their salaries?
There 13 volunteers at Oak Forest Apartments Inc.
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Where can I find the form 990 for Oak Forest Apartments Inc?
Oak Forest Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oak Forest Apartments Inc
Oak Forest Apartments Inc, as the general partner, plays a significant role in ensuring affordable housing is accessible. Their mission is centered around this, with a focus on serving low-income individuals by managing Storke Ranch Apartments, a 36-unit complex situated in Isla Vista, California. This nonprofit organization is dedicated to providing affordable rental housing, thereby contributing to the well-being of its residents and the broader community.
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Impact
October, 2024
Oak Forest Apartments Inc plays a vital role in the community by providing affordable housing options. Through its management of Storke Ranch Apartments, a 36-unit complex in Isla Vista, CA, it offers essential low-income rental housing opportunities. This initiative not only addresses the pressing need for affordable living spaces in San Luis Obispo but also enhances the quality of life for residents who may otherwise struggle to find suitable housing. By focusing on affordable housing solutions, Oak Forest Apartments significantly contributes to community stability and accessibility.
This information is meant to be a general summary of Oak Forest Apartments 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 2022.
- Investment Income: $1
- Program Service Revenue: $39,720
- Gross Receipts: $39,721
Assets and Liabilities:
- Total Assets: $9,279,358
- Total Liabilities: $73,345
- Net Assets: $9,206,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Partnership Mgmt Belridge
Revenue
$4,000
Partnership Mgmt Oceano
Revenue
$4,200
Partnership Mgmt Rio Vist
Revenue
$11,520
Partnership Mgmt Storke
Revenue
$10,000
Partnership Mgmt Templeto
Revenue
$10,000
Organization Details
Founding Year
1996
Phone
(805) 781-3088Principal Officer
Vito Gioiello
Main Address
1060 Kendall Road, San Luis Obispo, CA, 93401
NTEE Category
Code: L80Z - Housing
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