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New Oaks Affordable Housing Llc

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

EIN: 822621660 ✦ Oakmont, PA ✦ Designated as a 501(c)(3)

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Overview

What is New Oaks Affordable Housing Llc?

New Oaks Affordable Housing Llc is a nonprofit organization, situated in Oakmont, Pennsylvania, with a specific mission to develop, own, and manage housing units for individuals and families with modest income levels. Their main objective is to provide affordable living spaces, contributing to the community by ensuring that low-income individuals and families have access to secure and comfortable housing options. The organization's activities revolve around the development, ownership, and operation of such housing units, ensuring that they remain affordable and meet the needs of their residents.

Is New Oaks Affordable Housing Llc legitimate?

New Oaks Affordable Housing Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Oaks Affordable Housing Llc 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 New Oaks Affordable Housing Llc?

New Oaks Affordable Housing LLC is committed to a mission of developing, owning, and operating housing solutions for families and individuals with modest and low incomes. This organization is dedicated to providing affordable living spaces, ensuring that everyone has access to a place they can call home, regardless of their financial situation. By developing, owning, and operating these properties, New Oaks Affordable Housing LLC contributes to the community by providing stable living environments for those in need.

Who is the CEO of New Oaks Affordable Housing Llc?

James B Pieffer is the Vice Pres/Se of New Oaks Affordable Housing Llc.

What is the revenue of New Oaks Affordable Housing Llc?

New Oaks Affordable Housing Llc's revenue in 2022 was $322,622.

Who are the executives of New Oaks Affordable Housing Llc and what are their salaries?


Here are 2 key members and their salaries:


James B Pieffer (Vice Pres/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Winkler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Oaks Affordable Housing Llc?

New Oaks Affordable Housing Llc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Oaks Affordable Housing Llc

New Oaks Affordable Housing LLC is dedicated to a mission of creating and managing housing options for families and individuals with modest incomes. Their primary goal is to develop, own, and operate these residential properties, ensuring that they are accessible and affordable for this demographic. By doing so, they aim to contribute to the wider community by providing stable living environments, thereby promoting a sense of security and well-being for those who are in need of such resources.

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Impact




October, 2024

New Oaks Affordable Housing LLC plays a vital role in improving the quality of life for low and moderate-income families and individuals in Oakmont, PA. By developing, owning, and operating affordable housing, the organization addresses the critical need for accessible housing options in the community. This initiative not only provides residents with safe and stable living conditions but also fosters economic stability and community development.

The impact of New Oaks Affordable Housing LLC extends beyond just providing shelter. The availability of affordable housing helps to reduce homelessness and housing instability, allowing families to thrive. Moreover, it supports the local economy by creating jobs and encouraging local businesses as more residents settle in the area. The organization's commitment to its mission ensures that everyone has the opportunity to live in a supportive and nurturing environment, ultimately contributing to stronger, more resilient communities.




This information is meant to be a general summary of New Oaks Affordable Housing Llc. 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
$322,622 (2022)
Expenses
$377,883 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $322,615
  • Gross Receipts: $322,622

Assets and Liabilities:

  • Total Assets: $393,801
  • Total Liabilities: $0
  • Net Assets: $393,801

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Organization Details

Principal Officer

James B Pieffer

Main Address

1215 HULTON ROAD, OAKMONT, PA, 15139

NTEE Category

Code: L20 - Housing

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