Overview
What is Nikkei Community Project Inc?
Nikkei Community Project Inc was a nonprofit organization that focused on managing and operating the Ikoi So Terrace Apartments, designed for low-income seniors and the disabled. Established in Portland, Oregon, the organization played a significant role in maintaining these apartments, ensuring they catered to their intended demographic. In July 2014, the low-income apartment project was sold, and the organization filed articles of dissolution on December 17, 2019. By 2020, they had successfully disbursed all remaining funds according to their schedule.
Is Nikkei Community Project Inc legitimate?
Nikkei Community Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nikkei Community Project 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Nikkei Community Project Inc?
The Nikkei Community Project Inc's primary mission was to manage and operate the Ikoi So Terrace Apartments, designed to provide affordable housing for low-income seniors and the disabled. After selling the Low Income Apartment Project on July 11, 2014, the organization continued its operations until it filed articles of dissolution on December 17, 2019. The remaining funds were disbursed in 2020, marking the conclusion of the organization's activities. The primary objective of the Nikkei Community Project Inc was to ensure the continued availability of these apartments, offering a vital living solution for those in need.
Who is the CEO of Nikkei Community Project Inc?
Connie L Masuoka is the Board Memeber of Nikkei Community Project Inc.
What is the revenue of Nikkei Community Project Inc?
Nikkei Community Project Inc's revenue in 2020 was $129.
Who are the executives of Nikkei Community Project Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Nikkei Community Project Inc?
Nikkei Community Project Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Nikkei Community Project Inc
Nikkei Community Project Inc was established with a mission to oversee the management and operation of the Ikoi So Terrace Apartments, which were designed to provide affordable housing for low-income seniors and the disabled. This mission was carried out until July 11, 2014, when the low-income apartment project was sold. After this sale, Nikkei Community Project Inc continued its operations, eventually filing articles of dissolution on December 17, 2019. The organization completed the disbursement of all remaining funds in 2020, signaling the end of its operations. Throughout its tenure, Nikkei Community Project Inc played a significant role in ensuring that low-income seniors and the disabled had access to suitable housing.
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Impact
October, 2024
Nikkei Community Project Inc has had a significant impact on the housing landscape for low-income seniors and individuals with disabilities in Portland, Oregon. By overseeing the management and operation of the Ikoi So Terrace Apartments, the organization provided essential housing support until the project’s sale in 2014. This initiative facilitated access to affordable living spaces for vulnerable populations, ensuring they could maintain their independence and dignity in a supportive environment.
Even after the sale of the apartments and the eventual dissolution of the organization in 2019, the legacy of its commitment to affordable housing continues to resonate in the community. The careful management and eventual distribution of remaining funds underscored a responsible approach in concluding their mission, leaving a lasting impact on the housing options available to low-income residents in the area.
This information is meant to be a general summary of Nikkei Community Project 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 2020.
- Investment Income: $129
- Gross Receipts: $129
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1982
Phone
(503) 236-8623Principal Officer
Connie L Masuoka
Main Address
6305 EAST BURNSIDE, PORTLAND, OR, 97215
NTEE Category
Code: L21Z - Housing
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