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Hillsboro Supportive Housing Inc

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

EIN: 931199803 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Hillsboro Supportive Housing Inc?

Hillsboro Supportive Housing Inc., established in 1996, is a nonprofit organization located in Portland, Oregon. Its primary mission is to provide housing assistance for low-income physically disabled adults, operating a 25-unit apartment complex named Rolling Green Apartments. Financed under Section 811 of the National Housing Act, the organization is subject to regulations by the U.S. Department of Housing and Urban Development (HUD) regarding rental charges and operating methods. By offering suitable housing, Hillsboro Supportive Housing Inc. contributes to enhancing the living conditions of those in need, thus promoting overall well-being and independence.


Official website here: www.quadinc.org

Is Hillsboro Supportive Housing Inc legitimate?

Hillsboro Supportive Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillsboro Supportive Housing 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: $60,990

For more financial information, click here


Official website here: www.quadinc.org

What is the mission statement of Hillsboro Supportive Housing Inc?

Hillsboro Supportive Housing Inc, as a nonprofit organization, is dedicated to providing housing assistance for low-income physically disabled individuals. Their mission, as stated, is centered around this purpose. They own and operate a 25-unit apartment complex specifically designed for this demographic, adhering to regulations set by the U.S. Department of Housing and Urban Development (HUD) regarding rental charges and operating methods. The organization's aim is to offer suitable housing solutions for eligible tenants within this category, contributing to their overall well-being and independence.


Official website here: www.quadinc.org

Who is the CEO of Hillsboro Supportive Housing Inc?

Curt Germundson is the Executive Dir. of Hillsboro Supportive Housing Inc.


Official website here: www.quadinc.org

What is the revenue of Hillsboro Supportive Housing Inc?

Hillsboro Supportive Housing Inc's revenue in 2023 was $276,266.


Official website here: www.quadinc.org

Who are the executives of Hillsboro Supportive Housing Inc and what are their salaries?

There 15 volunteers at Hillsboro Supportive Housing Inc.


Here are 4 key members and their salaries:


Curt Germundson (Executive Dir.)
  • Compensation: $0
  • Related: $138,360
  • Other: $12,787
Pete A Denman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Rumbel (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas E Mattson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.quadinc.org

Where can I find the form 990 for Hillsboro Supportive Housing Inc?

Hillsboro Supportive Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.quadinc.org

Learn more at the official website: www.quadinc.org

Mission Statement of Hillsboro Supportive Housing Inc

Hillsboro Supportive Housing Inc, a nonprofit organization, is dedicated to providing housing assistance for low-income physically disabled individuals. Established in 1996, the organization operates under Section 811 of the National Housing Act, financing and constructing a 25-unit apartment complex specifically designed for this population. The project, known as Rolling Green Apartments, operates under the regulation of the U.S. Department of Housing and Urban Development (HUD), governing rental charges and operating methods. Hillsboro Supportive Housing Inc's mission is to offer housing solutions for eligible tenants who face physical disabilities, ensuring they have a suitable living environment.

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Impact




October, 2024

Hillsboro Supportive Housing Inc significantly impacts the community by providing essential housing assistance to low-income physically disabled individuals. By operating a 25-unit apartment complex specifically designed for this vulnerable population in Hillsboro, Oregon, it creates a stable living environment tailored to their needs.

This initiative not only addresses the immediate need for affordable housing but also promotes independence and quality of life for its residents. The apartments are thoughtfully constructed to meet the unique requirements of physically disabled adults, ensuring accessibility and comfort. The funding through Section 811 of the National Housing Act and adherence to regulations set by the U.S. Department of Housing and Urban Development (HUD) further enhance the project's sustainability and transparency.

Overall, the organization's commitment to supporting low-income physically disabled individuals fosters a sense of community, reduces the risk of homelessness, and empowers residents to thrive in their living situations. Through its efforts, Hillsboro Supportive Housing Inc plays a vital role in enhancing the social fabric of the area and improving the lives of those it serves.




This information is meant to be a general summary of Hillsboro Supportive Housing 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
$276,266 (2023)
Expenses
$280,440 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8
  • Program Service Revenue: $128,089
  • Gross Receipts: $276,266

Assets and Liabilities:

  • Total Assets: $1,063,956
  • Total Liabilities: $11,876
  • Net Assets: $1,052,080

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Programs

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

HUD SUBSIDY & TENANT RENT

Revenue

$125,417

LAUNDRY & VENDING REVENUE

Revenue

$2,672

Organization Details

Founding Year

1996

Principal Officer

Curt Germundson

Main Address

6645 NE 78th Court C-7, Portland, OR, 97218

NTEE Category

Code: L22 - Housing

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