Overview
What is Oakhill Associates Inc?
Oakhill Associates Inc is a nonprofit organization situated in Hines, Oregon. Their primary focus is on owning and managing low-income housing, offering affordable living options for individuals with moderate to low incomes. They accomplish this through their 56-unit apartment complex, named Oakhill apartments. By doing so, they contribute significantly to the community by providing decent and affordable housing, thereby enhancing the lives of their residents.
Official website here: www.nwhousing.org
Is Oakhill Associates Inc legitimate?
Oakhill Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakhill Associates 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: $0
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Official website here: www.nwhousing.org
What is the mission statement of Oakhill Associates Inc?
Oakhill Associates Inc, as an organization, is committed to owning and managing low-income housing. Their primary objective is to provide decent and affordable living spaces for individuals with modest incomes. Located in an unspecified location, they accomplish this mission through their 56-unit apartment complex named Oakhill apartments, situated in Hines, Oregon. By offering such housing, Oakhill Associates Inc significantly contributes to the wellbeing of the local community, ensuring that a diverse group of people can reside in a comfortable and affordable environment.
Official website here: www.nwhousing.org
Who is the CEO of Oakhill Associates Inc?
Ray Hackworth is the Sec/Treasure of Oakhill Associates Inc.
Official website here: www.nwhousing.org
What is the revenue of Oakhill Associates Inc?
Oakhill Associates Inc's revenue in 2022 was $407,519.
Official website here: www.nwhousing.org
Who are the executives of Oakhill Associates Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nwhousing.org
Where can I find the form 990 for Oakhill Associates Inc?
Oakhill Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwhousing.org
Learn more at the official website: www.nwhousing.org
Mission Statement of Oakhill Associates Inc
Oakhill Associates Inc, a nonprofit organization, is dedicated to its mission of providing decent and affordable housing to individuals with low and moderate incomes. The organization accomplishes this mission by owning and operating a 56-unit apartment complex, named Oakhill Apartments, in an unspecified location. By doing so, Oakhill Associates Inc contributes to the housing needs of this particular demographic, ensuring they have access to safe and comfortable living spaces. The nonprofit's commitment to this cause not only addresses the basic need for shelter but also plays a role in fostering a sense of community and stability for its residents.
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Impact
October, 2024
Oakhill Associates Inc. plays a crucial role in addressing housing needs for low and moderate income individuals and families in Hines, Oregon. By owning and operating the 56-unit Oakhill Apartments, the organization provides decent and affordable housing options, which are essential for fostering stability and improving the quality of life for its residents. This effort not only helps to alleviate the housing crisis but also supports community development by enabling residents to focus on other important aspects of their lives, such as employment, education, and health. The impact of Oakhill Associates is significant in creating a more inclusive and supportive environment for those who are often marginalized in the housing market.
This information is meant to be a general summary of Oakhill Associates 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: $7
- Program Service Revenue: $407,512
- Gross Receipts: $407,519
Assets and Liabilities:
- Total Assets: $618,321
- Total Liabilities: $112,773
- Net Assets: $505,548
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$396,592
TENANT CHARGES
Revenue
$6,574
LAUNDRY AND VENDING
Revenue
$3,245
MISC. REV
Revenue
$1,101
Organization Details
Founding Year
1996
Phone
(503) 654-1007Principal Officer
Ray Hackworth
Main Address
2316 SE WILLARD STREET, MILWAUKIE, OR, 97222
Website
www.nwhousing.orgNTEE Category
Code: L20 - Housing
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