Oconnor Woods Housing Corporation
- Assets
- $90.2m
- Revenue
- $33.1m
- Investments
- $0.0
- Employees
- 432
- Location
- Stockton, CA
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 68-0201024
Organization Overview
Oconnor Woods Housing Corporation is located in Stockton, CA. The organization was established in 1995. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Oconnor Woods Housing Corporation employed 432 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oconnor Woods Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Oconnor Woods Housing Corporation generated $33.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $35.1m during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCEPTIONAL LIVING AND A NETWORK OF SERVICES FOR SENIORS IN OUR REGION TO SUPPORT AND INSPIRE THE HUMAN SPIRIT BY NURTURING WELL-BEING, INDEPENDENCE AND A SENSE OF COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLED NURSING - LICENSED BY THE CALIFORNIA DEPT OF PUBLIC HEALTH AND CERTIFIED BY THE FEDERAL GOVERNMENT FOR PARTICIPATION IN MEDICARE. EXTENSIVE IN-PATIENT AND OUT-PATIENT THERAPIES ARE PROVIDED IN ORDER TO RETURN RESIDENTS TO THEIR HOME OR ALLOW THEM TO BE AS INDEPENDENT AS POSSIBLE.
INDEPENDENT LIVING - PROVIDES PHYSICAL, CIVIC, CULTURAL, SOCIAL AND RECREATIONAL ACTIVITIES AND AN OVERALL ENVIRONMENT CONDUCIVE TO DIGNITY AND INDEPENDENCE. SERVICES PROVIDED INCLUDE: HOUSING, MEALS, HOUSEKEEPING, AND VARIOUS WELLNESS, FITNESS, HEALTH, SOCIAL, SPIRITUAL AND RECREATIONAL PROGRAMS AND ACTIVITIES. THE COMMUNITY IS SPECIALLY DESIGNED TO ENHANCE THE OLDER ADULT'S ABILITY TO REMAIN AS INDEPENDENT AS POSSIBLE.
ASSISTED LIVING - LICENSED BY THE STATE OF CALIFORNIA AS A RESIDENTIAL CARE FACILITY FOR THE ELDERLY, THE ASSISTED LIVING FACILITIES PROVIDE 24 HOUR CARE AND SUPERVISION IN A RESIDENTIAL ENVIRONMENT.MEMORY CARE - LICENSED BY THE STATE OF CALIFORNIA AS A RESIDENTIAL CARE FACILITY FOR THE ELDERLY TO PROVIDE 24 HOUR MEMORY SUPPORT SERVICES FOR THOSE WHO HAVE AGE-RELATED DEMENTIA OR ALZHEIMER'S DISEASES; A-DAY-AWAY - LICENSED BY THE STATE OF CALIFORNIA TO PROVIDE A SAFE, ENGAGING PLACE FOR LOVED ONES FOR A FEW HOURS OR EVEN A FULL DAY.
OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Mallette Executive Director | Officer | 40 | $186,000 |
Michelle Smith Snf Administrator | Officer | 40 | $172,898 |
Tammy Nguyen Director Of Nursing | 40 | $156,040 | |
Alisha Mercer Dir. Of Staff Development | 40 | $108,717 | |
Rimple Singh Registered Nurse | 40 | $104,801 | |
Leah Elemen Licensed Vocational Nurse | 40 | $104,556 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Unidine Corporation Dining Services | 12/30/21 | $2,817,983 |
Eskaton Properties Inc Management Fees | 12/30/21 | $1,994,682 |
Therapy Specialists Contract Therapy | 12/30/21 | $861,351 |
Miller & Kness Inc Construction | 12/30/21 | $779,840 |
Descor Builders Construction | 12/30/21 | $1,824,033 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $284,697 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,382 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,079 |
| Total Program Service Revenue | $30,272,290 |
| Investment income | $656,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,778,226 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,053,547 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $403,937 |
| Compensation of current officers, directors, key employees. | $403,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,450,274 |
| Pension plan accruals and contributions | $78,012 |
| Other employee benefits | $2,318,194 |
| Payroll taxes | $887,978 |
| Fees for services: Management | $1,531,527 |
| Fees for services: Legal | $233 |
| Fees for services: Accounting | $68,999 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $181,489 |
| Fees for services: Other | $2,737,949 |
| Advertising and promotion | $157,971 |
| Office expenses | $814,178 |
| Information technology | $101,754 |
| Royalties | $0 |
| Occupancy | $1,866,591 |
| Travel | $30,003 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,289 |
| Interest | $1,997,815 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,883,670 |
| Insurance | $231,607 |
| All other expenses | $341,354 |
| Total functional expenses | $35,081,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,653,491 |
| Savings and temporary cash investments | $2,986,845 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,272,637 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $98,600 |
| Inventories for sale or use | $159,633 |
| Prepaid expenses and deferred charges | $603,416 |
| Net Land, buildings, and equipment | $47,943,805 |
| Investments—publicly traded securities | $29,962,585 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,559,241 |
| Total assets | $90,240,253 |
| Accounts payable and accrued expenses | $3,034,834 |
| Grants payable | $0 |
| Deferred revenue | $2,256,756 |
| Tax-exempt bond liabilities | $42,230,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,812,128 |
| Total liabilities | $60,333,718 |
| Net assets without donor restrictions | $26,368,578 |
| Net assets with donor restrictions | $3,537,957 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $90,240,253 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oconnor Woods Housing Corporation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of San Joaquin Inc Stockton, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $2,893,923 |
| Earnings | $367,306 |
| Net Contributions | $3,616 |
| Grants | $8,600 |
| Ending Balance | $3,256,245 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humangood Socal Duarte, CA | $306,047,961 | $119,573,837 |
Sequoia Living Inc San Francisco, CA | $412,512,571 | $125,018,618 |
Jewish Home San Francisco, CA | $286,369,109 | $101,598,879 |
Community Eldercare Of San Diego San Diego, CA | $76,291,474 | $103,929,835 |
Center For Elders Independence Oakland, CA | $163,334,060 | $110,881,645 |
Masonic Homes Of California San Francisco, CA | $1,081,181,439 | $41,944,438 |
Motion Picture And Television Fund Woodland Hills, CA | $117,551,107 | $62,254,849 |
Institute On Aging San Francisco, CA | $58,432,886 | $66,846,262 |
Grancell Village Of The Los Angeles Jewish Home For The Aging Reseda, CA | $74,699,459 | $60,276,801 |
Rogue Valley Manor Medford, OR | $249,123,090 | $59,343,722 |
Tempe Life Care Village Inc Tempe, AZ | $225,266,079 | $48,647,054 |
La Posada At Park Centre Inc Green Valley, AZ | $182,054,249 | $47,958,568 |