Independent Order Of Odd Fellows is located in Portland, OR. The organization was established in 1962. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Independent Order Of Odd Fellows is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 02/2023, Independent Order Of Odd Fellows generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $806.9k during the year ending 02/2023. While expenses have increased by 3.8% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOW INCOME/SUBSIDIZED HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
KENILWORTH PARK PLAZA PROVIDES LOW INCOME/SUBSIDIZED (HUD) HOUSING FOR THE ELDERLY AND HAS 77 UNITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth Deitz CFO | Officer | 4 | $0 |
Dane Jensen March-Aug Executive Dir. | Officer | 4 | $0 |
Joe Lilienthal Sep-Nov Interim Ed | Officer | 4 | $0 |
Sandra Simon Executive Dir. | Officer | 4 | $0 |
Ev Smith Vice Chair | OfficerTrustee | 1 | $0 |
Jeff Blades Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,102,561 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,103,324 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $30,399 |
Compensation of current officers, directors, key employees. | $30,399 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $140,897 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $455 |
Payroll taxes | $45,305 |
Fees for services: Management | $192,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,506 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $25,821 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $141,385 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $132 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,603 |
Insurance | $110,814 |
All other expenses | $3,828 |
Total functional expenses | $806,907 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $135,107 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $211 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $176,830 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $611,358 |
Total assets | $923,506 |
Accounts payable and accrued expenses | $61,678 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
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 | $23,018 |
Total liabilities | $84,696 |
Net assets without donor restrictions | $838,810 |
Net assets with donor restrictions | $0 |
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 | $923,506 |