Open Door Housingworks
- Assets
- $1.3m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 72
- Location
- Hillsboro, OR
- Founding
- 12/1986
- Data as of
- 12/2022
- EIN
- 93-0876290
Organization Overview
Open Door Housingworks is located in Hillsboro, OR. The organization was established in 1986. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Open Door Housingworks employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Door Housingworks 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 12/2022, Open Door Housingworks generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 25.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPEN DOOR COUNSELING CENTER IS A HUD CERTIFIED COMPREHENSIVE HOUSING COUNSELING AGENCY TO EDUCATE AND ASSIST UNDERSERVED HOUSEHOLDS TO OBTAIN AND RETAIN AFFORDABLE PERMANENT HOUSING; PROVIDE IMMEDIATE BASIC HUMAN NEEDS FOR COMMUNITY RESIDENTIAL PROMOTE CLIENT SELF DETERMINATION TO ACHIEVE A BETTER QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A HOMELESS DROP-IN CENTER AND PROVIDE COUNSELING TO COMMUNITY MEMBERS FACING HOMELESSNESS.
PROVIDE FIRST TIME HOME BUYER EDUCATION, REVERSE MORTGAGE COUNSELING, AN COUNSELING TO COMMUNITY MEMBERS FACING FORECLOSURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Toevs Executive Dir. | Officer | 40 | $118,208 |
Dagne Thompson Board Chjair | OfficerTrustee | 1 | $0 |
Chris Berry Secretary | OfficerTrustee | 1 | $0 |
Howard Rice Treasurer | OfficerTrustee | 1 | $0 |
Dirk Knudsen Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,441,678 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,533,647 |
| Total Program Service Revenue | $29,349 |
| 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 | $2,572,114 |
| 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. | $118,208 |
| Compensation of current officers, directors, key employees. | $8,275 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $721,256 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,322 |
| Payroll taxes | $317,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,482 |
| Advertising and promotion | $3,019 |
| Office expenses | $45,498 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,194 |
| Travel | $3,901 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $975 |
| Interest | $584 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,073 |
| Insurance | $10,311 |
| All other expenses | $19,511 |
| Total functional expenses | $1,921,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $589,758 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $427,243 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $91,632 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,875 |
| Net Land, buildings, and equipment | $168,361 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,282,870 |
| Accounts payable and accrued expenses | $39,353 |
| 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 | $0 |
| Total liabilities | $39,353 |
| Net assets without donor restrictions | $1,142,885 |
| Net assets with donor restrictions | $100,632 |
| 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 | $1,282,870 |