Woodland Apartments Preservation Inc is located in North Bend, OR. The organization was established in 1997. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodland Apartments Preservation Inc 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 06/2022, Woodland Apartments Preservation Inc generated $579.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $645.9k during the year ending 06/2022. 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
PROVIDING LOW INCOME HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LOW INCOME HOUSING TO ELIGIBLE FAMILIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Martin President | OfficerTrustee | 2 | $0 |
Candy Jacobs Vice President | OfficerTrustee | 2 | $0 |
Charles Craig Director | Trustee | 2 | $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 | $578,991 |
Investment income | $32 |
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 | $579,023 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $105,462 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $59,843 |
Payroll taxes | $8,585 |
Fees for services: Management | $41,937 |
Fees for services: Legal | $2,272 |
Fees for services: Accounting | $14,899 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,214 |
Office expenses | $22,827 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $120,603 |
Insurance | $47,098 |
All other expenses | $24,412 |
Total functional expenses | $645,876 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,607 |
Savings and temporary cash investments | $280,307 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $19,284 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $12,792 |
Prepaid expenses and deferred charges | $39,068 |
Net Land, buildings, and equipment | $1,017,742 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $22,164 |
Total assets | $1,397,964 |
Accounts payable and accrued expenses | $85,549 |
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 | $30,781 |
Total liabilities | $116,330 |
Net assets without donor restrictions | $1,281,634 |
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 | $1,397,964 |
Organization Name | Assets | Revenue |
---|---|---|
Front Porch Communities Operating Group Llc Glendale, CA | $0 | $63,438,130 |
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Mira Bella Seattle, WA | $187,904,464 | $31,331,607 |
Humangood Fresno Duarte, CA | $99,958,177 | $30,814,211 |
Mirabella At South Waterfront Portland, OR | $173,639,306 | $25,337,918 |
Humangood Nevada Duarte, CA | $70,139,943 | $27,024,940 |
Dallas Mennonite Retirement Community Inc Dallas, OR | $84,334,175 | $25,845,409 |
Humangood Idaho Duarte, CA | $92,297,372 | $17,990,575 |
Lutheran Retirement Home Of Greater Seattle Inc Seattle, WA | $84,207,346 | $21,992,663 |
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Hollenbeck Palms Los Angeles, CA | $91,601,425 | $22,351,666 |
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