Emerson Plaza Afforadable Housing Inc
- Assets
- $492.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 93-1219286
Organization Overview
Emerson Plaza Afforadable Housing Inc is located in Portland, OR. The organization was established in 1996. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Emerson Plaza Afforadable Housing 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 12/2022, Emerson Plaza Afforadable Housing Inc generated $174.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $161.0k during the year ending 12/2022. While expenses have increased by 7.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONTINUED TO OPERATE AND ADEQUATELY MAINTAIN A 16 UNIT MULTIFAMILY APARTMENT BUILDING FOR LOW-INCOME FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey Rice Chair | 0 | $0 | |
Samuel Cole Treasurer | 0 | $0 | |
Mary Schoen-Clark Executive Di | 0 | $0 | |
Robyn Harris Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $174,622 |
| Membership dues | $0 |
| Investment income | $302 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,924 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $58,370 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $102,605 |
| Total expenses | $160,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $344,039 |
| Other assets | $0 |
| Total assets | $492,903 |
| Total liabilities | $95,449 |
| Net assets or fund balances | $397,454 |