Shepard Apartments Inc is located in Eugene, OR. The organization was established in 1999. 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. Shepard Apartments 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 06/2023, Shepard Apartments Inc generated $67.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $112.8k during the year ending 06/2023. While expenses have increased by 4.6% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE HOUSING FOR MENTAL OR EMOTIONALLY DISTURBED ADULTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Shepard President | 1 | $0 | |
Donna Brann Vice President | 1 | $0 | |
Ann Penny Secretary | 1 | $0 | |
Jan Rollings Treasurer | 1 | $0 | |
Laurence Hamblen Director | 1 | $0 | |
Sheila Spear Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,741 |
| Total Program Service Revenue | $19,662 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,407 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,910 |
| Professional fees and other payments to independent contractors | $3,435 |
| Occupancy, rent, utilities, and maintenance | $47,194 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,268 |
| Total expenses | $112,807 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,390 |
| Other assets | $0 |
| Total assets | $140,139 |
| Total liabilities | $10,327 |
| Net assets or fund balances | $129,812 |