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Bienestar

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930860753 ✦ Hillsboro, OR ✦ Designated as a 501(c)(3)

Overview

What is Bienestar?

Bienestar is a nonprofit organization headquartered in Hillsboro, Oregon. They are dedicated to building and managing multi-family housing projects, providing safe and affordable homes for low-wage working families and seniors. Their mission encompasses more than just housing, as they also offer resident services programs. The organization has a team of 28 employees, and their initiatives extend beyond just construction and development, ensuring ongoing oversight and management of new projects.


Official website here: www.bienestar-or.org

Is Bienestar legitimate?

Bienestar is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bienestar submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $122,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,940,471

For more financial information, click here


Official website here: www.bienestar-or.org

What is the mission statement of Bienestar?

Bienestar is an organization dedicated to constructing and managing multi-family housing projects. Their primary goal is to offer safe and affordable living spaces for low-wage working families and seniors. By providing these essential housing solutions, Bienestar aims to improve the lives of its residents and ensure they have access to necessary support programs. Through the operation of these housing projects, Bienestar offers development, construction oversight, and management services for new projects, expanding the availability of housing for those in need.


Official website here: www.bienestar-or.org

Who is the CEO of Bienestar?

Nathan Teske is the President of Bienestar.


Official website here: www.bienestar-or.org

What is the revenue of Bienestar?

Bienestar's revenue in 2022 was $12,931,239.


Official website here: www.bienestar-or.org

Who are the executives of Bienestar and what are their salaries?

The average compensation at Bienestar during 2022 was $73,660. There are 28 employees and 15 volunteers at Bienestar.

Here are 15 key members and their salaries:

    Nathan Teske (Executive Director)
  • Compensation: $122,004
  • Related: $0
  • Other: $0

    • Victor Saldanha (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alejandro Ortega (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Vasquez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Hobson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olivia Alcaire (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brianda Alcazar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Cintron (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grant Corliss (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Ruff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl A Hilbert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Mora-Torres (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cristina Camacho (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christian E Vasquez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Austin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bienestar-or.org

    Where can I find the form 990 for Bienestar?

    The Bienestar’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bienestar-or.org

    Learn more at the official website: www.bienestar-or.org

    Mission Statement of Bienestar

    Bienestar, a nonprofit organization, is committed to building and operating multi-family housing projects that ensure the provision of safe, affordable housing for low-wage working families and seniors. The mission of Bienestar is twofold: firstly, to construct and manage housing projects, and secondly, to offer resident services programs. The organization's primary goal is to create a shelter where families and seniors can call home, free from financial worries and insecurity.

    Bienestar's initiatives extend beyond simply providing housing. They also oversee the development and construction of new projects, ensuring that they will add to the existing inventory of affordable housing. In doing so, they contribute to the creation of thriving communities where families and seniors can build a better future for themselves. The organization's commitment to its residents goes beyond the physical structure of their homes. It also includes the provision of essential services, essential for their overall well-being.

    By focusing on the needs of low-wage working families and seniors, Bienestar plays a crucial role in addressing the housing crisis faced by these populations. The organization's mission is not just about housing but also about creating stable living environments that enable individuals and families to build a foundation for a better future. Their efforts provide a valuable safety net, allowing those who might otherwise struggle to find affordable housing to have a chance at a more secure existence.

    Impact

    This information is meant to be a general summary of Bienestar. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Bienestar's impact is seen in the tangible difference it makes in the lives of low-wage working families and seniors by providing safe and affordable housing. Through their multi-family housing projects and resident services programs in Hillsboro, Oregon, Bienestar addresses the critical need for housing security among vulnerable populations. By offering seasonal and year-round housing options, as well as overseeing the development and construction of new housing projects, Bienestar not only provides a roof over their residents' heads but also fosters community and support for those in need. This nonprofit's dedication to ensuring access to housing for those most in need exemplifies their commitment to creating sustainable and meaningful change within their community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $110,068
  • Program Service Revenue: $6,931,561
  • Gross Receipts: $12,931,239

    • Assets and Liabilities:
  • Total Assets: $43,787,145
  • Total Liabilities: $13,279,469
  • Net Assets: $30,507,676
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $4,363,928

    DEVELOPER FEE INCOME

    Revenue

    $2,512,493

    RESIDENT SERVICES INCOME

    Revenue

    $55,140

    Organization Details

    Founding Year

    1981

    Principal Officer

    Nathan Teske

    Main Address

    PO BOX 665, HILLSBORO, OR, 97123

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Bienestar and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.