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Oregon Corporation For Affordable Housing

Nef Housing Charities

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

EIN: 931113844 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Oregon Corporation For Affordable Housing?

Oregon Corporation for Affordable Housing, operating under the name NEF Housing Charities, is a nonprofit organization based in Chicago, Illinois. Their primary mission is to alleviate poverty and distress by constructing, developing, and managing safe, clean, and affordable low-income housing projects not only in Oregon but also in other states. They function as the general partner or managing member in various investment partnerships, acquiring interests in projects that provide affordable housing for limited income individuals. Additionally, NEF Housing Charities offers asset management services to support these investments. Furthermore, they distribute charitable donations to further their tax-exempt mission.


Is Oregon Corporation For Affordable Housing legitimate?

Oregon Corporation For Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Corporation For Affordable Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Oregon Corporation For Affordable Housing?
Who is the CEO of Oregon Corporation For Affordable Housing?
What is the revenue of Oregon Corporation For Affordable Housing?
Who are the executives of Oregon Corporation For Affordable Housing and what are their salaries?
Where can I find the form 990 for Oregon Corporation For Affordable Housing?

Mission Statement of Oregon Corporation For Affordable Housing

Oregon Corporation for Affordable Housing, often referred to as NEF Housing Charities, is dedicated to alleviating poverty and distress by actively participating in the development, construction, and operation of safe, sanitary, and affordable low-income housing not just in Oregon but also in other states. The organization serves as a general partner or managing member in investor limited partnerships and limited liability companies, acquiring interests in projects that own, construct, rehabilitate, and manage affordable housing units for low-income individuals. Furthermore, NEF Housing Charities also provides and facilitates asset management services to support investments in such low-income housing projects, and it makes grants from charitable donations in line with its tax-exempt mission. By pursuing these activities, Oregon Corporation for Affordable Housing aims to contribute to the provision of affordable housing, thereby improving the living conditions and promoting the well-being of the low-income population.

Impact

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




Saturday, July 20, 2024

Oregon Corporation For Affordable Housing, operating as NEF Housing Charities, plays a crucial role in relieving poverty and distress through the development, construction, and operation of safe, sanitary, and affordable low-income housing in Oregon and other states. By serving as the general partner or managing member of investor partnerships and limited liability companies, this organization acquires interests in projects that provide essential housing for low-income individuals and families. Additionally, NEF Housing Charities offers asset management services to support these investments and makes grants from charitable donations to further its mission. Through its dedicated efforts, Oregon Corporation For Affordable Housing makes a significant impact in addressing the pressing need for affordable housing and improving the lives of individuals facing economic challenges.





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: $36,042
  • Program Service Revenue: $476,514
  • Gross Receipts: $2,543,078

    • Assets and Liabilities:
  • Total Assets: $3,989,728
  • Total Liabilities: $1,026,814
  • Net Assets: $2,962,914
  • Programs

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

    LOW INCOME HOUSING REV

    Revenue

    $476,514

    Organization Details

    Founding Year

    1993

    Principal Officer

    Matthew Reilein

    Main Address

    10 S RIVERSIDE PLAZA SUITE 1700, CHICAGO, IL, 60606

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Oregon Corporation For Affordable Housing 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.