Homewood Corporation Dba Homewoods On The Willamette

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

EIN: 943101853 ✦ Milwaukie, OR ✦ Designated as a 501(c)(3)

Overview

What is Homewood Corporation Dba Homewoods On The Willamette?

Homewood Corporation, doing business as Homewoods On The Willamette, is a not-for-profit organization situated in Milwaukie, Oregon. They have established 113 units of high-quality, affordable housing specifically designed for the elderly community, providing them with a residence below market rates. With a team of 32 employees, this organization is committed to enhancing the living standards of the elderly population by offering them a suitable housing solution.


Official website here: www.homewoods.org

Is Homewood Corporation Dba Homewoods On The Willamette legitimate?

Homewood Corporation Dba Homewoods On The Willamette is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homewood Corporation Dba Homewoods On The Willamette 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: $939,413

For more financial information, click here


Official website here: www.homewoods.org

What is the mission statement of Homewood Corporation Dba Homewoods On The Willamette?

Homewood Corporation, doing business as Homewoods On The Willamette, is a not-for-profit organization dedicated to providing retirement housing for the elderly. Their mission is evident in the 113 units they offer, which are kept at rents below market value. This organization is committed to ensuring that elderly individuals have access to quality housing, thereby contributing to their well-being and comfort during their retirement years. The organization's activities are centered around this mission, providing a supportive living environment for the elderly.


Official website here: www.homewoods.org

Who is the CEO of Homewood Corporation Dba Homewoods On The Willamette?

Phil Fogg is the President of Homewood Corporation Dba Homewoods On The Willamette.


Official website here: www.homewoods.org

What is the revenue of Homewood Corporation Dba Homewoods On The Willamette?

Homewood Corporation Dba Homewoods On The Willamette's revenue in 2022 was $3,231,581.


Official website here: www.homewoods.org

Who are the executives of Homewood Corporation Dba Homewoods On The Willamette and what are their salaries?

The average compensation at Homewood Corporation Dba Homewoods On The Willamette during 2022 was $29,357. There are 32 employees and 9 volunteers at Homewood Corporation Dba Homewoods On The Willamette.

Here are 9 key members and their salaries:

    Dr Brian Hotrum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Fogg (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Hopper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Waite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Knapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Hobizal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Dearth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don G Carter (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Larvick (Sec/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.homewoods.org

    Where can I find the form 990 for Homewood Corporation Dba Homewoods On The Willamette?

    The Homewood Corporation Dba Homewoods On The Willamette’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.homewoods.org

    Learn more at the official website: www.homewoods.org

    Mission Statement of Homewood Corporation Dba Homewoods On The Willamette

    Homewood Corporation Dba Homewoods On The Willamette is a not-for-profit organization committed to providing retirement housing for the elderly. Its mission is to offer 113 units of high-quality housing to elderly individuals, ensuring that the rents remain below market value. This organization plays a significant role in providing a comfortable living environment for the elderly, enabling them to maintain their independence and dignity in their golden years. By offering affordable housing, Homewood Corporation Dba Homewoods On The Willamette contributes to the well-being of the elderly community, ensuring that they have a secure and comfortable place to call home.

    Impact

    This information is meant to be a general summary of Homewood Corporation Dba Homewoods On The Willamette. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    Homewood Corporation, operating as Homewoods On The Willamette, has had a significant impact by providing 113 units of quality housing at rents below market value to elderly individuals in MILWAUKIE, OR. Their mission focuses on offering retirement housing for the elderly, addressing an important need within the community. This organization's efforts contribute to improving the quality of life for elderly residents by ensuring they have access to affordable and comfortable housing options.





    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: $3,764
  • Program Service Revenue: $3,227,317
  • Gross Receipts: $3,231,581

    • Assets and Liabilities:
  • Total Assets: $6,949,900
  • Total Liabilities: $6,291,660
  • Net Assets: $658,240
  • Programs

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

    Congregate Service Income

    Revenue

    $198,260

    Net Rental Receipts

    Revenue

    $3,029,057

    Organization Details

    Founding Year

    1989

    Principal Officer

    Phil Fogg

    Main Address

    17971 SE River Road, Milwaukie, OR, 97267

    NTEE Category

    Code: L22 - Housing

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