Oak Hill Inc

Organization Overview

Oak Hill Inc is located in Ipswich, MA. The organization was established in 1989. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Oak Hill 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 06/2022, Oak Hill Inc generated $661.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $598.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE LOW-INCOME HOUSING TO QUALIFIED ELDERLY PEOPLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED LOW-INCOME HOUSING FOR THE ELDERLY UNDER THE GUIDELINES SET BY U.S. RURAL DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Roger Burke
Vice Preside
$0
Steven Cottrell
Treasurer
$0
James Whitmore
President
$0
Lauri Carlson
Board Member
$0
Beverly Cottrell
Board Member
$0
Dorothy Levesque
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $477,805
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$477,805
Total Program Service Revenue$173,500
Investment income $792
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $661,227

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Oak Hill Inc has recieved totaling $2,500.

Awarding OrganizationAmount
Coburn Charitable Society

Ipswich, MA

PURPOSE: TO PROVIDE HOME & RESIDENTIAL CARE TO THE ELDERLY

$2,500
View Grant Recipient Profile

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