The Oaks
- Assets
- $161.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Lawrence, OH
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 34-0825929
Organization Overview
The Oaks is located in North Lawrence, OH. The organization was established in 1985. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oaks is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Oaks generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.8%) each year. All expenses for the organization totaled $3.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (27.3%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZED TO HOLD TITLE TO PROPERTY USED BY, AND COLLECTING INCOME FROM, AND TURNING OVER THE EXCESS TO THE 501(C)(3) ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Weisgarber President | 1 | $0 | |
Bill Kemp Trustee | 1 | $0 | |
Donald Harwig Trustee | 1 | $0 | |
Jim Henderson Trustee | 1 | $0 | |
Mike Bonk Trustee | 1 | $0 | |
Jack Robinson Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,316 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,316 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $580 |
| Occupancy, rent, utilities, and maintenance | $1,615 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,022 |
| Total expenses | $3,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,558 |
| Other assets | $0 |
| Total assets | $161,158 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,158 |
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