Oak Tree Apartments Corp
- Assets
- $276.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington, WV
- Founding
- 06/2001
- Data as of
- 06/2022
- EIN
- 55-0780852
Organization Overview
Oak Tree Apartments Corp is located in Huntington, WV. The organization was established in 2001. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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 Tree Apartments Corp 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 Tree Apartments Corp generated $53.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $57.4k during the year ending 06/2022. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
THE CORPORATION OWNS A SIX UNIT APARTMENT COMPLEX FOR LOW-INCOME, MENTALLY IMPAIRED INDIVIDUALS. ALL EXPENSES ARE ATTRIBUTED TO THE FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Markun Chair | 0 | $0 | |
Connie Chapman Secretary | 0 | $0 | |
Natalie Erlenwein Treasurer | 0 | $0 | |
Lisa Zappia Vice Chair | 0 | $0 | |
Maria Finley Member | 0 | $0 | |
Christi Fallecker Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,691 |
| Total Program Service Revenue | $18,850 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,560 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,890 |
| Professional fees and other payments to independent contractors | $10,710 |
| Occupancy, rent, utilities, and maintenance | $27,180 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,636 |
| Total expenses | $57,416 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,181 |
| Other assets | $0 |
| Total assets | $276,693 |
| Total liabilities | $27,047 |
| Net assets or fund balances | $249,646 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Plase Inc Baltimore, MD | $6,563,951 | $8,999,720 |
Over The Rhine Community Housing Cincinnati, OH | $24,358,276 | $7,722,304 |
Norris Square Community Alliance Philadelphia, PA | $13,759,138 | $8,779,038 |
Society Of St Vincent Depaul Council Of Louisville Louisville, KY | $10,950,346 | $7,888,364 |
Ebed Community Improvement Inc Upper Marlboro, MD | $8,136,869 | $7,675,137 |
Socayr Inc Louisville, KY | $34,945,508 | $6,749,829 |
Creative Housing Inc Columbus, OH | $43,851,773 | $5,323,506 |
Family Scholar House Inc Louisville, KY | $18,614,591 | $4,995,688 |
Lewinsville Retirement Residence McLean, VA | $23,915,511 | $4,142,115 |
Patricia And Mark Joseph Shelter Foundation Inc Baltimore, MD | $50,852,875 | $6,368,087 |
Regina Manor Apartments Inc Toledo, OH | $0 | $7,363 |
American Village Communities Inc Fairfax, VA | $15,020,871 | $7,566,152 |