West Oaks Ii Corporation is located in Atlanta, GA. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Oaks Ii Corporation 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 06/2021, West Oaks Ii Corporation generated $347.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $401.4k during the year ending 06/2021. While expenses have increased by 3.9% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF A 35 UNIT APARTMENT COMPLEX FOR LOW INCOME ELDERLY AND SELF-SUFFICIENT HANDICAPPED PERSONS IN ACCORDANCE WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Eickhoff President | 1 | $0 | |
Robert L Reinhart Director | 1 | $0 | |
Joseph F Glenn Vice President | 1 | $0 | |
Kim Delacey Director | 1 | $0 | |
Elizabeth C Glenn Secretary | 1 | $0 | |
M Reynolds Delisle Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $381 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $346,906 |
Total Revenue | $347,287 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $71,405 |
Pension plans, employee benefits | $11,725 |
Interest | $0 |
Taxes | $5,552 |
Depreciation | $51,119 |
Occupancy | $145,087 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $96,891 |
Total operating and administrative expenses | $401,361 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $401,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,145 |
Savings and temporary cash investments | $231,886 |
Net Accounts receivable | $461 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,159 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $1,059,010 |
Other assets | $9,830 |
Total assets | $1,316,491 |
Accounts payable and accrued expenses | $18,012 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $8,829 |
Total liabilities | $26,841 |
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