Oak Tree Apartments Inc
- Assets
- $71.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springdale, AR
- Founding
- 05/1988
- Data as of
- 06/2021
- EIN
- 58-1762622
Organization Overview
Oak Tree Apartments Inc is located in Springdale, AR. The organization was established in 1988. 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 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 06/2021, Oak Tree Apartments Inc generated $82.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $61.1k during the year ending 06/2021. 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
TO PROVIDE HUD ASSISTED HOUSING FACILITIES FOR THE ELDERLY AND PSYCHOLOGICALLY DISABLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Hatfield Board Member | 1 | $0 | |
Mike Morgenthaler Chairman | 1 | $0 | |
Woodrow Acord Board Member | 1 | $0 | |
Donnie Davis Board Member | 1 | $0 | |
Rebecca Jones Board Member | 1 | $0 | |
Laura Bazyk Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $82,048 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $32 |
| Total Revenue | $82,104 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,976 |
| Professional fees and other payments to independent contractors | $5,682 |
| Occupancy, rent, utilities, and maintenance | $27,734 |
| Printing, publications, postage, and shipping | $2,846 |
| Other expenses | $15,906 |
| Total expenses | $61,144 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,258 |
| Other assets | $0 |
| Total assets | $71,651 |
| Total liabilities | $222,645 |
| Net assets or fund balances | -$150,994 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Merced Housing Texas San Antonio, TX | $50,611,683 | $9,858,961 |
Trinity Affordable Housing Corporation Austin, TX | $27,521,509 | $8,167,693 |
Assisting Texas With Housing Inc Austin, TX | $21,990,420 | $4,581,783 |
Dallas Neighborhood Alliance For Habitat Dallas, TX | $1,401,689 | $4,975,573 |
Louisiana Housing Assistance Corporation Alexandria, LA | $350,109 | $3,738,733 |
Equity Homes Saint Louis, MO | $10,741,730 | $5,549,027 |
Affordable Community Housing Trust Edmond, OK | $6,149,448 | $2,689,134 |
Lago De Plata Inc Dallas, TX | $0 | $4,971,984 |
St Jude Inc Dallas, TX | $20,844,887 | $6,967,988 |
South Mississippi Housing Anddevelopment Corporation Gulfport, MS | $21,301,727 | $2,501,846 |
Horizon Housing Development Company St Louis, MO | $1,964,053 | $2,445,702 |
St Martin De Porres Inc Dallas, TX | $5,546,092 | $2,713,631 |