Oregon Affordable Housing Management Association
- Assets
- $362.6k
- Revenue
- $366.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Forest Grove, OR
- Founding
- 04/2003
- Data as of
- 09/2022
- EIN
- 80-0038835
Organization Overview
Oregon Affordable Housing Management Association is located in Forest Grove, OR. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Oregon Affordable Housing Management Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2022, Oregon Affordable Housing Management Association generated $366.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $377.9k during the year ending 09/2022. While expenses have increased by 4.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND ADVOCACY TO THE OWNERS, MANAGEMENT AGENTS, AND PROJECT MANAGEMENT STAFF OF FEDERALLY SUBSIDIZED MULTIFAMILY HOUSING FOR LOW INCOME FAMILIES, SENIORS & PEOPLE WITH DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING EDUCATION FOR AFFORDABLE HOUSING PROVIDERS IS OREGON AHMA'S PRIMARY MISSION. IN 2022 OUR ASSOCIATION RAN CLASSES ON REAC/INSPIRE; LANDLORD-TENANT LAW; THREE DAY OCCUPANCY CERTIFICATION COURSES FOR MANAGERS WORKING WITH RURAL DEVELOPMENT, HUD, LIHTC, AND HOME SUBSIDY PROGRAMS; BASIC AND ADVANCED EIV COURSES; FAIR HOUSING; MAINTENANCE; AND MORE. IN TOTAL, WE PROVIDED CONTINUING EDUCATION TO 970 INDIVIDUALS AT OUR MONTHLY CLASSES IN 2022. OUR JUNE ANNUAL CONFERENCE HAD AN ENROLLMENT OF 302. ATTENDEES RECEIVED A TOTAL OF 18 HOURS OF CONTINUING EDUCATION OVER 2.5 DAYS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Garabedian President | OfficerTrustee | 0 | $0 |
Shelly Hillman Vice President | OfficerTrustee | 0 | $0 |
Yanira Vera Secretary | OfficerTrustee | 0 | $0 |
Tonya Thomason Treasurer | OfficerTrustee | 0 | $0 |
Miley Flowers Director | Trustee | 0 | $0 |
Lynette Brown Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $110,722 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $110,722 |
| Total Program Service Revenue | $241,690 |
| Investment income | $13,621 |
| 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 | $366,033 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,080 |
| Fees for services: Accounting | $16 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,501 |
| Advertising and promotion | $6,064 |
| Office expenses | $8,793 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,308 |
| Travel | $2,552 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $11,420 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,104 |
| All other expenses | $8,507 |
| Total functional expenses | $377,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,928 |
| Savings and temporary cash investments | $101,042 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $144,651 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $362,621 |
| Accounts payable and accrued expenses | $277 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $277 |
| Net assets without donor restrictions | $362,344 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $362,621 |
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