Tuality Property Management Co is located in Hillsboro, OR. The organization was established in 1984. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, 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. Tuality Property Management Co 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 06/2021, Tuality Property Management Co generated $2.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RENTAL PROPERTY TO EXEMPT PARENT AND ITS AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Rosenblatt MD Chairman | OfficerTrustee | 0.5 | $0 |
Fred Nachtigal Board Member | OfficerTrustee | 0.5 | $0 |
Lesley Hallick PHD Vice Chair | OfficerTrustee | 0.5 | $0 |
Darell Lumaco MD Board Member | Trustee | 0.5 | $0 |
Patrick O'leary Secretary | Trustee | 0.5 | $0 |
Mark Rosenbaum Board Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $2,789,248 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $97,522 |
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 | $2,886,770 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $532,701 |
Fees for services: Legal | $2,522 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $317,421 |
Travel | $0 |
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 | $0 |
Depreciation, depletion, and amortization | $226,915 |
Insurance | $0 |
All other expenses | -$1,215 |
Total functional expenses | $1,232,408 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,568 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,814 |
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 | $44,590 |
Net Land, buildings, and equipment | $6,863,260 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,026,244 |
Total assets | $16,951,476 |
Accounts payable and accrued expenses | $41,968 |
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 | $478,921 |
Total liabilities | $520,889 |
Net assets without donor restrictions | $16,430,587 |
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 | $16,951,476 |
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Aspiration San Francisco, CA | $3,385,180 | $5,191,840 |
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Storage Networking Industry Association Santa Clara, CA | $4,671,781 | $2,527,837 |
Tourism Fiji El Segundo, CA | $2,680,303 | $1,979,513 |
Aqua Maintenance Corporation Long Beach, CA | $2,561,204 | $1,812,473 |
Washington Nonprofits Seattle, WA | $1,112,441 | $1,929,082 |
Woodwork Institute Of California Sacramento, CA | $1,605,865 | $1,924,062 |
Rhs Corp Redlands, CA | $14,072,207 | $550,428 |
Tuality Property Management Co Hillsboro, OR | $16,951,476 | $2,886,770 |