Bienestar Inc

Nonprofit profile at a glance

EIN
930860753
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Hillsboro, OR, USA
Phone
5036932937
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$9,762,646
Expenses
$9,451,146
Assets
$46,655,743
Liabilities
$13,736,019

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • NATHAN TESKE (EXECUTIVE DIRECTOR)
  • ALEJANDRO ORTEGA (VICE PRESIDENT)
  • MARY NAVARETTE (PRESIDENT)

Highest reported compensation

  • NATHAN TESKE (EXECUTIVE DIRECTOR): $141,799 total reported compensation
  • ERICA CALDERON (HOUSING DIRECTOR): $117,427 total reported compensation
  • SARAH MOLL (DIRECTOR OF FINANCE): $51,700 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bienestar builds and operates affordable housing for the benefit of low-income families earning just 60% or less of area median income. Our portfolio consists of over 750 units of housing throughout Washington and columbia counties, providing homes to more than 2,500 people.

What it reported doing in 2024

Bienestar's supportive housing services team works diligently on prevention, intervention, restoration, and stabilization for our community members who are houseless, at-risk of becoming homeless, or facing housing instability. Using a trauma informed lens, we provide access to supportive wraparound services, housing, employment, and education services for underserved and marginalized populations through a comprehensive, community-based approach. In 2024, we helped 434 households access the services they needed to help stabilize their living situation.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.3%; rating input score 88
  • Program expense ratio: 90.9%; rating input score 91
  • Fundraising efficiency: $27.54 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.2%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 4.94; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 3.3%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 14.4% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 8.8% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 88.3% of revenue deployed · 90.9% of spending went to programs
  • Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $8.6M in reported program spending
  • Leadership: top reported pay $142K · 15 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 45/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.