Integrated Supports for Living Inc

What it reported doing in 2023

Housing - the housing program provides property management services to those who fall within the is living mission statement. This includes providing affordable housing for seniors and people with disabilities, as well as providing assistance to other social service organizations in the mid-willamette valley. The housing program is responsible for management of the properties owned by is living.silvertowne - located in silverton, Oregon, silvertowne apartments is a 40 unit housing complex for low-income seniors and people with disabilities. The complex was funded through rural development section 515 low-interest loans. Approximately 85% of the tenants receive either rd or hud section 8 rental assistance.tamarack court, llc - located in la grande, Oregon, tamarack court, llc (tamarack court) is an Oregon limited liability company. It is a wholly owned subsidiary acquired on december 31, 2015, and operates a 32-unit, low-income housing project funded through Oregon housing and community services department pursuant to ors 456.554. Approximately 94% of the tenants receive hud section 8 rental assistance.community integration progress (cip ii) homes - is living is under contract with the Oregon department of human services (dhs) office of home and community support to maintain ownership and to provide property management services for three residential properties: two in newberg, Oregon, and one in albany, Oregon. As property manager, is living leases cip ii homes exclusively for use as homes for people with intellectual and/or developmental disabilities to dhs-selected and approved service providers. Rent is received to cover mortgage payments, insurance, and administrative expenses. Under this contract, dhs provides vacancy subsidies and financial assistance for maintenance services as necessary.

Financial Efficiency

• Mission deployment rate: 97.5%; rating input score 98
• Program expense ratio: 85%; rating input score 85
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • 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: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -14.7%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 0.62; rating input score 21; 21st percentile among comparable filings
• Liabilities to assets ratio: 0.3; rating input score 48; 48th percentile among comparable filings
• Officer compensation ratio: 3%; rating input score 67; 67th percentile among comparable filings

Growth

• Program expense growth: 21.5% per year; rating input score 100; 91st percentile among comparable filings
• Revenue growth: 18.7% per year; rating input score 100; 91st percentile among comparable filings
• Asset growth: 11% per year; rating input score 100; 69th percentile among comparable filings