Oakland Mf Housing Group Inc
Nonprofit profile at a glance
- EIN
- 943117549
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2016, Form 990-EZ 2024
- Location
- Oakland, CA, USA
- Phone
- 5102875353
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $483
- Expenses
- $689
- Assets
- $359,493
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- AUBRA LEVINE (BOARD CHAIR)
- CHRISTINE CARR (SECRETARY & TREASURER)
- TED DANG (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide, promote or assist in the provision of, housing for low and very low income families and elderly persons, or for families and elderly persons displaced from urban renewal areas, or as a result of government action, or a major disaster where no adequate housing exists for such groups. To serve as a general partner (either directly or as a member in a limited liability company) in limited partnerships, and serve as a member in and/or manager of limited liability companies, which will develop, own and operate for low income and very low income persons and households who are in need of affordable, decent, safe and sanitary housing and related services. To promote economic development for the benefit of low income and very low income persons in economically disadvantaged areas.
What it reported doing in 2024
To provide, promote or assist in the provision of, housing for low and very low income families and elderly persons, or for families and elderly persons displaced from urban renewal areas, or as a result of government action, or a major disaster where no adequate housing exists for such groups.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -42.7%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 521.76; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -22.7% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -74.2% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 35.5% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $689 in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 36 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.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.