Oregon Association of Realtors Home Foundation
Nonprofit profile at a glance
- EIN
- 841641552
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Salem, OR, USA
- Phone
- 5033623645
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $140,777
- Expenses
- $153,836
- Assets
- $391,987
- Liabilities
- $20,902
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- SARAH MALARKEY (PRESIDENT)
- JENNIFER PAKULA (CHIEF EXECUTIVE OFFICER)
People named in this filing
- SARAH MALARKEY (PRESIDENT)
- BARBARA BARANY (DIRECTOR)
- BETH CASTER (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 create, expand and encourage home ownership opportunities for oregonians at or below local median income.
What it reported doing in 2024
The foundation is operated to facilitate and increase housing opportunities in Oregon by all necessary and proper means. The foundation provides much needed funds to organizations dedicated to the development, maintenance, or repair of affordable housing. It will help educate consumers and real estate professionals and provide the tools they need to make homeownership more attainable. It will address both immediate and long-term needs through strong public/private partnerships. And most importantly, it will give more oregonians the opportunity to make a lasting investment in local communities. A total of $132,200 was donated to housing causes in 2024.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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: 91
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.9%; rating input score 94
- Program expense ratio: 85.9%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -9.3%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 2.55; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 14.9% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 93.9% of revenue deployed · 85.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 26 filed money-flow records
- Related organizations: 28 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 16/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.