Willamette View

Legal name: Willamette View Inc

Nonprofit profile at a glance

EIN
930463816
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Portland, OR, US
Phone
503-654-6581
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$39,788,416
Expenses
$40,254,192
Assets
$163,458,986
Liabilities
$150,857,445

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

Leadership & pay

22 people listed

Executive titles in this filing

  • CRAIG VAN VALKENBURG (PRESIDENT & CEO)

Highest reported compensation

  • CRAIG VAN VALKENBURG (PRESIDENT & CEO): $334,663 total reported compensation
  • BRIAN THOMPSON (CFO): $268,579 total reported compensation
  • KRISTI EARHARDT (DIRECTOR OF HR): $223,474 total reported compensation

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

Overview

Mission

Willamette View is a Life Plan Community, or continuing care retirement community, in Portland, Oregon that is transforming what retirement means.

What it reported doing in 2024

Willamette view, opened in 1955, is an entry fee-based accredited not-for-profit ccrc, continuing care retirement community, offering campus-style living to 500 seniors, age 55 and older. Willamette view is nationally accredited by carf-ccac, and is situated on 27 park-like acres overlooking the willamette river, just 8 miles south of downtown portland, Oregon.willamette view is considered an open campus ccrc. After approval of a confidential residency application, "approved applicants" can enter any service or care level directly (independent, rcf, alf, or memory care), when and if there is an availability. An entry fee is applied when moving into "independent" living.willamette view offers:* four types of residential service levels - 1) independent living, 2) supportive living in the rcf (residential care facility) setting, 3) long term nursing care in a licensed alf (assisted living facility) setting, and 4) memory care licensed as rcf setting.* in-home services, health and professional care to residents - medical and non-medical* wellness, hospitality & personal services* clinic services, therapy services, social worker and counselor services* short stay "infirmary" services and medicare certified beds in a licensed skilled nursing facility (snf)in addition, through 'willamette view home care', in-home private duty health care services are offered to individuals not living on willamette view's campus but in their own homes within the portland metropolitan area.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55%; rating input score 55
  • Program expense ratio: 55.7%; rating input score 56
  • 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: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.2%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 4.06; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.92; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 5.7%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 8.8% per year; rating input score 100; 59th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 55% of revenue deployed · 55.7% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $22.4M in reported program spending
  • Leadership: top reported pay $335K · 22 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $9.8M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 5 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Sustainability: Operating margin scored 26/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.