BIENESTAR INC

EIN: 930860753 501(c)(3) Housing & Shelter

HILLSBORO, OR

Total Revenue
$9,979,815
Total Expenses
$7,879,267
Total Assets
$45,883,559
Net Assets
$32,608,224
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
OR
Principal Officer
NATHAN TESKE
Phone
5036932937
Tax Period
2023-01-01 to 2023-12-31

BIENESTAR INC, founded in 1981, is a community nonprofit in the Housing & Shelter sector that reported $10.0M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.1M, a strong 21% operating margin.

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.

Program Service Accomplishments

Program 1
Expenses: $5,798,906 Revenue: $4,409,463

BIENESTAR OWNS AND OPERATES AFFORDABLE MULTIFAMILY HOUSING FOR FAMILIES EARNING 60% OR LESS OF AREA MEDIAN INCOME. IN 2023 BIENESTAR COMPLETED LEASE-UP FOR ITS NEWEST AND LARGEST PROPERTY, 150-UNIT...

Read more

BIENESTAR OWNS AND OPERATES AFFORDABLE MULTIFAMILY HOUSING FOR FAMILIES EARNING 60% OR LESS OF AREA MEDIAN INCOME. IN 2023 BIENESTAR COMPLETED LEASE-UP FOR ITS NEWEST AND LARGEST PROPERTY, 150-UNIT NUEVA ESPERANZA IN HILLSBORO. CONSTRUCTION ALSO CONTINUED ON PLAZA LOS AMIGOS, A 113-UNIT DEVELOPMENT IN CORNELIUS, DUE TO BE COMPLETED IN 2024.

Program 2
Expenses: $736,401 Revenue: $975,301

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...

Read more

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 2023, WE HELPED 271 HOUSEHOLDS ACCESS THE SERVICES THEY NEEDED TO HELP STABILIZE THEIR LIVING SITUATION.

Program 3
Expenses: $629,563 Revenue: $601,213

BIENESTAR'S RESIDENT SERVICES TEAM HELPS MEET THE DIVERSE NEEDS OF THE FAMILIES LIVING IN OUR PROPERTIES. AT THE HEART OF THIS WORK IS OUR PROMOTORES PROGRAM, WHICH EMPOWERS RESIDENT LEADERS (CALLED...

Read more

BIENESTAR'S RESIDENT SERVICES TEAM HELPS MEET THE DIVERSE NEEDS OF THE FAMILIES LIVING IN OUR PROPERTIES. AT THE HEART OF THIS WORK IS OUR PROMOTORES PROGRAM, WHICH EMPOWERS RESIDENT LEADERS (CALLED PROMOTORES) TO SERVE AS LIAISONS BETWEEN THEIR NEIGHBORS AND BIENESTAR STAFF, HELPING TO IDENTIFY COMMUNITY NEEDS AND DELIVER PROGRAMS TO MEET THOSE NEEDS. ALONG WITH OUR 12 PROMOTORES, IN 2023 BIENESTAR LAUNCHED THE FIRST YOUTH PROMOTORES COHORT TO BUILD INTERGENERATIONAL BONDS AND PROVIDE YOUTH WITH LEADERSHIP DEVELOPMENT OPPORTUNITIES. WE ALSO PROVIDED ADVOCACY TRAINING TO SUPPORT OUR COMMUNITY'S ABILITY TO ADVOCATE TO PUBLIC LEADERS; WE ORGANIZED 2 SPANISH-LANGUAGE PUBLIC FORUMS DURING 2023 THAT ALLOWED 100+ RESIDENTS TO MAKE THEIR VOICES HEARD TO POLICYMAKERS. FINALLY, THE PROGRAM MET A WIDE ARRAY OF COMMUNITY NEEDS IN 2023, INCLUDING HELPING RESIDENTS ACCESS MORE THAN $60,000 IN RENT AND UTILITIES ASSISTANCE, DISTRIBUTING 100+ HOLIDAY FOOD BOXES, AND SERVING 500 YOUTH WITH SUMMER ENRICHMENT ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,511,969
Program Service Revenue $5,985,977
Investment Income $226,205
Other Revenue $255,664
TOTAL REVENUE $9,979,815

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,748,127
Fundraising Expenses $77,055
Program Expenses $7,164,870
Other Expenses $5,131,140
TOTAL EXPENSES $7,879,267

Year-over-Year Comparison

2023 2022 Change
Revenue $9,979,815 $12,931,239 -0.2%
Expenses $7,879,267 $7,587,273 +0.0%
Net Income $2,100,548 $5,343,966 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
30
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$187,811
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN TESKE EXECUTIVE DIRECTOR 40.00
Officer
$133,750 $0 $133,750
ERICA CALDERON HOUSING DIRECTOR 40.00
Highest
$109,473 $0 $109,473
SARAH MOLL DIRECTOR OF FINANCE 32.00
Officer
$54,061 $0 $54,061
KEITH HOBSON FORMER DIRECTOR OF FINANCE 30.00
$42,180 $0 $42,180
SIEW Y WONG FORMER DIRECTOR OF FINANCE 40.00
$13,803 $0 $13,803
VICTOR SALDANHA PRESIDENT 2.00
Officer Director
$0 $0 $0
ALEJANDRO ORTEGA VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MARY NAVARETTE SECRETARY 2.00
Officer Director
$0 $0 $0
COLLIN TURNER TREASURER 2.00
Officer Director
$0 $0 $0
OLIVIA ALCAIRE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID CINTRON BOARD MEMBER 1.00
Director
$0 $0 $0
GRANT CORLISS BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL A HILBERT BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA DE LA LUZ NINO BOARD MEMBER 1.00
Director
$0 $0 $0
CRISTIAN SALGADO BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA GOMEZ BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $9,979,815 $7,879,267 $45,883,559 $2,100,548
2022 $12,931,239 $7,587,273 $43,787,145 $5,343,966
2021 $8,073,400 $8,025,649 $44,494,101 $47,751
2020 $12,306,633 $5,840,036 $38,608,358 $6,466,597
2019 $5,562,088 $3,792,980 $26,903,361 $1,769,108
2018 $3,419,336 $3,545,910 $26,688,054 $-126,574
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BIENESTAR INC with other nonprofits in Oregon and across the country.