OREGON CORPORATION FOR AFFORDABLE … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

MATTHEW REILEIN

Phone

3123600400

Tax Period

2023-01-01 to 2023-12-31

OREGON CORPORATION FOR AFFORDABLE HOUSING, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $532K, a strong 30% operating margin.

Mission

RELIEVE POVERTY AND DISTRESS THROUGH THE DEVELOPMENT, CONSTRUCTION, AND OPERATION OF SAFE, SANITARY, AND AFFORDABLE LOW-INCOME HOUSING IN OREGON AND OTHER STATES.

Program Service Accomplishments

Program 1

Expenses: $1,184,064 Revenue: $690,663

OREGON CORPORATION FOR AFFORDABLE HOUSING DBA NEF HOUSING CHARITIES SERVES AS THE GENERAL PARTNER OR MANAGING MEMBER OF INVESTOR LIMITED PARTNERSHIPS AND LIMITED LIABILITY COMPANIES THAT ACQUIRE...

OREGON CORPORATION FOR AFFORDABLE HOUSING DBA NEF HOUSING CHARITIES SERVES AS THE GENERAL PARTNER OR MANAGING MEMBER OF INVESTOR LIMITED PARTNERSHIPS AND LIMITED LIABILITY COMPANIES THAT ACQUIRE LIMITED PARTNER OR NON-MANAGING MEMBER INTERESTS IN PROJECT PARTNERSHIPS OR PROJECT LIMITED LIABILITY COMPANIES THAT ACQUIRE, OWN, CONSTRUCT, REHABILITATE AND OPERATE LOW-INCOME HOUSING PROJECTS. IN ADDITION, NEF HOUSING CHARITIES PROVIDES AND FACILITATES ASSET MANAGEMENT SERVICES TO SUPPORT SUCH INVESTMENTS IN LOW-INCOME HOUSING PROJECTS. NEF HOUSING CHARITIES ALSO MAKES GRANTS FROM CHARITABLE DONATIONS IN FURTHERANCE OF ITS TAX-EXEMPT MISSION.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $965,482

Program Service Revenue $690,663

Investment Income $129,264

Other Revenue $0

TOTAL REVENUE $1,785,409

Expense Breakdown

Grants Paid $22,473

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,184,064

Other Expenses $1,230,725

TOTAL EXPENSES $1,253,198

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,785,409	$2,543,078	-0.3%
Expenses	$1,253,198	$356,754	+2.5%
Net Income	$532,211	$2,186,324	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

$6,067,318

Total Directors

$2,387,516

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDY SCHNEIDER	SVP & ASST SEC (AND DIRECT	2.00	Officer Director	$0	$124,470	$816,222
MARK SIRANOVIC	SVP (AND DIRECTOR)	2.00	Officer Director	$0	$125,706	$806,527
PETER HARRISON	SVP (AND DIRECTOR)	2.00	Officer Director	$0	$137,993	$764,767
ALEX DENJA	SVP, COO, CFO	2.00	Officer	$0	$173,843	$948,177
MATTHEW REILEIN	PRESIDENT & CEO	2.00	Officer	$0	$330,219	$1,333,259
MICHAEL ROGERS	SVP & SECRETARY	2.00	Officer	$0	$58,490	$602,407
REENA BRAMBLETT	SVP	2.00	Officer	$0	$113,451	$795,959
KAREN PRZYPYSZNY	FORMER SVP (AND DIRECTOR)	0.00		$0	$57,523	$510,698

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	$1,785,409	$1,253,198	$2,836,141	$532,211
2022	$2,543,078	$356,754	$3,989,728	$2,186,324
2021	$764,954	$463,259	$1,526,062	$301,695
2020	$1,707,020	$1,946,294	$901,197	$-239,274
2019	$952,746	$534,182	$2,776,268	$418,564
2018	$1,023,133	$601,774	$1,273,006	$421,359

OREGON CORPORATION FOR AFFORDABLE HOUSING