ALBERTA STREET APARTMENTS PRESERVATION INC

EIN: 931215915 501(c)(3) Housing & Shelter

PORTLAND, OR

Total Revenue
$158,253
Total Expenses
$213,772
Total Assets
$548,386
Net Assets
$243,272
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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
1996
Legal Domicile
OR
Principal Officer
MARY SCHOEN-CLARK
Phone
5032873496
Tax Period
2022-07-01 to 2023-06-30

ALBERTA STREET APARTMENTS PRESERVATION INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $158K in total revenue in fiscal year 2022. Expenses of $214K exceeded revenue, resulting in a 35% operating deficit.

Mission

PROVIDE LOW-INCOME HOUSING

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $155,727
Investment Income $2,526
Other Revenue $0
TOTAL REVENUE $158,253

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $203,120
Other Expenses $213,772
TOTAL EXPENSES $213,772

Year-over-Year Comparison

2022 2021 Change
Revenue $158,253 $162,844 0.0%
Expenses $213,772 $205,473 +0.0%
Net Income $-55,519 $-42,629 +0.3%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
15

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM COLE DIRECTOR 2.00
Director
$0 $0 $0
ROBYN HARRIS CHAIR 2.00
Officer Director
$0 $0 $0
HARVEY RICE BOARD MEMBER 2.00
Director
$0 $0 $0
DORIS STEVENSON TREASURER 2.00
Officer 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
2025 No data No data No data No data
2023 $158,253 $213,772 $548,386 $-55,519
2021 $123,737 $171,403 $563,292 $-47,666
2020 $138,191 $133,450 $604,243 $4,741
2019 $136,328 $137,523 $598,164 $-1,195
2018 $131,838 $127,230 $604,180 $4,608
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