WEST OAKLAND HEALTH FACILITIES DEV… - 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

1981

Legal Domicile

Principal Officer

CAROL BURTON

Phone

5106470700

Tax Period

2024-07-01 to 2025-06-30

WEST OAKLAND HEALTH FACILITIES DEVELOPMENT CORPORATION, founded in 1981, is a small nonprofit in the Health Care sector that reported $315K in total revenue in fiscal year 2024. The organization ran a surplus of $152K, a strong 48% operating margin.

Mission

TO PROVIDE LOW-COST HOUSING FOR THE ELDERLY AND MENTALLY DISTURBED PEOPLE IN THE OAKLAND COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $138,973 Revenue: $81,116

THE CORPORATION WAS ORGANIZED TO PROVIDE RENTAL HOUSING FOR THE CHRONICALLY MENTALLY ILL. IT OWNS AND OPERATES AN AFFORDABLE HOUSING PROJECT CONSISTING OF A TOTAL OF 10 RENTAL UNITS IN OAKLAND...

THE CORPORATION WAS ORGANIZED TO PROVIDE RENTAL HOUSING FOR THE CHRONICALLY MENTALLY ILL. IT OWNS AND OPERATES AN AFFORDABLE HOUSING PROJECT CONSISTING OF A TOTAL OF 10 RENTAL UNITS IN OAKLAND, CALIFORNIA. THE PROJECT IS REGULATED BY HUD AS TO RENT CHARGES, OPERATING METHODS AND OTHER MATTERS UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $203,822

Program Service Revenue $81,116

Investment Income $30,370

Other Revenue $0

TOTAL REVENUE $315,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,541

Fundraising Expenses $0

Program Expenses $138,973

Other Expenses $133,724

TOTAL EXPENSES $163,265

Year-over-Year Comparison

	2024	2023	Change
Revenue	$315,308	$315,643	0.0%
Expenses	$163,265	$177,500	-0.1%
Net Income	$152,043	$138,143	+0.1%

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

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

$401,945

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL BURTON	PRESIDENT/TREAS	1.00	Officer Director	$0	$0	$0
LOYD WARE	DIRECTOR	1.00	Director	$0	$0	$0
JUSTUS SAMUELS	SECRETARY	1.00	Officer Director	$0	$0	$0
AMANDA VASQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
ARNOLD CHANDLER	DIRECTOR	1.00	Director	$0	$0	$0
MACHEO PAYNE	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY HODGE	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY SUMMERS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT PHILLIPS	CEO	1.00	Officer	$0	$21,875	$401,945

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	$315,308	$163,265	$1,172,572	$152,043
2024	$315,643	$177,500	$1,018,652	$138,143
2023	$245,214	$194,137	$900,151	$51,077
2022	$230,110	$174,372	$898,300	$55,738
2021	$205,531	$162,577	$896,885	$42,954
2020	$222,978	$156,023	$893,842	$66,955
2019	$229,048	$173,851	$877,914	$55,197
2018	$207,557	$149,228	$849,734	$58,329

WEST OAKLAND HEALTH FACILITIES DEVELOPMENT CORPORATION