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Nonprofiteer
← THE OAKS COMMUNITY CENTER INC

Form 990 for tax year 2022

Filed by THE OAKS COMMUNITY CENTER INC.

Totals

Total revenue
$2,243,302
Total expenses
$1,806,639
Contributions and grants received
$560,537
Grants paid
$0
Program service revenue
$1,682,765
Investment income
$0
Other revenue
$0
Total assets, end of year
$6,764,699
Total liabilities, end of year
$501,978
Net assets or fund balances, end of year
$6,262,721
Program services expenses (Part IX)
$1,764,382
Management and general expenses
$42,257
Fundraising expenses
$0
Program service expenses (Part III)
$1,764,382

Program services were 97.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $560,537

  • 2a · Program service revenue: RENTAL INCOME

    total $1,669,184 · related or exempt $1,669,184

  • 2b · Program service revenue: MISELLANEOUS INCOME

    total $13,581 · related or exempt $13,581

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $305,842 · program services $298,688 · management and general $7,154

  • 8 · Pension plan contributions

    total $1,835 · program services $1,792 · management and general $43

  • 9 · Other employee benefits

    total $11,342 · program services $11,077 · management and general $265

  • 10 · Payroll taxes

    total $23,099 · program services $22,559 · management and general $540

  • 11g · Fees: other

    total $384,975 · program services $375,971 · management and general $9,004 · fundraising $0

  • 13 · Office expenses

    total $7,846 · program services $7,662 · management and general $184

  • 16 · Occupancy

    total $734,472 · program services $717,293 · management and general $17,179

  • 17 · Travel

    total -$14 · program services -$14

  • 22 · Depreciation, depletion and amortization

    total $316,857 · program services $309,446 · management and general $7,411

  • 24a · Other expenses: SECURITY

    total $20,385 · program services $19,908 · management and general $477

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $91,970 · end of year $48,804

  • 2 · Savings and temporary cash investments

    beginning of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0

  • 4 · Accounts receivable

    beginning of year $18 · end of year $6,675

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,009 · end of year $9,385

  • 10a · Land, buildings and equipment: cost or other basis

    $9,029,441

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,329,606

  • 10c · Land, buildings and equipment, net

    beginning of year $6,269,811 · end of year $6,699,835

  • 11 · Investments: publicly traded securities

    beginning of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $557,750 · end of year $501,978

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $5,826,058 · end of year $6,262,721

  • 28 · Net assets with donor restrictions

    beginning of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0

Mission and programs · 2022

Mission

THE OAKS COMMUNITY CENTER PROVIDES ACCESS TO INDOOR OR OUTDOOR SPACES FOR MEETINGS OR ACTIVITIES THAT SUPPORT TENANT PROGRAMS, OFFER NEIGHBORHOOD SERVICES AND FOSTER RELATIONSHIPS IN THE COMMUNITY.

Activities or mission (Part I)

THE OAKS COMMUNITY CENTER PROVIDES ACCESS FOR MEETINGS AND ACTIVITES THAT SUPPORT TENANT PROGRAMS, OFFER NEIGHBORHOOD SERVICES, AND FOSTER RELATIONSHIPS IN THE COMMUNITY

  • PROVIDE MEETING SPACES FOR COMMUNITY PROGRAMS AND OTHER NONPROFIT ORGANIZATIONS.

    Expenses $1,764,382 · Revenue $1,682,765

As filed on the 2022 return.

Listed in Part VII

  • Andrew Hart

    CHAIRMAN OF THE BOARD

    Total calculated
    $247,625
    From this org
    $0
    From related orgs
    $238,364
    Other
    $9,261
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $238,364 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,319 related
    Nontaxable benefits
    $0 + $1,942 related
    Filer's total
    $0 + $247,625 related

  • Joseph Meyer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Joshua Abel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Shannon Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Terry Lyons

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Derek Johnson

    CFO

    Total calculated
    $127,621
    From this org
    $0
    From related orgs
    $122,510
    Other
    $5,111
    Hours/week
    2 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 METHOD TO ESTABLISH COMPENSATION:
THE OAKS ACADEMY SETS THE COMPENSATION FOR ANDREW HART.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
17 June 2024
IRS schema version
2022v5.0
Source object
202401699349301240

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