Totals
- Total revenue
- $9,762,646
- Total expenses
- $9,451,146
- Contributions and grants received
- $3,532,622
- Grants paid
- $0
- Program service revenue
- $5,664,520
- Investment income
- $260,856
- Other revenue
- $304,648
- Total assets, end of year
- $46,655,743
- Total liabilities, end of year
- $13,736,019
- Net assets or fund balances, end of year
- $32,919,724
- Program services expenses (Part IX)
- $8,591,800
- Management and general expenses
- $731,053
- Fundraising expenses
- $128,293
- Program service expenses (Part III)
- $8,591,800
Program services were 90.9% 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.
-
1c · Fundraising events
$82,798
-
1e · Government grants (contributions)
$2,574,385
-
1f · All other contributions, gifts and grants
$875,439
-
2a · Program service revenue: RENTAL INCOME
total $5,110,319 · related or exempt $5,110,319
-
2b · Program service revenue: DEVELOPER FEE INCOME
total $430,046 · related or exempt $430,046
-
2c · Program service revenue: RESIDENT SERVICES INCO
total $124,155 · related or exempt $124,155
-
3 · Investment income
total $260,856 · excluded $260,856
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$82,798
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: LOSS ON INVESTMENT
total $179,774 · excluded $179,774
-
11b · Other revenue: OTHER MISC REVENUE
total $118,208 · excluded $118,208
-
11c · Other revenue: ASSET MGMT FEES
total $6,666 · excluded $6,666
-
11e · Other revenue, total
$304,648
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $310,925 · program services $181,236 · management and general $122,599 · fundraising $7,090
-
7 · Other salaries and wages
total $2,407,902 · program services $2,136,992 · management and general $229,585 · fundraising $41,325
-
9 · Other employee benefits
total $242,824 · program services $158,755 · management and general $80,467 · fundraising $3,602
-
10 · Payroll taxes
total $264,654 · program services $233,140 · management and general $26,348 · fundraising $5,166
-
11a · Fees: management
total $409,848 · program services $409,848
-
11b · Fees: legal
total $195,757 · program services $168,985 · management and general $26,772
-
11c · Fees: accounting
total $19,560 · management and general $19,560
-
11g · Fees: other
total $35,543 · program services $35,543
-
12 · Advertising and promotion
total $9,634 · program services $9,634
-
13 · Office expenses
total $332,662 · program services $249,475 · management and general $56,070 · fundraising $27,117
-
16 · Occupancy
total $2,427,877 · program services $2,416,447 · management and general $11,350 · fundraising $80
-
22 · Depreciation, depletion and amortization
total $1,487,788 · program services $1,487,788
-
23 · Insurance
total $15,538 · program services $15,538
-
24a · Other expenses: SPECIFIC ASSISTANCE TO
total $802,977 · program services $802,977
-
24b · Other expenses: ADMINSTRATIVE EXPENSES
total $419,895 · program services $217,680 · management and general $158,302 · fundraising $43,913
-
24c · Other expenses: BAD DEBTS
total $54,594 · program services $54,594
-
24d · Other expenses: AUTO
total $8,879 · program services $8,879
-
24e · All other expenses
total $4,289 · program services $4,289
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,001,700 · end of year $2,222,146
-
2 · Savings and temporary cash investments
beginning of year $4,592,177 · end of year $5,750,064
-
3 · Pledges and grants receivable
beginning of year $542,090 · end of year $4,955
-
4 · Accounts receivable
beginning of year $174,744 · end of year $715,295
-
7 · Other notes and loans receivable
beginning of year $8,333,725 · end of year $9,280,507
-
9 · Prepaid expenses and deferred charges
beginning of year $129,857 · end of year $136,788
-
10a · Land, buildings and equipment: cost or other basis
$51,952,481
-
10b · Land, buildings and equipment: accumulated depreciation
$31,266,798
-
10c · Land, buildings and equipment, net
beginning of year $21,744,412 · end of year $20,685,683
-
14 · Intangible assets
beginning of year $56,261 · end of year $43,167
-
15 · Other assets
beginning of year $8,308,593 · end of year $7,817,138
-
17 · Accounts payable and accrued expenses
beginning of year $290,982 · end of year $355,179
-
23 · Secured mortgages and notes payable
beginning of year $10,977,809 · end of year $10,692,787
-
25 · Other liabilities
beginning of year $2,006,544 · end of year $2,688,053
-
27 · Net assets without donor restrictions
beginning of year $31,308,173 · end of year $32,130,588
-
28 · Net assets with donor restrictions
beginning of year $1,300,051 · end of year $789,136
Mission and programs · 2024
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.
Activities or mission (Part I)
BIENESTAR BUILDS HOUSING, HOPE, AND COMMUNITY FOR THE WELLBEING OF LATINXS, IMMIGRANTS, AND ALL FAMILIES IN NEED.
-
BIENESTAR OWNS AND OPERATES 774 UNITS OF AFFORDABLE MULTIFAMILY HOUSING FOR FAMILIES EARNING 60% OR LESS OF AREA MEDIAN INCOME. IN 2024, BIENESTAR COMPLETED PLAZA LOS AMIGOS, A 113-UNIT AFFORDABLE HOUSING DEVELOPMENT IN CORNELIUS, OREGON.
Expenses $6,780,549 · Revenue $5,664,520
-
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 2024, WE HELPED 434 HOUSEHOLDS ACCESS THE SERVICES THEY NEEDED TO HELP STABILIZE THEIR LIVING SITUATION.
Expenses $1,133,257
-
BIENESTAR'S HOMEOWNERSHIP PROGRAM OFFERS A PATH TO ASSET-BUILDING, FINANCIAL STABILITY, AND ECONOMIC MOBILITY FOR LOW- AND MODERATE-INCOME HOUSEHOLDS, PROVIDING FIRST-TIME HOMEBUYER AND FINANCIAL LITERACY EDUCATION, ONE-ON-ONE COUNSELING FOR RENTERS, PRE-/POST-PURCHASE, AND FORECLOSURE PREVENTION, AND DOWNPAYMENT ASSISTANCE TO HELP FAMILIES BUILD INTERGENERATIONAL WEALTH.
Expenses $677,994
-
PROVIDE ASSET MANAGEMENT SERVICES TO ENSURE FISCAL AND PHYSICAL COMPLIANCE AND HIGH QUALITY OF LIFE FOR ITS RESIDENTS.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nathan TeskeNATHAN TESKE
EXECUTIVE DIRECTOR
- Total calculated
- $141,799
- From this org
- $141,799
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Erica CalderonERICA CALDERON
HOUSING DIRECTOR
- Total calculated
- $117,427
- From this org
- $117,427
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Sarah MollSARAH MOLL
DIRECTOR OF FINANCE
- Total calculated
- $51,700
- From this org
- $51,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32
-
Alejandro OrtegaALEJANDRO ORTEGA
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Mary NavaretteMARY NAVARETTE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Collin TurnerCOLLIN TURNER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Maria GomezMARIA GOMEZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Victor SaldanhaVICTOR SALDANHA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Olivia AlcaireOLIVIA ALCAIRE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David CintronDAVID CINTRON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Grant CorlissGRANT CORLISS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maria De La Luz NinoMARIA DE LA LUZ NINO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cristian SalgadoCRISTIAN SALGADO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen Guillen-ChapmanKAREN GUILLEN-CHAPMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mauricio SotoMAURICIO SOTO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PROYECTO ADELANTES FAMILIAS LLC
GENERAL PARTNER IN HOUSING LIMITED PARTNERSHIPS · OR
-
LINCOLN ST BIENESTAR LLC
OR
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
MONTEBELLO BIENESTAR APARTMENTS LTD PS
OR · 0.01% owned · share of income -$30 · share of assets $608,809 · general or managing partner
Directly controlled by BIENESTAR INC
-
NUEVA ESPERANZA LIMITED PARTNERSHIP
OR · share of income -$193 · share of assets $2,036,874
-
PLAZA LOS AMIGOS LIMITED PARTNERSHIP
OR · 0.01% owned · share of income -$25 · share of assets $3,096,485 · general or managing partner
Directly controlled by BIENESTAR INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533119349301308
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