Overview

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Est.

1995

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Oceana Senior Housing Corporation is a nonprofit organization based in Pacifica, CA, dedicated to providing affordable assisted living for low-income elderly and handicapped individuals through its 42-unit apartment project, Oceana Terrace. With an operating budget of $654.6K and total revenue of $664.8K for the filing year 2024, the organization demonstrates financial stability, although it appears to rely on a significant unidentified funder contributing $3.4M. For more information, visit their website at www.mercyhousing.org.

Mission Statement

TO OWN AND OPERATE OCEANA TERRACE, A 42-UNIT APARTMENT PROJECT IN PACIFICA, CA, SPECIALLY DESIGNED TO MEET THE HOUSING AND SERVICE NEEDS OF LOW-INCOME ELDERLY AND HANDICAPPED PERSONS
Revenues
$664.8K
Expenses
$654.6K
Net Income:
+$10.2K
Assets
$1.5M
Liabilities
$1.9M
Net Assets:
-$380.5K
Operating Budget
$654.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$670.2K
Largest grant received
$670.2K
E
Ed Holder
Board Member
A
Alvin Tuvilla
Board Member
R
Rick Sprague
Board Member

Frequently Asked Questions

What is OCEANA SENIOR HOUSING CORPORATION’s budget?
In 2024, OCEANA SENIOR HOUSING CORPORATION reported an annual operating budget of around $655 thousand. More detailed financial information is available to registered users.
What causes does OCEANA SENIOR HOUSING CORPORATION support?
OCEANA SENIOR HOUSING CORPORATION supports work in Senior assisted living.
Where does OCEANA SENIOR HOUSING CORPORATION operate?
OCEANA SENIOR HOUSING CORPORATION is headquartered in Denver, CO.
Who funded OCEANA SENIOR HOUSING CORPORATION recently?
In 2021, OCEANA SENIOR HOUSING CORPORATION received grants from MERCY HOUSING INC. More information on this organization’s funders is available to registered users.
What is the largest grant OCEANA SENIOR HOUSING CORPORATION received in 2021?
The largest grant to OCEANA SENIOR HOUSING CORPORATION in 2021 exceeds $670 thousand.
What is OCEANA SENIOR HOUSING CORPORATION’s reliance on government grants?
OCEANA SENIOR HOUSING CORPORATION relied on government grants for more than 65% of their total revenue in 2024.