Nonprofit · EIN 91-1764112
POWELL BOULEVARD APARTMENTS INC
Tax-exempt · PORTLAND, OR 97239
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $442,455 | $318,245 | $124,210 | $1,426,876 | $644,040 | $782,836 |
| December 31, 2023 | 990 | $211,269 | $281,327 | -$70,058 | $1,223,097 | $564,471 | $658,626 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $113,331
- of which government grants
- $113,331
- Program service revenue
- $53,738
- Investment income
- $3,598
- Other revenue
- $271,788
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,396
- Accounting fees
- $11,567
- Occupancy
- $116,239
- Depreciation
- $71,599
- Program services (functional)
- $287,136
- Management and general (functional)
- $31,109
Balance sheet and other
- Total assets, start of year
- $1,223,097
- Total assets, end of year
- $1,426,876
- Total liabilities, end of year
- $644,040
- Net assets, end of year
- $782,836
- Land, buildings and equipment
- $1,210,591
- Net assets without donor restrictions
- -$873,776
- Net assets with donor restrictions
- $1,656,612
- Gross receipts
- $442,455
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1997
- State of legal domicile
- OR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARGARET SALAZAR | PRESIDENT & CEO Officer | 1 | $0 | $218,664 | $45,693 |
| TEKLE BUSHEN | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $193,661 | $20,473 |
| JILL LAM | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TEJAN CONTEH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAUL CUMMINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMIE BECKLAND | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALMA FLORES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CELIA SMOOT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER SOHLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| EDWARD KNIGHTLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JIM LODWICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOHN CARDENAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SAMUEL STUCKEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SEAN EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DANIEL VALLIERE | PRESIDENT & CEO (UNTIL OCT. 2023) Officer | 1 | $0 | $176,403 | $27,042 |
| TEKLE BUSHEN | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $145,966 | $10,769 |
| MARGARET SALAZAR | PRESIDENT & CEO (AS OF OCT. 2023) Officer | 1 | $0 | $29,276 | $2,579 |
| ALEXANDER MCPHERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BEN WERNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHERANDA CURTIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CLARA JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CRIS SOHLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID SACAMANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DEBBIE BURKE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| EDWARD KNIGHTLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMIE BECKLAND | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JILL LAM | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JIM LODWICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SAM STUCKEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SAMM MCCRARY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TEJAN CONTEH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WHIT SPENCER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAUL CUMMINGS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4150 S MOODY AVE, PORTLAND, OR 97239-4417
- In care of
- % DEBRA A WALSH
- Principal officer (990 for 2024)
- MARGARET SALAZAR, 4150 S MOODY AVENUE, PORTLAND, OR 97239
- Signed the 990
- MEI LEE, CFO
- Phone
- (503) 231-0682
- Website
- REACHCDC.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO PROVIDE LOW-INCOME HOUSING FOR DUAL-DIAGNOSIS, CHRONICALLY MENTALLY ILL INDIVIDUALS
Program accomplishments
- POWELL BOULEVARD APARTMENTS, INC. WAS FORMED TO CONSTRUCT AND OPERATE A 20-UNIT APARTMENT COMPLEX FOR LOW-INCOME PERSONS WHO ARE CHRONICALLY MENTALLY ILL.Expenses $287,136 · revenue $325,526
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 91-1764112
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $1,426,876
- Income (IRS master file)
- $442,455
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $442,455 | $318,245 | $1,426,876 | XML |
| 990 | December 2023 | $211,269 | $281,327 | $1,223,097 | XML |
| 990 | December 2022 | $179,100 | $244,641 | $1,242,564 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1764112).
Questions about POWELL BOULEVARD APARTMENTS INC
- What is the EIN of POWELL BOULEVARD APARTMENTS INC?
- The employer identification number (EIN) of POWELL BOULEVARD APARTMENTS INC is 91-1764112.
- Is POWELL BOULEVARD APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to POWELL BOULEVARD APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POWELL BOULEVARD APARTMENTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POWELL BOULEVARD APARTMENTS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POWELL BOULEVARD APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of POWELL BOULEVARD APARTMENTS INC?
- The 990 for the year ended December 31, 2024 names MARGARET SALAZAR.
- Who are the officers and directors of POWELL BOULEVARD APARTMENTS INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does POWELL BOULEVARD APARTMENTS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $442,455, expenses of $318,245 and total assets of $1,426,876 at year end.
Other nonprofits in PORTLAND
- TRILLIUM FAMILY SERVICES INC EIN 93-0386966 · last filed 990 for 2025
- REACH COMMUNITY DEVELOPMENT INC EIN 93-0813981 · last filed 990 for 2024
- DO GOOD MULTNOMAH EIN 47-3934102 · last filed 990 for 2025
- MIRABELLA AT SOUTH WATERFRONT EIN 71-1016384 · last filed 990 for 2025
- HABITAT FOR HUMANITY PORTLAND METRO EAST EIN 93-0801200 · last filed 990 for 2025
- INNOVATIVE HOUSING INC EIN 93-0877440 · last filed 990 for 2025
- SUNSTONE WAY EIN 86-2296287 · last filed 990 for 2025
- COMMUNITY PARTNERS FOR AFFORDABLE HOUSING EIN 93-1155559 · last filed 990 for 2025