Nonprofit · EIN 93-1209647
MARION STREET APARTMENTS INC
Tax-exempt · PORTLAND, OR 97239
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $257,953 | $278,878 | -$20,925 | $866,695 | $67,288 | $799,407 |
| December 31, 2023 | 990 | $254,273 | $288,489 | -$34,216 | $910,496 | $90,164 | $820,332 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $148,949
- of which government grants
- $148,949
- Program service revenue
- $96,690
- Investment income
- $9,762
- Other revenue
- $2,552
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,765
- Accounting fees
- $11,345
- Occupancy
- $83,432
- Depreciation
- $25,729
- Program services (functional)
- $239,001
- Management and general (functional)
- $39,877
Balance sheet and other
- Total assets, start of year
- $910,496
- Total assets, end of year
- $866,695
- Total liabilities, end of year
- $67,288
- Net assets, end of year
- $799,407
- Land, buildings and equipment
- $334,037
- Net assets without donor restrictions
- $22,979
- Net assets with donor restrictions
- $776,428
- Gross receipts
- $257,953
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1996
- 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 |
| JILL LAM | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBBIE BURKE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WHIT SPENCER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMIE BECKLAND | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| 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 |
| CRIS SOHLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID SACAMANO | 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 |
| SAMM MCCRARY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CLARA JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TEJAN CONTEH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SAM STUCKEY | BOARD MEMBER Trustee or director | 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
- % REACH COMMUNITY DEVELOPMENT INC
- 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 AQUIRE AND OPERATE A 24-UNIT APARTMENT COMPLEX FOR LOWER-INCOME FAMILIES AND INDIVIDUALS
Program accomplishments
- MARION STREET APARTMENTS WAS FORMED TO ACQUIRE AND OPERATE A 24-UNIT APARTMENT COMPLEX FOR LOWER-INCOME FAMILIES AND INDIVIDUALS.Expenses $239,001 · revenue $99,242
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
- 93-1209647
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80)
- Assets (IRS master file)
- $866,695
- Income (IRS master file)
- $257,953
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $257,953 | $278,878 | $866,695 | IRS |
| 990 | December 2023 | $254,273 | $288,489 | $910,496 | XML |
| 990 | December 2022 | $225,686 | $232,362 | $956,024 | 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 93-1209647).
Questions about MARION STREET APARTMENTS INC
- What is the EIN of MARION STREET APARTMENTS INC?
- The employer identification number (EIN) of MARION STREET APARTMENTS INC is 93-1209647.
- Is MARION STREET APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MARION STREET APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARION STREET 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 MARION STREET 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 MARION STREET 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 MARION STREET APARTMENTS INC?
- The 990 for the year ended December 31, 2024 names MARGARET SALAZAR.
- Who are the officers and directors of MARION STREET APARTMENTS INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does MARION STREET APARTMENTS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $257,953, expenses of $278,878 and total assets of $866,695 at year end.
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