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Oakland Housing Initiatives Inc. is a private corporation based in OAKLAND, CA. The foundation received its IRS ruling in 1995. It holds total assets of $2.2M. Annual income is reported at $71K. THE ORGANIZATION SERVES AS A MANAGING GENERAL PARTNER IN FOOTHILL FAMILY APARTMENTS, L.P. ("FOOTHILL"), AND A SPECIAL LIMITED PARTNER OF LAKESIDE SENIOR APARTMENTS, L.P. ("LAKESIDE"). BOTH OWN AND OPERATE AFFORDABLE HOUSING APARTMENT COMPLEXES IN OAKLAND, CALIFORNIA. OHI EARNS A PARTNERSHIP MANAGEMENT FEE AS COMPENSATION FOR MANAGING THE ACTIVITIES OF FOOTHILL. THE PARTNERSHIP MANAGEMENT FEE AMOUNTS TO $10,000 ANNUALLY, AND IS INCREASED BY THE SAME PERCENTAGE AS THE INCREASE IN THE MEDIAN INCOME FOR THE AREA WHERE THE PROJECT IS LOCATED. PURSUANT TO THE TERMS OF THE JOINT DEVELOPMENT AGREEMENT ENTERED IN FEBRUARY 2008 BY AND BETWEEN OAKLAND HOUSING INITIATIVES AND CHRISTIAN CHURCH HOMES OF NORTHERN CALIFORNIA, THE ORGANIZATION EARNS 20% OF PARTNERSHIP AND INCENTIVE MANAGEMENT FEE ON THE HARRISON STREET SENIOR HOUSING ASSOCIATES, L.P. Contributions to this foundation are tax-deductible.
THE ORGANIZATION SERVES AS A MANAGING GENERAL PARTNER IN FOOTHILL FAMILY APARTMENTS, L.P. ("FOOTHILL"), AND A SPECIAL LIMITED PARTNER OF LAKESIDE SENIOR APARTMENTS, L.P. ("LAKESIDE"). BOTH OWN AND OPERATE AFFORDABLE HOUSING APARTMENT COMPLEXES IN OAKLAND, CALIFORNIA. OHI EARNS A PARTNERSHIP MANAGEMENT FEE AS COMPENSATION FOR MANAGING THE ACTIVITIES OF FOOTHILL. THE PARTNERSHIP MANAGEMENT FEE AMOUNTS TO $10,000 ANNUALLY, AND IS INCREASED BY THE SAME PERCENTAGE AS THE INCREASE IN THE MEDIAN INCOME FOR THE AREA WHERE THE PROJECT IS LOCATED. PURSUANT TO THE TERMS OF THE JOINT DEVELOPMENT AGREEMENT ENTERED IN FEBRUARY 2008 BY AND BETWEEN OAKLAND HOUSING INITIATIVES AND CHRISTIAN CHURCH HOMES OF NORTHERN CALIFORNIA, THE ORGANIZATION EARNS 20% OF PARTNERSHIP AND INCENTIVE MANAGEMENT FEE ON THE HARRISON STREET SENIOR HOUSING ASSOCIATES, L.P.
Expenses: $51K
THE ORGANIZATION SERVES AS A MANAGING GENERAL PARTNER IN FOOTHILL FAMILY APARTMENTS, L.P. ("FOOTHILL"), AND A SPECIAL LIMITED PARTNER OF LAKESIDE SENIOR APARTMENTS, L.P. ("LAKESIDE"). BOTH OWN AND OPERATE AFFORDABLE HOUSING APARTMENT COMPLEXES IN OAKLAND, CALIFORNIA. OHI EARNS A PARTNERSHIP MANAGEMENT FEE AS COMPENSATION FOR MANAGING THE ACTIVITIES OF FOOTHILL. THE PARTNERSHIP MANAGEMENT FEE AMOUNTS TO $10,000 ANNUALLY, AND IS INCREASED BY THE SAME PERCENTAGE AS THE INCREASE IN THE MEDIAN INCOME FOR THE AREA WHERE THE PROJECT IS LOCATED. PURSUANT TO THE TERMS OF THE JOINT DEVELOPMENT AGREEMENT ENTERED IN FEBRUARY 2008 BY AND BETWEEN OAKLAND HOUSING INITIATIVES AND CHRISTIAN CHURCH HOMES OF NORTHERN CALIFORNIA, THE ORGANIZATION EARNS 20% OF PARTNERSHIP AND INCENTIVE MANAGEMENT FEE ON THE HARRISON STREET SENIOR HOUSING ASSOCIATES, L.P.
Oakland Housing Initiatives Inc. typically selects its grantees rather than accepting unsolicited proposals.
Oakland Housing Initiatives Inc. is headquartered in OAKLAND, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patricia Wells | PRESIDENT | $0 | $0 | $0 |
| Roy Schweyer | VICE PRESIDENT | $0 | $0 | $0 |
| Bernard Deasy | TREASURER | $0 | $0 | $0 |
| Carla Dartis | SECRETARY | $0 | $0 | $0 |
| Harold Davis | DIRECTOR | $0 | $0 | $0 |
Total Giving
$41K
Total Assets
$605K
Fair Market Value
$605K
Net Worth
$599K
Grants Paid
$0
Contributions
$0
Net Investment Income
$24K
Distribution Amount
$0
Total: $0
| Don Falk |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Gary Flaxman | DIRECTOR | $0 | $0 | $0 |
| Malik Franklin | DIRECTOR - TO SEP 2023 | $0 | $0 | $0 |
| Anne Griffith | DIRECTOR | $0 | $0 | $0 |
| Gregory Hartwig | DIRECTOR | $0 | $0 | $0 |
| Janet Howley | DIRECTOR | $0 | $0 | $0 |
| Jon Gresley | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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