Oak Center Towers

Address
2185 N California Blvd No 575
Walnut Creek, CA 94596
Contact
Website: http://www.jtm-esc.org
Phone: +1 (925) 956-7370
Nonprofit
NTEE: L22 - Senior Citizens' Housing/Retirement Communities
EIN: 94-2148270

Mission

TO HELP FINANCE AND SERVE AS GENERAL PARTNER FOR OAK CENTERS, L.P., WHICH OPERATES A 196-UNIT AFFORDABLE RESIDENTIAL COMPLEX FOR ELDERLY OR DISABLED PERSONS IN OAKLAND, CALIFORNIA, AND PROVIDES ASSOCIATED SUPPORTING SOCIAL SERVICES.
 20172016201520142013
Basic features of the organization
Year of formation1972
Metropolitan statistical area7362
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees919192111
Number of people compensated >$100k00000
Number of volunteers2632321715
Number of highly compensated contractors0000 
Personnel
Alfred, Kenrick
Title CHAIRMAN (thru 9/7/15)CHAIRMANCHAIRMANCHAIR, DIRECTOR
Name of key/compensated person Kenrick AlfredKENRICK ALFREDKENRICK ALFREDKENRICK ALFRED
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Current officer TrueTrueTrueTrue
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Average hours per week working for related orgs 7.009.005.007.00
Ann, Campbell
TitleSR. VP ORG'L ADV. (thru 12/16)Sr VP Org'l AdvancementSR. VP ORG'L ADVANCEMENTSR. VP ORG'L ADVANCEMENTSR. VP ORGANIZATIONAL ADVANCEMENT
Name of key/compensated personCampbell Dee AnnCampbell Dee AnnCAMPBELL DEE ANNCAMPBELL DEE ANNCAMPBELL DEE ANN
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org0.000.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$68,382.00$72,543.00$79,621.00$78,651.00$98,067.00
Corresponding comp from related orgs
Reportable compensation from related orgs $458,211.00$232,081.00$252,632.00$253,998.00$475,150.00
Average hours per week working for related orgs40.0039.9039.9039.9040.00
Baxter, Rice
Title  DIRECTORSECRETARYSECRETARY
Name of key/compensated person  RICE BAXTERRICE BAXTERRICE BAXTER
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Current officer   TrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  13.0011.0012.00
C, Kennedy
Title Vice President (thru 10/31/15)VICE PRESIDENTVP/CHIEF OPERATING OFFICERVICE PRESIDENT
Name of key/compensated person Kennedy Marilyn CKENNEDY MARILYN CKENNEDY MARILYN CKENNEDY MARILYN C
Position of compensated person
Current officer TrueTrueTrueTrue
Average hours per week working for org 0.100.100.100.10
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $67,779.00$98,521.00$94,855.00$110,846.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $498,989.00$350,213.00$341,846.00$461,915.00
Average hours per week working for related orgs 39.9039.9039.9040.00
C, Tobin
TitleGeneral Counsel, Chief Risk OfficerGen'l Counsel, Chf Risk Off'rGENERAL COUNSEL, CROGENERAL COUNSEL/CROGENERAL COUNSEL, CRO
Name of key/compensated personTobin William CTobin William CTOBIN WILLIAM CTOBIN WILLIAM CTOBIN WILLIAM C
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.200.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$94,900.00$87,493.00$96,558.00$95,409.00$97,047.00
Corresponding comp from related orgs
Reportable compensation from related orgs $390,421.00$353,189.00$355,359.00$363,888.00$339,307.00
Average hours per week working for related orgs37.8039.9039.9039.9040.00
Christopher, Dana
TitleVP of IT    
Name of key/compensated personDana Christopher    
Position of compensated person
Average hours per week working for org0.80    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$72,861.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $181,491.00    
Average hours per week working for related orgs39.20    
Diana, Jamison
TitleTreasurer, CFOTreasurer, CFOTREASURER, CFOTREASURER, CFOCFO CORPORATE
Name of key/compensated personJamison DianaJamison DianaJAMISON DIANAJAMISON DIANAJAMISON DIANA
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org0.500.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$88,782.00$74,374.00$85,014.00$79,593.00$69,259.00
Corresponding comp from related orgs
Reportable compensation from related orgs $341,038.00$271,053.00$301,000.00$281,223.00$258,367.00
Average hours per week working for related orgs39.5039.9039.9039.9040.00
Diane, Spaulding
TitleDirector (thru 9/16)Director   
Name of key/compensated personSpaulding DianeSpaulding Diane   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs6.006.00   
Dorene, Mahoney
Title   VP HUMAN RESOURCES 
Name of key/compensated person   MAHONEY DORENE 
Position of compensated person
Current officer   True 
Average hours per week working for org   0.10 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $15,617.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $152,197.00 
Average hours per week working for related orgs   39.90 
Fran, Wagstaff
TitleDirectorDirector   
Name of key/compensated personWagstaff FranWagstaff Fran   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs6.006.00   
Gordon, Case
Titlevice chairmanDirectorDIRECTORDIRECTORDIRECTOR
Name of key/compensated personCase GordonCase GordonCASE GORDONCASE GORDONCASE GORDON
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrue    
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs9.009.009.008.007.00
Helen, Sause
TitleDirectorDirectorDIRECTORDIRECTORDIRECTOR
Name of key/compensated personSause HelenSause HelenSAUSE HELENSAUSE HELENSAUSE HELEN
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs11.0011.0010.008.0012.00
Jamie, D'Alessandro
TitleDirector    
Name of key/compensated personD'Alessandro Jamie    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs6.00    
Jerry, Brown
TitleDirector    
Name of key/compensated personBrown Jerry    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs6.00    
Jonathan, Casey
TitleTREASURER/CFO Affordable HousingSECRETARY/CFO Affordable HousingSECRETARY, CFO AFFORDABLE HOUSINGVP AFFORDABLE HOUSINGTREASURER, CFO AFFORDABLE HOUSING
Name of key/compensated personCasey JonathanCasey JonathanCASEY JONATHANCASEY JONATHANCASEY JONATHAN
Position of compensated person
Current individual trustee or director    True
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org10.000.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$29,922.00$28,706.00$30,651.00$18,102.00$17,366.00
Corresponding comp from related orgs
Reportable compensation from related orgs $174,177.00$206,342.00$177,750.00$167,471.00$154,913.00
Average hours per week working for related orgs30.0039.9039.9039.9040.00
Kevin, Gerber
TitlePresident, CEOPresident, CEOPRESIDENT, CEOPRESIDENT, CEOPRESIDENT, CEO
Name of key/compensated personGerber KevinGerber KevinGERBER KEVINGERBER KEVINGERBER KEVIN
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org0.800.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$117,638.00$105,780.00$120,340.00$112,108.00$128,822.00
Corresponding comp from related orgs
Reportable compensation from related orgs $430,598.00$405,985.00$449,950.00$426,726.00$611,419.00
Average hours per week working for related orgs39.2039.9039.9039.9040.00
Lee, Lippert
TitleDirectorDirectorDIRECTORDIRECTORDIRECTOR
Name of key/compensated personLippert LeeLippert LeeLIPPERT LEELIPPERT LEELIPPERT LEE
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs6.008.008.005.006.00
Lorna, Jones
Title VP Human ResourcesVP HUMAN RESOURCESVP HUMAN RESOURCES 
Name of key/compensated person Jones LornaJONES LORNAJONES LORNA 
Position of compensated person
Current officer TrueTrueTrue 
Average hours per week working for org 0.100.100.10 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $20,074.00$76,121.00$29,013.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $132,287.00$169,247.00$48,615.00 
Average hours per week working for related orgs 39.9039.9039.90 
Mary, McMullin
TitleSR. VP ORG'L ADV. (starting 2/17)    
Name of key/compensated personMcMullin Mary    
Position of compensated person
Current officerTrue    
Average hours per week working for org0.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs40.00    
P, Yearout
Title    VP AFFORDABLE HOUSING
Name of key/compensated person    YEAROUT MARGERY P
Position of compensated person
Current officer    True
Average hours per week working for org    0.10
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $18,116.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $165,970.00
Average hours per week working for related orgs    40.00
Phyllis, Cassel
TitleDirector    
Name of key/compensated personCassel Phyllis    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs6.00    
Prab, Brinton
TitleVP Human Resources (starting 1/17)    
Name of key/compensated personBrinton Prab    
Position of compensated person
Current officerTrue    
Average hours per week working for org0.20    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs39.80    
Rick, Oliveri
TitleVP Human Resources (thru 1/17)    
Name of key/compensated personOliveri Rick    
Position of compensated person
Current officerTrue    
Average hours per week working for org0.20    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$26,539.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $190,175.00    
Average hours per week working for related orgs39.80    
Ron, Schaefer
TitleVice PresidentVice President (starting 2/1/16)   
Name of key/compensated personSchaefer RonSchaefer Ron   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org0.000.10   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$84,286.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $259,705.00$0.00   
Average hours per week working for related orgs40.0039.90   
Sally, Little-Waterman
TitleDirectorDirectorDIRECTORDIRECTOR 
Name of key/compensated personLittle-Waterman SallyLittle-Waterman SallyLITTLE-WATERMAN SALLYLITTLE-WATERMAN SALLY 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs6.006.008.005.00 
Stephen, Emslie
Title  DIRECTORDIRECTOR 
Name of key/compensated person  EMSLIE STEPHENEMSLIE STEPHEN 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  1.001.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Average hours per week working for related orgs  8.004.00 
Stephen, Ernslie
TitleChairmanDirector   
Name of key/compensated personErnslie StephenErnslie Stephen   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrue    
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs6.006.00   
Steven, Lane
TitleDirector (thru 9/16)DirectorDIRECTORDIRECTORDIRECTOR
Name of key/compensated personLane StevenLane StevenLANE STEVENLANE STEVENLANE STEVEN
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs6.008.008.005.006.00
Suanne, Ramar
TitleDirector (thru 9/16)CHAIRMAN (starting 9/8/15)VICE CHAIRMANVICE CHAIRMANDIRECTOR
Name of key/compensated personRamar SuanneRamar SuanneRAMAR SUANNERAMAR SUANNERAMAR SUANNE
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officer TrueTrueTrue 
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs6.008.008.007.006.00
Tracy, Powell
Title VP of Outreach ProgramsVP OF OUTREACH PROGRAMSVP OUTREACH PROGRAMS 
Name of key/compensated person Powell TracyPOWELL TRACYPOWELL TRACY 
Position of compensated person
Current officer TrueTrueTrue 
Average hours per week working for org 0.100.100.10 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $46,126.00$60,752.00$56,622.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $155,894.00$179,988.00$256,835.00 
Average hours per week working for related orgs 39.9039.9039.90 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesSERVE AS GENERAL PARTNER FOR A SENIOR HOUSING PROJECT IN WEST OAKLAND, CALIFORNIA.SERVE AS GENERAL PARTNER FOR A SENIOR HOUSING PROJECT IN WEST OAKLAND, CALIFORNIA.SERVE AS GENERAL PARTNER FOR A SENIOR HOUSING PROJECT IN WEST OAKLAND, CALIFORNIA.SERVE AS GENERAL PARTNER FOR A SENIOR HOUSING PROJECT IN WEST OAKLAND, CALIFORNIA.SERVE AS GENERAL PARTNER FOR A SENIOR HOUSING PROJECT IN WEST OAKLAND, CALIFORNIA.
Program service expenses, total$2,423,349.00$1,011,394.00$7,521.00$7,758.00$7,704.00
Programs, including revenue & expenses
OAK CENTER TOWERS (OCT) WAS ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA IN 1971 IN ORDER TO OPERATE A 196-UNIT AFFORDABLE RESIDENTIAL COMPLEX FOR ELDERLY OR DISABLED PERSONS IN OAKLAND, CALIFORNIA (THE PROJECT), AND TO PROVIDE ASSOCIATED SUPPORTING SOCIAL SERVICES AT THE PROJECT. IN JUNE 2005, OCT SOLD ITS INTEREST IN THE PROJECT TO OAK CENTERS, L.P., A CALIFORNIA LIMITED PARTNERSHIP (OCLP) AS PART OF A LOW-INCOME HOUSING TAX CREDIT TRANSACTION. THE PURPOSE OF THE TRANSACTION WAS TO GENERATE FUNDS TO PERFORM A SUBSTANTIAL REHABILITATION OF THE PROJECT. OCT IS THE SOLE GENERAL PARTNER OF OCLP AND OWNS A .01% INTEREST. OCT PROVIDED A CAPITAL CONTRIBUTION OF $1,200,000 AND COMMITTED TO A LONG-TERM LOAN TOTALING $3,805,437. TOTAL OF 220 PEOPLE WERE SERVED DURING THE YEAR.
Program expenses$2,423,349.00$1,011,394.00$7,521.00$7,758.00$7,704.00
Grants and allocations made$2,413,088.00$1,000,000.00   
Program revenue$2,603,360.00$190,272.00$190,272.00$190,272.00$190,426.00
Program descriptionOAK CENTER TOWERS (OCT) WAS ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA IN 1971 IN ORDER TO OPERATE A 196-UNIT AFFORDABLE RESIDENTIAL COMPLEX FOR ELDERLY OR DISABLED PERSONS IN OAKLAND, CALIFORNIA (THE PROJECT), AND TO PROVIDE ASSOCIATED SUPPORTING SOCIAL SERVICES AT THE PROJECT. IN JUNE 2005, OCT SOLD ITS INTEREST IN THE PROJECT TO OAK CENTERS, L.P., A CALIFORNIA LIMITED PARTNERSHIP (OCLP) AS PART OF A LOW-INCOME HOUSING TAX CREDIT TRANSACTION. THE PURPOSE OF THE TRANSACTION WAS TO GENERATE FUNDS TO PERFORM A SUBSTANTIAL REHABILITATION OF THE PROJECT. OCT IS THE SOLE GENERAL PARTNER OF OCLP AND OWNS A .01% INTEREST. OCT PROVIDED A CAPITAL CONTRIBUTION OF $1,200,000 AND COMMITTED TO A LONG-TERM LOAN TOTALING $3,805,437. TOTAL OF 220 PEOPLE WERE SERVED DURING THE YEAR.OAK CENTER TOWERS (OCT) WAS ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA IN 1971 IN ORDER TO OPERATE A 196-UNIT AFFORDABLE RESIDENTIAL COMPLEX FOR ELDERLY OR DISABLED PERSONS IN OAKLAND, CALIFORNIA (THE PROJECT), AND TO PROVIDE ASSOCIATED SUPPORTING SOCIAL SERVICES AT THE PROJECT. IN JUNE 2005, OCT SOLD ITS INTEREST IN THE PROJECT TO OAK CENTERS, L.P., A CALIFORNIA LIMITED PARTNERSHIP (OCLP) AS PART OF A LOW-INCOME HOUSING TAX CREDIT TRANSACTION. THE PURPOSE OF THE TRANSACTION WAS TO GENERATE FUNDS TO PERFORM A SUBSTANTIAL REHABILITATION OF THE PROJECT. OCT IS THE SOLE GENERAL PARTNER OF OCLP AND OWNS A .01% INTEREST. OCT PROVIDED A CAPITAL CONTRIBUTION OF $1,200,000 AND COMMITTED TO A LONG-TERM LOAN TOTALING $3,805,437. TOTAL OF 268 PEOPLE WERE SERVED DURING THE YEAR.OAK CENTER TOWERS (OCT) WAS ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA IN 1971 IN ORDER TO OPERATE A 196-UNIT AFFORDABLE RESIDENTIAL COMPLEX FOR ELDERLY OR DISABLED PERSONS IN OAKLAND, CALIFORNIA (THE PROJECT), AND TO PROVIDE ASSOCIATED SUPPORTING SOCIAL SERVICES AT THE PROJECT. IN JUNE 2005, OCT SOLD ITS INTEREST IN THE PROJECT TO OAK CENTERS, L.P., A CALIFORNIA LIMITED PARTNERSHIP (OCLP) AS PART OF A LOW-INCOME HOUSING TAX CREDIT TRANSACTION. THE PURPOSE OF THE TRANSACTION WAS TO GENERATE FUNDS TO PERFORM A SUBSTANTIAL REHABILITATION OF THE PROJECT. OCT IS THE SOLE GENERAL PARTNER OF OCLP AND OWNS A .01% INTEREST. OCT PROVIDED A CAPITAL CONTRIBUTION OF $1,200,000 AND COMMITTED TO A LONG-TERM LOAN TOTALING $3,805,437. TOTAL OF 205 PEOPLE WERE SERVED DURING THE YEAR.OAK CENTER TOWERS (OCT) WAS ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA IN 1971 IN ORDER TO OPERATE A 196-UNIT AFFORDABLE RESIDENTIAL COMPLEX FOR ELDERLY OR DISABLED PERSONS IN OAKLAND, CALIFORNIA (THE PROJECT), AND TO PROVIDE ASSOCIATED SUPPORTING SOCIAL SERVICES AT THE PROJECT. IN JUNE 2005, OCT SOLD ITS INTEREST IN THE PROJECT TO OAK CENTERS, L.P., A CALIFORNIA LIMITED PARTNERSHIP (OCLP) AS PART OF A LOW-INCOME HOUSING TAX CREDIT TRANSACTION. THE PURPOSE OF THE TRANSACTION WAS TO GENERATE FUNDS TO PERFORM A SUBSTANTIAL REHABILITATION OF THE PROJECT. OCT IS THE SOLE GENERAL PARTNER OF OCLP AND OWNS A .01% INTEREST. OCT PROVIDED A CAPITAL CONTRIBUTION OF $1,200,000 AND COMMITTED TO A LONG-TERM LOAN TOTALING $3,805,437. TOTAL OF 239 PEOPLE WERE SERVED DURING THE YEAR.OAK CENTER TOWERS (OCT) WAS ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA IN 1971 IN ORDER TO OPERATE A 196-UNIT AFFORDABLE RESIDENTIAL COMPLEX FOR ELDERLY OR DISABLED PERSONS IN OAKLAND, CALIFORNIA (THE PROJECT), AND TO PROVIDE ASSOCIATED SUPPORTING SOCIAL SERVICES AT THE PROJECT. IN JUNE 2005, OCT SOLD ITS INTEREST IN THE PROJECT TO OAK CENTERS, L.P., A CALIFORNIA LIMITED PARTNERSHIP (OCLP) AS PART OF A LOW-INCOME HOUSING TAX CREDIT TRANSACTION. THE PURPOSE OF THE TRANSACTION WAS TO GENERATE FUNDS TO PERFORM A SUBSTANTIAL REHABILITATION OF THE PROJECT. OCT IS THE SOLE GENERAL PARTNER OF OCLP AND OWNS A .01% INTEREST. OCT PROVIDED A CAPITAL CONTRIBUTION OF $1,200,000 AND COMMITTED TO A LONG-TERM LOAN TOTALING $3,805,437. TOTAL OF 210 PEOPLE WERE SERVED DURING THE YEAR.
Financial data
Revenue
Total revenue$2,653,321.00$221,237.00$219,385.00$219,073.00$231,638.00
Revenue from contributions (total)$25,085.00$82.00$82.00$82.00$82.00
Investment income, current yr$24,876.00$30,883.00$29,031.00$28,768.00$20,863.00
Total revenue from grants, etc., current yr$25,085.00$82.00$82.00$82.00$82.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00-$49.00$20,267.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$2,603,360.00$190,272.00$190,272.00$190,272.00$190,426.00
Gross receipts$2,653,321.00$221,237.00$219,385.00$219,073.00$231,638.00
Sources of contributions
Contributions from related organizations$25,000.00    
Revenue from all other contributions$85.00$82.00$82.00$82.00$82.00
Other types of revenue
Miscellaneous revenue (total)   -$49.00$20,267.00
Income from dividends, interest, and similar investments$24,876.00$30,883.00$29,031.00$28,768.00$20,863.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$2,435,899.00$1,023,944.00$17,521.00$22,060.00$10,205.00
Total functional expenses: program service $2,423,349.00$1,011,394.00$7,521.00$7,758.00$7,704.00
Total functional expenses: management and general$12,550.00$12,550.00$10,000.00$14,302.00$2,501.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$9,296,695.00$9,079,273.00$9,881,980.00$9,680,116.00$9,483,068.00
Total assets, beginning of year$9,079,273.00$9,881,980.00$9,680,116.00$9,483,068.00$9,290,259.00
Total liabilities$0.00$0.00$0.00$0.00$0.00
Total liabilities, beginning of year$0.00$0.00$0.00$0.00$28,800.00
Unrestricted net assets, end of yr$9,215,210.00$8,997,788.00$9,800,495.00$9,598,631.00$9,401,583.00
Temporarily restricted net assets$81,485.00$81,485.00$81,485.00$81,485.00$81,485.00
Net assets$9,296,695.00$9,079,273.00$9,881,980.00$9,680,116.00$9,483,068.00
Net assets, beginning of year$9,079,273.00$9,881,980.00$9,680,116.00$9,483,068.00$9,261,459.00
Other assets   $0.00$2,000.00
Cash: non-interest bearing$34,503.00$32,313.00$56,256.00$73,776.00$91,833.00
Cash: non-interest bearing, beginning of year$32,313.00$56,256.00$73,776.00$91,833.00$112,539.00
Investments -- program-related$1,199,951.00$1,199,951.00$1,199,951.00$1,199,951.00$1,199,921.00
Other financial variables
Revenue less expenses$217,422.00-$802,707.00$201,864.00$197,013.00$221,433.00
Advertising (total)  $2,728.00$3,001.00 
Savings & temp cash investment$2,360,881.00$2,335,920.00$3,304,956.00$3,275,844.00$3,249,040.00
Accounts payable & accrued expenses    $0.00
Total net assets or fund balances$9,296,695.00$9,079,273.00$9,881,980.00$9,680,116.00$9,483,068.00
Governance and accountability
Number of voting members99997
Number of independent voting members99997
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrue   True
Audited on both consolidated and separate basis TrueTrueTrue 
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-04-012015-04-012014-04-012013-04-012012-04-01
Tax year end date2017-03-012016-03-012015-03-012014-03-012013-03-01
Has local chapters TrueTrueTrueTrue
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrue   
Org has controlled entityTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-10-122017-01-032015-09-242014-10-012013-12-10
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201732279349300708201632369349300828201512299349304216201412269349301821201312279349302086
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