2025-11-07T06:52:40-06:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 930860753 BIENESTAR INC BIEN 5036932937 PO BOX 665 HILLSBORO OR 97123 NATHAN TESKE EXECUTIVE DIRECTOR 5036932937 2025-11-06 1 0 JACOB A SOWERS P01712829 3178485700 2024 2025-03-06 01:10:19Z NATHAN TESKE PO BOX 665 HILLSBORO OR 97123 9762646 0 X WWW.BIENESTAR-OR.ORG X 1981 OR BIENESTAR BUILDS HOUSING, HOPE, AND COMMUNITY FOR THE WELLBEING OF LATINXS, IMMIGRANTS, AND ALL FAMILIES IN NEED. 11 11 34 15 0 0 3511969 3532622 5985977 5664520 226205 260856 255664 304648 9979815 9762646 0 0 0 0 2748127 3226305 0 0 128293 5131140 6224841 7879267 9451146 2100548 311500 45883559 46655743 13275335 13736019 32608224 32919724 X BIENESTAR BUILDS AND OPERATES AFFORDABLE HOUSING FOR THE BENEFIT OF LOW-INCOME FAMILIES EARNING JUST 60% OR LESS OF AREA MEDIAN INCOME. OUR PORTFOLIO CONSISTS OF OVER 750 UNITS OF HOUSING THROUGHOUT WASHINGTON AND COLUMBIA COUNTIES, PROVIDING HOMES TO MORE THAN 2,500 PEOPLE. 0 0 6780549 5664520 BIENESTAR OWNS AND OPERATES 774 UNITS OF AFFORDABLE MULTIFAMILY HOUSING FOR FAMILIES EARNING 60% OR LESS OF AREA MEDIAN INCOME. IN 2024, BIENESTAR COMPLETED PLAZA LOS AMIGOS, A 113-UNIT AFFORDABLE HOUSING DEVELOPMENT IN CORNELIUS, OREGON. 1133257 0 BIENESTAR'S SUPPORTIVE HOUSING SERVICES TEAM WORKS DILIGENTLY ON PREVENTION, INTERVENTION, RESTORATION, AND STABILIZATION FOR OUR COMMUNITY MEMBERS WHO ARE HOUSELESS, AT-RISK OF BECOMING HOMELESS, OR FACING HOUSING INSTABILITY. USING A TRAUMA INFORMED LENS, WE PROVIDE ACCESS TO SUPPORTIVE WRAPAROUND SERVICES, HOUSING, EMPLOYMENT, AND EDUCATION SERVICES FOR UNDERSERVED AND MARGINALIZED POPULATIONS THROUGH A COMPREHENSIVE, COMMUNITY-BASED APPROACH. IN 2024, WE HELPED 434 HOUSEHOLDS ACCESS THE SERVICES THEY NEEDED TO HELP STABILIZE THEIR LIVING SITUATION. 677994 0 BIENESTAR'S HOMEOWNERSHIP PROGRAM OFFERS A PATH TO ASSET-BUILDING, FINANCIAL STABILITY, AND ECONOMIC MOBILITY FOR LOW- AND MODERATE-INCOME HOUSEHOLDS, PROVIDING FIRST-TIME HOMEBUYER AND FINANCIAL LITERACY EDUCATION, ONE-ON-ONE COUNSELING FOR RENTERS, PRE-/POST-PURCHASE, AND FORECLOSURE PREVENTION, AND DOWNPAYMENT ASSISTANCE TO HELP FAMILIES BUILD INTERGENERATIONAL WEALTH. PROVIDE ASSET MANAGEMENT SERVICES TO ENSURE FISCAL AND PHYSICAL COMPLIANCE AND HIGH QUALITY OF LIFE FOR ITS RESIDENTS. 8591800 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 61 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 OR X X X NATHAN TESKE 5034810529 448 S FIRST AVE SUITE 100 HILLSBORO OR 97123 NATHAN TESKE EXECUTIVE DIRECTOR 40.00 0.00 X 141799 0 0 ERICA CALDERON HOUSING DIRECTOR 40.00 0.00 X 117427 0 0 SARAH MOLL DIRECTOR OF FINANCE 32.00 0.00 X 51700 0 0 ALEJANDRO ORTEGA VICE PRESIDENT 2.00 0.00 X X 0 0 0 MARY NAVARETTE PRESIDENT 2.00 0.00 X X 0 0 0 COLLIN TURNER TREASURER 2.00 0.00 X X 0 0 0 MARIA GOMEZ SECRETARY 1.00 0.00 X X 0 0 0 VICTOR SALDANHA BOARD MEMBER 1.00 0.00 X 0 0 0 OLIVIA ALCAIRE BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID CINTRON BOARD MEMBER 1.00 0.00 X 0 0 0 GRANT CORLISS BOARD MEMBER 1.00 0.00 X 0 0 0 MARIA DE LA LUZ NINO BOARD MEMBER 1.00 0.00 X 0 0 0 CRISTIAN SALGADO BOARD MEMBER 1.00 0.00 X 0 0 0 KAREN GUILLEN-CHAPMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MAURICIO SOTO BOARD MEMBER 1.00 0.00 X 0 0 0 310926 0 0 2 0 0 0 0 82798 2574385 875439 3532622 RENTAL INCOME 531110 5110319 5110319 DEVELOPER FEE INCOME 531110 430046 430046 RESIDENT SERVICES INCO 531110 124155 124155 5664520 260856 260856 0 82798 0 0 LOSS ON INVESTMENT 531110 179774 179774 OTHER MISC REVENUE 531110 118208 118208 ASSET MGMT FEES 531110 6666 6666 304648 9762646 5664520 0 565504 310925 181236 122599 7090 2407902 2136992 229585 41325 242824 158755 80467 3602 264654 233140 26348 5166 409848 409848 195757 168985 26772 19560 19560 35543 35543 9634 9634 332662 249475 56070 27117 2427877 2416447 11350 80 1487788 1487788 15538 15538 SPECIFIC ASSISTANCE TO 802977 802977 ADMINSTRATIVE EXPENSES 419895 217680 158302 43913 BAD DEBTS 54594 54594 AUTO 8879 8879 4289 4289 9451146 8591800 731053 128293 2001700 2222146 4592177 5750064 542090 4955 174744 715295 8333725 9280507 129857 136788 51952481 31266798 21744412 20685683 56261 43167 8308593 7817138 45883559 46655743 290982 355179 10977809 10692787 2006544 2688053 13275335 13736019 X 31308173 32130588 1300051 789136 32608224 32919724 45883559 46655743 311500 0 X 0 1 X 1 1 1 X 3699059 2868625 5624098 3511969 3532622 19236373 3699059 2868625 5624098 3511969 3532622 19236373 19236373 68592 989 110068 226205 260856 666710 123683 265512 255664 304648 949507 20852590 23662159 0.92250 0.94190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3715915 3715915 48236566 31266798 16969768 20685683 RESTRICTED CASH 4736061 DEVELOPER FEE 2682913 PREDEVELOPMENT COSTS RECEIVABLE 125879 RIGHT TO USE ASSET 127882 INVESTMENT IN OTHER PROPERTIES 144403 7817138 PREPAID RENTS 932947 ACCRUED INTEREST 1303325 SECURITY DEPOSITS 326003 LEASE LIABILITY 125778 2688053 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION FROM THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. GENERAL FUNDRAISER 82798 82798 82798 82798 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY AN APPROPRIATE BOARD MEMBER BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C MONITORED AND ENFORCED BY THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. PROYECTO ADELANTES FAMILIAS LLC PO BOX 665 HILLSBORO OR 97123 272358064 GENERAL PARTNER IN HOUSING LIMITED PARTNERSHIPS OR N/A LINCOLN ST BIENESTAR LLC 448 S 1ST AVENUE SUITE 100 HILLSBORO OR 97123 392439124 OR MONTEBELLO BIENESTAR APARTMENTS LTD PS PO BOX 665 HILLSBORO OR 97123 834549222 OR BIENESTAR INC -30 608809 0 1 0.00010 NUEVA ESPERANZA LIMITED PARTNERSHIP 448 S FIRST AVE 100 HILLSBORO OR 97123 873090742 OR N/A -193 2036874 0 0 PLAZA LOS AMIGOS LIMITED PARTNERSHIP 448 S FIRST AVE 100 HILLSBORO OR 97123 OR BIENESTAR INC -25 3096485 0 1 0.00010 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MONTEBELLO BIENESTAR APARTMENTS LTD PS D 5096111 MARKET VALUE NUEVA ESPERANZA LIMITED PARTNERSHIP D 912000 MARKET VALUE PLAZA LOS AMIGOS LIMITED PARTNERSHIP D 5696580 MARKET VALUE