Oxbow Senior Independence Program INC FY2020 filing

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We own and operate three housing projects for the low income elderly and disabled, two of which are federally subsidized.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$62K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $7K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
125% of total assets
Concern: liabilities are 125% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$514K
Spent
$531K
To programs
86%
Net assets
−$277K
By yearFY2020–FY2025
Revenue
$514K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$514K
FY2021$388K
FY2022$440K
FY2023$404K
FY2024$454K
FY2025$503K
Expenses
$531K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$531K
FY2021$438K
FY2022$411K
FY2023$463K
FY2024$432K
FY2025$472K
Net assets
−$277K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$277K
FY2021−$328K
FY2022−$299K
FY2023−$358K
FY2024−$336K
FY2025−$305K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $455K Management & general 14% · $75K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $62K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$62,148Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Julia O'Donnell’s $62K as Executive Director is at the 51st percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Oxbow Senior Independence Program INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides affordable housing for low-income seniors and disabled individuals.

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3 programs · $432K · in their own filed words · FY2020
01

15 unit low income housing project for the elderly known as Spear House Apartments.

$184Kprogram expense
02

14 unit low income housing project for the elderly known as Montebello Hill Apartments.

$145Kprogram expense
03

Adult day care for the elderly.

$103Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$25K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2025 · $1.5M federal money spent
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.2M
Rural Rental Assistance PaymentsDepartment of Agriculture · ALN 10.427 · Direct$233K

The auditor reported no findings.

Year ending Dec 2024 · $1.4M federal money spent
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.3M
Rural Rental Assistance PaymentsDepartment of Agriculture · ALN 10.427 · Direct$177K

The auditor reported no findings.

Year ending Dec 2023 · $1.4M federal money spent
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.3M
Rural Rental Assistance PaymentsDepartment of Agriculture · ALN 10.427 · Direct$143K

The auditor reported no findings.

Year ending Dec 2022 · $1.5M federal money spent
Rural Rental Housing LoansDepartment of Agriculture · ALN 10.415 · Direct$1.3M
Rural Rental Assistance PaymentsDepartment of Agriculture · ALN 10.427 · Direct$156K

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$514K
Ln 12
Fees for servicesLn 2g$311K
Gifts and grantsLn 1h$202K
Investment incomeLn 3$550
Money outPt IX
$531K
Ln 25
Programscol B$455K
Managementcol C$75K
Owns and owesPt X
−$277K
net assets · Ln 32
Cash and savingsLn 1–2$283K
Total assetsLn 16$1.1M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$202K
Government grantsLn 1e$187K
Fees for servicesLn 2g$311K
Investment incomeLn 3$550
Total revenueLn 12$514K
Assets in detailPt X, end of year
CashLn 1$87K
SavingsLn 2$196K
Cash and savings togetherLn 1–2$283K
Land, buildings, equipmentLn 10c$796K
Total assetsLn 16$1.1M
LiabilitiesLn 26$1.4M
Net assetsLn 32−$277K
OperationsPt I, VI
EmployeesI 59
VolunteersI 618
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$274K$283K
Land, buildings, equipmentLn 10c$777K$796K
Total assetsLn 16$1.1M$1.1M
LiabilitiesLn 26$1.3M$1.4M
Net assetsLn 32−$260K−$277K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$62K$62K
Other salaries and wagesLn 7$22K$22K
Other employee benefitsLn 9$931$931
Payroll taxesLn 10$9K$9K
Management feesLn 11a$24K$24K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$19K$19K
Office expensesLn 13$6K$6K
Information technologyLn 14$4K$4K
OccupancyLn 16$83K$83K
TravelLn 17$384$384
InterestLn 20$103K$103K
Depreciation, depletion and amortizationLn 22$49K$49K
InsuranceLn 23$14K$14K
Other expenses (24a–d)Ln 24$124K$111K$13K
Total functional expensesLn 25$531K$455K$75K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 1, 2026 $503K$472K$31K−$305K 990 PDF
FY2024Filed with the IRS Mar 27, 2025 $454K$432K$21K−$336K 990 PDF
FY2023Filed with the IRS Apr 19, 2024 $404K$463K−$59K−$358K 990 PDF
FY2022Filed with the IRS May 5, 2023 $440K$411K$29K−$299K 990 PDF
FY2021Filed with the IRS Mar 10, 2022 $388K$438K−$50K−$328K 990 PDF
FY2020 ViewingFiled with the IRS May 13, 2021 $514K$531K−$17K−$277K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $513,622 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $122,221$201,668
I-9 Program service revenuePrior year $454,269$311,404
I-10 Investment incomePrior year $346$550
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $576,836$513,622
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $165,255$94,578
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $443,806$436,016
I-18 Total expensesPrior year $609,061$530,594
I-19 Revenue less expensesPrior year −$32,225−$16,972
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $513,622 across 6 lines filed
VIII-1e Government grants$186,743
VIII-1f All other contributions, gifts and grants$14,925
VIII-1h Total contributions, gifts and grants$201,668
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $311,404$311,404
VIII-3 Investment incomeExcluded from tax $550$550
VIII-12 Total revenueRelated to mission $311,404 · Unrelated business $0 · Excluded from tax $550$513,622
Part IX · Statement of functional expenses $530,594 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $62,148$62,148
IX-7 Other salaries and wagesPrograms $22,285$22,285
IX-9 Other employee benefitsPrograms $931$931
IX-10 Payroll taxesPrograms $9,214$9,214
IX-11a Management feesManagement $23,757$23,757
IX-11b Legal feesManagement $1,539$1,539
IX-11c Accounting feesManagement $7,302$7,302
IX-11g Other fees for servicesManagement $18,606$18,606
IX-13 Office expensesManagement $5,972$5,972
IX-14 Information technologyManagement $4,408$4,408
IX-16 OccupancyPrograms $83,078$83,078
IX-17 TravelManagement $384$384
IX-20 InterestPrograms $103,491$103,491
IX-22 Depreciation, depletion and amortizationPrograms $48,962$48,962
IX-23 InsurancePrograms $14,031$14,031
IX-24 Other expenses (24a–d)Programs $111,300 · Management $13,186$124,486
IX-25 Total functional expensesPrograms $455,440 · Management $75,154 · Fundraising $0$530,594
Part X · Balance sheet $1,101,605 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $35,397$86,884
X-2 Savings and temporary cash investmentsStart of year $238,647$195,929
X-4 Accounts receivableStart of year $11,526$9,641
X-9 Prepaid expenses and deferred chargesStart of year $12,342$13,027
X-10c Land, buildings and equipment, netStart of year $776,755$796,124
X-16 Total assetsStart of year $1,074,667$1,101,605
X-17 Accounts payable and accrued expensesStart of year $38,094$73,927
X-19 Deferred revenueStart of year $4,939$4,841
X-25 Other liabilitiesStart of year $11,725$12,092
X-26 Total liabilitiesStart of year $1,335,110$1,379,020
X-27 Net assets without donor restrictionsStart of year −$262,826−$277,415
X-28 Net assets with donor restrictionsStart of year $2,383$0
X-32 Total net assets or fund balancesStart of year −$260,443−$277,415
X-33 Total liabilities and net assetsStart of year $1,074,667$1,101,605
Part XI · Reconciliation of net assets −$277,415 net assets at year end
XI-1 Total revenue$513,622
XI-2 Total expenses$530,594
XI-3 Revenue less expenses−$16,972
XI-4 Net assets at start of year−$260,443
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$277,415

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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