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Filing year 2023

Oak Center Towers

Glendale, California·EIN 94-2148270·3
Total revenue
$2.4M
Total assets
$10.9M
Total expenses
$2.2M
Reported officers
14
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.

Executive compensation

Form 990 · Schedule J · 8 reported individuals · Filing year 2023

Chief Legal Officer / Secretary
secretary (operational)
$35k
$38k
President-caring Housing Ministries
highest compensated employee
$33k
$36k
Chief Innovation & Technology Officer
key employee
$33k
$36k
Director of Operations-caring Housing Ministries
highest compensated employee
$23k
$26k
Director of Finance-caring Housing Ministries
highest compensated employee
$15k
$16k
Former CEO
former officer/director/trustee
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Down 47%
from 2022

From $89k in 2022 to $48k in 2023.

$89k
2022
$48k
2023
In today's dollarsEst.
Down 48% in real terms$102k to $53k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Oak Center Towers reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.7M
$4.7M
2022
$2.4M
$2.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
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