OUR COSTAL VILLAGE INC
8857 N 63RD PLACE, PARADISE VALLEY, AZ 85253 ourcoastalvillage.org

Total Revenue
$199,029
Total Expenses
$136,948
Net Assets
$2,885,502

Organizations Filed Purposes: PROVIDING RELIEF TO THE POOR, DISTRESSED, AND DISADVANTAGED IN THE AREA OF YACHATS, OREGON, PRIMARILY THROUGH AFFORDABLE HOUSING.

DEVELOPMENT AND OPERATION OF A 21 UNIT AFFORDABLE WORKFORCE HOUSING DEVELOPMENT THROUGH FISTERRA GARDENS TOWNHOMES LP, A LIMITED PARTNERSHIP IN WHICH OUR COASTAL VILLAGE, INC. IS GENERAL PARTNER. THE PROJECT WAS COMPLETED IN 2019. ALL UNITS ARE SET ASIDE FOR HOUSEHOLDS EARNING NOT MORE THAN 60% OF AREA MEDIAN INCOME. SINCE COMPLETION ALL UNITS HAVE BEEN RENTED TO ELIGIBLE HOUSEHOLDS.

OPERATION OF FOUR AFFORDABLE HOUSING RESIDENCES RENTED TO FAMILIES EARNING AT OR UNDER 80% OF AREA MEDIAN INCOME AND PAYING NOT MORE THAN 30% OF THEIR GROSS INCOME FOR RENTAL EXPENSES. WE HAD TWO UNITS TURNOVER THIS YEAR AFTER A LONG PERIOD OF RENTAL TO THE PRIOR TENANT RESULTING IN SIGNIFICANT EXPENSES FOR INTERIOR REPAINTING AD APPLIANCE UPGRADES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
K Layne MorrillPRESIDENT DIRECTOR0$75,000
Elizabeth MorrillDIRECTOR SECRETARY0$0
James CraigDIRECTOR0$0
Dennis SnyderDIRECTOR0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202130989349300418_public.xml