OAK CENTER TOWERS
2185 N CALIFORNIA BLVD NO 215, WALNUT CREEK, CA 94596 www.covia.org

Total Revenue
$2,730,323
Total Expenses
$2,493,769
Net Assets
$9,980,349

Organizations Filed Purposes: 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.

SERVE AS GENERAL PARTNER FOR A SENIOR HOUSING PROJECT IN WEST OAKLAND, CALIFORNIA.

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 212 PEOPLE WERE SERVED DURING THE YEAR.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Tobin WilliamFORMER GENERAL COUNSEL1$0
Dana ChristopherVP OF IT0.2$0
Brinton PrabhjotVP HUMAN RESOURCES0.2$0
Mcmullin MaryCHIEF STRATEGY/ADV. OFFICER4$0
Sultan KarimVP OF AFFORDABLE HOUSING0.5$0
Schaefer RonaldCHIEF OPERATING OFFICER0.1$0
Casey JonathanSECRETARY/VP OF FINANCE4$0
Jamison DianaTREASURER, CFO0.5$0
Gerber KevinPRESIDENT, CEO0.8$0
Ramirez KenDIRECTOR (START 9/19)1$0
Lanyon BruceDIRECTOR1$0
Marshall WinthropDIRECTOR (THRU 9/19)1$0
Morris PeterDIRECTOR1$0
Wagstaff FranDIRECTOR1$0
Lippert LeeDIRECTOR1$0
D'Alessandro JamieDIRECTOR (THRU 9/19)1$0
Donnelly KenDIRECTOR, VICE CHAIRMAN (START 9/19)1$0
Case GordonVICE CHAIRMAN (THRU 9/19), DIRECTOR1$0
Emslie StephenCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012309349302841_public.xml