Civic Intelligence

Oasis Community Inc.

990EZ • Fiscal year 2023 • EIN 85-0624227

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 10, 2024

PO Box 26Lafayette, IN 47902

(765) 413-1858

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

93rd percentile

61%

Higher net margin than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

81st percentile

35%

Faster asset growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

8.2%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$402,133

Up $105,321 (+35%) from 2022

Net Assets

Up

$402,133

Up $105,321 (+35%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$171,591

Up $12,968 (+8.2%) from 2022

Expenses

Up

$66,270

Up $15,218 (+30%) from 2022

Net Income

Down

$105,321

Down $2,250 (-2.1%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2020: $81,359Liabilities 2020: $0Net Assets 2020: $81,3592020Assets 2021: $189,241Liabilities 2021: $0Net Assets 2021: $189,2412021Assets 2022: $296,812Liabilities 2022: $0Net Assets 2022: $296,8122022Assets 2023: $402,133Liabilities 2023: $0Net Assets 2023: $402,1332023Assets 2024: $562,972Liabilities 2024: $5,638Net Assets 2024: $557,3342024

Highlighted filing

2023

Assets$402,133
Liabilities$0
Net Assets$402,133

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0Revenue 2020: $86,213Expenses 2020: $4,854Net Income 2020: $81,3592020Revenue 2021: $155,699Expenses 2021: $47,817Net Income 2021: $107,8822021Revenue 2022: $158,623Expenses 2022: $51,052Net Income 2022: $107,5712022Revenue 2023: $171,591Expenses 2023: $66,270Net Income 2023: $105,3212023Revenue 2024: $225,912Expenses 2024: $70,711Net Income 2024: $155,2012024

Highlighted filing

2023

Revenue$171,591
Expenses$66,270
Net Income$105,321
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 10, 2024
Return Version
2023v5.0
Gross Receipts
$174,464
Mission and Program Overview

Mission

To create and maintain a safe, person-centered, life-long housing community for adults with intellectual & developmental disabilities.

Create and maintain a safe, person-centered, life-long housing community for adults with intellectual and developmental disabilities.

Program Services

DescriptionGrantsExpenses
PROVIDING EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR THOSE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. SPECIFICALLY IN 2023, 187 PEOPLE PARTICIPATED IN SOCIAL INTERACTIONS AND 160 PEOPLE PARTICIPATED IN INFORMATION WORKSHOPS TO LEARN MORE ABOUT A WIFE VARIETY OF DISABILITY RELATED TOPICS.-$3,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROB EYMANPresidentPT$0--
TOM HUMPHREYTreasurerPT$0--
KATHY TRINKLESecretaryPT$0--
JENNIFER HOOVERDirector-$0--
DON GENTRYDirector-$0--
RHONDA JONESDirector-$0--
WENDY STARRDirectorPT$0--
STEVE SNYDERDirector-$0--
JOHN STUCKEYDirector-$0--
ANGELA HUMPHREYDirector Jan-$0--
Filing and Contact Details

Filer

Filer Name
Oasis Community Inc
EIN
85-0624227
Phone
7654131858
Address
PO BOX 26, LAFAYETTE, IN 47902

Signing Officer

Name
Tom Humphrey
Title
Treasurer
Phone
7654131858
Signed
2024-04-10
Discuss with paid preparer
Yes

Preparer

Firm
Huth Thompson Llp
Address
PO BOX 970, LAFAYETTE, IN 47902-0970
Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses development & marketing 1,716 bank fees 10 fees-online giving 1,107 accounting software fees 821 communications 570 dues & subscriptions 900 office expenses 1,641 insurance 473 liability & work comp insuran 1,935 program & activity expens 3,202 organization development 560 fundraising expenses 4,830 total 17,765

Form 990-ez, Part III

Create and maintain a safe, person-centered, life-long housing community for adults with intellectual and developmental disabilities.

Form 990-ez, Part III, Line 28

Providing educational and recreational activities for those with intellectual and developmental disabilities. Specifically in 2023, 187 people participated in social interactions and 160 people participated in information workshops to learn more about a wife variety of disability related topics.

Form 990-ez, Part V, Line 33

Oasis community, inc. ("oasis") is an indiana nonprofit corporation founded in 2020 with a mission to create and maintain an inclusive, safe, person- centered housing community for adults with an intellectual or developmental disability (idd). Our vision is an inclusive community where every resident with or without idd belongs and is valued for who they are. To fulfill the mission: "we plan to build a 12-20 acre residential community of private market-rate for-sale 1-, 2-, and 3-bedroom homes for approximately 60 adults with and without idd. The homes will be organized around a common greenspace in a neighborhood configuration designed for people, not cars. Indoor and outdoor amenities will enhance the community for residents, families, staff, and guests. "we presently organize and conduct programs and outings to help adults with idd improve independent living skills, access transportation, and enhance social skills. We also plan to offer informational workshops that help inform and educate families of adults with idd about long-term planning options and resources for their sons and daughters. "adjacent the residential community we plan to build a 10,000sf community center that will serve as a venue for programs, classes, events, and social gatherings for our residents and members of the greater community, particularly other nonprofits, agencies, advocacy groups, and schools that serve and support adults with idd and their families. It also will serve as a base for oasis programs and outings. The oasis setting will be developed in tippecanoe county. The exact location will be established once land has been acquired through donation or purchase. Funding for the estimated 16.5 million project will be sourced as donations received through a 7.3 million capital campaign to commence once land has been acquired, and through 9.2 million in proceeds from sales of the homes. Operations of the residential community will be funded and sustained through a community fee assessed monthly to all residents. Operations of the community center will be funded and sustained through tuition and fees from onsite programming and rental to outside groups for a variety of uses and events. Capital enhancements and an endowment will be funded through grants and donations. Supports and services oasis will be the owner and manager of the residential community and the community center. Oasis will not be the provider of direct support professional (dsp) supports and services. Residents and program participants who require dsp supports and services to live successfully in our housing or to participate successfully in our programs will be required to contract with their choice of service providers and pay for those supports using the community integration and habilitation (cih) waiver or family supports waiver (fsw) and/or private pay. Oasis community staff will be primarily responsible for home sales, community center rentals, programming, facilitating community culture and resident quality of life, security of residents, staff, and guests, and ensuring the common areas are well maintained. Oasis will supplement staffing with smart home technology and volunteers. In 2023, oasis community, inc. Established three single member limited liability corporations (llcs) to carry out the functions of the mission. These llcs are wholly owed by oasis community, inc. The purpose of the llcs is to compartmentalize aspects of the oasis community, inc. Business in a way that contains risk and enables long-term control . Two of the llc's function as a real estate holding company for the non profit's buildings. The other llc houses the operations of the community center. The three llc's main functions are described below: oasis community residential, llc "real estate holding company that owns all the land, housing, and common areas excluding that directly associated with the community center. "handles marketing and selling the units. Purchasers buy only the interiors of the

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES DEVELOPMENT & MARKETING 1,716 BANK FEES 10 FEES-ONLINE GIVING 1,107 ACCOUNTING SOFTWARE FEES 821 COMMUNICATIONS 570 DUES & SUBSCRIPTIONS 900 OFFICE EXPENSES 1,641 INSURANCE 473 LIABILITY & WORK COMP INSURAN 1,935 PROGRAM & ACTIVITY EXPENS 3,202 ORGANIZATION DEVELOPMENT 560 FUNDRAISING EXPENSES 4,830 TOTAL 17,765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREATE AND MAINTAIN A SAFE, PERSON-CENTERED, LIFE-LONG HOUSING COMMUNITY FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDING EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR THOSE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. SPECIFICALLY IN 2023, 187 PEOPLE PARTICIPATED IN SOCIAL INTERACTIONS AND 160 PEOPLE PARTICIPATED IN INFORMATION WORKSHOPS TO LEARN MORE ABOUT A WIFE VARIETY OF DISABILITY RELATED TOPICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OASIS COMMUNITY, INC. ("OASIS") IS AN INDIANA NONPROFIT CORPORATION FOUNDED IN 2020 WITH A MISSION TO CREATE AND MAINTAIN AN INCLUSIVE, SAFE, PERSON- CENTERED HOUSING COMMUNITY FOR ADULTS WITH AN INTELLECTUAL OR DEVELOPMENTAL DISABILITY (IDD). OUR VISION IS AN INCLUSIVE COMMUNITY WHERE EVERY RESIDENT WITH OR WITHOUT IDD BELONGS AND IS VALUED FOR WHO THEY ARE. TO FULFILL THE MISSION: "WE PLAN TO BUILD A 12-20 ACRE RESIDENTIAL COMMUNITY OF PRIVATE MARKET-RATE FOR-SALE 1-, 2-, AND 3-BEDROOM HOMES FOR APPROXIMATELY 60 ADULTS WITH AND WITHOUT IDD. THE HOMES WILL BE ORGANIZED AROUND A COMMON GREENSPACE IN A NEIGHBORHOOD CONFIGURATION DESIGNED FOR PEOPLE, NOT CARS. INDOOR AND OUTDOOR AMENITIES WILL ENHANCE THE COMMUNITY FOR RESIDENTS, FAMILIES, STAFF, AND GUESTS. "WE PRESENTLY ORGANIZE AND CONDUCT PROGRAMS AND OUTINGS TO HELP ADULTS WITH IDD IMPROVE INDEPENDENT LIVING SKILLS, ACCESS TRANSPORTATION, AND ENHANCE SOCIAL SKILLS. WE ALSO PLAN TO OFFER INFORMATIONAL WORKSHOPS THAT HELP INFORM AND EDUCATE FAMILIES OF ADULTS WITH IDD ABOUT LONG-TERM PLANNING OPTIONS AND RESOURCES FOR THEIR SONS AND DAUGHTERS. "ADJACENT THE RESIDENTIAL COMMUNITY WE PLAN TO BUILD A 10,000SF COMMUNITY CENTER THAT WILL SERVE AS A VENUE FOR PROGRAMS, CLASSES, EVENTS, AND SOCIAL GATHERINGS FOR OUR RESIDENTS AND MEMBERS OF THE GREATER COMMUNITY, PARTICULARLY OTHER NONPROFITS, AGENCIES, ADVOCACY GROUPS, AND SCHOOLS THAT SERVE AND SUPPORT ADULTS WITH IDD AND THEIR FAMILIES. IT ALSO WILL SERVE AS A BASE FOR OASIS PROGRAMS AND OUTINGS. THE OASIS SETTING WILL BE DEVELOPED IN TIPPECANOE COUNTY. THE EXACT LOCATION WILL BE ESTABLISHED ONCE LAND HAS BEEN ACQUIRED THROUGH DONATION OR PURCHASE. FUNDING FOR THE ESTIMATED 16.5 MILLION PROJECT WILL BE SOURCED AS DONATIONS RECEIVED THROUGH A 7.3 MILLION CAPITAL CAMPAIGN TO COMMENCE ONCE LAND HAS BEEN ACQUIRED, AND THROUGH 9.2 MILLION IN PROCEEDS FROM SALES OF THE HOMES. OPERATIONS OF THE RESIDENTIAL COMMUNITY WILL BE FUNDED AND SUSTAINED THROUGH A COMMUNITY FEE ASSESSED MONTHLY TO ALL RESIDENTS. OPERATIONS OF THE COMMUNITY CENTER WILL BE FUNDED AND SUSTAINED THROUGH TUITION AND FEES FROM ONSITE PROGRAMMING AND RENTAL TO OUTSIDE GROUPS FOR A VARIETY OF USES AND EVENTS. CAPITAL ENHANCEMENTS AND AN ENDOWMENT WILL BE FUNDED THROUGH GRANTS AND DONATIONS. SUPPORTS AND SERVICES OASIS WILL BE THE OWNER AND MANAGER OF THE RESIDENTIAL COMMUNITY AND THE COMMUNITY CENTER. OASIS WILL NOT BE THE PROVIDER OF DIRECT SUPPORT PROFESSIONAL (DSP) SUPPORTS AND SERVICES. RESIDENTS AND PROGRAM PARTICIPANTS WHO REQUIRE DSP SUPPORTS AND SERVICES TO LIVE SUCCESSFULLY IN OUR HOUSING OR TO PARTICIPATE SUCCESSFULLY IN OUR PROGRAMS WILL BE REQUIRED TO CONTRACT WITH THEIR CHOICE OF SERVICE PROVIDERS AND PAY FOR THOSE SUPPORTS USING THE COMMUNITY INTEGRATION AND HABILITATION (CIH) WAIVER OR FAMILY SUPPORTS WAIVER (FSW) AND/OR PRIVATE PAY. OASIS COMMUNITY STAFF WILL BE PRIMARILY RESPONSIBLE FOR HOME SALES, COMMUNITY CENTER RENTALS, PROGRAMMING, FACILITATING COMMUNITY CULTURE AND RESIDENT QUALITY OF LIFE, SECURITY OF RESIDENTS, STAFF, AND GUESTS, AND ENSURING THE COMMON AREAS ARE WELL MAINTAINED. OASIS WILL SUPPLEMENT STAFFING WITH SMART HOME TECHNOLOGY AND VOLUNTEERS. IN 2023, OASIS COMMUNITY, INC. ESTABLISHED THREE SINGLE MEMBER LIMITED LIABILITY CORPORATIONS (LLCS) TO CARRY OUT THE FUNCTIONS OF THE MISSION. THESE LLCS ARE WHOLLY OWED BY OASIS COMMUNITY, INC. THE PURPOSE OF THE LLCS IS TO COMPARTMENTALIZE ASPECTS OF THE OASIS COMMUNITY, INC. BUSINESS IN A WAY THAT CONTAINS RISK AND ENABLES LONG-TERM CONTROL . TWO OF THE LLC'S FUNCTION AS A REAL ESTATE HOLDING COMPANY FOR THE NON PROFIT'S BUILDINGS. THE OTHER LLC HOUSES THE OPERATIONS OF THE COMMUNITY CENTER. THE THREE LLC'S MAIN FUNCTIONS ARE DESCRIBED BELOW: OASIS COMMUNITY RESIDENTIAL, LLC "REAL ESTATE HOLDING COMPANY THAT OWNS ALL THE LAND, HOUSING, AND COMMON AREAS EXCLUDING THAT DIRECTLY ASSOCIATED WITH THE COMMUNITY CENTER. "HANDLES MARKETING AND SELLING THE UNITS. PURCHASERS BUY ONLY THE INTERIORS OF THE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART V, LINE 33
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ReturnHeader/ReturnTs02024-04-10T14:51:56-04:00
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ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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