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Our Coastal Village Foundation Inc

EIN 26-4584304 · Yachats, OR

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceGood77 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROVIDING RELIEF TO THE POOR, DISTRESSED, AND DISADVANTAGED ON THE CENTRAL OREGON COAST, PRIMARILY THROUGH AFFORDABLE HOUSING.

Income
$2.0 million
Spending
$272,880
Spent on programs
100%
Reserves
Over 10 years of spending
Largest source of income
fees for its services, 50%
Employees
0
Volunteers
5
Highest pay
$145,000, president di

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 91% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 87% of income.

  • Income trend

    15 of 15

    Income rose 16% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 77 out of 100. Higher than 31% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    3 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $204,660 spent. CHESTNUT MANAGEMENT LLC, WHOLLY OWNED BY OUR COASTAL VILLAGE, INC., IS DEVELOPING A 4-CLASSROOM, 5,500-SQUARE-FOOT EARLY LEARNING CENTER ADJACENT TO THE ELM PARK APARTMENTS IN FLORENCE, OREGON. CONSTRUCTION BEGAN ON DECEMBER 1, 2025, AND WILL BE COMPLETED ON JULY 31, 2026. SCHOOL BEGINS SEPTEMBER 8, 2026. HEAD START OF LANE COUNTY WILL OFFER HEAD START PROGRAMMING IN TWO CLASSROOMS; STEPPING STONES CENTER FOR EARLY LEARNING, LLC, WILL PROVIDE FEE-FOR-SERVICE EARLY LEARNING IN THE OTHER TWO CLASSROOMS. CHILDREN RESIDING AT ELM PARK APARTMENTS WILL HAVE A PREFERENCE FOR EARLY LEARNING AT ELM PARK EARLY LEARNING CENTER.
  2. $68,220 spent. OUR COASTAL VILLAGE INC IS DEVELOPING A 32-UNIT AFFORDABLE RENTAL PROJECT IN FLORENCE, OREGON, KNOWN AS ELM PARK APARTMENTS. CONSTRUCTION BEGAN IN JUNE 2025 AND WILL BE COMPLETED IN 2026. 16 UNITS WILL BE SET ASIDE FOR HOUSEHOLDS AT OR UNDER 60% OF AREA MEDIAN INCOME. THE OTHER 16 UNITS WILL BE AVAILABLE TO FAMILIES AT OR UNDER 30%, 40%, OR 50% OF AREA MEDIAN INCOME. SIUSLAW CHILDCARE FRIENDS, A 501(C)(3) ORGANIZATION WITH A CHILDCARE MISSION, WILL PROVIDE FINANCIAL AID THAT WILL ALLOW RESIDENTS OF ELM PARK APARTMENTS TO ACCESS THE STEPPING STONES EARLY LEARNING THAT THEY COULD NOT OTHERWISE AFFORD.
  3. DEVELOPMENT AND OPERATION OF A 24-UNIT LIHTC AFFORDABLE RENTAL HOUSING COMPLEX IN FLORENCE, OREGON, KNOWN AS OAK MANOR APARTMENTS, OF WHICH SIX UNITS WILL BE AVAILABLE TO HOUSEHOLDS EARNING AT OR UNDER 30% OF AREA MEDIAN INCOME; AND EIGHTEEN UNITS WILL BE AVAILABLE TO HOUSEHOLDS EARNING AT OR UNDER 60% OF AREA MEDIAN INCOME. CONSTRUCTION ENDED 2-28-24 AND THE PROPERTY WAS 100% LEASED AND OCCUPIED BY 6-30-24.
  4. SUPERVISION OF AN AFFORDABILITY COVENANT APPLICABLE TO SEVEN TOWNHOUSE UNITS OWNED BY PERSONS EARNING AT OR UNDER 80% OF AREA MEDIAN INCOME. ALL FUTURE BUYERS OR TENANTS MUST MEET THE INCOME ELIGIBILITY. RESALE PRICES CANNOT EXCEED THE PRICE PAID PLUS 2% PER YEAR FOR EACH FULL YEAR OF OWNERSHIP. OPERATION OF A 21-UNIT LIHTC AFFORDABLE WORKFORCE HOUSING DEVELOPMENT THROUGH FISTERRA GARDENS TOWNHOMES LP, A LIMITED PARTNERSHIP IN WHICH OUR COASTAL VILLAGE, INC., IS THE 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. THE PARTNERSHIP REPORTS ITS INCOME AND EXPENSES AND OCV'S SHARE IS REPORTED ON LATER SCHEDULES.
  5. SUPERVISION OF AN AFFORDABILITY COVENANT APPLICABLE TO SEVEN TOWNHOUSE UNITS OWNED BY PERSONS EARNING AT OR UNDER 80% OF AREA MEDIAN INCOME. ALL FUTURE BUYERS OR TENANTS MUST MEET THE INCOME ELIGIBILITY. RESALE PRICES CANNOT EXCEED THE PRICE PAID PLUS 2% PER YEAR FOR EACH FULL YEAR OF OWNERSHIP. OPERATION OF A 21-UNIT LIHTC AFFORDABLE WORKFORCE HOUSING DEVELOPMENT THROUGH FISTERRA GARDENS TOWNHOMES LP, A LIMITED PARTNERSHIP IN WHICH OUR COASTAL VILLAGE, INC., IS THE 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. THE PARTNERSHIP REPORTS ITS INCOME AND EXPENSES AND OCV'S SHARE IS REPORTED ON LATER SCHEDULES.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2009.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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