Civic Intelligence

Hacienda Community Development Corporation

990 • Fiscal year 2018 • EIN 93-0979064

Jul 01, 2017 to Jun 30, 2018 • Filed on May 06, 2019

6700 NE KillingsworthPortland, OR 97218

(503) 595-2111

Siviq Scores

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

Liabilities / Assets

87th percentile

0.82x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

6.17x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

7th percentile

-26%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

10th percentile

$87,926

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

56th percentile

3.7%

Faster asset growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-42%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$33,344,792

Flat from 2018

Net Assets

Flat

$6,067,554

Flat from 2018

Liabilities

Flat

$27,277,238

Flat from 2018

Revenue

Flat

$4,421,203

Flat from 2018

Expenses

Flat

$5,558,547

Flat from 2018

Net Income

Flat

-$1,137,344

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $19,345,476Liabilities 2010: $13,766,940Net Assets 2010: $5,578,5362010Assets 2011: $14,213,459Liabilities 2011: $4,431,204Net Assets 2011: $9,782,2552011Assets 2012: $18,474,748Liabilities 2012: $8,665,526Net Assets 2012: $9,809,2222012Assets 2013: $18,454,689Liabilities 2013: $8,551,773Net Assets 2013: $9,902,9162013Assets 2014: $21,414,378Liabilities 2014: $9,058,177Net Assets 2014: $12,356,2012014Assets 2015: $28,739,944Liabilities 2015: $23,703,743Net Assets 2015: $5,036,2012015Assets 2016: $27,755,680Liabilities 2016: $22,867,167Net Assets 2016: $4,888,5132016Assets 2017: $32,143,361Liabilities 2017: $24,938,463Net Assets 2017: $7,204,8982017Assets 2018: $33,344,792Liabilities 2018: $27,277,238Net Assets 2018: $6,067,5542018Assets 2018: $33,344,792Liabilities 2018: $27,277,238Net Assets 2018: $6,067,5542018Assets 2019: $33,579,613Liabilities 2019: $27,444,345Net Assets 2019: $6,135,2682019Assets 2020: $41,065,333Liabilities 2020: $31,660,350Net Assets 2020: $9,404,9832020Assets 2021: $42,129,547Liabilities 2021: $26,945,647Net Assets 2021: $15,183,9002021Assets 2022: $41,049,921Liabilities 2022: $20,567,704Net Assets 2022: $20,482,2172022Assets 2023: $63,615,474Liabilities 2023: $22,882,430Net Assets 2023: $40,733,0442023Assets 2024: $52,378,247Liabilities 2024: $12,157,127Net Assets 2024: $40,221,1202024

Highlighted filing

2018

Assets$33,344,792
Liabilities$27,277,238
Net Assets$6,067,554

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $2,628,3172010Expenses 2011: $2,287,8432011Expenses 2012: $2,813,2842012Expenses 2013: $3,526,2782013Revenue 2014: $4,829,806Expenses 2014: $3,706,081Net Income 2014: $1,123,7252014Revenue 2015: $4,572,240Expenses 2015: $4,326,487Net Income 2015: $245,7532015Revenue 2016: $4,262,970Expenses 2016: $4,876,141Net Income 2016: -$613,1712016Revenue 2017: $7,593,856Expenses 2017: $5,277,471Net Income 2017: $2,316,3852017Revenue 2018: $4,421,203Expenses 2018: $5,558,547Net Income 2018: -$1,137,3442018Revenue 2018: $4,421,203Expenses 2018: $5,558,547Net Income 2018: -$1,137,3442018Revenue 2019: $5,819,636Expenses 2019: $5,751,922Net Income 2019: $67,7142019Revenue 2020: $9,912,510Expenses 2020: $6,642,795Net Income 2020: $3,269,7152020Revenue 2021: $14,753,048Expenses 2021: $8,974,131Net Income 2021: $5,778,9172021Revenue 2022: $15,053,915Expenses 2022: $9,869,406Net Income 2022: $5,184,5092022Revenue 2023: $32,544,890Expenses 2023: $11,650,009Net Income 2023: $20,894,8812023Revenue 2024: $13,369,686Expenses 2024: $13,617,911Net Income 2024: -$248,2252024

Highlighted filing

2018

Revenue$4,421,203
Expenses$5,558,547
Net Income-$1,137,344
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 6, 2019
Return Version
2017v2.3
Gross Receipts
$4,584,148
Mission and Program Overview

Mission

Hacienda is a latino community development corporation that strengthens families by providing affordable housing, homeownership support, economic advancement, and educational opportunities.

The organization develops affordable housing and provides supportive services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,842,113$26,852,006▲ $3,009,893
Savings and Temporary Cash Investments$1,164,921$2,337,004▲ $1,172,083
Cash and Non-Interest-Bearing Accounts$2,665,511$815,380▼ $1,850,131
Intangible Assets$933,983$807,353▼ $126,630
Accounts Receivable$457,637$314,750▼ $142,887
Pledges and Grants Receivable$786,986$157,250▼ $629,736
Prepaid Expenses and Deferred Charges$78,013$47,522▼ $30,491
Total Assets$32,143,361$33,344,792▲ $1,201,431
Other Assets Total$2,214,197$2,013,527▼ $200,670
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,872,194$26,813,402▲ $2,941,208
Accounts Payable and Accrued Expenses$752,406$276,157▼ $476,249
Other Liabilities$104,062$122,371▲ $18,309
Deferred Revenue$209,801$65,308▼ $144,493
Total Liabilities$24,938,463$27,277,238▲ $2,338,775
Net Assets / Fund Balance
Unrestricted Net Assets$6,490,303$5,771,259▼ $719,044
Temporarily Rstr Net Assets$714,595$296,295▼ $418,300
Total Net Assets Fund Balance$7,204,898$6,067,554▼ $1,137,344
Total Liabilities and Net Assets / Fund Balance$32,143,361$33,344,792▲ $1,201,431

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,663,072$4,242,433$15,905,505
Leasehold Improvements$10,598,348$673,271$11,271,619
Land$3,432,701-$3,432,701
Equipment$435,037$407,726$842,763
Other Land Buildings$722,848-$722,848
Other Assets Org$82,972--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara Crowley-alexanderCFOFT$78,215$9,711$87,926
Ernesto FonsecaCEOFT$70,028$10,997$81,025

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Lmc INCConstruction19200 SW TETON AVENUE, Tualatin, OR 97062$2,129,311
Salazar Architect INCArchitecture3050 SW DIVISION STREET 240, Portland, OR 97202$156,229
Sunbridge Solar LLCSolar Panels1631 NE BROADWAY 320, Portland, OR 97232$123,437
Revenue and Support

Revenue Composition

Contributions and Grants
$2,336,214
Program Service Revenue
$2,075,986
Investment Income
$-132,457
Other Revenue
$141,460
All Other Contributions
$1,179,391
Change in Net Assets
$-1,137,344

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table396$25,350
Total Noncash Contributions396$25,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,353,936
Salaries, Compensation, and Employee Benefits$2,167,611
Total Fundraising Expense$71,410
Grants and Similar Amounts Paid$37,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,313,025$198,543$34,815$1,546,383
Depreciation Depletion$889,560$16,388-$905,948
Occupancy$558,604$19,165$1,715$579,484
Interest$377,077$123,299-$500,376
Other Employee Benefits$178,396$28,767$2,523$209,686
Current Officers, Directors, Trustees, and Key Employees$70,144$115,989$15,109$201,242
Payroll Taxes$145,663$37,089$6,080$188,832
Fees for Services Management$153,583--$153,583
Fees for Services Other$108,625$35,399$1,445$145,469
Insurance$66,923$9,144$447$76,514
Office Expenses$60,530$15,033$635$76,198
Fees for Services Accounting$10,555$45,455-$56,010
Advertising$38,994$15,830$891$55,715
Grants to Domestic Individuals$37,000--$37,000
Travel$26,160$10,599$20$36,779
Information Technology$19,817$8,643$596$29,056
Other Expenses$23,275$106$30$23,381
Pension Plan Contributions$18,157$2,869$442$21,468
Fees for Services Legal$13,976--$13,976
All Other Expenses$3,694$4,245-$7,939
Total Functional Expenses$4,771,813$715,324$71,410$5,558,547
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,040
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$85,820
Accrued Interest$36,551
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

In accordance with the by-laws, there is an executive finance committee that can act on behalf of the organization. This committee is made up of the officers of the board.

Form 990, Page 6, Part VI, Line 11B

When a draft is ready, the executive finance committee will review it in detail. Then the full board will be sent a copy (as adjusted, if applicable, consequent to the initial review) for review before submission to the irs.

Form 990, Page 6, Part VI, Line 12C

Board members are asked to review the policy annually and to disclose any conflicts of interest to the board for review.

Form 990, Page 6, Part VI, Line 15A

Compensation for the chief executive officer is set by the executive committee, and is based upon a review of compensation paid at other non- profit organizations. The board did an additional review in the current year in connection with its recruitment effortsto fill a vacancy in that position. Chief executive officer sets the salary for all other employees, generally based upon recommendations from the related supervisor and budgetary considerations.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Hacienda Community Development
EIN
93-0979064
Phone
5035952111
Address
6700 NE KILLINGSWORTH, PORTLAND, OR 97218

Signing Officer

Name
Barbara Crowley-alexander
Title
CFO
Phone
5035952111
Signed
2019-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernesto Fonseca
Formed
1988
Legal Domicile
Or
Voting Board Members
11
Independent Board Members
11
Employees
62
Volunteers
200

Preparer

Firm
Jones & Roth Pc
Address
PO BOX 10086, EUGENE, OR 97440
Preparer
Fritz S Duncan
Phone
5416872320
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The organization's presence as an affordable housing provider has provided stable homes for hundreds of families living in some of the most diverse and economically neglected areas of north and northeast portland and molalla, oregon. The core properties that hacienda manages are los jardines de la paz, villa de clara vista, villas de mariposas, villa de sueos, vista de rosas, plaza de cedros, clara vista townhomes, plaza los robles, and miraflores. The organization also owns and operates the baltazar ortiz community center, a commercial facility which houses a county health clinic and family resource center. The ortiz center places important multnomah county health and social service programs in the heart of an at-risk community, and helps many residents access the health care they need. The organization also developed and operates both the administrative office building and the portland mercado, a small business and food services incubator, public market and plaza. Hacienda manages the ortiz center and oversees and directs a third party property management company for the day-to-day management of the residential properties and the portland mercado.

Form 990, Page 2, Part III, Line 4B

A focal point of the program is the portland mercado, portland's first latino public market. Since its opening in 2015, the portland mercado has provided access to affordable retail spaces and a commercial kitchen for businesses participating in the communty economic development department's programs. The space serves 60+ food businesses each year, focusing on the foods of latin america and latino entrepreneurs. The portland mercado also hosts a variety of community, cultural and artistic events and performances. Dedicated to building bridges between cultures through food, art and entertainment, the portland mercado has quickly become a beloved cultural institution in the city.

Form 990, Page 2, Part III, Line 4C

Portland nios, an early childhood educational program serves latino children throughout multnomah county and uses the "parents as teachers" curriculum. The program aims to reduce the academic and health disparities in latino and immigrant children by providing support for families with children from birth to age five. Parents participate in bi-weekly parenting support groups, educational workshops, and bi-weekly home visits from hacienda's parent educators to monitor the child's health and development. Finally, the sun youth advocacy (sya) program places case managers in portland public schools to provide culturally appropriate support to at-risk latino middle-schoolers. Sya provides academic support and cultural enrichment opportunities to 100 youth annually.

Form 990, Page 2, Part III, Line 4D

Economic opportunity program: since 2006, economic opportunity program has formed a central piece of hacienda cdc's strategy to help families build and protect their assets. As a hud-approved housing counseling agency with a team of certified counselors, hacienda staff provide financial coaching and work with families 1-on-1 to assist them in making the best financial choices for their household. Our vision is inspired by the prospect of a community in which families can empower themselves to build financial assets, become financially literate, and position themselves for future prosperity. Client-focused financial coaching, intensive financial education courses and financial products and resources that meet clients where they are make our community a place everyone can call home. Hacienda cdc is a national affiliate and active member of the unidos us homeownership network, the largest family of community-based organizations working together to empower latino wealth-building through homeownership. Many of the services are offered free of charge and are available to all oregon residents. The economic opportunity group consists of three programs: camino a casa/pre-purchase, foreclosure prevention and financial capabilities. The camino a casa/pre-purchase program prepares prospective homebuyers for owning a first home. Clients work closely with financial coaches and hud- certified housing counselors throughout the entirety of the home-buying process. In addition to mortgage-readiness and financial fitness workshops, hacienda is able to provide a number of opportunities for down- payment assistance. The foreclosure prevenion program provides support to homeowners at risk of foreclosure. This is accomplished by means of a holistic and coaching- based approach in which possible solutions for home retention are identified and explored. These services are free of charge. The financial capabilities program is designed to help families and individuals reach their financial goals through an array of services offered by hacienda. The program takes a client-specific, coaching-based approach that puts the client's needs at the center of our work. This technique has been shown to substantially increase the number of participants successfully reaching their goals. The idea of financial capability goes beyond traditional financial education. It enables clients to build the necessary financial skills that lead to behavior change in addition to learning how to find and access high quality financial products and services.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization follows the provisions of fasb accounting standards codification (asc) topic 740 accounting for uncertainty in income taxes. Management has evaluated the organization's tax positions and concluded that there are no uncertain tax positions that require adjustment to the financial statements to comply with provisions of this topic.

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IRS990/Desc0AFFORDABLE HOUSING: HACIENDA'S AFFORDABLE HOUSING PROGRAM ENCOMPASSES BOTH HOUSING DEVELOPMENT AND ASSET MANAGEMENT ACTIVITIES. DEVELOPING AND MAINTAINING QUALITY, AFFORDABLE HOUSING IS AT THE CORE OF HACIENDA'S MISSION. HACIENDA'S BUILDINGS ARE MORE THAN JUST HOUSING, THEY ARE PLACES WHERE FAMILIES CAN LIVE AND THRIVE IN SAFE, SUPPORTIVE, COMMUNITY-CENTERED ENVIRONMENTS. ONE- TO FOUR- BEDROOM TOWNHOMES AND APARTMENTS ARE BUILT AROUND COMMUNITY CENTERS, GARDENS, AND PLAYGROUNDS. RESIDENT YOUTH AND ADULTS HAVE ACCESS TO ON-SITE EDUCATIONAL AND ASSET BUILDING PROGRAMS DESIGNED TO STRENGTHEN THE ECONOMIC, PHYSICAL, AND EMOTIONAL HEALTH OF FAMILIES. CONTINUED ON SCHEDULE O. THE ORGANIZATION'S PRESENCE AS AN AFFORDABLE HOUSING PROVIDER HAS PROVIDED STABLE HOMES FOR HUNDREDS OF FAMILIES LIVING IN SOME OF THE MOST DIVERSE AND ECONOMICALLY NEGLECTED AREAS OF NORTH AND NORTHEAST PORTLAND AND MOLALLA, OREGON. THE CORE PROPERTIES THAT HACIENDA MANAGES ARE LOS JARDINES DE LA PAZ, VILLA DE CLARA VISTA, VILLAS DE MARIPOSAS, VILLA DE SUEOS, VISTA DE ROSAS, PLAZA DE CEDROS, CLARA VISTA TOWNHOMES, PLAZA LOS ROBLES, AND MIRAFLORES. THE ORGANIZATION ALSO OWNS AND OPERATES THE BALTAZAR ORTIZ COMMUNITY CENTER, A COMMERCIAL FACILITY WHICH HOUSES A COUNTY HEALTH CLINIC AND FAMILY RESOURCE CENTER. THE ORTIZ CENTER PLACES IMPORTANT MULTNOMAH COUNTY HEALTH AND SOCIAL SERVICE PROGRAMS IN THE HEART OF AN AT-RISK COMMUNITY, AND HELPS MANY RESIDENTS ACCESS THE HEALTH CARE THEY NEED. THE ORGANIZATION ALSO DEVELOPED AND OPERATES BOTH THE ADMINISTRATIVE OFFICE BUILDING AND THE PORTLAND MERCADO, A SMALL BUSINESS AND FOOD SERVICES INCUBATOR, PUBLIC MARKET AND PLAZA. HACIENDA MANAGES THE ORTIZ CENTER AND OVERSEES AND DIRECTS A THIRD PARTY PROPERTY MANAGEMENT COMPANY FOR THE DAY-TO-DAY MANAGEMENT OF THE RESIDENTIAL PROPERTIES AND THE PORTLAND MERCADO.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER UNTIL
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IRS990/MissionDesc0HACIENDA IS A LATINO COMMUNITY DEVELOPMENT CORPORATION THAT STRENGTHENS FAMILIES BY PROVIDING AFFORDABLE HOUSING, HOMEOWNERSHIP SUPPORT, ECONOMIC ADVANCEMENT, AND EDUCATIONAL OPPORTUNITIES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY ECONOMIC DEVELOPMENT: THE COMMUNITY ECONOMIC DEVELOPMENT PROGRAM GIVES CURRENT AND ASPIRING ENTREPRENEURS THE TOOLS THEY NEED TO LAUNCH OR EXPAND THEIR BUSINESSES. WORKING IN GROUP CLASSES AND ONE-ON-ONE WITH EXPERIENCED COACHES, BUSINESS OWNERS LEARN NEW SKILLS AND CONNECT WITH INDUSTRY EXPERTS TO HELP THEM ON THEIR PATH TO SUCCESS. CLASSES AND COACHING ARE OFFERED IN BOTH ENGLISH AND SPANISH, AND THE PROGRAM SERVES PRIMARILY LOW-INCOME ENTREPRENEURS OF COLOR. CONTINUED ON SCHEDULE O. A FOCAL POINT OF THE PROGRAM IS THE PORTLAND MERCADO, PORTLAND'S FIRST LATINO PUBLIC MARKET. SINCE ITS OPENING IN 2015, THE PORTLAND MERCADO HAS PROVIDED ACCESS TO AFFORDABLE RETAIL SPACES AND A COMMERCIAL KITCHEN FOR BUSINESSES PARTICIPATING IN THE COMMUNTY ECONOMIC DEVELOPMENT DEPARTMENT'S PROGRAMS. THE SPACE SERVES 60+ FOOD BUSINESSES EACH YEAR, FOCUSING ON THE FOODS OF LATIN AMERICA AND LATINO ENTREPRENEURS. THE PORTLAND MERCADO ALSO HOSTS A VARIETY OF COMMUNITY, CULTURAL AND ARTISTIC EVENTS AND PERFORMANCES. DEDICATED TO BUILDING BRIDGES BETWEEN CULTURES THROUGH FOOD, ART AND ENTERTAINMENT, THE PORTLAND MERCADO HAS QUICKLY BECOME A BELOVED CULTURAL INSTITUTION IN THE CITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0876326
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0548567
IRS990/ProgSrvcAccomActy3Grp/Desc0YOUTH AND FAMILY SUPPORT SERVICES: HACIENDA'S YOUTH AND FAMILY SUPPORT PROGRAMS FOCUS ON PROVIDING EDUCATIONAL AND SOCIAL SUPPORT TO CHILDREN AND PARENTS. OUR PROGRAMS PROMOTE HEALTHY AND VIBRANT PARENT-CHILD RELATIONSHIPS, HELPING CHILDREN REACH THEIR FULL POTENTIAL AND GIVING PARENTS THE TOOLS TO SUPPORT THEIR CHILD'S EDUCATIONAL AND EMOTIONAL DEVELOPMENT. HACIENDA'S BILINGUAL AND BICULTURAL STAFF TOGETHER WITH OTHER CULTURALLY SPECIFIC COMMUNITY PARTNERS ADMINISTER ALL YOUTH AND FAMILY SUPPORT PROGRAMS. EXPRESIONES, THE ORGANIZATION'S AFTERSCHOOL PROGRAM, SERVES RESIDENTS IN KINDERGARTEN THROUGH 9TH GRADE, WITH BILINGUAL ACADEMIC SUPPORT, CULTURALLY SPECIFIC ENRICHMENT ACTIVITIES, SUMMER PROGRAMMING AND PARENTAL INVOLVEMENT ACTIVITIES. CONTINUED ON SCHEDULE O. PORTLAND NIOS, AN EARLY CHILDHOOD EDUCATIONAL PROGRAM SERVES LATINO CHILDREN THROUGHOUT MULTNOMAH COUNTY AND USES THE "PARENTS AS TEACHERS" CURRICULUM. THE PROGRAM AIMS TO REDUCE THE ACADEMIC AND HEALTH DISPARITIES IN LATINO AND IMMIGRANT CHILDREN BY PROVIDING SUPPORT FOR FAMILIES WITH CHILDREN FROM BIRTH TO AGE FIVE. PARENTS PARTICIPATE IN BI-WEEKLY PARENTING SUPPORT GROUPS, EDUCATIONAL WORKSHOPS, AND BI-WEEKLY HOME VISITS FROM HACIENDA'S PARENT EDUCATORS TO MONITOR THE CHILD'S HEALTH AND DEVELOPMENT. FINALLY, THE SUN YOUTH ADVOCACY (SYA) PROGRAM PLACES CASE MANAGERS IN PORTLAND PUBLIC SCHOOLS TO PROVIDE CULTURALLY APPROPRIATE SUPPORT TO AT-RISK LATINO MIDDLE-SCHOOLERS. SYA PROVIDES ACADEMIC SUPPORT AND CULTURAL ENRICHMENT OPPORTUNITIES TO 100 YOUTH ANNUALLY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0790834
IRS990/ProgSrvcAccomActy3Grp/GrantAmt022487
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0808321
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ECONOMIC OPPORTUNITY PROGRAM: SINCE 2006, ECONOMIC OPPORTUNITY PROGRAM HAS FORMED A CENTRAL PIECE OF HACIENDA CDC'S STRATEGY TO HELP FAMILIES BUILD AND PROTECT THEIR ASSETS. AS A HUD-APPROVED HOUSING COUNSELING AGENCY WITH A TEAM OF CERTIFIED COUNSELORS, HACIENDA STAFF PROVIDE FINANCIAL COACHING AND WORK WITH FAMILIES 1-ON-1 TO ASSIST THEM IN MAKING THE BEST FINANCIAL CHOICES FOR THEIR HOUSEHOLD. OUR VISION IS INSPIRED BY THE PROSPECT OF A COMMUNITY IN WHICH FAMILIES CAN EMPOWER THEMSELVES TO BUILD FINANCIAL ASSETS, BECOME FINANCIALLY LITERATE, AND POSITION THEMSELVES FOR FUTURE PROSPERITY. CLIENT-FOCUSED FINANCIAL COACHING, INTENSIVE FINANCIAL EDUCATION COURSES AND FINANCIAL PRODUCTS AND RESOURCES THAT MEET CLIENTS WHERE THEY ARE MAKE OUR COMMUNITY A PLACE EVERYONE CAN CALL HOME. HACIENDA CDC IS A NATIONAL AFFILIATE AND ACTIVE MEMBER OF THE UNIDOS US HOMEOWNERSHIP NETWORK, THE LARGEST FAMILY OF COMMUNITY-BASED ORGANIZATIONS WORKING TOGETHER TO EMPOWER LATINO WEALTH-BUILDING THROUGH HOMEOWNERSHIP. MANY OF THE SERVICES ARE OFFERED FREE OF CHARGE AND ARE AVAILABLE TO ALL OREGON RESIDENTS. THE ECONOMIC OPPORTUNITY GROUP CONSISTS OF THREE PROGRAMS: CAMINO A CASA/PRE-PURCHASE, FORECLOSURE PREVENTION AND FINANCIAL CAPABILITIES. THE CAMINO A CASA/PRE-PURCHASE PROGRAM PREPARES PROSPECTIVE HOMEBUYERS FOR OWNING A FIRST HOME. CLIENTS WORK CLOSELY WITH FINANCIAL COACHES AND HUD- CERTIFIED HOUSING COUNSELORS THROUGHOUT THE ENTIRETY OF THE HOME-BUYING PROCESS. IN ADDITION TO MORTGAGE-READINESS AND FINANCIAL FITNESS WORKSHOPS, HACIENDA IS ABLE TO PROVIDE A NUMBER OF OPPORTUNITIES FOR DOWN- PAYMENT ASSISTANCE. THE FORECLOSURE PREVENION PROGRAM PROVIDES SUPPORT TO HOMEOWNERS AT RISK OF FORECLOSURE. THIS IS ACCOMPLISHED BY MEANS OF A HOLISTIC AND COACHING- BASED APPROACH IN WHICH POSSIBLE SOLUTIONS FOR HOME RETENTION ARE IDENTIFIED AND EXPLORED. THESE SERVICES ARE FREE OF CHARGE. THE FINANCIAL CAPABILITIES PROGRAM IS DESIGNED TO HELP FAMILIES AND INDIVIDUALS REACH THEIR FINANCIAL GOALS THROUGH AN ARRAY OF SERVICES OFFERED BY HACIENDA. THE PROGRAM TAKES A CLIENT-SPECIFIC, COACHING-BASED APPROACH THAT PUTS THE CLIENT'S NEEDS AT THE CENTER OF OUR WORK. THIS TECHNIQUE HAS BEEN SHOWN TO SUBSTANTIALLY INCREASE THE NUMBER OF PARTICIPANTS SUCCESSFULLY REACHING THEIR GOALS. THE IDEA OF FINANCIAL CAPABILITY GOES BEYOND TRADITIONAL FINANCIAL EDUCATION. IT ENABLES CLIENTS TO BUILD THE NECESSARY FINANCIAL SKILLS THAT LEAD TO BEHAVIOR CHANGE IN ADDITION TO LEARNING HOW TO FIND AND ACCESS HIGH QUALITY FINANCIAL PRODUCTS AND SERVICES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02630352

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.4$12.2$40.2$13.4$13.6$0.25
2023Summary only. Only limited summary data is available for this year.$63.6$22.9$40.7$32.5$11.7$20.9
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.0$20.6$20.5$15.1$9.87$5.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.1$26.9$15.2$14.8$8.97$5.78
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.1$31.7$9.40$9.91$6.64$3.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.6$27.4$6.14$5.82$5.75$0.07
2018Detailed filing. Detailed filing data is available for this year.$33.3$27.3$6.07$4.42$5.56$1.14
2018Summary only. Only limited summary data is available for this year.$33.3$27.3$6.07$4.42$5.56$1.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.1$24.9$7.20$7.59$5.28$2.32
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$22.9$4.89$4.26$4.88$0.61
2015Detailed filing. Detailed filing data is available for this year.$28.7$23.7$5.04$4.57$4.33$0.25
2014Detailed filing. Detailed filing data is available for this year.$21.4$9.06$12.4$4.83$3.71$1.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$8.55$9.90$3.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$8.67$9.81$2.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$4.43$9.78$2.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$13.8$5.58$2.63