Civic Intelligence

Hacienda Community Development Corporation

990 • Fiscal year 2020 • EIN 93-0979064

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

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

85th percentile

0.77x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

3.19x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

22nd percentile

$147,557

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

77th percentile

22%

Faster asset growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

70%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$41,065,333

Up $7,485,720 (+22%) from 2019

Net Assets

Up

$9,404,983

Up $3,269,715 (+53%) from 2019

Liabilities

Up

$31,660,350

Up $4,216,005 (+15%) from 2019

Revenue

Up

$9,912,510

Up $4,092,874 (+70%) from 2019

Expenses

Up

$6,642,795

Up $890,873 (+15%) from 2019

Net Income

Up

$3,269,715

Up $3,202,001 (+4729%) from 2019

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 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

2020

Assets$41,065,333
Liabilities$31,660,350
Net Assets$9,404,983

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 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

2020

Revenue$9,912,510
Expenses$6,642,795
Net Income$3,269,715
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.0
Gross Receipts
$10,047,880
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$26,619,659$30,253,754▲ $3,634,095
Savings and Temporary Cash Investments$2,272,250$4,146,114▲ $1,873,864
Investments in Publicly Traded Securities-$2,981,510-
Intangible Assets$736,051$675,234▼ $60,817
Cash and Non-Interest-Bearing Accounts$1,244,871$602,303▼ $642,568
Accounts Receivable$299,030$457,928▲ $158,898
Pledges and Grants Receivable$387,610$345,000▼ $42,610
Prepaid Expenses and Deferred Charges$75,315$35,847▼ $39,468
Total Assets$33,579,613$41,065,333▲ $7,485,720
Other Assets Total$1,944,827$1,567,643▼ $377,184
Liabilities
Mortgage Notes Payable Secured by Investment Property$26,927,255$30,395,596▲ $3,468,341
Accounts Payable and Accrued Expenses$358,523$652,569▲ $294,046
Deferred Revenue$37,998$365,640▲ $327,642
Other Liabilities$120,569$246,545▲ $125,976
Total Liabilities$27,444,345$31,660,350▲ $4,216,005
Net Assets / Fund Balance
Net Assets With Donor Restrictions$664,680$4,815,247▲ $4,150,567
Net Assets Without Donor Restrictions$5,470,588$4,589,736▼ $880,852
Total Net Assets Fund Balance$6,135,268$9,404,983▲ $3,269,715
Total Liabilities and Net Assets / Fund Balance$33,579,613$41,065,333▲ $7,485,720

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,126,774$4,840,627$16,967,401
Leasehold Improvements$10,130,879$1,384,673$11,515,552
Other Land Buildings$5,456,158$6,000$5,462,158
Land$2,515,066-$2,515,066
Equipment$24,877$817,886$842,763
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ernesto FonsecaCEOFT$128,965$18,592$147,557
Barbara Crowley-alexanderCFOFT$96,755$6,282$103,037

Board Members and Trustees

NameTitle
Peter PlattChair
Javier AlomiaVice Chair
Ana AlvaradoMember
Jair LazaroMember
John CardenasMember
Maria OrdonezMember
Stacie MartinMember
Angela MartinSecretary
Don KroghTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lmc INCConstruction19200 SW TETON AVENUE, Tualatin, OR 97062$135,076
Salazar Architect INCArchitecture3050 SW DIVISION STREET 240, Portland, OR 97202$107,203
Cascadia CollectiveProperty Mgmt1219 SE RHINE STREET, Portland, OR 97202$103,374
Revenue and Support

Revenue Composition

Contributions and Grants
$7,235,455
Program Service Revenue
$2,696,643
Investment Income
$59,727
Other Revenue
$-79,315
All Other Contributions
$5,385,894
Change in Net Assets
$3,269,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,937,080
Salaries, Compensation, and Employee Benefits$2,680,715
Total Fundraising Expense$175,321
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,537,329$342,392$89,329$1,969,050
Depreciation Depletion$945,397$13,311-$958,708
Occupancy$654,239$24,745$6,425$685,409
Interest$408,998$114,259-$523,257
Fees for Services Other$177,094$91,218$5,448$273,760
Current Officers, Directors, Trustees, and Key Employees$71,036$162,261$25,204$258,501
Other Employee Benefits$176,710$36,729$3,755$217,194
Payroll Taxes$150,001$44,671$10,088$204,760
Fees for Services Management$172,844--$172,844
Insurance$76,106$26,395$739$103,240
Office Expenses$64,261$19,288$621$84,170
Fees for Services Accounting$7,300$59,925-$67,225
Information Technology$29,662$15,830-$45,492
Other Expenses$16,660$25,616$25,128$41,788
All Other Expenses$33,343-$550$33,893
Pension Plan Contributions$25,483$4,695$1,032$31,210
Travel$18,587$7,189$2,611$28,387
Advertising$19,570$4,678$185$24,433
Grants to Domestic Orgs$20,000--$20,000
Grants to Domestic Individuals$5,000--$5,000
Fees for Services Legal$287$150-$437
Total Functional Expenses$5,448,778$1,018,696$175,321$6,642,795
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dolores Huerta FoundationBakersfield, CA501c3Organization Support$20,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$135,370
Fundraising Gross Income$56,055
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Black Tie Ball$228,733$56,055$80,354$-24,299
Total Events$228,733$56,055$135,370$-79,315
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$129,114
Accrued Interest$67,431
Line of Credit$50,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 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. Chief executive officer approves the salary for all other employees, generally based upon recommendations from senior leaderhip and the related supervisor, competitive salaries, 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
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernesto Fonseca
Formed
1988
Legal Domicile
Or
Voting Board Members
9
Independent Board Members
9
Employees
53
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

'affordable 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. 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, casa de alma, and miraflores. Hacienda cdc is the general partner in los jardines de la paz, villas de mariposas, clara vista townhomes 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. Hacienda 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

Community 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. 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

Youth 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. 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 biweekly 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. Clientfocused 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, thelargest 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/prepurchase, 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 prevention 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, coachingbased 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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IRS990/Desc0'AFFORDABLE 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. 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, CASA DE ALMA, AND MIRAFLORES. HACIENDA CDC IS THE GENERAL PARTNER IN LOS JARDINES DE LA PAZ, VILLAS DE MARIPOSAS, CLARA VISTA TOWNHOMES 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. HACIENDA 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/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. 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.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0313012
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. 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 BIWEEKLY 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/ExpenseAmt0892747
IRS990/ProgSrvcAccomActy3Grp/GrantAmt05000
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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. CLIENTFOCUSED 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, THELARGEST 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/PREPURCHASE, 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 PREVENTION 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, COACHINGBASED 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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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
2020Detailed filing. Detailed filing data is available for this year.$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
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
Peer Organizations

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