Civic Intelligence

Polk Community Development Corporation

990 • Fiscal year 2022 • EIN 93-1012211

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 04, 2023

Organization ProfileWWW.POLKCDC.ORG
PO Box 33Dallas, OR 97338

(503) 831-3173

Siviq Scores

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

Liabilities / Assets

60th percentile

0.27x

Higher debt load relative to assets than 60% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

1.13x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

23rd percentile

$103,149

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$22,075,845

Up $3,384,365 (+18%) from 2021

Net Assets

Up

$16,067,963

Up $2,297,175 (+17%) from 2021

Liabilities

Up

$6,007,882

Up $1,087,190 (+22%) from 2021

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin86th percentile

Revenue

Up

$5,307,917

Up $1,245,269 (+31%) from 2021

Expenses

Up

$3,010,742

Up $321,976 (+12%) from 2021

Net Income

Up

$2,297,175

Up $923,293 (+67%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$40M$30M$20M$10M$0Assets 2011: $8,793,970Liabilities 2011: $1,980,109Net Assets 2011: $6,813,8612011Assets 2012: $9,308,794Liabilities 2012: $1,910,907Net Assets 2012: $7,397,8872012Assets 2013: $10,282,048Liabilities 2013: $2,476,347Net Assets 2013: $7,805,7012013Assets 2014: $10,132,269Liabilities 2014: $1,839,123Net Assets 2014: $8,293,1462014Assets 2015: $10,920,729Liabilities 2015: $1,940,704Net Assets 2015: $8,980,0252015Assets 2016: $12,083,926Liabilities 2016: $1,881,067Net Assets 2016: $10,202,8592016Assets 2017: $13,480,425Liabilities 2017: $1,751,923Net Assets 2017: $11,728,5022017Assets 2018: $15,724,238Liabilities 2018: $3,656,057Net Assets 2018: $12,068,1812018Assets 2019: $17,162,727Liabilities 2019: $4,368,742Net Assets 2019: $12,793,9852019Assets 2020: $17,612,899Liabilities 2020: $5,215,993Net Assets 2020: $12,396,9062020Assets 2021: $18,691,480Liabilities 2021: $4,920,692Net Assets 2021: $13,770,7882021Assets 2022: $22,075,845Liabilities 2022: $6,007,882Net Assets 2022: $16,067,9632022Assets 2023: $24,286,714Liabilities 2023: $8,425,656Net Assets 2023: $15,861,0582023Assets 2024: $25,890,649Liabilities 2024: $9,963,452Net Assets 2024: $15,927,1972024Assets 2025: $32,672,994Liabilities 2025: $10,602,505Net Assets 2025: $22,070,4892025

Highlighted filing

2022

Assets$22,075,845
Liabilities$6,007,882
Net Assets$16,067,963
Open 2022 Filing

Operations Trend

Revenue Growth79th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,305,047Expenses 2011: $982,813Net Income 2011: $322,2342011Revenue 2012: $1,614,857Expenses 2012: $1,030,831Net Income 2012: $584,0262012Expenses 2013: $1,105,7432013Revenue 2014: $1,730,766Expenses 2014: $1,243,321Net Income 2014: $487,4452014Revenue 2015: $1,999,742Expenses 2015: $1,312,863Net Income 2015: $686,8792015Revenue 2016: $2,571,000Expenses 2016: $1,348,166Net Income 2016: $1,222,8342016Revenue 2017: $3,087,383Expenses 2017: $1,561,740Net Income 2017: $1,525,6432017Revenue 2018: $1,991,863Expenses 2018: $1,652,184Net Income 2018: $339,6792018Revenue 2019: $2,599,833Expenses 2019: $1,874,029Net Income 2019: $725,8042019Revenue 2020: $1,898,970Expenses 2020: $2,296,049Net Income 2020: -$397,0792020Revenue 2021: $4,062,648Expenses 2021: $2,688,766Net Income 2021: $1,373,8822021Revenue 2022: $5,307,917Expenses 2022: $3,010,742Net Income 2022: $2,297,1752022Revenue 2023: $3,545,955Expenses 2023: $3,752,860Net Income 2023: -$206,9052023Revenue 2024: $4,205,167Expenses 2024: $4,139,028Net Income 2024: $66,1392024Revenue 2025: $10,820,788Expenses 2025: $4,677,496Net Income 2025: $6,143,2922025

Highlighted filing

2022

Revenue$5,307,917
Expenses$3,010,742
Net Income$2,297,175
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 4, 2023
Return Version
2021v4.0
Gross Receipts
$5,307,917
Mission and Program Overview

Mission

Serving the needs of low and moderate income people through community economic development activities including the development and management of affordable rental housing, first time home ownership, and community self- help activities within polk county, oregon, and to carry out such activities and business as may be authorized for a corporation organized under the oregon nonprofit corporation act and as a corporation exempt from federal income tax under section 501(c)(3).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,185,587$18,951,637▲ $3,766,050
Savings and Temporary Cash Investments$995,152$1,306,724▲ $311,572
Cash and Non-Interest-Bearing Accounts$540,634$784,456▲ $243,822
Other Notes and Loans Receivable, Net$1,353,289$541,227▼ $812,062
Pledges and Grants Receivable$177,344$231,145▲ $53,801
Investments Program Related$146,137--
Prepaid Expenses and Deferred Charges$20,602$95,884▲ $75,282
Accounts Receivable$183,753$42,845▼ $140,908
Total Assets$18,691,480$22,075,845▲ $3,384,365
Other Assets Total$88,982$121,927▲ $32,945
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,015,821$4,981,316▲ $965,495
Other Liabilities$579,071$703,263▲ $124,192
Accounts Payable and Accrued Expenses$325,077$319,325▼ $5,752
Deferred Revenue$723$3,978▲ $3,255
Total Liabilities$4,920,692$6,007,882▲ $1,087,190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,693,669$14,004,785▲ $2,311,116
Net Assets With Donor Restrictions$2,077,119$2,063,178▼ $13,941
Total Net Assets Fund Balance$13,770,788$16,067,963▲ $2,297,175
Total Liabilities and Net Assets / Fund Balance$18,691,480$22,075,845▲ $3,384,365

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,573,270$12,157,989$28,731,259
Land$2,348,930-$2,348,930
Equipment$29,437$477,685$507,122
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rita a GradyExecutive DiFT$103,149$103,149

Board Members and Trustees

NameTitle
Amy HoughtalingPresident
Alea LittletonDirector
Jenn PangburnDirector
Jeremy GordonDirector
Kate Cooper RichardsonDirector
Zellee AllenDirector
Stephanie TorresSecretary
Linda JenningsTreasurer
Lane ShetterlyVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
I & E ConstructionConstruction27375 SW PARKWAY AVE, Wilsonville, OR 97070$1,232,137
Bda Architecture & Planning PCArchitect1369 OLIVE ST, Eugene, OR 97401$185,113
Revenue and Support

Revenue Composition

Contributions and Grants
$3,813,955
Program Service Revenue
$1,462,147
Investment Income
$31,815
Other Revenue
$0
All Other Contributions
$1,349,069
Change in Net Assets
$2,297,175

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 AmountValuation Method
Secur Prtnrshp Trust Intrsts1$1,315,759Book Value
Total Noncash Contributions1$1,315,759-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,307,917
Total Revenue per Audited Statements
$5,307,917
Total Revenue per Form 990
$5,307,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,858,710
Salaries, Compensation, and Employee Benefits$874,886
Grants and Similar Amounts Paid$277,146
Total Fundraising Expense$129,260
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$863,729--$863,729
Other Salaries and Wages$363,479$236,329$47,371$647,179
Grants to Domestic Individuals$264,646--$264,646
Office Expenses$36,896$84,775-$121,671
Interest$112,991$7,331-$120,322
Current Officers, Directors, Trustees, and Key Employees$32,004$10,668$64,008$106,680
Insurance$90,090$1,178-$91,268
Payroll Taxes$33,186$19,640$8,858$61,684
Information Technology$15,618$35,875-$51,493
Other Employee Benefits$24,405$16,521$7,448$48,374
Fees for Services Accounting$741$39,759-$40,500
Other Expenses$25,426$4,184-$29,610
Grants to Domestic Orgs$12,500--$12,500
Pension Plan Contributions$5,901$3,493$1,575$10,969
Travel$2,772$6,367-$9,139
Fees for Services Legal$49$2,694-$2,743
Fees for Services Other-$2,548-$2,548
All Other Expenses$768$-17,901-$-17,133
Total Functional Expenses$2,398,536$482,946$129,260$3,010,742

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,010,742
Total Expenses per Audited Statements$3,010,742
Total Expenses per Form 990$3,010,742
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sugar Sugar LLCSalem, OR-Pandemic Relief$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Revolving Fund$580,346
Tenant Security Deposits$122,917
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
Yes
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

“The form 990 is reviewed by the finance department and the executive director. A copy is provided to the board prior to filing.”

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

“Any actions by the board of directors require the board to disclose conflicts of interest. If a conflict the board member is excluded from participating any vote regarding that action.”

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

“Compensation for the executive director is established and periodically reviewed by the board of directors.”

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

“Officers other than the executive director serve as volunteers without compensation. Other employee compensation is determined using comparable data from other similar organizations and approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public at the organizations offices upon request.”

Filing and Contact Details

Filer

Filer Name
Polk Cdc
EIN
93-1012211
Phone
5038313173
Address
PO BOX 33, DALLAS, OR 97338

Signing Officer

Name
Rita a Grady
Title
Executive Director
Phone
5038313173
Signed
2023-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rita a Grady
Formed
1989
Legal Domicile
Or
Voting Board Members
9
Independent Board Members
9
Employees
25
Volunteers
9

Preparer

Firm
Finney Neill & Company Ps
Address
9757 GREENWOOD AVE N, SEATTLE, WA 98103
Preparer
Joshua J Breiling CPA
Phone
2062989811
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Serving the needs of low and moderate income people through community economic development activities including the development and management of affordable rental housing, first time home ownership, and community self- help activities within polk county, oregon, and to carry out such activities and business as may be authorized for a corporation organized under the oregon nonprofit corporation act and as a corporation exempt from federal income tax under section 501(c)(3).”

Financial Statement Notes

Schedule D, Page 3, Part X

“The corporation accounts for tax positions in accordance with fasb accounting standards codification topic 740, income taxes. With few exceptions, the corporation is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed the corporation's tax positions and determined there were no uncertain tax positions as of june 30, 2022 and 2021”

Raw XML AppendixShowing 400 of 649 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0325077
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0319325
IRS990/AccountsReceivableGrp/BOYAmt0183753
IRS990/AccountsReceivableGrp/EOYAmt042845
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SERVING THE NEEDS OF LOW AND MODERATE INCOME PEOPLE THROUGH COMMUNITY ECONOMIC DEVELOPMENT ACTIVITIES INCLUDING THE DEVELOPMENT AND MANAGEMENT OF AFFORDABLE RENTAL HOUSING, FIRST TIME HOME OWNERSHIP, AND COMMUNITY SELF- HELP ACTIVITIES WITHIN POLK COUNTY, OREGON, AND TO CARRY OUT SUCH ACTIVITIES AND BUSINESS AS MAY BE AUTHORIZED FOR A CORPORATION ORGANIZED UNDER THE OREGON NONPROFIT CORPORATION ACT AND AS A CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3).
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt01349069
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-17901
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0768
IRS990/AllOtherExpensesGrp/TotalAmt0-17133
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0RITA GRADY
IRS990/BooksInCareOfDetail/PhoneNum05038313173
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 33
IRS990/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097338
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0540634
IRS990/CashNonInterestBearingGrp/EOYAmt0784456
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt064008
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt010668
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt032004
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0106680
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt01232137
IRS990/ContractorCompensationGrp/CompensationAmt1185113
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt027375 SW PARKWAY AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11369 OLIVE ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WILSONVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1EUGENE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd097070
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd197401
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0I & E CONSTRUCTION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1BDA ARCHITECTURE & PLANNING PC
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc1ARCHITECT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03813955
IRS990/CYGrantsAndSimilarPaidAmt0277146
IRS990/CYInvestmentIncomeAmt031815
IRS990/CYOtherExpensesAmt01858710
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01462147
IRS990/CYRevenuesLessExpensesAmt02297175
IRS990/CYSalariesCompEmpBnftPaidAmt0874886
IRS990/CYTotalExpensesAmt03010742
IRS990/CYTotalFundraisingExpenseAmt0129260
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05307917
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0723
IRS990/DeferredRevenueGrp/EOYAmt03978
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0863729
IRS990/DepreciationDepletionGrp/TotalAmt0863729
IRS990/Desc0TO DEVELOP, OPERATE AND PROVIDE SAFE, QUALITY, AND AFFORDABLE HOUSING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02077119
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02063178
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt025
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02398536
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt039759
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0741
IRS990/FeesForServicesAccountingGrp/TotalAmt040500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02694
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt049
IRS990/FeesForServicesLegalGrp/TotalAmt02743
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02548
IRS990/FeesForServicesOtherGrp/TotalAmt02548
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0RITA A GRADY
IRS990/Form990PartVIISectionAGrp/PersonNm1AMY HOUGHTALING
IRS990/Form990PartVIISectionAGrp/PersonNm2LANE SHETTERLY
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm4STEPHANIE TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm5ZELLEE ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm6ALEA LITTLETON
IRS990/Form990PartVIISectionAGrp/PersonNm7JEREMY GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm8KATE COOPER RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm9JENN PANGBURN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0103149
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt02464886
IRS990/GrantAmt0277146
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0264646
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0264646
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt012500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt012500
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05307917
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt035875
IRS990/InformationTechnologyGrp/ProgramServicesAmt015618
IRS990/InformationTechnologyGrp/TotalAmt051493
IRS990/InsuranceGrp/ManagementAndGeneralAmt01178
IRS990/InsuranceGrp/ProgramServicesAmt090090
IRS990/InsuranceGrp/TotalAmt091268
IRS990/InterestGrp/ManagementAndGeneralAmt07331
IRS990/InterestGrp/ProgramServicesAmt0112991
IRS990/InterestGrp/TotalAmt0120322
IRS990/InvestmentIncomeGrp/ExclusionAmt0397
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt031418
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031815
IRS990/InvestmentInJointVentureInd0true
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0146137
IRS990/IRPDocumentCnt034
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012635674
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015185587
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018951637
IRS990/LandBldgEquipCostOrOtherBssAmt031587311
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SERVING THE NEEDS OF LOW AND MODERATE INCOME PEOPLE THROUGH COMMUNITY ECONOMIC DEVELOPMENT ACTIVITIES INCLUDING THE DEVELOPMENT AND MANAGEMENT OF AFFORDABLE RENTAL HOUSING, FIRST TIME HOME OWNERSHIP, AND COMMUNITY SELF- HELP ACTIVITIES WITHIN POLK COUNTY, OREGON, AND TO CARRY OUT SUCH ACTIVITIES AND BUSINESS AS MAY BE AUTHORIZED FOR A CORPORATION ORGANIZED UNDER THE OREGON NONPROFIT CORPORATION ACT AND AS A CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04015821
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04981316
IRS990/NetAssetsOrFundBalancesBOYAmt013770788
IRS990/NetAssetsOrFundBalancesEOYAmt016067963
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011693669
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014004785
IRS990/NoncashContributionsAmt01315759
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt084775
IRS990/OfficeExpensesGrp/ProgramServicesAmt036896
IRS990/OfficeExpensesGrp/TotalAmt0121671
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt088982
IRS990/OtherAssetsTotalGrp/EOYAmt0121927
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07448
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016521
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024405
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048374
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3PROPERTY MGT & REIMB
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02808
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt125554
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21123
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34184
IRS990/OtherExpensesGrp/ProgramServicesAmt0220062
IRS990/OtherExpensesGrp/ProgramServicesAmt1183194
IRS990/OtherExpensesGrp/ProgramServicesAmt2110079
IRS990/OtherExpensesGrp/ProgramServicesAmt325426
IRS990/OtherExpensesGrp/TotalAmt0222870
IRS990/OtherExpensesGrp/TotalAmt1208748
IRS990/OtherExpensesGrp/TotalAmt2111202
IRS990/OtherExpensesGrp/TotalAmt329610
IRS990/OtherLiabilitiesGrp/BOYAmt0579071
IRS990/OtherLiabilitiesGrp/EOYAmt0703263
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt047371
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0236329
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0363479
IRS990/OtherSalariesAndWagesGrp/TotalAmt0647179
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01353289
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0541227
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt08858
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019640
IRS990/PayrollTaxesGrp/ProgramServicesAmt033186
IRS990/PayrollTaxesGrp/TotalAmt061684
IRS990/PensionPlanContributionsGrp/FundraisingAmt01575
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03493
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05901
IRS990/PensionPlanContributionsGrp/TotalAmt010969
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0177344
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0231145
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020602
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt095884
IRS990/PrincipalOfficerNm0RITA A GRADY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01406069
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt144225
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28573
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01406069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt144225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28573
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33280
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02432395
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0387936
IRS990/PYInvestmentIncomeAmt0342594
IRS990/PYOtherExpensesAmt01548734
IRS990/PYProgramServiceRevenueAmt01287659
IRS990/PYRevenuesLessExpensesAmt01373882
IRS990/PYSalariesCompEmpBnftPaidAmt0752096
IRS990/PYTotalExpensesAmt02688766
IRS990/PYTotalRevenueAmt04062648
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02297175
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01493565
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0995152
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01306724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03813955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02432395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0715345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01546032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01330727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09838454
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0392
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04447
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0589
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06431
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05600684
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98060
IRS990ScheduleA/PublicSupportPY170Pct00.97280
IRS990ScheduleA/PublicSupportTotal170Amt09654300
IRS990ScheduleA/SubstantialContributorsTotAmt0184154
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03813955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02432395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0715345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01546032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01330727
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09838454
IRS990ScheduleA/TotalSupportAmt09844885
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt016573270
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012157989
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028731259
IRS990ScheduleD/EquipmentGrp/BookValueAmt029437
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0477685
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0507122
IRS990ScheduleD/ExpensesSubtotalAmt03010742
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02348930
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02348930
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0580346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1122917
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO REVOLVING FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt05307917
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION ACCOUNTS FOR TAX POSITIONS IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES. WITH FEW EXCEPTIONS, THE CORPORATION IS SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE PRIOR THREE YEARS. MANAGEMENT HAS REVIEWED THE CORPORATION'S TAX POSITIONS AND DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022 AND 2021
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018951637
IRS990ScheduleD/TotalExpensesPerForm990Amt03010742
IRS990ScheduleD/TotalLiabilityAmt0703263
IRS990ScheduleD/TotalRevenuePerForm990Amt05307917
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05307917
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03010742
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0256793
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt17853

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,075,845
Liabilities
$6,007,882
Net assets
$16,067,963
Revenue
$5,307,917
Expenses
$3,010,742
Net income
$2,297,175
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$32.7$10.6$22.1$10.8$4.68$6.14
2024Detailed filing. Detailed filing data is available for this year.$25.9$9.96$15.9$4.21$4.14$0.07
2023Detailed filing. Detailed filing data is available for this year.$24.3$8.43$15.9$3.55$3.75$0.21
2022Detailed filing. Detailed filing data is available for this year.$22.1$6.01$16.1$5.31$3.01$2.30
2021Detailed filing. Detailed filing data is available for this year.$18.7$4.92$13.8$4.06$2.69$1.37
2020Detailed filing. Detailed filing data is available for this year.$17.6$5.22$12.4$1.90$2.30$0.40
2019Detailed filing. Detailed filing data is available for this year.$17.2$4.37$12.8$2.60$1.87$0.73
2018Detailed filing. Detailed filing data is available for this year.$15.7$3.66$12.1$1.99$1.65$0.34
2017Detailed filing. Detailed filing data is available for this year.$13.5$1.75$11.7$3.09$1.56$1.53
2016Detailed filing. Detailed filing data is available for this year.$12.1$1.88$10.2$2.57$1.35$1.22
2015Detailed filing. Detailed filing data is available for this year.$10.9$1.94$8.98$2.00$1.31$0.69
2014Detailed filing. Detailed filing data is available for this year.$10.1$1.84$8.29$1.73$1.24$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$2.48$7.81$1.11
2012Summary only. Only limited summary data is available for this year.$9.31$1.91$7.40$1.61$1.03$0.58
2011Summary only. Only limited summary data is available for this year.$8.79$1.98$6.81$1.31$0.98$0.32