Civic Intelligence

Polk Community Development Corporation

990 • Fiscal year 2023 • EIN 93-1012211

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

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

66th percentile

0.35x

Higher debt load relative to assets than 66% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

2.38x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

25th percentile

-5.8%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

25th percentile

$112,209

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

61st percentile

10%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-33%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$24,286,714

Up $2,210,869 (+10%) from 2022

Net Assets

Down

$15,861,058

Down $206,905 (-1.3%) from 2022

Liabilities

Up

$8,425,656

Up $2,417,774 (+40%) from 2022

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin25th percentile

Revenue

Down

$3,545,955

Down $1,761,962 (-33%) from 2022

Expenses

Up

$3,752,860

Up $742,118 (+25%) from 2022

Net Income

Down

-$206,905

Down $2,504,080 (-109%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth61st 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

2023

Assets$24,286,714
Liabilities$8,425,656
Net Assets$15,861,058
Open 2023 Filing

Operations Trend

Revenue Growth11th 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

2023

Revenue$3,545,955
Expenses$3,752,860
Net Income-$206,905
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$3,545,955
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$18,951,637$21,326,691▲ $2,375,054
Savings and Temporary Cash Investments$1,306,724$1,075,553▼ $231,171
Other Notes and Loans Receivable, Net$541,227$467,265▼ $73,962
Cash and Non-Interest-Bearing Accounts$784,456$431,564▼ $352,892
Pledges and Grants Receivable$231,145$332,962▲ $101,817
Prepaid Expenses and Deferred Charges$95,884$73,913▼ $21,971
Accounts Receivable$42,845$29,476▼ $13,369
Total Assets$22,075,845$24,286,714▲ $2,210,869
Other Assets Total$121,927$549,290▲ $427,363
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,981,316$6,964,760▲ $1,983,444
Accounts Payable and Accrued Expenses$319,325$810,046▲ $490,721
Other Liabilities$703,263$630,054▼ $73,209
Deferred Revenue$3,978$20,796▲ $16,818
Total Liabilities$6,007,882$8,425,656▲ $2,417,774
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,004,785$13,768,846▼ $235,939
Net Assets With Donor Restrictions$2,063,178$2,092,212▲ $29,034
Total Net Assets Fund Balance$16,067,963$15,861,058▼ $206,905
Total Liabilities and Net Assets / Fund Balance$22,075,845$24,286,714▲ $2,210,869

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,773,816$13,099,594$31,873,410
Land$2,526,666-$2,526,666
Equipment$26,209$496,355$522,564
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rita a GradyExecutive DiFT$112,209$112,209

Board Members and Trustees

NameTitle
Amy HoughtalingPresident
Alea LittletonDirector
Jana BlairDirector
Javier CastanedaDirector
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$1,425,276
Revenue and Support

Revenue Composition

Contributions and Grants
$1,745,064
Program Service Revenue
$1,776,182
Investment Income
$24,709
Other Revenue
$0
All Other Contributions
$12,085
Change in Net Assets
$-206,905

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,514,360
Revenue Not Reported on Financial Statements
$31,595
Other Revenue Adjustments
$31,595
Total Revenue per Audited Statements
$3,514,360
Total Revenue per Form 990
$3,545,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,165,329
Salaries, Compensation, and Employee Benefits$1,047,504
Grants and Similar Amounts Paid$540,027
Total Fundraising Expense$154,139
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$960,275--$960,275
Other Salaries and Wages$451,924$273,703$50,091$775,718
Grants to Domestic Individuals$365,027--$365,027
Interest$166,024$10,619-$176,643
Grants to Domestic Orgs$175,000--$175,000
Insurance$141,452$1,571-$143,023
Current Officers, Directors, Trustees, and Key Employees$37,439$12,480$74,879$124,798
Office Expenses$30,170$70,018-$100,188
Payroll Taxes$41,945$23,757$10,368$76,070
Other Employee Benefits$32,236$19,730$8,622$60,588
All Other Expenses$39,741$4,340$8,771$52,852
Information Technology$14,109$32,750-$46,859
Fees for Services Accounting$745$29,800-$30,545
Other Expenses$18,525$1,256-$18,525
Fees for Services Legal$353$14,107-$14,460
Pension Plan Contributions$5,696$3,226$1,408$10,330
Travel$3,024$7,019-$10,043
Fees for Services Other$38$5,222-$5,260
Total Functional Expenses$3,058,751$539,970$154,139$3,752,860

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,752,860
Expenses per Audited Statements$3,721,265
Total Expenses per Audited Statements$3,721,265
Expenses Not Reported on Financial Statements$31,595
Other Expense Adjustments$31,595
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MwvcaaSalem, OR3Affordable Housing$175,000
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$500,774
Tenant Security Deposits$129,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rita a Grady
Formed
1989
Legal Domicile
Or
Voting Board Members
11
Independent Board Members
11
Employees
23
Volunteers
11

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).”

Form 990, Part XI, Line 9

“Loss on debt refinancing -31,595 loss on debt refinancing 31,595”

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, 2023 and 2022.”

Schedule D, Page 4, Part XI, Line 4B

“Loss on debt refinancing 31,595”

Schedule D, Page 4, Part XII, Line 4B

“Loss on debt refinancing 31,595”

Raw XML AppendixShowing 400 of 665 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/BOYAmt0319325
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0810046
IRS990/AccountsReceivableGrp/BOYAmt042845
IRS990/AccountsReceivableGrp/EOYAmt029476
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/AllOtherContributionsAmt012085
IRS990/AllOtherExpensesGrp/FundraisingAmt08771
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04340
IRS990/AllOtherExpensesGrp/ProgramServicesAmt039741
IRS990/AllOtherExpensesGrp/TotalAmt052852
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
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/BOYAmt0784456
IRS990/CashNonInterestBearingGrp/EOYAmt0431564
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt074879
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012480
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt037439
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0124798
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt01425276
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt027375 SW PARKWAY AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WILSONVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd097070
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0I & E CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01745064
IRS990/CYGrantsAndSimilarPaidAmt0540027
IRS990/CYInvestmentIncomeAmt024709
IRS990/CYOtherExpensesAmt02165329
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01776182
IRS990/CYRevenuesLessExpensesAmt0-206905
IRS990/CYSalariesCompEmpBnftPaidAmt01047504
IRS990/CYTotalExpensesAmt03752860
IRS990/CYTotalFundraisingExpenseAmt0154139
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03545955
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt03978
IRS990/DeferredRevenueGrp/EOYAmt020796
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0960275
IRS990/DepreciationDepletionGrp/TotalAmt0960275
IRS990/Desc0TO DEVELOP, OPERATE AND PROVIDE SAFE, QUALITY, AND AFFORDABLE HOUSING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02063178
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02092212
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03058751
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt029800
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0745
IRS990/FeesForServicesAccountingGrp/TotalAmt030545
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014107
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0353
IRS990/FeesForServicesLegalGrp/TotalAmt014460
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05222
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt038
IRS990/FeesForServicesOtherGrp/TotalAmt05260
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/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
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/PersonNm10JAVIER CASTANEDA
IRS990/Form990PartVIISectionAGrp/PersonNm11JANA BLAIR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0112209
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
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/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt01732979
IRS990/GrantAmt0540027
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0365027
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0365027
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0175000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0175000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03545955
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt032750
IRS990/InformationTechnologyGrp/ProgramServicesAmt014109
IRS990/InformationTechnologyGrp/TotalAmt046859
IRS990/InsuranceGrp/ManagementAndGeneralAmt01571
IRS990/InsuranceGrp/ProgramServicesAmt0141452
IRS990/InsuranceGrp/TotalAmt0143023
IRS990/InterestGrp/ManagementAndGeneralAmt010619
IRS990/InterestGrp/ProgramServicesAmt0166024
IRS990/InterestGrp/TotalAmt0176643
IRS990/InvestmentIncomeGrp/ExclusionAmt09373
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt015336
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024709
IRS990/InvestmentInJointVentureInd0true
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013595949
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018951637
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021326691
IRS990/LandBldgEquipCostOrOtherBssAmt034922640
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/BOYAmt04981316
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06964760
IRS990/NetAssetsOrFundBalancesBOYAmt016067963
IRS990/NetAssetsOrFundBalancesEOYAmt015861058
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014004785
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013768846
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt070018
IRS990/OfficeExpensesGrp/ProgramServicesAmt030170
IRS990/OfficeExpensesGrp/TotalAmt0100188
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0121927
IRS990/OtherAssetsTotalGrp/EOYAmt0549290
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08622
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019730
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt032236
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060588
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3PROPERTY MGT & REIMB
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02877
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127495
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21256
IRS990/OtherExpensesGrp/ProgramServicesAmt0247969
IRS990/OtherExpensesGrp/ProgramServicesAmt1200664
IRS990/OtherExpensesGrp/ProgramServicesAmt2126395
IRS990/OtherExpensesGrp/ProgramServicesAmt318525
IRS990/OtherExpensesGrp/TotalAmt0250846
IRS990/OtherExpensesGrp/TotalAmt1228159
IRS990/OtherExpensesGrp/TotalAmt2127651
IRS990/OtherExpensesGrp/TotalAmt318525
IRS990/OtherLiabilitiesGrp/BOYAmt0703263
IRS990/OtherLiabilitiesGrp/EOYAmt0630054
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt050091
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0273703
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0451924
IRS990/OtherSalariesAndWagesGrp/TotalAmt0775718
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0541227
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0467265
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt010368
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023757
IRS990/PayrollTaxesGrp/ProgramServicesAmt041945
IRS990/PayrollTaxesGrp/TotalAmt076070
IRS990/PensionPlanContributionsGrp/FundraisingAmt01408
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03226
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05696
IRS990/PensionPlanContributionsGrp/TotalAmt010330
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0231145
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0332962
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt095884
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt073913
IRS990/PrincipalOfficerNm0RITA A GRADY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01721595
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152566
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01721595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152566
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22021
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03813955
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0277146
IRS990/PYInvestmentIncomeAmt031815
IRS990/PYOtherExpensesAmt01858710
IRS990/PYProgramServiceRevenueAmt01462147
IRS990/PYRevenuesLessExpensesAmt02297175
IRS990/PYSalariesCompEmpBnftPaidAmt0874886
IRS990/PYTotalExpensesAmt03010742
IRS990/PYTotalRevenueAmt05307917
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-206905
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01791518
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01306724
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01075553
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01745064
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03813955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02432395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0715345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01546032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010252791
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0392
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04447
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015215
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06668381
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99850
IRS990ScheduleA/PublicSupportPY170Pct00.98060
IRS990ScheduleA/PublicSupportTotal170Amt010252791
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01745064
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03813955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02432395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0715345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01546032
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010252791
IRS990ScheduleA/TotalSupportAmt010268006
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/BookValueAmt018773816
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013099594
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt031873410
IRS990ScheduleD/EquipmentGrp/BookValueAmt026209
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0496355
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0522564
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt031595
IRS990ScheduleD/ExpensesSubtotalAmt03721265
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02526666
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02526666
IRS990ScheduleD/OtherExpensesNotIncludedAmt031595
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1129280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO REVOLVING FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt031595
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt031595
IRS990ScheduleD/RevenueSubtotalAmt03514360
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, 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DEBT REFINANCING 31,595
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON DEBT REFINANCING 31,595
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,286,714
Liabilities
$8,425,656
Net assets
$15,861,058
Revenue
$3,545,955
Expenses
$3,752,860
Net income
-$206,905
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