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Reach Community Development Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930813981 ✦ Portland, OR ✦ Designated as a 501(c)(3)

Overview

What is Reach Community Development Inc?

Reach Community Development Inc, located in Portland, Oregon, is a prominent nonprofit organization specializing in property operations and management. With over 2,731 units of affordable rental housing under their ownership and management in the Portland metropolitan region and Southwest Washington, they cater to households within specific income limits. This extensive portfolio includes apartments, plexes, and single-family houses. In addition to real estate, Reach also manages 87,458 commercial square feet. Beyond property management, Reach is committed to fostering individual, family, and community growth through supportive programs. By serving the Portland metropolitan and Southwest Washington region, Reach aims to develop and manage quality affordable apartment homes.


Official website here: www.reachcdc.org

Is Reach Community Development Inc legitimate?

Reach Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach Community Development Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $552,585
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,760,107

For more financial information, click here


Official website here: www.reachcdc.org

What is the mission statement of Reach Community Development Inc?

Reach Community Development Inc focuses on developing and managing affordable apartment homes, offering opportunities for individuals and families to thrive through supportive programs. They serve communities in the Portland metropolitan area and Southwest Washington. The organization's mission goes beyond just housing, as it aims to provide a supportive environment for individuals and families to improve their quality of life. Reach Community Development Inc and its affiliates own and manage over 2,731 units of affordable rental housing, available only to households under income limits. They also manage 87,458 commercial square footage. The supportive programs offered by the organization help individuals and families access essential resources and services, enabling them to overcome challenges and build better futures.


Official website here: www.reachcdc.org

Who is the CEO of Reach Community Development Inc?

Margaret Salazar is the Principal Officer of Reach Community Development Inc. The CEO's salary of Reach Community Development Inc is $179,433 and their total compensation is $207,354.


Official website here: www.reachcdc.org

What is the revenue of Reach Community Development Inc?

Reach Community Development Inc's revenue in 2022 was $25,254,357.


Official website here: www.reachcdc.org

Who are the executives of Reach Community Development Inc and what are their salaries?

The average compensation at Reach Community Development Inc during 2022 was $45,631. There are 226 employees and 15 volunteers at Reach Community Development Inc.

Here are 23 key members and their salaries (Reach Community Development Inc's CEO's salary is $179,433 and their total compensation is $207,354):

    Pamela Benoit (Coo)
  • Compensation: $195,408
  • Related: $0
  • Other: $150,183

    • Daniel Valliere (President & Ceo)
  • Compensation: $179,433
  • Related: $0
  • Other: $27,921

    • Alma Flores (Director Of Housing Develo)
  • Compensation: $148,784
  • Related: $0
  • Other: $43,101

    • Brian Bieler (Director Of Asset Management)
  • Compensation: $100,813
  • Related: $0
  • Other: $59,567

    • Daniel Montgomery (Director Of Property Manag)
  • Compensation: $109,710
  • Related: $0
  • Other: $31,745

    • Peter Clements (Interim Dire Of Housing Development)
  • Compensation: $113,168
  • Related: $0
  • Other: $22,581

    • Veronica Coenen (Controller)
  • Compensation: $133,764
  • Related: $0
  • Other: $370

    • Alexander Mcpherson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Werner (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheranda Curtis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clara Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cris Sohler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Sacamano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Burke (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Knightly (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Beckland (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Lam (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Lodwick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebbecca Maese (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Stuckey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samm Mccrary (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tejan Conteh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Whit Spencer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.reachcdc.org

    Where can I find the form 990 for Reach Community Development Inc?

    The Reach Community Development Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.reachcdc.org

    Learn more at the official website: www.reachcdc.org

    Mission Statement of Reach Community Development Inc

    Reach Community Development Inc, a prominent nonprofit organization, is dedicated to developing and managing quality affordable apartment homes and offering opportunities for individuals, families, and communities to thrive through supportive programs. This mission is geared towards providing living solutions for those under certain income limits and creating an environment that fosters growth and development.

    The core business of Reach Community Development Inc involves property operations and management. They oversee more than 2,731 units of affordable rental housing, which encompasses apartments, plexes, and single-family houses. This extensive portfolio is a testament to their commitment to meeting the housing needs of their community. In addition to their rental properties, the organization also manages 87,458 commercial square feet. Their diverse property portfolio reflects their comprehensive approach to community development.

    Reach Community Development Inc's impact extends beyond the physical realm of housing. Their supportive programs aim to empower individuals and families, fostering an environment that nurtures their growth and enables them to reach their full potential. By providing affordable housing and essential services, the nonprofit is able to create a strong foundation for the communities it serves, ultimately contributing to their long-term success.

    Impact

    This information is meant to be a general summary of Reach Community Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Reach Community Development Inc's impact is significant in providing quality affordable apartment homes and supportive programs for individuals, families, and communities in the Portland metropolitan and Southwest Washington region. This organization owns and manages over 2,731 units of affordable rental housing, including apartments, plexes, and single-family houses, catering to households under certain income limits. Additionally, Reach manages 87,458 square feet of commercial space, contributing to the economic development of the area. Their focus on housing and community development helps improve the quality of life for many in need of affordable housing options in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $648,215
  • Program Service Revenue: $20,291,732
  • Gross Receipts: $25,481,449

    • Assets and Liabilities:
  • Total Assets: $93,233,425
  • Total Liabilities: $71,375,864
  • Net Assets: $21,857,561
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT RENTS

    Revenue

    $11,599,250

    PROPERTY MANAGEMENT FEE

    Revenue

    $7,549,210

    DEVELOPER FEE

    Revenue

    $773,500

    MISC RESIDENT CHARGES

    Revenue

    $189,499

    LAUNDRY & VENDING

    Revenue

    $86,738

    Organization Details

    Founding Year

    1982

    Principal Officer

    Margaret Salazar

    Main Address

    4150 S MOODY AVENUE, PORTLAND, OR, 97239

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Reach Community Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.