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California Community Reinvestment Corporation

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

EIN: 954207717 ✦ Glendale, CA ✦ Designated as a 501(c)(3)

Overview

What is California Community Reinvestment Corporation?

The California Community Reinvestment Corporation is a nonprofit organization based in Glendale, California, specifically at 100 West Broadway, CA 91210. Their primary mission is to increase the availability of affordable housing for low-income families, seniors, and individuals with special needs across California. They achieve this by facilitating private capital flow to developers of affordable housing units. With a workforce of 27 individuals, they strive to make housing more accessible for those who require it most, contributing to the overall well-being and stability of communities in the state.


Official website here: www.e-ccrc.org

Is California Community Reinvestment Corporation legitimate?

California Community Reinvestment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Community Reinvestment Corporation 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: $1,715,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,466,619

For more financial information, click here


Official website here: www.e-ccrc.org

What is the mission statement of California Community Reinvestment Corporation?

The California Community Reinvestment Corporation's mission is centered around increasing the availability of affordable housing for low-income families, seniors, and individuals with special needs. They achieve this by facilitating the flow of private capital to developers of affordable housing projects across California. This organization provides financing and related services to support the development of affordable housing units, primarily for low and very low-income families, within the state of California. Their goal is to contribute to a more equitable housing landscape, ensuring that vulnerable populations have access to suitable and affordable housing options.


Official website here: www.e-ccrc.org

Who is the CEO of California Community Reinvestment Corporation?

Tia B Patterson is the Principal Officer of California Community Reinvestment Corporation.


Official website here: www.e-ccrc.org

What is the revenue of California Community Reinvestment Corporation?

California Community Reinvestment Corporation's revenue in 2022 was $10,544,101.


Official website here: www.e-ccrc.org

Who are the executives of California Community Reinvestment Corporation and what are their salaries?

The average compensation at California Community Reinvestment Corporation during 2022 was $154,904. There are 27 employees and 19 volunteers at California Community Reinvestment Corporation.

Here are 23 key members and their salaries:

    Mary Kaiser (Former President)
  • Compensation: $444,000
  • Related: $0
  • Other: $38,513

    • Mark Rasmussen (Exec Vice President)
  • Compensation: $374,211
  • Related: $0
  • Other: $39,524

    • David Saltzman (Sr. Vice President)
  • Compensation: $311,667
  • Related: $0
  • Other: $35,434

    • Jamie Nelson (Treasurer)
  • Compensation: $248,673
  • Related: $0
  • Other: $35,867

    • Mark Niles (Sr Vice President)
  • Compensation: $227,588
  • Related: $0
  • Other: $32,671

    • Maria Majczinger (Sr Vice President)
  • Compensation: $224,499
  • Related: $0
  • Other: $28,784

    • Laura Orellana (Relationship Manager)
  • Compensation: $191,537
  • Related: $0
  • Other: $33,980

    • Renee Cooks (Vice President)
  • Compensation: $183,541
  • Related: $0
  • Other: $27,393

    • Aaron Smith (Relationship Manager)
  • Compensation: $184,166
  • Related: $0
  • Other: $22,535

    • Andy Chan (Relationship Manager)
  • Compensation: $150,833
  • Related: $0
  • Other: $17,909

    • Marla Garcia (Assistant Secretary)
  • Compensation: $101,959
  • Related: $0
  • Other: $16,605

    • Mark J Glasky (Board Member, Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Vandiver (Board Member, Audit Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Gutierrez (Board Chair, Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • John S Kauh (Board Vice Chair, Executive Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • John Chan (Board Member: Audit Vice Chair, Executive Comm) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.e-ccrc.org

    Where can I find the form 990 for California Community Reinvestment Corporation?

    The California Community Reinvestment Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.e-ccrc.org

    Learn more at the official website: www.e-ccrc.org

    Mission Statement of California Community Reinvestment Corporation

    California Community Reinvestment Corporation, abbreviated as CCRC, is dedicated to enhancing the availability of affordable housing options for low-income families, seniors, and individuals with special needs across the state. To achieve this mission, CCRC facilitates the flow of private capital to developers of affordable housing projects. By providing financing and related services, CCRC primarily supports the development of affordable housing units for low and very low-income families in California, contributing to a more equitable and inclusive housing landscape.

    Impact

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




    Sunday, July 21, 2024

    California Community Reinvestment Corporation increases the availability of affordable housing for low-income families, seniors, and residents with special needs throughout California. They facilitate private capital flow to developers of affordable housing units, primarily for low and very low-income families in the state. By providing financing and related services for the development of affordable housing, they play a crucial role in addressing housing challenges and improving the quality of life for vulnerable populations in California.





    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: $332,513
  • Program Service Revenue: $10,144,588
  • Gross Receipts: $10,544,101

    • Assets and Liabilities:
  • Total Assets: $201,795,641
  • Total Liabilities: $132,395,462
  • Net Assets: $69,400,179
  • Programs

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

    INTEREST INCOME-LOANS

    Revenue

    $6,619,534

    LOAN SERVICING FEES

    Revenue

    $2,119,816

    LOAN, RATE LOCK FEES

    Revenue

    $935,444

    CREDIT ENHANCEMENT & OTHER FEES

    Revenue

    $469,794

    Organization Details

    Founding Year

    1989

    Principal Officer

    Tia B Patterson

    Main Address

    100 WEST BROADWAY, GLENDALE, CA, 91210

    NTEE Category

    Code: L200 - Housing

    If you are a representative of California Community Reinvestment Corporation 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.