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Community Resource Trust

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

EIN: 272773359 ✦ Salem, OR ✦ Designated as a 501(c)(3)

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Overview

What is Community Resource Trust?

Community Resource Trust is a nonprofit organization situated in Salem, Oregon, with a single employee. The primary mission of this organization is to alleviate poverty by pursuing economic wellness, promoting low-income housing opportunities, and offering spaces for charitable organizations. Recently, it collaborated with several partners to construct 180 affordable housing units in the city of Salem. This project has been successfully completed and is now fully occupied.


Official website here: www.communityresourcetrust.com

Is Community Resource Trust legitimate?

Community Resource Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Resource Trust 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $110,746
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.communityresourcetrust.com

What is the mission statement of Community Resource Trust?

Community Resource Trust is established with the primary objective of reducing poverty. This is achieved by pursuing economic wellness, fostering low-income housing, providing facilities for charitable organizations, and promoting education. The corporation's mission is specifically tailored towards these objectives in the state where it operates. Through collaborations with various entities, Community Resource Trust has successfully built 180 units of low-income housing, contributing to its mission of reducing poverty.


Official website here: www.communityresourcetrust.com

Who is the CEO of Community Resource Trust?

Beth Hays is the Executive Director of Community Resource Trust.


Official website here: www.communityresourcetrust.com

What is the revenue of Community Resource Trust?

Community Resource Trust's revenue in 2022 was $276,790.


Official website here: www.communityresourcetrust.com

Who are the executives of Community Resource Trust and what are their salaries?

The average compensation at Community Resource Trust during 2022 was $110,746. There is 1 employee at Community Resource Trust.


Here are 7 key members and their salaries:


Beth Hays (Executive Director)
  • Compensation: $110,746
  • Related: $0
  • Other: $13,930
Paul De Muniz (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Swank (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Shinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Jennings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaney Starr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chane Griggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.communityresourcetrust.com

Where can I find the form 990 for Community Resource Trust?

Community Resource Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.communityresourcetrust.com

Learn more at the official website: www.communityresourcetrust.com

Mission Statement of Community Resource Trust

Community Resource Trust, as a nonprofit organization, is primarily established with the mission to combat poverty by pursuing economic wellness, fostering low-income housing, providing spaces for charitable organizations, and promoting education. This mission is geared towards achieving poverty reduction in a holistic manner, addressing various aspects of societal needs. By pursuing economic wellness, the nonprofit aims to empower individuals and communities to improve their financial stability and overall quality of life. The provision of low-income housing is another critical component of their mission, offering affordable living options to those in need. Furthermore, Community Resource Trust supports charitable organizations by providing them with physical structures, allowing these organizations to carry out their own missions more effectively. Lastly, the nonprofit's commitment to education reflects its belief in the power of knowledge to drive positive change and uplift communities.

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Impact




October, 2024

Community Resource Trust significantly impacts the community by addressing key issues related to poverty in Oregon, particularly through its focus on economic wellness and low-income housing. Recently, it successfully collaborated with various organizations, including Oregon Housing and Community Services and the City of Salem, to develop 180 low-income housing units in Salem. This project has not only provided essential housing but is also fully leased, indicating a strong community need and satisfaction. Furthermore, by fostering structures that support charitable organizations and promoting education, Community Resource Trust plays a crucial role in creating a more sustainable and supportive environment for low-income residents. Its efforts elevate the quality of life and enhance opportunities for individuals and families in the region.




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


Financials

This financial information is from Propublica.

Revenue
$276,790 (2022)
Expenses
$301,887 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,181
  • Program Service Revenue: $82,277
  • Gross Receipts: $276,790

Assets and Liabilities:

  • Total Assets: $2,677,282
  • Total Liabilities: $528,190
  • Net Assets: $2,149,092

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Programs

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

HOUSING PROJECT LOAN INTEREST INCOME

Revenue

$37,777

INCENTIVE MANAGEMENT FEES

Revenue

$40,000

COMPLIANCE CONSULTING

Revenue

$4,500

Organization Details

Founding Year

2010

Principal Officer

Beth Hays

Main Address

455 BLILER AVE NE, Salem, OR, 97301

NTEE Category

Code: K31 - Food

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