Overview
What is Roc Usa Llc?
Roc Usa Llc is a New Hampshire-based nonprofit organization dedicated to supporting residents of Manufactured Home Communities (MHCS) in purchasing and managing their neighborhoods as cooperatives. This approach aims to preserve the long-term existence and affordability of the manufactured housing sector, create a stable environment for responsible lending, reduce government burdens from housing closures, combat deterioration in MHCS, and eliminate economic discrimination and stigma towards manufactured homeowners. Through their core training, community re-branding, housing rehabilitation, and infill of vacant sites services, Roc Usa Llc assisted 17 new resident-owned communities and preserved 1,182 homes in eight states during 2022. The organization now supports over 20,000 homeowners in 304 communities across 21 states. With a team of 40 employees, Roc Usa Llc empowers homeowners to live in affordable and environmentally sustainable self-governing cooperatives.
Official website here: www.rocusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Roc USA LLC holds an overall rating of 86%, reflecting a strong performance in accountability and finance, particularly with a perfect score for independent board members and financial transparency. The organization demonstrates effective management practices, with no material diversion of assets and a high program expense ratio, indicating that the majority of their funds are allocated toward their mission. Additionally, their commitment to equity and community feedback is commendable, as evidenced by their positive scores in constituent feedback processes.
Despite these strengths, user feedback reveals some significant concerns. A review from a client served indicated dissatisfaction related to management practices and communication, particularly regarding a perceived lack of support and transparency from Roc USA and its affiliates. The reviewer expressed frustration over increased costs and a feeling of being controlled by the management, which raises questions about the effectiveness of the organization in serving its constituents.
While Roc USA LLC exhibits strong accountability and financial management, the negative experiences shared by some users highlight the importance of addressing community concerns and improving communication to enhance trust and satisfaction among those served.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Roc Usa Llc legitimate?
Roc Usa Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roc Usa Llc 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: $1,712,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,346,672
For more financial information, click here
Official website here: www.rocusa.org
What is the mission statement of Roc Usa Llc?
Roc Usa Llc is an organization dedicated to assisting residents of manufactured home communities (MHCS) in achieving self-governance and affordability. Their mission is to create stable environments that preserve the long-term existence and affordability of the manufactured housing sector. They aim to establish reasonably priced lending and resulting asset appreciation, reduce burdens for governments, combat deterioration, and eliminate economic discrimination for owners living in MHCS. Through their support, homeowners in these communities work together to form cooperatives, achieving affordable and environmentally sustainable housing solutions. Roc Usa provides training, education, and resources for community re-branding, housing rehabilitation, and infill of vacant sites. They also facilitate community solar infrastructure and leverage home and community improvement resources. In 2022, Roc Usa served 17 additional resident-owned communities, preserving 1,182 homes in eight states. Now serving 304 communities, Roc Usa helps over 20,000 homeowners in 21 states.
Official website here: www.rocusa.org
Who is the CEO of Roc Usa Llc?
Paul Bradley is the CEO of Roc Usa Llc The CEO's salary of Roc Usa Llc is $233,825 and their total compensation is $266,826.
Official website here: www.rocusa.org
What is the revenue of Roc Usa Llc?
Roc Usa Llc's revenue in 2024 was $20,464,131.
Official website here: www.rocusa.org
Who are the executives of Roc Usa Llc and what are their salaries?
The average compensation at Roc Usa Llc during 2024 was $115,985. There are 35 employees at Roc Usa Llc.
Here are 26 key members and their salaries (Roc Usa Llc's CEO's salary is $233,825 and their total compensation is $266,826):
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- Compensation: $233,825
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- Other: $33,001
- Compensation: $118,661
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- Compensation: $213,259
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- Compensation: $213,235
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- Other: $21,245
- Compensation: $177,666
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- Compensation: $141,030
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- Compensation: $134,901
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- Other: $10,632
- Compensation: $101,811
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- Other: $3,054
- Compensation: $104,617
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- Other: $3,139
- Compensation: $105,526
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- Other: $3,166
Official website here: www.rocusa.org
Where can I find the form 990 for Roc Usa Llc?
Roc Usa Llc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rocusa.org
Learn more at the official website: www.rocusa.org
Mission Statement of Roc Usa Llc
Roc USA Llc, a nonprofit organization, is dedicated to assisting residents of Manufactured Home Communities (MHCS) in realizing their goal of collectively purchasing and controlling their living spaces. By empowering these communities to operate as resident-owned and controlled entities, Roc USA Llc aims to achieve several objectives:
Firstly, by preserving the long-term existence and affordability of the manufactured housing sector, Roc USA Llc ensures that residents have a stable environment to call home. This stability in turn facilitates reasonably priced, non-predatory single-family lending, leading to asset appreciation for residents.
Secondly, the organization lessens the burden on state and local governments, as the loss of affordable housing in MHCS can result in significant demands for relocation assistance and subsidized housing alternatives. Moreover, Roc USA Llc combats deterioration of MHCS and eliminates the economic discrimination and stigma suffered by owners of manufactured and mobile homes within these communities.
Roc USA Llc supports homeowners in MHCS to establish affordable and environmentally sustainable co-operatives. They provide core training and education, community rebranding, housing rehabilitation, and the infill of vacant sites. In addition, they assist in providing community solar infrastructure and leveraging home and community improvement resources for resident-owned cooperatives (ROCs) in their regions. In 2022, Roc USA helped establish 17 additional resident-owned communities, preserving 1,182 homes across eight states. Currently, Roc USA serves 304 communities and supports over 20,000 homeowners in 21 states.
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Impact
October, 2024
ROC USA, LLC significantly impacts the lives of individuals residing in manufactured home communities (MHCs) by empowering these residents to collectively purchase and manage their communities as resident-owned organizations. This initiative contributes to several critical outcomes that enhance the quality of life for homeowners within these communities.
The organization plays a vital role in preserving the existence and affordability of manufactured housing, which is essential for many who rely on it for stable and affordable living. By enabling homeowners to take control of their communities, ROC USA helps create a stable environment for reasonably priced, non-predatory lending, allowing for asset appreciation and increased financial security for homeowners.
Moreover, ROC USA's efforts alleviate the financial burdens on state and local governments that arise when affordable housing options diminish. By preventing closures of MHCs, the organization reduces demands for relocation assistance and subsidized housing alternatives, which can strain public resources.
ROC USA also addresses the deterioration issues that many MHCs face, promoting rehabilitation of housing and community infrastructure. Through collaborations with certified technical assistance providers, they offer training and educational resources, which empower resident groups to effectively govern and improve their living environments.
In 2022 alone, ROC USA assisted in the establishment of 17 new resident-owned communities and preserved over 1,182 homes across eight states. Currently, they support 304 communities, impacting more than 20,000 homeowners nationwide. Their commitment to fostering economically sustainable, environmentally responsible self-governing cooperatives leads to a higher quality of life and combats the stigma often associated with manufactured and mobile homes.
Overall, ROC USA creates a transformative effect within the manufactured housing sector, promoting stability, sustainability, and dignity for its residents.
This information is meant to be a general summary of Roc Usa Llc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $396,335
- Program Service Revenue: $10,913,451
- Gross Receipts: $20,464,131
Assets and Liabilities:
- Total Assets: $179,101,638
- Total Liabilities: $160,186,984
- Net Assets: $18,914,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME ON PROGRAM RELATE
Revenue
$9,718,083
SERVICE FEE AND TRANSACTION INCOM
Revenue
$787,283
ORIGINATION FEES AND GAIN ON LOAN
Revenue
$213,662
ALL OTHER PROGRAM SERVICE REVENUE
Revenue
$191,423
NETWORK FEES
Revenue
$3,000
Organization Details
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