Overview
What is Community And Shelter Assistance Corp?
Community And Shelter Assistance Corp, also known as CASA, is a nonprofit organization based in Sherwood, Oregon. Their main focus is to promote financial security and asset building among low-income populations, particularly in underserved communities. As the fiduciary and program administrator for three individual development account initiatives, VIDA, Matched College Savings Program (MCSP), and Earn, Educate, Empower (E3), CASA provides training, technical assistance, and funds distribution to 58 member organizations and educational institutions. VIDA is a collaborative of nonprofits and housing authorities offering services like housing development, social support, business assistance, and workforce development. MCSP focuses on providing access to post-secondary education for underrepresented students, while E3 collaborates with educational institutions to help students pay for higher education. Since its inception in 2001, CASA has awarded over $49 million, creating homeowners, supporting small businesses, and assisting students in paying for post-secondary education.
Official website here: www.casaoforegon.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Star rating)
Community And Shelter Assistance Corp has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an overall score driven entirely by its accountability metrics, the nonprofit demonstrates a commitment to transparency and responsible management of its resources. The charity has effectively established a framework of governance, highlighted by its 100% independent board and comprehensive financial oversight practices.
The organization shows notable strengths in its financial management, boasting a program expense ratio of 84.77%, indicating that a significant portion of its funds are directed towards its mission-related activities. Additionally, the presence of rigorous policies, such as conflict of interest and whistleblower protection, further underscores its dedication to integrity in operations. The charity maintains transparency by posting essential documents, including tax forms and board meeting minutes, on its website.
However, the organization's liabilities to assets ratio of 60.20% suggests areas where financial health could be improved. While still meeting acceptable standards, this ratio indicates a moderate level of debt compared to its assets. Overall, Community And Shelter Assistance Corp stands out as a well-managed nonprofit with a strong commitment to accountability, though it may benefit from enhancing its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Community And Shelter Assistance Corp legitimate?
Community And Shelter Assistance Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community And Shelter Assistance Corp 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: $183,444
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,827,198
For more financial information, click here
Official website here: www.casaoforegon.org
What is the mission statement of Community And Shelter Assistance Corp?
Community and Shelter Assistance Corp's mission is centered around improving the lives of underprivileged populations, primarily focusing on farmworkers. They achieve this through the development of affordable housing, neighborhood facilities, and programs that enhance the financial security of families. The organization serves as the fiduciary and program administrator for three community-based initiatives, VIDA, Matched College Savings Program (MCSP), and Earn, Educate, Empower (E3). The Family Economic Opportunity Program (FEOP) is at the core of these initiatives, promoting financial security, asset building, wealth redistribution, and consumer education. CASA provides training, technical assistance, data collection, fund development, and management for its member organizations. The VIDA program, a collaboration of nonprofit organizations and housing authorities, has grown significantly since its inception, now involving 39 organizations. MCSP focuses on providing access to post-secondary education for underrepresented students. E3, a collaboration with the Oregon Alliance for Independent Colleges, assists students in saving for post-secondary education. Since 2001, these initiatives have awarded over $49 million, creating homeowners, assisting small businesses, and helping over 2600 students pay for post-secondary education.
Official website here: www.casaoforegon.org
Who is the CEO of Community And Shelter Assistance Corp?
Peter D Hainley is the President of Community And Shelter Assistance Corp.
Official website here: www.casaoforegon.org
What is the revenue of Community And Shelter Assistance Corp?
Community And Shelter Assistance Corp's revenue in 2022 was $4,047,411.
Official website here: www.casaoforegon.org
Who are the executives of Community And Shelter Assistance Corp and what are their salaries?
The average compensation at Community And Shelter Assistance Corp during 2022 was $62,833. There are 32 employees at Community And Shelter Assistance Corp.
Here are 14 key members and their salaries:
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- Compensation: $150,167
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- Compensation: $135,342
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- Other: $24,399
Official website here: www.casaoforegon.org
Where can I find the form 990 for Community And Shelter Assistance Corp?
Community And Shelter Assistance Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.casaoforegon.org
Learn more at the official website: www.casaoforegon.org
Mission Statement of Community And Shelter Assistance Corp
Community and Shelter Assistance Corp, abbreviated as CASA, is dedicated to enhancing the lives of underserved communities and low-income populations. Rooted in its service to farmworkers, this nonprofit organization strives to improve financial security by building affordable housing, neighborhood facilities, and programs. CASA acts as the fiduciary organization and program administrator for three community-based initiatives: VIDA, Matched College Savings Program (MCSP), and Earn, Educate, Empower (E3).
At the core of CASA's Family Economic Opportunity Program (FEOP) are concepts such as financial security, asset building, wealth redistribution, and consumer education. CASA directs program operations by providing training and technical assistance to member organizations, collecting data, managing funds, and distributing Individual Development Account (IDA) funds on behalf of various organizations. The VIDA program is a collaborative of nonprofit organizations and housing authorities, bringing together a wide range of experiences in housing development, social support services, business development assistance, and workforce development. Since its inception in 2001, VIDA has grown from nine organizations to 39 in 2023.
The MCSP collaborative currently includes four high schools and community colleges, focusing on creating access to postsecondary education for underrepresented students like students of color, first-generation students, and non-native English speakers. E3 is a collaboration between the Oregon Alliance for Independent Colleges (OAICU) and participating educational institutions. CASA works closely with financial aid staff to identify and enroll eligible savers, providing coaching and development while students save. Together, VIDA, MCSP, and E3 serve 32 counties in Oregon, having awarded over $49 million since 2001. This has created over 1,500 homeowners, assisted over 1,000 small businesses, and helped over 2,600 students pay for post-secondary education. In addition to state and federal resources, FEOP receives fees for services from OAICU and their member schools, as well as other organizations for the oversight and management of their IDA programs.
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Impact
July, 2024
Community And Shelter Assistance Corp's impact is significant in improving the lives of Oregonians in underserved communities through building affordable housing, neighborhood facilities, and programs that increase families' financial security. Through their Family Economic Opportunity program, CASA has facilitated the creation of over 1,500 homeowners, assisted over 1,000 small businesses, and helped over 2,600 students pay for post-secondary education. Their initiatives like VIDA, Matched College Savings Program (MCSP), and Earn, Educate, Empower (E3) have served 32 counties in Oregon since 2001, distributing over $49 million in funds. CASA's work goes beyond providing housing and extends to wealth redistribution, asset building, and consumer education, making a tangible difference in the lives of low-income populations.
This information is meant to be a general summary of Community And Shelter Assistance Corp. 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 2022.
- Investment Income: $10,046
- Program Service Revenue: $1,613,442
- Gross Receipts: $4,078,362
Assets and Liabilities:
- Total Assets: $32,997,615
- Total Liabilities: $23,336,833
- Net Assets: $9,660,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$879,590
DEVELOPMENT FEES
Revenue
$468,325
TECHNICAL ASSISTANCE F
Revenue
$220,600
LOAN FEES
Revenue
$44,927
Organization Details
Founding Year
1988
Phone
(503) 537-0319Principal Officer
Peter D Hainley
Main Address
20508 SW ROY ROGERS RD 155, SHERWOOD, OR, 97140
Website
www.casaoforegon.orgNTEE Category
Code: L21 - Housing
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