Overview
What is Yamhill Community Development Corp?
Yamhill Community Development Corp, also known as Community Home Builders, is a nonprofit organization located in McMinnville, Oregon. Their primary mission is to construct affordable housing and foster skills for low and moderate-income families and individuals. They achieve this by collaborating with public and private partners in rural Oregon communities. Through a program called Guided Self-Help Housing Opportunity, they assist low-income families in acquiring loans from USDA Rural Development, buying land, and building homes. The organization serves as the general contractor during the construction process. In the recent fiscal year, Yamhill Community Development Corp helped 12 families realize their homeownership dreams. With a workforce of 6 individuals, they are dedicated to contributing positively to their community.
Official website here: www.communityhomebuilders.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Yamhill Community Development Corp has achieved a remarkable score of 95%, reflecting strong performance in accountability and finance. This high rating indicates that the organization is effectively managing its resources and adhering to best practices in financial oversight. The perfect score in areas such as independent board membership and audit oversight underscores the nonprofit's commitment to transparency and governance.
The organization boasts a fully independent board, which enhances its accountability and decision-making processes. Additionally, Yamhill Community Development Corp has established comprehensive policies including conflict of interest and whistleblower protections, which contribute to a culture of integrity and ethical governance. The organization's financial health is also notable, with a low liabilities-to-assets ratio, indicating sound management of its financial obligations.
While the program expense ratio is strong at 68.84%, indicating a significant portion of its budget is directed towards programs, there remains a small margin for improvement in optimizing program spending. Overall, Yamhill Community Development Corp stands out as a well-managed nonprofit that prioritizes accountability and effective resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Yamhill Community Development Corp legitimate?
Yamhill Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yamhill Community Development 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: $94,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $205,895
For more financial information, click here
Official website here: www.communityhomebuilders.org
What is the mission statement of Yamhill Community Development Corp?
Yamhill Community Development Corp's mission is centered around constructing affordable housing for low and moderate-income families and individuals. The organization strives to promote ownership and equity among these populations while contributing to the prosperity of rural Oregon communities. In achieving this goal, Yamhill Community Development Corp collaborates with both public and private partners. One of their initiatives is the Guided Self-Help Housing Opportunity Program, which provides loans to eligible families from the USDA Rural Development to build homes. Through this program, the organization acted as the general contractor for 12 families during the previous fiscal year.
Official website here: www.communityhomebuilders.org
Who is the CEO of Yamhill Community Development Corp?
Alice Springer is the Executive Director of Yamhill Community Development Corp.
Official website here: www.communityhomebuilders.org
What is the revenue of Yamhill Community Development Corp?
Yamhill Community Development Corp's revenue in 2023 was $1,158,224.
Official website here: www.communityhomebuilders.org
Who are the executives of Yamhill Community Development Corp and what are their salaries?
The average compensation at Yamhill Community Development Corp during 2023 was $50,086. There are 6 employees and 9 volunteers at Yamhill Community Development Corp.
Here are 10 key members and their salaries:
- Compensation: $80,226
- Related: $0
- Other: $11,537
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.communityhomebuilders.org
Where can I find the form 990 for Yamhill Community Development Corp?
Yamhill Community Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.communityhomebuilders.org
Learn more at the official website: www.communityhomebuilders.org
Mission Statement of Yamhill Community Development Corp
Yamhill Community Development Corp, a nonprofit organization, is committed to building quality, affordable housing and fostering skills for low and moderate income families and individuals in rural Oregon communities. Its mission is to develop ownership and create equity while collaborating with public and private partners to help these communities thrive. The corporation achieves this goal through its Guided Self-Help Housing Opportunity Program, which assists eligible low-income families in obtaining loans from USDA Rural Development to construct their own homes. By purchasing land in parcels and identifying eligible applicants based on income and debt restrictions, Yamhill Community Development Corp serves as the general contractor during the construction process. During the fiscal year, 12 families benefited from this program, demonstrating the organization's dedication to improving the living conditions and prospects of low-income families in rural Oregon.
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Impact
July, 2024
Yamhill Community Development Corp's impact is evident in the tangible results it achieves through its mission-driven activities. By building quality, affordable housing, developing ownership, creating equity, and fostering skills for low and moderate-income families and individuals, this organization plays a vital role in helping rural Oregon communities thrive. Through collaboration with public and private partners, Yamhill Community Development Corp facilitates the Guided Self-Help Housing Opportunity Program, which assists low-income families in obtaining loans from USDA Rural Development to build homes. Additionally, the organization acts as the general contractor during the construction of these projects, ensuring that 12 families were assisted through this program in the fiscal year. This direct impact not only provides much-needed housing solutions but also empowers individuals and strengthens communities in the process.
This information is meant to be a general summary of Yamhill Community Development 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 2023.
- Investment Income: $388,820
- Program Service Revenue: $289,979
- Gross Receipts: $2,528,601
Assets and Liabilities:
- Total Assets: $5,069,064
- Total Liabilities: $1,479,184
- Net Assets: $3,589,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$270,998
HOUSING PROGRAM FEES
Revenue
$18,981
Organization Details
Founding Year
1990
Principal Officer
Alice Springer
Main Address
2195 NE 27TH ST, MCMINNVILLE, OR, 97128
NTEE Category
Code: Z99Z - Unknown
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