Overview
What is Umpqua Community Development Corp?
Umpqua Community Development Corp, operating under the name NeighborWorks Umpqua, is a nonprofit organization situated in Roseburg, Oregon. With a team of 30 dedicated individuals, their primary mission is to provide affordable housing and contribute to community development. They achieve this by managing a portfolio of rental properties and offering essential resident services. The organization also serves as a platform for exchanging information, experiences, and perspectives concerning public and private housing within Oregon. Umpqua Community Development Corp actively participates in local, public, and private partnerships to create affordable housing and stimulate community-based economic development.
Official website here: www.nwumpqua.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Umpqua Community Development Corp has achieved an impressive 96% rating from Charity Navigator, placing it in the top tier of nonprofit organizations recognized for accountability and finance. This score is derived entirely from a comprehensive assessment of its financial practices, demonstrating a strong commitment to transparency and responsible management of resources.
The organization boasts a completely independent board, which is an essential factor in maintaining objectivity and integrity in its operations. With a high program expense ratio of 90.84%, Umpqua clearly prioritizes direct funding to its programs, ensuring that the majority of its resources are devoted to its mission rather than administrative costs.
Despite its strengths, the single beacon score indicates a reliance on financial metrics alone for evaluation. While this is a robust aspect of the organization, potential supporters may benefit from additional insights into Umpqua's programmatic impact and community engagement efforts. Overall, the nonprofit's transparency and financial health make it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Umpqua Community Development Corp legitimate?
Umpqua Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Umpqua 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: $144,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $994,515
For more financial information, click here
Official website here: www.nwumpqua.org
What is the mission statement of Umpqua Community Development Corp?
Umpqua Community Development Corp's mission is centered around providing a platform for the exchange of information, experiences, and perspectives regarding affordable housing within Oregon. The organization actively participates in collaborative efforts with local, public, and private entities to develop affordable housing and foster community-based economic development. Their primary activities include managing and maintaining a portfolio of rental properties, offering affordable housing, and providing resident services. The corporation aims to contribute to the creation of sustainable and affordable living spaces for individuals and communities in need.
Official website here: www.nwumpqua.org
Who is the CEO of Umpqua Community Development Corp?
Erica Mills is the Ceo of Umpqua Community Development Corp. The CEO's salary of Umpqua Community Development Corp is $126,617 and their total compensation is $146,548.
Official website here: www.nwumpqua.org
What is the revenue of Umpqua Community Development Corp?
Umpqua Community Development Corp's revenue in 2022 was $6,192,979.
Official website here: www.nwumpqua.org
Who are the executives of Umpqua Community Development Corp and what are their salaries?
The average compensation at Umpqua Community Development Corp during 2022 was $37,970. There are 30 employees and 80 volunteers at Umpqua Community Development Corp.
Here are 9 key members and their salaries (Umpqua Community Development Corp's CEO's salary is $126,617 and their total compensation is $146,548):
- Compensation: $126,617
- Related: $0
- Other: $19,931
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nwumpqua.org
Where can I find the form 990 for Umpqua Community Development Corp?
Umpqua Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwumpqua.org
Learn more at the official website: www.nwumpqua.org
Mission Statement of Umpqua Community Development Corp
Umpqua Community Development Corp is a nonprofit organization with a mission to facilitate the sharing of information, experience, and perspective concerning public and private housing within the state of Oregon. Their primary goal is to participate in local, public, and private partnerships, aiming to create affordable housing and community-based economic development. In practice, this mission translates into the provision of affordable housing, asset management, and resident services within a portfolio of rental properties. Umpqua Community Development Corp plays a crucial role in addressing the affordable housing needs of the community by offering low-income housing solutions and supporting the overall development of the local area.
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Impact
July, 2024
Umpqua Community Development Corp's impact lies in its provision of affordable housing and community development services. By offering low-income housing options, asset management, and resident services within its portfolio of rental properties, the organization plays a crucial role in addressing housing affordability issues in Roseburg, Oregon. Additionally, through its mission to facilitate the sharing of information and experiences related to public and private housing in Oregon, Umpqua Community Development Corp actively engages in partnerships to create affordable housing opportunities and support community-based economic development initiatives.
This information is meant to be a general summary of Umpqua 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 2022.
- Investment Income: $224,785
- Program Service Revenue: $3,816,170
- Gross Receipts: $6,192,979
Assets and Liabilities:
- Total Assets: $51,410,009
- Total Liabilities: $20,836,945
- Net Assets: $30,573,064
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,288,897
GRANT ADMINISTRATION
Revenue
$350,010
DEVELOPER FEE
Revenue
$83,740
PROPERTY MGMT FEE
Revenue
$66,000
WAGES REIMBURSEMENT
Revenue
$27,523
Organization Details
Founding Year
1991
Phone
(541) 673-4909Principal Officer
Erica Mills
Main Address
605 SE KANE STREET, ROSEBURG, OR, 97470
Website
www.nwumpqua.orgNTEE Category
Code: L20Z - Housing
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