Overview
What is Cascade Housing Association?
Cascade Housing Association is a nonprofit organization dedicated to alleviating poverty by providing decent and affordable rental housing for low-income individuals and families. With a mission to make a significant impact, the association manages and operates a total of 978 units across various apartment complexes, including Boulder Creek Housing in Oroville, CA, Truckee Pines in Truckee, CA, Fawnbrook Investments LLC in Twin Falls, ID, Marsh Creek Apartments in Brentwood, CA, The Kearney House in Portland, OR, Fifth Avenue Court Apartments in Portland, OR, Oakridge Apartments in Grass Valley, CA, Cedar Park Apartments in Grass Valley, CA, Kennedy Meadows in Jackson, CA, and 1121 Coburg Road LLC in Eugene, OR. The organization's primary function since its inception has been to offer affordable housing to qualified low-income individuals and families, as recognized by both federal and state agencies. The association currently employs a team of 5 individuals to accomplish its mission.
Official website here: www.cascadehousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Cascade Housing Association has achieved a Three-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The charity scored an impressive 81% in this category, which is primarily based on the effectiveness of its governance and transparency measures. The organization benefits from a fully independent board, demonstrating a commitment to ethical oversight and decision-making.
The financial health of Cascade Housing Association is further highlighted by its complete compliance in areas such as audit quality and the absence of any material diversion of assets. Additionally, the charity maintains an excellent program expense ratio of 98.87%, indicating that the majority of its funds are directed towards its mission rather than administrative costs.
However, the organization's liabilities to assets ratio at 79.75% has resulted in a lower score in that specific area. This may suggest potential financial risks that could affect its long-term sustainability. Overall, while the charity demonstrates strong management practices and a dedication to its goals, stakeholders should remain informed about its financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Cascade Housing Association legitimate?
Cascade Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cascade Housing Association 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: $296,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,972
For more financial information, click here
Official website here: www.cascadehousing.org
What is the mission statement of Cascade Housing Association?
The Cascade Housing Association is dedicated to alleviating the hardships of impoverished individuals and families. So far, its most significant accomplishment has been providing affordable rental housing to those with qualified low incomes, as determined by various federal and state agencies. The organization manages and operates a total of 978 units across multiple apartment complexes. These complexes offer decent and affordable housing to help improve the living situations of their residents. Some of the apartment complex names include Boulder Creek Housing, Truckee Pines, Fawnbrook Investments LLC, Marsh Creek Apartments, The Kearney House, Fifth Avenue Court Apartments, Oakridge Apartments, Cedar Park Apartments, Kennedy Meadows, and Glenbrook Apartments.
Official website here: www.cascadehousing.org
Who is the CEO of Cascade Housing Association?
Rodger Terrall is the President of Cascade Housing Association.
Official website here: www.cascadehousing.org
What is the revenue of Cascade Housing Association?
Cascade Housing Association's revenue in 2022 was $13,546,966.
Official website here: www.cascadehousing.org
Who are the executives of Cascade Housing Association and what are their salaries?
The average compensation at Cascade Housing Association during 2022 was $97,121. There are 5 employees at Cascade Housing Association.
Here are 9 key members and their salaries:
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $140,717
- Related: $0
- Other: $818
- Compensation: $128,383
- Related: $0
- Other: $21,714
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
Official website here: www.cascadehousing.org
Where can I find the form 990 for Cascade Housing Association?
Cascade Housing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cascadehousing.org
Learn more at the official website: www.cascadehousing.org
Mission Statement of Cascade Housing Association
Cascade Housing Association, an organization dedicated to alleviating poverty and improving the living situations of the underprivileged, has made its most notable impact by providing affordable rental housing to individuals and families with qualified low incomes. The organization's mission is geared towards offering decent and affordable accommodation options to those in need.
With a substantial portfolio of 978 units across various affordable housing complexes, Cascade Housing Association has touched the lives of numerous individuals and families. Some of these complexes include Boulder Creek Housing in Oroville, Truckee Pines in Truckee, Fawnbrook Investments LLC in Twin Falls, Marsh Creek Apartments in Brentwood, The Kearney House in Portland, Fifth Avenue Court Apartments in Portland, Oakridge Apartments in Grass Valley, Cedar Park Apartments in Grass Valley, Kennedy Meadows in Jackson, and Glenbrook Apartments in Grass Valley. Each of these complexes offers a haven for low-income residents, providing them with stable housing and a sense of community.
Cascade Housing Association's commitment to its mission extends beyond the provision of housing. By prioritizing the needs of the underprivileged and striving to make a difference in their lives, the organization continues to play a vital role in improving the living situations and overall well-being of the individuals and families it serves.
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Impact
October, 2024
Cascade Housing Association significantly impacts the lives of low-income individuals and families by providing access to decent, affordable rental housing across multiple locations. With a total of 978 housing units managed, it plays a crucial role in alleviating housing insecurity for qualified households in various regions, including California, Oregon, and Idaho. This organization specifically targets those facing economic hardships, ensuring that they have a safe and stable place to live.
The properties managed by Cascade Housing Association include a diverse range of apartment complexes, such as Boulder Creek Housing, Truckee Pines, and Marsh Creek Apartments, among others. Each of these complexes is designed to meet the needs of low-income residents, offering them not just shelter but also a sense of community and belonging. By addressing the urgent housing needs of the underserved, Cascade Housing Association contributes to the overall improvement of living conditions and enhances the quality of life for many vulnerable populations.
Additionally, by focusing on affordable housing, Cascade Housing Association fosters economic stability within neighborhoods, allowing families to allocate resources toward other essential needs such as education, healthcare, and employment. In doing so, its work not only relieves immediate housing challenges but also empowers individuals and families to achieve greater self-sufficiency and resilience in the long term.
This information is meant to be a general summary of Cascade Housing Association. 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: $216,239
- Program Service Revenue: $13,330,727
- Gross Receipts: $13,546,966
Assets and Liabilities:
- Total Assets: $86,699,113
- Total Liabilities: $69,149,725
- Net Assets: $17,549,388
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$13,113,673
TENANT CHARGES
Revenue
$298,628
OTHER PROGRAM SERVICE ENTITY
Revenue
$60,960
MANAGEMENT FEE INCOME
Revenue
$54,520
INCENTIVE MANAGMENT FEE INCOM
Revenue
$16,092
Organization Details
Founding Year
1993
Phone
(541) 726-6181Principal Officer
Rodger Terrall
Main Address
PO BOX 182, SPRINGFIELD, OR, 974770025
Website
www.cascadehousing.orgNTEE Category
Code: L21 - Housing
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