Overview
What is Resources For Community Development?
Resources for Community Development, based in Berkeley, California, is a reputable nonprofit organization focused on real estate development. They have an impressive track record of creating and preserving affordable housing and community-serving facilities. Their portfolio includes a significant number of multi-family, senior, and special needs properties that offer rental apartments. Approximately one-third of their units are reserved for individuals with special needs. As an industry leader, they employ green building construction methods. The mission of Resources for Community Development is to build communities and enrich lives by creating and preserving affordable housing for those who have the fewest options. Their team consists of 46 dedicated employees.
Official website here: www.rcdhousing.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Star rating)
Resources For Community Development has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. This high score is derived solely from its exceptional performance in financial metrics, particularly in transparency and governance practices. The organization demonstrates that it effectively manages its resources, ensuring a high level of accountability to its stakeholders.
The nonprofit boasts a fully independent board, enhancing its governance integrity, and exhibits robust financial health with a low liability-to-assets ratio. With 86.71% of its expenses directed towards programs, it shows a clear dedication to its mission and effective use of funds. Policies such as conflict of interest and whistleblower protections further underscore its commitment to ethical operations.
Despite its strengths, the summary does not highlight any specific challenges or limitations faced by the organization. Overall, Resources For Community Development stands out for its transparency and effective management practices, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Resources For Community Development?
94% of 12 reviewers on Facebook recommend Resources For Community Development. Here is a summary of their reviews:
The overwhelming sentiment towards the nonprofit highlights a strong level of satisfaction among participants. Many recognize the organization as providing exceptional support and quality services. Reviewers express a sense of appreciation for the dedication and effectiveness of the programs in fostering community development.
Overall, Resources For Community Development appears to deliver on its commitments, earning praise for its impactful contributions.
This AI summary has been generated from reviews found on Facebook.
Is Resources For Community Development legitimate?
Resources For Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resources For Community Development 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.
Official website here: www.rcdhousing.org
What is the mission statement of Resources For Community Development?
Resources for Community Development is a dedicated organization that focuses on creating and preserving affordable housing for individuals with limited options. By doing so, they aim to build strong communities and enrich lives. Through their real estate development projects, they have a proven track record of developing and preserving a variety of affordable housing and community-serving facilities, including multi-family, senior, and special needs properties that offer rental apartments. Approximately one-third of their portfolio is allocated for individuals with special needs. Resources for Community Development is also a pioneer in utilizing green building construction methods in their projects.
Official website here: www.rcdhousing.org
Who is the CEO of Resources For Community Development?
Dan Sawislak is the Ceo of Resources For Community Development.
Official website here: www.rcdhousing.org
What is the revenue of Resources For Community Development?
Resources For Community Development's revenue in 2021 was $13,607,854.
Official website here: www.rcdhousing.org
Who are the executives of Resources For Community Development and what are their salaries?
Where can I find the form 990 for Resources For Community Development?
Resources For Community Development's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.rcdhousing.org
Learn more at the official website: www.rcdhousing.org
Mission Statement of Resources For Community Development
Resources for Community Development, a renowned nonprofit organization, is committed to creating and preserving affordable housing for individuals with the fewest options. By doing so, the organization aims to build strong communities and enrich lives. With a robust track record in real estate development, Resources for Community Development has successfully developed and preserved numerous affordable housing units and community-serving facilities. These facilities include multi-family, senior, and special needs properties, providing rental apartments for a significant number of residents. Approximately one-third of the organization's portfolio is reserved for individuals with special needs.
In addition to its housing initiatives, Resources for Community Development is a pioneer in utilizing green building construction methods. This eco-conscious approach not only reduces the environmental impact of the organization's developments but also contributes to the overall well-being of the residents. By integrating sustainability into its mission, Resources for Community Development demonstrates its commitment to creating thriving, sustainable communities. Through its dedication to affordable housing and eco-friendly construction, Resources for Community Development is making a difference in the lives of countless individuals and families.
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Impact
October, 2024
Resources For Community Development significantly impacts the community by creating and preserving affordable housing options for individuals facing the most challenging circumstances. Through its real estate development efforts, it has established a strong record of building and maintaining multi-family, senior, and special needs properties that provide essential rental apartments.
Approximately one-third of the housing units managed by Resources For Community Development are specifically reserved for individuals with special needs, addressing a critical gap in the housing market. Additionally, the organization emphasizes sustainability by incorporating green building construction methods into its projects, reflecting a commitment to environmental stewardship while enhancing the quality of life for residents.
By focusing on both affordability and accessibility, Resources For Community Development not only helps individuals secure stable housing but also fosters a sense of community and enriches the lives of its residents.
This information is meant to be a general summary of Resources For Community Development. 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 2021.
- Investment Income: $585,157
- Program Service Revenue: $9,734,755
- Gross Receipts: $13,613,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEES
Revenue
$6,385,180
MANAGEMENT FEES
Revenue
$2,928,343
RENTAL INCOME
Revenue
$2,432,776
DEBT FORGIVENESS
Revenue
$723,065
MISCELLANEOUS
Revenue
$148,451
Organization Details
Founding Year
1984
Phone
(510) 841-4410Principal Officer
Dan Sawislak
Main Address
2220 OXFORD STREET, BERKELEY, CA, 94704
Website
www.rcdhousing.orgNTEE Category
Code: L20 - Housing
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