Overview
What is Sabin Community Development Corp?
Sabin Community Development Corp is a nonprofit organization situated in Portland, Oregon, specifically at 1488 NE Albert Street. Their primary mission is to preserve and enhance the livability of culturally diverse neighborhoods in inner North/Northeast Portland. They accomplish this by ensuring the continued availability of long-term, affordable housing for their low and moderate-income residents. To achieve this goal, Sabin Community Development Corp manages 117 units of affordable rental housing, collaborates with 13 land trust homeowners, and works with 9 limited equity lease purchase homeowners. Their objective is to help primarily African American households, who might otherwise be displaced due to gentrification, retain their homes and grow within their community, ultimately ageing in place. With a team of 21 employees, Sabin Community Development Corp is dedicated to maintaining a diverse community in the neighborhoods that have been significantly impacted by gentrification over the past 30 years.
Official website here: www.sabincdc.org
Is Sabin Community Development Corp legitimate?
Sabin Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sabin 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $561,572
For more financial information, click here
What is the mission statement of Sabin Community Development Corp?
Sabin Community Development Corp's mission is centered around preserving and enhancing livability for all residents in culturally diverse neighborhoods. This organization strives to ensure the availability of long-term affordable housing for its low and moderate income residents, thereby preventing displacement due to gentrification. By providing affordable housing, Sabin Community Development Corp enables primarily African American households to maintain their homes and grow in these communities, ultimately allowing them to age in place. The corporation owns and manages 117 units of affordable rental housing and collaborates with land trust homeowners and limited equity lease purchase homeowners to achieve its mission.
Official website here: www.sabincdc.org
Who is the CEO of Sabin Community Development Corp?
Mary Schoen-Clark is the Director of Sabin Community Development Corp.
Official website here: www.sabincdc.org
What is the revenue of Sabin Community Development Corp?
Sabin Community Development Corp's revenue in 2022 was $2,798,143.
Official website here: www.sabincdc.org
Who are the executives of Sabin Community Development Corp and what are their salaries?
The average compensation at Sabin Community Development Corp during 2022 was $26,742. There are 21 employees and 40 volunteers at Sabin Community Development Corp.
Here are 7 key members and their salaries:
- Alex Aleeman (Director)
- Samuael Cole (Director)
- Justin Reeves Meyer (Director)
- Doris Stevenson (Director)
- Jilian Saurage Felton (Treasurer)
- Robyn Harris Ford (Secretary)
- Harvey Rice (Chairperson)
Official website here: www.sabincdc.org
Where can I find the form 990 for Sabin Community Development Corp?
The Sabin Community Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.sabincdc.org
Learn more at the official website: www.sabincdc.org
Mission Statement of Sabin Community Development Corp
Sabin Community Development Corp, a nonprofit organization, is dedicated to preserving and enhancing the livability of culturally diverse neighborhoods in inner north/northeast Portland. Their primary mission is to ensure the availability of long-term affordable housing for low and moderate-income residents, thereby preventing displacement due to gentrification. By providing affordable housing, primarily for African American households, Sabin Community Development Corp allows these residents to grow, thrive, and age in place, contributing positively to the neighborhoods. The organization manages 117 units of affordable rental housing, collaborates with land trust homeowners, and works with limited equity lease purchase homeowners to achieve this goal. Overall, Sabin Community Development Corp plays a vital role in maintaining a diverse community in neighborhoods that have been impacted by gentrification over the past three decades.
Impact
This information is meant to be a general summary of Sabin Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Sabin Community Development Corp plays a crucial role in preserving and enhancing the livability of culturally diverse neighborhoods in inner North/Northeast Portland. By ensuring the availability of long-term affordable housing for low and moderate-income residents, Sabin contributes significantly to retaining a diverse community that has been impacted by gentrification over the past 30 years.
With a focus on providing affordable housing primarily for African American households, Sabin owns and manages 117 units of affordable rental housing. Additionally, the organization collaborates with 13 land trust homeowners and 9 limited equity lease purchase homeowners, further expanding its impact on housing stability in the community.
Sabin's efforts not only prevent displacement but also enable residents to grow, thrive, and age in place within their neighborhoods. This commitment is essential for the well-being and resilience of the neighborhoods served by Sabin Community Development Corp.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$1,330,488
RENTAL INCOME
Revenue
$573,860
MANAGEMENT FEES
Revenue
$287,060
INTEREST INCOME
Revenue
$179,691
RESIDENT SERVICES
Revenue
$45,848
Organization Details
Founding Year
1992
Phone
(503) 287-3496
Principal Officer
Mary Schoen-Clark
Main Address
1488 NE ALBERTA STREET, PORTLAND, OR, 97211
Website
www.sabincdc.org
NTEE Category
Code: P21Z - Human services
If you are a representative of Sabin Community Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.