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Reach Community Development Inc

Reach Community Development Inc

Portland, OR 97239
Tax ID93-0813981

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About this organization

Revenue

$19,051,797

Expenses

$17,195,162

Website

reachcdc.org

Mission

A healthy community begins at home. Reach's mission is to create quality, affordable housing and opportunities for individuals, families and communities to thrive. Reach is a private, nonprofit community development corporation, started in 1982 in response to neighbors' concern about deteriorating housing conditions in their Southeast Portland neighborhood. Today, Reach owns and manages a portfolio of over 3,000 units of affordable housing located across the metropolitan region, including properties in Multnomah, Washington and Clark Counties.

About

Property management and housing development program: Reach has developed or preserved over 2,300 affordable rental apartment homes(units) for people with low-incomes. Reach serves a diverse population including individuals, families, people with special needs, the formerly homeless, and elderly. Reach provides internally property management, maintenance, and asset management for its properties. In 2018 Reach opened one new building, Orchards III, with 52 apartments serving low-income families, and broke ground on 2 new communities, scheduled to open in 2019.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “Reach develops and manages quality affordable apartment homes and provides opportunities for individuals, families and communities to thrive through supportive programs. reach serves the portland metropolitan and sw washington region.”.

When explaining its duties, they were described as: “Reach develops and manages quality affordable apartment homes and provides opportunities for individuals, families and communities to thrive through supportive programs. reach serves the portland metropolitan and sw washington region.”.

  • The state in which the non-profit is authorized to operate legally is OR.
  • According to the filing, the address of the non-profit for the year 2020 is 4150 SW MOODY AVENUE, PORTLAND, OR, 97239.
  • The non-profit has reported 175 employees on their form for the year 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,856,635.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 1982.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $7,639,800 in salary, compensation, and benefits to its employees.
  • The organization pays $393,951 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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