The Yamhill County Affordable Housing Corporation
The Yamhill County Affordable Housing Corporation
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About this organization
Revenue
$137,223
Expenses
$110,305
Mission
The Yamhill County Affordable Housing Corporation (YCAHC) is a nonprofit organization formed to act as the agent for administering and managing funds covered by the Oregon Community Development Block Grants. Grant funds are loaned to low and moderate income residents to rehabilitate their housing. YCAHC may use repaid loan funds to purchase, rehabilitate, and sell housing to low to moderate income citizens.
About
Serviced existing loans and made and serviced new loans for a total ending balance of 3,146,258. Loans are to rehabilitate and conserve housing of low or moderate income residents.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “The yamhill county affordable housing corporation (ycahc) is a nonprofit organization formed to act as the agent for administering and managing funds covered by the oregon communty development block grants. grant funds are loaned to low and moderate income residents to rehabilitate their housing. ycahc may use repaid loan funds to purchase, rehabilitate, and sell housing to low to moderate income citizens.”.
Their activities were defined as: “The yamhill county affordable housing corporation (ycahc) is a nonprofit organization formed to act as the agent for administering and managing funds covered by the oregon communty development block grants. grant funds are loaned to low and moderate income residents to rehabilitate their housing. ycahc may use repaid loan funds to purchase, rehabilitate, and sell housing to low to moderate income citizens.”.
- As per legal requirements, the non-profit's state of operation is reported as OR.
- The non-profit's address in 2020 as per the filing is 135 NE DUNN PLACE, MCMINNVILLE, OR, 97128.
- The form of the non-profit organization shows 0 employees as of 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 between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $26,918.
- The CEO's salary policy within the organization is not determined through a review and approval by an independent source.
- The organization has 8 independent voting members.
- The organization was formed in 2003.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.
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