Community Development Corporation Of Oregon
- Assets
- $9.9m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 44
- Location
- Gresham, OR
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-1475038
Organization Overview
Community Development Corporation Of Oregon, operating under the name Rockwood Cdc, is located in Gresham, OR. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Rockwood Cdc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockwood Cdc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Rockwood Cdc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 60.9% each year . All expenses for the organization totaled $5.6m during the year ending 12/2023. While expenses have increased by 64.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY BASED PROGRAM THAT WORKS TO ELIMINATE POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EAST COUNTY COMMUNITY HEALTH: PROVIDED A WIDE RANGE OF HEALTH SERVICES TO THE COMMUNITY THAT IN 2023 INCLUDED COVID VACCINATIONS AND RELIEF, TOBACCO CESSATION, AS WELL AS OREGON HEALTH PLAN REGISTRATION ASSISTANCE.
EAST COUNTY HOUSING DIVISION: PROVIDED HOUSELESS TRANSITION SERVICES BOTH IN THE SHELTER BUILDING AND FOR HOUSELESS CLIENTS LIVING OUTSIDE. PROGRAMS INCLUDE JOB TRAINING, BUSINESS ASSISTANCE, DEBT COUNSELING, RENT AND OTHER HOUSING ASSISTANCE, AND DEVELOPMENT PROJECTS FOR FUTURE HOUSING LOCATIONS.
ECONOMIC DEVELOPMENT DIVISION: PRIMARY ACTIVITIES INCLUDED THE BUSINESS BRIDGE PROGRAM FUNDED BY THE US SBA, AS WELL AS COMMUNITY HEALTH WORKER TRAINING. THE DIVISION INCLUDES THE ROCKWOOD FOOD SYSTEMS COLLABORATIVE WHICH USED FOOD, NUTRITIONAL EDUCATION, BUSINESS INCUBATION AND AGRICULTURAL DEVELOPMENT AS TOOLS TO HELP NEIGHBOR ASSISTANCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Ketch President | OfficerTrustee | 40 | $228,223 |
Marcel Newsome Treasurer | OfficerTrustee | 2 | $0 |
Elaine Edrington Secretary | OfficerTrustee | 2 | $0 |
Martin Campos-Davis Director | Trustee | 2 | $0 |
Bill Kieselhorst Director | Trustee | 2 | $0 |
Toni Kelich Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greater New Hope Family Services Shelter Services Under Contract | 12/30/23 | $1,178,493 |
Nho Chau Dba Bamboo Construction Building Improvements | 12/30/23 | $717,600 |
Outgrowing Hunger Assistance With Farming And Food-based S | 12/30/23 | $209,678 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,906,555 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,639 |
| Noncash contributions included in lines 1a–1f | $44,172 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,290,194 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,114 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,330,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,825 |
| Grants and other assistance to domestic individuals. | $1,791,624 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $555,111 |
| Compensation of current officers, directors, key employees. | $209,803 |
| Compensation to disqualified persons | $1,328,905 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,488 |
| Other employee benefits | $127,429 |
| Payroll taxes | $124,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,645 |
| Fees for services: Accounting | $139,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $437,500 |
| Advertising and promotion | $2,198 |
| Office expenses | $66,246 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,286 |
| Travel | $64,212 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,983 |
| Interest | $168,317 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $379,501 |
| Insurance | $53,214 |
| All other expenses | $0 |
| Total functional expenses | $5,556,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $713,970 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,057,065 |
| Accounts receivable, net | $7,800 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,167 |
| Net Land, buildings, and equipment | $8,111,330 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $15,000 |
| Other assets | $5,924 |
| Total assets | $9,923,256 |
| Accounts payable and accrued expenses | $641,979 |
| Grants payable | $0 |
| Deferred revenue | $900,823 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,300,000 |
| Unsecured mortgages and notes payable | $599,629 |
| Other liabilities | $146,098 |
| Total liabilities | $3,588,529 |
| Net assets without donor restrictions | $6,259,727 |
| Net assets with donor restrictions | $75,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,923,256 |
Grants Awarded
Over the last fiscal year, Community Development Corporation Of Oregon has awarded $49,825 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FREEDOM FOURSQUARE CHURCH PURPOSE: CHARITABLE | $34,325 |
PORTLAND ADVENTIST COMMUNITY SERVICES MOBILE PANTRY PURPOSE: CHARITABLE | $15,500 |