Hacienda Community Development Corporation is located in Portland, OR. The organization was established in 1988. 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 06/2023, Hacienda Community Development Corporation employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hacienda Community Development Corporation 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 06/2023, Hacienda Community Development Corporation generated $32.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $11.7m during the year ending 06/2023. While expenses have increased by 11.5% per year over the past 8 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.
Since 2021, Hacienda Community Development Corporation has awarded 64 individual grants totaling $626,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION DEVELOPS AFFORDABLE HOUSING AND PROVIDES SUPPORTIVE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFORDABLE HOUSING AND COMMERCIAL PROPERTY DEVELOPMENT AND MANAGEMENT: IN ADDITION TO 13 RESIDENTIAL PROPERTIES, HACIENDA DEVELOPED AND OPERATES THE ADMINISTRATIVE OFFICE BUILDING WHICH INCLUDES TWO COMMERCIAL SPACES; THE PORTLAND MERCADO, A SMALL BUSINESS AND FOOD SERVICES INCUBATOR, PUBLIC MARKET, PLAZA, AND FOOD CART POD; AND THE BALTAZAR F. ORTIZ COMMUNITY CENTER (ORTIZ CENTER), WHICH HOUSES A COUNTY HEALTH CLINIC AND FAMILY RESOURCE CENTER. IN 2023, HACIENDA IS CO-DEVELOPING LAS FLORES (FORMERLY THE MAPLES) WITH COMMUNITY DEVELOPMENT PARTNERS. THIS 171-UNIT MULTI-FAMILY AFFORDABLE HOUSING DEVELOPMENT IN OREGON CITY OPENED IN LATE 2023. IN 2023, HACIENDA BEGAN DEVELOPING LAS ADELTIAS, 142 UNIT, MULTIFAMILY DEVELOPMENT, THAT IS SCHEDULED TO OPEN IN 2024.
YOUTH AND FAMILY SERVICES: HACIENDAS YOUTH AND FAMILY SERVICES DEPARTMENT PROVIDES EDUCATIONAL AND SOCIAL SUPPORT TO CHILDREN AND PARENTS. THE PROGRAMS THEY DELIVERED ARE DESIGNED TO PROMOTE HEALTHY AND VIBRANT PARENT-CHILD RELATIONSHIPS, HELP CHILDREN REACH THEIR FULL POTENTIAL AND GIVE PARENTS THE TOOLS TO SUPPORT THEIR CHILD'S EDUCATIONAL AND EMOTIONAL DEVELOPMENT. HACIENDAS BILINGUAL AND BICULTURAL STAFF, IN COLLABORATION WITH OTHER CULTURALLY SPECIFIC COMMUNITY PARTNERS, ADMINISTER ALL YOUTH AND FAMILY SUPPORT PROGRAMS WHICH INCLUDE: EXPRESIONES, HACIENDAS AFTERSCHOOL AND SUMMER PROGRAM SERVED YOUTH AND THEIR PARENTS GRADES K-8 AND HIGH SCHOOL IN AFTERSCHOOL ENRICHMENT, CULTURAL ACTIVITIES, FAMILY OUTINGS, NATURE-BASED EDUCATION AND SCHOOL TRANSITION SUPPORT. SEMBRANDO SEMILLITAS, HACIENDAS EARLY CHILDHOOD EDUCATION PROGRAM, SERVED LATINO CHILDREN THROUGHOUT MULTNOMAH COUNTY WITH HOME VISITING, EDUCATIONAL WORKSHOPS AND PARENTING SUPPORT GROUPS, AND HEADSTART/PRESCHOOL TRANSITION. SUN YOUTH ADVOCACY PROVIDED CULTURALLY APPROPRIATE SUPPORT TO AT-RISK LATINO MIDDLE-SCHOOLERS AT GEORGE AND BEAUMONT MIDDLE SCHOOLS, AND ENDED THE PROGRAM IN JUNE 2023. ARROB@S, A NEW PROGRAM LAUNCHED IN 2020, IS FOCUSED ON ADVANCING STEM EDUCATION, DIGITAL LITERACY AND WORKFORCE READINESS FOR MIDDLE AND HIGH SCHOOL STUDENTS AND ADULTS. THEY PROVIDED INTERNET ACCESS AND DEVICE DISTRIBUTION TO BRIDGE DIGITAL ACCESS BARRIERS AT THREE LEARNING CENTERS. IN 2023, THEY EXPANDED TO INCLUDE A NEW LEARNING CENTER ON THE PORTLAND COMMUNITY COLLEGE CAMPUS. RESIDENT SERVICES PROGRAM OFFERED ONGOING SUPPORT TO RESIDENTS TO ENSURE THEIR HOUSING STABILITY WITH RESOURCES SUCH AS RENT, UTILITY AND TRANSPORTATION ASSISTANCE, IN ADDITION TO PROMOTING COMMUNITY SAFETY THROUGH EMERGENCY PREPAREDNESS AND COMMUNITY BUILDING. IN 2023, WE ADDED A NEW PROPERTY, LAS ADELITAS, WITH 162 NEW UNITS. OUR RESIDENT SERVICES PROGRAM NOW SERVES APPROXIMATELY 972 AFFORDABLE HOUSING UNITS.
ECONOMIC OPPORTUNITY: STARTED IN 2006, THE ECONOMIC OPPORTUNITY PROGRAM FORMS A CENTRAL PIECE OF HACIENDAS STRATEGY TO HELP FAMILIES BUILD AND PROTECT THEIR ASSETS AND FINANCIAL SECURITY. IT INCLUDES FOUR MAJOR PROGRAMS: - HOMEOWNERSHIP: HACIENDA IS A HUD-APPROVED HOUSING COUNSELING PROGRAM WITH A TEAM OF HUD CERTIFIED HOUSING ADVISORS. HACIENDA STAFF PROVIDES FINANCIAL COACHING AND WORKS WITH FAMILIES ONE-ON-ONE TO ASSIST THEM IN BECOMING MORTGAGE READY AND MAKING THE BEST FINANCIAL CHOICES ON THEIR PATH TOWARDS HOMEOWNERSHIP. THE HOMEOWNERSHIP PROGRAM INCLUDES: - THE PRE-PURCHASE PROGRAM PREPARES PROSPECTIVE HOMEBUYERS FOR OWNING A FIRST HOME. CLIENTS WORK WITH HACIENDAS HOUSING ADVISORS THROUGHOUT THE ENTIRETY OF THE HOME-BUYING PROCESS. IN ADDITION TO MORTGAGE-READINESS AND FINANCIAL FITNESS WORKSHOPS, THEY PROVIDE SEVERAL OPPORTUNITIES FOR DOWN- PAYMENT ASSISTANCE. CLIENTS ARE ASSISTED WITH OPENING INDIVIDUAL DEVELOPMENT ACCOUNTS (IDAS) WHICH PROVIDE VARIOUS DOLLAR MATCHING OPTIONS FOR DOWN PAYMENTS. THE PROGRAM INCLUDES A GROUP EDUCATION COMPONENT THROUGH THE PROVISION OF AN 8-HOUR CLASS WITH DETAILED INFORMATION ABOUT THE HOMEBUYING PROCESS. - THE DEFAULT INTERVENTION PROGRAM PROVIDES SUPPORT TO HOMEOWNERS AT RISK OF FORECLOSURE. HACIENDA'S CERTIFIED HOUSING COUNSELORS WORK WITH THOSE STRUGGLING FINANCIALLY TO IDENTIFY AND EXPLORE ALL AVAILABLE OPTIONS BASED ON THEIR SPECIFIC SITUATIONS. SERVICES ARE FREE OF CHARGE. -LENDING: THIS PROGRAM ALLOWS NEW HOMEBUYERS TO ACCESS A SECOND LOAN THROUGH HACIENDA -WITH A BETTER INTEREST RATE, TO COVER 20% OF THE MORTGAGE OF A HOME. THE FIRST MORTGAGE COMES FROM A LENDING INSTITUTION. THIS PROGRAM SUPPORTS CLIENTS BETWEEN THE 100% AND 120% OF THE AREA MEDIAN INCOME, WITH A LOAN OF UP TO 100K THAT CAN BE USED FOR DOWN PAYMENT ASSISTANCE, CLOSING COSTS AND/OR THE PAYMENT OF PRIVATE MORTGAGE INSURANCE. - EMPRESARIOS: HACIENDAS EMPRESARIOS PROGRAM SUPPORTS ENTREPRENEURS THROUGH PERSONALIZED TECHNICAL ASSISTANCE TO LAUNCH AND SCALE THEIR FOOD- RELATED BUSINESSES, WITH A FOCUS ON SUPPORTING WOMEN-, MINORITY- AND IMMIGRANT-OWNED BUSINESSES. THROUGH THE PROGRAM, WE PROVIDE CULTURALLY RELEVANT ONE-ON-ONE BUSINESS ADVISING SERVICES, BUSINESS AND FOOD-RELATED WORKSHOPS CUSTOMIZED TO THE NEEDS OF OUR CLIENTS, AND CONNECTIONS TO COMMUNITY RESOURCES AND SALES OPPORTUNITIES TO ACCELERATE OUR CLIENTS SUCCESS. WE ALSO PROVIDE OUR COMMUNITY WITH ACCESS TO A NON-PROFIT LICENSED, SLIDING-SCALE COMMERCIAL KITCHEN, BASED AT THE PORTLAND MERCADO, HACIENDAS COMMUNITY-BASED LATINO PUBLIC MARKET.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ernesto Fonseca CEO | Officer | 40 | $205,722 |
Jerome Sullivan CFO | Officer | 40 | $108,003 |
Barbara Crowley-Alexander CFO Through | Officer | 40 | $73,280 |
Javier Alomia Chair Eff. 5 | OfficerTrustee | 2.5 | $0 |
Jocelyn Bourgault Vice Chair | OfficerTrustee | 2.5 | $0 |
Angela Martin Secretary | OfficerTrustee | 2.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Gsi Builders Inc Contractor | 6/29/22 | $1,186,764 |
Evergreen Cleaning Services Cleaning | 6/29/22 | $104,259 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $227,881 |
Related organizations | $0 |
Government grants | $16,795,437 |
All other contributions, gifts, grants, and similar amounts not included above | $8,109,877 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,133,195 |
Total Program Service Revenue | $7,081,463 |
Investment income | $466,824 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$130,697 |
Net Income from Fundraising Events | -$90,059 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $32,544,890 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $61,070 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $338,433 |
Compensation of current officers, directors, key employees. | $160,650 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,713,815 |
Pension plan accruals and contributions | $59,173 |
Other employee benefits | $409,100 |
Payroll taxes | $374,723 |
Fees for services: Management | $193,632 |
Fees for services: Legal | $24,612 |
Fees for services: Accounting | $179,146 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $906,697 |
Advertising and promotion | $76,512 |
Office expenses | $118,202 |
Information technology | $74,909 |
Royalties | $0 |
Occupancy | $1,245,167 |
Travel | $78,118 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $580,304 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,169,381 |
Insurance | $272,897 |
All other expenses | $37,868 |
Total functional expenses | $11,650,009 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,174,155 |
Savings and temporary cash investments | $3,092,143 |
Pledges and grants receivable | $1,160,385 |
Accounts receivable, net | $2,103,082 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $45,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $309,753 |
Net Land, buildings, and equipment | $37,141,783 |
Investments—publicly traded securities | $3,092,143 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $7,436 |
Other assets | $8,489,594 |
Total assets | $63,615,474 |
Accounts payable and accrued expenses | $3,237,894 |
Grants payable | $0 |
Deferred revenue | $217,437 |
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 | $18,401,436 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,025,663 |
Total liabilities | $22,882,430 |
Net assets without donor restrictions | $30,635,841 |
Net assets with donor restrictions | $10,097,203 |
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 | $63,615,474 |
Over the last fiscal year, Hacienda Community Development Corporation has awarded $471,100 in support to 49 organizations.
Grant Recipient | Amount |
---|---|
HIPROVAC INC PURPOSE: COVID-19 RELIEF | $10,500 |
NATURAL CLEANING PDX LLC PURPOSE: COVID-19 RELIEF | $10,000 |
RBAENA LLC PURPOSE: COVID-19 RELIEF | $14,000 |
TOTAL BUSINESS & TAX SOLUTIONS LLC PURPOSE: COVID-19 RELIEF | $10,000 |
AMALIA SIERRA PURPOSE: COVID-19 RELIEF | $16,000 |
CAROLINAS CLEANING LLC PURPOSE: COVID-19 RELIEF | $14,000 |