Hacienda Community Development Corporation

Organization Overview

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 06/2021, Hacienda Community Development Corporation employed 55 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 06/2021, Hacienda Community Development Corporation generated $14.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $9.0m during the year ending 06/2021. While expenses have increased by 10.7% per year over the past 6 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 15 individual grants totaling $155,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

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 9 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. WITH 540 NEW AFFORDABLE HOMES IN DEVELOPMENT/CONSTRUCTION, HACIENDA IS A KEY PARTNER IN GROWING THE NUMBER OF AFFORDABLE HOMES AVAILABLE FOR LOW-INCOME INDIVIDUALS AND FAMILIES IN THE REGION. THIS INCLUDES LAS ADELITAS, 142 NEW AFFORDABLE HOMES IN THE CULLY NEIGHBORHOOD (OPENING FALL 2022); ROCKWOOD VILLAGE, 224 NEW AFFORDABLE HOMES IN GRESHAM WHICH THEY ARE CO-DEVELOPING WITH COMMUNITY DEVELOPMENT PARTNERS (CDP) (OPENING SEPTEMBER 2021 FEBRUARY 2022); AND THE MAPLES, 175 NEW AFFORDABLE HOMES IN OREGON CITY, ALSO CO-DEVELOPING WITH CDP (CONSTRUCTION SCHEDULED TO START SPRING 2022).


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 WHICH SERVES YOUTH GRADES K-8; NIOS, HACIENDAS EARLY CHILDHOOD EDUCATION PROGRAM, SERVES LATINO CHILDREN THROUGHOUT MULTNOMAH COUNTY WITH HOME VISITING, EDUCATIONAL WORKSHOPS AND PARENTING SUPPORT GROUPS; 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; RESIDENT SERVICES PROGRAM OFFERS ONGOING SUPPORT TO RESIDENTS TO ENSURE THEIR HOUSING STABILITY WITH RESOURCES SUCH AS RENT, UTILITY AND TRANSPORTATION ASSISTANCE AND BUILDS CONNECTIONS TO RESOURCES AND THE COMMUNITY.


ECONOMIC OPPORTUNITY: STARTED IN 2006, THE ECONOMIC OPPORTUNITY PROGRAM FORMS A CENTRAL PIECE OF HACIENDAS STRATEGY TO HELP FAMILIES BUILD AND PROTECT THEIR ASSETS. AS A HUD-APPROVED HOUSING COUNSELING AGENCY WITH A TEAM OF CERTIFIED COUNSELORS, HACIENDA STAFF PROVIDE FINANCIAL COACHING AND WORK WITH FAMILIES ONE-ON-ONE TO ASSIST THEM IN MAKING THE BEST FINANCIAL CHOICES FOR THEIR HOUSEHOLD. THE CAMINO A CASA/PRE-PURCHASE PROGRAM PREPARES PROSPECTIVE HOMEBUYERS FOR OWNING A FIRST HOME. CLIENTS WORK WITH HACIENDAS FINANCIAL COACHES AND HUD-CERTIFIED HOUSING COUNSELORS THROUGHOUT THE ENTIRETY OF THE HOME-BUYING PROCESS. IN ADDITION TO MORTGAGE-READINESS AND FINANCIAL FITNESS WORKSHOPS, THEY PROVIDE A NUMBER OF OPPORTUNITIES FOR DOWN-PAYMENT ASSISTANCE. CLIENTS CAN ALSO JOIN LENDING CIRCLES TO IMPROVE THEIR CREDIT, AND ARE ASSISTED WITH OPENING INDIVIDUAL DEVELOPMENT ACCOUNTS (IDAS) WHICH PROVIDE 3-1 MATCHING DOLLARS FOR DOWN PAYMENTS. THE FORECLOSURE PREVENTION PROGRAM PROVIDES SUPPORT TO HOMEOWNERS AT RISK OF FORECLOSURE. THIS IS ACCOMPLISHED BY MEANS OF A HOLISTIC AND COACHING-BASED APPROACH IN WHICH POSSIBLE SOLUTIONS FOR HOME RETENTION ARE IDENTIFIED AND EXPLORED. SERVICES ARE FREE OF CHARGE.


MERCADO EMPRESARIOS: HACIENDAS MERCADO EMPRESARIOS SUPPORTS ENTREPRENEURS THROUGH PERSONALIZED TECHNICAL ASSISTANCE TO LAUNCH AND SCALE THEIR BUSINESSES, FOCUSING ON WOMEN-, MINORITY- AND IMMIGRANT-OWNED BUSINESSES. THE CENTERPIECE IS THE PORTLAND MERCADO, A BUSINESS INCUBATOR WITH 18 ON- SITE BUSINESSES AND A SLIDING-SCALE COMMERCIAL KITCHEN. BEYOND THE WALLS OF THE MERCADO, HACIENDAS BILINGUAL/BICULTURAL BUSINESS ADVISORS PROVIDE ONE-ON-ONE TECHNICAL ASSISTANCE TO MORE THAN 75 ENTREPRENEURS, HOST SPANISH-LANGUAGE SMALL BUSINESS BOOTCAMPS, A MONTHLY NETWORKING SEMINAR AND A VARIETY OF EVENTS AND SALES OPPORTUNITIES FOR ENTREPRENEURS. HACIENDAS MERCADO EMPRESARIOS PROGRAM IS A CRITICAL PART OF THE BIPOC ENTREPRENEURIAL LANDSCAPE IN THE REGION, A ROLE THAT HAS ONLY GROWN DURING THE PANDEMIC.


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Board, Officers & Key Employees

Name (title)Compensation
Ernesto Fonseca
CEO
$134,036
Barbara Crowley-Alexander
CFO
$104,986
Carolina Castaneda Del Rio
COO
$103,400
Peter Platt
Chair
$0
Javier Alomia
Vice Chair
$0
Don Krogh
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Xenium
Hr Consulting
$102,612
Salazar Architect Inc
Architecture
$989,790
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$162,211
Related organizations$0
Government grants $6,326,908
All other contributions, gifts, grants, and similar amounts not included above$1,301,232
Noncash contributions included in lines 1a–1f $15,126
Total Revenue from Contributions, Gifts, Grants & Similar$7,790,351
Total Program Service Revenue$4,931,641
Investment income $99,688
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,950,239
Net Income from Fundraising Events -$18,871
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,753,048

Grants Awarded

Over the last fiscal year, Hacienda Community Development Corporation has awarded $155,000 in support to 15 organizations.

Grant RecipientAmount

ROUNDHOUSE FOODS LLC

PURPOSE: COVID-19 RELIEF

$15,000

DIASPORA COFFEE & CHAI CO LLC

PURPOSE: COVID-19 RELIEF

$15,000

RBAENA LLC

PURPOSE: COVID-19 RELIEF

$15,000

TIENDA DONA MARIA

PURPOSE: COVID-19 RELIEF

$15,000

THE WINE NOMAD

PURPOSE: COVID-19 RELIEF

$15,000

TOTAL BUSINESS & TAX SOLUTIONS LLC

PURPOSE: COVID-19 RELIEF

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hacienda Community Development Corporation has recieved totaling $25,000.

Awarding OrganizationAmount
Social Venture Partners Portland

Portland, OR

PURPOSE: SVP GENERAL OPERATING GRANTS

$25,000
View Grant Recipient Profile

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