Farmworker Housing Development Corporation
- Assets
- $41.7m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Woodburn, OR
- Founding
- 11/1995
- Data as of
- 12/2022
- EIN
- 93-1055994
Organization Overview
Farmworker Housing Development Corporation is located in Woodburn, OR. The organization was established in 1995. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Farmworker Housing Development Corporation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farmworker Housing 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 12/2022, Farmworker Housing Development Corporation generated $8.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 15.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECOGNIZING THE VITAL CONTRIBUTION OF FARMWORKERS TO OUR ECONOMY, THE MISSION OF FHDC IS TO DEVELOP FARMWORKER LEADERSHIP FOR STRONGER AND MORE SECURE FAMILIES AND COMMUNITIES THROUGH AFFORDABLE HOUSING, SOCIAL SERVICES, EDUCATION AND ECONOMIC DEVELOPMENT.WE CARRY OUT THIS MISSION BY PURSUING THESE GOALS: TO DEVELOP AND MANAGE AFFORDABLE HOUSING LOCATED WITHIN URBAN GROWTH BOUNDARIES; TO PROVIDE SOCIAL SERVICES THAT PROMOTE PERSONAL AND ECONOMIC SELF-SUFFICIENCY; TO INCLUDE FARMWORKERS IN DECISION-MAKING AND ONGOING PROJECT MANAGEMENT; TO DEVELOP AND SUPPORT THE LEADERSHIP OF FARMWORKERS WITHIN THE LARGER COMMUNITY; AND TO BUILD AND STRENGTHEN COMMUNITY PARTNERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
FHDC PROVIDES AFTER SCHOOL AND EARLY CHILDHOOD EDUCATION PROGRAMS THAT PROMOTE SCHOOL READINESS, REDUCE DROPOUT RATES, AND ENCOURAGE HIGH SCHOOL GRADUATION. FHDC BELIEVES EDUCATION LEADS TO A GREATER CIVIC PARTICIPATION AND HEALTHIER COMMUNITIES. THE CIPRIANO FERREL EDUCATION CENTER IS A MULTI-PURPOSE COMMUNITY FACILITY DEVELOPED AND OWNED BY FHDC TO SERVE PRIMARILY THE EDUCATIONAL NEEDS OF NUEVO AMANECER RESIDENTS, A FARMWORKER MULTI-FAMILY DEVELOPMENT IN WOODBURN, OREGON. THE FACILITY IS ALSO AVAILABLE TO OTHER RESIDENTS AND THE COMMUNITY.
FHDC OWNS AND OPERATES FARMWORKER HOUSING IN WOODBURN, STAYTON, AND SUBLIMITY, OREGON. ESPERANZA COURT, SUMMERSET, AND WESTSIDE HOUSING PROJECTS ARE RENTAL UNITS WITH 12, 24 AND 24 UNITS RESPECTIVELY. DUE TO THE REQUIREMENTS OF THE VARIOUS SOURCES OF FUNDING USED IN FINANCING AFFORDABLE HOUSING, FHDC IS REQUIRED TO MAINTAIN THE HOUSING FOR AFFORDABLE PURPOSES OVER VARYING AMOUNTS OF TIME UP TO 50 YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Elena Guerra Executive Dir. | Officer | 40 | $106,542 |
Elias Villegas President | OfficerTrustee | 1 | $0 |
Reyna Lopez Secretary | OfficerTrustee | 1 | $0 |
Mark J Wilk Secretary | Trustee | 1 | $0 |
Larry Kleinman Treasurer | Trustee | 1 | $0 |
Wendy Veliz Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Innovation Law Legal | 12/30/22 | $0 |
Pueblo Unido Pdx Legal | 12/30/22 | $0 |
Euvalcree Social Services | 12/30/22 | $0 |
De Rose Community Bridge & Holistic Wellness Social Services | 12/30/22 | $0 |
Centro Latino Americano Social Services | 12/30/22 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,723,097 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,249,037 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,972,134 |
| Total Program Service Revenue | $4,553,444 |
| Investment income | $212,175 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $8,430,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,221 |
| Compensation of current officers, directors, key employees. | $15,405 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $582,661 |
| Pension plan accruals and contributions | $17,146 |
| Other employee benefits | $92,105 |
| Payroll taxes | $74,205 |
| Fees for services: Management | $4,674 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $474,678 |
| Advertising and promotion | $0 |
| Office expenses | $87,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,787 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $131,297 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $867,182 |
| Insurance | $88,218 |
| All other expenses | $0 |
| Total functional expenses | $3,755,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,534,805 |
| Savings and temporary cash investments | $1,780,006 |
| Pledges and grants receivable | $312,447 |
| Accounts receivable, net | $12,508 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,545,602 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $94,167 |
| Net Land, buildings, and equipment | $14,175,689 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $5,856,245 |
| Intangible assets | $0 |
| Other assets | $14,418,376 |
| Total assets | $41,729,845 |
| Accounts payable and accrued expenses | $2,660,779 |
| Grants payable | $0 |
| Deferred revenue | $924,135 |
| 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 | $9,712,575 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $131,235 |
| Total liabilities | $13,428,724 |
| Net assets without donor restrictions | $27,648,384 |
| Net assets with donor restrictions | $652,737 |
| 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 | $41,729,845 |