STRATEGY STUDIO / PUBLIC DATA EXPLORER

COMMUNITY HOUSING III INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
COMMUNITY HOUSING III INC (EIN 01-0777882)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-16
IRS object ID
202543209349301009
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-16T09:49:34-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN333709623PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1350 GRANITE STREET SUITE 1200AddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010777882EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY HOUSING III INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOMMBusinessNameControlTxt
Phone5032310682PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14150 S MOODY AVENUEAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97239ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMEI LEEPersonNm
Person TitleCFOPersonTitleTxt
Phone5032310682PhoneNum
Signature2025-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOLANTA TUCKPreparerPersonNm
PTINP01340068PTIN
Phone7813803520PhoneNum
Preparation2025-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1FIR GROVE APARTMENTS LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerMARGARET SALAZARPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14150 S MOODY AVENUEAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97239ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$238,517GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressREACHCDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateORLegalDomicileStateCd
Activity Or MissionTO PROVIDE LOW-INCOME HOUSING TO LOW-INCOME, ELDERLY PERSONS IN PORTLAND, OREGONActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$121,092PYContributionsGrantsAmt
CY Contributions Grants$110,230CYContributionsGrantsAmt
PY Program Service Revenue$96,187PYProgramServiceRevenueAmt
CY Program Service Revenue$110,174CYProgramServiceRevenueAmt
PY Investment Income$3,199PYInvestmentIncomeAmt
CY Investment Income$3,540CYInvestmentIncomeAmt
PY Other Revenue$948PYOtherRevenueAmt
CY Other Revenue$14,573CYOtherRevenueAmt
PY Total Revenue$221,426PYTotalRevenueAmt
CY Total Revenue$238,517CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$318,005PYOtherExpensesAmt
CY Other Expenses$381,006CYOtherExpensesAmt
PY Total Expenses$318,005PYTotalExpensesAmt
CY Total Expenses$381,006CYTotalExpensesAmt
PY Revenues Less Expenses-$96,579PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$142,489CYRevenuesLessExpensesAmt
Total Assets BOY$2,105,721TotalAssetsBOYAmt
Total Assets EOY$1,975,020TotalAssetsEOYAmt
Total Liabilities BOY$271,143TotalLiabilitiesBOYAmt
Total Liabilities EOY$282,931TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,834,578NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,692,089NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE LOW-INCOME HOUSING TO LOW-INCOME, ELDERLY PERSONS IN PORTLAND, OREGONMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$349,242ExpenseAmt
Revenue$124,747RevenueAmt
DescFIR GROVE APARTMENTS PROVIDES 31 UNITS OF HOUSING TO LOW-INCOME, ELDERLY PERSONS IN PORTLAND, OREGON. THE APARTMENT COMPLEX IS OPERATED IN ACCORDANCE WITH REQUIREMENTS AND GUIDELINES OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.Desc
Total Program Service Expenses$349,242TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MEI LEEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5032310682PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14150 S MOODY AVENUEAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97239ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JILL LAM
BOARD CHAIR1.008.00Yes (X)Yes (X)$0$0$0
TEJAN CONTEH
VICE CHAIR1.008.00Yes (X)Yes (X)$0$0$0
PAUL CUMMINGS
TREASURER1.008.00Yes (X)Yes (X)$0$0$0
JAMIE BECKLAND
SECRETARY1.008.00Yes (X)Yes (X)$0$0$0
ALMA FLORES
BOARD MEMBER1.008.00Yes (X)$0$0$0
CELIA SMOOT
BOARD MEMBER1.008.00Yes (X)$0$0$0
CHRISTOPHER SOHLER
BOARD MEMBER1.008.00Yes (X)$0$0$0
EDWARD KNIGHTLY
BOARD MEMBER1.008.00Yes (X)$0$0$0
JIM LODWICK
BOARD MEMBER1.008.00Yes (X)$0$0$0
JOHN CARDENAS
BOARD MEMBER1.008.00Yes (X)$0$0$0
SAMUEL STUCKEY
BOARD MEMBER1.008.00Yes (X)$0$0$0
SEAN EDWARDS
BOARD MEMBER1.008.00Yes (X)$0$0$0
TEKLE BUSHEN
CHIEF FINANCIAL OFFICER1.0047.00Yes (X)$0$193,661$20,473
MARGARET SALAZAR
PRESIDENT & CEO1.0047.00Yes (X)$0$218,664$45,693
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$412,325TotReportableCompRltdOrgAmt
Total Other Compensation$66,166TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$110,230AllOtherContributionsAmt
Total Contributions$110,230TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescNET RENTAL REVENUEDesc
Business531110BusinessCd
Total Revenue Column$110,174TotalRevenueColumnAmt
Related Or Exempt Func Income$110,174RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$110,174TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,540TotalRevenueColumnAmt
Exclusion$3,540ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescLAUNDRY & VENDINGDesc
Business531390BusinessCd
Total Revenue Column$1,253TotalRevenueColumnAmt
Related Or Exempt Func Income$1,253RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,320TotalRevenueColumnAmt
Related Or Exempt Func Income$13,320RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,573OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$238,517TotalRevenueColumnAmt
Related Or Exempt Func Income$124,747RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,540ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$20,419TotalAmt
Management And General$20,419ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,345TotalAmt
Management And General$11,345ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$60,433TotalAmt
Program Services$60,433ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$48,996TotalAmt
Program Services$48,996ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$153,571TotalAmt
Program Services$153,571ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$220TotalAmt
Program Services$220ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$82,979TotalAmt
Program Services$82,979ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BAD DEBTS$2,596$2,596
MISC TAXES & LICENSES$447$447

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$381,006TotalAmt
Program Services$349,242ProgramServicesAmt
Management And General$31,764ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$59,209BOYAmt
EOY$3,815EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,225BOYAmt
EOY$1,019EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$348BOYAmt
EOY$368EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,212,961LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,452,423LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,843,517BOYAmt
EOY$1,760,538EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$199,422BOYAmt
EOY$209,280EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,105,721BOYAmt
EOY$1,975,020EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$178,498BOYAmt
EOY$169,322EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,541BOYAmt
EOY$748EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$7,010BOYAmt
EOY$8,348EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$42,238BOYAmt
EOY$42,238EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$41,856BOYAmt
EOY$62,275EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$271,143BOYAmt
EOY$282,931EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$1,231,322BOYAmt
EOY-$1,373,811EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,065,900BOYAmt
EOY$3,065,900EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,834,578BOYAmt
EOY$1,692,089EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,105,721BOYAmt
EOY$1,975,020EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$142,489ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$134,101CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$139,555CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$135,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$121,092CurrentTaxYearMinus1YearAmt
Current Tax Year$110,230CurrentTaxYearAmt
Total$640,699TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$83,049CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$96,946CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$94,924CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$96,187CurrentTaxYearMinus1YearAmt
Current Tax Year$110,174CurrentTaxYearAmt
Total$481,280TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$217,150CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$236,501CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$230,645CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$217,279CurrentTaxYearMinus1YearAmt
Current Tax Year$220,404CurrentTaxYearAmt
Total$1,121,979TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,121,979PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$385CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,199CurrentTaxYearMinus1YearAmt
Current Tax Year$3,540CurrentTaxYearAmt
Total$7,180TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$385CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,199CurrentTaxYearMinus1YearAmt
Current Tax Year$3,540CurrentTaxYearAmt
Total$7,180TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$948CurrentTaxYearMinus1YearAmt
Current Tax Year$14,573CurrentTaxYearAmt
Total$15,521TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$217,192CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$236,515CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$231,030CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$221,426CurrentTaxYearMinus1YearAmt
Current Tax Year$238,517CurrentTaxYearAmt
Total$1,144,680TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.98020PublicSupportCY509Pct
Public Support PY5090.99590PublicSupportPY509Pct
Investment Income CY0.00630InvestmentIncomeCYPct
Investment Income PY0.00330InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationLAUNDRY VENDING - 2023 AMOUNT: $ 948. 2024 AMOUNT: $ 1,253. MISCELLANEOUS REVENUE - 2024 AMOUNT: $ 13,320.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$128,000OtherCostOrOtherBasisAmt
Book Value$128,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,030,133OtherCostOrOtherBasisAmt
Depreciation$1,407,307DepreciationAmt
Book Value$1,622,826BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$54,828OtherCostOrOtherBasisAmt
Depreciation$45,116DepreciationAmt
Book Value$9,712BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,760,538TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
TENANT DEPOSITS$8,348
RESIDUAL RECEIPTS RESERVE$21,589
ESCROW DEPOSITS$24,076
RESERVE FOR REPLACEMENTS$155,267
FieldValueIRS element (for citing)
Total Book Value Other Assets$209,280TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO RELATED PARTYDesc
Amt$62,275Amt
FieldValueIRS element (for citing)
Total Liability$62,275TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$238,517TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$238,517RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$238,517TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$381,006TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$381,006ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$381,006TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:TENANT DEPOSITS ARE HELD IN TRUST.
PART X, LINE 2:THE COMPANY HAS APPLIED FOR AND RECEIVED A DETERMINATION FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. DUE TO ITS TAXEXEMPT STATUS, THE COMPANY IS NOT SUBJECT TO INCOME TAXES. THE COMPANY IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANY AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE COMPANY HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARGARET SALAZAR
PRESIDENT & CEO$0$177,330$0$10,000$0$31,334$0$1,159$0$44,534$0$264,357$0$0
TEKLE BUSHEN
CHIEF FINANCIAL OFFICER$0$168,117$0$0$0$25,544$0$4,457$0$16,016$0$214,134$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH J, PART I, LINE 3:FormAndLineReferenceDesc
ExplanationREACH THE RELATED ORGANIZATION USES THE FOLLOWING METHOD TO ESTABLISH COMPENSATION OF THE CEO: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEEExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE COMPANY PAYS REACH COMMUNITY DEVELOPMENT, INC., AN AFFILIATE, A PROPERTY MANAGEMENT FEE EQUAL TO 9.29% OF GROSS RENTS AND MISCELLANEOUS INCOME COLLECTED. DURING THE YEAR ENDED DECEMBER 31, 2023, $20,419 IN PROPERTY MANAGEMENT FEES WERE INCURRED.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 WILL BE DISTRIBUTED ELECTRONICALLY TO THE OFFICERS FOR THEIR REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CANNUAL CONFLICT OF INTEREST DISCLOSURES ARE MONITORED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST FROM THE CORPORATION. FINANCIAL INFORMATION IS ALSO AVAILABLE FROM THE OREGON DEPARTMENT OF JUSTICE.
FORM 990, PART IX, LINE 11GMANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 60,433. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,433.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
BMA INC
4150 S MOODY AVENUEPORTLANDOR97239931174394LOW-INCOME HOUSINGOR501(C)(3)LINE 10N/A0
COMMUNITY HOUSING II INC
4150 S MOODY AVENUEPORTLANDOR97239931300045LOW-INCOME HOUSINGOR501(C)(3)LINE 7N/A0
COMMUNITY HOUSING INC
4150 S MOODY AVENUEPORTLANDOR97239943041307LOW-INCOME HOUSINGOR501(C)(3)LINE 10N/A0
MARION STREET APARTMENTS INC
4150 S MOODY AVENUEPORTLANDOR97239931209647LOW-INCOME HOUSINGOR501(C)(3)LINE 10N/A0
POWELL BOULEVARD APARTMENTS INC
4150 S MOODY AVENUEPORTLANDOR97239911764112LOW-INCOME HOUSINGOR501(C)(3)LINE 7N/A0
REACH APARTMENTS INC
4150 S MOODY AVENUEPORTLANDOR97239943085792LOW-INCOME HOUSINGOR501(C)(3)LINE 7N/A0
REACH COMMUNITY DEVELOPMENT INC
4150 S MOODY AVENUEPORTLANDOR97239930813981LOW-INCOME HOUSINGOR501(C)(3)LINE 10N/A0
TAYLOR APARTMENTS INC
4150 S MOODY AVENUEPORTLANDOR97239931209646LOW-INCOME HOUSINGOR501(C)(3)LINE 10N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (19 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
124TH AND ASH LP
4150 S MOODY AVENUEPORTLANDOR97239823965588LOW-INCOME HOUSINGORN/A00
72ND AND FOSTER LP
4150 S MOODY AVENUEPORTLANDOR97239813073180LOW-INCOME HOUSINGORN/A00
FRUIT VALLEY LP
4150 S MOODY AVENUEPORTLANDOR97239270782644LOW-INCOME HOUSINGORN/A00
PATTON SQUARE PARTNERS LP
4150 S MOODY AVENUEPORTLANDOR97239205425786LOW-INCOME HOUSINGORN/A00
REACH 62ND AVE LLC
4150 S MOODY AVENUEPORTLANDOR97239475413110LOW-INCOME HOUSINGORN/A00
REACH ARGYLE LP
4150 S MOODY AVENUEPORTLANDOR97239823354313LOW-INCOME HOUSINGORN/A00
REACH B49 PARTNERS LP
4150 S MOODY AVENUEPORTLANDOR97239274635096LOW-INCOME HOUSINGORN/A00
REACH BEAVERTON LP
4150 S MOODY AVENUEPORTLANDOR97239832534660LOW-INCOME HOUSINGORN/A00
REACH BRONAUGH PARTNERS LP
4150 S MOODY AVENUEPORTLANDOR97239472949178LOW-INCOME HOUSINGORN/A00
REACH GATEWAY SENIOR HSG LP
4150 S MOODY AVENUEPORTLANDOR97239800930515LOW-INCOME HOUSINGORN/A00
REACH ISABELLA COURT LLC
4150 S MOODY AVENUEPORTLANDOR97239474388596LOW-INCOME HOUSINGORN/A00
REACH ORENCO II LLC
4150 S MOODY AVENUEPORTLANDOR97239465146622LOW-INCOME HOUSINGORN/A00
REACH ORENCO III LLC
4150 S MOODY AVENUEPORTLANDOR97239473939188LOW-INCOME HOUSINGORN/A00
REACH ORENCO LLC
4150 S MOODY AVENUEPORTLANDOR97239454607664LOW-INCOME HOUSINGORN/A00
REACH ROSE APARTMENTS LP
4150 S MOODY AVENUEPORTLANDOR97239824855669LOW-INCOME HOUSINGORN/A00
REACH WALNUT PARTNERS LP
4150 S MOODY AVENUEPORTLANDOR97239270924852LOW-INCOME HOUSINGORN/A00
TOWNE SQUARE LP
4150 S MOODY AVENUEPORTLANDOR97239455390002LOW-INCOME HOUSINGORN/A00
WHEELDON ADMIRAL LLC
4150 S MOODY AVENUEPORTLANDOR97239270162291LOW-INCOME HOUSINGORN/A00
PLAZA LOS AMIGOS LP
4150 S MOODY AVENUEPORTLANDOR97239880758879LOW-INCOME HOUSINGORN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
REACH ARGYLE GP LLC
4150 S MOODY AVENUEPORTLANDOR97239832444633LOW-INCOME HOUSINGORN/AC0
REACH BRONAUGH GP LLC
4150 S MOODY AVENUEPORTLANDOR97239472963987LOW-INCOME HOUSINGORN/AC0
REACH GATEWAY LLC
4150 S MOODY AVENUEPORTLANDOR97239320411748LOW-INCOME HOUSINGORN/AC0
REACH IC LLC
4150 S MOODY AVENUEPORTLANDOR97239474750452LOW-INCOME HOUSINGORN/AC0
REACH ORCHARDS II LLC
4150 S MOODY AVENUEPORTLANDOR97239472981576LOW-INCOME HOUSINGORN/AC0
REACH ORCHARDS III LLC
4150 S MOODY AVENUEPORTLANDOR97239473924349LOW-INCOME HOUSINGORN/AC0
REACH ORCHARDS LLC
4150 S MOODY AVENUEPORTLANDOR97239465204815LOW-INCOME HOUSINGORN/AC0
REACH ROSE GP LLC
4150 S MOODY AVENUEPORTLANDOR97239842694124LOW-INCOME HOUSINGORN/AC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd