Richmond Community-Owned Development Enterprise FY2024 filing

Tax-deductible

Richmond, CA501(c)(3)Since 2018Community DevelopmentEIN 83-3335321Revenue $1.6M in FY2024

On file with the IRSrichmondland.org2163 Meeker Ave 117, 94804-6410 · Richmond, CATax-exempt since Sep 2019Publicly supported charity — 170(b)(1)(A)(vi)

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Richmond land builds grassroots power for resident-driven and Community-controlled land use through organizing, land acquistion, Development, and long-term stewardship of land and affordable housing. The organization's mission is to advance housing justice, prevent displacement, and ensure lasting Community ownership in Richmond and west contra costa county.

501(c)(3) charity; gifts are tax-deductible.
37¢ of each $1 spent went to programs.
$117K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $589K a year · 48% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
37%
of spending
Concern: 37% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$117K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
57 mo
of spending, in cash
Looks good: 57.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$848K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 5 voting members
Worth a look: 1 of 5 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
+2% vs prior year
Spent
$761K
To programs
37%
Net assets
$3.5M
By yearFY2020–FY2025
Revenue
$1.6M
FY2024▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$870K
FY2021$946K
FY2022$1.3M
FY2023$1.6M
FY2024$1.6M
FY2025$1.0M
Expenses
$761K
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$201K
FY2021$450K
FY2022$635K
FY2023$809K
FY2024$761K
FY2025$955K
Net assets
$3.5M
FY2024▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2020$669K
FY2021$1.2M
FY2022$1.9M
FY2023$2.6M
FY2024$3.5M
FY2025$3.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

37 cents of each dollar spent went to programs.

Program services 37% · $283K Management & general 43% · $324K Fundraising 20% · $154K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $117K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$66,534Pt VII · Sec A
Board Co-Chair
$16,000Pt VII · Sec A
Board Co-Chair
$16,000Pt VII · Sec A
Board Treasurer
$12,000Pt VII · Sec A
Board Member
$6,000Pt VII · Sec A
$0Pt VII · Sec A

Princess Robinson’s $134K as Executive Director is at the 38th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Princess Robinson$133,608$66,534———$4,000
Randy Joseph—$16,000$95,460———
Valerie Jameson———$79,214$78,175—
Rakhi Agrawal———$34,806——
Elissa Roy—$6,000$22,000———
Sasha Graham—$16,000$18,000——$1,600
Alex Acuna——$18,000———
Evan Bissell————$17,637—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds community power for resident-driven land use and affordable housing.

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Provided by the organization

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3 programs · $238K · in their own filed words · FY2024
01

Real Estate Projects

Richmond land advanced community-continued real estate projects to preserve and expand permanently affordable housing. In 2024, the organization managed property operations and rehabilitation planning for the south 24TH street triplex and continued pre-development for the north ecovillage initiative.

$204Kprogram expense
02

Advocacy

In 2024, richmond land advanced community-led advocacy through the richmond our power coalition (ropc). Staff participated in coalition governance and policy coordination, contributed to the just transition community action plan discussions, and supported community mobilization around city council actions related to the chevron…

$34Kprogram expense
03

Resident Stewardship

In 2024, richmond land continued to lay the foundational groundwork for long-term resident stewardship of community-owned housing. The program focused on nurturing resident leadership, maintaining the historic principle that communities thrive when those who live in a place hold meaningful decision-making power over it.

$410program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 1 grant · $55K · 2025–2025

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$35K
Money outPt IX
$761K
Ln 25
Programscol B$283K
Managementcol C$324K
Fundraisingcol D$154K
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$4.3M
LiabilitiesLn 26$848K
PeoplePt VI, VII
6
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$35K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$3.6M
Cash and savings togetherLn 1–2$3.6M
Land, buildings, equipmentLn 10c$597K
Total assetsLn 16$4.3M
LiabilitiesLn 26$848K
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 55
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.8M$3.6M
Land, buildings, equipmentLn 10c$611K$597K
Total assetsLn 16$3.4M$4.3M
LiabilitiesLn 26$830K$848K
Net assetsLn 32$2.6M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$118K$69K$23K$26K
Other salaries and wagesLn 7$39K$28K$6K$5K
Other employee benefitsLn 9$3K$1K$2K$66
Payroll taxesLn 10$11K$10K$953$126
Legal feesLn 11b$0
Accounting feesLn 11c$34K$34K
Lobbying feesLn 11d$4K$4K
Other fees for servicesLn 11g$339K$124K$92K$123K
Advertising and promotionLn 12$471$471
Office expensesLn 13$11K$8K$4K
OccupancyLn 16$3K$615$2K
TravelLn 17$4K$114$4K
Conferences, conventions and meetingsLn 19$675$675
InterestLn 20$36K$36K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$15K$4K$12K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$141K$725$140K$86
Total functional expensesLn 25$761K$283K$324K$154K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.0M$955K$81K$3.5M 990 PDF
FY2024 Viewing $1.6M$761K$834K$3.5M 990 PDF
FY2023 $1.6M$809K$750K$2.6M 990 PDF
FY2022 $1.3M$635K$702K$1.9M 990 PDF
FY2021 $946K$450K$496K$1.2M 990 PDF
FY2020 $870K$201K$669K$669K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,595,297 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,515,377$1,560,597
I-9 Program service revenuePrior year $2,063$34,700
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $41,921$0
I-12 Total revenuePrior year $1,559,361$1,595,297
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $304,856$170,382
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $504,086$591,022
I-18 Total expensesPrior year $808,942$761,404
I-19 Revenue less expensesPrior year $750,419$833,893
Part VI · Governance 1 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members1
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,595,297 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$1,560,597
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$1,560,597
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $34,700 · Unrelated business $0 · Excluded from tax $0$34,700
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $34,700 · Unrelated business $0 · Excluded from tax $0$1,595,297
Part IX · Statement of functional expenses $761,404 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $68,765 · Management $22,962 · Fundraising $25,985$117,712
IX-7 Other salaries and wagesPrograms $27,945 · Management $5,743 · Fundraising $5,279$38,967
IX-9 Other employee benefitsPrograms $1,348 · Management $1,653 · Fundraising $66$3,067
IX-10 Payroll taxesPrograms $9,557 · Management $953 · Fundraising $126$10,636
IX-11b Legal fees$0
IX-11c Accounting feesManagement $34,367$34,367
IX-11d Lobbying feesManagement $3,666$3,666
IX-11g Other fees for servicesPrograms $123,796 · Management $92,056 · Fundraising $122,839$338,691
IX-12 Advertising and promotionPrograms $471$471
IX-13 Office expensesPrograms $7,684 · Management $3,814$11,498
IX-16 OccupancyPrograms $615 · Management $2,121$2,736
IX-17 TravelPrograms $114 · Management $4,238$4,352
IX-19 Conferences, conventions and meetingsManagement $675$675
IX-20 InterestPrograms $35,833$35,833
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,835 · Management $11,505$15,340
IX-23 InsurancePrograms $2,554$2,554
IX-24 Other expenses (24a–d)Programs $725 · Management $140,028 · Fundraising $86$140,839
IX-25 Total functional expensesPrograms $283,242 · Management $323,781 · Fundraising $154,381$761,404
Part X · Balance sheet $4,301,083 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $2,838,230$3,615,676
X-4 Accounts receivable$75,000
X-9 Prepaid expenses and deferred charges$13,894
X-10c Land, buildings and equipment, netStart of year $610,602$596,513
X-16 Total assetsStart of year $3,448,832$4,301,083
X-17 Accounts payable and accrued expensesStart of year $52,123$77,478
X-25 Other liabilitiesStart of year $2,710$3,710
X-26 Total liabilitiesStart of year $830,083$847,771
X-27 Net assets without donor restrictionsStart of year $2,618,749$2,833,049
X-28 Net assets with donor restrictionsStart of year $0$620,263
X-32 Total net assets or fund balancesStart of year $2,618,749$3,453,312
X-33 Total liabilities and net assetsStart of year $3,448,832$4,301,083
Part XI · Reconciliation of net assets $3,453,312 net assets at year end
XI-1 Total revenue$1,595,297
XI-2 Total expenses$761,404
XI-3 Revenue less expenses$833,893
XI-4 Net assets at start of year$2,618,749
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$670
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,453,312

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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