Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1982.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
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
24 people listed on the 990; $944K paid to officers and key staff.
Margaret Salazar’s $219K as President & CEO is at the 50th percentile of top reported officer pay among 676 $10–100M housing 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Margaret Salazar | $218,664 | $29,276 | — | — | — |
| Pamela Benoit | — | — | $195,408 | $172,607 | $195,182 |
| Tekle Bushen | $193,661 | $145,966 | — | — | — |
| Daniel Valliere | — | $176,403 | $179,433 | $173,500 | — |
| Dan Valliere | — | — | — | — | $177,787 |
| Alma Flores | — | — | $148,784 | $144,779 | $139,038 |
| Mustafa S Abdulbaqi | — | $137,511 | — | — | — |
| Veronica Coenen | — | — | $133,764 | — | — |
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
Develops and manages affordable apartment homes while providing supportive resident services to help families and communities thrive in the Portland and Southwest Washington region.
Questions for Reach Community Development INC
Your first name shows with your question. Reach Community Development INC answers here, for everyone.
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Property Operations and Management
Reach and affiliated entities own and manage more than 2,731 units of affordable rental housing in the portland, oregon metropolitan region and southwest washington. These units are in apartments, plexes and single-family houses, and are only available to households under certain income limits.
Home Repair Program
The community builders program provides free home repairs for low-income elderly AND/OR disabled homeowners to age in place and help maintain housing stability. This includes providing accessibility and safety upgrades, such as wheelchair ramps, grab bars, and smoke detectors.
Resident Services
The resident services program supports families and individuals living in reach and affiliated entities housing as they improve the social, economic, and environmental conditions affecting their lives.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $5.2M | $6.7M |
| InvestmentsLn 11–13 | $1.8M | $1.2M |
| Land, buildings, equipmentLn 10c | $42.3M | $38.9M |
| Total assetsLn 16 | $93.2M | $101.6M |
| LiabilitiesLn 26 | $71.4M | $80.0M |
| Net assetsLn 32 | $21.9M | $21.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2K | $2K | ||
| Pay of current officers, directors and key staffLn 5 | $392K | $316K | $68K | $8K |
| Other salaries and wagesLn 7 | $10.2M | $8.3M | $1.8M | $205K |
| Pension plan contributionsLn 8 | $197K | $159K | $34K | $4K |
| Other employee benefitsLn 9 | $1.9M | $1.5M | $326K | $38K |
| Payroll taxesLn 10 | $722K | $582K | $125K | $14K |
| Management feesLn 11a | $1.3M | $1.3M | ||
| Legal feesLn 11b | $180K | $168K | $12K | |
| Accounting feesLn 11c | $239K | $180K | $59K | |
| Other fees for servicesLn 11g | $730K | $654K | $76K | |
| Advertising and promotionLn 12 | $4K | $4K | ||
| Office expensesLn 13 | $552K | $448K | $104K | |
| Information technologyLn 14 | $276K | $243K | $33K | |
| OccupancyLn 16 | $2.1M | $2.1M | $12K | |
| TravelLn 17 | $9K | $9K | ||
| Conferences, conventions and meetingsLn 19 | $33K | $19K | $14K | |
| InterestLn 20 | $1.5M | $1.5M | ||
| Depreciation, depletion and amortizationLn 22 | $1.9M | $1.9M | $16K | |
| InsuranceLn 23 | $782K | $670K | $112K | |
| Other expenses (24a–d)Ln 24 | $5.0M | $4.9M | $135K | |
| All other expensesLn 24e | $610K | $551K | $58K | $881 |
| Total functional expensesLn 25 | $28.7M | $25.5M | $3.0M | $270K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $36.2M | $30.2M | $6.1M | $26.5M | 990 PDF |
| FY2023 Viewing | $30.4M | $28.7M | $1.6M | $21.6M | 990 PDF |
| FY2022 | $25.3M | $29.4M | −$4.1M | $21.9M | 990 PDF |
| FY2021 | $29.6M | $27.6M | $2.1M | $27.7M | 990 PDF |
| FY2020 | $20.8M | $18.9M | $1.8M | $26.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $30,362,375 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, no flags
Part VIII · Statement of revenue $30,362,375 across 9 lines filed
Part IX · Statement of functional expenses $28,721,293 across 21 lines filed
Part X · Balance sheet $101,606,213 assets, 18 lines filed
Part XI · Reconciliation of net assets $21,556,505 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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