Resources for Community Development EIN 94-2952466

Resources for Community Development

EIN  94-2952466 Public charity (501(c)(3)) Berkeley, CA Founded 1984
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/9/26 · see original filing: IRS
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Size
$10–100M
What they do
Builds and preserves affordable housing to enrich lives and strengthen communities.
Leadership
Dan Sawislak · CEO · $251K
Money in and out
$27.3M revenue, $25.8M expenses
Bottom line
90% program efficiency

Builds and preserves affordable housing to enrich lives and strengthen communities. For fiscal year 2024 it reported $27.3M in revenue, $25.8M in expenses, and $75.7M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$27.3M
Pt VIII · Ln 12
Total expenses
$25.8M
Pt IX · Ln 25
Net assets
$75.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.4M
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.09 Fundraising $0.01
Program efficiency
90%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
4.4mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▼ -51% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$27.3M
FY2024▲ +17%
Expenses
$25.8M
FY2024▲ +24%
Total assets
$104.3M
FY2024▲ +2%
Total liabilities
$28.5M
FY2024▲ +3%
Total revenue
$27.3M
Pt VIII · Ln 12
Total expenses
$25.8M
Pt IX · Ln 25
Net assets
$75.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.4M
Total assetsPt X · Ln 16$104.3M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $22.8M of program spending, described in the organization's own filed words · FY2024.
01

Asset Management

RCD'S portfolio of 64 properties is managed by the asset management department. The department's objectives fall into two categories, operational and financial. Operational goals include maintaining projects in safe, habitable and rentable conditions and maintaining tenant satisfaction.

$12.5Mprogram expense
02

Real Estate Development

RCD has a strong record of developing and preserving affordable housing and community-serving facilities, including multi-family, senior and special needs properties providing rental apartments. About a third of our portfolio units are reserved for people with special needs.

$8.4Mprogram expense
03

Resident Services Program

RCD'S resident services program addresses the many challenges that vulnerable populations face in retaining their housing and moving forward socially and economically. RCD provides individual counseling through social services partnerships and service referrals as well as coordination of onsite service programs for residents.

$1.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CResources for Community Development
EINHdr · item D94-2952466
Principal addressHdr · item CBerkeley, CA
WebsiteHdr · item Jwww.rcdhousing.org
Year of formationHdr · item L1984
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$251,326Pt VII · Sec A
Director of Real Estate Development
$186,391Pt VII · Sec A
$179,780Pt VII · Sec A
Director of I.t.
$150,528Pt VII · Sec A
Associate Director of Red Acq
$142,001Pt VII · Sec A
Director of Asset Management
$141,488Pt VII · Sec A
$139,651Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2024FY2024FY2023FY2021FY2020
Dan Sawislak$251,326$225,019$204,332$196,244$184,761
Carolyn Bookhart$186,391$194,647$189,578$167,793$158,835
Eric Knecht$179,780$165,140$156,280$152,468$145,983
Dan Hardy$150,528$147,650$141,640$133,317$126,085
Katherine McKean$139,651$141,192$143,422$139,693$120,536
Nick Cranmer$142,001$132,809
Nick Griffin$141,488$130,901$132,583$124,501$113,731
Nicole Theus$141,148

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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Statement of Revenue

Part VIII
Contributions & grants$14.5M · 53%
Program service revenue$11.1M · 41%
Investment income$1.7M · 6%
Contributions & grants53%$14.5M
Program service revenue41%$11.1M
Investment income6%$1.7M
— government grantsLn 1e$14.1M
Total revenueLn 12$27.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.09 Fundraising $0.01
Program services90%$23.3M
Management & general9%$2.4M
Fundraising1%$148K
Total functional expensesLn 25$25.8M

Balance Sheet

Part X · end of year
CashLn 1$9.4M
Total assetsLn 16$104.3M
Total liabilitiesLn 26$28.5M
Total net assetsLn 32$75.7M
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9.4M · Operating expenses/yr $25.8M
4.4 months
Where the money goes
Program services
Program services $23.3M · Total expenses $25.8M
90%
Management & General
Management & general $2.4M · Total expenses $25.8M
9%
Fundraising
Fundraising $148K · Total expenses $25.8M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $180K · Solicited contributions (3-yr avg) $623K
$0.29 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $14.5M · Total revenue $27.3M
53%
Government reliance
Government grants $14.1M · Total revenue $27.3M
52%
Earned-income share
Program service revenue $11.1M · Total revenue $27.3M
41%
Investment reliance
Investment income $1.7M · Total revenue $27.3M
+6%
Program self-sufficiency
Program service revenue $11.1M · Total expenses $25.8M
43%
Growth & trend
Revenue growth (YoY)
This year $27.3M · Prior year $23.3M
+17%
Revenue CAGR
FY2019 $7.0M · FY2024 $27.3M
+31%
Net-asset trend (YoY)
End of year $75.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $27.3M · Expenses $25.8M
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $104.3M
Net-asset ratio
Net assets $75.7M · Total assets $104.3M
73%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $104.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dan Sawislak · Reported title CEO · Highest reported compensation $251K · Total expenses $25.8M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7.0M · Total expenses $25.8M
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 9%
Fundraising cost ratio 1%
Revenue growth 17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 19 grants · $29.8M · 2020–2024
State of California Housing and Community Development DivisionFY2024$5,552,117
Fox Courts LPFY2024$395,000
Alameda CountyFY2024$200,683
Alameda County Community Development AgencyFY2024$148,685
Aspen Drive Housing INCCA · FY2024$29,775
Unitemized GrantFY2024$25,310
Unitemized GrantFY2024$11,500
State of California Housing and Community Development DivisionFY2023$10,217,640
Alameda County Community Development AgencyFY2023$133,094
Alameda CountyFY2023$66,283
Unitemized GrantFY2023$33,400
State of California Housing and Community Development DivisionFY2022$12,363,178
Jubilee Senior Homes INCCA · FY2022$169,776
Alameda County Community Development AgencyFY2022$120,933
Unitemized GrantFY2022$31,000
Alameda CountyFY2022$12,885
See all 19 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$23.3M revenue · ⤓ 990 PDF
FY2023$34.0M revenue · ⤓ 990 PDF
FY2022not on file
FY2021$13.6M revenue · ⤓ 990 PDF
FY2020$7.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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