Riverside Charitable Corporation
Develops and operates affordable housing enriched with social services and partnership management to support low-income individuals and families in need. For fiscal year 2024 it reported $22.9M in revenue, $3.6M in expenses, and $69.3M in net assets.Pt I
- Founded
- 1988
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Tustin, CA
- Website
- www.riversidecharitable.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Recinda Kay Shafer’s $453K as Deputy Executive Director is at the 92nd percentile of top reported officer pay among 672 $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 · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Recinda Kay Shafer | $452,947 | $436,511 | $419,103 | $418,603 | $367,750 |
| Kenneth Robertson | $451,217 | $434,850 | $417,500 | $414,600 | — |
| Nilsa Gonzalez | $311,182 | $282,327 | $256,104 | $241,604 | $168,497 |
| Kenneth S Robertson | — | — | — | — | $275,250 |
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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Where the work happens
Fostering and providing charitable assistance, services and relief to families and persons of lower income in the communities that RCC serves. RCC serves to foster, create, manage and preserve safe and decent, social service-enriched, affordable housing for people of lower income.
Providing partnership management and social services to various low-income housing tax credit entities in which RCC has an ownership interest.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 12% | — | — |
| Legal fee ratio | 0.06% | — | — |
| Accounting fee ratio | 2% | — | — |
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
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Filings & Schedule Manifest
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Sources
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