RURAL COMMUNITIES HOUSING DEVELOPMENT CORPORATION GROUP

EIN: 454799736 501(c)(3) Housing & Shelter

UKIAH, CA

Total Revenue
$1,210,393
Total Expenses
$1,455,685
Total Assets
$6,787,824
Net Assets
$4,250,135
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
CA
Principal Officer
JENNIFER HOFSTETTER
Phone
7074631975
Tax Period
2023-11-01 to 2024-10-31

RURAL COMMUNITIES HOUSING DEVELOPMENT CORPORATION GROUP, founded in 1975, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE DECENT AND AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS.

Program Service Accomplishments

Program 1
Expenses: $1,341,043 Revenue: $557,809

RCHDC CONTROLS AND OPERATES UNITS OF LOW INCOME HOUSING THROUGH SUBORDINATE CORPORATIONS. THESE INCLUDE UNITS FOR SENIORS, THE CHRONICALLY MENTALLY ILL, AS WELL AS LOW AND MODERATE INCOME FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $651,827
Program Service Revenue $557,809
Investment Income $757
Other Revenue $0
TOTAL REVENUE $1,210,393

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,341,043
Other Expenses $1,455,685
TOTAL EXPENSES $1,455,685

Year-over-Year Comparison

2023 2022 Change
Revenue $1,210,393 $1,104,559 +0.1%
Expenses $1,455,685 $1,333,347 +0.1%
Net Income $-245,292 $-228,788 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$305,261
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON LEFEBVRE CHAIRPERSON 0.15
Officer Director
$0 $0 $0
RICHARD HENDERSON VICE CHAIRPERSON 0.15
Officer Director
$0 $0 $0
CHARLOTTE WATKINS SECRETARY 0.15
Officer Director
$0 $0 $0
GARY MIRATA TREASURER 0.15
Officer Director
$0 $0 $0
AMANDA PARDINI DIRECTOR 0.15
Director
$0 $0 $0
MIKE PALLESEN DIRECTOR 0.15
Director
$0 $0 $0
FU LIN CHANG DIRECTOR 0.15
Director
$0 $0 $0
RYAN LARUE CEO 2.00
Officer
$0 $0 $150,535
JENNIFER HOFSTETTER CFO 2.00
Officer
$0 $32,291 $154,726
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,210,393 $1,455,685 $6,787,824 $-245,292
2023 $1,104,559 $1,333,347 $6,902,015 $-228,788
2022 $1,039,615 $1,181,163 $6,953,714 $-141,548
2021 $1,040,402 $1,159,211 $6,958,647 $-118,809
2020 $1,001,061 $1,137,859 $6,990,580 $-136,798
2019 $993,587 $1,076,331 $7,100,613 $-82,744
2018 $930,111 $1,295,940 $7,107,601 $-365,829
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RURAL COMMUNITIES HOUSING DEVELOPMENT CORPORATION GROUP with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.