REACH COMMUNITY DEVELOPMENT INC (EIN 930813981) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

MARGARET SALAZAR

Phone

5032310682

Tax Period

2023-01-01 to 2023-12-31

REACH COMMUNITY DEVELOPMENT INC, founded in 1982, is a mid-sized nonprofit in the Housing & Shelter sector that reported $30.4M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $28.7M left a modest 5% surplus.

Mission

REACH DEVELOPS AND MANAGES QUALITY AFFORDABLE APARTMENT HOMES AND PROVIDES OPPORTUNITIES FOR INDIVIDUALS, FAMILIES AND COMMUNITIES TO THRIVE THROUGH SUPPORTIVE PROGRAMS. REACH SERVES THE PORTLAND METROPOLITAN AND SW WASHINGTON REGION.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,942,435

Program Service Revenue $23,137,381

Investment Income $835,758

Other Revenue $446,801

TOTAL REVENUE $30,362,375

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $13,432,812

Fundraising Expenses $269,534

Program Expenses $25,496,249

Other Expenses $15,285,981

TOTAL EXPENSES $28,721,293

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,362,375	$25,254,357	+0.2%
Expenses	$28,721,293	$29,396,247	0.0%
Net Income	$1,641,082	$-4,141,890	-1.4%

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

Governance

Voting Members

Independent Members

Employees

207

Volunteers

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

$392,035

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDER MCPHERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN WERNER	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERANDA CURTIS	BOARD MEMBER	1.00	Director	$0	$0	$0
CLARA JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CRIS SOHLER	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID SACAMANO	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBBIE BURKE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
EDWARD KNIGHTLY	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMIE BECKLAND	SECRETARY	1.00	Officer Director	$0	$0	$0
JILL LAM	CHAIR	1.00	Officer Director	$0	$0	$0
JIM LODWICK	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL CUMMINGS	BOARD MEMBER	1.00	Director	$0	$0	$0
SAM STUCKEY	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMM MCCRARY	BOARD MEMBER	1.00	Director	$0	$0	$0
TEJAN CONTEH	BOARD MEMBER	1.00	Director	$0	$0	$0
WHIT SPENCER	TREASURER	1.00	Officer Director	$0	$0	$0
DANIEL VALLIERE	PRESIDENT & CEO (UNTIL OCT. 2023)	40.00	Officer	$176,403	$27,042	$203,445
MARGARET SALAZAR	PRESIDENT & CEO (AS OF OCT. 2023)	40.00	Officer	$29,276	$2,579	$31,855
TEKLE BUSHEN	CHIEF FINANCIAL OFFICER	40.00	Officer	$145,966	$10,769	$156,735
BRIAN BIELER	SENIOR ADVISOR FOR PORTFOLIO RESTRUCTURING	40.00	Highest	$102,460	$59,757	$162,217
DANIEL MONTGOMERY	DIRECTOR OF PROPERTY MGMT	40.00	Highest	$117,420	$32,940	$150,360
ERICA TUCKER	SENIOR ADVISOR FOR EQUITY & RACIAL JUSTICE	40.00	Highest	$111,460	$29,638	$141,098
MUSTAFA S ABDULBAQI	SENIOR IT MANAGER	40.00	Highest	$137,511	$28,938	$166,449
PETER CLEMENTS	SENIOR HOUSING DEVELOPMENT PROJECT MANAGER	40.00	Highest	$123,332	$15,628	$138,960

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	No data	No data	No data	No data
2023	$30,362,375	$28,721,293	$101,606,213	$1,641,082
2022	$25,254,357	$29,396,247	$93,233,425	$-4,141,890
2021	$29,644,026	$27,576,644	$100,210,196	$2,067,382
2020	$20,756,325	$18,915,150	$91,938,591	$1,841,175
2019	$18,532,549	$15,532,790	$87,165,502	$2,999,759
2018	$19,051,797	$17,195,162	$65,648,856	$1,856,635

REACH COMMUNITY DEVELOPMENT INC