HACIENDA COMMUNITY DEVELOPMENT CORPORATION

EIN: 930979064 501(c)(3)

PORTLAND, OR

Total Revenue
$13,369,686
Total Expenses
$13,617,911
Total Assets
$52,378,247
Net Assets
$40,221,120
🔒

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
1988
Legal Domicile
OR
Principal Officer
ERNESTO FONSECA
Phone
5035952111
Tax Period
2023-07-01 to 2024-06-30

HACIENDA COMMUNITY DEVELOPMENT CORPORATION, founded in 1988, is a mid-sized nonprofit that reported $13.4M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Net assets of $40.2M represent 36 months of operating reserves.

Mission

HACIENDA IS A LATINO COMMUNITY DEVELOPMENT CORPORATION THAT STRENGTHENS FAMILIES BY PROVIDING AFFORDABLE HOUSING, HOMEOWNERSHIP SPUPORT, ECONOMIC ADVANCEMENT, AND EDUCATIONAL OPPORTUNTIES.

Program Service Accomplishments

Program 1
Expenses: $6,135,154 Revenue: $2,989,288

AFFORDABLE HOUSING AND COMMERCIAL PROPERTY DEVELOPMENT AND MANAGEMENT: IN ADDITION TO ITS RESIDENTIAL PROPERTIES, HCDC DEVELOPED AND OPERATES ITS ADMINISTRATIVE OFFICE BUILDING AND 2 COMMERCIAL...

Read more

AFFORDABLE HOUSING AND COMMERCIAL PROPERTY DEVELOPMENT AND MANAGEMENT: IN ADDITION TO ITS RESIDENTIAL PROPERTIES, HCDC DEVELOPED AND OPERATES ITS ADMINISTRATIVE OFFICE BUILDING AND 2 COMMERCIAL SPACES: THE PORTLAND MERCADO AND THE ORTIZ CENTER. THE PORTLAND MERCADO IS A COMMERCIAL SPACE THAT OPERATES AS A SMALL BUSINESS AND FOOD SERVICES INCUBATOR, PUBLIC MARKET, AND FOOD CART POD. THE BALTAZAR F. ORTIZ CENTER HOUSES A COUNTY HEALTH CLINIC AND FAMILY RESOURCE CENTER. HACIENDA CONTINUES TO DEVELOP AND BUILD PROTOTYPES OF MODULAR HOUSING USING MASS TIMBER. THE PROJECT, CALLED MASS CASITAS, IS IN PARTNERSHIP WITH THE PORT OF PORTLAND AND STATE OF OREGON.

Program 2
Expenses: $2,443,918 Revenue: $639,816

YOUTH AND FAMILY SERVICES: HACIENDA'S YOUTH AND FAMILY SERVICES DEPARTMENT PROVIDES EDUCATIONAL AND SOCIAL SUPPORT TO CHILDREN AND PARENTS. THE PROGRAMS THEY DEVLIERED ARE DESIGNED TO PROMOTE HEALTHY...

Read more

YOUTH AND FAMILY SERVICES: HACIENDA'S YOUTH AND FAMILY SERVICES DEPARTMENT PROVIDES EDUCATIONAL AND SOCIAL SUPPORT TO CHILDREN AND PARENTS. THE PROGRAMS THEY DEVLIERED ARE DESIGNED TO PROMOTE HEALTHY AND VIBRANT PARENT-CHLID RELATIONSHIPS, HELP CHILDREN REACH THEIR FULL POTENTIAL AND GIVE PARENTS THE TOOLS TO SUPPORT THEIR CHILD'S EDUCATIONAL AND EMOTIONAL DEVELOPMENT. HACIENDA'S BILINGUAL AND BICULTURAL STAFF, IN COLLABORATION WITH OTHER CULTURALLY SPECFIC COMMUNITY PARTNERS, ADMINISTER ALL YOUTH AND FAMILY SUPPORT PROGRAMS WHICH INCLUDE:EXPRESIONES, HACIENDA'S AFTERSCHOOL AND SUMMER PROGRAM WHICH SERVES YOUTH GRADES K-8.NINOS, HACIENDA'S EARLY CHILDHOOD EDUCATION PROGRAM, SERVES LATINO CHILDREN THROUGHOUT MULTNOMAH COUNTY WITH HOME VISITING, EDUCATIONAL WORKSHOPS AND PARENTING SUPPORT GROUPS.SUN YOUTH ADVOCACY PROVIDES CULTURALLY APPROPRIATE SUPPORT TO AT-RISK LATINO MIDDLE-SCHOOLERS AT GEORGE AND BEAUMONT MIDDLE SCHOOLS.ARROB@S, A NEW PROGRAM LAUNCHED IN 2020, IS FOCUSED ON ADVANCING STEM EDUCATION, DIGITAL LITERACY AND WORKFORCE READINESS FOR MIDDLE AND HIGH SCHOOL STUDENTS AND ADULTS.RESIDENT SERVICES PROGRAM OFFERS ONGOING SUPPORT TO RESIDENTS TO ENSURE THEIR HOUSING STABILITY WITH RESOURCES SUCH AS RENT, UTILITY AND TRANSPORTATION ASSISTANCE AND BUILDS CONNECTIONS TO RESOURCES AND THE COMMUNITY.

Program 3
Expenses: $1,944,417 Revenue: $342,956

ECONOMIC OPPORTUNITY: STARTED IN 2006, THE ECONOMIC OPPORTUNITY PROGRAM FORMS A CENTRAL PIECE OF HACIENDA'S STRATEGY TO HELP FAMILIES BUILD AND PROTECT THEIR ASSETS AND FINANCIAL SECURITY.ECONOMIC...

Read more

ECONOMIC OPPORTUNITY: STARTED IN 2006, THE ECONOMIC OPPORTUNITY PROGRAM FORMS A CENTRAL PIECE OF HACIENDA'S STRATEGY TO HELP FAMILIES BUILD AND PROTECT THEIR ASSETS AND FINANCIAL SECURITY.ECONOMIC OPPORTUNITY INCLUDES TWO MAJOR PROGRAMS:HOMEOWNERSHIP: HACIENDA IS A HUD-APPROVED HOUSING COUNSELING PROGRAM WITH A TEAM OF CERTIFIED COUNSELORS. HACIENDA STAFF PROVIDE FINANCIAL COACHINGAND WORK WITH FAMILIES ONE-ON-ONE TO ASSIST THEM IN MAKING THE BEST FINANCIAL CHOICES FOR THEIR HOUSEHOLD. THE HOMEOWNERSHIP PROGRAM INCLUDES:THE CAMINO A CASA/PRE-PURCHASE PROGRAM PREPARES PROSPECTIVE HOMEBUYERS FOR OWNING A FIRST HOME. CLIENTS WORK WITH HACIENDA'S FINANCIAL COACHES AND HUD-CERTIFIED HOUSING COUNSELORS THROUGHOUT THE ENTIRETY OF THE HOME-BUYING PROCESS. IN ADDITION TO MORTGAGE-READINESS AND FINANCIAL FITNESS WORKSHOPS, THEY PROVIDE SEVERAL OPPORTUNITIES FOR DOWN-PAYMENT ASSISTANCE. CLIENTS ARE ASSISTED WITH OPENING INDIVIDUAL DEVELOPMENT ACCOUNTS (IDA'S) WHICH PROVIDE 5-1 MATCHING DOLLARS FOR DOWN PAYMENTS, SMALL BUSINESS, VEHICLE PURCHASE AND RETIREMENT.THE DEFAULT INTERVENTION PROGRAM PROVIDES SUPPORT TO HOMEOWNERS AT RISK OF FORECLOSURE. HACIENDA'S CERTIFIED HOUSING COUNSELORS WORK WITH THOSE STRUGGLING FINANCIALLY TO IDENTIFY AND EXPLORE ALL AVAILABLE OPTIONS BASED ON THEIR SPECIFIC SITUATIONS. SERVICES ARE FREE OF CHARGE.HACIENDA'S MERCADO EMPRESARIOS SUPPORTS ENTREPRENEURS THROUGH PERSONALIZEDTECHNICAL ASSISTANCE TO LAUNCH AND SCALE THEIR BUSINESSES, FOCUSING ON WOMEN-, MINORITY- AND IMMIGRANT-OWNED BUSINESSES. HACIENDA'S BILINGUAL/BICULTURAL BUSINESS ADVISORS PROVIDE ONE-ON-ONE TECHNICAL ASSISTANCE, HOST SPANISH-LANGUAGE SMALL BUSINESS BOOTCAMPS, A MONTHLY NETWORKING SEMINAR AND A VARIETY OF EVENTS AND SALES OPPORTUNITIES FOR ENTREPRENEURS. HACIENDA'S MERCADO EMPRESARIOS PROGRAM IS A CRITICAL PART OF THE BIPOC ENTREPRENEURIAL LANDSCAPE IN THE REGION, AND HACIENDA IS AN ACTIVE PARTNER IN PORTLAND'S INCLUSIVE BUSINESS RESOURCE NETWORK.HACIENDA'S COMMITMENT TO SMALL BUSINESSES AND ENTREPRENEURISM IS ALSO HIGHLIGHTED IN THEIR COMMERCIAL PROPERTY PORTLAND MERCADO, WITH 18 ON-SITE BUSINESSES AND A SLIDING-SCALE COMMERCIAL KITCHEN. PORTLAND MERCADO HAS BECOME A THRIVING HUB FOR CULTURAL EVENTS, FOOD, AND ENTREPRENEURISM. HACIENDA ACTIVATES THE SPACE THROUGH HOSTING AND SUPPORTING ON-SITE EVENTS.

🔒

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 $8,626,724
Program Service Revenue $3,972,060
Investment Income $384,031
Other Revenue $386,871
TOTAL REVENUE $13,369,686

Expense Breakdown

Grants Paid $520,560
Salaries & Benefits $5,546,050
Fundraising Expenses $502,677
Program Expenses $10,523,489
Other Expenses $7,551,301
TOTAL EXPENSES $13,617,911

Year-over-Year Comparison

2023 2022 Change
Revenue $13,369,686 $32,544,890 -0.6%
Expenses $13,617,911 $11,650,009 +0.2%
Net Income $-248,225 $20,894,881 -1.0%
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
8
Independent Members
8
Employees
83
Volunteers
45

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
$357,575
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER PLATT CHAIR 2.50
Officer Director
$0 $0 $0
ANGELA MARTIN SECRETARY 2.50
Director
$0 $0 $0
JAVIER ALOMIA VICE CHAIR 2.50
Officer Director
$0 $0 $0
BRAD MILLER TREASURER 2.50
Officer Director
$0 $0 $0
DON KROGH MEMBER 2.50
Director
$0 $0 $0
OMAR MARTINEZ MEMBER 1.00
Director
$0 $0 $0
ANTONIO LARA MEMBER 1.00
Director
$0 $0 $0
GUILLERMO SANDOVAL MEMBER 1.00
Director
$0 $0 $0
HANSARY LAFOREST MEMBER 1.00
Director
$0 $0 $0
AMANDA MANJARREZ MEMBER 1.00
Director
$0 $0 $0
ERNESTO FONSECA CEO 40.00
Officer
$206,999 $0 $206,999
DIANA D NUNEZ CESARES COO 40.00
Officer
$116,170 $0 $116,170
MATTHEW KEBBE CFO 40.00
Officer
$34,406 $0 $34,406
GABRIELA ORDONEZ DIRECTOR OF ECONOMIC OPPORTUNITIES 40.00
Highest
$127,949 $0 $127,949
LETICIA ARACELI CERVANTES PANTOJA DIRECTOR OF INNOVATION 40.00
Highest
$114,429 $0 $114,429
MARYAM BOLOURI DIRECTOR OF REAL ESTATE DEVELOPMENT 40.00
Highest
$105,586 $0 $105,586
GARRETT RUNCK PROJECT MANAGER 40.00
Highest
$100,147 $0 $100,147
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 $13,369,686 $13,617,911 $52,378,247 $-248,225
2023 $32,544,890 $11,650,009 $63,615,474 $20,894,881
2022 $15,053,915 $9,869,406 $41,049,921 $5,184,509
2021 $14,753,048 $8,974,131 $42,129,547 $5,778,917
2020 $9,912,510 $6,642,795 $41,065,333 $3,269,715
2019 $5,819,636 $5,751,922 $33,579,613 $67,714
2018 $4,421,203 $5,558,547 $33,344,792 $-1,137,344
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HACIENDA COMMUNITY DEVELOPMENT CORPORATION with other nonprofits in Oregon and across the country.