RVM MEDFORD II HOUSING CORPORATION LARSON CREEK RETIREMENT CENTER

EIN: 943212537 501(c)(3) Housing & Shelter

MEDFORD, OR

Total Revenue
$360,339
Total Expenses
$397,577
Total Assets
$1,048,435
Net Assets
$1,002,348
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
OR
Principal Officer
LARRY BOECK
Phone
5418577205
Tax Period
2024-07-01 to 2025-06-30

RVM MEDFORD II HOUSING CORPORATION LARSON CREEK RETIREMENT CENTER, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $360K in total revenue in fiscal year 2024. Expenses of $398K exceeded revenue, resulting in a 10% operating deficit.

Mission

AS LEADERS IN AFFORDABLE HOUSING, WE ARE DEDICATED TO QUALITY, RESPECT ANDINTEGRITY. OUR DESIRE IS TO PROVIDE SUPPORT AND RESOURCES TO CREATE AN ENVIRONMENT THAT WILL ENRICH THE LIVES OF OUR EMPLOYEES AND RESIDENTS. WE TAKE PRIDE IN BUILDING, ADMINISTERING, AND MAINTAINING HIGH STANDARDS OF SERVICE FOR INDIVIDUALS AND FAMILIES. WITH CONTINUED EDUCATION, COMMUNITY INVOLVEMENT, AND REFINED PRACTICES, WE WILL DEVELOP AND MAINTAIN SUPERIOR AFFORDABLE HOUSING THAT SURPASSES EXPECTATIONS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $192,889
Program Service Revenue $165,905
Investment Income $4
Other Revenue $1,541
TOTAL REVENUE $360,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,947
Fundraising Expenses $0
Program Expenses $301,620
Other Expenses $293,630
TOTAL EXPENSES $397,577

Year-over-Year Comparison

2024 2023 Change
Revenue $360,339 $363,906 0.0%
Expenses $397,577 $386,414 +0.0%
Net Income $-37,238 $-22,508 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY BOECK CHAIR 0.04
Officer Director
$0 $0 $0
SHAWNA SLOAN VICE CHAIR 0.04
Officer Director
$0 $0 $0
DAMIEN RENNIE TREASURER 0.04
Officer Director
$0 $0 $0
PAT TOSSAVAINEN SECRETARY 0.04
Officer Director
$0 $0 $0
BECKY SNYDER DIRECTOR 0.04
Director
$0 $0 $0
ROBERT KERR DIRECTOR 0.04
Director
$0 $0 $0
MADELINE TUCKER DIRECTOR 0.04
Director
$0 $0 $0
ANDREA BUDAVARI DIRECTOR 0.04
Director
$0 $0 $0
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
2025 $360,339 $397,577 $1,048,435 $-37,238
2024 $363,906 $386,414 $1,084,897 $-22,508
2023 $337,594 $371,849 $1,112,311 $-34,255
2022 $310,089 $365,586 $1,134,727 $-55,497
2021 $316,106 $310,637 $1,186,188 $5,469
2020 $295,018 $313,256 $1,189,552 $-18,238
2019 $289,629 $313,823 $1,214,283 $-24,194
2018 $255,336 $306,319 $1,238,730 $-50,983
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