2025-03-14T13:02:01-07:00 2024-09-30 200276349 MUN CPAs LLP 2901 Douglas Blvd Roseville CA 95661 990 2023-10-01 942512284 Rural Community Assistance Corporation RURA 9164472854 3120 Freeboard Drive 201 West Sacramento CA 95691 Suzanne Anarde-Devenport CEO 2025-03-14 true true Bradley J Bartells CPA P02363556 9167744208 2023 2025-03-06 01:10:19Z Suzanne Anarde-Devenport 3120 Freeboard Drive 201 West Sacramento CA 95691 58928370 false X WWW.RCAC.ORG X 1978 CA RCAC provides training, technical and financial resources and advocacy so rural communities achieve their goals and visions. 9 9 250 9 0 31334044 49368506 6017683 6513900 2325706 2765883 -11762 143539 39665671 58791828 3067544 7884812 0 20115191 24363380 0 555200 10949546 18097194 34132281 50345386 5533390 8446442 196674615 220723819 104760211 119722945 91914404 101000874 X RCAC provides training, technical and financial resources and advocacy so rural communities achieve their goals and visions. false false 23714030 Community & Environmental Services:RCAC assisted 1,041 rural communities to build, improve, manage, operate or finance drinking water, wastewater or solid waste systems. RCAC reached more than 14,000 training participants through 404 workshops on technical, managerial, and financial topics related to environmental infrastructure. RCAC provided more than 150,000 hours of technical assistance and training to Indigenous communities in the West.RCAC's Building Rural Economies program continues to thrive and served 83 projects this year. We continue to support individual rural-based businesses with business coaching. This year, we provided these direct one-on-one business coaching services to support 52 rural businesses during the year. 15229173 Loan Fund:The Department had a productive year nearly matching our 2023 lending activity. The Loan Fund financed 84 projects lending over $75.4 million in our rural communities. This generated 520 affordable housing units, helped produce and repair 9,384 waste/water connections, created 13,858 in community facility space and helped create or retain 1,667 jobs. RCAC provided ReLieF loans to our business owners struggling from the impact of covid and the current economy. The pipeline of applications remains strong, the outstanding portfolio stood at over $132 million with a delinquency rate of less than 6% percent. A new Senior Loan Closing Specialist has been recruited. 5828734 Housing:Mutual Self Help Housing grantees are struggling with the availability of home construction funding, USDA Rural Development Section 502. Still, combined the 47 grantees produced 452 new construction homes and 52 homes were rehabilitated.The Housing Counseling program provided training both online and in person. 48 online training courses educated 708 attendees and 12 in person training courses educated 122 attendees. Staff continues to support 14 local housing counseling organizations with HUD funding and technical assistance. Development Solutions continues to work with non-profits in Hawaii, Montana, Utah, California, Guam, Oregon and Washington to assist them in building housing development and operational capacity.The Homeownership Program continued to support USDA Rural Developments Section 502 Direct mortgage loan program through training, intermediary processing services and general promotion to underserved communities of color. 188 Section 502 loan packagers received the five-day training. Staff also processed 316 loan processes submitted by local packagers. Five Washington homeownership organizations received technical development assistance with funding from the State.The Community Resilience and Disaster Planning program (formerly Disaster Recovery Services). Staff continues to assist in the Camp Fire recovery in Butte County, California, assisting them with mitigation planning and implementation to reduce future wildfire risk. They also are completing a wildfire recovery plan in New Mexico and are commencing a Hazard Mitigation Plan revision for a tribe in Northern California. 4558079 49330016 true true false true false false false false false false true false false false true true true false false false false false false false false false false true true true true false false false false false false false false false false false false false false true true false false false true 280 0 true 250 true false false false false false false false 0 false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false AK CA CO NM OR UT WA X X X Anjali Sheth 9164479832 3120 Freeboard Drive STE 201 West Sacramento CA 95691 Suzanne Anarde-Devenport CEO 40.00 0.00 X 316846 0 41397 Cynthia Spencer COO 40.00 0.00 X 169540 0 33278 Ari Neumann Chief Impact & Policy Officer 40.00 0.00 162279 0 26197 Juanita Hallstrom Director, Loan Fund 40.00 0.00 152283 0 31981 Anjali Sheth Controller 40.00 0.00 146775 0 36579 David Ferrier Director, Housing Prog. 40.00 0.00 157448 0 22062 Julia Helmreich Comms/Dev Event Dr 40.00 0.00 126677 0 17669 Michael Carroll Vector Fund Dir 24.00 0.00 108312 0 13623 Hoan Nguyen Chief Financial Officer 40.00 0.00 76302 0 9935 Kate Hammarback Int. Secretary 3.00 0.00 X X 0 0 0 Claudia O'Grady Treasurer 3.00 0.00 X X 0 0 0 Martin Miller President 10.00 0.00 X X 0 0 0 Doris Morgan Board Member 2.00 0.00 X 0 0 0 Frank Bravo Vice President 5.00 0.00 X X 0 0 0 Jackie Qatalina Schaeffer Board Member 2.00 0.00 X 0 0 0 Keoni Lee Board Member 3.00 0.00 X 0 0 0 Carleen Herring Secretary 2.00 0.00 X X 0 0 0 Andres Cano Board Member 2.00 0.00 X 0 0 0 Robert Apodaca Board Member 2.00 0.00 X 0 0 0 1416462 232721 8 true true false 0 41160461 8208045 49368506 Loan Fees Revenue 900099 994537 994537 Loan interest revenue 900099 5235992 5235992 Loan Servicing Fees Rev. 900099 283371 283371 6513900 2765883 2765883 0 0 101848 136542 -34694 -34694 -34694 0 0 0 0 Environmental Seed Money 900099 24173 24173 Housing Revenue 900099 1094 1094 Reinvestment Revenue 900099 152966 152966 178233 58791828 6657439 2765883 X 7823033 7823033 61779 61779 0 0 1755468 1375584 349565 30319 0 15075547 11811608 3003480 260459 0 7532365 5907277 1495260 129828 0 0 0 0 0 0 0 8398015 7654745 743270 0 0 417099 1465 415634 0 536019 536019 1762128 1475038 287090 0 88002 65863 22139 2057063 2057063 0 49291 49291 194206 73724 120482 Provision for Loan Loss 2700000 2700000 Training Costs 510684 298410 212274 EQUIPMENT RENTAL/Maintenance 332263 332263 Dues and Subscriptions 291809 229722 62087 760615 7794705 -7168684 134594 50345386 49330016 460170 555200 2484997 9218392 70927068 59582277 13688244 17316257 1135485 1720423 0 0 102344223 126879229 0 1441368 1628966 6329575 4901907 1419209 1427668 270041 271060 237211 318960 0 0 2726769 2360587 196674615 220723819 2951454 5604025 87631 87630 98753862 110186974 2672258 3442787 295006 401529 104760211 119722945 X 47131005 45177567 44783399 55823307 91914404 101000874 196674615 220723819 8446442 640028 X false true X true true true X 22812909 45156274 27304510 31334044 49368508 175976245 0 0 22812909 45156274 27304510 31334044 49368508 175976245 0 175976245 389187 178117 574728 2325706 2765883 6233621 0 -11762 143537 131775 182341641 31382315 0.96510 0.97260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 366705 366705 49978681 50345386 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 329498 320034 394012 366705 1410249 250000 250000 250000 250000 1000000 1500000 Part II-B, Line 1i - Other Activities Description RCACs mission is to provide training, technical and financial resources and advocacy for rural communities can achieve their goals and visions. In recent years RCAC has increased advocacy efforts including outreach to Congressional offices regarding rural programs and policy, and advocacy at the state level including outreach to Legislators, drafting, and signing letters of support regarding Legislation. RCACs 2015 2019 Strategic Plan includes an outcome to increase impact through collaboration with local, state, and national networks with related targets including RCAC advocacy efforts will ensure that a strong western voice is heard in Washington (DC), and result in four legislative, and three administrative successes in the next five years. RCAC has a Government Affairs and Rural Policy (GARP) Team which coordinates advocacy for the organization. RCAC also has a lobbyist, Brian Augusta, who coordinates state focused advocacy and support regarding Legislation. State efforts were focused on California, Washington and New Mexico. The following is a summary of advocacy activities by RCAC October 1, 2018 September 30, 2019 based on GARP reports submitted to the RCAC Board, and Legislative Priorities outlined for our annual Legislative Fly In to Washington D.C. National Priorities RCAC conducts an annual Legislative Fly In to Washington D.C. in conjunction with our national affiliate, Rural Community Assistance Partnership (RCAP). The purpose of the event is to visit with Congressional offices, educate Legislators about RCAC work with communities in their states, and to advocate for programs and policy that benefits rural communities throughout the West, and nationally. Rural Policy Initiatives RCAC often signs letters sponsored by other entities to increase collaboration, partnership, and strength in advocacy. RCAC drafts letters, provides comments, and conducts outreach to Legislators, Governors offices, and is actively involved with tracking program and policy issues affecting rural communities. California advocacy activities 2019During the 2019 California legislative session, RCACs team undertook the following:Supported CA AB 1010regarding eligible entities for housing programs.Supported AB 1099regarding Insurance: California Organized Investment Network (COIN).Supported CA Budget Request for one-time funding for housing impacted by natural disasters Supported CA SB 252capital gains exclusion for sale of mobile home parks to qualified purchasers Supported CA AB 1588changes to make it easier for water operators to get certifiedNew Mexico advocacy activities 2019Supported HB 175New Mexicos regionalization billWashington advocacy activities 2019Support for HB 1406to allow communities to keep a portion of the state sales tax that they already collect to invest in local affordable housing needsSupported HB 1453reforming eviction lawsSupported HB1923removing impediments to building affordable housingSupport for state housing trust fundFederal:Support the U.S. House and Senate Conference committees five-year Farm BillSupport Updated Rebuild Rural America (Gillibrand)Signed on to Our Homes Our Voices letter to get housing addressed in presidential debatesSign on to coalition letter urging Administration continue funding the national Housing Trust Fund (HTF) and the Capital Magnet Fund (CMF) as housing finance reform efforts move forward, including the implementation of any capital restoration plan.Sign on to letter urging that HUD announce the awards for FY 2019 Housing Counseling Assistance and make this funding available to the appropriate HUD approved housing counseling agencies as soon as possibleSign on to letter urging that housing counseling funds be increased in FY2020Sign on to CRC's letter to the CFPB opposing proposed changes to the 'ability to pay' rule for small dollar payday loans. Sign on to letter endorsing invest AHSC (affordable housing and sustainable communities)Sign on to letter urging Congress to support the CDFI fund in 2020Sign on to letter CFPB Director Kathy Kraninger to provide clear guidelines on when lenders can pay for housing counseling services on a fee-for-service basisDear Colleague letter to be circulated in Congress requesting $65 million in appropriations for the HUD Housing Counseling Program on behalf of the CoalitionCoalition supporting funding for the Capital Magnet Fund support for Sen. Warren housing billSign on to Housing Assistance Council letter requesting support for SHOP and Rural Capacity Building Nationwide sign-on letter from the HOME coalition urging lawmakers to restore funding for the federal HOME Investment Partnerships Program (HOME) to at least $1.5 billion in the fiscal year (FY) 2020 appropriations.Opposition to Proposed H-2A RegulationsComment letters written:Please do not lower the bar on the Community Reinvestment ActOpposition letter: Enterprise Joins Affordable Housing, Civil Rights, and Immigration Organizations in Opposing HUD Rule that Would Separate or Evict Mixed-Status Families Part IV - Additional Information 427000 427000 2694462 2291496 402966 2127981 1630930 497051 1080132 979481 100651 1427668 Deferred Compensation Plan 288332 Post Employment Benefit Liability 105280 SECURITY DEPOSIT 7917 401529 X 59568398 640028 136542 776570 58791828 58791828 50481928 136542 136542 50345386 50345386 Part X : FIN48 Footnote Part X, Line 2: Accounting guidance issued by Financial Accounting Standards Board (FASB) prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Organization did not have unrecognized tax benefits as of September 30, 2024 and 2023 and does not expect this to change significantly over the next twelve months. The Organization will recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. As of September 30, 2024 and 2023, the Organization has not accrued interest or penalties related to uncertain tax positions. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental Operations Expense $136542 Part XII, Line 2d: Other expenses and losses per audited F/S Rental Operations Expense $136542 true Access PO Box 4666 Medford OR 97501 930665396 501 (c) (3) 52766 0 Housing Counseling CHAWANAKEE UNIFIED SCHOOL DIS 26065 Outback Industrial Way ONeals CA 93645 352247258 School District 10290 0 A4A_DW4S-R2 Comite De Bien Estar PO Box 7170 San Luis AZ 85349 860427342 501 (c) (3) 34533 0 Housing Counseling Comm Hsing Council of Fresno 2560 W Shaw Lane 101 Fresno CA 93711 113686123 501 (c) (3) 25369 0 Housing Counseling Community in Action 915 SW 3rd Ave Ontario OR 97914 264061084 501 (c) (3) 29091 0 Housing Counseling Golden Feather Union Element 11679 Nelson Bar Rd Oroville CA 95965 680150335 Govt Entity 16180 0 DW4S-R2 HAWAII COMMUNITY LENDING INC 200 N Vineyard Blvd Ste A300 Honolulu HI 96817 413100005 501(C)(3) 10000 0 PRT23_HERON_EXEC Hawaiian Comm Assets Inc 200 Vineyard Blvd Suite A300 Honolulu HI 96817 990348767 501 (c) (3) 13053 0 Housing Counseling HomesFund PO Box 2179 Durango CO 81302 800266636 501 (c) (3) 44063 0 Housing Counseling Housing Solutions of N AZ PO Box 30134 Flagstaff AZ 86004 860732457 501 (c) (3) 101715 0 Housing Counseling Hoy Recovery Program Inc PO Box 520 Espanola NM 87532 850232147 501 (c) (3) 6876 0 RCDI20_BRE_FED Inland Fair Hsg & Mediation B 1500 S Haven Ave STE 100 Ontario CA 91761 953639912 501 (c) (3) 88314 0 Housing Counseling KINGS CANYON UNIFIED SCH Dist 1801 10th St Reedley CA 93654 582103066 School District 19064 0 A4A-BW4S-SUBS La Jolla Band of Luiseno Indi 22000 Highway 76 Pauma Valley CA 92061 952885882 FED Rec Indian Tribe 152477 0 IRWMPSD Lake Morena Views Mut CO PO Box 315m Campo CA 91906 942706173 501 (c) (3) 506653 0 Improve Nitrate Treatment System LOCAL FIRST ARIZONA Fndn 407 E Roosevelt Street Phoenix AZ 85004 261657951 501(C)(3) 50000 0 VECTOR_CLI Logan County Economic Develop PO Box 72 Sterling CO 80751 260017546 501 (c) (3) 27291 0 RCDI21_BRE_FED Lutheran Social Svs of Socal 435 W Orange Show Lane STE104 San Bernardino CA 92408 952225798 501 (c) (3) 17643 0 Housing Counseling Marysville Joint Unified Sch 1919 B Street Marsville CA 95901 941630816 School District 13021 0 SWRCB_BW4S Mother Lode Job Training 3120 Freeboard Drive STE 201 West Sacramento CA 95691 770274423 501 (c) (3) 17030 0 BUF_HCD_SNC_HUD Nanakuli Housing Corporation PO Box 17489 Honolulu HI 96817 990273980 501 (c) (3) 45121 0 Housing Counseling Natl Affordable Hsg Network PO Box 3706 Butte MT 59702 810493044 501 (c) (3) 49300 0 Housing Counseling Neighborhood NPO HSG Corp 195 W Golf Course Rd Suite 1 Logan UT 84321 870559307 501 (c) (3) 21733 0 Housing Counseling NEW MEXICO COMMUNITY CAPITAL 301 Gold Ave SW Suite 102 Albuquerque NM 87102 201798654 501(C)(3) 50000 0 VECTOR_CLI Plenty Doors Comm Dev Corp PO Box 1061 Crow Agency MT 59022 822045927 501 (c) (3) 50767 0 RCBGHUD ROBINSON RANCHERIA CITIZENS B 1545 CA-20 Upper Lake CA 95485 942603481 501(c)(6) 9940 0 RCDI22_BRE_FED SOUTHEAST IDAHO COUNCIL OF GO 214 E Center St Pocatello ID 83201 820304303 Tribal Gov 8344 0 RCBGHUD_20_BRE_FED STARTUP TUCSON 44 N Stone Ave Tucson AZ 85701 460801496 501(C)(3) 60000 0 VECTOR_CLI UNIVERSITY OF OREGON 1585 E 13th Ave Eugene OR 97403 464727800 Corp 69769 0 EFC_REGION10_BIL_FED Various Others 3120 Freeboard Drive STE 201 West Sacramento CA 95691 5988628 0 Various Others w/out loan #s Ventura Cty Comm Dev Corp 2231 Sturgis Road Suite A Oxnard CA 93030 743061811 501 (c) (3) 58019 0 Housing Counseling W Arizona Council of Gov 1235 S Redondo Center Dr Yuma AZ 85365 860262126 Tribal Gov 73464 0 Housing Counseling Washoe Development Corp PO Box 866 US Hwy 395 N Miden NV 89423 384228667 Tribal Enterprise 11706 0 RCBGHUD20_BRE_FED WILLAMETTE PARTNERSHIP 1300 SE Stark St Suite 212 Portland OR 97214 331103430 501(C)(3) 90813 0 EFC_REGION10_BIL_FED 30 4 Procure Water Supply Eng. Consult. 1 61779 X X false false false false false false false false false Anjali Sheth Controller 146775 5936 30643 183354 Ari Neumann Chief Impact & Policy Officer 162279 6560 19637 188476 Cynthia Spencer COO 169540 6872 26406 202818 David Ferrier Director, Housing Prog. 157448 6434 15628 179510 Hoan Nguyen Chief Financial Officer 76302 9935 86237 Juanita Hallstrom Director, Loan Fund 152283 6244 25737 184264 Suzanne Anarde-Devenport CEO 316846 12700 28697 358243 A California Infrastructure 630304653 13033WNW9 2004-06-03 2830000 See part VI false false false A 2830000 96462 2733538 false false true true A false false false false false false false A false false false false false false false false Part VI Schedule K, Part I, Bond Issues:(a) Issuer Name: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK(f) Description of Purpose:FINANCE THE PURCHASE OF RCAC'S HEADQUARTERS BUILDING IN WEST SACRAMENTO, CA Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: RCACs OTHER SERVICES INCLUDE CAPACITY BUILDING, TRAINING, AND RESOURCES FOR OTHER NONPROFIT ORGANIZATIONS. Form 990, Part VI, Section B, Line 11b The form 990 is prepared by MUN, CPAs with the supporting documents provided by RCAC staff. The Controller and CFO review the form internally before and then submit the form for Finance Committees review and approval. Then the Finance Committee presents it to the Full Board and it is reviewed and approved by the board in their February Board meeting. At times, the Board requests changes to be made to the document. Once the form is revised, it is ready for our CEOs signature. After getting it signed by our CEO, Suzanne Anarde-Devenport, we submit it to the IRS and then we post it on our website at www.rcac.org. Form 990, Part VI, Section B, Line 12c ALL STAFF ARE SUBJECT TO A CONFLICT OF INTEREST POLICY INCORPORATED INTO THE PERSONNEL PLAN. ADHERENCE TO AND MONITORING OF THE POLICY IS THE RESPONSIBILITY OF EACH EMPLOYEE, THEIR SUPERVISOR, AND THE HUMAN RESOURCES DEPARTMENT. IN ADDITION, ALL OFFICERS, BOARD OF DIRECTOR MEMBERS, AND SENIOR STAFF ARE SUBJECT TO AN ADDITIONAL "CONFLICT OF INTEREST AND CONFLICT OF LOYALTY POLICY". THIS ADDITIONAL POLICY REQUIRES ANNUAL REPORTING BY EACH PERSON AND PERIODIC REVIEWS BY INTERNAL OR EXTERNAL PARTIES.Senior Leadership Team (SLT) signs an attestation annually, either Grants and Contracts Administration (GCA) department or the CEO Executive Assistant oversees the process. Form 990, Part VI, Section B, Line 15b RCAC COMPLIES WITH THE CALIFORNIA NONPROFIT INTEGRITY ACT OF 2004, EFFECTIVE 1/1/2005, WHICH REQUIRES THE BOARD OF DIRECTORS OF ALL NONPROFIT ORGANIZATIONS TO REVIEW AND APPROVE THE COMPENSATION, INCLUDING BENEFITS, OF THE ORGANIZATION'S PRESIDENT OR CEO AND ITS TREASURER OR CFO. THE PURPOSE OF THE REVIEW IS TO ENSURE THAT THE COMPENSATION IS "JUST AND REASONABLE". IN CONJUNCTION WITH THE REVIEW, THE RCAC BOARD OF DIRECTORS REVIEWS A COMPARISON, PREPARED BY OUR HUMAN RESOURCES DEPARTMENT, OF CEO AND CFO COMPENSATION AT OTHER NONPROFIT ORGANIZATIONS. ADDITIONAL RESOURCES AND OTHER COMPARATIVE INFORMATION MAY ALSO BE USED. THE SALARY SCALES AND AVERAGE COMPENSATION INCREASES FOR ALL STAFF IS ALSO ANNUALLY REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ON THE WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT POSTED ON THE WEBSITE. HOWEVER, THEY ARE FILED IN OUR SHARED FOLDERS FOR STAFF REFERENCE AND USE. IT IS MADE AVAILABLE TO THE PUBLIC WHENEVER RCAC RECEIVES A REQUEST FOR IT. Rural Quality LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 451560484 Provide tech asst for affrordable housing CA 219 3366 Rural Community Assistance Corporation Rural Integrity LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 474023564 Tech asst and lending support to affordable housing CA 15 163 Rural Community Assistance Corporation RCAC Maili LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 842769254 Provide tech asst for affordable housing in HI CA 63061 Rural Community Assistance Corporation Wingate Village GP LLC 321 E Center St Moab UT 84532 850511360 Develop Affordable Housing CA 23 660 RCAC & HASU RCAC Rooted Equity Fund LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 933835207 Lending CA 8862 65149 RCAC GSAF LLC 100 Pine Street 1800 San Francisco CA 94111 465350755 Lending to support affordable housing CA Low Income Inv Fund false false 0.25000 RCAC Meadow LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 842755886 Develop Affordable Housing CA RCAC C Corp -10 30883 1.00000 false false false false false false false false false false false false false false false false false false false false