Nonprofit · EIN 27-2773359
COMMUNITY RESOURCE TR
Tax-exempt · SALEM, OR 97301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $105,012 | $369,838 | -$264,826 | $2,323,390 | $587,720 | $1,735,670 |
| December 31, 2023 | 990 | $416,396 | $631,654 | -$215,258 | $2,508,156 | $546,573 | $1,961,583 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $24,446
- of which government grants
- $22,946
- Program service revenue
- $80,547
- Investment income
- $19
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $157,955
- Compensation of officers, directors and key employees
- $133,250
- Salaries, compensation and benefits (total)
- $158,890
- Professional fundraising fees
- $0
- Legal fees
- $3,220
- Accounting fees
- $21,025
- Travel
- $152
- Program services (functional)
- $316,316
- Management and general (functional)
- $53,522
Balance sheet and other
- Total assets, start of year
- $2,508,155
- Total assets, end of year
- $2,323,390
- Total liabilities, end of year
- $587,720
- Net assets, end of year
- $1,735,670
- Net assets without donor restrictions
- $1,644,357
- Net assets with donor restrictions
- $91,313
- Gross receipts
- $105,012
- Employees
- 4
- Volunteers
- 7
- Year formed
- 2010
- State of legal domicile
- OR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Beth Hays | Executive Director Highest-paid employee | 40 | $133,250 | $16,135 |
| Chuck Swank | Board Chair Trustee or director, Officer | 1 | $0 | $0 |
| Shaney Starr | Board Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Victoria Shinn | Board Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| George Jennings | Board Director Trustee or director | 1 | $0 | $0 |
| Carlotta Alverson | Board Director Trustee or director | 1 | $0 | $0 |
| Kaley Fought | Board Director Trustee or director | 1 | $0 | $0 |
| Paul De Muniz | Board Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Beth Hays | Executive Director Officer, Key employee | 40 | $120,817 | $10,567 |
| Paul De Muniz | Board Director Trustee or director | 1 | $0 | $0 |
| Chuck Swank | Board Chair Trustee or director, Officer | 1 | $0 | $0 |
| Victoria Shinn | Board Treasurer Trustee or director | 1 | $0 | $0 |
| George Jennings | Board Director Trustee or director | 1 | $0 | $0 |
| Shaney Starr | Board Secretary Trustee or director | 1 | $0 | $0 |
| Chane Griggs | Board Director Trustee or director | 1 | $0 | $0 |
| Carlotta Alverson | Board Director Trustee or director | 1 | $0 | $0 |
| Kaley Fought | Board Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 455 BLILER AVE NE, SALEM, OR 97301-5069
- Mailing address (990-N for 2012)
- 201Ferry Street SE Ste 400, Salem OR 97301
- Principal officer (990 for 2024)
- BETH HAYS, 2540 Rose Garden St NE, Salem, OR 973019705
- Principal officer (990-N for 2012)
- Ron Hays, 201 Ferry Street SE Ste 400, Salem OR 97301
- Signed the 990
- Beth Hays, Executive Director
- Phone
- (503) 507-8248
Mission
Primarily, this corporation is organized to achieve the objectives of reducing poverty through: pursing economic wellness; fostering low-income housing; providing structures in which charitable organizations are located; and promoting education in the State of Oregon.
Program accomplishments
- Community Resource Trust has collaborated with Oregon Housing and Community Services, Key Community Development Corporation, the City of Salem, and Mountain West Investment Corporation, to build 180 low-income housing units in the city of Salem, Oregon. The project is complete and fully-leased. Community Resource Trust (CRT) applied to Oregon Housing and Community Services (OHCS) for funding to build 183 units of low-income housing in collaboration with Neighborly Development. CRT obtained conditional funding reservation approval and are currently in the financial feasibility phase with OHCS - with an estimated financial closing date and ground-breaking in 2026.Expenses $158,361 · revenue $75,378
- Community Resource Trust is serving as Project Sponsor and Managing Member for the Woodburn Opportunity Center. Together with Immanuel Lutheran Church, they have formed an LLC to own and operate the center. Community Resource Trust is serving as Project Sponsor for funding applications and contribute secured funds into the project. The project is currently in its predevelopment stage.Expenses $60,000 · grants $60,000 · revenue $1,500
- Community Resource Trust is currently funding the School Innovation Collaboration project, which is designed to improve attendance and achievement rates in 3 high schools and 2 elementary schools in Salem, Oregon.Expenses $97,955 · grants $97,955
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2773359
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K31)
- Assets (IRS master file)
- $2,323,390
- Income (IRS master file)
- $105,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $105,012 | $369,838 | $2,323,390 | XML |
| 990 | December 2023 | $416,396 | $631,654 | $2,508,156 | XML |
| 990 | December 2022 | $276,790 | $301,887 | $2,677,282 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Ron Hays | June 30, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2773359).
Questions about COMMUNITY RESOURCE TR
- What is the EIN of COMMUNITY RESOURCE TR?
- The employer identification number (EIN) of COMMUNITY RESOURCE TR is 27-2773359.
- Is COMMUNITY RESOURCE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to COMMUNITY RESOURCE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY RESOURCE TR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY RESOURCE TR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY RESOURCE TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY RESOURCE TR?
- The 990 for the year ended December 31, 2024 names BETH HAYS.
- Who are the officers and directors of COMMUNITY RESOURCE TR?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $133,250 (Beth Hays, Executive Director).
- How much revenue does COMMUNITY RESOURCE TR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $105,012, expenses of $369,838 and total assets of $2,323,390 at year end.
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- FRIENDS OF FAMILY FARMERS EIN 30-0390131 · last filed 990 for 2024
- SALEM DREAM CENTER EIN 46-3830031 · last filed 990 for 2025
- OREGON CATTLEMENS STEWARDSHIP FUND EIN 93-1252622 · last filed 990 for 2025
- LOW INPUT VITICULTURE & ENOLOGY INC EIN 93-1265811 · last filed 990 for 2025
- OREGON AG FEST INC EIN 93-1067999 · last filed 990 for 2025
- OUTER ATOLL RESOURCES EIN 83-2361525 · last filed 990-PF for 2025
- SALEM HARVEST EIN 45-3043885 · last filed 990-EZ for 2025
All nonprofits in SALEM · Oregon · Food, agriculture and nutrition