Nonprofit · EIN 93-0979064
HACIENDA COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · PORTLAND, OR 97218
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $13,369,686 | $13,617,911 | -$248,225 | $52,378,247 | $12,157,127 | $40,221,120 |
| June 30, 2023 | 990 | $32,544,890 | $11,650,009 | $20,894,881 | $63,615,474 | $22,882,430 | $40,733,044 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $8,626,724
- of which government grants
- $7,035,419
- Program service revenue
- $3,972,060
- Investment income
- $384,031
- Net income from fundraising events
- $14,793
- Other revenue
- $386,871
Expenses
- Grants and similar amounts paid
- $520,560
- Compensation of officers, directors and key employees
- $805,686
- Other salaries and wages
- $3,730,144
- Salaries, compensation and benefits (total)
- $5,546,050
- Professional fundraising fees
- $0
- Legal fees
- $48,988
- Accounting fees
- $91,545
- Occupancy
- $1,151,512
- Travel
- $70,632
- Depreciation
- $1,155,727
- Program services (functional)
- $10,523,489
- Management and general (functional)
- $2,591,745
- Fundraising (functional)
- $502,677
Balance sheet and other
- Total assets, start of year
- $63,615,474
- Total assets, end of year
- $52,378,247
- Total liabilities, end of year
- $12,157,127
- Net assets, end of year
- $40,221,120
- Land, buildings and equipment
- $28,091,664
- Publicly traded securities
- $2,280,148
- Net assets without donor restrictions
- $27,673,574
- Net assets with donor restrictions
- $12,547,546
- Gross receipts
- $13,509,643
- Employees
- 83
- Volunteers
- 45
- Year formed
- 1988
- 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 June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNESTO FONSECA | CEO Officer | 40 | $206,999 |
| GABRIELA ORDONEZ | DIRECTOR OF ECONOMIC OPPORTUNITIES Highest-paid employee | 40 | $127,949 |
| DIANA D NUNEZ CESARES | COO Officer | 40 | $116,170 |
| LETICIA ARACELI CERVANTES PANTOJA | DIRECTOR OF INNOVATION Highest-paid employee | 40 | $114,429 |
| MARYAM BOLOURI | DIRECTOR OF REAL ESTATE DEVELOPMENT Highest-paid employee | 40 | $105,586 |
| GARRETT RUNCK | PROJECT MANAGER Highest-paid employee | 40 | $100,147 |
| MATTHEW KEBBE | CFO Officer | 40 | $34,406 |
| PETER PLATT | CHAIR Trustee or director, Officer | 2.5 | $0 |
| ANGELA MARTIN | SECRETARY Trustee or director | 2.5 | $0 |
| JAVIER ALOMIA | VICE CHAIR Trustee or director, Officer | 2.5 | $0 |
| BRAD MILLER | TREASURER Trustee or director, Officer | 2.5 | $0 |
| DON KROGH | MEMBER Trustee or director | 2.5 | $0 |
| OMAR MARTINEZ | MEMBER Trustee or director | 1 | $0 |
| ANTONIO LARA | MEMBER Trustee or director | 1 | $0 |
| GUILLERMO SANDOVAL | MEMBER Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANSARY LAFOREST | MEMBER Trustee or director | 1 | $0 |
| AMANDA MANJARREZ | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERNESTO FONSECA | CEO Officer | 40 | $205,722 | $10,047 |
| JEROME SULLIVAN | CFO Officer | 40 | $108,003 | $7,213 |
| BARBARA CROWLEY-ALEXANDER | CFO THROUGH Officer | 40 | $73,280 | $0 |
| JAVIER ALOMIA | CHAIR EFF. 5 Trustee or director, Officer | 2.5 | $0 | $0 |
| JOCELYN BOURGAULT | VICE CHAIR Trustee or director, Officer | 2.5 | $0 | $0 |
| ANGELA MARTIN | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| DON KROGH | TREASURER EF Trustee or director, Officer | 2.5 | $0 | $0 |
| PETER PLATT | CHAIR UNTIL Trustee or director, Officer | 2.5 | $0 | $0 |
| BRAD MARTIN | TREASURER UN Trustee or director, Officer | 2.5 | $0 | $0 |
| HANSARY LAFOREST | MEMBER Trustee or director | 1 | $0 | $0 |
| ANTONIO LARA | MEMBER Trustee or director | 1 | $0 | $0 |
| STACI MARTIN | MEMBER Trustee or director | 1 | $0 | $0 |
| OMAR MARTINEZ | MEMBER Trustee or director | 1 | $0 | $0 |
| BRAD MILLER | MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICIA PATRON | MEMBER Trustee or director | 1 | $0 | $0 |
| GUILLERMO SANDOVAL | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6700 NE KILLINGSWORTH ST SUITE 200, PORTLAND, OR 97218-3318
- Principal officer (990 for 2023)
- ERNESTO FONSECA, 6700 NE KILLINGSWORTH ST, PORTLAND, OR 97218
- Signed the 990
- ERNESTO FONSECA, CEO
- Phone
- (503) 595-2111
- Website
- WWW.HACIENDACDC.ORG
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
HACIENDA IS A LATINO COMMUNITY DEVELOPMENT CORPORATION THAT STRENGTHENS FAMILIES BY PROVIDING AFFORDABLE HOUSING, HOMEOWNERSHIP SPUPORT, ECONOMIC ADVANCEMENT, AND EDUCATIONAL OPPORTUNTIES.
Program accomplishments
- 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.Expenses $6,135,154 · revenue $2,989,288
- 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.Expenses $2,443,918 · grants $80,052 · revenue $639,816
- 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.Expenses $1,944,417 · grants $440,508 · revenue $342,956
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 93-0979064
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $52,378,247
- Income (IRS master file)
- $13,509,643
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $13,369,686 | $13,617,911 | $52,378,247 | XML |
| 990 | June 2023 | $32,544,890 | $11,650,009 | $63,615,474 | XML |
| 990 | June 2022 | $15,053,915 | $9,869,406 | $41,049,921 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 93-0979064).
Questions about HACIENDA COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of HACIENDA COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of HACIENDA COMMUNITY DEVELOPMENT CORPORATION is 93-0979064.
- Is HACIENDA COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to HACIENDA COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HACIENDA COMMUNITY DEVELOPMENT CORPORATION 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 HACIENDA COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HACIENDA COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of HACIENDA COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2024 names ERNESTO FONSECA.
- Who are the officers and directors of HACIENDA COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2024 lists 17 people; 7 received compensation from the organization, the highest $206,999 (ERNESTO FONSECA, CEO).
- How much revenue does HACIENDA COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $13,369,686, expenses of $13,617,911 and total assets of $52,378,247 at year end.
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