Resources For Community Development

Organization Overview

Resources For Community Development is located in Berkeley, CA. The organization was established in 1984. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Resources For Community Development employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resources For Community Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Resources For Community Development generated $7.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $9.5m during the year ending 06/2020. While expenses have increased by 8.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

RESOURCES FOR COMMUNITY DEVELOPMENT CREATES AND PRESERVES AFFORDABLE HOUSING FOR PEOPLE WITH THE FEWEST OPTIONS, TO BUILD COMMUNITY AND ENRICH LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REAL ESTATE DEVELOPMENT: RCD HAS A STRONG RECORD OF DEVELOPING AND PRESERVING AFFORDABLE HOUSING AND COMMUNITY-SERVING FACILITIES, INCLUDING MULTI-FAMILY, SENIOR AND SPECIAL NEEDS PROPERTIES PROVIDING RENTAL APARTMENTS. ABOUT A THIRD OF OUR PORTFOLIO UNITS ARE RESERVED FOR PEOPLE WITH SPECIAL NEEDS. RCD IS ALSO A LEADER IN USING GREEN BUILDING CONSTRUCTION METHODS.


ASSET MANAGEMENT:RCD'S PORTFOLIO OF 64 PROPERTIES IS MANAGED BY THE ASSET MANAGEMENT DEPARTMENT. THE DEPARTMENT'S OBJECTIVES FALL INTO TWO CATEGORIES, OPERATIONAL AND FINANCIAL. OPERATIONAL GOALS INCLUDE MAINTAINING PROJECTS IN SAFE, HABITABLE AND RENTABLE CONDITIONS AND MAINTAINING TENANT SATISFACTION. FINANCIAL GOALS INCLUDE MAINTAINING POSITIVE CASH FLOW AND PRESERVING HEALTHY RESERVES AND MANAGING ITS USE FOR GENERAL OPERATIONS AND CONTINGENCIES.


RESIDENT SERVICES PROGRAM: RCD'S RESIDENT SERVICES PROGRAM ADDRESSES THE MANY CHALLENGES THAT VULNERABLE POPULATIONS FACE IN RETAINING THEIR HOUSING AND MOVING FORWARD SOCIALLY AND ECONOMICALLY. RCD PROVIDES INDIVIDUAL COUNSELING THROUGH SOCIAL SERVICES PARTNERSHIPS AND SERVICE REFERRALS AS WELL AS COORDINATION OF ONSITE SERVICE PROGRAMS FOR RESIDENTS. IN ADDITION RCD PROVIDES AFTER SCHOOL PROGRAMS FOR YOUTH, COMPUTER TRAINING, EDUCATIONAL WORKSHOPS, AND RECREATIONAL AND SOCIAL ACTIVITIES.


COMMUNITY DEVELOPMENT:RCD'S COMMUNITY DEVELOPMENT INITIATIVE EXTENDS BEYOND OUR DEVELOPMENTS TO THE SURROUNDING NEIGHBORHOODS. USING PLACEMAKING STRATEGIES THAT ALLOW RESIDENTS TO DEFINE AND DEVELOP WHAT WILL STRENGTHEN THEIR NEIGHBORHOODS, WE HELP SUPPORT LOW-INCOME COMMUNITIES AS THEY RESPOND TO OPPORTUNITIES AND CHALLENGES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jh Fitzmaurice Inc
General Contractor
$1,119,913
Nibbi Brothers General Contractors
General Contractor
$3,220,146
Lifelong Medical Care Inc
Service Provider
$256,982
Roux Associates Inc
Environmental Consultant
$248,615
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,199,447
Investment income $851,151
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $102,333
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$325
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,994,658

Grants Awarded

Over the last fiscal year, Resources For Community Development has awarded $358,229 in support to 5 organizations.

Grant RecipientAmount

CHURCH LANE RUBICON PARTNERS

PURPOSE: FORGIVENESS OF PARTNERSHIP MANAGEMENT FEE

$316,513

HARRISON HOTEL ASSOCIATES

PURPOSE: FORGIVENESS OF PARTNERSHIP MANAGEMENT FEE

$233,816

IDAHO APARTMENTS ASSOCIATES

PURPOSE: FORGIVENESS OF PARTNERSHIP MANAGEMENT FEE

$23,774

CAMARA HOUSING ASSOCIATES LP

PURPOSE: FORGIVENESS OF PARTNERSHIP MANAGEMENT FEE

$5,000

HARRISON HOTEL INC

Org PageRecipient Profile

Berkeley, CA

PURPOSE: CONTRIBUTE ALVES PARTNERS DISTRIBUTION

-$220,874
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Resources For Community Development has recieved totaling $474,967.

Awarding OrganizationAmount
Destination Home Sv

Mountain View, CA

PURPOSE: Housing and Transportation

$250,000
Tamalpais Pacific

Belvedere Tiburon, CA

PURPOSE: Construct senior affordable house

$100,000
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$48,667
Sobrato Family Foundation

Mountain View, CA

PURPOSE: TO SUPPORT THE EDEN AREA IN BUILDING COMMUNITY VOICE, RESOURCES, AND CAPACITY.

$30,000
Policylink

Oakland, CA

PURPOSE: CORE SUPPORT

$18,800
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT

$17,233
View Grant Recipient Profile

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