Charity Review

Issued: October 2015 Expires: October 2017

Accredited Charity

Reach Community Development

Meets Standards
 
(503) 231-0682 4150 SW Moody Ave, Portland OR 97239-4417 www.reachcdc.org
  1. Conclusions
  2. Complaints
  3. Purpose
  4. Programs
  5. Governance & Staff
  6. Fund Raising
  7. Tax Status
  8. Financial
Conclusions

Reach Community Development meets the 20 Standards for Charity Accountability.

Complaints

Customer Complaints Summary Read complaint details

1 complaint closed with BBB in last 3 years | 1 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 1
Total Closed Complaints 1

Purpose

A healthy community begins at home. REACH's mission is to provide quality, affordable housing for individuals, families and communities to thrive.

Incorporated: 1982 in OR

Also Known As: Affordable Community Environments , ACE , Reach Community Development, Inc. , Reach CDC , 33PO LLC , AC Apartments LLC , BMA, Inc. , Crown Redevelopment, LLC , Elderhope Limited Partnership , Marion Street Apartments, Inc. , Patton Square Leasing, LLC , Reach Admiral LLC , Reach Albina Corner LLC , Reach Allen-Fremont LLC , Reach B49 Leasing LLC , Reach B49 Partners Limited Partnership , Reach Block 49 LLC , Reach Bronaugh GP LLC , Reach Bronaugh LLC , Reach Bronaugh Partners Limited Partnership , Reach Cascadia Village LLC , Reach Covington Commons LLC , Reach Development LLC , Reach Dresden LLC , Reach Gateway Senior Housing Limited Partnership , Reach GOT LLC , Reach Laurelhurst LLC , Reach McCuller Crossing, LLC , Reach McCuller, LLC , Reach Office LLC , Reach Ritzdorf LLC , Reach Rose LLC , Reach Scattered Sites I LLC , Reach Scattered Sites II LLC , Reach Scattered Sites III LLC , Reach Seven Corners, LLC , Reach Taft LLC , Reach Twelfth Avenue Terrace LLC , Reach Walnut Park LLC , Reach Walnut Partners Limited Partnership , Reach Westshore, LLC , Reach Orchards II LLC , Reach Orchards III LLC , Reach Orchards LLC , Reach Orenco II LLC , Reach Orenco III LLC , Reach Orenco LLC , Reach Pine Street LLC , Reach Property Management LLC , Reach Repair, LLC , Reach/Floyd Light, LLC , Taylor Apartments, Inc.

Programs

REACH owns and manages a portfolio of 2,073 units of affordable housing located across the Portland, Oregon metropolitan region, including properties in Multnomah, Washington, and Clark Counties (state of Washington). Their portfolio includes new and renovated plexes, apartment buildings and mixed-use developments.  REACH has also developed a wide range of properties including single-family rental homes, high-density apartment towers, and affordable row houses for first-time home buyers and historic apartment buildings.

To support its affordable housing development, REACH offers the following series of programs, including:
Resident Services - Housing success and economic programs such as eviction prevention, financial education, employment and career support, and access to emergency food and clothing are available to all tenants. REACH's Resident Services programs have developed strategies for tenants to reduce evictions, decrease notices, and help residents maintain their housing. They offer financial education programs for both the adults and youth living in REACH housing.

Community Builders Program (CBP) - REACH provides free, volunteer-powered home repairs for low income elderly and disabled homeowners, as well as families with children living in the home experiencing some type of home health hazard (i.e. lead poisoning, radon, mold, etc.). Free home repairs help maintain the housing stock, avert larger and more costly repairs and injuries, revitalize run-down neighborhoods and promote community through volunteerism.

Volunteer Programs - REACH offers a series of volunteer opportunities throughout the year, working with hundreds of volunteers in our Community Builders Program, as one-on-one tutors, teaching classes and monitoring computer labs.

Governance & Staff

Board Chair: Brett Sheehan, Housing & Facilities Director Business Affiliation: CASA of Oregon

CEO: Mr. Dan Valliere, Chief Executive Officer Compensation:* $86,784 Business Affiliation: Reach CDC

Board Size: 14

Staff: 57

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Fund Raising
Method(s) used: Direct Mail Appeals Invitations to Fundraising Events Grant Proposals Internet Appeals Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 3.07%

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

Financial

The following information is based on Reach Community Development Audited Financial Statements for the fiscal year ending Sunday, August 24, 2014.

Source of Funds
NeighborWorks America grants $590,781
Other grants $1,533,414
Other contributions $410,242
Donated goods and services $49,021
Net rental revenue $14,318,549
Laundry and tenant charges $328,973
Management fees $105,416
Program income $32,722
Gain on sale of assets $666,494
Loss on interest rate swap ($111,345)
Interest income $98,690
Other $34,149
Capital Contributions $8,701,563
Syndication costs ($178,306)
Total Income: $26,580,363
 
Fusion Chart
 
Program Expenses: $18,514,973
Fundraising Expenses: $346,078
Administrative Expenses: $1,772,745
Total Expenses: $20,633,796
 
Income in Excess of Expenses: $5,946,567
 
Beginning Net Assets: $26,834,462
Ending Net Assets: $32,476,695
Total Liabilities: $135,929,446
Total Assets: $182,229,300


An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Standards Legend

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  • Standards Not Met IconStandards Not Met
  • Did Not Disclose IconDid Not Disclose
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Standard 1: Board Oversight


Description:

Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

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Standard 2: Board Size


Description:

Soliciting organizations shall have a board of directors with a minimum of five voting members.

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Standard 3: Board Meetings


Description:

An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

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Standard 4: Board Compensation


Description:

Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.

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Standard 5: Conflict of Interest


Description:

No transaction(s) in which any board or staff members have material conflicting interests with the charity resulting from any relationship or business affiliation. Factors that will be considered when concluding whether or not a related party transaction constitutes a conflict of interest and if such a conflict is material, include, but are not limited to: any arm's length procedures established by the charity; the size of the transaction relative to like expenses of the charity; whether the interested party participated in the board vote on the transaction; if competitive bids were sought and whether the transaction is one-time, recurring or ongoing.

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Standard 6: Effectiveness Policy


Description:

Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

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Standard 7: Effectiveness Report


Description:

Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

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Standard 8: Program Expenses


Description:

Spend at least 65% of its total expenses on program activities.

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Standard 9: Fund Raising Expenses


Description:

Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.

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Standard 10: Accumulating Funds


Description:

Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.

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Standard 11: Audit Report


Description:

Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $500,000, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $500,000, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.

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Standard 12: Detailed Expense Breakdown


Description:

Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fund raising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.

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Standard 13: Accurate Expense Reporting


Description:

Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fund raising expenses or otherwise understate the amount a charity spends on fund raising, and/or overstate the amount it spends on programs will not meet this standard.

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Standard 14: Budget Plan


Description:

Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

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Standard 15: Truthful Materials


Description:

Have solicitations and informational materials, distributed by any means, that are accurate, truthful and not misleading, both in whole and in part. Appeals that omit a clear description of program(s) for which contributions are sought will not meet this standard. A charity should also be able to substantiate that the timing and nature of its expenditures are in accordance with what is stated, expressed, or implied in the charity's solicitations.

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Standard 16: Annual Report


Description:

Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

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Standard 17: Website Disclosures


Description:

Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

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Standard 18: Donor Privacy


Description:

Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

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Standard 19: Cause Marketing Disclosures


Description:

Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).

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Standard 20: Complaints


Description:

Respond promptly to and act on complaints brought to its attention by the BBB Wise Giving Alliance and/or local Better Business Bureaus about fund raising practices, privacy policy violations and/or other issues.