2023-11-15T22:07:54-06:00 2022-12-31 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2022-01-01 931057208 UMPQUA COMMUNITY DEVELOPMENT CORP UMPQ 5416734909 605 SE KANE STREET ROSEBURG OR 97470 ERICA MILLS CEO 5416734909 2023-11-15 1 ERICA MILLS 999009999 1 JOLANTA TUCK CPA P01340068 9164429100 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NEIGHBORWORKS UMPQUA ERICA MILLS 605 SE KANE STREET ROSEBURG OR 97470 6192979 0 X WWW.NWUMPQUA.ORG X 1991 OR PROVIDE LOW-INCOME HOUSING & COMMUNITY DEVELOPMENT 8 8 30 80 0 0 4620424 2152024 4709967 3816170 445679 224785 214 0 9776284 6192979 3004543 1243817 0 0 2004595 1694007 0 0 0 6929754 5913611 11938892 8851435 -2162608 -2658456 52044965 51410009 18832097 20836945 33212868 30573064 X PROVIDE A FORUM FOR THE SHARING OF INFORMATION, EXPERIENCE, AND PERSPECTIVE CONCERNING PUBLIC AND PRIVATE HOUSING WITHIN THE STATE OF OREGON AND PARTICIPATE WITH LOCAL, PUBLIC, AND PRIVATE PARTNERSHIPS IN THE CREATION OF AFFORDABLE HOUSING AND COMMUNITY BASED ECONOMIC DEVELOPMENT 0 0 6925249 515332 3132424 PROVISION OF AFFORDABLE HOUSING, ASSET MANAGEMENT, AND RESIDENT SERVICES WITHIN A PORTFOLIO OF RENTAL PROPERTIES. 728485 728485 292498 DREAMSAVERS GRANT-MATCH PROGRAM FOR QUALIFYING INDIVIDUALS FOR LOW INCOME SAVINGS. DURING 2022, 192 INDIVIDUALS WERE SERVED BY THIS PROGRAM. 391248 391248 DEVELOP VIABLE URBAN COMMUNITIES BY PROVIDING DECENT HOUSING AND A SUITABLE LIVING ENVIRONMENT, AND BY EXPANDING ECONOMIC OPPORTUNITIES, PRINCIPALLY FOR LOW- AND MODERATE-INCOME PERSONS. 8044982 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 40 0 1 30 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OR X ERICA MILLS 5416734909 605 SE KANE STREET ROSEBURG OR 97470 ERICA MILLS CEO 35.00 5.00 X 126617 0 19931 LEA SEVEY CHAIR 1.00 1.00 X X 0 0 0 ELENA LININGER VICE CHAIR 1.00 1.00 X X 0 0 0 JACOB WINN CO-TREASUER 1.00 1.00 X X 0 0 0 STEVE LOOSLEY CO-TREASUER 1.00 1.00 X X 0 0 0 DEB LIGHTCAP SECRETARY 1.00 1.00 X X 0 0 0 BRITTANY WEERHEIM BOARD MEMBER 1.00 1.00 X 0 0 0 DAWN MILLS BOARD MEMBER 1.00 1.00 X 0 0 0 ERICA KIMREY BOARD MEMBER 1.00 1.00 X 0 0 0 126617 0 19931 1 0 0 0 CORPORATE FACTS 51248 PLYMOUTH VALLEY DR PLYMOUTH VALLEY TWNSHP MI 48170 ACCOUNTING/FINANCIAL SERVICES 165220 KEVIN M ALDRICH 2275 CANTERBURY DR ROSEBURG OR 97471 PAINTING SERVICES 107763 2 1609137 542887 2152024 RENTAL INCOME 531390 3288897 3288897 GRANT ADMINISTRATION 531390 350010 350010 DEVELOPER FEE 531390 83740 83740 PROPERTY MGMT FEE 531310 66000 66000 WAGES REIMBURSEMENT 900099 27523 27523 3816170 224785 224785 6192979 3816170 0 224785 1243817 1243817 144575 108432 36143 994515 745886 248629 52677 39508 13169 337916 253436 84480 164324 123243 41081 540426 457859 82567 28006 5601 22405 87529 17506 70023 1239 991 248 26623 21298 5325 102009 81607 20402 865189 827151 38038 42431 33945 8486 591867 591867 1013834 963142 50692 REPAIRS & MAINTENANCE 1029309 977844 51465 NET LOSS ON DISPOSALS 689119 689119 BAD DEBT EXPENSE 539753 539753 MISCELLANEOUS OPERATING 189778 189778 166499 133199 33300 8851435 8044982 806453 0 1759277 2143411 901183 635000 7848501 6888315 11379164 11915394 42823 109603 38436749 18261755 21340097 20174994 6538217 6557687 2235703 2985605 52044965 51410009 992500 1267466 360062 746805 12759828 13087583 4719707 5735091 18832097 20836945 X 21134144 19022804 12078724 11550260 33212868 30573064 52044965 51410009 X -2658456 -284158 302810 X 0 1 X 1 1 1 X 4469804 4029400 3265755 4620424 2152024 18537407 4469804 4029400 3265755 4620424 2152024 18537407 369684 18167723 272944 317518 294555 445679 224785 1555481 79266 214 79480 20172368 21329242 0.90060 0.90560 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC REVENUE - 2020 AMOUNT: $ 79,266. 2021 AMOUNT: $ 214. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3421767 3421767 31090588 18247821 12842767 1164988 13934 1151054 2759406 2759406 20174994 INVESTMENT-GRAND 610512 C INVESTMENT-HILLSIDE 152455 C INVESTMENT-JEFFERSON 59844 C INVESTMENT-CODDINGTON 670760 C INVESTMENT-UMPQUA 3702164 C INVESTMENT-DAVIDS HOUSE 160467 C INVESTMENT-DIAMOND 115864 C INVESTMENT-SCHAEFFER 42412 C INVESTMENT-HNB 173266 C INVESTMENT-UMPQUA UCAN LLC 369943 C INVESTMENT-DEER CREEK 500000 C 6557687 RESTRICTED CASH - HELD FOR REPLACEMENT RESERVE 216880 RESTRICTED CASH - HELD FOR OPERATING RESERVE 2398984 RESTRICTED CASH - HELD FOR SECURITY DEPOSITS 231217 RESTRICTED CASH - HELD FOR INSURANCE & TAX ESCROW 138524 2985605 SECURITY DEPOSITS 214044 DUE TO RELATED PARTY 5521047 5735091 X PART X, LINE 2: NWU HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. DUE TO ITS TAX-EXEMPT STATUS, NWU IS NOT SUBJECT TO INCOME TAXES. NWU IS REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND NWU HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2019 ARE SUBJECT TO EXAMINATION BY THE IRS. 1 IDA SAVINGS MATCH PROGRAM 111 728485 PART I, LINE 2: THE ADMINISTRATIVE TASKS ASSOCIATED WITH THE GRANT IS THE SHARED RESPONSIBILITY OF THE GRANTS MANAGER AND THE GRANT PROJECT LEAD. GRANT REVENUE IS RECOGNIZED IN PERIOD RECEIVED AND UNCONDITIONAL PROMISES TO PAY ARE RECOGNIZED AT FMV. FUNDS RECEIVED FOR SPECIFIC PURPOSES ARE ACCOUNTED FOR IN SEPARATE FUNDS AND CLASSIFIED BY THE APPROPRIATE CLASS. DISPOSITION OF PROGRAM INCOME IS HANDLED ACCORDING TO METHODS PROVIDED FOR IN GRANT AGREEMENTS. FINANCIAL REPORTS ARE SENT TO DONORS SUMMARIZING THE RECEIPT, USE, MANAGEMENT AND DISPOSITION OF ALL GRANTS AND CONTRIBUTIONS UPON REQUEST OR DONOR REQUIREMENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED AND APPROVED BY THE CEO AND THE BOARD BEFORE SIGNING. FORM 990, PART VI, SECTION B, LINE 12C MONTHLY BOARD MEETINGS ARE HELD TO REVIEW AND DISCUSS POLICIES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DOES AN ANNUAL REVIEW OF THE CEO AND APPROVES HIS/HER SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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