2024-03-27T09:59:42-07:00 2023-09-30 200276349 MUN CPAs LLP 2901 Douglas Blvd Ste 290 Roseville CA 95661 990 2022-10-01 942512284 Rural Community Assistance Corporation RURA 9164472854 3120 Freeboard Drive 201 West Sacramento CA 95691 Suzanne Anarde-Devenport CEO 2024-03-27 true Suzanne Anarde-Devenport 999009999 true Bradley J Bartells CPA P02363556 9167744208 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Suzanne Anarde-Devenport 3120 Freeboard Drive 201 West Sacramento CA 95691 39784379 false X WWW.RCAC.ORG X 1978 CA RCAC provides training, technical and financial resources and advocacy so rural communities achieve their goals and visions. 10 10 224 10 0 27304510 31334044 5276687 6017683 295206 2325706 -3978 -11762 32872425 39665671 2900159 3067544 0 17060448 20115191 0 352985 8180692 10949546 28141299 34132281 4731126 5533390 196708835 196674615 111520849 104760211 85187986 91914404 X RCAC provides training, technical and financial resources and advocacy so rural communities achieve their goals and visions. false false 17736242 Community & Environmental Services:RCAC assisted 1,337 rural communities to build, improve, manage, operate or finance drinking water, wastewater or solid waste systems. RCAC reached more than 14,000 training participants through 442 workshops on technical, managerial, and financial topics related to environmental infrastructure. RCAC provided more than 130,000 hours of technical assistance and training to Indigenous communities in the West.RCAC's Building Rural Economies program continues to thrive and served 71 projects this year. Two years ago, we launched a new service to support individual rural-based businesses with business coaching. This year, we provided these direct one-on-one business coaching services to support 108 rural businesses during the year. 7111842 Loan Fund:The Department had a productive year exceeding our 2022 lending activity. The Loan Fund financed 139 projects lending over $93.8 million in our rural communities. This generated 865 of affordable housing units, helped produce and repair 10,116 waste/water connections, created 57,781 in community facility space and helped create or retain 1,937 jobs. RCAC provided ReLieF loans to our business owners struggling from the impact of covid and the current economy. The pipeline of applications remains strong, the outstanding portfolio stood at over $107 million with a delinquency rate of less than 3% percent. A Closing and Servicing manager were added to the department and a new Assistant Credit and Production Manager has been recruited. 4786683 Housing:Our stronger Self Help grantees seem to have recovered their pre-pandemic volume while smaller grantees struggle and a few come and a few go.Housing Counseling management changed again in FY23, now having a dedicated manager rather than a shared position. Federal and philanthropic funds continued to be available for use by sub-grantees to assist with foreclosures. Development Solutions completed continued to provide technical assistance on a variety of projects including a permanent supportive housing project in Kalispell, Montana and a mobile home park reconstruction in Riverside County, California. The third group of tribal housing organizations began their participation in the Tribal Housing Excellence Academy (THE Academy) which will continue with classes and individual technical assistance into the next fiscal year. The Homeownership Program continued to support USDA Rural Developments Section 502 Direct mortgage loan program through training, intermediary processing services and general promotion to underserved communities of color.The Disaster Recovery Services program is working on long-term recovery in New Mexico and California, including an analysis of mitigation measures which could help stabilize or even reduce residential fire insurance premiums in high-risk areas. 3156596 32791363 true true false true false false false false false false true false false false true true true false false false false false false false false false false true true true true false false false false false false false false false false false false false false true true false false false true 277 0 true 224 true false false false false false false false 0 false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false AK CA CO NM OR UT WA X X X Anjali Sheth 9164479832 3120 Freeboard Drive STE 201 West Sacramento CA 95691 Suzanne Anarde-Devenport CEO 40.00 0.00 X 298932 0 38082 Cynthia Spencer COO 40.00 0.00 X 150448 0 30176 Juanita Hallstrom Dir. Loan Fund 40.00 0.00 144251 0 29815 Ari Neumann director of CES 40.00 0.00 132507 0 31946 Julia Helmreich Director of Comm 40.00 0.00 142023 0 19372 Anjali Sheth Acting CFO 40.00 0.00 X 127081 0 32643 David Ferrier Housing Prgm Dir. 40.00 0.00 129433 0 22676 Michael Carroll Vector Fund Dir. 40.00 0.00 115266 0 15535 Hoan Nguyen CFO 40.00 0.00 X 69455 0 10165 Kate Hammarback Board Member 2.00 0.00 X 0 0 0 Claudia O'Grady Treasurer 2.00 0.00 X X 0 0 0 Martin Miller President 10.00 0.00 X X 0 0 0 Doris Morgan Board Member 2.00 0.00 X 0 0 0 Frank Bravo Vice President 3.00 0.00 X X 0 0 0 Jackie Schaeffer Board Member 2.00 0.00 X 0 0 0 Keoni Lee Board Member 2.00 0.00 X 0 0 0 Andres Cano Board Member 2.00 0.00 X 0 0 0 Carleen Herring Secretary 2.00 0.00 X X 0 0 0 John Sheehan Board Member 3.00 0.00 X 0 0 0 Vickie K Oldman Past President 10.00 0.00 0 0 0 Nalani Fujimori-Kain Past board Member 2.00 0.00 0 0 0 1309396 230410 8 true true false 0 27236543 4097501 31334044 Loan Fees Revenue 900099 952490 952490 Loan interest revenue 900099 4702167 4702167 Loan Servicing Fees Rev. 900099 293752 293752 Revenue from Partnership 900099 69274 69274 6017683 2325706 2325706 0 0 106946 118708 -11762 -11762 -11762 0 0 0 0 0 39665671 6005921 2325706 X 2722174 2722174 345370 345370 0 0 1672833 1302824 347755 22254 0 12216775 9514581 2539673 162521 0 6225583 4837908 1305037 82638 0 0 0 0 0 0 0 4275231 3515234 759997 0 0 324953 1362 323591 0 514265 514265 1451722 1167993 283729 0 89082 74353 14729 2081488 2081488 0 76300 28430 47870 159860 29229 130631 Training Costs 448180 232947 215233 EQUIPMENT RENTAL/Maintenance 438333 438333 Dues and Subscriptions 359316 306696 52620 SCHOLARSHIP 215708 215708 515108 6415066 -5985530 85572 34132281 32791363 987933 352985 652780 2484997 83874591 70927068 7732942 13688244 1455951 1135485 0 0 97215699 102344223 0 1307637 1441368 6067820 4648611 1617160 1419209 374816 270041 198233 237211 0 0 2279026 2726769 196708835 196674615 3171331 2951454 87631 87631 106292745 98753862 1720180 2672258 248962 295006 111520849 104760211 X 41512622 47131005 43675364 44783399 85187986 91914404 196708835 196674615 5533390 1193028 X false true X true true true X 18690612 22812909 45156274 27304510 31334044 145298349 0 0 18690612 22812909 45156274 27304510 31334044 145298349 0 145298349 638714 389187 178117 574728 2325706 4106452 0 -11762 -11762 149393039 29768493 0.97260 0.98350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 394012 394012 33856973 34250985 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 368727 329498 320034 394012 1412271 250000 250000 250000 250000 1000000 1500000 Part II-B, Line 1i - Other Activities Description RCACs mission is to provide training, technical and financial resources and advocacy for rural communities can achieve their goals and visions. In recent years RCAC has increased advocacy efforts including outreach to Congressional offices regarding rural programs and policy, and advocacy at the state level including outreach to Legislators, drafting, and signing letters of support regarding Legislation. RCACs 2015 2019 Strategic Plan includes an outcome to increase impact through collaboration with local, state, and national networks with related targets including RCAC advocacy efforts will ensure that a strong western voice is heard in Washington (DC), and result in four legislative, and three administrative successes in the next five years. RCAC has a Government Affairs and Rural Policy (GARP) Team which coordinates advocacy for the organization. RCAC also has a lobbyist, Brian Augusta, who coordinates state focused advocacy and support regarding Legislation. State efforts were focused on California, Washington and New Mexico. The following is a summary of advocacy activities by RCAC October 1, 2018 September 30, 2019 based on GARP reports submitted to the RCAC Board, and Legislative Priorities outlined for our annual Legislative Fly In to Washington D.C. National Priorities RCAC conducts an annual Legislative Fly In to Washington D.C. in conjunction with our national affiliate, Rural Community Assistance Partnership (RCAP). The purpose of the event is to visit with Congressional offices, educate Legislators about RCAC work with communities in their states, and to advocate for programs and policy that benefits rural communities throughout the West, and nationally. Rural Policy Initiatives RCAC often signs letters sponsored by other entities to increase collaboration, partnership, and strength in advocacy. RCAC drafts letters, provides comments, and conducts outreach to Legislators, Governors offices, and is actively involved with tracking program and policy issues affecting rural communities. California advocacy activities 2019During the 2019 California legislative session, RCACs team undertook the following:Supported CA AB 1010regarding eligible entities for housing programs.Supported AB 1099regarding Insurance: California Organized Investment Network (COIN).Supported CA Budget Request for one-time funding for housing impacted by natural disasters Supported CA SB 252capital gains exclusion for sale of mobile home parks to qualified purchasers Supported CA AB 1588changes to make it easier for water operators to get certifiedNew Mexico advocacy activities 2019Supported HB 175New Mexicos regionalization billWashington advocacy activities 2019Support for HB 1406to allow communities to keep a portion of the state sales tax that they already collect to invest in local affordable housing needsSupported HB 1453reforming eviction lawsSupported HB1923removing impediments to building affordable housingSupport for state housing trust fundFederal:Support the U.S. House and Senate Conference committees five-year Farm BillSupport Updated Rebuild Rural America (Gillibrand)Signed on to Our Homes Our Voices letter to get housing addressed in presidential debatesSign on to coalition letter urging Administration continue funding the national Housing Trust Fund (HTF) and the Capital Magnet Fund (CMF) as housing finance reform efforts move forward, including the implementation of any capital restoration plan.Sign on to letter urging that HUD announce the awards for FY 2019 Housing Counseling Assistance and make this funding available to the appropriate HUD approved housing counseling agencies as soon as possibleSign on to letter urging that housing counseling funds be increased in FY2020Sign on to CRC's letter to the CFPB opposing proposed changes to the 'ability to pay' rule for small dollar payday loans. Sign on to letter endorsing invest AHSC (affordable housing and sustainable communities)Sign on to letter urging Congress to support the CDFI fund in 2020Sign on to letter CFPB Director Kathy Kraninger to provide clear guidelines on when lenders can pay for housing counseling services on a fee-for-service basisDear Colleague letter to be circulated in Congress requesting $65 million in appropriations for the HUD Housing Counseling Program on behalf of the CoalitionCoalition supporting funding for the Capital Magnet Fund support for Sen. Warren housing billSign on to Housing Assistance Council letter requesting support for SHOP and Rural Capacity Building Nationwide sign-on letter from the HOME coalition urging lawmakers to restore funding for the federal HOME Investment Partnerships Program (HOME) to at least $1.5 billion in the fiscal year (FY) 2020 appropriations.Opposition to Proposed H-2A RegulationsComment letters written:Please do not lower the bar on the Community Reinvestment ActOpposition letter: Enterprise Joins Affordable Housing, Civil Rights, and Immigration Organizations in Opposing HUD Rule that Would Separate or Evict Mixed-Status Families Part IV - Additional Information 427000 427000 2694462 2190720 503742 1882487 1527701 354786 1063871 930190 133681 1419209 Deferred Compensation Plan 189603 Post Employment Benefit Liability 105403 295006 X 40977407 1193028 118708 1311736 39665671 39665671 34250989 118708 118708 34132281 34132281 Part X : FIN48 Footnote Part X, Line 2: Accounting guidance issued by Financial Accounting Standards Board (FASB) prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Organization did not have unrecognized tax benefits as of September 30, 2023 and 2022 and does not expect this to change significantly over the next twelve months. The Organization will recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. As of September 30, 2023 and 2022, the Organization has not accrued interest or penalties related to uncertain tax positions. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rental Operations Expense $118708 Part XII, Line 2d: Other expenses and losses per audited F/S Rental Operations Expense $118708 true Access PO Box 4666 Medford OR 97501 930665396 501 (c) (3) 34467 0 Housing Counseling Blue Sky Center 100 Perkins Road New Cuyama CA 93254 461239650 501 (c) (3) 11233 0 CSD/RCBGHUD/RCDI Collaborative Visions PO Box 708 Mora NM 87732 352386827 501 (c) (3) 9999 0 RCBGHUD Comite De Bien Estar PO Box 7170 San Luis AZ 85349 860427342 Corp 16611 0 Housing Counseling Community in Action 915 SW 3rd Ave Ontario OR 97914 264061084 501 (c) (3) 26840 0 Housing Counseling Earth Island 2150 Allston Way Suite 460 Berkeley CA 94704 942889684 501 (c) (3) 62590 0 Assist rural disadvantaged comm. Fdn for Little CO Revitaliza PO Box 1195 Springerville AZ 85938 831209219 501 (c) (3) 9234 0 RCDI Golden Feather Union Element 11679 Nelson Bar Rd Oroville CA 95965 680150335 Govt Entity 13540 0 DW4S-R2 HomesFund PO Box 2179 Durango CO 81302 800266636 501 (c) (3) 39202 0 Housing Counseling Housing Solutions of N AZ PO Box 30134 Flagstaff AZ 86004 860732457 501 (c) (3) 78504 0 Housing Counseling Hoy Recovery Program Inc PO Box 520 Espanola NM 87532 850232147 501 (c) (3) 29930 0 RCDI20_BRE_FED Impact Finance CenterCO 1899 L Street NW Suite 850 Washington DC 20036 272808532 501 (c) (3) 61043 0 BUF_HCD_SNC_HUD Inland Fair Hsg & Mediation B 1500 S Haven Ave STE 100 Ontario CA 91761 953639912 501 (c) (3) 12420 0 Housing Counseling Klamath Trinity Resour Con PO Box 279 Hoopa CA 95546 261992669 Tribally Chartered 11238 0 YOCHADEHE19_BRE La Jolla Band of Luiseno Indi 22000 Highway 76 Pauma Valley CA 92061 952885882 FED Rec Indian Tribe 219523 0 IRWMPSD Lake Morena Views Mut CO PO Box 315m Campo CA 91906 942706173 501 (c) (3) 37687 0 Improve Nitrate Treatment System Logan County Economic Develop PO Box 72 Sterling CO 80751 260017546 501 (c) (3) 6709 0 RCDI21_BRE_FED Marysville Joint Unified Sch 1919 B Street Marsville CA 95901 941630816 Local Education Ag. 5101 0 SWRCB_BW4S Mother Lode Job Training 3120 Freeboard Drive STE 201 West Sacramento CA 95691 770274423 501 (c) (3) 26668 0 BUF_HCD_SNC_HUD Nanakuli Housing Corporation PO Box 17489 Honolulu HI 96817 990273980 501 (c) (3) 38421 0 Housing Counseling Neighborhood NPO HSG Corp 195 W Golf Course Rd Suite 1 Logan UT 84321 870559307 501 (c) (3) 29080 0 Housing Counseling Parlier Unified School Distri 900 Newmark Ave Parlier CA 93648 521687343 School District 104442 0 SWRCB_BW4S Peninsula Housing Authority 2603 S Francis Port Angeles WA 98362 916000971 501 (c) (3) 9062 0 RCBGHUD Plenty Doors Comm Dev Corp PO Box 1061 Crow Agency MT 59022 822045927 501 (c) (3) 12023 0 RCBGHUD Self-Help Enterprises PO Box 6520 visalia CA 93290 941592676 501 (c) (3) 18923 0 Assist LEAs serving disadvantaged c Shiprock Community Dev Corp PO Box 309 Shiprock NM 87420 850433102 501 (c) (3) 10800 0 RCDI The Wylie Center 4164 Brockton Ave Riverside CA 92501 930670286 501 (c) (3) 16667 0 Wells22_KPH_FED Various Others wout loan #s 3120 Freeboard Drive STE 201 West Sacramento CA 95691 1714617 0 Various Others w/out loan #s Ventura Cty Comm Dev Corp 2231 Sturgis Road Suite A Oxnard CA 93030 743061811 501 (c) (3) 98031 0 Housing Counseling W Arizona Council of Gov 1235 S Redondo Center Dr Yuma AZ 85365 860262126 Corp 28370 0 Housing Counseling Washoe Development Corp PO Box 866 US Hwy 395 N Miden NV 89423 384228667 Tribal Enterprise 9170 0 RCBGHUD20_BRE_FED Washoe Tribe of Nevada and Ca 3264 S Sunridge Drive Miden NV 89423 880120754 Tribal Govt 7417 0 RCBGHUD20_BRE_FED Yurok Alliance for N CA Hsg PO Box 1043 Klamath CA 95548 201886455 501 (c) (3) 7103 0 YOCHADEHE19_BRE 21 12 Procure Water Supply Eng. Consult. 1 345370 X X false false false false false false false false false Anjali Sheth Acting CFO 127081 5144 27499 159724 Ari Neumann director of CES 132507 6197 25749 164453 Cynthia Spencer COO 150448 6096 24080 180624 David Ferrier Housing Prgm Dir. 129433 6035 16641 152109 Juanita Hallstrom Dir. Loan Fund 144251 5937 23878 174066 Julia Helmreich Director of Comm 142023 5733 13639 161395 Suzanne Anarde-Devenport CEO 298932 12007 26075 337014 A California Infrastructure 630304653 13033WNW9 2004-06-03 2830000 See part VI false false false A 2830000 96462 2733538 false false true true A false false false false false false false A false false false false false false false false Part VI Schedule K, Part I, Bond Issues:(a) Issuer Name: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK(f) Description of Purpose:FINANCE THE PURCHASE OF RCAC'S HEADQUARTERS BUILDING IN WEST SACRAMENTO, CA Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: RCACs OTHER SERVICES INCLUDE CAPACITY BUILDING, TRAINING, AND RESOURCES FOR OTHER NONPROFIT ORGANIZATIONS. Form 990, Part VI, Section B, Line 11b The form 990 is prepared by MUN, CPAs with the supporting documents provided by RCAC staff. The Controller and CFO review the form internally before and then submit the form for Finance Committees review and approval. Then the Finance Committee presents it to the Full Board and it is reviewed and approved by the board in their February Board meeting. At times, the Board requests changes to be made to the document. Once the form is revised, it is ready for our CEOs signature. After getting it signed by our CEO, Suzanne Anarde-Devenport, we submit it to the IRS and then we post it on our website at www.rcac.org. Form 990, Part VI, Section B, Line 12c ALL STAFF ARE SUBJECT TO A CONFLICT OF INTEREST POLICY INCORPORATED INTO THE PERSONNEL PLAN. ADHERENCE TO AND MONITORING OF THE POLICY IS THE RESPONSIBILITY OF EACH EMPLOYEE, THEIR SUPERVISOR, AND THE HUMAN RESOURCES DEPARTMENT. IN ADDITION, ALL OFFICERS, BOARD OF DIRECTOR MEMBERS, AND SENIOR STAFF ARE SUBJECT TO AN ADDITIONAL "CONFLICT OF INTEREST AND CONFLICT OF LOYALTY POLICY". THIS ADDITIONAL POLICY REQUIRES ANNUAL REPORTING BY EACH PERSON AND PERIODIC REVIEWS BY INTERNAL OR EXTERNAL PARTIES.Senior Leadership Team (SLT) signs an attestation annually, either Grants and Contracts Administration (GCA) department or the CEO Executive Assistant oversees the process. Form 990, Part VI, Section B, Line 15b RCAC COMPLIES WITH THE CALIFORNIA NONPROFIT INTEGRITY ACT OF 2004, EFFECTIVE 1/1/2005, WHICH REQUIRES THE BOARD OF DIRECTORS OF ALL NONPROFIT ORGANIZATIONS TO REVIEW AND APPROVE THE COMPENSATION, INCLUDING BENEFITS, OF THE ORGANIZATION'S PRESIDENT OR CEO AND ITS TREASURER OR CFO. THE PURPOSE OF THE REVIEW IS TO ENSURE THAT THE COMPENSATION IS "JUSTX AND "REASONABLE". IN CONJUNCTION WITH THE REVIEW, THE RCAC BOARD OF DIRECTORS REVIEWS A COMPARISON, PREPARED BY OUR HUMAN RESOURCES DEPARTMENT, OF CEO AND CFO COMPENSATION AT OTHER NONPROFIT ORGANIZATIONS. ADDITIONAL RESOURCES AND OTHER COMPARATIVE INFORMATION MAY ALSO BE USED. THE SALARY SCALES AND AVERAGE COMPENSATION INCREASES FOR ALL STAFF IS ALSO ANNUALLY REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ON THE WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT POSTED ON THE WEBSITE. HOWEVER, THEY ARE FILED IN OUR SHARED FOLDERS FOR STAFF REFERENCE AND USE. IT IS MADE AVAILABLE TO THE PUBLIC WHENEVER RCAC RECEIVES A REQUEST FOR IT. Rural Quality LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 451560484 Provide tech asst for affrordable housing CA 69274 3000 Rural Community Assistance Corporation Rural Integrity LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 474023564 Tech asst and lending support to affordable housing CA 500 Rural Community Assistance Corporation RCAC Maili LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 842769254 Provide tech asst for affordable housing in HI CA Rural Community Assistance Corporation Wingate Village GP LLC 321 E Center St Moab UT 84532 850511360 Develop Affordable Housing CA RCAC & HASU GSAF LLC 100 Pine Street 1800 San Francisco CA 94111 465350755 Lending to support affordable housing CA Low Income Inv Fund false false 0.25000 RCAC Meadow LLC 3120 Freeboard Drive Suite 201 West Sacramento CA 95691 842755886 Develop Affordable Housing CA RCAC C Corp 30912 1.00000 false false false false false false false false false false false false false false false false false false false false