2024-12-27T12:27:34-05:00 2023-06-30 930819646 JONES & ROTH PC PO BOX 10086 EUGENE OR 97440 990EZ 2022-07-01 463534442 COMUNIDAD VIVA COMU 5035952111 6700 NE KILLINGSWORTH ST PORTLAND OR 97218 REYNOLD ROEDER PRESIDENT 5035952111 2024-10-10 true false FRITZ S DUNCAN P00036435 5416872320 2024-10-10 2022 2024-10-15 13:58:12Z X X WWW.HACIENDACDC.ORG X X X 6110133 1400 1099 6112632 -6112632 6113867 1235 X 5852 5414 6110133 6115985 5414 2118 4179 6113867 1235 X THE CORPORATION IS ORGANIZED AND MUST BE OPERATED EXCLUSIVELY FOR THE SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, OF HACIENDA COMMUNITY DEVELOPMENT CORPORATION, AN OREGON NONPROFIT CORPORATION. ONGOING ASSISTANCE IN FACILITATING A 2014 NEW MARKETS TAX CREDIT DEAL, AND PROVIDES GENERAL OPERATING SUPPORT FOR HACIENDA CDC, THE SUPPORTED ORGANIZATION 6110133 6110133 6110133 ERNESTO FONSECA BOARD MEMBER 1.00 205722 2049 7998 REYNOLD ROEDER PRESIDENT 1.00 0 ALAN HIPOLITO TREASURER 1.00 0 VICTOR MERCED SECRETARY 1.00 0 false false false false true false false false false OR JULIA FLEMING 6700 NE KILLINGSWORTH ST PORTLAND OR 97218 5035952111 false false false false false false false false false false false NONE NONE true X X X 1 HACIENDA CDC 930979064 10 true 6110133 0 1 6110133 0 true false false false false false false false false false false false false false false true false true X true true PART IV, SECTION D, LINE 2 THE SUPPORTED ORGANIZATION MANAGES THE ACCOUNTING FOR COMUNIDAD VIVA, INCLUDING RECOMMENDATIONS FOR EXPENDITURES, AS NEEDED; ARRANGES THE COMUNIDAD VIVA ANNUAL MEETING AND MAINTAINS MINUTES OF SAME; COORDINATES RESPONSES TO INQUIRIES FROM THIRD PARTIES; UPDATES BUSINESS REGISTRIES AS NEEDED AND PERFORMS DAY-TO-DAY FUNCTIONS FOR THE SUPPORTING ORGANIZATION. IN RETURN, COMUNIDAD VIVA PROVIDES MUCH NEEDED MONETARY SUPPORT. PART IV, SECTION D, LINE 3 THE SUPPORTED ORGANIZATION REQUESTS AN ANNUAL CONTRIBUTION TO THE EXTENT OF VIRTUALLY ALL OF COMUNIDAD VIVAS REVENUES. IT ALSO MANAGES THE ACCOUNTING FOR COMUNIDAD VIVA, INCLUDING RECOMMENDATIONS FOR EXPENDITURES AS NEEDED. THE AMOUNT OF FUNDS AVAILABLE HASNT WARRANTED A FORMAL INVESTMENT POLICY PART IV, SECTION E, LINE 2A THE SUPPORTING ORGANIZATION ASSISTED HACIENDA CDC TO OBTAIN FINANCING THROUGH A NEW MARKETS TAX CREDIT TRANSACTION. THE RELATED FUNDING ENABLED HACIENDA CDC TO DEVELOP THE PORTLAND MERCADO, CONSTRUCTION OF HACIENDA'S HEADQUARTERS, AND IMPROVEMENTS TO A COMMUNITY CENTER THAT HOUSES A COUNTY HEALTH CLINIC AND SOCIAL SERVICES PROVIDER. THE ANNUAL CONTRIBUTION FROM COMUNIDAD VIVA PROVIDES MUCH NEEDED FUNDS FOR THE ONGOING OPERATIONS OF HACIENDA CDC. PART IV, SECTION E, LINE 2B COMUNIDAD VIVA SERVED AS THE LEVERAGE LENDER IN OBTAINING NEW MARKETS TAX CREDIT FINANCING. THIS WAS AN ESSENTIAL ELEMENT OF THE DEALS STRUCTURE AND REQUIREMENTS, AND HAD THE DEAL NOT BEEN COMPLETED, THE RELATED DEVELOPMENT, WHICH HAS PROVIDED GREAT COMMUNITY BENEFIT, WOULD NOT HAVE BEEN POSSIBLE. THE ORGANIZATION HELD THE RELATED LEVERAGE LOAN, EARNING APPROXIMATELY 80,000 IN INTEREST EACH YEAR, WHICH WAS DONATED TO HACIENDA CDC A FEW MONTHS AFTER THE END OF EACH YEAR. LOAN RECEIVABLE 2022-07-01 6110133 CASH 930979064 HACIENDA CDC 6700 NE KILLINGSWORTH ST PORTLAND OR 97218 501C3 false false false false FORM 990-EZ, PART I, LINE 10 NAME: HACIENDA COMMUNITY DEVELOPMENT ADDRESS: 6700 NE KILLINGSWORTH PORTLAND, OR 97218 NONCASH CONTRIBUTION: 6,110,133 DESCRIPTION OF PROPERTY: REC FORGIVENESS FORM 990-EZ, PART I, LINE 16 EXPENSES OFFICE 1,099 TOTAL 1,099 FORM 990-EZ, PART II, LINE 24 6,110,133 0 TOTAL 6,110,133 0 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,118 4,179 FORM 990-EZ, PART III THE CORPORATION IS ORGANIZED AND MUST BE OPERATED EXCLUSIVELY FOR THE SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, OF HACIENDA COMMUNITY DEVELOPMENT CORPORATION, AN OREGON NONPROFIT CORPORATION.