Form 990 for tax year 2022
Filed by RICHMOND COMMUNITY-OWNED DEVELOPMENT ENTERPRISE.
Totals
- Total revenue
- $1,336,713
- Total expenses
- $634,894
- Contributions and grants received
- $1,285,402
- Grants paid
- $500
- Program service revenue
- $22,111
- Investment income
- $0
- Other revenue
- $29,200
- Total assets, end of year
- $2,669,748
- Total liabilities, end of year
- $803,136
- Net assets or fund balances, end of year
- $1,866,612
- Program services expenses (Part IX)
- $439,020
- Management and general expenses
- $181,639
- Fundraising expenses
- $14,235
- Program service expenses (Part III)
- $439,020
Program services were 69.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$10,800
-
1f · All other contributions, gifts and grants
$1,274,602
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: REAL ESTATE PROJECTS
total $11,911 · related or exempt $11,911 · unrelated business $0 · excluded $0
-
2b · Program service revenue: CONSULTING FEES AND HONORARIUMS
total $10,200 · related or exempt $10,200 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $28,000 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $28,000 · personal property $0
-
6d · Net rental income or loss
total $28,000 · related or exempt $28,000 · unrelated business $0 · excluded $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11d · All other revenue
total $1,200 · related or exempt $1,200 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,200
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $500 · program services $500
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $124,913 · program services $96,070 · management and general $25,005 · fundraising $3,838
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $291,271 · program services $224,016 · management and general $58,306 · fundraising $8,949
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $17,425 · program services $12,717 · management and general $4,214 · fundraising $494
-
10 · Payroll taxes
total $33,187 · program services $26,329 · management and general $5,904 · fundraising $954
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,780 · program services $1,780
-
11c · Fees: accounting
total $23,857 · management and general $23,857
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $51,972 · program services $39,101 · management and general $12,871
-
12 · Advertising and promotion
total $182 · program services $152 · management and general $30
-
13 · Office expenses
total $27,113 · program services $10,604 · management and general $16,509
-
14 · Information technology
total $1,091 · program services $432 · management and general $659
-
15 · Royalties
total $0
-
16 · Occupancy
total $3,842 · program services $3,794 · management and general $48
-
17 · Travel
total $15,160 · program services $480 · management and general $14,680
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $450 · management and general $450
-
20 · Interest
total $19,181 · program services $19,181
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $18,179 · management and general $18,179
-
23 · Insurance
total $2,987 · program services $2,984 · management and general $3
-
24a · Other expenses: PROGRAM EXPENSES
total $1,804 · program services $880 · management and general $924 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,155,999 · end of year $2,019,927
-
9 · Prepaid expenses and deferred charges
beginning of year $18,000
-
10a · Land, buildings and equipment: cost or other basis
$668,000
-
10b · Land, buildings and equipment: accumulated depreciation
$18,179
-
10c · Land, buildings and equipment, net
end of year $649,821
-
17 · Accounts payable and accrued expenses
beginning of year $9,206 · end of year $12,136
-
23 · Secured mortgages and notes payable
end of year $791,000
-
27 · Net assets without donor restrictions
beginning of year $1,164,793 · end of year $1,376,112
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $490,500
Mission and programs · 2022
Mission
RICHMOND LAND'S MISSION IS TO BUILD GRASSROOTS POWER FOR RESIDENT-DRIVEN AND COMMUNITY-CONTROLLED LAND-USE THROUGH COMMUNITY ORGANIZING, LAND ACQUISITION, DEVELOPMENT, AND STEWARDSHIP OF LAND AND AFFORDABLE HOUSING FOR LONG-TERM COMMUNITY BENEFIT.
-
REAL ESTATE PROJECTS: AS A COMMUNITY LAND TRUST, RICHMOND LAND'S GOAL IS TO CREATE PERMANENTLY AFFORDABLE HOUSING. WE BUILT RELATIONSHIPS AND A PIPELINE FOR ACQUISITION OF PROPERTY TO STABILIZE HOMES FOR FAMILIES IN RICHMOND AND CREATE PERMANENTLY AFFORDABLE UNITS THROUGH OUR LONG-TERM GROUND LEASE. WE PERFORMED PRE-ACQUISITION DUE DILIGENCE ON PROPERTIES WE LOOK TOWARD ACQUIRING IN FUTURE YEARS. WE WILL BUILD OFF OF LESSONS LEARNED TO CREATE RESIDENT-CONTROLLED, COMMUNITY-OWNED HOUSING WITH PERMANENT AFFORDABILITY IN RICHMOND.
Expenses $147,572 · Revenue $38,911
-
GENERAL COMMUNITY PROGRAMS
Expenses $81,082 · Grants $500 · Revenue $1,200
-
ADVOCACY: RICHMOND LAND WORKS IN COALITION WITH OTHER COMMUNITY GROUPS TO BUILD RESIDENT POWER, ACTIVATE RESIDENTS IN PARTICIPATORY ACTION AND DIRECT ACTION, AND TO ENGAGE COMMUNITY OFFICIALS AND POLICYMAKERS. WE CONTINUED OUR PUBLIC LANDS IN COMMUNITY HANDS CAMPAIGN AND CONTINUED PARTNERING WITH THE HOUSING AUTHORITY AROUND THE PROCESS OF SHARING SURPLUS LAND ACT PARCELS FOR NONPROFIT ORGANIZATIONS TO CREATE COMMUNITY BENEFIT PROJECTS. WE CREATE COMMUNITY-DRIVEN PLANNING OPPORTUNITIES IN THE CITY OF RICHMOND AND UNINCORPORATED PARTS OF WEST CONTRA COSTA COUNTY, WORKING TOWARD SYSTEM CHANGE FOR GREATER COMMUNITY POWER AND RESIDENT MOBILIZATION TO ENGAGE DIRECTLY IN THE PLANNING PROCESS.
Expenses $71,266
-
OTHER PROGRAMS
Expenses $139,100 · Revenue $9,000
As filed on the 2022 return.
Listed in Part VII
-
Valerie JamesonVALERIE JAMESON
FOUNDER & EXECUTIVE DIRECTOR
- Total calculated
- $86,971
- From this org
- $79,214
- From related orgs
- $0
- Other
- $7,757
- Hours/week
- 40
-
Rakhi AgrawalRAKHI AGRAWAL
BOARD MEMBER
- Total calculated
- $37,941
- From this org
- $34,806
- From related orgs
- $0
- Other
- $3,135
- Hours/week
- 5
-
Evan BissellEVAN BISSELL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
Tania PulidoTANIA PULIDO
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Elissa RoyELISSA ROY
TREASURER
- Total calculated
- $0
- Hours/week
- 8
-
Tana MonteiroTANA MONTEIRO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Sasha GrahamSASHA GRAHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Alex AcunaALEX ACUNA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Randy JosephRANDY JOSEPH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Nate SchaffranNATE SCHAFFRAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Katherine RamosKATHERINE RAMOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Regina Celestin WilliamsREGINA CELESTIN WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Leslie LindoLESLIE LINDO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420729349301302
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