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Cascade Housing Association

Springfield, OR · EIN 93-1133639 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Cascade Housing Association reported $15.8 million in revenue and $16.2 million in expenses for calendar year 2024. Of every $100 it spent, $99.16 went to program services, $0.84 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.5% of the total. The highest compensation it reported for one person was $185,388 (SECRETARY). 1 person received more than $100,000 in reportable compensation. Revenue rose 26% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.2%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
0.8%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
93.5%66.2%
Highest reported compensation
Part VII-A, columns D–F
$185,388$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.15%1.57%
People paid over $100,000
Part VII, line 2
15
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.510.0
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$15M expenses · 94.8% of program spending · grants $15,400 · revenue $15M

Expenses related to the management and operation of a total of 978 units of existing affordable rental housing for low-income individuals and families. The apartment complexes are: boulder creek housing (156 units in oroville, ca); truckee pines (104 units in truckee, ca); fawnbrook investments llc (160 units in twin falls, id); marsh creek apartments (126 units in brentwood, ca); the kearney house (32 units in portland, or); fifth avenue court apartments (96 units in portland, or); oakridge apartments (80 units in grass valley, ca), cedar park apartments (81 units in grass valley,ca) kennedy…

$841K expenses · 5.2% of program spending · revenue $52,681

Expenses related to management, development and construction of housing units for low income individuals and families

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SECRETARY
Officer, 40.00 hrs/week
$171,900$0$13,488$185,388
DIRECTOR
Director/trustee, 1.00 hrs/week
$2,400$0$0$2,400
DIRECTOR
Director/trustee, 1.00 hrs/week
$2,400$0$0$2,400
DIRECTOR
Director/trustee, 1.00 hrs/week
$2,400$0$0$2,400
DIRECTOR
Director/trustee, 1.00 hrs/week
$2,400$0$0$2,400
DIRECTOR
Director/trustee, 1.00 hrs/week
$2,400$0$0$2,400
PRESIDENT
Director/trustee, officer, 1.00 hrs/week
$2,400$0$0$2,400
VICE PRESIDE
Director/trustee, officer, 1.00 hrs/week
$2,400$0$0$2,400

1 people received more than $100,000 in reportable compensation from Cascade Housing Association (Part VII, line 2). Compensation of current officers, directors and key employees totaled $202K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$16M$16M99.2%$17M$185,388
2023 ⓘ$15M$15M98.9%$17M$193,098
2022 ⓘ$14M$14M98.8%$18M$150,097
2021 ⓘ$13M$11M99.0%$18M$133,941
2020 ⓘ$12M$11M98.9%$21M$171,358
2019 ⓘ$13M$10M98.9%$20M$151,470

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 55

Correct a figure or respond

Every number above is copied from Cascade Housing Association's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cascade Housing Association, you can publish a response that is linked from this page.

Questions people ask

How much of Cascade Housing Association's spending goes to programs?

In calendar year 2024, Cascade Housing Association reported that 99.2% of its $16.2 million in expenses went to program services, 0.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Cascade Housing Association pay its top executive?

The largest total compensation Cascade Housing Association reported for one person in calendar year 2024 was $185,388, for the role of SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cascade Housing Association get its money?

Of $15.8 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 93.5% from program service revenue (Form 990, Part VIII).

Is Cascade Housing Association a registered charity?

The IRS lists EIN 93-1133639 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523159349303272 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433189349310183 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343109349300144 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203149349303415 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133169349304508 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003189349304335 · read the filing

All filings for EIN 93-1133639: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.