Hacienda Community Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HACIENDA IS A LATINO COMMUNITY DEVELOPMENT CORPORATION THAT STRENGTHENS FAMILIES BY PROVIDING AFFORDABLE HOUSING, HOMEOWNERSHIP SPUPORT, ECONOMIC ADVANCEMENT, AND EDUCATIONAL OPPORTUNTIES.
- Income
- $13.4 million
- Spending
- $13.6 million
- Spent on programs
- 77%
- Reserves
- -0.4 months of spending
- Largest source of income
- government grants, 53%
- Employees
- 83
- Volunteers
- 45
- Highest pay
- $206,999, ceo
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 39 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
0 of 15Income fell 59% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $6.1 million spent. AFFORDABLE HOUSING AND COMMERCIAL PROPERTY DEVELOPMENT AND MANAGEMENT: IN ADDITION TO ITS RESIDENTIAL PROPERTIES, HCDC DEVELOPED AND OPERATES ITS ADMINISTRATIVE OFFICE BUILDING AND 2 COMMERCIAL SPACES: THE PORTLAND MERCADO AND THE ORTIZ CENTER. THE PORTLAND MERCADO IS A COMMERCIAL SPACE THAT OPERATES AS A SMALL BUSINESS AND FOOD SERVICES INCUBATOR, PUBLIC MARKET, AND FOOD CART POD. THE BALTAZAR F. ORTIZ CENTER HOUSES A COUNTY HEALTH CLINIC AND FAMILY RESOURCE CENTER. HACIENDA CONTINUES TO DEVELOP AND BUILD PROTOTYPES OF MODULAR HOUSING USING MASS TIMBER. THE PROJECT, CALLED MASS CASITAS, IS IN PARTNERSHIP WITH THE PORT OF PORTLAND AND STATE OF OREGON.
- $2.4 million spent. YOUTH AND FAMILY SERVICES: HACIENDA'S YOUTH AND FAMILY SERVICES DEPARTMENT PROVIDES EDUCATIONAL AND SOCIAL SUPPORT TO CHILDREN AND PARENTS. THE PROGRAMS THEY DEVLIERED ARE DESIGNED TO PROMOTE HEALTHY AND VIBRANT PARENT-CHLID RELATIONSHIPS, HELP CHILDREN REACH THEIR FULL POTENTIAL AND GIVE PARENTS THE TOOLS TO SUPPORT THEIR CHILD'S EDUCATIONAL AND EMOTIONAL DEVELOPMENT. HACIENDA'S BILINGUAL AND BICULTURAL STAFF, IN COLLABORATION WITH OTHER CULTURALLY SPECFIC COMMUNITY PARTNERS, ADMINISTER ALL YOUTH AND FAMILY SUPPORT PROGRAMS WHICH INCLUDE:EXPRESIONES, HACIENDA'S AFTERSCHOOL AND SUMMER PROGRAM WHICH SERVES YOUTH GRADES K-8.NINOS, HACIENDA'S EARLY CHILDHOOD EDUCATION PROGRAM, SERVES LATINO CHILDREN THROUGHOUT MULTNOMAH COUNTY WITH HOME VISITING, EDUCATIONAL WORKSHOPS AND PARENTING SUPPORT GROUPS.SUN YOUTH ADVOCACY PROVIDES CULTURALLY APPROPRIATE SUPPORT TO AT-RISK LATINO MIDDLE-SCHOOLERS AT GEORGE AND BEAUMONT MIDDLE SCHOOLS.ARROB@S, A NEW PROGRAM LAUNCHED IN 2020, IS FOCUSED ON ADVANCING STEM EDUCATION, DIGITAL LITERACY AND WORKFORCE READINESS FOR MIDDLE AND HIGH SCHOOL STUDENTS AND ADULTS.RESIDENT SERVICES PROGRAM OFFERS ONGOING SUPPORT TO RESIDENTS TO ENSURE THEIR HOUSING STABILITY WITH RESOURCES SUCH AS RENT, UTILITY AND TRANSPORTATION ASSISTANCE AND BUILDS CONNECTIONS TO RESOURCES AND THE COMMUNITY.
- $1.9 million spent. ECONOMIC OPPORTUNITY: STARTED IN 2006, THE ECONOMIC OPPORTUNITY PROGRAM FORMS A CENTRAL PIECE OF HACIENDA'S STRATEGY TO HELP FAMILIES BUILD AND PROTECT THEIR ASSETS AND FINANCIAL SECURITY.ECONOMIC OPPORTUNITY INCLUDES TWO MAJOR PROGRAMS:HOMEOWNERSHIP: HACIENDA IS A HUD-APPROVED HOUSING COUNSELING PROGRAM WITH A TEAM OF CERTIFIED COUNSELORS. HACIENDA STAFF PROVIDE FINANCIAL COACHINGAND WORK WITH FAMILIES ONE-ON-ONE TO ASSIST THEM IN MAKING THE BEST FINANCIAL CHOICES FOR THEIR HOUSEHOLD. THE HOMEOWNERSHIP PROGRAM INCLUDES:THE CAMINO A CASA/PRE-PURCHASE PROGRAM PREPARES PROSPECTIVE HOMEBUYERS FOR OWNING A FIRST HOME. CLIENTS WORK WITH HACIENDA'S FINANCIAL COACHES AND HUD-CERTIFIED HOUSING COUNSELORS THROUGHOUT THE ENTIRETY OF THE HOME-BUYING PROCESS. IN ADDITION TO MORTGAGE-READINESS AND FINANCIAL FITNESS WORKSHOPS, THEY PROVIDE SEVERAL OPPORTUNITIES FOR DOWN-PAYMENT ASSISTANCE. CLIENTS ARE ASSISTED WITH OPENING INDIVIDUAL DEVELOPMENT ACCOUNTS (IDA'S) WHICH PROVIDE 5-1 MATCHING DOLLARS FOR DOWN PAYMENTS, SMALL BUSINESS, VEHICLE PURCHASE AND RETIREMENT.THE DEFAULT INTERVENTION PROGRAM PROVIDES SUPPORT TO HOMEOWNERS AT RISK OF FORECLOSURE. HACIENDA'S CERTIFIED HOUSING COUNSELORS WORK WITH THOSE STRUGGLING FINANCIALLY TO IDENTIFY AND EXPLORE ALL AVAILABLE OPTIONS BASED ON THEIR SPECIFIC SITUATIONS. SERVICES ARE FREE OF CHARGE.HACIENDA'S MERCADO EMPRESARIOS SUPPORTS ENTREPRENEURS THROUGH PERSONALIZEDTECHNICAL ASSISTANCE TO LAUNCH AND SCALE THEIR BUSINESSES, FOCUSING ON WOMEN-, MINORITY- AND IMMIGRANT-OWNED BUSINESSES. HACIENDA'S BILINGUAL/BICULTURAL BUSINESS ADVISORS PROVIDE ONE-ON-ONE TECHNICAL ASSISTANCE, HOST SPANISH-LANGUAGE SMALL BUSINESS BOOTCAMPS, A MONTHLY NETWORKING SEMINAR AND A VARIETY OF EVENTS AND SALES OPPORTUNITIES FOR ENTREPRENEURS. HACIENDA'S MERCADO EMPRESARIOS PROGRAM IS A CRITICAL PART OF THE BIPOC ENTREPRENEURIAL LANDSCAPE IN THE REGION, AND HACIENDA IS AN ACTIVE PARTNER IN PORTLAND'S INCLUSIVE BUSINESS RESOURCE NETWORK.HACIENDA'S COMMITMENT TO SMALL BUSINESSES AND ENTREPRENEURISM IS ALSO HIGHLIGHTED IN THEIR COMMERCIAL PROPERTY PORTLAND MERCADO, WITH 18 ON-SITE BUSINESSES AND A SLIDING-SCALE COMMERCIAL KITCHEN. PORTLAND MERCADO HAS BECOME A THRIVING HUB FOR CULTURAL EVENTS, FOOD, AND ENTREPRENEURISM. HACIENDA ACTIVATES THE SPACE THROUGH HOSTING AND SUPPORTING ON-SITE EVENTS.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.