RURAL COMMUNITY ASSISTANCE CORPORATION
3120 Freeboard Drive, West Sacramento, CA 95691 www.rcac.org

Total Revenue
$24,246,331
Total Expenses
$18,744,774
Net Assets
$42,597,011

Organizations Filed Purposes: RCAC provides training, technical and financial resources and advocacy so rural communities achieve their goals and visions.

Community & Environmental Services: RCAC assisted 707 rural communities to build, improve, manage, operate or finance drinking water, wastewater or solid waste systems. RCAC trained 6,118 individuals on environmental infrastructure through 229 workshops and assisted 128 communities to start work plans for future infrastructure improvements. RCAC provided 13,286 hours of technical assistance and training to more than 96 native groups in the West.RCAC's Building Rural Economies program continues to grow and is now serving 23 communities in nine states. Within the communities served by BRE in 2018, 65 new business ventures have been launched, 33 businesses have expanded, and 10 businesses have been retained, resulting in 96.5 new jobs created and 18 jobs retained. RCAC has hired new economic development-focused staff, trained existing staff on economic development models, and grown our capacity to serve the varying business needs identified in the communities we serve.

Housing: RCAC provided technical assistance (TA) and consulting services to 19 nonprofit organizations and local government agencies for the development of affordable housing. In FY18, there were 608 housing units in some stage of development, ranging from early project conception to very close to construction throughout the rural west. RCAC continues to provide technical assistance to 49 self-help housing agencies across 10 states and the Pacific Islands to develop 605 new mutual self-help homes and to rehabilitate 100 homes. RCAC, in its role as a HUD Intermediary, provided pass-through funding, oversight and TA to 18 housing counseling agencies across 10 states. Pass-through agencies assisted over 8,100 clients to help them with their housing goals.Staff also administered the Project Reinvest Financial Capability counseling program (PR) with 11 pass-through agencies and managed 25 pass-through agencies in the Keep Your Home California program (KYHC). Pass-through agencies assisted over 1,400 clients with financial capability counseling. The KYHC program programs assisted over 2,000 households to avoid foreclosure.In FY18, RCAC was awarded a national housing counseling training grant. Housing staff conducted 44 workshops training over 1,300 participants on various counseling topics including HUD certification and program management. Housing staff also trained on USDA Section 502 Direct packager certification program, financial management, financing for affordable housing, the Uniform Guidance, and completed the second cohort of the Tribal Housing Excellence Academy.

Loan Fund: RCAC created its Loan Fund in 1988 and was later certified as a CDFI. As of September 30, 2018, RCAC closed 1,033 loans which totaled $534,990,756 and leveraged more than $2.09 billion for projects in rural communities. These loans supported 87,604 individual water and wastewater connections for rural citizens, 14,304 housing units; 11,210,718 feet of community facility space; and created or retained 18,707 jobs. RCAC currently has 317 loans under management, totaling more than $117.3 million. Additionally, RCAC manages 55 loans totaling more than $52.3 million on behalf of other lenders and investors. In FY18, RCAC closed 74 loans which totaled $49,394,870 in 13 states. These loans supported 4,059 individual water and wastewater connections for rural citizens, 522 housing units; 608,850 square feet of community facility and small business space; and created or retained 1,274 Jobs.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Stan KeaslingCEO40$244,513
David EbenezerCFO40$134,019
George SchlenderDir. Comm & Env.40$131,023
Julia HelmreichDir Communications40$112,982
Diana VarcadosDirector IT40$102,807
Michael CarrollDirector, Housing40$102,538
Juanita HallstromDirector Loan Fund40$98,180
John SheehanDirector10$0
Vickie Oldman-JohnDirector2$0
Nalani Fujimori KainaPresident3$0
Joseph L HerringSecretary2$0
Nancy BrownDirector1$0
Richard EliasVice President2$0
Frank BravoDirector2$0
Kimberly PeoneDirector1$0
Martin MillerTreasurer3$0
Claudia OgradyDirector2$0
Lyle MeeksDirector3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201911339349304081_public.xml