Yamhill Community Development Company

Yamhill Community Development Company is a nonprofit organization based in McMinnville, Oregon, dedicated to building quality, affordable housing and promoting homeownership among low- and moderate-income families and individuals. It operates primarily through its program known as Guided Self-Help Housing Opportunity, which assists eligible families in rural Oregon to obtain financing, purchase land, and participate in the construction of their homes. The organization serves as the general contractor throughout the building process, enabling families to gain equity and skills while achieving homeownership.

Mission and Activities

The mission of Yamhill Community Development Company centers on creating affordable housing, fostering homeownership, developing equity, and building skills in low- and moderate-income families and individuals. It accomplishes this by collaborating with public and private partners within rural communities to provide affordable housing solutions. The organization emphasizes empowering families to actively participate in building their homes, thus fostering a sense of ownership and community development.

Programs

The primary program is the Guided Self-Help Housing Opportunity, which supports families in accessing USDA Rural Development loans and constructing homes with the organization's guidance. This model helps families reduce costs by contributing their own labor alongside professional assistance. In recent years, Yamhill Community Development Company has successfully assisted multiple families in realizing their homeownership goals, contributing positively to community stability and growth.

Governance and Financials

Yamhill Community Development Company is a registered 501(c)(3) nonprofit organization with Employer Identification Number (EIN) 93-1054093. The organization has received high marks for financial accountability and transparency, including a four-star rating from Charity Navigator, reflecting strong management and governance practices. It maintains a fully independent board and adheres to comprehensive policies including conflict of interest and whistleblower protections. The organization's financial health is characterized by a solid asset base and prudent management of liabilities.

In a recent fiscal year ending in June 2011, the organization reported total assets of approximately $5.6 million with liabilities of about $2 million. Contributions accounted for the majority of its revenue, with significant program service income as well. The organization's expenses include executive compensation and wages for other staff, emphasizing investment in personnel to fulfill its mission.

Impact

Yamhill Community Development Company has been instrumental in addressing affordable housing needs in rural Oregon by enabling families to build their own homes and achieve long-term economic stability. Through its programmatic approach and partnership model, it contributes to community revitalization and individual empowerment, helping families build equity and acquire valuable construction skills.

This overview reflects the organization's commitment to affordable housing and community development, supported by transparent governance and effective program delivery.