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Reach Apartments Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Public Housing Facilities (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$242k (2023)

Expenses
$235k (2023)

Total Assets
$567k (2023)

Total Liabilities
$594k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$241,618
Expenses
$234,770
Net Income
$6,848
Net Assets
-$26,575
Notable Sources of Revenue Percent of Total Revenue
Contributions $177,645
73.5%
Program Services $57,394
23.8%
Investment Income $188
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,391
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $567,358
Total Liabilities $593,933
Net Assets -$26,575
Compensation
Key Employees and Officers Compensation Related Other
Daniel Valliere (President & Ceo (Until Oct. 2023)) $0 $176,403 $27,042
Tekle Bushen (Chief Financial Officer) $0 $145,966 $10,769
Margaret Salazar (President & Ceo (As Of Oct. 2023)) $0 $29,276 $2,579
Jill Lam (Board Chair) $0 $0 $0
Debbie Burke (Vice Chair) $0 $0 $0
Whit Spencer (Treasurer) $0 $0 $0
Jamie Beckland (Secretary) $0 $0 $0
Alexander Mcpherson (Board Member) $0 $0 $0
Ben Werner (Board Member) $0 $0 $0
Cheranda Curtis (Board Member) $0 $0 $0
Cris Sohler (Board Member) $0 $0 $0
David Sacamano (Board Member) $0 $0 $0
Edward Knightly (Board Member) $0 $0 $0
Jim Lodwick (Board Member) $0 $0 $0
Samm Mccrary (Board Member) $0 $0 $0
Clara Johnson (Board Member) $0 $0 $0
Tejan Conteh (Board Member) $0 $0 $0
Sam Stuckey (Board Member) $0 $0 $0
Paul Cummings (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$225,543
Expenses
$176,247
Net Income
$49,296
Net Assets
-$33,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $168,099
74.5%
Program Services $57,355
25.4%
Investment Income $89
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $14,565
8.3%
Assets/Debt
Total Assets $536,397
Total Liabilities $569,820
Net Assets -$33,423
Compensation
Key Employees and Officers Compensation Related Other
Alexander Mcpherson (Board Member) $0 $0 $0
Ben Werner (Treasurer) $0 $0 $0
Cheranda Curtis (Board Member) $0 $0 $0
Clara Johnson (Board Member) $0 $0 $0
Cris Sohler (Board Member) $0 $0 $0
David Sacamano (Board Member) $0 $0 $0
Debbie Burke (Vice Chair) $0 $0 $0
Edward Knightly (Board Member) $0 $0 $0
Jamie Beckland (Secretary) $0 $0 $0
Jill Lam (Chair) $0 $0 $0
Jim Lodwick (Board Member) $0 $0 $0
Rebbecca Maese (Board Member (Outgoing)) $0 $0 $0
Sam Stuckey (Board Member) $0 $0 $0
Samm Mccrary (Board Member) $0 $0 $0
Tejan Conteh (Board Member) $0 $0 $0
Whit Spencer (Board Member) $0 $0 $0
Daniel Valliere (President & Ceo) $0 $179,433 $27,921
Pamela Benoit (Coo (Outgoing)) $0 $195,408 $150,183

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$189,689
Expenses
$184,002
Net Income
$5,687
Net Assets
-$82,719
Notable Sources of Revenue Percent of Total Revenue
Contributions $128,956
68.0%
Program Services $60,650
32.0%
Investment Income $83
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $14,170
7.7%
Assets/Debt
Total Assets $514,872
Total Liabilities $597,591
Net Assets -$82,719
Compensation
Key Employees and Officers Compensation Related Other
Alexander Mcpherson (Board Member) $0 $0 $0
Ben Werner (Treasurer) $0 $0 $0
Cheranda Curtis (Board Member) $0 $0 $0
Cris Sohler (Board Member) $0 $0 $0
David Sacamano (Board Member) $0 $0 $0
Debbie Burke (Vice Chair) $0 $0 $0
Edward Knightly (Board Member) $0 $0 $0
Jamie Beckland (Secretary) $0 $0 $0
Jill Lam (Chair) $0 $0 $0
Jim Lodwick (Board Member) $0 $0 $0
Marc Tedesco (Secretary (Outgoing)) $0 $0 $0
Marshawna Williams (Board Member (Outgoing)) $0 $0 $0
Rebbecca Maese (Board Member) $0 $0 $0
Ron Alexander (Board Member (Outgoing)) $0 $0 $0
Samm Mccrary (Board Member) $0 $0 $0
Whit Spencer (Board Member) $0 $0 $0
Daniel Valliere (President & Ceo) $0 $173,500 $17,500
Pamela Benoit (Coo) $0 $172,607 $17,341

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$211,663
Expenses
$195,874
Net Income
$15,789
Net Assets
-$88,406
Notable Sources of Revenue Percent of Total Revenue
Contributions $154,056
72.8%
Program Services $57,508
27.2%
Investment Income $99
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $23,320
11.9%
Assets/Debt
Total Assets $494,129
Total Liabilities $582,535
Net Assets -$88,406
Compensation
Key Employees and Officers Compensation Related Other
Ben Werner (Member) $0 $0 $0
Cameron Whitten (Member) $0 $0 $0
David Sacamano (Member) $0 $0 $0
Debbie Burke (Vice Chair) $0 $0 $0
Edward Knightly (Member) $0 $0 $0
Jill Lam (Treasurer) $0 $0 $0
Jim Lodwick (Member) $0 $0 $0
Marc Tedesco (Secretary) $0 $0 $0
Marshawna Williams (Member) $0 $0 $0
Rebbecca Maese (Board Chair) $0 $0 $0
Robert Koury (Member) $0 $0 $0
Ron Alexander (Member) $0 $0 $0
Whit Spencer (Member) $0 $0 $0
Dan Valliere (Ceo) $0 $177,787 $14,764
Pamela Benoit (Coo) $0 $195,182 $15,667

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,487
Expenses
$202,835
Net Income
-$4,348
Net Assets
-$104,195
Notable Sources of Revenue Percent of Total Revenue
Contributions $138,646
69.9%
Program Services $59,725
30.1%
Investment Income $116
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $33,870
16.7%
Assets/Debt
Total Assets $465,442
Total Liabilities $569,637
Net Assets -$104,195
Compensation
Key Employees and Officers Compensation Related Other
Ben Werner (Member) $0 $0 $0
Cameron Whitten (Member) $0 $0 $0
David Sacamano (Member) $0 $0 $0
Debbie Burke (Vice Chair) $0 $0 $0
Edward Knightly (Member) $0 $0 $0
Jill Lam (Treasurer) $0 $0 $0
Jim Lodwick (Member) $0 $0 $0
Marc Tedesco (Secretary) $0 $0 $0
Marshawna Williams (Member) $0 $0 $0
Rebbecca Maese (Board Chair) $0 $0 $0
Robert Koury (Member) $0 $0 $0
Ron Alexander (Member) $0 $0 $0
Whit Spencer (Member) $0 $0 $0
Dan Valliere (Ceo) $0 $165,038 $14,065
Pamela Benoit (Coo) $0 $167,068 $14,277

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$193,949
Expenses
$175,117
Net Income
$18,832
Net Assets
-$99,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $139,633
72.0%
Program Services $54,223
28.0%
Investment Income $93
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $464,346
Total Liabilities $564,193
Net Assets -$99,847
Compensation
Key Employees and Officers Compensation Related Other
Nancy Bond (President) $0 $0 $0
Rebbecca Maese (Vice Preside) $0 $0 $0
Marc Tedesco (Secretary) $0 $0 $0
Whit Spencer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$182,762
Expenses
$171,610
Net Income
$11,152
Net Assets
-$118,679
Notable Sources of Revenue Percent of Total Revenue
Contributions $147,495
80.7%
Program Services $35,180
19.2%
Investment Income $87
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $463,396
Total Liabilities $582,075
Net Assets -$118,679
Compensation
Key Employees and Officers Compensation Related Other
Larry Conrad (President) $0 $0 $0
Marshawna Williams (Vice Preside) $0 $0 $0
Edward Knightly (Secretary/Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$176,446
Expenses
$204,660
Net Income
-$28,214
Net Assets
-$129,831
Notable Sources of Revenue Percent of Total Revenue
Contributions $138,744
78.6%
Program Services $37,608
21.3%
Investment Income $94
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $496,882
Total Liabilities $626,713
Net Assets -$129,831
Compensation
Key Employees and Officers Compensation Related Other
Larry Conrad (President) $0 $0 $0
Marshawna Williams (Vice Preside) $0 $0 $0
Edward Knightly (Secretary/Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$178,607
Expenses
$188,633
Net Income
-$10,026
Net Assets
-$101,617
Notable Sources of Revenue Percent of Total Revenue
Contributions $138,654
77.6%
Program Services $39,850
22.3%
Investment Income $103
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $548,731
Total Liabilities $650,348
Net Assets -$101,617
Compensation
Key Employees and Officers Compensation Related Other
Larry Conrad (President) $0 $0 $0
Marshawna Williams (Vice Preside) $0 $0 $0
Edward Knightly (Secretary/Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,030
Expenses
$181,888
Net Income
-$9,858
Net Assets
-$91,591
Notable Sources of Revenue Percent of Total Revenue
Contributions $138,501
80.5%
Program Services $33,327
19.4%
Investment Income $202
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $572,519
Total Liabilities $664,110
Net Assets -$91,591
Compensation
Key Employees and Officers Compensation Related Other
Larry Conrad (President) $0 $0 $0
Marshawna Williams (Vice Preside) $0 $0 $0
Edward Knightly (Secretary/Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,288
Expenses
$169,611
Net Income
-$11,323
Net Assets
-$81,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $125,372
79.2%
Program Services $32,721
20.7%
Investment Income $195
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $591,886
Total Liabilities $673,619
Net Assets -$81,733
Compensation
Key Employees and Officers Compensation Related Other
Bhavna Kumar (Vice Preside) $0 $0 $0
Lawrence Conrad (Secretary/Tr) $0 $0 $0
Ruth Ann Tsukuda (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$160,330
Expenses
$172,091
Net Income
-$11,761
Net Assets
-$70,410
Notable Sources of Revenue Percent of Total Revenue
Contributions $125,999
78.6%
Program Services $34,017
21.2%
Investment Income $314
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $603,820
Total Liabilities $674,230
Net Assets -$70,410

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$153,368
Expenses
$152,862
Net Income
$506
Net Assets
-$58,649
Notable Sources of Revenue Percent of Total Revenue
Contributions $115,735
75.5%
Program Services $37,382
24.4%
Investment Income $251
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $612,712
Total Liabilities $671,361
Net Assets -$58,649

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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