Housing & Shelter
Roc Usa Llc
CONCORD, NH
Total revenue
$20.5M
Total expenses
$17.8M
Net assets
$29.4M
Grants received
$15.4M
36 grants
EIN
352319441
Tax year
2024
Mission
The organization's purpose is to aid people living in manufactured home communities (mhcs) so that as a group they can purchase their communities and operate them as resident-owned and/or controlled entities thereby: (i) preserving long-term existence and affordability of the manufactured housing sector;(ii) creating a stable environment for reasonably priced(non-predatory) single-family lending and the resulting asset appreciation;(iii) lessening the burdens of state and local governments arising out of the loss of this sector of affordable housing (i.e. Primarily the demands for relocation assistance and subsidized housing alternatives arising from mhc closures); (iv) combating deterioration of mhcs; and (v) eliminating the economic discrimination and stigma suffered by owners of manufactured and mobile homes within mhcs.
Programs
1 program
Resident ownership capital, llc provides loans to resident owned corporations for acquisition, improvement and operation of their manufactured home communities as resident-owned. In 2024, resident ownership capital provided $39m in financing to eleven rocs for due diligence and community acquisitions and improvements. Roc usa released third-party impact data on roc usa capital's portfolio communities. The study shows that rocs after five years of ownership have monthly site fees between market rate and as much as 17% below market in their respective markets. The impact report is a part of a longitudinal comparable site fee study conducted for roc usa by an independent appraiser. Rocs in the study are on average raising site fees 1% per year. There is no comparable statistic for commercially-operated communities however in one of the subject properties, site fees were raised 2.5% annually prior to resident ownership.
Financials
FY 2024
Revenue
Expenses
People
26 listed
PAUL BRADLEY
CEO
$234K
40 hrs/wk
DAVID DOYON
CHIEF FINANCIAL OFFICER
$213K
40 hrs/wk
NICHOLAS SALERNO
CHIEF OPERATING OFFICER
$185K
40 hrs/wk
EMILY THADEN
PRESIDENT
$119K
40 hrs/wk
DOUG RYAN
DIRECTOR
—
1 hrs/wk
JEANNIE OLIVER
DIRECTOR
—
1 hrs/wk
MELISSA MC DONALD
DIRECTOR
—
1 hrs/wk
SAM GREEN
DIRECTOR
—
1 hrs/wk
MARJORY GILSRUD
DIRECTOR
—
1 hrs/wk
KELLY JENSEN
DIRECTOR
—
1 hrs/wk
JULIA CURRY
DIRECTOR
—
1 hrs/wk
TAMAR GREENSPAN
DIRECTOR
—
1 hrs/wk
SARAH MARCHANT
SECRETARY
—
1 hrs/wk
LAUREN COUNTS
VICE CHAIR
—
1 hrs/wk
JENEE GAYNOR
DIRECTOR
—
1 hrs/wk
ANDREA LEVERE
BOARD CHAIR
—
1 hrs/wk
DEBORAH WINIEWICZ
DIRECTOR
—
1 hrs/wk
MICHAEL SLOSS
MANAGING DIRECTOR ROC USA CAPITAL
$213K
40 hrs/wk
FRANK WILSON
EVP COOPERATIVE SOLUTIONS
$193K
40 hrs/wk
MARY O'HARA
EVP ROC MOVEMENT
$178K
40 hrs/wk
COLLEEN LINDECKER
EVP TRAINING AND CONTINUOUS LEARNING
$164K
40 hrs/wk
AMY CHHOM
VP TECHNICAL AND SPECIAL PROJECTS
$141K
40 hrs/wk
ANGELA ROMEO
VP ACQUISITIONS
$135K
40 hrs/wk
JODI BAYAT
NATIONAL ACQUISITION MANAGER
$106K
40 hrs/wk
KELLY STRAUCH
DATA ADMINISTRATION MANAGER
$105K
40 hrs/wk
MICHAEL BULLARD
VP COMMUNICATIONS
$102K
40 hrs/wk
Grants received
Showing 36 of 36
Funded by
$15.4M from 17 funders · 36 grants · 2017–2024
$8M · 1 grant · 2023
$1.6M · 4 grants · 2022–2024
$1.3M · 2 grants · 2020–2023
$800K · 2 grants · 2022
$685K · 7 grants · 2017–2023
$650K · 3 grants · 2018–2023
$600K · 2 grants · 2023–2024
$600K · 2 grants · 2023–2024