NonprofitsRoc Usa Llc

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.

Expenses: $7.6M

Financials

FY 2024

Revenue

Contributions & grants$9.1M
Program service revenue$10.9M
Investment income$396K
Other revenue$66K
Total revenue$20.5M

Expenses

Grants paid$860K
Salaries & benefits$4.8M
Fundraising$323K
Other expenses$12.1M
Total expenses$17.8M
Total assets$223.8M
Net assets$29.4M

People

26 listed

NameRoleCompensation

PAUL BRADLEY

CEO

Board

$234K

40 hrs/wk

DAVID DOYON

CHIEF FINANCIAL OFFICER

Board

$213K

40 hrs/wk

NICHOLAS SALERNO

CHIEF OPERATING OFFICER

Board

$185K

40 hrs/wk

EMILY THADEN

PRESIDENT

Board

$119K

40 hrs/wk

DOUG RYAN

DIRECTOR

Board

1 hrs/wk

JEANNIE OLIVER

DIRECTOR

Board

1 hrs/wk

MELISSA MC DONALD

DIRECTOR

Board

1 hrs/wk

SAM GREEN

DIRECTOR

Board

1 hrs/wk

MARJORY GILSRUD

DIRECTOR

Board

1 hrs/wk

KELLY JENSEN

DIRECTOR

Board

1 hrs/wk

JULIA CURRY

DIRECTOR

Board

1 hrs/wk

TAMAR GREENSPAN

DIRECTOR

Board

1 hrs/wk

SARAH MARCHANT

SECRETARY

Board

1 hrs/wk

LAUREN COUNTS

VICE CHAIR

Board

1 hrs/wk

JENEE GAYNOR

DIRECTOR

Board

1 hrs/wk

ANDREA LEVERE

BOARD CHAIR

Board

1 hrs/wk

DEBORAH WINIEWICZ

DIRECTOR

Board

1 hrs/wk

MICHAEL SLOSS

MANAGING DIRECTOR ROC USA CAPITAL

Staff

$213K

40 hrs/wk

FRANK WILSON

EVP COOPERATIVE SOLUTIONS

Staff

$193K

40 hrs/wk

MARY O'HARA

EVP ROC MOVEMENT

Staff

$178K

40 hrs/wk

COLLEEN LINDECKER

EVP TRAINING AND CONTINUOUS LEARNING

Staff

$164K

40 hrs/wk

AMY CHHOM

VP TECHNICAL AND SPECIAL PROJECTS

Staff

$141K

40 hrs/wk

ANGELA ROMEO

VP ACQUISITIONS

Staff

$135K

40 hrs/wk

JODI BAYAT

NATIONAL ACQUISITION MANAGER

Staff

$106K

40 hrs/wk

KELLY STRAUCH

DATA ADMINISTRATION MANAGER

Staff

$105K

40 hrs/wk

MICHAEL BULLARD

VP COMMUNICATIONS

Staff

$102K

40 hrs/wk

Grants received

Showing 36 of 36

FromAmountPurposeYear
$500K
81816 GENERAL OPERATING SUPPORT FOR ROC USA LLC
2024
$380K
HEALTH ACCESS GRANT
2024
$300K
GENERAL SUPPORT
2024
$300K
EXPANDING COMMUNITY OWNERSHIP
2024
$10K
RESIDENT ENGAGEMENT AND LEADERSHIP
2024
$8M
ENVIRONMENT, ANIMALS
2023
$500K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2023
$300K
WEALTH-BUILDING THROUGH RESIDENT OWNERSHIP
2023
$300K
GENERAL SUPPORT
2023
$250K
80670 GENERAL OPERATING SUPPORT FOR ROC USA
2023
$200K
Housing and Transportation
2023
$85K
78980 INVESTING IN ROC USA TO GROW THE NUMBER OF RESIDENT-OWNED MANUFACTURED-HOME COMMUNITIES
2023
$30K
PROGRAM/OPERATING SUPPORT
2023
$22K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
EXEMPT PURPOSE
2023
$765K
78980 INVESTING IN ROC USA TO GROW THE NUMBER OF RESIDENT-OWNED MANUFACTURED-HOME COMMUNITIES
2022
$600K
IMPROVING HEALTH OUTCOMES VIA HOME OWNERSHIP AND HOUSING STABILITY: TO PROVIDE SUPPORT FOR A CATALYTIC FUND AIMED AT INCREASING RESIDENT HOME OWNERSHIP AND HOUSING STABILITY AMONG LOW-INCOME, HISPANIC, MANUFACTURED HOUSING COMMUNITIES IN CALIFORNIA TO PROMOTE HEALTH EQUITY.
2022
$200K
IMPROVING HEALTH OUTCOMES VIA HOME OWNERSHIP AND HOUSING STABILITY: TO PROVIDE SUPPORT FOR A CATALYTIC FUND AIMED AT INCREASING RESIDENT HOME OWNERSHIP AND HOUSING STABILITY AMONG LOW-INCOME, HISPANIC, MANUFACTURED HOUSING COMMUNITIES IN CALIFORNIA TO PROMOTE HEALTH EQUITY.
2022
$150K
MANUFACTURED HOUSING
2022
$60K
GENERAL OPERATING SUPPORT
2022
$30K
PROGRAM/OPERATING SUPPORT
2022
$5K
EXEMPT PURPOSE
2021
$1.3M
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$5K
EXEMPT PURPOSE
2020
$75K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2019
$75K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2018
$25K
PROGRAM/OPERATING SUPPORT
2018
$110K
EXPENDABLE GRANTS
2017

Funded by

$15.4M from 17 funders · 36 grants · 2017–2024

National Philanthropic Trust

$8M · 1 grant · 2023

The Robert Wood Johnson Foundation

$1.6M · 4 grants · 2022–2024

Vanguard Charitable Endowment Program

$1.3M · 2 grants · 2020–2023

The California Endowment

$800K · 2 grants · 2022

Neighborhood Reinvestment Corporation

$685K · 7 grants · 2017–2023

Jpmorgan Chase Foundation

$650K · 3 grants · 2018–2023

The Ford Foundation

$600K · 2 grants · 2023–2024

The Prudential Foundation

$600K · 2 grants · 2023–2024

Details

EIN352319441
NTEE codeL50
Subsection03
Ruling date2008-04
Formed2007
Employees35
Volunteers0
ROC USA LLC — Mission, Financials & Grants Received | Grantivo