Basic Organization Information
Proud Ground
- Physical Address:
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Portland, OR
97217
- EIN:
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93-1290320
- Web URL:
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www.proudground.org
- Blog URL:
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www.facebook.com/pag...
- NTEE Category:
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L Housing, Shelter
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L20 Housing Development, Construction, Management
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None
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None
- Year Founded:
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1999
- Ruling Year:
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2001
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Mission Statement
To advance individual and community prosperity by investing in buildings, homes and families.
Proud Ground provides affordable homeownership opportunities for low/moderate-income, first-time homebuyers. Working with community partners, lenders,
builders and others, Proud Ground prepares families and individuals for
homeownership; helps them purchase existing homes; builds new affordable, energy-efficient homes; renovates existing homes; offers homeowners tools to be successful; and manages transactions to keep
homes affordable for generations to come.
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Impact Statement from Nonprofit
Proud Ground has served 160+ new
homeowners and has 137 permanently affordable homes in its portfolio:
- The median sales price of a Proud Ground home in
2011 was $121,000, vs. $220,000 for a market-rate home in Portland.
- The median sales price of a Proud Ground home
upon resale is $125,400.
- The median household income of Proud Ground
homeowners is $33,100 / 60% MFI.
Revenue and Expenses
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Financial Statements
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Chief Executive
Jesse Beason
Term:
Since
Aug
2008
CEO/Executive Director Statement:
I believe in a region where all families can prosper. To build such a community, we need to invest in a continuum of services that helps families not only build stability, but assets too. Homeownership is the single most important way families in our community build these assets.
Portland, like much of the United States, has a checkered past in providing access to homeownership—and thus assets—for communities of color. The result has been that communities of color own homes at half the rate of white Portlanders.
Proud Ground has made a commitment to address this disparity. We have been partners with many others in our community in meeting that commitment. We couldn’t do any of it, however, without the continued commitment and investment of the City of Portland, through the Portland Housing Bureau.
The City of Portland has invested in communities’ aspirations, built capacity in culturally-specific service delivery and has achieved success. City Council, however, ultimately will decide if these programs should continue in 2012. If funding is not renewed during this budget cycle, Portland’s successful system of creating and sustaining homeownership will be dismantled—and the cut to these programs would disproportionately impact communities of color.
Current interest rates and housing prices mean that homeownership is more accessible to many families of color than in the past fifteen years. Now is the time to invest in those Portland families—and in Portland’s future.
Jesse Beason, Executive Director
Officers for Fiscal Year
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Highest Paid Employees & Their Compensation
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Program:
Community Outreach
- Budget:
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--
- Category:
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- Population Served:
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Poor/Economically Disadvantaged, Indigent, General
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Ethnic/Racial Minorities -- General
Program Description:
Outreach & education; coalition building.
Program Long-Term Success:
Program Short-Term Success:
Program Success Monitored by:
Program Success Examples:
Program:
Housing Acquisition & Development
- Budget:
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--
- Category:
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Housing
- Population Served:
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Poor/Economically Disadvantaged, Indigent, General
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Ethnic/Racial Minorities -- General
Program Description:
Undertake housing development projects including renovation, new construction, work with partner developers.
Program Long-Term Success:
Program Short-Term Success:
Program Success Monitored by:
Program Success Examples:
Program:
Home buyer education & counseling
- Budget:
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--
- Category:
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Housing
- Population Served:
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Poor/Economically Disadvantaged, Indigent, General
Program Description:
Provide one-on-one education and coaching to households in the process of getting ready to purchase, or actively purchasing, a home through Proud Ground.
Program Long-Term Success:
Program Short-Term Success:
Program Success Monitored by:
Program Success Examples:
Program:
Post-purchase support
- Budget:
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--
- Category:
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- Population Served:
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Poor/Economically Disadvantaged, Indigent, General
Program Description:
Provide current home owners with continuing services, including foreclosure prevention counseling and maintenance & repaid consultations, to help ensure success and stability.
Program Long-Term Success:
Program Short-Term Success:
Program Success Monitored by:
Program Success Examples:
Funding Needs
- General operational and program support
- Direct homebuyer assistance (in other words, funds to help lower the purchase price of homes, making them affordable for our clients)
- Housing acquisition and pre-development funds
Volunteer Needs
- Staff information tables and other outreach activities
- Employees of corporate donors: landscape/yard/garden work parties, at homes in development and for current homeowners
Request for In-Kind Contributions
- Color printing
- New household items for new homeowners (flashlights, fire extinguishers, tape measures ...)