EIN 35-2319441

Roc USA LLC

IRS 501(c) type
501(c)(3)
Num. employees
35
City
Concord
Year formed
2007
Most recent tax filings
2023-12-01
Description
Roc USA LLC helps residents of manufactured home communities purchase and operate their communities as resident-owned entities nationwide.
Also known as...
Paul Edward Bradley MBR
Total revenues
$21,389,105
2023
Total expenses
$13,212,084
2023
Total assets
$193,742,158
2023
Num. employees
35
2023

Program areas at Roc USA LLC

Roc USA focuses on governance, strategy, brand, financial management, communications and in conjunction with network affiliated nonprofit certified technical assistance providers work with resident groups to provide core training and education, community re-branding, housing rehabilitation and infill of vacant sites. They also assist in providing community solar infrastructure and leveraging home and community improvement resources for rocs in their regions.during 2023 Roc USA assisted 17 additional resident owned communities and preserved 1,182 homes in eight states. Roc USA now serves 304 communities and serves over 20,000 homeowners in 21 states from coast to coast.
Resident ownership capital, LLC provides loans to resident owned corporations for acquisition, improvement and operation of their manufactured home communities as resident-owned. In 2023, resident ownership capital provided $36m in financing to five 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.

Grants made by Roc USA LLC

GranteeGrant descriptionAmount
California Center for Cooperation DevelopmentCapacity Building Grant$170,000
Cooperative Development InstituteCapacity Building Grant$35,000
Welcome Housing Yes You Can LEAP ROCCapacity Building Grant$20,000
...and 6 more grants made

Who funds Roc USA LLC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Robert Wood Johnson Foundation (RWJF)78980 Investing in Roc Usa To Grow the Number of Resident-Owned Manufactured-Home Communities$765,000
The California EndowmentImproving 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.$600,000
Prudential FoundationWealth-Building Through Resident Ownership$300,000
...and 5 more grants received

Personnel at Roc USA LLC

NameTitleCompensation
Nicholas SalernoChief Operating Officer$176,761
David DoyonChief Financial Officer$221,927
Mike BullardVice President , Communications in +
Amy ChhomVice President Technical and Special Projects$141,106
Frank WilsonExecutive Vice President Cooperative Solutions$191,906
...and 22 more key personnel

Financials for Roc USA LLC

RevenuesFYE 12/2023
Total grants, contributions, etc.$11,576,646
Program services$9,420,974
Investment income and dividends$391,485
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$21,389,105

Form 990s for Roc USA LLC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-06-30990View PDF
2021-122022-05-16990View PDF
2020-122021-05-21990View PDF
2019-122020-09-24990View PDF
...and 9 more Form 990s
Data update history
July 22, 2024
Updated personnel
Identified 3 new personnel
July 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $765,000 from Robert Wood Johnson Foundation (RWJF)
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from NeighborWorks America
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsCommunity Development Financial InstitutionsCharities
Issues
Human servicesHousing
Characteristics
Political advocacyLobbyingReceives government fundingEndowed supportManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
6 Loudon Rd 501
Concord, NH 03301
County
Merrimack County, NH
Website URL
rocusa.org/ 
Phone
(603) 856-0246
Facebook page
rocusa.bettertogether 
Twitter profile
@rocusaorg 
IRS details
EIN
35-2319441
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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