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Nonprofit · EIN 33-1030838

RAINIER VALLEY COMMUNITY DEVELOPMENT FUND

Tax-exempt · SEATTLE, WA 98144

Financials

$1.6M$1.5M2023$1.8M$1.7M2024$4.9M$2.3M2025
Revenue Expenses · by fiscal year end
Financials of RAINIER VALLEY COMMUNITY DEVELOPMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,911,057$2,276,543$2,634,514$33,574,441$2,993,523$30,580,918
December 31, 2024990$1,848,906$1,687,014$161,892$31,454,230$3,095,189$28,359,041
December 31, 2023990$1,551,417$1,474,649$76,768$31,131,128$2,386,790$28,744,338
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,119,726
of which government grants
$2,212,947
Program service revenue
$1,599,291
Investment income
$184,648
Net rental income
$5,740
Other revenue
$7,392

Expenses

Grants and similar amounts paid
$213,412
Compensation of officers, directors and key employees
$177,861
Other salaries and wages
$747,517
Salaries, compensation and benefits (total)
$1,120,323
Professional fundraising fees
$0
Legal fees
$8,993
Accounting fees
$122,408
Occupancy
$21,558
Travel
$25,851
Depreciation
$59,790
Program services (functional)
$1,373,235
Management and general (functional)
$732,176
Fundraising (functional)
$171,132

Balance sheet and other

Total assets, start of year
$31,454,230
Total assets, end of year
$33,574,441
Total liabilities, end of year
$2,993,523
Net assets, end of year
$30,580,918
Land, buildings and equipment
$2,676,201
Net assets without donor restrictions
$30,580,918
Gross receipts
$4,911,057
Employees
10
Volunteers
10
Year formed
1999
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALVERTIS BROOKS JREXECUTIVE DIRECTOR
Officer
40$159,133$18,728
ROBERT WILLIAMSREGIONAL MANAGER OF COMMUNITY PLANNING & DEV.
Highest-paid employee
40$125,981$20,612
ROBERT LUCIANODIRECTOR OF COMMUNITY PLANNING AND DEVELOPMENT
Highest-paid employee
40$116,158$28,268
PAUL PITKINDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$115,500$13,483
ANDREA SHERWOODPORTFOLIO MANAGER
Highest-paid employee
40$106,732$3,551
RICHARD CASSELLBOARD PRESIDENT
Trustee or director, Officer
1$0$0
MANDY LANDABOARD VICE PRESIDENT
Trustee or director, Officer
1$0$0
RUDY CASTILLOTREASURER
Trustee or director, Officer
1$0$0
ROXANNE CHRISTIANSECRETARY
Trustee or director, Officer
1$0$0
CLEODIS FLOYDBOARD MEMBER
Trustee or director
1$0$0
MARLON TURNERBOARD MEMBER
Trustee or director
1$0$0
IBIJOKE IDOWUBOARD MEMBER
Trustee or director
1$0$0
RILEY CORRBOARD MEMBER
Trustee or director
1$0$0
DR TARRA MITCHELLBOARD MEMBER
Trustee or director
1$0$0
LARA MAE D CHOLLETTEBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
BOB LUCIANOEXECUTIVE DIRECTOR (UNTIL SEPT 2024)
Officer
40$160,000$9,070
ALVERTIS BROOKS JREXECUTIVE DIRECTOR
Officer
40$155,000$0
ROBERT WILLIAMSREGIONAL MANAGER OF COMMUNITY PLANNING AND DEVELOP
Highest-paid employee
40$123,000$7,338
ANDREA SHERWOODPORTFOLIO MANAGER
Highest-paid employee
40$111,000$562
PAUL PITKINDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$110,000$0
RICHARD CASSELLBOARD PRESIDENT
Trustee or director, Officer
1$0$0
MANDY LANDABOARD VICE PRESIDENT
Trustee or director, Officer
1$0$0
RUDY CASTILLOTREASURER
Trustee or director, Officer
1$0$0
ROXANNE CHRISTIANSECRETARY
Trustee or director, Officer
1$0$0
CLEODIS FLOYDBOARD MEMBER
Trustee or director
1$0$0
MARLON TURNERBOARD MEMBER
Trustee or director
1$0$0
IBIJOKE IDOWUBOARD MEMBER
Trustee or director
1$0$0
RILEY CORRBOARD MEMBER
Trustee or director
1$0$0
DR TARRA MITCHELLBOARD MEMBER
Trustee or director
1$0$0
LARA MAE D CHOLLETTEBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
BOB LUCIANOEXECUTIVE DIRECTOR
Officer
40$148,667$13,171
ROBERT WILLIAMSLOAN AND PROGRAM OFFICER
Highest-paid employee
40$113,605$9,793
ANDREA SHERWOODPORTFOLIO MANAGER
Highest-paid employee
40$105,505$0
ALVERTIS BROOKSPRESIDENT
Trustee or director, Officer
1$0$0
RICHARD CASSELLVICE PRESIDENT
Trustee or director, Officer
1$0$0
CLEODIS FLOYDSECRETARY
Trustee or director, Officer
1$0$0
MANDY LANDATREASURER
Trustee or director, Officer
1$0$0
RUDY CASTILLODIRECTOR
Trustee or director
1$0$0
MARLON TURNERDIRECTOR
Trustee or director
1$0$0
EFREM FESAHADIRECTOR
Trustee or director
1$0$0
PAUL TUPPERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2802 S MCCLELLAN ST, SEATTLE, WA 98144-5408
Principal officer (990 for 2025)
ALVERTIS BROOKS JR, 2802 SOUTH MCCLELLAN STREET, SEATTLE, WA 98144
Signed the 990
ALVERTIS BROOKS JR, EXECUTIVE DIRECTOR
Phone
(206) 722-5280
Return prepared by
GREENWOOD OHLUND PS

Mission

THE ORGANIZATION SERVES AS A CATALYST FOR ECONOMIC DEVELOPMENT THAT PROMOTES THE DIVERSITY AND LIVABILITY OF THE RAINIER VALLEY AREA OF SOUTHEAST SEATTLE, WASHINGTON.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION (RVCDF) ACTS AS TRUSTEE FOR A REVOLVING LOAN FUND, THE SOUTHEAST SEATTLE COMMUNITY. THE REVOLVING LOAN FUNDS MAY ONLY BE USED FOR COMMUNITY DEVELOPMENT ACTIVITIES IN SPECIFIED AREAS AS DEFINED IN THE TRUST DOCUMENT.IN ADDITION, THE FUND MAINTAINS NON-RESTRICTED FUNDS THAT ENABLE IT TO LEND OUTSIDE OF THE TRUST ZONE, WHICH ARE SECURED THROUGH PARTNERSHIPS WITH BANKING INSTITUTIONS, CITY, STATE, COUNTY, AND FOUNDATION RELATIONSHIPS.
    Expenses $1,373,235 · grants $213,412 · revenue $1,599,291

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
33-1030838
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$33,574,441
Income (IRS master file)
$4,911,057

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,911,057$2,276,543$33,574,441XML
990December 2024$1,848,906$1,687,014$31,454,230XML
990December 2023$1,551,417$1,474,649$31,131,128XML
990December 2022$1,423,079$1,211,935$30,914,014IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-1030838).

Questions about RAINIER VALLEY COMMUNITY DEVELOPMENT FUND

What is the EIN of RAINIER VALLEY COMMUNITY DEVELOPMENT FUND?
The employer identification number (EIN) of RAINIER VALLEY COMMUNITY DEVELOPMENT FUND is 33-1030838.
Is RAINIER VALLEY COMMUNITY DEVELOPMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to RAINIER VALLEY COMMUNITY DEVELOPMENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAINIER VALLEY COMMUNITY DEVELOPMENT FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RAINIER VALLEY COMMUNITY DEVELOPMENT FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAINIER VALLEY COMMUNITY DEVELOPMENT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of RAINIER VALLEY COMMUNITY DEVELOPMENT FUND?
The 990 for the year ended December 31, 2025 names ALVERTIS BROOKS JR.
Who are the officers and directors of RAINIER VALLEY COMMUNITY DEVELOPMENT FUND?
The 990 for the year ended December 31, 2025 lists 15 people; 5 received compensation from the organization, the highest $159,133 (ALVERTIS BROOKS JR, EXECUTIVE DIRECTOR).
How much revenue does RAINIER VALLEY COMMUNITY DEVELOPMENT FUND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,911,057, expenses of $2,276,543 and total assets of $33,574,441 at year end.

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