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Nonprofit · EIN 85-2457884

ROCKWOOD MARKET HALL

Tax-exempt · GRESHAM, OR 97030

Financials

$1M$1.8M2023$1.3M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of ROCKWOOD MARKET HALL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,261,951$1,665,884-$403,933$19,390,477$21,437,956-$2,047,479
December 31, 2023990$1,037,480$1,770,908-$733,428$16,941,803$18,585,349-$1,643,546
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$455,876
of which government grants
$455,876
Program service revenue
$806,075
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$82,078
Salaries, compensation and benefits (total)
$91,035
Professional fundraising fees
$0
Legal fees
$340
Accounting fees
$14,075
Occupancy
$229,536
Program services (functional)
$1,640,049
Management and general (functional)
$25,835

Balance sheet and other

Total assets, start of year
$16,941,803
Total assets, end of year
$19,390,477
Total liabilities, end of year
$21,437,956
Net assets, end of year
-$2,047,479
Land, buildings and equipment
$18,450,643
Gross receipts
$1,261,951
Employees
0
Volunteers
3
Year formed
2020
State of legal domicile
OR

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
ERIC SCHMIDTPRESIDENT
Trustee or director
0.5$0
TONY DEFALCOSECRETARY
Trustee or director
0.5$0
ROY KIMTREASURER
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BRIAN MONBERGPRESIDENT
Trustee or director
0.5$0
TONY DEFALCOSECRETARY
Trustee or director
0.5$0
ROY KIMTREASURER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1333 NW EASTMAN PKWY, GRESHAM, OR 97030-3825
In care of
% EMILY BOWER
Principal officer (990 for 2024)
ROY KIM, 1333 NW EASTMAN PKY, GRESHAM, OR 97030
Signed the 990
ROY KIM, AUTHORIZED REP
Phone
(503) 690-2800
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THROUGH THE MANAGEMENT COMPANY, DEVELOP AND OPERATE THE ROCKWOOD MARKET HALL.

990 for the year ended December 31, 2024

Program accomplishments

  • THROUGH THE MANAGEMENT COMPANY, DEVELOP AND OPERATE THE ROCKWOOD MARKET HALL. THE DOWNTOWN ROCKWOOD MARKET HALL IS A WELCOMING OPEN-AIR MARKET FEATURING MICRO-RETAIL AND RESTAURANT SPACES, MICRO-GROCERS, A COMMISSARY KITCHEN, RENTABLE COLD STORAGE, FLAGSHIP FULL-SIZE RESTAURANTS, AND OFFICE SPACE. OUR GOAL IS TO OFFER FRESH, HEALTHY FOOD OPTIONS TO OUR COMMUNITY ALONG WITH OPPORTUNITIES FOR ENTREPRENEURSHIP AND VITALITY.
    Expenses $1,640,049 · revenue $806,075

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2457884
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,390,477
Income (IRS master file)
$1,261,951

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,261,951$1,665,884$19,390,477XML
990December 2023$1,037,480$1,770,908$16,941,803XML
990December 2022$437,227$971,463$12,022,915IRS
990December 2021$0$280,504$10,967,098IRS
990December 2020$161,650$95,377$9,529,663IRS

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 85-2457884).

Questions about ROCKWOOD MARKET HALL

What is the EIN of ROCKWOOD MARKET HALL?
The employer identification number (EIN) of ROCKWOOD MARKET HALL is 85-2457884.
Is ROCKWOOD MARKET HALL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to ROCKWOOD MARKET HALL tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does ROCKWOOD MARKET HALL 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 ROCKWOOD MARKET HALL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROCKWOOD MARKET HALL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ROCKWOOD MARKET HALL?
The 990 for the year ended December 31, 2024 names ROY KIM.
Who are the officers and directors of ROCKWOOD MARKET HALL?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does ROCKWOOD MARKET HALL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,261,951, expenses of $1,665,884 and total assets of $19,390,477 at year end.

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