RAINIER VALLEY COMMUNITY DEVELOPMENT FUND

EIN: 331030838 501(c)(3) Community Improvement

SEATTLE, WA

Total Revenue
$1,551,417
Total Expenses
$1,474,649
Total Assets
$31,131,128
Net Assets
$28,744,338
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
WA
Principal Officer
BOB LUCIANO
Phone
2067225280
Tax Period
2023-01-01 to 2023-12-31

RAINIER VALLEY COMMUNITY DEVELOPMENT FUND, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 5% surplus.

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $290,633
Program Service Revenue $1,164,022
Investment Income $95,137
Other Revenue $1,625
TOTAL REVENUE $1,551,417

Expense Breakdown

Grants Paid $468,375
Salaries & Benefits $496,541
Fundraising Expenses $0
Program Expenses $1,101,851
Other Expenses $509,733
TOTAL EXPENSES $1,474,649

Year-over-Year Comparison

2023 2022 Change
Revenue $1,551,417 $1,423,079 +0.1%
Expenses $1,474,649 $1,211,935 +0.2%
Net Income $76,768 $211,144 -0.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
5
Volunteers
8

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$161,838
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALVERTIS BROOKS PRESIDENT 1.00
Officer Director
$0 $0 $0
RICHARD CASSELL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CLEODIS FLOYD SECRETARY 1.00
Officer Director
$0 $0 $0
MANDY LANDA TREASURER 1.00
Officer Director
$0 $0 $0
RUDY CASTILLO DIRECTOR 1.00
Director
$0 $0 $0
MARLON TURNER DIRECTOR 1.00
Director
$0 $0 $0
EFREM FESAHA DIRECTOR 1.00
Director
$0 $0 $0
PAUL TUPPER DIRECTOR 1.00
Director
$0 $0 $0
BOB LUCIANO EXECUTIVE DIRECTOR 40.00
Officer
$148,667 $13,171 $161,838
ROBERT WILLIAMS LOAN AND PROGRAM OFFICER 40.00
Highest
$113,605 $9,793 $123,398
ANDREA SHERWOOD PORTFOLIO MANAGER 40.00
Highest
$105,505 $0 $105,505
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,551,417 $1,474,649 $31,131,128 $76,768
2022 $1,423,079 $1,211,935 $30,914,014 $211,144
2021 $2,128,403 $1,158,127 $31,147,402 $970,276
2020 $1,679,497 $1,656,410 $29,332,193 $23,087
2019 $1,290,810 $972,790 $29,237,524 $318,020
2018 $1,666,498 $748,489 $29,437,672 $918,009
Explore More Nonprofits
→Top 100 Nonprofits in Washington →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RAINIER VALLEY COMMUNITY DEVELOPMENT FUND with other nonprofits in Washington and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.