2026-08-10T15:18:06-05:00 2025-12-31 910873571 GREENWOOD OHLUND PS 4241 21ST AVE W SUITE 400 SEATTLE WA 98199 990 2025-01-01 331030838 RAINIER VALLEY COMMUNITY DEVELOPMENT FUND RAIN 2067225280 2802 SOUTH MCCLELLAN STREET SEATTLE WA 98144 ALVERTIS BROOKS JR EXECUTIVE DIRECTOR 2067225280 2026-08-07 1 ERIC L KIMPTON P01970440 2067821767 2025 2025-03-06 01:10:19Z ALVERTIS BROOKS JR 2802 SOUTH MCCLELLAN STREET SEATTLE WA 98144 4911057 0 X WWW.RVCDF.ORG X 1999 WA THE ORGANIZATION SERVES AS A CATALYST FOR ECONOMIC DEVELOPMENT THAT PROMOTES THE DIVERSITY AND LIVABILITY OF THE RAINIER VALLEY AREA OF SOUTHEAST SEATTLE, WASHINGTON. 10 10 10 10 0 0 190527 3119726 1530918 1599291 127461 184648 0 7392 1848906 4911057 285126 213412 0 0 777188 1120323 0 0 171132 624700 942808 1687014 2276543 161892 2634514 31454230 33574441 3095189 2993523 28359041 30580918 THE ORGANIZATION SERVES AS A CATALYST FOR ECONOMIC DEVELOPMENT THAT PROMOTES THE DIVERSITY AND LIVABILITY OF THE RAINIER VALLEY AREA OF SOUTHEAST SEATTLE, WASHINGTON. 0 0 1373235 213412 1599291 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. 1373235 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X ALVERTIS BROOKS JR 2067225280 2802 SOUTH MCCLELLAN STREET SEATTLE WA 98144 RICHARD CASSELL BOARD PRESIDENT 1.00 X X 0 0 0 MANDY LANDA BOARD VICE PRESIDENT 1.00 X X 0 0 0 RUDY CASTILLO TREASURER 1.00 X X 0 0 0 ROXANNE CHRISTIAN SECRETARY 1.00 X X 0 0 0 CLEODIS FLOYD BOARD MEMBER 1.00 X 0 0 0 MARLON TURNER BOARD MEMBER 1.00 X 0 0 0 IBIJOKE IDOWU BOARD MEMBER 1.00 X 0 0 0 RILEY CORR BOARD MEMBER 1.00 X 0 0 0 DR TARRA MITCHELL BOARD MEMBER 1.00 X 0 0 0 LARA MAE D CHOLLETTE BOARD MEMBER 1.00 X 0 0 0 ALVERTIS BROOKS JR EXECUTIVE DIRECTOR 40.00 X 159133 0 18728 ROBERT WILLIAMS REGIONAL MANAGER OF COMMUNITY PLANNING & DEV. 40.00 X 125981 0 20612 PAUL PITKIN DIRECTOR OF DEVELOPMENT 40.00 X 115500 0 13483 ANDREA SHERWOOD PORTFOLIO MANAGER 40.00 X 106732 0 3551 ROBERT LUCIANO DIRECTOR OF COMMUNITY PLANNING AND DEVELOPMENT 40.00 X 116158 0 28268 623504 0 84642 5 0 1 0 G3 & ASSOCIATES LLC 8210 S 123RD PLACE SEATTLE WA 98178 PROFESSIONAL CONSULTANT 132292 1 10000 2212947 896779 3119726 LOAN INTEREST 522200 1550745 1550745 LOAN FEES 522200 48546 48546 1599291 184648 184648 5740 0 5740 5740 5740 MISCELLANEOUS INCOME 900099 1652 1652 1652 4911057 1599291 0 192040 X 213412 213412 177861 98555 60681 18625 747517 414209 255032 78276 23703 13134 8087 2482 82572 45754 28171 8647 88670 49133 30252 9285 8993 8993 122408 122408 330429 178491 126172 25766 25004 14253 8251 2500 17128 9763 5652 1713 21558 12288 7114 2156 25851 14735 8531 2585 152318 152318 59790 34080 19731 5979 27557 15707 9094 2756 LENDING COSTS 48839 48839 COMMUNITY MEETINGS 39248 22371 12952 3925 DUES AND SPONSORSHIPS 32291 18406 10656 3229 MISCELLANEOUS 31394 17787 10399 3208 2276543 1373235 732176 171132 150277 185583 4927620 4288979 34498 23810766 25526071 33201 41640 2848177 171976 1796036 2676201 736330 821469 31454230 33574441 236057 107063 80263 207534 2265369 2165426 513500 513500 3095189 2993523 X 28359041 30580918 28359041 30580918 31454230 33574441 X 2634514 -412637 X 0 1 X 1 0 X 1002500 236229 290633 190527 3119726 4839615 1090157 1144324 1164022 1530918 1599291 6528712 2092657 1380553 1454655 1721445 4719017 11368327 0 0 0 11368327 35746 42526 95137 127461 190388 491258 35746 42526 95137 127461 190388 491258 1625 1652 3277 2128403 1423079 1551417 1848906 4911057 11862862 0.95830 0.96030 0.04140 0.03950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128367 128367 2514368 44046 2470322 141252 65076 76176 64190 62854 1336 2676201 4911057 0 4911057 0 4911057 2689180 412637 412637 2276543 0 2276543 PART XII, LINE 2D - OTHER ADJUSTMENTS: LOAN LOSS EXPENSE TO PAGE 12, PART XI, LINE 9: 412,637. 1 GOLDEN TRADE INTERNATIONAL LLC 510 STEVENS AVENUE SW A203 RENTON WA 98057 871255824 15425 0 PROGRAM SUPPORT NORTHWEST BLACK PIONEERS STEERING COMMITTEE 9400 RAINIER AVENUE SOUTH SEATTLE WA 98118 311710945 501(C)(3) 15000 0 PROGRAM SUPPORT ROADSAFE DRIVING ACADEMY LLC 7101 MLK JR WAY S STE 213 SEATTLE WA 98118 473534990 12625 0 PROGRAM SUPPORT THE BREAKFAST GROUP 3722 SOUTH HUDSON STREET SEATTLE WA 98118 911543286 501(C)(3) 12500 0 PROGRAM SUPPORT SEWARD PARK GROCERY AND PET LLC 5370 WILSON AVENUE SOUTH SEATTLE WA 98118 872139734 12150 0 PROGRAM SUPPORT JUDAHREIGN INTL LLC 9099 SEWARD PARK AVE S STE 2 SEATTLE WA 98118 831999345 11900 0 PROGRAM SUPPORT 23RD AVE BREWERY LLC 2313 SOUTH JACKSON STREET SEATTLE WA 98144 851891204 10000 0 PROGRAM SUPPORT DEBONAIR DECOR COUTURE LLC 600 PINE STREET SEATTLE WA 98144 851331286 10000 0 PROGRAM SUPPORT JACK NICKER BREWING COMPANY LLC 5718 RAINIER AVE S SEATTLE WA 98114 453125226 10000 0 PROGRAM SUPPORT BUFFALO SOLDIERS OF SEATTLE 80TH AVENUE SOUTH SEATTLE WA 98178 822793328 501(C)(3) 9375 0 PROGRAM SUPPORT CHAMP BOXING GYM LLC 9460 RAINIER AVENUE SOUTH SEATTLE WA 98118 883644622 9375 0 PROGRAM SUPPORT BOOSH 2301 SOUTH JACKSON STREET SEATTLE WA 98144 535089943 8751 0 PROGRAM SUPPORT BULL STEWART FITNESS LLC 4525 RAINIER AVE S SEATTLE WA 98118 371488010 7900 0 PROGRAM SUPPORT PERCYTHEBARBER LLC 2641 42ND AVENUE SOUTHWEST SEATTLE WA 98116 842030277 7900 0 PROGRAM SUPPORT STR8 UP SMOKING GRILL 2800 MARTIN LUTHER KING JUNIOR WAY EAST SEATTLE WA 98112 392158597 7900 0 PROGRAM SUPPORT LOYAL LAW GROUP PLLC 2312 SOUTH JUNEAU ST SEATTLE WA 98108 852972366 7500 0 PROGRAM SUPPORT LIMENA LLC 4915 RAINIER AVENUE SOUTH SEATTLE WA 98118 822885451 6250 0 PROGRAM SUPPORT DISTINGUISHED FOODS 4611 36TH AVE SW SEATTLE WA 98126 861750100 5900 0 PROGRAM SUPPORT K-LOVE 4 ART LLC 4627 SOUTH HOLLY STREET SEATTLE WA 98118 922953550 5625 0 PROGRAM SUPPORT 3 16 PART I, LINE 2: JOINT AGREEMENT WITH A COMMUNITY NONPROFIT LENDER TO REVIEW GRANT APPLICATIONS FROM UNDERSERVED SMALL BUSINESSES AND DISBURSE FUNDS. FOLLOW UP QUESTIONNAIRES WERE OBTAINED TO DOCUMENT THE USE OF THE GRANT FUNDS. X 0 0 0 0 0 0 0 0 0 ALVERTIS BROOKS JR EXECUTIVE DIRECTOR 133618 0 25515 0 0 0 2155 0 16573 0 177861 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY AND RECUSE HIM/HERSELF FROM VOTING ON ANY DECISIONS REQUIRING BOARD APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A A SALARY SURVEY WAS PERFORMED IN 2012. SUBSEQUENT INCREASES ARE BASED ON ANNUAL COST OF LIVING INCREASES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE POSTED TO THE WEBSITE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 123,980. MANAGEMENT AND GENERAL EXPENSES 94,613. FUNDRAISING EXPENSES 16,203. TOTAL EXPENSES 234,796. CONTRACTOR SERVICES: PROGRAM SERVICE EXPENSES 54,511. MANAGEMENT AND GENERAL EXPENSES 31,559. FUNDRAISING EXPENSES 9,563. TOTAL EXPENSES 95,633. FORM 990, PART XI, LINE 9: LOAN LOSS EXPENSE: -412,637.