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Nonprofit · EIN 46-5544340

REGIONAL ACCELERATOR & INNOVATION NETWORK

Also known as MARC MANLEY

Tax-exempt · WILSONVILLE, OR 97070

Financials

$1.9M$1.8M2022$1.1M$1.5M2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of REGIONAL ACCELERATOR & INNOVATION NETWORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,190,903$1,209,827-$18,924$471,151$55,600$415,551
June 30, 2024990$1,068,006$1,500,432-$432,426$518,461$68,953$449,508
June 30, 2023990$1,860,613$1,795,046$65,567$1,040,298$158,364$881,934
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,157,303
of which government grants
$898,104
Program service revenue
$33,600
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$33,673
Compensation of officers, directors and key employees
$155,172
Other salaries and wages
$30,000
Salaries, compensation and benefits (total)
$196,644
Professional fundraising fees
$8,483
Legal fees
$2,039
Accounting fees
$120,926
Travel
$68,148
Program services (functional)
$939,695
Management and general (functional)
$242,412
Fundraising (functional)
$27,720

Balance sheet and other

Total assets, start of year
$518,461
Total assets, end of year
$471,151
Total liabilities, end of year
$55,600
Net assets, end of year
$415,551
Net assets without donor restrictions
$267,135
Net assets with donor restrictions
$148,416
Gross receipts
$1,190,903
Employees
0
Volunteers
18
Year formed
2014
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RACHEL JAGODA BRUNETTECHIEF EXECUTIVE OFFICER
Officer
50$130,958
JUAN BARRAZAPRESIDENT
Trustee or director, Officer
1.25$0
KATRINA HULLVICE PRESIDENT
Trustee or director, Officer
0.75$0
ARTEES VANNETTTREASURER
Trustee or director, Officer
0.5$0
ROBERT GABLESECRETARY
Trustee or director
0.5$0
RANJIT GHOSHALDIRECTOR
Trustee or director
0.33$0
TANYA MORRISDIRECTOR
Trustee or director
0.33$0
ADENOLA OSINUBIDIRECTOR
Trustee or director
0.33$0
ERIN REYNOLDSDIRECTOR
Trustee or director
0.33$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
CAROLINE CUMMINGSCEO (THROUGH FEB 2024)
Officer
50$168,000
RACHEL JAGODA BRUNETTECEO (AS OF MARCH 2024)
Officer
50$0
JUAN BARRAZAPRESIDENT
Trustee or director, Officer
1.25$0
KATRINA HULLVICE PRESIDENT
Trustee or director, Officer
0.75$0
ARTEES VANNETTTREASURER
Trustee or director, Officer
0.5$0
DR IFZAL AHMADDIRECTOR
Trustee or director
0.33$0
ROBERT GABLEDIRECTOR
Trustee or director
0.5$0
RANJIT GHOSHALDIRECTOR
Trustee or director
0.33$0
ALICIA LEDUC MONTGOMERYDIRECTOR
Trustee or director
0.33$0
TANYA MORRISDIRECTOR
Trustee or director
0.33$0
ADENOLA OSINUBIDIRECTOR
Trustee or director
0.33$0
ERIN REYNOLDSDIRECTOR
Trustee or director
0.33$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
CAROLINE CUMMINGSCEO
Officer
50$151,200
JUAN BARRAZAPRESIDENT
Trustee or director, Officer
1.25$0
KATRINA HULLVICE PRESIDE
Trustee or director, Officer
0.75$0
ALICIA LEDUC MONTGOMERYTREASURER
Trustee or director, Officer
0.5$0
ROBERT GABLESECRETARY
Trustee or director, Officer
0.5$0
DR IFZAL AHMADDIRECTOR
Trustee or director
0.33$0
RANJIT GHOSHALDIRECTOR
Trustee or director
0.33$0
TANYA MORRISDIRECTOR
Trustee or director
0.33$0
ADENOLA OSINUBIDIRECTOR
Trustee or director
0.33$0
ERIN REYNOLDSDIRECTOR
Trustee or director
0.33$0
ARTEES VANNETTDIRECTOR
Trustee or director
0.33$0

Address and contacts

Address (IRS master file)
PO BOX 1734, WILSONVILLE, OR 97070-1734
Principal officer (990 for 2024)
RACHEL JAGODA BRUNETTE, PO BOX 1734, WILSONVILLE, OR 97070
Signed the 990
TOM WIEDERRECHT, FINANCE DIRECTOR
Phone
(503) 310-4219

Mission

RAINS MISSION IS TO SUPPORT INSPIRE AND EMPOWER RURAL AND UNDERREPRESENTED ENTREPRENEURS INNOVATORS AND SMALL BUSINESS OWNERS TO BUILD INCLUSIVE PROSPERITY IN OUR COMMUNITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • ENTREPRENEURSHIP NAVIGATION - RAIN PROVIDES 1:1 MENTORING BUSINESS ACCELERATORS NETWORKING EVENTS PUB TALKS AND MEETUPS FOR ENTREPRENEURS FROM UNDERSERVED POPULATIONS AND RURAL COMMUNITIES. WE FOSTER COLLABORATION BY BRINGING ENTREPRENEURS TOGETHER TO LEARN GROW AND THRIVE WITH EACH OTHER.
    Expenses $607,021 · grants $3,250 · revenue $33,600
  • CAPITAL CHALLENGE: BUILD TO SCALE - RAIN FORMED STRATEGIC PARTNERSHIPS TO ACCELERATE INCLUSIVE REGIONAL ENTREPRENEURIAL ECOSYSTEMS AND INNOVATION ECONOMIES THROUGH COMMUNITY-BASED EVENTS EDUCATIONAL WORKSHOPS AND A COLLABORATIVE NETWORK OF PARTNERS & STAKEHOLDERS AIMED AT GETTING THE REGIONS TECHNOLOGY STARTUPS FUND-READY AND CONNECTING THEM TO VENTURE CAPITAL INVESTORS.
    Expenses $219,517 · grants $6,925
  • INCUBATORS FOR PAKISTANI WOMEN ENTREPRENEURS - RAIN PARTNERED WITH BAHRIA UNIVERSITY ISLAMABAD AND COMSATS UNIVERSITY ISLAMABAD TO BOOST CAPACITY AT THEIR EXISTING INCUBATORS TO SERVE MORE WOMEN DEVELOPED AN INCUBATOR FOR WOMEN AT FATIMA JINNAH WOMEN UNIVERSITY AND FACILITATED A WEEK-LONG EXCHANGE PROGRAM FOR WOMEN ENTREPRENEURS AND FACULTY MEMBERS FROM THE UNIVERSITY PARTNERS.
    Expenses $113,157 · grants $27,498

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-5544340
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
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$471,151
Income (IRS master file)
$1,190,903

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,190,903$1,209,827$471,151IRS
990June 2024$1,068,006$1,500,432$518,461IRS
990June 2023$1,860,613$1,795,046$1,040,298XML
990June 2022$1,539,645$1,097,169$836,093IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 46-5544340).

Questions about REGIONAL ACCELERATOR & INNOVATION NETWORK

What is the EIN of REGIONAL ACCELERATOR & INNOVATION NETWORK?
The employer identification number (EIN) of REGIONAL ACCELERATOR & INNOVATION NETWORK is 46-5544340.
Is REGIONAL ACCELERATOR & INNOVATION NETWORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to REGIONAL ACCELERATOR & INNOVATION NETWORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REGIONAL ACCELERATOR & INNOVATION NETWORK 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 REGIONAL ACCELERATOR & INNOVATION NETWORK due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REGIONAL ACCELERATOR & INNOVATION NETWORK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of REGIONAL ACCELERATOR & INNOVATION NETWORK?
The 990 for the year ended June 30, 2025 names RACHEL JAGODA BRUNETTE.
Who are the officers and directors of REGIONAL ACCELERATOR & INNOVATION NETWORK?
The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $130,958 (RACHEL JAGODA BRUNETTE, CHIEF EXECUTIVE OFFICER).
How much revenue does REGIONAL ACCELERATOR & INNOVATION NETWORK have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,190,903, expenses of $1,209,827 and total assets of $471,151 at year end.

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