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Nonprofit · EIN 82-1005719

REINVENT STOCKTON FOUNDATION

Tax-exempt · STOCKTON, CA 95202

Financials

$6.8M$9.8M2023$7.1M$8.7M2024
Revenue Expenses · by fiscal year end
Financials of REINVENT STOCKTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,138,888$8,714,927-$1,576,039$31,112,674$333,442$30,779,232
December 31, 2023990$6,763,777$9,813,500-$3,049,723$34,150,316$482,894$33,667,422
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,339,248
of which government grants
$288,718
Program service revenue
$0
Investment income
$3,799,640
Net gain from sales of assets
$2,816,923
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,665,038
Compensation of officers, directors and key employees
$968,117
Other salaries and wages
$1,434,991
Salaries, compensation and benefits (total)
$2,710,091
Professional fundraising fees
$0
Accounting fees
$165,238
Occupancy
$58,377
Travel
$179,523
Program services (functional)
$7,287,633
Management and general (functional)
$1,006,403
Fundraising (functional)
$420,891

Balance sheet and other

Total assets, start of year
$34,150,316
Total assets, end of year
$31,112,674
Total liabilities, end of year
$333,442
Net assets, end of year
$30,779,232
Publicly traded securities
$18,638,243
Net assets without donor restrictions
$17,604,832
Net assets with donor restrictions
$13,174,400
Gross receipts
$25,817,630
Employees
29
Volunteers
405
Year formed
2017
State of legal domicile
CA

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 / weekCompensationOther / benefits
MICHAEL D TUBBSCHAIR (THRU 06/24)
Trustee or director, Officer
40$215,598$16,253
NIKOLAS HOWARDEXECUTIVE DIRECTOR
Officer
40$200,178$9,000
SAMRA K SUKHJITMGI DIRECTOR
Key employee
40$179,076$7,492
CAMERON BURNSMGI DEPUTY DIRECTOR
Key employee
40$151,864$18,724
ERIKA ALMAZANCHIEF PEOPLE OFFICER
Key employee
40$167,976$956
OMAR ORNELASVICE PRESIDENT OF PROGRAMS
Highest-paid employee
40$119,657$7,546
KATHRINE ANN COGATMGI RESEARCH & PROGRAM OFF
Highest-paid employee
40$116,244$8,880
JEFFERY VONGKEOCORE DIRECTOR OF IMPACT
Highest-paid employee
40$103,217$6,659
CHRISTY WISEVICE-CHAIR
Trustee or director, Officer
2$0$0
CINDY FOSTERDIRECTOR
Trustee or director
2$0$0
MICHAEL P DUFFYDIRECTOR
Trustee or director
2$0$0
CHRISTIE MARCHESEDIRECTOR
Trustee or director
2$0$0
JASMINE DELLAFOSSEDIRECTOR
Trustee or director
2$0$0
BRENNA BUTLER GARCIADIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL D TUBBSCHAIR
Trustee or director, Officer
40$210,713$6,369
NIKOLAS HOWARDEXEC DIRECTOR
Officer
40$195,214$3,637
SAMRA K SUKHJITMGI DIRECTOR
Key employee
40$174,621$6,283
ERIKA ALMAZANCHIEF PEOPLE OFFICER
Highest-paid employee
40$151,304$2,492
CAMERON BURNSMGI DEPUTY DIRECTOR
Highest-paid employee
40$139,416$6,258
CLAUDIA HARODIRECTOR OF OPERATIONS
Highest-paid employee
40$119,788$5,101
KATHRINE ANN COGATMGI RESEARCH & PROGRAM OFFICER
Highest-paid employee
40$107,289$7,043
TIFFANEY BRADLEYSS POSTSECONDARY ACCESS & COMPLETION COODINATOR
Highest-paid employee
40$105,153$6,193
CHRISTY WISEVICE-CHAIR
Trustee or director, Officer
2$0$0
CINDY FOSTERSECRETARY
Trustee or director, Officer
2$0$0
MICHAEL P DUFFYDIRECTOR
Trustee or director
2$0$0
CHISTIE MARCHESEDIRECTOR
Trustee or director
2$0$0
NATALIA ORFANOSDIRECTOR
Trustee or director
2$0$0
JASMINE DELLAFOSSEDIRECTOR
Trustee or director
2$0$0
BRENNA BUTLER GARCIADIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
110 N SAN JOAQUIN ST, STOCKTON, CA 95202-2407
In care of
% LANGE LUNTAO
Principal officer (990 for 2024)
NIK HOWARD, 110 N SAN JOAQUIN STREET, STOCKTON, CA 95202
Signed the 990
NIK HOWARD, EXECUTIVE DIRECTOR
Phone
(209) 259-4997
Return prepared by
BOWMAN & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 82-1005719 or by the name REINVENT STOCKTON FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO ATTRACT OUTSIDE INVESTMENT INTO THE STOCKTON COMMUNITY AND TO INVEST IN COLLECTIVE IMPACT STRATEGIES WITH TANGIBLE OUTCOMES THAT IMPROVE THE QUALITY OF LIFE IN THE CITY OF STOCKTON, CALIFORNIA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE STOCKTON EMPOWERMENT DEMONSTRATION (SEED) WAS BORN OUT OF THE SIMPLE BELIEF THAT THE BEST INVESTMENTS WE CAN MAKE ARE IN OUR PEOPLE. SEED SEEKS TO INVEST IN OUR PEOPLE THROUGH GUARANTEED INCOME GRANTS. THIS INCOME IS UNCONDITIONAL, MEANING THERE ARE NO STRINGS ATTACHED AND NO WORK REQUIREMENTS. A HAND UP, RATHER THAN A HAND OUT, SEED SEEKS TO EMPOWER ITS RECIPIENTS FINANCIALLY AND TO PROVE TO SUPPORTERS AND SKEPTICS ALIKE THAT POVERTY RESULTS FROM A LACK OF CASH, NOT CHARACTER. BUILDING OFF OF SEED AND ROOTED IN DR. MARTIN LUTHER KING'S LEGACY, MAYORS FOR A GUARANTEED INCOME (MGI) IS A NATIONAL NETWORK OF CITY LEADERS UNITED TO ADVOCATE FOR A GUARANTEED INCOME - DIRECT, RECURRING CASH PAYMENTS - THAT LIFTS ALL OF OUR COMMUNITIES, BUILDING A RESILIANT, JUST AMERICA. IN 2024 WE GAVE OUT 3 GUARANTEED INCOME GRANTS AND 30 DIRECT ASSISTANCE PAYMENTS.
    Expenses $4,680,520 · grants $57,925
  • THE STOCKTON SERVICE CORPS (SSC) IS A PROJECT WHICH AIMS TO HARNESS AMERICORPS FELLOWSHIP SERVICE MODELS TO IMPROVE EDUCATIONAL OUTCOMES AND ADDRESS SOCIAL INEQUITIES IN STOCKTON. THE SSC TEAM AT RSF PRIMARILY WORKS TO COORDINATE AMERICORPS HOST ORGANIZATIONS AND COMMUNITY PARTNERS, CONNECT THEM TO RESOURCES, AND FACILITATE PARTNERSHIPS IN ORDER TO CREATE A COMMUNITY OF COLLECTIVE IMPACT.SUMMER OF SERVICE IS A SUMMER INTERNSHIP PROGRAM THAT SUPPORTS COLLEGE STUDENTS AND OTHER YOUNG PEOPLE IN ACCESSING PUBLIC SERVICE OPPORTUNITIES. 7 PEOPLE WERE SERVED IN 2024.
    Expenses $1,653,863 · grants $1,653,863
  • STOCKTON SCHOLARS AIMS TO DRAMATICALLY INCREASE THE NUMBER OF STOCKTON STUDENTS WHO ENTER AND COMPLETE HIGHER EDUCATION WITHIN THE NEXT 10 YEARS. WE PURSUE THIS VISION THROUGH A PLACE-BASED, GUARANTEED SCHOLARSHIP FOR STOCKTON PUBLIC SCHOOL KIDS STARTING WITH THE CLASS OF 2019; TARGETED SUPPORT THROUGH THE COLLEGE APPLICATION PROCESS; AND HOSTING EVENTS AND CAMPAIGNS THAT BUILD A CITY-WIDE COLLEGE-GOING CULTURE, INCLUDING STOCKTON SCHOLARS SIGNING DAY. 1,355 SCHOLARSHIPS WERE AWARDED IN 2024.
    Expenses $953,250 · grants $953,250

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
82-1005719
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$31,112,674
Income (IRS master file)
$25,817,630

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,138,888$8,714,927$31,112,674IRS
990December 2023$6,763,777$9,813,500$34,150,316XML
990December 2022$2,940,636$11,146,892$35,007,499IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 82-1005719).

Questions about REINVENT STOCKTON FOUNDATION

What is the EIN of REINVENT STOCKTON FOUNDATION?
The employer identification number (EIN) of REINVENT STOCKTON FOUNDATION is 82-1005719.
Is REINVENT STOCKTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to REINVENT STOCKTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REINVENT STOCKTON FOUNDATION 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 REINVENT STOCKTON FOUNDATION 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 REINVENT STOCKTON FOUNDATION 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 REINVENT STOCKTON FOUNDATION?
The 990 for the year ended December 31, 2024 names NIK HOWARD.
Who are the officers and directors of REINVENT STOCKTON FOUNDATION?
The 990 for the year ended December 31, 2024 lists 14 people; 8 received compensation from the organization, the highest $215,598 (MICHAEL D TUBBS, CHAIR (THRU 06/24)).
How much revenue does REINVENT STOCKTON FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,138,888, expenses of $8,714,927 and total assets of $31,112,674 at year end.

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