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Nonprofiteer
← CENTRAL EASTSIDE INDUSTRIAL COUNCIL

Form 990 for tax year 2024

Filed by CENTRAL EASTSIDE INDUSTRIAL COUNCIL.

Totals

Total revenue
$828,203
Total expenses
$880,662
Contributions and grants received
$865,391
Grants paid
$58,039
Program service revenue
$0
Investment income
$3,717
Other revenue
-$40,905
Total assets, end of year
$986,458
Total liabilities, end of year
$1,053,607
Net assets or fund balances, end of year
-$67,149
Program services expenses (Part IX)
$712,891
Management and general expenses
$101,174
Fundraising expenses
$66,597
Program service expenses (Part III)
$712,891

Program services were 80.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $50,900

  • 1c · Fundraising events

    $24,000

  • 1e · Government grants (contributions)

    $786,491

  • 1f · All other contributions, gifts and grants

    $4,000

  • 3 · Investment income

    total $3,717 · excluded $3,717

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $1,155

  • 8a · Fundraising events: contributions included on line 1c

    $24,000

  • 8b · Fundraising events: direct expenses

    $42,060

  • 8c · Net income from fundraising events

    total -$40,905

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $58,039 · program services $58,039

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $137,122 · program services $122,039 · management and general $15,083

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $84,669 · program services $67,735 · management and general $8,467 · fundraising $8,467

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $7,084 · program services $5,667 · management and general $709 · fundraising $708

  • 10 · Payroll taxes

    total $20,970 · program services $16,776 · management and general $2,097 · fundraising $2,097

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $1,732 · program services $1,386 · management and general $173 · fundraising $173

  • 11c · Fees: accounting

    total $19,484 · management and general $19,484

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $486,758 · program services $389,406 · management and general $48,677 · fundraising $48,675

  • 12 · Advertising and promotion

    total $25,670 · program services $20,536 · management and general $2,567 · fundraising $2,567

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $9,942 · program services $7,954 · management and general $994 · fundraising $994

  • 17 · Travel

    total $4,413 · program services $3,530 · management and general $442 · fundraising $441

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $1,832 · program services $1,466 · management and general $183 · fundraising $183

  • 24a · Other expenses: SOFTWARE

    total $8,784 · program services $7,027 · management and general $879 · fundraising $878

  • 24b · Other expenses: SUPPLIES

    total $3,706 · program services $2,965 · management and general $371 · fundraising $370

  • 24c · Other expenses: Postage and Shipping

    total $2,630 · program services $2,104 · management and general $263 · fundraising $263

  • 24d · Other expenses: EQUIPMENT, MATERIALS, SUPPLIES

    total $2,408 · program services $1,926 · management and general $241 · fundraising $241

  • 24e · All other expenses

    total $5,419 · program services $4,335 · management and general $544 · fundraising $540

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $728,147 · end of year $226,205

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $198,394 · end of year $753,041

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,000 · end of year $7,211

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $1

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,665 · end of year $13,995

  • 25 · Other liabilities

    beginning of year $921,259 · end of year $1,039,612

  • 27 · Net assets without donor restrictions

    beginning of year -$28,583 · end of year -$67,149

  • 28 · Net assets with donor restrictions

    beginning of year $14,200

Mission and programs · 2024

Mission

OUR MISSION IS TO SERVE THE BUSINESS INTERESTS OF OUR MEMBERS BY ADVOCATING FOR A VIBRANT, SAFE, PROSPEROUS AND WELCOMING CENTRAL EASTSIDE INDUSTRIAL DISTRICT.

  • ADVOCACY AND COMMUNITY ENGAGEMENT:CEIC advocates for member businesses on issues impacting operations and the vitality of the Central Eastside. Activities include direct engagement with elected officials, public forums, site walks, quarterly meetings, and networking events.PARKING AND CURB MANAGEMENT:Under contract with PBOT, CEIC manages the Central Eastside Parking District, assisting businesses with curb management and administering the permit program.COMMUTER PASS PROGRAM:CEIC provides subsidized TriMet passes to businesses and residents. Participants pay $17 per pass, with CEIC underwriting approximately $100 per pass, promoting affordable and sustainable commuting.

    Expenses $712,891 · Grants $58,039

As filed on the 2024 return.

Listed in Part VII

  • Carolyne Holcomb

    Executive Dir.

    Total calculated
    $137,122
    From this org
    $130,000
    From related orgs
    $0
    Other
    $7,122
    Hours/week
    40
  • Jonathan Malsin

    President

    Total calculated
    $0
    Hours/week
    2
  • Angie Garcia

    Vice President

    Total calculated
    $0
    Hours/week
    2
  • Todd Deneffe

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Damien Francaviglia

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Maylin Brennan

    Director

    Total calculated
    $0
    Hours/week
    1
  • Emily Stutzman

    Director

    Total calculated
    $0
    Hours/week
    1
  • Nicole Burrell

    Director

    Total calculated
    $0
    Hours/week
    1
  • Peter Finley Fry

    Director

    Total calculated
    $0
    Hours/week
    1
  • Art Fortuna

    Director

    Total calculated
    $0
    Hours/week
    1
  • Adam Zucker

    TPAC CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Eric Cress

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Dzienis

    Director

    Total calculated
    $0
    Hours/week
    1
  • David Gutierrez

    Director

    Total calculated
    $0
    Hours/week
    1
  • Patrick Leonard

    Director

    Total calculated
    $0
    Hours/week
    1
  • Darren Marshall

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dave Otte

    Director

    Total calculated
    $0
    Hours/week
    1
  • Andrew Proctor

    Director

    Total calculated
    $0
    Hours/week
    1
  • Will Short

    Director

    Total calculated
    $0
    Hours/week
    1
  • Keith Schuman

    Director

    Total calculated
    $0
    Hours/week
    1
  • Joe Storm

    Director

    Total calculated
    $0
    Hours/week
    1
  • Todd Woodruff

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 April 2026
IRS schema version
2024v5.2
Source object
202601039349301960

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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