Form 990 for tax year 2023
Filed by PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC.
Totals
- Total revenue
- $8,383,093
- Total expenses
- $8,124,611
- Contributions and grants received
- $2,594,671
- Grants paid
- $733,052
- Program service revenue
- $4,949,465
- Investment income
- $166,308
- Other revenue
- $672,649
- Total assets, end of year
- $36,417,121
- Total liabilities, end of year
- $14,306,838
- Net assets or fund balances, end of year
- $22,110,283
- Program services expenses (Part IX)
- $6,508,754
- Management and general expenses
- $1,532,421
- Fundraising expenses
- $83,436
- Program service expenses (Part III)
- $6,508,754
Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
DAMIEN HALL
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
ERIC HUNTER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JUDY SILKE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
DON SHANKLIN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
ANY CORUNGNO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
REV DR LEROY HAYNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MELVIN BROADOUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KYMBERLY HORNER
EXECUTIVE DIRECTOR
- Total calculated
- $244,996
- From this org
- $222,109
- From related orgs
- $0
- Other
- $22,887
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,109
- Bonus
- $0
- Other
- $0
- Deferred
- $6,534
- Nontaxable benefits
- $16,353
- Filer's total
- $244,996
-
ANDREA DEBNAM
DIRECTOR OF PROPERTY MANAGEMENT & RESIDENT SERVICE
- Total calculated
- $119,496
- From this org
- $108,529
- From related orgs
- $0
- Other
- $10,967
- Hours/week
- 40
-
JEREMY JOSTAND
DIRECTOR OF HOUSING DEVELOPMENT
- Total calculated
- $147,688
- From this org
- $123,006
- From related orgs
- $0
- Other
- $24,682
- Hours/week
- 40
-
MARTIN OLZA
DIRECTOR OF OPERATIONS
- Total calculated
- $136,251
- From this org
- $124,466
- From related orgs
- $0
- Other
- $11,785
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
LOW-INCOME HOUSING · OR · income $0 · assets $0
Directly controlled by PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC
-
LOW-INCOME HOUSING · OR · income $0 · assets $0
Directly controlled by PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC
-
LOW-INCOME HOUSING · OR · income $804,508 · assets $2,185,519
Directly controlled by PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC
-
BEATRICE MORROW COMMERCIAL LLC
LOW-INCOME HOUSING · OR · income $64,258 · assets $1,151,917
Directly controlled by PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC
-
LOW-INCOME HOUSING · OR · income -$126 · assets $634,578
Directly controlled by PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC
-
LOW-INCOME HOUSING · OR · income -$91 · assets $1,039,781
Directly controlled by PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RELATED · LOW-INCOME HOUSING · OR · 0.01% owned · share of income -$126 · share of assets $634,578 · general or managing partner
Directly controlled by PCRI NORTHEAST HOUSING LLC
-
RELATED · LOW-INCOME HOUSING · OR · 0.01% owned · share of income -$91 · share of assets $1,039,781 · general or managing partner
Directly controlled by PCRI NORTHEAST HOUSING 2 LLC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541559349301509
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