Skip to content
Nonprofiteer
← RAINBOW HOUSING CORPORATION

Form 990 for tax year 2022

Filed by RAINBOW HOUSING CORPORATION.

Totals

Total revenue
$333,515
Total expenses
$303,243
Contributions and grants received
$106,363
Grants paid
$0
Program service revenue
$204,320
Investment income
$22,832
Other revenue
$0
Total assets, end of year
$3,688,247
Total liabilities, end of year
$927,547
Net assets or fund balances, end of year
$2,760,700
Program services expenses (Part IX)
$303,243
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$303,243

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BARRY M SIMON

    PRESIDENT &

    Total calculated
    $307,221
    From this org
    $0
    From related orgs
    $256,380
    Other
    $50,841

    Schedule J breakdown matched by us

    Base
    not reported + $255,635 related
    Bonus
    not reported + $745 related
    Other
    not reported
    Deferred
    not reported + $24,447 related
    Nontaxable benefits
    not reported + $26,394 related
    Filer's total
    not reported + $307,221 related

  • CHRISTINE D LEIBY

    TREASURER &

    Total calculated
    $215,222
    From this org
    $0
    From related orgs
    $186,142
    Other
    $29,080

    Schedule J breakdown matched by us

    Base
    not reported + $185,397 related
    Bonus
    not reported + $745 related
    Other
    not reported
    Deferred
    not reported + $9,541 related
    Nontaxable benefits
    not reported + $19,539 related
    Filer's total
    not reported + $215,222 related

  • DANIEL E OSBORNE

    CEO-GILEAD

    Total calculated
    $207,672
    From this org
    $0
    From related orgs
    $199,681
    Other
    $7,991
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $199,681 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $7,836 related
    Nontaxable benefits
    not reported + $155 related
    Filer's total
    not reported + $207,672 related

  • GAYLE WINTJEN

    SECRETARY &

    Total calculated
    $183,893
    From this org
    $0
    From related orgs
    $149,618
    Other
    $34,275

    Schedule J breakdown matched by us

    Base
    not reported + $148,873 related
    Bonus
    not reported + $745 related
    Other
    not reported
    Deferred
    not reported + $7,881 related
    Nontaxable benefits
    not reported + $26,394 related
    Filer's total
    not reported + $183,893 related

  • LUCY MCMILLIAN

    SECRETARY &

    Total calculated
    $180,757
    From this org
    $0
    From related orgs
    $148,460
    Other
    $32,297
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $148,460 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $5,878 related
    Nontaxable benefits
    not reported + $26,419 related
    Filer's total
    not reported + $180,757 related

  • JUSTIN SALVIO

    COO

    Total calculated
    $138,486
    From this org
    $0
    From related orgs
    $107,596
    Other
    $30,890
    Hours/week
    0 + 40 related

  • RICHARD HANDEL

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • LAURA PATEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • RUSS HASSMANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • CATHY BOONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • MICHAEL HANNAH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • PAUL ZAKARIAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

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

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3
THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF GILEAD COMMUNITY SERVICES, A RELATED 501(C)(3), NEGOTIATES THE SALARY OF TOP OFFICIALS AND RECOMMENDS THE APPROVAL OF THE SALARIES TO THE FULL BOARD. THE PROCESS INCLUDES THE REVIEW OF COMPARATIVE DATA INCLUDING AN INDUSTRY SALARY SURVEY. COMPENSATION OF THE PRESIDENT AND CEO FROM THE CONNECTICUT INSTITUTE FOR THE BLIND, INC., GILEAD AND RAINBOW'S SOLE MEMBER, IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FROM THIS RELATED 501(C)(3), WHICH RELIES UPON COMPARATIVE DATA, THE AMOUNT OF STATE FUNDING AND OTHER FINANCIAL RESOURCES. AN INDEPENDENT CONTRACTOR WAS RETAINED TO PROVIDE THE COMPARATIVE DATA.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202431369349309383

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

The source document this was parsed from is served over the API, which is where bulk and document access live.