Form 990 for tax year 2025
Filed by SEIU 1021 REDWOOD STREET CORPORATION.
Totals
- Total revenue
- $14,548,468
- Total expenses
- $480
- Contributions and grants received
- $14,445,479
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $102,989
- Total assets, end of year
- $14,781,890
- Total liabilities, end of year
- $233,902
- Net assets or fund balances, end of year
- $14,547,988
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1d · Related organizations
$14,445,479
-
6a · Gross rents
real property $441,364
-
6b · Less rental expenses
real property $338,375
-
6c · Rental income or loss
real property $102,989
-
6d · Net rental income or loss
total $102,989 · related or exempt $102,989
Functional expenses
Part IX, the statement of functional expenses.
-
16 · Occupancy
total $480
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $693,225
-
4 · Accounts receivable
beginning of year $0 · end of year $141,653
-
10a · Land, buildings and equipment: cost or other basis
$14,034,072
-
10b · Land, buildings and equipment: accumulated depreciation
$93,309
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $13,940,763
-
15 · Other assets
beginning of year $0 · end of year $6,249
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $22,134
-
19 · Deferred revenue
beginning of year $0 · end of year $38,484
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $16,505
-
25 · Other liabilities
beginning of year $0 · end of year $156,779
-
27 · Net assets without donor restrictions
beginning of year $0 · end of year $14,547,988
Mission and programs · 2025
Mission
THE SPECIFIC PURPOSE OF THIS CORPORATION IS HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO SEIU LOCAL 1021.
Activities or mission (Part I)
TO HOLD PROPERTY TITLE, COLLECT INCOME & TURN OVER THE AMOUNT, LESS EXPENSES, TO SEIU LOCAL 1021.
-
THE ORGANIZATION HOLDS TITLE TO REAL PROPERTY, COLLECTS RENTAL INCOME, AND PAYS EXPENSES RELATED TO THE OWNERSHIP AND OPERATION OF THE PROPERTY. ANY REMAINING INCOME IS HELD FOR REMITTANCE TO SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 1021 IN ACCORDANCE WITH THE ORGANIZATION'S EXEMPT PURPOSE.
As filed on the 2025 return.
Listed in Part VII
-
Robert LiROBERT LI
PRESIDENT, VICE CHAIR, CEO, & ED
- Total calculated
- $266,230
- From this org
- $0
- From related orgs
- $184,774
- Other
- $81,456
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $178,274 related
- Bonus
- $0
- Other
- $0 + $6,500 related
- Deferred
- $0 + $37,438 related
- Nontaxable benefits
- $0 + $44,018 related
- Filer's total
- $0 + $266,230 related
-
Theresa RutherfordTHERESA RUTHERFORD
CHAIR OF THE BOARD
- Total calculated
- $39,647
- From this org
- $0
- From related orgs
- $23,520
- Other
- $16,127
- Hours/week
- 5 + 60 related
-
Karin HendricksonKARIN HENDRICKSON
TREASURER, CFO
- Total calculated
- $213,703
- From this org
- $0
- From related orgs
- $178,042
- Other
- $35,661
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $167,942 related
- Bonus
- $0
- Other
- $0 + $10,100 related
- Deferred
- $0 + $35,268 related
- Nontaxable benefits
- $0 + $393 related
- Filer's total
- $0 + $213,703 related
-
Rahimullah SaburRAHIMULLAH SABUR
SECRETARY
- Total calculated
- $143,877
- From this org
- $0
- From related orgs
- $98,536
- Other
- $45,341
- Hours/week
- 5 + 40 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
The filer's explanations (Part III)
- PART 1, LINE 3:
- SEIU LOCAL 1021, A RELATED ORGANIZATION OF SEIU 1021 REDWOOD STREET CORPORATION, UTILIZES ITS GOVERNING BOARD TO ESTABLISH THE COMPENSATION OF THE CEO.
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.
-
501(C)(2) · LABOR UNION · CA
-
SEIU LOCAL 1021 INDEPENDENT EXPENDITURE PAC
527 · POLITICAL · CA
Directly controlled by SEIU LOCAL 1021
-
SEIU LOCAL 1021 CANDIDATE PAC
527 · POLITICAL · CA
Directly controlled by SEIU LOCAL 1021
-
CALIFORNIA WORKERS' JUSTICE COALITION
527 · POLITICAL · CA
Directly controlled by SEIU LOCAL 1021
-
CALIFORNIA WORKERS' JUSTICE COALITION ISSUES
501(C)(4) · TO SUPPORT AND OPPOSE BALLOT MEASURES AND ENGAGE IN OTHER LAWFUL ACTIVITIES · CA
Directly controlled by SEIU LOCAL 1021
-
501(C)(2) · TITLE HOLDING COMPANY FOR EXEMPT ORGANIZATION · CA
Directly controlled by SEIU LOCAL 1021
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 25 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202602399349301220
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