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WILLIAMS & RUSSELL CDC

EIN 86-3566788 PORTLAND, OR

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Revenue 2025
$30,753,344
Expenses 2025
$1,069,057

Program services were 55.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S20
Classification
1000
Street
5019 NE 21ST AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

THE WILLIAMS AND RUSSELL DEVELOPMENT CORPORATION'S MISSION IS TO CREATE AN ENERGETIC COMMUNITY THAT SUPPORTS THE ECONOMIC AND COMMUNITY GROWTH OF BLACK PORTLANDERS. THROUGH THE DEVELOPMENT OF HIGH-QUALITY TOWNHOMES AND APARTMENTS AND AN ENERGETIC BUSINESS AND COMMUNITY HUB.

  • COMMUNITY DEVELOPMENT & REPARATIVE DEVELOPMENT FRAMEWORK:IN 2025, WILLIAMS & RUSSELL CDC COMPLETED AN $11.4 MILLION ENVIRONMENTAL REMEDIATION PROJECT, REMOVING 40,000+ TONS OF SOIL FROM THE HILL BLOCK FOLLOWING ITS TRANSFER FROM LEGACY HEALTH. THE ORGANIZATION HOSTED A PUBLIC GROUNDBREAKING WITH 100+ ATTENDEES, INCLUDING OREGON GOVERNOR TINA KOTEK, ENGAGED 15+ ELECTED OFFICIALS THROUGH LEGISLATIVE TESTIMONY AND SITE TOURS, AND PRESENTED ITS REPARATIVE DEVELOPMENT FRAMEWORK AT HARVARD, COUNCIL FOR URBAN VERTICALISM IN TORONTO, AND TWO CANADIAN UNIVERSITIES, REACHING 125+ STUDENTS AND PRACTITIONERS.

    Expenses $561,817 · Grants $17,425

  • HOMEOWNERSHIP 20-UNIT TOWNHOME PROJECT:WILLIAMS & RUSSELL CDC ACHIEVED FULL CAPITALIZATION OF ITS 20-UNIT TOWNHOME PROJECT IN 2025, THE FIRST HILL BLOCK COMPONENT FULLY FUNDED AND READY FOR CONSTRUCTION. DESIGNED TO CREATE EQUITY-BUILDING OWNERSHIP OPPORTUNITIES FOR DISPLACED BLACK PORTLANDERS, THE PROJECT ENGAGED 43 PROSPECTIVE HOMEOWNERS THROUGH OUTREACH AND PRE-QUALIFICATION. FUNDING SOURCES INCLUDE OHCS, PROSPER PORTLAND, PCEF, MEYER MEMORIAL TRUST, AND THE FEDERAL HOME LOAN BANK. CONSTRUCTION BEGINS 2026; COMPLETION PROJECTED Q2 2027.

    Expenses $22,703

  • BLACK BUSINESS HUB:WILLIAMS & RUSSELL CDC COMPLETED BUSINESS HUB DESIGN AND ADVANCED STATE FUNDING EFFORTS IN 2025, ENGAGING 23 ANCHOR TENANTS AND 24 RETAIL PROSPECTS. THE ORGANIZATION TESTIFIED BEFORE OREGON'S WAYS & MEANS COMMITTEE IN SUPPORT OF SENATE BILL 1110. LEGISLATIVE ADVOCACY DURING THE INTERIM SECURED REPRESENTATIVE TAWNA SANCHEZ AS THE 2026 SESSION CHAMPION AND SENATE MAJORITY LEADER JAMA'S DESIGNATION OF THE HUB AS A TOP FUNDING PRIORITY.

    Expenses $12,752

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Jt Flowers

    CHAIR

    Total calculated
    $0
    Hours/week
    10
  • Karis Stoudmire Phillips

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    10
  • Justice Rajee

    SECRETARY

    Total calculated
    $0
    Hours/week
    10
  • Tai Dunson-Strain

    TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Dana Shepard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10
  • James Faison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10
  • Anthony Deloney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10
  • Ebony Amato

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10
  • Azalea Renfield

    EXECUTIVE DIRECTOR

    Total calculated
    $181,696
    From this org
    $175,089
    From related orgs
    $0
    Other
    $6,607
    Hours/week
    100

    Schedule J breakdown matched by us

    Base
    $175,089
    Bonus
    $0
    Other
    $0
    Deferred
    $6,607
    Nontaxable benefits
    $0
    Filer's total
    $181,696

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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $30,753,344
    Expenses
    $1,069,057
    Contributions
    $28,682,215
    Grants paid
    $17,425
  • 2024
    Revenue
    $3,628,806
    Expenses
    $1,831,396
    Contributions
    $3,627,367
    Grants paid
    $1,145,854
  • 2023
    Revenue
    $1,125,111
    Expenses
    $126,241
    Contributions
    $1,049,047
    Grants paid
    $50,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Form 990-N e-Postcard, tax year 2022

Tax period
1 January 2022 to 31 December 2022
Principal officer
Azalea Renfield
Mailing address
1000 SW BROADWAY STE 1400PORTLAND OR 972053066
Website
www.williamsrussellcdc.org

As filed, from the IRS e-Postcard file of 9 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

Where these grants went next →

Grants received

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2025 return

  • WR HOMES KNOTT STREET LLC

    AFFORDABLE HOUSING · OR · income $27,282 · assets $3,477,050

  • BLACK BUSINESS HUB LLC

    AFFORDABLE HOUSING · OR · income $1,935,438 · assets $12,337,675

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.