PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC

As filed

Subsection

03

NTEE code

Z99Z

Classification

1000

Street

6329 NE MARTIN LUTHER KING BLV

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 · 2024

• PROPERTY MANAGEMENT - PROPERTY MANAGEMENT REPRESENTS THAT PART OF THE ORGANIZATION RESPONSIBLE FOR MAINTAINING THE INTEGRITY OF THE ORGANIZATION'S PHYSICAL ASSETS AND THE DAY-TO-DAY MANAGEMENT OF RENTAL OPERATIONS. ACTIVITIES INCLUDE THE PROCESSING OF APPLICATIONS FOR HOUSING, LEASING AVAILABLE UNITS, COLLECTION OF RENT, AND MONITORING COURT PROCESSES RELATING TO LEASE VIOLATIONS. PROPERTY MANAGEMENT ALSO OVERSEES THE PHYSICAL MAINTENANCE OF PORTLAND COMMUNITY REINVESTMENT INITIATIVES' ("PCRI") PROPERTIES. THIS INCLUDES REFURBISHMENT OF VACANT UNITS AND EMERGENCY, ROUTINE, AND PREVENTATIVE MAINTENANCE.

  Expenses $4,624,968 · Revenue $5,003,019

• SUPPORTIVE PROGRAMS - PCRI'S SUPPORTIVE PROGRAMS PROVIDE A FULL ARRAY OF CULTURALLY-SPECIFIC SERVICES TO RESIDENTS. OVER THE COURSE OF OUR 20 PLUS-YEAR HISTORY, PCRI HAS ESTABLISHED THOUSANDS OF FAMILIES BY PROVIDING THEM WITH AFFORDABLE RENTAL HOUSING AND ASSET BUILDING PROGRAMS AND SERVICES. HOMEBUYER EDUCATION AND COUNSELING - THIS PROGRAM PROVIDES HOMEBUYER COUNSELING AND EDUCATION TO LOW- TO MODERATE-INCOME, FIRST-TIME HOMEBUYER OUR COMPREHENSIVE PROGRAM INCLUDES INDIVIDUAL COUNSELING, FINANCIAL EDUCATION, PEER HOMEBUYER CLUB MEETINGS, DOWN PAYMENT OR CLOSING COST ASSISTANCE, AND HUD-CERTIFIED HOMEBUYER EDUCATION. SERVICES ARE DELIVERED IN BOTH ONE-ON-ONE AND GROUP SETTINGS.HOMEOWNERSHIP RETENTION - THIS PROGRAM PROVIDES AN ARRAY OF SERVICES TO HELP LOW- TO MODERATE-INCOME HOMEOWNERS AGED 55 AND OVER MAINTAIN OWNERSHIP. SERVICES INCLUDE POST-PURCHASE COUNSELING, LOSS MITIGATION COUNSELING, INFORMATION AND REFERRALS, FINANCIAL EDUCATION, TAX-DEFERMENT ASSISTANCE, AND URGENT HOME REPAIRS. WE ALSO OFFER A WIDE ARRAY OF CLASSES AND WORKSHOP ON TOPICS SUCH AS PREVENTATIVE MAINTENANCE, ELDER FRAUD, AND ESTATE PLANNING.FINANCIAL EDUCATION - THIS PROGRAM IS DESIGNED TO HELP PARTICIPANTS MANAGE THEIR PERSONAL FINANCES EFFECTIVELY AND MAKE WISE FINANCIAL DECISIONS. OUR PROGRAM ASSISTS CLIENTS WITH ESTABLISHING PERSONAL BUDGETS, EVALUATING DEBT LOADS, SETTING FINANCIAL GOALS, AND DEVELOPING A PLAN OF ACTION. SERVICES ARE DELIVERED IN BOTH ONE-ON-ONE AND GROUP SETTINGS.INDIVIDUAL DEVELOPMENT ACCOUNTS (IDA) - IN PARTNERSHIP WITH CASA OF OREGON, PCRI RESIDENTS CAN PARTICIPATE IN A 3-TO-1 MATCHED SAVINGS PROGRAM DESIGNED TO HELP FAMILIES DEVELOP THE HABIT OF SAVING. SAVINGS GOALS CAN BE IN ONE OF FOUR AREAS: HOMEOWNERSHIP, HOME REPAIR, SMALL BUSINESS DEVELOPMENT, OR EDUCATION.CAREER DEVELOPMENT - OUR CAREER DEVELOPMENT PROGRAM PROVIDES ASSISTANCE WITH JOB SEARCHING, RESUME WRITING, AND INTERVIEW PREPARATION. WE OFFER CLASSES AND WORKSHOPS IN ENGLISH LANGUAGE LEARNING, BASIC COMPUTER SKILLS, FINANCIAL EDUCATION, AND SOFT SKILLS FOR THE WORKPLACE. WE ALSO OFFER SOME TRANSPORTATION ASSISTANCE AND CHILDCARE DURING INTERVIEWS. SERVICES ARE DELIVERED IN BOTH ONE-ON-ONE AND GROUP SETTINGS.YOUTH DEVELOPMENT - OUR YOUTH PROGRAM OFFERS EDUCATIONAL AND ARTS ENRICHMENT ACTIVITIES TO K-12 YOUTH. ACTIVITIES INCLUDE AFTER-SCHOOL TUTORING, SUMMER ARTS AND HEALTH CAMPS, COMMUNITY GARDENING AND NUTRITION CLASSES, YOUTH FINANCIAL EDUCATION WORKSHOPS, SUMMER INTERNSHIPS, AND MANY OTHER SUPPLEMENTAL ACTIVITIES FOR YOUTH AND FAMILIES.THE PROGRAMS DEPARTMENT HAS BEEN VERY SUCCESSFUL IN HELPING FULFILL THE PCRI VISION OF PROVIDING AFFORDABLE HOUSING AND ASSOCIATED SERVICES THAT ACHIEVE FAMILY STABILITY, SELF-SUFFICIENCY, AND RESIDENT WEALTH CREATION.

  Expenses $1,425,003 · Grants $514,168

• HOUSING DEVELOPMENT - HOUSING DEVELOPMENT REPRESENTS THE ADMINISTRATION AND MANAGEMENT OF ALL NEW CONSTRUCTION PROJECTS FOR PCRI ACTIVITIES INCLUDING FEASABILITY ANALYSES OF POTENTIAL DEVELOPMENT PROJECTS, PRODUCTION AND ASSEMBLY OF FUNDING APPLICATIONS, SELECTION AND COORDINATION OF DEVELOPMENT TEAM MEMBERS, ADMINISTRATION OF CONSTRUCTION DRAWS, AND THE PROVISION OF DUE DILIGENCE DOCUMENTATION FOR LENDERS AND FUNDERS.

  Expenses $132,890

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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

• 2024

  Revenue

  $7,467,296

  Expenses

  $7,866,925

  Contributions

  $823,098

  Grants paid

  $514,168

• 2023

  Revenue

  $8,383,093

  Expenses

  $8,124,611

  Contributions

  $2,594,671

  Grants paid

  $733,052

• 2022

  Revenue

  $8,839,541

  Expenses

  $8,552,071

  Contributions

  $2,233,202

  Grants paid

  $260,571

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.

Other returns filed

• 2021 · 990

  Revenue

  $7,550,357

  Expenses

  $8,244,450

  Assets (EOY)

  $37,093,919

• 2020 · 990

  Revenue

  $9,561,756

  Expenses

  $8,503,862

  Assets (EOY)

  $38,378,942

• 2019 · 990

  Revenue

  $5,827,679

  Expenses

  $8,925,397

  Assets (EOY)

  $38,937,670

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• 1803 FUND

  $100,000

  2024 · PLANNING GRANT

• HOMEFREE USA INC

  $66,176

  2023 · Property purchased for renovation and sale to low and moderate income potential homeowners.

• COMMUNITY AND SHELTER ASSIST CORP

  $48,100

  2023 · FINANCIAL LITERACY/CASE MANAGEMENT

• HOMEFREE USA INC

  $39,000

  2022 · Property purchased for renovation and sale to low and moderate income potential homeowners.

• HOMEFREE USA INC

  $17,508

  2024 · Housing Counseling

• COMMUNITY AND SHELTER ASSIST CORP

  $11,700

  2022 · FINANCIAL LITERACY/CASE MANAGEMENT

• OREGON ASSOCIATION OF REALTORS HOME FOUNDATION

  $3,000

  2022 · CHARITABLE

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.

Other IRS files