Cedarsinai Park Foundation
- Assets
- $11.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 10/2004
- Data as of
- 06/2021
- EIN
- 04-3774565
Organization Overview
Cedarsinai Park Foundation is located in Portland, OR. The organization was established in 2004. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedarsinai Park Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Cedarsinai Park Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $2.3m during the year ending 06/2021. While expenses have increased by 15.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE AND INVEST FUNDS IN ORDER TO PROVIDE FINANCIAL ASSISTANCE TO THE ROBISON JEWISH HOME, AN OREGON NONPROFIT CORPORATION PROVIDING ELDER CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL ASSISTANCE TO ROBISON JEWISH HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivan Gold Vice Chair | OfficerTrustee | 1 | $0 |
Elise Brickner-Schulz Chair | OfficerTrustee | 2 | $0 |
Jeff Reingold Secretary | OfficerTrustee | 1 | $0 |
Kathleen Thompson CFO | Officer | 1 | $0 |
Kimberly Fuson CEO | Officer | 1 | $0 |
Julie Stewart Prior CFO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $518,550 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,269,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,788,301 |
| Total Program Service Revenue | $0 |
| Investment income | $253,001 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $120,888 |
| Net Income from Fundraising Events | -$18,833 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,143,357 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,917,911 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,818 |
| Fees for services: Other | $285,759 |
| Advertising and promotion | $47,519 |
| Office expenses | $17,055 |
| Information technology | $8,291 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,001 |
| All other expenses | $1,332 |
| Total functional expenses | $2,331,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,207 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,459 |
| Accounts receivable, net | $162,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,266,966 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,824,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $222,927 |
| Total assets | $11,831,059 |
| Accounts payable and accrued expenses | $24,736 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,206,307 |
| Total liabilities | $1,231,043 |
| Net assets without donor restrictions | -$972,234 |
| Net assets with donor restrictions | $11,572,250 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,831,059 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedarsinai Park Foundation has recieved totaling $399,853.
| Awarding Organization | Amount |
|---|---|
Robison Jewish Home Portland, OR PURPOSE: FORGIVENESS OF DEBT | $399,853 |
Endowment Analysis
| Beg. Balance | $10,895,445 |
| Earnings | $595,898 |
| Admin Expense | $46,817 |
| Net Contributions | $394,486 |
| Other Expense | $252,204 |
| Grants | $148,414 |
| Ending Balance | $11,438,394 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Senior Living Group San Francisco, CA | $2,756,319 | $9,175,842 |
Mmm East Inc San Francisco, CA | $118,949,023 | $7,931,673 |
Covia Foundation Glendale, CA | $0 | $7,791,148 |
Housing Promise Corporation Los Angeles, CA | $717,273 | $717,273 |
Claremont Investment Management Company Claremont, CA | $1,000 | $4,500,473 |
Bridge Community Impact San Francisco, CA | $8,316,284 | $4,579,229 |
Cedarsinai Park Foundation Portland, OR | $11,831,059 | $2,143,357 |
Bethany Center Foundation Of San Francisco Walnut Creek, CA | $0 | $0 |
Lighthouse Mission Ministries Foundation Bellingham, WA | $10,813,523 | $868,092 |
Nhs Community Services Llc Boise, ID | $2,590,667 | $1,243,874 |
Rhf Holdings Group Inc Long Beach, CA | $23,097,923 | $3,748,331 |
Lchs Foundation Inc Livingston, CA | $19,439,813 | $1,009,991 |