The Rosewood Initiative
- Assets
- $1.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 13
- Location
- Portland, OR
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 27-3823320
Organization Overview
The Rosewood Initiative is located in Portland, OR. The organization was established in 2012. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Rosewood Initiative employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rosewood Initiative 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 12/2021, Rosewood Initiative generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 24.9% per year over the past 7 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
BUILDING A SAFE, HEALTHY, VIBRANT COMMUNITY WHERE NEIGHBORS THRIVE TOGETHER
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR ACCOMPLISHMENTS THIS YEAR BUILT ON OUR INTIMATE CULTURALLY-SPECIFIC WORK OF THE PREVIOUS YEAR TO CURATE NEIGHBORHOOD-WIDE INITIATIVES THAT ARE INTENTIONAL AND IMPACTFUL IN OUR AREAS OF FOCUS: COMMUNITY BUILDING, HEALTH & WELLNESS, AND ECONOMIC OPPORTUNITY. OUR COMMUNITY HEALTH & WELLNESS WORK TOOK CENTER STAGE WITH WEEKLY VACCINE CLINICS, WRAPAROUND SUPPORT AND HEALTH & WELLNESS FAIRS. WE EXPANDED OUR WORK IN ECONOMIC OPPORTUNITY AND NEIGHBORHOOD-WIDE COMMUNITY BUILDING INITIATIVES WHICH INCLUDED A PLACEMAKING EVENT SERIES, ENGLISH CLASSES, A HOLIDAY MARKET, LEGAL SERVICES DAY AND DIAPER DISTRIBUTION FOR LOCAL FAMILIES. WE SHIFTED OUR FOCUS FROM PIECEMEAL RESOURCE DISTRIBUTION TO BOTH CULTURALLY SPECIFIC AND LARGE-SCALE RESPONSE EFFORTS THAT ARE SUSTAINABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilson Sabrina Executive Director | Officer | 40 | $73,993 |
Galloway Ian Chairman | OfficerTrustee | 2 | $0 |
Bello Jorrel Treasurer | OfficerTrustee | 2 | $0 |
Lewis Laverne Treasurer | OfficerTrustee | 2 | $0 |
Molina Nancy Secretary | OfficerTrustee | 2 | $0 |
Pham Malia Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,051,422 |
| All other contributions, gifts, grants, and similar amounts not included above | $684,835 |
| Noncash contributions included in lines 1a–1f | $119,750 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,736,257 |
| Total Program Service Revenue | $56,485 |
| Investment income | $389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,793,131 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,850 |
| Grants and other assistance to domestic individuals. | $35,909 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,044 |
| Compensation of current officers, directors, key employees. | $12,549 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $357,403 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,022 |
| Payroll taxes | $40,135 |
| Fees for services: Management | $725 |
| Fees for services: Legal | $1,100 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,105 |
| Advertising and promotion | $10,203 |
| Office expenses | $0 |
| Information technology | $17,892 |
| Royalties | $0 |
| Occupancy | $92,245 |
| Travel | $279 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,078 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,446 |
| Insurance | $4,974 |
| All other expenses | $2,265 |
| Total functional expenses | $1,010,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,277,090 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $315,181 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,583 |
| Net Land, buildings, and equipment | $40,720 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,649,574 |
| Accounts payable and accrued expenses | $54,639 |
| 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 | $0 |
| Total liabilities | $54,639 |
| Net assets without donor restrictions | $457,939 |
| Net assets with donor restrictions | $1,136,996 |
| 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 | $1,649,574 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Rosewood Initiative has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Ninety-Nine Girlfriends Portland, OR PURPOSE: CONTINUE TO BUILD SAFE, HEALTHY & VIBRANT COMMUNITY WHERE NEIGHBORS CAN THRIVE TOGETHER AND TO HELP PUT DOWN ROOTS AT NEW LOCATION IN HOPES OF FUTURE OWNERSHIP. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pasadena Center Operating Company Pasadena, CA | $155,500,535 | $24,244,402 |
Friends Of Seattle Waterfront Seattle, WA | $32,295,569 | $18,451,565 |
Community Action Partnership Of Sonoma County Santa Rosa, CA | $6,669,063 | $15,581,119 |
Ideoorg San Francisco, CA | $12,398,491 | $9,854,732 |
Reinvent Stockton Foundation Stockton, CA | $46,832,546 | $19,773,564 |
Yakima County Development Association Yakima, WA | $2,653,869 | $12,280,886 |
Association Of Washington Cities Olympia, WA | $23,978,792 | $13,838,038 |
Project Access Inc Orange, CA | $2,961,540 | $13,042,187 |
East Los Angeles Community Union Los Angeles, CA | $130,392,954 | $16,987,947 |
Gamaliel Of California Santa Rosa, CA | $3,034,268 | $10,017,971 |
Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |