Rebar Industry Advancement Fund is located in Portland, OR. The organization was established in 2011. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rebar Industry Advancement Fund is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Rebar Industry Advancement Fund generated $38.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $40.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES ASSISTANCE IN ENHANCING INDUSTRY ORGANIZATION, DEVELOPMENT, AND ADVANCEMENT OF THE IRON WORKING INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Relyin Union Trustee/co-Chair | 1 | $0 | |
Keith Smith Employer Trustee/co-Chair | 1 | $0 | |
Allan Harding Employer Trustee | 1 | $0 | |
Louie Leon Employer Trustee | 1 | $0 | |
Jose Mendoza Union Trustee | 1 | $0 | |
Cary Newton Employer Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $31,338 |
| Membership dues | $0 |
| Investment income | $3,906 |
| Gain or Loss | $3,190 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,434 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5 |
| Other expenses | $8,243 |
| Total expenses | $40,048 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $277,330 |
| Other assets | $0 |
| Total assets | $281,432 |
| Total liabilities | $4,184 |
| Net assets or fund balances | $277,248 |