Seiu 503 Training Partnership
- Assets
- $26.1m
- Revenue
- $15.0m
- Investments
- $300.0k
- Employees
- 0
- Location
- Portland, OR
- Founding
- Data as of
- 12/2022
- EIN
- 83-6554307
Organization Overview
Seiu 503 Training Partnership is located in Portland, OR. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seiu 503 Training Partnership 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 12/2022, Seiu 503 Training Partnership generated $15.0m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $12.5m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRAINING TO HOMECARE AND PERSONAL SUPPORT WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TRAINING TO HOMECARE AND PERSONAL SUPPORT WORKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Unger Chair | Trustee | 1 | $0 |
Rebecca Sandoval Secretary | Trustee | 1 | $0 |
Joy'e Willman Trustee | Trustee | 1 | $0 |
Tammy Tate Trustee | Trustee | 1 | $0 |
Angela Jelley Trustee | Trustee | 1 | $0 |
Cristal Dejarnac Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rise Partnership Inc Contract Services | 12/30/19 | $392,785 |
Or State Council Seiu Contract Services | 12/30/19 | $151,524 |
Gbao Consulting | 12/30/19 | $103,458 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,563,730 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,563,730 |
| Total Program Service Revenue | $0 |
| Investment income | $460,923 |
| 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 | $15,024,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $7,667,121 |
| Fees for services: Legal | $11,254 |
| Fees for services: Accounting | $10,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $61,281 |
| Fees for services: Other | $159,800 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $8,792 |
| 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 | $29,025 |
| All other expenses | $4,548,192 |
| Total functional expenses | $12,495,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,403,079 |
| Savings and temporary cash investments | $4,551,744 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $707,950 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $19,178,991 |
| Investments—other securities | $300,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,141,764 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $26,141,764 |
| Total liabilities and net assets/fund balances | $26,141,764 |