Public Charity

RAINIER VALLEY COMMUNITY DEVELOPMENT FUND

RAINIER VALLEY COMMUNITY DEVELOPMENT FUND, of SEATTLE, WA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.9M in revenue, $2.3M in expenses, $33.6M in total assets. 6 publicly reported grants to this organization, totaling roughly $601K, appear in IRS filings.

EIN: 331030838 SEATTLE, WA Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$4.9M
Total Expenses$2.3M
Total Assets$33.6M
Grant Records6
Funding Total$601K
Filing Years2020–2025

Mission

THE ORGANIZATION SERVES AS A CATALYST FOR ECONOMIC DEVELOPMENT THAT PROMOTES THE DIVERSITY AND LIVABILITY OF THE RAINIER VALLEY AREA OF SOUTHEAST SEATTLE, WASHINGTON.

Where $100 goes at Rainier Valley Community Development Fund

How Rainier Valley Community Development Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$70 Programs the work itself
$28 Management running the organization
$2 Fundraising raising the next dollar

Inside the $70 for programs

$70
The organization (rvcdf) acts as trustee for a revolving loan fund, the southeast Seattle community
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
OPERATING GRANT
$150,000
2025
OPERATING GRANT
$150,000
2024
EMPLOYMENT AND TRAINING
$81,834
2024
PROGRAMMATIC INVESTMENT
$10,000
2020
ADVISED - FOR SUPPORTING SMALL BUSINESS THROUGH MODERNIZING INFRASTRUCTURE FOR REPORTING, EVALUATION, AND LEARNING TO BETTER SUPPORT YOUR LOCAL COMMUNITY.
$200,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR Alvertis Brooks Jr
PORTFOLIO MANAGER Andrea Sherwood
BOARD MEMBER Cleodis Floyd
BOARD MEMBER Dr Tarra Mitchell
BOARD MEMBER Ibijoke Idowu
BOARD MEMBER Lara Mae D Chollette

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$309,400 3 grants
Economic Development
$281,834 2 grants
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.9M $2.3M $33.6M
2024 $1.8M $1.7M $31.5M
2023 $1.6M $1.5M $31.1M
2022 $1.4M $1.2M $30.9M
2020 $1.7M $1.7M $29.3M

Between 2020 and 2025, reported annual revenue grew from $1.7M to $4.9M (+192%), with total assets most recently reported at $33.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RAINIER VALLEY COMMUNITY DEVELOPMENT FUND

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