Public Charity

PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC

Based in PORTLAND, OR, PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC operates as a Public Charity. The organization reported $7.5M in revenue, $7.9M in expenses, $34.9M in total assets for fiscal year 2024. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $676K.

EIN: 931059146 PORTLAND, OR Latest filing: 2024
Total Revenue$7.5M
Total Expenses$7.9M
Total Assets$34.9M
Grant Records22
Funding Total$676K
Filing Years2019–2024

Mission

PRESERVE, EXPAND, AND MANAGE AFFORDABLE HOUSING IN THE CITY OF PORTLAND AND PROVIDE ACCESS TO AND ADVOCACY SERVICES FOR OUR RESIDENTS. CONTINUED ON SCHEDULE O.TO SERVE THE REGION AS AN ADVOCATE FOR LOW-INCOME HOUSING, AS WELL AS LOW-INCOME PROPERTY MANAGER, COMMUNITY DEVELOPER, AND CATALYST FOR USEFUL AND INNOVATIVE COMMUNITY DEVELOPMENT INITIATIVES THAT SUPPORT LOWER INCOME RESIDENTS LIVING PRIMARILY IN NORTHEAST PORTLAND NEIGHBORHOODS.PCRI WILL PRESERVE AND MANAGE AFFORDABLE, HIGH QUALITY, SCATTERED SITE, SINGLE FAMILY HOMES; EXPAND AND MANAGE OUR PORTFOLIO OF SMALL MULTIPLEXES; AND ACQUIRE/DEVELOP MULTI-FAMILY HOUSING TO PRESERVE AFFORDABLE HOUSING CHOICES IN OUR COMMUNITY.

Where $100 goes at Portland Community Reinvestment Initiatives Inc

How Portland Community Reinvestment Initiatives Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$81 Programs the work itself
$18 Management running the organization
$1 Fundraising raising the next dollar

Inside the $81 for programs

$60
Property management
75% of program spending
$19
Supportive programs
23% of program spending · Reported in the filing: 12 youth
$2
Housing development
2% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
PLANNING GRANT
$100,000
2024
Housing Counseling
$17,508
2023
Property purchased for renovation and sale to low and moderate income potential homeowners.
$66,176
2023
FINANCIAL LITERACY/CASE MANAGEMENT
$48,100
2022
Property purchased for renovation and sale to low and moderate income potential homeowners.
$39,000

Showing up to 5 of 22 total records — full history available with membership.

Officers & Directors

DIRECTOR OF PROPERTY MANAG Andrea Debnam
DIRECTOR Andy Corungno
CHAIR Damien Hall
SECRETARY Don Shanklin
VICE CHAIR Eric Hunter
DIRECTOR OF HOUSING DEVELO Jeremy Jostand

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$185,707 9 grants
Education
$124,774 6 grants
Public Safety & Disaster Relief
$120,000 1 grant
Mental Health & Substance Abuse
$75,008 2 grants
Unspecified
$170,176 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.5M $7.9M $34.9M
2023 $8.4M $8.1M $36.4M
2022 $8.8M $8.6M $37.8M
2020 $9.6M $8.5M $38.4M
2019 $5.8M $8.9M $38.9M

Between 2019 and 2024, reported annual revenue grew from $5.8M to $7.5M (+28%), with total assets most recently reported at $34.9M.

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

See the full picture for PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC

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