2017-06-20T17:55:55-05:00 2016-12-31 910605875 Peterson Sullivan LLP CPA'S 601 Union St Ste 2300 Seattle WA 981012345 990 2016-01-01 331030838 Rainier Valley Community Development Fund RAIN 2067225280 6951 Martin Luther King Way No 225 Seattle WA 98118 Wayne Lau Executive Director 2067225280 2017-06-19 1 Matthew R Matson P00120599 2063827777 2017-06-19 38.100.226.178 2017-06-19 17:19:32 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 CE839C90765D207BA4FF6A7219823FD6E7D30A29 2016 2018-03-14 21:41:22Z Wayne Lau 6951 Martin Luther King Way No 225 Seattle WA 98118 2109324 0 X www.rvcdf.org X 1999 WA The organization serves as a catalyst for economic development that promotes the diversity and livability of the Rainier Valley area of Southeast Seattle, Washington. 8 8 5 0 0 0 35518 1061661 856404 1018327 691 28486 3633 850 896246 2109324 0 0 0 0 523673 461938 0 0 0 1249594 424558 1773267 886496 -877021 1222828 24911273 26137328 19529 22756 24891744 26114572 The organization serves as a catalyst for economic development that promotes the diversity and livability of the Rainier Valley area of Southeast Seattle, Washington. 0 0 686087 1018327 The organization (RVCDF) acts as trustee for funds, provided by the City of Seattle which form a revolving loan fund for the benefit of the Rainier Valley community. The funds may only be used for community development activities and in specified areas as defined in the Trust document. In accordance with the terms of this agreement, RVCDF advanced funds approximating $16.1 million for the business and real estate loans in 2016. 15858 RVCDF provides technical assistance to several businesses in the geographic service area in addition to executing financial monitoring services in connection with several loans made during the year. 7625 The organization also provided leadership support to the Rainier Valley Chamber of Commerce, Martin Luther King Business Association, and the Rainier Beach Merchants Association. 709570 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X Nancy Ng 2067225280 6951 Martin Luther King Way No 225 Seattle WA 98118 Doug Cargill President 1.00 X X 0 0 0 Robert S Haynes Treasurer 1.00 X X 0 0 0 David DeBruyn SECRETARY 1.00 X X 0 0 0 Kateesha Atterberry Director 1.00 X 0 0 0 Samuel Kraft Director 1.00 X 0 0 0 Lisa Yoshizumi Director 1.00 X 0 0 0 RODERICK GIVENS DIREctor 1.00 X 0 0 0 Matthew Reese Director 1.00 X 0 0 0 Wayne Lau Executive Director 40.00 X 123977 0 33697 123977 0 33697 1 0 1 0 0 1057161 4500 1061661 Loan Interest 522200 915806 915806 Loan Fees 522200 102521 102521 1018327 28486 28486 MISCELLANEOUS 900099 850 850 850 2109324 1018327 0 29336 157674 112536 45138 221786 158294 63492 11277 8049 3228 39480 28178 11302 31721 22640 9081 750 750 28469 9925 18544 3709 3322 387 20999 17538 3461 11575 11575 29218 21183 8035 4862 4668 194 12208 11987 221 1713 1713 13366 9711 3655 Loan Loss Expense 249345 249345 CONTRACTOR SERVICES 21800 16827 4973 Grant Program Costs 15858 15858 Miscellaneous 10686 7184 3502 886496 709570 176926 0 2649533 519313 1205691 2259177 55774 45048 20233564 23120922 16618 22069 71646 71646 1713 0 748380 170799 24911273 26137328 19529 22756 19529 22756 X 24891744 26114572 24891744 26114572 24911273 26137328 1222828 0 X 0 1 X 1 1 1 X 5855030 5316436 2034409 35518 1061661 14303054 5855030 5316436 2034409 35518 1061661 14303054 14303054 1461 691 28486 30638 3633 850 4483 14338175 4720335 0.99760 0.99950 X Part II, Section B, row 10 Miscellaneous income. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 71646 71646 0 0 2109324 0 2109324 0 2109324 886496 0 886496 0 886496 X 0 0 0 0 0 0 0 0 0 Wayne Lau Executive Director 123977 0 0 0 0 0 7788 0 25909 0 157674 0 0 0 Form 990, Part VI, Section A, line 8b There are no other committees with authority to act on behalf of the board. Form 990, Part VI, Section B, line 11b The finance committee reviews the 990 prior to filing. Form 990, Part VI, Section B, line 12c Board members are required to disclose conflicts of interest annually. Form 990, Part VI, Section B, line 15a A SALARY SURVEY WAS PERFORMED IN 2012. Form 990, Part VI, Section C, line 19 Documents are available upon request.