Evolve Workforce & Multifamily Housing Services
- Assets
- $599.9k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Woodburn, OR
- Founding
- 09/2016
- Data as of
- 12/2023
- EIN
- 81-1338641
Organization Overview
Evolve Workforce & Multifamily Housing Services is located in Woodburn, OR. The organization was established in 2016. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Evolve Workforce & Multifamily Housing Services employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evolve Workforce & Multifamily Housing Services 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 12/2023, Evolve Workforce & Multifamily Housing Services generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 12.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A REAL-WORLD TRAINING PLATFORM ENABLING LOW-INCOME INDIVIDUALS AND MINORITIES OF COLOR TO LAUNCH CAREERS IN A GROWING INDUSTRY TO CREATE UPWARD MOBILITY AND PERSONAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVOLVE PROVIDES TRAINING, PAID INTERNSHIPS AND OPPORTUNITIES FOR LOW-INCOME INDIVIDUALS AND COMMUNITIES OF COLOR WHILE PROVIDING EXCEPTIONAL SERVICES IN PROPERTY MANAGEMENT TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Elena Guerra Executive Director | Officer | 1 | $0 |
Wendy Veliz President | OfficerTrustee | 1 | $0 |
Reyna Lopez Vice President | OfficerTrustee | 1 | $0 |
Larry Kleinman Treasurer | OfficerTrustee | 1 | $0 |
Paloma Dale Secretary | OfficerTrustee | 1 | $0 |
Elias Villegas Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,500 |
| Total Program Service Revenue | $1,155,731 |
| Investment income | $4,242 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,500 |
| 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 | $1,371,388 |
| 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. | $108,570 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $235,370 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,309 |
| Payroll taxes | $852,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,273 |
| Advertising and promotion | $3,991 |
| Office expenses | $64,957 |
| Information technology | $12,819 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,742 |
| 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 | $82,529 |
| All other expenses | $3,344 |
| Total functional expenses | $1,505,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $425,959 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $135,198 |
| 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 | $38,772 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $599,929 |
| Accounts payable and accrued expenses | $73,664 |
| 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 | $274,817 |
| Total liabilities | $348,481 |
| Net assets without donor restrictions | $209,860 |
| Net assets with donor restrictions | $41,588 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $599,929 |