Rei Cooperative Action Fund
- Assets
- $8.2m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Sumner, WA
- Founding
- Data as of
- 06/2023
- EIN
- 85-4299419
Organization Overview
Rei Cooperative Action Fund is located in Sumner, WA. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rei Cooperative Action Fund 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 06/2023, Rei Cooperative Action Fund generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 74.3% each year . All expenses for the organization totaled $7.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Rei Cooperative Action Fund has awarded 106 individual grants totaling $10,311,704. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ORGANIZATIONS PROMOTING JUSTICE, EQUITY AND BELONGING IN THE OUTDOORS TO STRENGTHEN THE HEALTH AND WELL-BEING OF PEOPLE AND COMMUNITIES. WE BELIEVE THAT TIME OUTSIDE AND OUR CONNECTION TO NATURE IS FUNDAMENTAL TO THE SOCIAL, CULTURAL, ECONOMIC, AND INDIVIDUAL HEALTH AND WELL-BEING OF ALL PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTING PEOPLE OUTSIDE-SUPPORTING ORGANIZATIONS LED BY AND SERVING BLACK COMMUNITIES, INDIGENOUS PEOPLES, PEOPLE OF COLOR, LGBTQ+ COMMUNITY, PEOPLE WITH PHYSICAL DISABILITIES, AND WOMEN THROUGH CONNECTIONS TO THE OUTDOORS. PRIORITIZING ORGANIZATIONS THAT ARE LEVERAGING THE OUTDOORS AS A TOOL FOR EQUITY, HEALING AND JOY, SOCIAL JUSTICE, CIVIC ACTION, YOUTH DEVELOPMENT, OR CREATIVITY.
CREATING SPACE OUTSIDE-INCREASING EQUITABLE ACCESS TO OUTDOOR SPACES AND RECREATION OPPORTUNITIES (PARKS, TRAILS, OPEN SPACES, WATERWAYS). PRIORITIZING COMMUNITY-LED AND NATURAL CLIMATE SOLUTIONS THAT BRING NATURE'S INDIVIDUAL AND ENVIRONMENTAL BENEFITS CLOSER TO HOME FOR MARGINALIZED COMMUNITIES.
CENTERING HEALTH OUTSIDE-INVESTING, STRENGTHENING, AND AMPLIFYING SCIENTIFIC RESEARCH AND SUPPORTING TRADITIONAL ECOLOGICAL KNOWLEDGE THAT DEMONSTRATES TIME SPENT OUTSIDE IMPROVES MENTAL, PHYSICAL, AND EMOTIONAL HEALTH, AS WELL AS RESILIENCE FOR PEOPLE AND COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Ragain Vice President/managing Director | OfficerTrustee | 40 | $0 |
Wilma Wallace General Counsel And Board Chair | OfficerTrustee | 5 | $0 |
Eric Artz Director | Trustee | 1 | $0 |
Caiti Anderson Director Thru 04/23 | Trustee | 1 | $0 |
Dogberto Quintana Director | Trustee | 1 | $0 |
Ben Steele Director From 04/23 | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,304,405 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,076,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,380,641 |
| Total Program Service Revenue | $0 |
| Investment income | $740 |
| 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 | $9,381,381 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,786,120 |
| 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 | $0 |
| Fees for services: Legal | $15,167 |
| Fees for services: Accounting | $24,952 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,462 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $185,621 |
| Advertising and promotion | $4,865 |
| Office expenses | $17,793 |
| Information technology | $133,942 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,088 |
| 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 | $0 |
| All other expenses | $17,755 |
| Total functional expenses | $7,210,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,426 |
| Savings and temporary cash investments | $5,500,740 |
| Pledges and grants receivable | $2,555,369 |
| 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 | $25,061 |
| 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 | $8,243,596 |
| Accounts payable and accrued expenses | $37,064 |
| Grants payable | $1,440,000 |
| 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 | $1,477,064 |
| Net assets without donor restrictions | $6,490,934 |
| Net assets with donor restrictions | $275,598 |
| 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 | $8,243,596 |
Grants Awarded
Over the last fiscal year, Rei Cooperative Action Fund has awarded $6,783,620 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
ADAPTIVE ADVENTURES PURPOSE: GENERAL SUPPORT | $150,000 |
BIKES NOT BOMBS PURPOSE: GENERAL SUPPORT | $100,000 |
BLACK GIRLS DO BIKE PURPOSE: GENERAL SUPPORT | $138,620 |
BLACK GIRLS RUN FOUNDATION PURPOSE: GENERAL SUPPORT | $150,000 |
CENTER FOR NATIVE AMERICAN YOUTH AT THE ASPEN INSTITUTE PURPOSE: GENERAL SUPPORT | $150,000 |
HIKE CLERB INC PURPOSE: GENERAL SUPPORT | $100,000 |