Riverbend Properties Inc
- Assets
- $17.1k
- Revenue
- $20.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 08/1982
- Data as of
- 06/2019
- EIN
- 93-0667629
Organization Overview
Riverbend Properties Inc is located in Portland, OR. The organization was established in 1982. According to its NTEE Classification (F11) the organization is classified as: Single Organization Support, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverbend Properties Inc 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 06/2019, Riverbend Properties Inc generated $20.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (50.0%) each year. All expenses for the organization totaled $7.8k during the year ending 06/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCOUNT FOR/MAINTAIN SUPPORT FUNDS NEEDED BY RIVERBEND YOUTH CENTER INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RIVERBEND PROPERTIES INC. ORIGINALLY WAS INCORPORATED AS A SUPPORT ORGANIZATION TO OWN THE REAL AND PERSONAL PROPERTY NEEDED BY RIVERBEND YOUTH CENTER INC. AND OTHER SIMILAR TAX EXEMPT ORGANIZATONS TO CARRY OUT THEIR MISSION. IN FYE JUNE 30, 2018, RIVERBEND PROPERTIES INC. FORGAVE ANY RIGHTS IT HAD TO THE REAL AND PERSONAL PROPERTY IT HAD FORMERLY OWNED AND TRANSFERRED THEM IN THEIR ENTIRETY TO YOUTH VILLAGES OREGON, A NON-PROFIT WHOSE MISSION SUBSTANTIALLY ALIGNS WITH RIVERBEND YOUTH CENTER INC. CURRENTLY IN THE PROCESS OF LIQUIDATING, ALL REMAINING ASSETS OF RIVERBEND PROPERTIES INC. CONTINUE TO BE USED TO FINANCIALLY SUPPORT RIVERBEND YOUTH CENTER INC. IN ITS MISSION TO SUPPORT OTHER SIMILAR ORGANIZATIONS, AND WILL EVENTUALLY BE DISTRIBUTED TO SUCH SIMILAR ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Kalberg President | OfficerTrustee | 2 | $0 |
Mark Robbins Vice President | OfficerTrustee | 0 | $0 |
Lou Lauman Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Alan Beard Director | Trustee | 0 | $0 |
Janelle Baglien Director | Trustee | 0 | $0 |
Kay Abramowitz Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $20 |
| 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 | $20 |
| Statement of Expenses | |
|---|---|
| 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 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 | $0 |
| Fees for services: Accounting | $5,714 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $587 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Total functional expenses | $7,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,082 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,027 |
| Total assets | $17,109 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $13,632 |
| 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 | $13,632 |
| Net assets without donor restrictions | $977 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,500 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,477 |
Grants Awarded
Over the last fiscal year, Riverbend Properties Inc has awarded $1,219,955 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: GENERAL OPERATING SUPPORT | $917,823 |
Portland, OR PURPOSE: GENERAL OPERATING SUPPORT | $145,000 |
Portland, OR PURPOSE: GENERAL OPERATING SUPPORT | $145,000 |
Portland, OR PURPOSE: GENERAL OPERATING SUPPORT | $12,132 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ole Health Nmtc Napa, CA | $28,081,301 | $534,722 |
Ccc Eastside Qalicb Portland, OR | $27,135,005 | $1,719,086 |
Friends Of Recovery Cafe Seattle, WA | $36,226,585 | $1,033,622 |
C F S C Inc Santa Cruz, CA | $9,795,639 | $1,007,611 |
Fresh Start Surgical Gifts Foundation San Diego, CA | $24,371,052 | $4,228,873 |
De Paul Qalicb Inc Portland, OR | $25,966,449 | $1,581,223 |
Transformational Counseling Center Ventura, CA | $73,227 | $478,538 |
Rebirth Homes Riverside, CA | $1,056,683 | $640,806 |
Latah Recovery Center Moscow, ID | $909,150 | $813,503 |
Urban Restoration Counseling Center San Diego, CA | $57,966 | $261,403 |
Helping Others Soar Foundation Chico, CA | $50,391,418 | $11,139,976 |
Minority Psychology Network canyon country, CA | $33,352 | $100,775 |