2024-11-15T15:46:38-06:00 2023-12-31 930900579 MCDONALD JACOBS PC 121 SW SALMON ST STE 1100 PORTLAND OR 97204 990 2023-01-01 823733402 ALBINA VISION TRUST INC ALBI 5034546375 PO BOX 5124 PORTLAND OR 97208 WINTA YOHANNES EXECUTIVE DIRECTOR 5034546375 2024-11-15 1 0 SANG AHN P00540880 5032270581 2023 2024-10-15 13:58:12Z WINTA YOHANNES PO BOX 5124 PORTLAND OR 97208 4875890 0 X WWW.ALBINAVISION.ORG X 2017 OR ALBINA VISION TRUST, INC (AVT) IS FACILITATING THE REINVENTION OF 94 ACRES IN PORTLAND'S ALBINA AREA, FROM WHICH THOUSANDS OF PRIMARILY AFRICAN AMERICAN RESIDENTS WERE DISPLACED OVER DECADES OF URBAN RENEWAL. AVT'S MISSION IS TO SPUR THE CREATION OF AN INNOVATIVE AND REMARKABLE PLACE THAT IS DIVERSE, INCLUSIVE, AFFORDABLE, AND ACCESSIBLE. AVT IS COMMITTED TO HEALING PAST HARM, AMPLIFYING UNDERREPRESENTED VOICES AND SETTING A PRECEDENT FOR INNOVATIVE COMMUNITY RENEWAL. 5 5 4 6 0 0 1688953 3058443 1400 1773771 2652 3933 0 39743 1693005 4875890 150000 0 0 0 132729 265257 0 0 156968 260437 531814 543166 797071 1149839 4078819 3422640 7914363 655799 1068703 2766841 6845660 X ALBINA VISION TRUST, INC (AVT) IS FACILITATING THE REINVENTION OF 94 ACRES IN PORTLAND'S ALBINA AREA, FROM WHICH THOUSANDS OF PRIMARILY AFRICAN AMERICAN RESIDENTS WERE DISPLACED OVER DECADES OF URBAN RENEWAL. AVT'S MISSION IS TO SPUR THE CREATION OF AN INNOVATIVE AND REMARKABLE PLACE THAT IS DIVERSE, INCLUSIVE, AFFORDABLE, AND ACCESSIBLE. AVT IS COMMITTED TO HEALING PAST HARM, AMPLIFYING UNDERREPRESENTED VOICES AND SETTING A PRECEDENT FOR INNOVATIVE COMMUNITY RENEWAL. 0 0 406126 1773771 ALBINA VISION TRUST'S PROGRAM SERVICES INCLUDE COMMUNITY ENGAGEMENT, PLANNING AND REAL ESTATE TO SPUR THE CREATION OF AN INNOVATIVE AND REMARKABLE PLACE THAT IS DIVERSE, INCLUSIVE, AFFORDABLE, AND ACCESSIBLE. 406126 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 7 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 OR X TIFFANY VERGARA 5038094805 PO BOX 5124 PORTLAND OR 97208 WINTA YOHANNES EXECUTIVE DIRECTOR 40.00 X 123065 0 6000 MICHAEL ALEXANDER CHAIRPERSON 10.00 X X 0 0 0 GREGG KANTOR TREASURER 10.00 X X 0 0 0 TOM CODY SECRETARY 10.00 X X 0 0 0 RUKAIYAH ADAMS AT LARGE 10.00 X 0 0 0 ZARI SANTNER AT LARGE 10.00 X 0 0 0 123065 0 6000 1 0 0 0 0 478904 2579539 1970000 3058443 DEVELOPMENT FEE 900099 1703823 1703823 INTEREST INCOME FROM L 900099 69948 69948 1773771 3933 3933 MISCELLANEOUS REVENUE 900099 39743 39743 39743 4875890 1773771 0 43676 X 129064 54305 32127 42632 99629 41920 24800 32909 14627 6154 3641 4832 21937 9230 5461 7246 44177 25840 16677 1660 256633 150109 96883 9641 33000 13885 8215 10900 32984 32984 EVENT AND SPONSORSHIP 90692 68884 21808 OTHER OPERATING COSTS 49379 2815 37364 9200 DEVELOPMENT AND COMMUNI 24949 8809 16140 797071 406126 233977 156968 1881950 1464232 40337 482351 2486686 6000 23915 267844 0 267844 3119387 1494353 69948 3422640 7914363 405799 68703 250000 1000000 655799 1068703 X 2026246 6744161 740595 101499 2766841 6845660 3422640 7914363 4078819 0 X X 0 1 X 1 0 X 208040 266268 2273025 1688953 3058443 7494729 208040 266268 2273025 1688953 3058443 7494729 3385445 4109284 679 2652 3933 7264 815 2850 2650 39743 46058 7548051 1811409 0.54440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 797071 797071 144561 36140 0 0 76534 134654 110225 144561 465974 698961 5000 7500 12500 19134 33664 27556 36140 116494 174741 2500 2500 155441 155441 112403 112403 267844 INVESTMENT IN ALBINAONE LP 3119387 C 3119387 X PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC X LAND 1 1970000 APPRAISAL 1 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALBINA VISION TRUST REQUIRES ALL BOARD MEMBERS TO ANNUALLY DISCLOSE THEIR BUSINESS INVOLVEMENT WITH ALBINA VISION TRUST, IF ANY. THEY ALSO REQUIRE THAT TRANSACTIONS BENEFITTING A BOARD MEMBER MUST BE APPROVED UNANIMOUSLY, EXCLUDING THE BENEFITTED BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF CEOS, EXECUTIVE DIRECTORS, AND TOP MANAGEMENT IN THE AREA IS REVIEWED AND REPORTED TO THE BOARD TO DETERMINE AND APPROVE SALARY INCREASES. THE BOARD APPROVES THE BUDGET WHICH INCLUDES SALARY INCREASES FOR ALL STAFF INCLUDING THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALBINA VISION TRUST MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 102,109. MANAGEMENT AND GENERAL EXPENSES 79,338. FUNDRAISING EXPENSES 9,641. TOTAL EXPENSES 191,088. PROJECT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 48,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,000. STRATEGIC PLANNING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,545. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,545. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. ALBINA ONE GL LLC 240 N BROADWAY SUITE 116 PORTLAND OR 97227 823733402 REAL PROPERTY DEVELOPMENT OR 0 3119387 ALBINA VISION TRUST ALBINA ONE LIMITED PARTNERSHIP 240 N BROADWAY SUITE 116 PORTLAND OR 97227 923490294 REAL PROPERTY DEVELOPMENT OR N/A RELATED 3119387 0 0 0.00010 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0