Seaport Industrial Association

Nonprofit profile at a glance

EIN
582676159
IRS 990-EZ coverage
2020–2023
Forms available
Form 990-EZ 2023
Location
Portland, OR, USA
Phone
5108131155
Rating
37
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$81,609
Expenses
$89,842
Assets
$7,119
Liabilities
$2,417

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • KYLE HEIDEBRINK (PRESIDENT)

People named in this filing

  • KYLE HEIDEBRINK (PRESIDENT)
  • PAT MAPELLI (TREASURER)
  • CONNOR REVAY (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Seaport industrial association exists to participate in city planning, area development, and freight rail planning to work on modernizing and investing in redwood city for the long term.

What it reported doing in 2023

Participating in freight rail planning meetings

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.3%; rating input score 2
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -10.1%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.3% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: -30.5% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 2.3% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.