Cascade AIDS Project

990 • Fiscal year 2022 • EIN 93-0903383

Jul 01, 2021 to Jun 30, 2022 • Filed on May 10, 2023

Organization Profile WWW.CASCADEAIDS.ORG

520 NW Davis Street Suite 215Portland, OR 97209-3620

(503) 223-5907

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$18,179,436

Up $8,693,700 (+92%) from 2021

Net Assets

$12,381,665

Up $8,201,547 (+196%) from 2021

Liabilities

$5,797,771

Up $492,153 (+9.3%) from 2021

Revenue And Expenses

Revenue

$23,272,865

Up $5,328,813 (+30%) from 2021

Expenses

$22,173,402

Up $5,694,502 (+35%) from 2021

Net Income

Down

$1,099,463

Down $365,689 (-25%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2022

Assets$18,179,436

Liabilities$5,797,771

Net Assets$12,381,665

Open 2022 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2022

Revenue$23,272,865

Expenses$22,173,402

Net Income$1,099,463

Open 2022 Filing

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Filing Snapshot

Filing Period: Jul 1, 2021 to Jun 30, 2022
Signed: May 10, 2023
Return Version: 2021v4.2
Gross Receipts: $23,688,557

Mission and Program Overview

Mission

To prevent hiv infections, support and empower people living with or affected by hiv and eliminate hiv-related stigma and health disparities.

We promote well-being and advance equity by providing inclusive health and wellness services for lgbtq+ people, people affected by hiv, and all those seeking compassionate care.founded in 1983 and incorporated in 1985, cap is the oldest and largest community-based provider of hiv services, housing, education and advocacy in oregon and southwest washington.we believe everyone deserves the opportunity to achieve their best health, and we're committed to making our vision of healthy, includsive & emplowered communities a reality.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$3,487,111	$8,948,497	▲ $5,461,386
Accounts Receivable	$2,663,079	$3,904,605	▲ $1,241,526
Savings and Temporary Cash Investments	$1,950,733	$2,031,463	▲ $80,730
Investments in Publicly Traded Securities	-	$1,601,030	-
Cash and Non-Interest-Bearing Accounts	$745,669	$825,343	▲ $79,674
Pledges and Grants Receivable	$477,799	$532,124	▲ $54,325
Prepaid Expenses and Deferred Charges	$70,939	$245,276	▲ $174,337
Total Assets	$9,485,736	$18,179,436	▲ $8,693,700
Other Assets Total	$90,406	$91,098	▲ $692
Liabilities
Accounts Payable and Accrued Expenses	$1,141,491	$2,385,742	▲ $1,244,251
Mortgage Notes Payable Secured by Investment Property	$2,911,812	$2,108,342	▼ $803,470
Other Liabilities	$796,576	$740,019	▼ $56,557
Deferred Revenue	$455,739	$563,668	▲ $107,929
Total Liabilities	$5,305,618	$5,797,771	▲ $492,153
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$3,022,840	$10,948,095	▲ $7,925,255
Net Assets With Donor Restrictions	$1,157,278	$1,433,570	▲ $276,292
Total Net Assets Fund Balance	$4,180,118	$12,381,665	▲ $8,201,547
Total Liabilities and Net Assets / Fund Balance	$9,485,736	$18,179,436	▲ $8,693,700

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$6,682,442	$444,162	$7,126,604
Leasehold Improvements	$607,415	$750,781	$1,358,196
Land	$720,500	-	$720,500
Equipment	$275,467	$434,201	$709,668
Other Land Buildings	$662,673	-	$662,673

Compensation and Service Providers

Employees

Name	Title	Full / Part Time	Base	Other	Total
Tyler Termeer	Former CEO	FT	$189,122	$14,203	$203,325
John Domingo	CFO	FT	$129,155	$8,455	$137,610
Kristi Addis	COO	FT	$106,273	$11,421	$117,694
Jessy Friedt	CDO	FT	$103,891	$11,987	$115,878

Board Members and Trustees

Name	Title
Karol Collymore	President
William Spigner	Vice President
Andy Jamison-legere	Former Member
Emily Gilliland	Interim CEO
Carl Grub	Member
Daniel Borgen	Member
Daniel Guilfoyle	Member
Eric Garcia	Member
Jeffrey Woodcox	Member
Jordan Olson	Member
Kaydie Satein	Member
Natalia Williams	Member
Rhodes Perry	Member
Tracy Curtis	Member
Kris Young	Member at Large
Miguel Villarreal	Secretary
Edwin Kietzman	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $13,481,674
Program Service Revenue: $9,430,755
Investment Income: $15,528
Other Revenue: $344,908
All Other Contributions: $1,513,341
Change in Net Assets: $1,099,463

Noncash Contribution Practices

Property subject to holding requirements: No
Reviewed unusual noncash gifts: Yes
Third parties used for noncash contributions: Yes

Noncash Contributions

Contribution Type	Contribution Count	Reported Amount	Valuation Method
Works of Art	152	$173,790	Fair Market Value (FMV)
Other Non Cash Contri Table	16	$67,696	Fair Market Value (FMV)
Clothing and Household Goods	-	$59,804	Fair Market Value (FMV)
Other Non Cash Contri Table	4	$22,427	Fair Market Value (FMV)
Total Noncash Contributions	172	$323,717	-

Audited Revenue Reconciliation

Revenue per Audited Statements: $23,272,865
Revenue Not Reported on Financial Statements: $0
Revenue Not Reported on Form 990: $7,124,019
Total Revenue per Audited Statements: $30,396,884
Total Revenue per Form 990: $23,272,865

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Salaries, Compensation, and Employee Benefits	$9,704,734
Other Expenses	$8,866,558
Grants and Similar Amounts Paid	$3,602,110
Total Fundraising Expense	$833,100
Professional Fundraising Fees	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Other Salaries and Wages	$5,953,970	$850,380	$282,365	$7,086,715
Grants to Domestic Individuals	$3,602,110	-	-	$3,602,110
Office Expenses	$3,400,983	$17,819	$2,251	$3,421,053
Other Employee Benefits	$897,889	$167,013	$40,890	$1,105,792
Occupancy	$692,940	$134,933	$45,247	$873,120
Fees for Services Other	$375,427	$412,811	$74,948	$863,186
Current Officers, Directors, Trustees, and Key Employees	$52,257	$441,367	$187,142	$680,766
Payroll Taxes	$518,170	$112,423	$37,832	$668,425
All Other Expenses	$624,935	$-277,198	$91,275	$439,012
Depreciation Depletion	$393,052	$33,305	$6,803	$433,160
Insurance	$205,119	$22,025	$5,981	$233,125
Pension Plan Contributions	$138,761	$18,846	$5,429	$163,036
Other Expenses	$70,261	$56,833	$31,984	$159,078
Advertising	$77,432	$11,531	$3,507	$92,470
Interest	$69,155	$4,844	-	$73,999
Travel	$43,761	$7,312	$315	$51,388
Total Functional Expenses	$19,146,187	$2,194,115	$833,100	$22,173,402

Audited Expense Reconciliation

Line Item	Amount
Total Expenses per Audited Statements	$22,195,337
Expenses per Audited Statements	$22,173,402
Total Expenses per Form 990	$22,173,402
Expenses Not Reported on Form 990	$21,935
Expenses Not Reported on Financial Statements	$0

Fundraising, Events, and Gaming

Fundraising activities: Yes
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Fundraising Gross Income	$760,600
Fundraising Direct Expenses	$415,692
Professional Fundraising Fees	$0

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Art Auction	$760,677	$540,081	$162,992	$377,089
Aids Walk	$233,516	$187,132	$34,370	$152,762
Total Events	$1,043,614	$760,600	$415,692	$344,908

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: Yes
Subject to proxy tax: No

Entity	Location	Activity	Income	Assets	Controller
Cap Belmont LLC	Portland, OR	Holding Company	$305,375	$2,659,803	Cascade Aids Project

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Deferred Rent & Lease Incentive	$740,019

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: Yes
Backup withholding compliance: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: Yes
Other officer compensation reviewed: Yes
Conflict-of-interest policy: Yes
Audited financial statements prepared: Yes
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the organizations finance committee. A copy of the form 990 is received by the governing body at a regularly scheduled board of directors meeting or through e-mail prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization's written conflict of interest policy is reviewed annually by the governing body and all officers, directors, and key employees must annually sign a conflict of interest statement which requires them to disclose any possible conflicts.”

Form 990, Part VI, Section B, Line 15

“The governing body determines the compensation of the executive director by consulting an independent third party and by reviewing comparable data of similar positions in the industry. The governing body and the executive director determine the compensation of the chief financial officer by reviewing comparable data of similar positions in the industry.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available upon request. Financial statements are also available on the organization's website.”

Filing and Contact Details

Filer

Filer Name: Cascade Aids Project
EIN: 93-0903383
Phone: 5032235907
Address: 520 NW DAVIS STREET SUITE 215, PORTLAND, OR 97209-3620

Signing Officer

Name: Emily Gilliland
Title: Interim CEO
Phone: 5032235907
Signed: 2023-05-10
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Emily Gilliland
Formed: 1983
Legal Domicile: Or
Voting Board Members: 15
Independent Board Members: 15
Employees: 150
Volunteers: 155

Preparer

Firm: Hoffman Stewart & Schmidt Pc
Address: 3 CENTERPOINTE DRIVE SUITE 300, LAKE OSWEGO, OR 97035-8663
Preparer: Robert M Prill
Phone: 5032205900

Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Residential care - acquired in 2022, our house of portland provides 24-hour residential care for people living with hiv. During the year ended june 30, 2022, 12 of the 14 rooms were occupied by residents. In addition, our house of portland provides in-home support services to roughly 48 households per year through its neighborhood housing and care program. Furthermore, our house operates a community food pantry, ester's pantry, and a clothing/household good donation site, tod's corner. Over 500 clients utilize these services each month.”

FORM 990, PART XI, LINE 9:

“Increase in net assets from acquisition 7,409,972.”

FORM 990, PART XII, LINE 2C:

“The process for overseeing the audit and the selection of the independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Management believes the organization does not have any uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS: