EIN 82-1005719

Reinvent Stockton Foundation

IRS 501(c) type
501(c)(3)
Num. employees
24
Year formed
2017
Most recent tax filings
2023-12-01
Description
RSF funds programs and invests in strategies that improve Stockton's quality of life along with unconditional income grants through SEED.
Total revenues
$6,763,777
2023
Total expenses
$9,813,500
2023
Total assets
$34,150,316
2023
Num. employees
24
2023

Program areas at Reinvent Stockton Foundation

The Stockton empowerment demonstration (seed) was born out of the simple belief that the best investments we can make are in our people. Seed seeks to invest in our people through guaranteed income grants. This income is unconditional, meaning there are no strings attached and no work requirements. A hand up, rather than a hand out, seed seeks to empower its recipients financially and to prove to supporters and skeptics alike that poverty results from a lack of cash, not character. Building off of seed and rooted in dr. martin luther king's legacy, mayors for a guaranteed income (mgi) is a national network of city leaders united to advocate for a guaranteed income - direct, recurring cash payments - that lifts all of our communities, building a resiliant, just america. In 2023 we gave out 13 guaranteed income grants.
Stockton scholars aims to dramatically increase the number of Stockton students who enter and complete higher education within the next 10 years. We pursue this vision through a place-based, guaranteed scholarship for Stockton public school kids starting with the class of 2019; targeted support through the college application process; and hosting events and campaigns that build a city-wide college-going culture, including Stockton scholars signing day. 1,513 scholarships were awarded in 2023.
The Stockton service corps (ssc) is a project which aims to harness americorps fellowship service models to improve educational outcomes and address social inequities in Stockton. The ssc team at rsf primarily works to coordinate americorps host organizations and community partners, connect them to resources, and facilitate partnerships in order to create a community of collective impact.summer of service is a summer internship program that supports college students and other young people in accessing public service opportunities. 91 people were served in 2023.

Grants made by Reinvent Stockton Foundation

GranteeGrant descriptionAmount
Little Manila RisingResources To Support Capacity Building Within the Organization$481,275
Restore the DeltaResources To Support Capacity Building Within the Organization$422,343
Community PartnersResources To Support Programming in the Community$251,682
...and 14 more grants made

Who funds Reinvent Stockton Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
James Irvine FoundationTo Support Youth Development in Stockton$4,425,000
Rockefeller FoundationFor Use By Its Mayors for A Guaranteed Income in Support of Increasing Awareness of the Impact of Guaranteed Income on Low-Income Communities in the United States$1,000,000
The Foster Family Charitable FoundationCharitable$284,128
...and 8 more grants received

Personnel at Reinvent Stockton Foundation

NameTitleCompensation
Erika HermosilloChief People Officer
Omar OrnelasVice President of Programs
Nik HowardExecutive Director
Claudia HaroBoard Member
Jorge EspinozaDirector of Operations and Technology Management
...and 5 more key personnel

Financials for Reinvent Stockton Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,899,195
Program services$0
Investment income and dividends$577,384
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$287,198
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,763,777

Form 990s for Reinvent Stockton Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
...and 3 more Form 990s
Data update history
February 14, 2025
Posted financials
Added Form 990 for fiscal year 2023
November 26, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from New Profit
November 20, 2024
Updated personnel
Identified 6 new personnel
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $185,000 from James B McClatchy Foundation (CVF)
July 12, 2024
Received grants
Identified 10 new grant, including a grant for $1,175,000 from Harry & Jeanette Weinberg Foundation
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsLobbyingState / local levelReceives government fundingCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
110 N San Joaquin St
Stockton, CA 95202
Metro area
Stockton, CA
County
San Joaquin County, CA
Website URL
reinventstockton.org/ 
Phone
(209) 259-4997
IRS details
EIN
82-1005719
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0259086
FTB Entity ID
3984615
AB 488 data last updated ("as-of") date
2025-03-05
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