Verde
- Assets
- $5.2m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 31
- Location
- Portland, OR
- Founding
- 10/2006
- Data as of
- 06/2023
- EIN
- 20-3685723
Organization Overview
Verde is located in Portland, OR. The organization was established in 2006. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2023, Verde employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verde 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 06/2023, Verde generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $3.3m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VERDE SERVES COMMUNITIES BY BUILDING ENVIRONMENTAL WEALTH THROUGH SOCIAL ENTERPRISE, OUTREACH AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VERDE BUILDS: VERDE BUILDS IS A LICENSED AND BONDED COMMERCIAL GENERAL CONTRACTOR LEVEL 2 IN THE STATE OF OREGON. VERDE BUILDS WAS ESTABLISHED TO CREATE CONTRACT OPPORTUNITIES WITH MINORITY-OWNED AND WOMEN-OWNED BUSINESSES AND TO PROVIDE WORKFORCE DEVELOPMENT OPPORTUNITIES FOR PEOPLE WHO COME FROM LOW-INCOME, PEOPLE-OF-COLOR COMMUNITIES WHO ARE OFTEN LEFT OUT OF PORTLANDS GREEN ECONOMY.
ENERGY, CLIMATE & TRANSPORTATION: THE ENERGY, CLIMATE & TRANSPORTATION PROGRAM BUILDS THE POWER OF LOW-INCOME PEOPLE AND PEOPLE OF COLOR THROUGH EDUCATION, GRASSROOTS ORGANIZING, AND POLICY ADVOCACY TO CREATE POLICY AND INVESTMENTS TO BENEFIT LOW-INCOME AND PEOPLE OF COLOR COMMUNITIES. THE PROGRAM FOCUSES ON REDUCING ENERGY COST BURDEN, REDUCING CARBON, AND MAKING MOBILITY A UNIVERSAL RIGHT.
OUTREACH: THE OUTREACH PROGRAM ENGAGES RESIDENTS, PEER ORGANIZATIONS AND POLICYMAKERS ABOUT THE CONNECTION BETWEEN PROTECTING THE ENVIRONMENT AND MAKING A GOOD LIVING, EMPOWERING LOW-INCOME PEOPLE AND PEOPLE OF COLOR TO DRIVE ENVIRONMENTAL RESOURCES INTO THEIR NEIGHBORHOODS IN RESPONSE TO EXISTING NEEDS. THE PROGRAM DELIVERS ENVIRONMENTAL EDUCATION FOR MIDDLE SCHOOL YOUTH OF COLOR AND LEADERSHIP DEVELOPMENT FOR ADULTS (LIDERES VERDES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Avalos Exec. Director | Officer | 40 | $96,538 |
Desiree Williams-Rajee Chair | OfficerTrustee | 1 | $0 |
Sara Lewis Board Secretary | OfficerTrustee | 1 | $0 |
Maggie Reilly Board Treasurer | OfficerTrustee | 1 | $0 |
Andre Bealer Board Member | Trustee | 1 | $0 |
Todd Kimball Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nw Infrastructure Contractor | 6/29/19 | $1,712,567 |
Interlaken Inc Excavation | 6/29/19 | $226,360 |
Blossom Earthworks Irrigation Install | 6/29/19 | $135,234 |
Probity Builder Consulting | 6/29/19 | $137,434 |
Neil Kelly Contractor | 6/29/19 | $140,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,608,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,997,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,605,158 |
| Total Program Service Revenue | $344,715 |
| Investment income | $640 |
| 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 | $3,957,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $112,198 |
| Compensation of current officers, directors, key employees. | $15,552 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,319,019 |
| Pension plan accruals and contributions | $4,601 |
| Other employee benefits | $163,463 |
| Payroll taxes | $119,562 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,333,108 |
| Advertising and promotion | $0 |
| Office expenses | $48,772 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,435 |
| Travel | $10,169 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,062 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,059 |
| Insurance | $13,240 |
| All other expenses | $16,797 |
| Total functional expenses | $3,320,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $804,528 |
| Savings and temporary cash investments | $2,871,573 |
| Pledges and grants receivable | $1,166,195 |
| Accounts receivable, net | $132,579 |
| 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 | $23,575 |
| Net Land, buildings, and equipment | $115,039 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,158 |
| Total assets | $5,163,647 |
| Accounts payable and accrued expenses | $955,175 |
| Grants payable | $0 |
| Deferred revenue | $614,723 |
| 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 | $50,869 |
| Total liabilities | $1,620,767 |
| Net assets without donor restrictions | $2,690,254 |
| Net assets with donor restrictions | $852,626 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,163,647 |