Division-Midway Alliance For Community Improvement
- Assets
- $450.5k
- Revenue
- $728.4k
- Investments
- $0.0
- Employees
- 10
- Location
- Portland, OR
- Founding
- 12/2013
- Data as of
- 06/2021
- EIN
- 46-0889736
Organization Overview
Division-Midway Alliance For Community Improvement is located in Portland, OR. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Division-Midway Alliance For Community Improvement employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Division-Midway Alliance For Community Improvement 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 06/2021, Division-Midway Alliance For Community Improvement generated $728.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $600.6k during the year ending 06/2021. While expenses have increased by 33.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Division-Midway Alliance For Community Improvement has awarded 19 individual grants totaling $198,230. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ECONOMIC DEVELOPMENT RESOURCES FOR SMALL BUSINESS OWNERS IN THE DIVISION MIDWAY NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTACT AND PROVIDE ECONOMIC DEVELOPMENT RESOURCES FOR 135 SMALL BUSINESS OWNERS. PROVIDE SUPPORT FOR REVITALIZATION & NEIGHBORHOOD BEAUTIFICATION PROJECTS, CIVIC FLUENCY CLASSES TO COMMUNITY MEMBERS AND FACILITATE COMMUNITY DISCUSSION. WE PRODUCE AN ANNUAL NEIGHBORHOOD FESTIVAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisha Shrestha Executive Di | Officer | 40 | $72,227 |
Layla Assem Secretary | OfficerTrustee | 2 | $0 |
Leslie Hickcox Treasurer | OfficerTrustee | 2 | $0 |
Anne Downing President | OfficerTrustee | 2 | $0 |
Bill Bruce Director | Trustee | 4 | $0 |
Richard Mitchell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $720,895 |
| Noncash contributions included in lines 1a–1f | $1,050 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $720,895 |
| Total Program Service Revenue | $7,439 |
| Investment income | $111 |
| 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 | $728,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $288,500 |
| 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. | $72,227 |
| Compensation of current officers, directors, key employees. | $22,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,858 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,041 |
| Payroll taxes | $12,998 |
| 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 | $6,606 |
| Advertising and promotion | $64 |
| Office expenses | $9,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $301 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,669 |
| Insurance | $4,748 |
| All other expenses | $7,091 |
| Total functional expenses | $600,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,148 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,610 |
| 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 | $0 |
| Net Land, buildings, and equipment | $24,732 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $450,490 |
| Accounts payable and accrued expenses | $14,863 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $14,863 |
| Net assets without donor restrictions | $276,499 |
| Net assets with donor restrictions | $159,128 |
| 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 | $450,490 |
Grants Awarded
Over the last fiscal year, Division-Midway Alliance For Community Improvement has awarded $172,255 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
PDX NAILS LLC | | | $15,000 |
HAIR CENTRIC LLC | | | $15,000 |
TRAN CHIROPRACTIC CLINIC INC | | | $15,000 |
TNPP ROSIE'S HOUSE OF BEAUTY | | | $15,000 |
MIRNA'S DAYCARE | | | $10,000 |
HEADS UP HAIR SALON | | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Division-Midway Alliance For Community Improvement has recieved totaling $49,700.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Community Dev, Business & Industry | $20,000 |
Worksystems Inc Portland, OR PURPOSE: PROVISION OF WORKFORCE DEVELOPMENT | $9,900 |
Worksystems Inc Portland, OR PURPOSE: PROVISION OF WORKFORCE DEVELOPMENT | $9,900 |
Worksystems Inc Portland, OR PURPOSE: PROVISION OF WORKFORCE DEVELOPMENT | $9,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Convention And Tourist Bureau San Diego, CA | $10,248,135 | $28,266,235 |
Cdc Small Business Finance Corp San Diego, CA | $123,395,668 | $31,738,512 |
Mission Economic Development Agency San Francisco, CA | $193,556,070 | $20,206,962 |
San Francisco Travel Association San Francisco, CA | $17,687,275 | $15,738,684 |
Citadel Economic Development Corporation San Bernardino, CA | $7,215,242 | $16,438,545 |
Spokane Area Workforce Development Council Spokane, WA | $1,735,015 | $9,993,306 |
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
South Central Workforce Development Council Union Gap, WA | $4,276,195 | $7,715,275 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |
Providence Foundation Of San Francisco San Francisco, CA | $2,572,916 | $7,012,697 |