Built Oregon
- Assets
- $916.2k
- Revenue
- $977.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 81-3934437
Organization Overview
Built Oregon is located in Portland, OR. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Built Oregon 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 12/2022, Built Oregon generated $977.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.0% each year . All expenses for the organization totaled $532.0k during the year ending 12/2022. While expenses have increased by 39.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE ENTREPRENEURIAL ACTIVITY AND ENHANCE ECONOMIC REVITALIZATION THROUGHOUT OREGON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PITCH BLACK EVENT 2022 RAISED AND AWARDED MONEY TO HELP BLACK ENTREPRENEURS WITH STARTUP AND PROVIDE A PLATFORM TO CONNECT WITH THE BROADER STARTUP ECOSYSTEM.
MEYER MEMORIAL TRUST RAISED AND AWARDED FUNDS FOR ACCELERATING RACIAL, SOCIAL AND ECONOMIC JUSTICE FOR THE COLLECTIVE WELL-BEING OF OREGON'S LANDS AND PEOPLES.
PITCH LATINX EVENT 2022 RAISED AND AWARDED MONEY TO GIVE LATINO STARTUP ENTREPRENEURS A PLATFORM TO CONNECT WITH THE REGIONS GROWING STARTUP ECOSYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitch Daugherty Chairman | OfficerTrustee | 20 | $70,000 |
Adam Turco Treasurer | OfficerTrustee | 5 | $0 |
Sandy Pressley Director | Trustee | 3 | $0 |
Leslie Mullins Director | Trustee | 2 | $0 |
Kirsten Ringen Director | Trustee | 2 | $0 |
Stephen Green Director | Trustee | 5 | $5,100 |
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 | $924,394 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $924,394 |
| Total Program Service Revenue | $52,846 |
| Investment income | $0 |
| 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 | $977,240 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $184,176 |
| 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. | $75,100 |
| Compensation of current officers, directors, key employees. | $3,900 |
| Compensation to disqualified persons | $131,600 |
| Other salaries and wages | $53,122 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,398 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,606 |
| Office expenses | $3,954 |
| Information technology | $1,630 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $949 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,249 |
| All other expenses | $2,312 |
| Total functional expenses | $532,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $726,589 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $189,650 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $916,239 |
| Accounts payable and accrued expenses | $21,463 |
| 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 | $1,010 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,111 |
| Total liabilities | $39,584 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $876,655 |
| Total liabilities and net assets/fund balances | $916,239 |
Grants Awarded
Over the last fiscal year, Built Oregon has awarded $142,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ABBEY CREEK VINEYARD LLC PURPOSE: TO SUPPORT BUSINESS GROWTH AND EXPANSION IN THE COMMUNITY. | $10,000 |
ADRE LLC PURPOSE: TO SUPPORT BUSINESS GROWTH AND EXPANSION IN THE COMMUNITY. | $50,000 |
CAMP YOSHI PURPOSE: TO SUPPORT BUSINESS GROWTH AND EXPANSION IN THE COMMUNITY. | $20,000 |
HUE NOIR PURPOSE: TO SUPPORT BUSINESS GROWTH AND EXPANSION IN THE COMMUNITY. | $30,500 |
HOUSE DOGGE LLC PURPOSE: TO SUPPORT BUSINESS GROWTH AND EXPANSION IN THE COMMUNITY. | $10,000 |
CYDNIE MARIEE LLC PURPOSE: TO SUPPORT BUSINESS GROWTH AND EXPANSION IN THE COMMUNITY. | $12,000 |