Built Oregon
- Assets
- $484.9k
- Revenue
- $675.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/2016
- Data as of
- 12/2021
- 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 12/2021, Built Oregon generated $675.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.7% each year . All expenses for the organization totaled $466.5k during the year ending 12/2021. While expenses have increased by 45.0% per year over the past 5 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
2021
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
NIKE DIRECT SUPPORT - PROVIDED STARTUP SUPPORT AND EDUCATIONAL PROGRAMS FOR SMALL COMPANIES IN PORTLAND.
NIKE GEN OPERATING SUPPORT- RAISED FUNDS FOR BIPOC LED BUSINESSES AND DISTRIBUTED FUNDS VIA MICRO GRANTS TO BE USED FOR CASE BY CASE SPECIFIC BUSINESS NEEDS.
MARKETPLACE RESTRICTED- PROVIDED STARTUP SUPPORT CLASSES AND EDUCATIONAL PROGRAMS FOR SMALL COMPANIES IN PORTLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitch Daugherty Chairman | OfficerTrustee | 20 | $68,500 |
Stephen Green Director | Trustee | 5 | $25,000 |
Adam Turco Treasurer | OfficerTrustee | 5 | $0 |
Sandy Pressley Director | Trustee | 3 | $0 |
Kirsten Ringen Director | Trustee | 2 | $0 |
Lori Spencer 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 | $662,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $662,068 |
| Total Program Service Revenue | $13,720 |
| 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 | $675,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,977 |
| 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. | $93,500 |
| Compensation of current officers, directors, key employees. | $86,000 |
| Compensation to disqualified persons | $149,800 |
| Other salaries and wages | $46,264 |
| 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 | $17,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $61,418 |
| Office expenses | $3,862 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $87 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,337 |
| All other expenses | $4,478 |
| Total functional expenses | $466,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $483,107 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $400 |
| 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 | $410 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $484,917 |
| Accounts payable and accrued expenses | $31,786 |
| 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 | $2,091 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,624 |
| Total liabilities | $53,501 |
| 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 | $431,416 |
| Total liabilities and net assets/fund balances | $484,917 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Built Oregon has recieved totaling $117,015.
| Awarding Organization | Amount |
|---|---|
Meyer Memorial Trust Portland, OR PURPOSE: TO INCREASE THE CAPACITY OF PROGRAMS THAT PROVIDE CULTURALLY, COMMUNITY-RELEVANT SUPPORT FOR BLACK-OWNED BUSINESSES, AND DEVELOP METRICS TO DETERMINE COMMUNITY IMPACT | $100,000 |
Oregon Community Foundation Portland, OR PURPOSE: Economic Development | $17,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
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 |