Business For A Better Portland
- Assets
- $117.7k
- Revenue
- $376.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Portland, OR
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 81-4241889
Organization Overview
Business For A Better Portland is located in Portland, OR. The organization was established in 2018. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Business For A Better Portland employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business For A Better Portland is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Business For A Better Portland generated $376.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $307.4k during the year ending 12/2021. While expenses have increased by 16.9% 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
BUSINESS FOR A BETTER PORTLAND MAKES A POSITIVE DIFFERENCE IN THE CITY WE LOVE BY COMBINING THE STRENGTH OF BUSINESS ADVOCACY WITH THE POWER OF TECHNOLOGY AND GRASSROOTS SOCIAL CHANGE. OUR GOAL IS TO INSURE PORTLAND IS AN EQUITABLE CITY WHERE PROSPERITY CAN BE SHARED BY ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BY FORGING COLLABORATIVE RELATIONSHIPS BETWEEN THE BUSINESS COMMUNITY, NON-PROFIT ORGANIZATIONS, AND GOVERNMENT, BUSINESS FOR A BETTER PORTLAND (BBPDX)ADVOCATES FOR A PORTLAND THAT IS EQUITABLE AND PROSPEROUS FOR ALL. BBPDX PROVIDES A PLATFORM FOR BUSINESSES IN PORTLAND, OREGON, TO BECOME EDUCATED ON AND DISCUSS SOCIAL AND POLICY PROBLEMS IMPACTING THEIR BUSINESSES, SUCH AS HOMELESSNESS, TRANSPORTATION, AND HOUSING. BUSINESSES AFFILIATED WITH BBPDX BELIEVE THAT BY ENGAGING ON SOCIAL ISSUES THEY WILL IMPROVE QUALITY OF LIFE FOR PORTLANDERS, WHICH WILL IN TURN PROVIDE A STRONGER CUSTOMER BASE FOR THEIR BUSINESSES. BBPDX COORDINATES MONTHLY POLICY FOCAL POINTS, SUCH AS HOUSING, TRANSPORTATION, AND HOMELESSNESS, TO FACILITATE COLLECTIVE ACTION BY AFFILIATED BUSINESSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Henry Executive Director | Officer | 40 | $89,377 |
Kristi Mcfarland Secretary | OfficerTrustee | 5 | $0 |
Leslie Carlson President | OfficerTrustee | 5 | $0 |
Tom Achor Treasurer | OfficerTrustee | 5 | $0 |
Kristen Cooper Board Member | Trustee | 3 | $0 |
Farhad Ghafarzade Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $256,840 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,784 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $375,923 |
| Total Program Service Revenue | $670 |
| Investment income | $20 |
| 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 | $376,613 |
| 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. | $89,377 |
| Compensation of current officers, directors, key employees. | $5,816 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,724 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,037 |
| Payroll taxes | $11,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,483 |
| Fees for services: Accounting | $23,631 |
| Fees for services: Lobbying | $12,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,021 |
| Advertising and promotion | $1,063 |
| Office expenses | $10,370 |
| Information technology | $4,590 |
| Royalties | $0 |
| Occupancy | $4,210 |
| Travel | $834 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $758 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,392 |
| All other expenses | $12,384 |
| Total functional expenses | $307,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,601 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,116 |
| 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 | $2,030 |
| 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 | $117,747 |
| Accounts payable and accrued expenses | $17,600 |
| Grants payable | $0 |
| Deferred revenue | $1,200 |
| 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 | $18,800 |
| 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 | $98,947 |
| Total liabilities and net assets/fund balances | $117,747 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Business For A Better Portland has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Verizon Foundation Basking Ridge, NJ PURPOSE: CIVIC ACCESS PROGRAM | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Travel And Tourism Commission Sacramento, CA | $86,955,324 | $75,852,594 |
Semi Milpitas, CA | $100,332,447 | $57,588,828 |
San Diego County Capital Asset Leasing Corporation San Diego, CA | $104,250,616 | $41,735,289 |
Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |