Light Collective Inc
- Assets
- $120.7k
- Revenue
- $278.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Eugene, OR
- Founding
- Data as of
- 12/2023
- EIN
- 84-1739777
Organization Overview
Light Collective Inc is located in Eugene, OR. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Collective Inc 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 12/2023, Light Collective Inc generated $278.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 45.7% each year . All expenses for the organization totaled $247.7k during the year ending 12/2023. 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
THE LIGHT COLLECTIVE'S MISSION IS TO ADVANCE THE RIGHTS INTERESTS AND VOICES OF PATIENT COMMUNITIES IN HEALTH TECHNOLOGY THROUGH EDUCATION ADVOCACY COALITION-BUILDING AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATED PATIENT COMMUNITIES ABOUT DIGITAL RIGHTS AND COLLECTIVE GOVERNANCE THROUGH TOWN HALLS ONE ON ONE MEETINGS TRAININGS, WEBINARS CONFERENCE PRESENTATIONS SOCIAL MEDIA AND OTHER RESOURCES.
DEVELOPED STANDARDS AND GUIDES FOR DIGITAL RIGHTS AND COLLECTIVE COMMUNITY GOVERNANCE OF DATA ASSETS.
ADVOCATED FOR DIGITAL RIGHTS AND COLLECTIVE GOVERNANCE THROUGH COALITION BUILDING; ESTABLISHED EDUCATED AND ORGANIZED COALITIONS OF PATIENT ADVOCACY ORGANIZATIONS AROUND DIGITAL RIGHTS; JOINTLY CONDUCTED RESEARCH; PARTNERED WITH OTHER STAKEHOLDERS TO DISSEMINATE FINDINGS; AND ADVOCATED FOR PATIENT RIGHTS AND AGENCY IN HEALTH TECHNOLOGY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Downing President | OfficerTrustee | 45 | $85,680 |
Michael Mittelman Secretary | OfficerTrustee | 2 | $0 |
Jill Holdren Acting Board Treasurer | OfficerTrustee | 20 | $41,000 |
Valencia Robinson Board Member | Trustee | 28 | $67,500 |
Christine Von Raesfeld Board Member | Trustee | 4 | $0 |
Muhammed Chebli Board Member | 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 | $278,002 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,002 |
| Total Program Service Revenue | $0 |
| 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 | $278,002 |
| 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. | $194,180 |
| Compensation of current officers, directors, key employees. | $19,180 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,000 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,742 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,935 |
| 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 | $892 |
| All other expenses | $0 |
| Total functional expenses | $247,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,699 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $120,699 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $120,699 |
| 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 | $120,699 |