Oregon Business Council
- Assets
- $205.3k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Portland, OR
- Founding
- 11/1985
- Data as of
- 03/2024
- EIN
- 93-0884244
Organization Overview
Oregon Business Council is located in Portland, OR. The organization was established in 1985. 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 03/2024, Oregon Business Council employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Business Council 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 03/2024, Oregon Business Council generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.2m during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO MOBILIZE BUSINESS LEADERS TO CONTRIBUTE TO OREGON'S QUALITY OF LIFE AND ECONOMIC PROSPERITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TASK FORCE PROJECTS ADDRESS AREAS OF SOCIAL AND ECONOMIC CONCERN, INCLUDING NATURAL RESOURCES, EDUCATION (K-12), HIGHER EDUCATION, PUBLIC FINANCE, AND TRANSPORTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Pope Director | Trustee | 1 | $0 |
Dave Drinkward Vice Chair | OfficerTrustee | 1 | $0 |
Sam Tannahill Director | Trustee | 1 | $0 |
Marv Nelson Director | Trustee | 1 | $0 |
Rodrigo Lopez Director | Trustee | 1 | $0 |
Joth Ricci Chair | OfficerTrustee | 1 | $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 | $121,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,368 |
| Total Program Service Revenue | $1,057,560 |
| Investment income | $3 |
| 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 | $1,198,386 |
| 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. | $294,183 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $296,012 |
| Pension plan accruals and contributions | $54,994 |
| Other employee benefits | $41,557 |
| Payroll taxes | $38,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,326 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $195,953 |
| Advertising and promotion | $0 |
| Office expenses | $30,035 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,838 |
| Travel | $252 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,500 |
| Insurance | $3,084 |
| All other expenses | $0 |
| Total functional expenses | $1,168,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,459 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $163,934 |
| 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 | $8,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $205,323 |
| Accounts payable and accrued expenses | $55,150 |
| 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 | $55,150 |
| Net assets without donor restrictions | $150,173 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $205,323 |