Columbia Corridor Association
- Assets
- $60.9k
- Revenue
- $241.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Portland, OR
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 93-0930033
Organization Overview
Columbia Corridor Association is located in Portland, OR. The organization was established in 0000. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Columbia Corridor Association employed 3 individuals. Columbia Corridor Association 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 12/2023, Columbia Corridor Association generated $241.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $251.0k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE ECONOMIC PROSPERITY IN THE COLUMBIA CORRIDOR. TO BE THE VOICE AND RESOURCE FOR BUSINESS IN THE COLUMBIA CORRIDOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
-PARTNERED WITH DANISH OFFICIALS FOR A STUDY EXCHANGE DESIGNED TO LOWER CARBON EMISSIONS OF BUSINESS WHILE FINANCIALLY BENEFITING THE BUSINESS INSTEAD OF ACCRUING FEES. -WITH THE NEWLY RESTORED SWAN ISLAND BUSINESS ASSOCIATION, REPAIRED THE GOING STREET OVERCROSSING AFTER A TWO-YEAR DELAY, COMPLETED 6 GARBAGE CLEANUPS AND REMOVED ABANDONED VEHICLES. -AWARDED OUR 7TH EPA CLEAN DIESEL GRANT WITH THE GRANT MONEY GOING TOWARDS PURCHASING NEW CLEAN DIESEL TRUCKS AND SCRAPPING OLD MODELS. 20 COMPANIES HAVE BEEN HELPED IN PURCHASING CLEAN DIESEL TRUCKS. -CONTINUED WORK ON SETTING UP A FREIGHT FRIENDLY DESIGN FOR MARINE DRIVE'S INTERCHANGE. -CONTINUED WORK WITH LOCAL IMPROVEMENT DISTRICT TO HELP DESIGN A BETTER STREET CROSS SECTION FOR N SUTTLE ROAD, TITLED "THE WORST ROAD IN PORTLAND". -CONTINUED TO EDUCATE ELECTED LEADERS OF THE VALUE IN THE INDUSTRIAL SECTOR WHICH PROVIDES MORE FAMILY WAGE JOBS TO COMMUNITIES OF COLOR THAN ANY OTHER SECTOR AND BRIDGES THE MIDDLE WAGE JOB GAP. WORKED ON REGIONAL ECONOMIC DEVELOPMENT CONCEPT, PUTTING MANUFACTURING AT CENTER. -MAINTAINED CLOSE RELATIONSHIP WITH MULTNOMAH COUNTY DRAINAGE DISTRICT AND CONTINUE TO BE ENGAGED THROUGH PRELIMINARY ENGINEERING OF LEVEE IMPROVEMENTS TO THE 27-MILE SYSTEM THAT PROTECTS $7 BILLION OF INFRASTRUCTURE, 7,500 FAMILIES, 2,500 BUSINESSES, 60,000 JOBS, AND OVER 2,000 ACRES OF PARKS AND NATURAL AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Johnson President | OfficerTrustee | 4 | $0 |
Shane Phelps Vice President | OfficerTrustee | 4 | $0 |
Malcolm Hodge Treasurer | OfficerTrustee | 4 | $0 |
Debbie Silva Board Member | Trustee | 2 | $0 |
John Foxwell Board Member | Trustee | 2 | $0 |
Jim Middaugh 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $232,463 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,374 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,851 |
| 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. | $82,572 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,403 |
| Pension plan accruals and contributions | $1,334 |
| Other employee benefits | $640 |
| Payroll taxes | $11,473 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,418 |
| 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 | $5,718 |
| Information technology | $91 |
| Royalties | $0 |
| Occupancy | $10,648 |
| Travel | $3,028 |
| 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 | $3,546 |
| All other expenses | $1,478 |
| Total functional expenses | $250,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,718 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,210 |
| 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 | $19 |
| 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 | $60,947 |
| Accounts payable and accrued expenses | $7,432 |
| Grants payable | $0 |
| Deferred revenue | $44,733 |
| 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 | $52,165 |
| Net assets without donor restrictions | $8,782 |
| 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 | $60,947 |