Oregon Pride In Business
- Assets
- $86.8k
- Revenue
- $165.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Portland, OR
- Founding
- 01/1993
- Data as of
- 12/2023
- EIN
- 93-1094891
Organization Overview
Oregon Pride In Business is located in Portland, OR. The organization was established in 1993. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Oregon Pride In Business employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Pride In Business 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, Oregon Pride In Business generated $165.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.5% each year . All expenses for the organization totaled $124.4k during the year ending 12/2023. While expenses have increased by 49.4% per year over the past 4 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
BE AN LGBTQ+ CHAMBER OF COMMERCE THAT SUPPORTS AN ECONOMICALLY EMPOWERED OREGON LGBTQ+ BUSINESS COMMUNITY THAT INSPIRES OTHERS. CREATE OPPORTUNITIES FOR MARKETING NETWORKING PROCUREMENT AND REFERRAL-BASED BUSINESS GROWTH PROGRAMS THAT SUPPORT DEVELOPMENT OF BUSINESS SKILLS AND EXPERTISE THROUGH WORKSHOPS AND SEMINARS AND ADVOCATE FOR POSITIVE ECONOMIC SOCIAL AND POLITICAL CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT SOCIAL MIXERS FOR MEMBERS TO NETWORK AND DISCUSS LGBTQ+ BUSINESS AND SOCIAL ISSUES.
OREGON PRIDE IN BUSINESS ORPIB HAS DEVELOPED AN INCUBATOR PROGRAM FOR LGBTQ+ ENTREPRENEURS THAT AIMS TO STREAMLINE THE PATHWAY TO DOING BUSINESS PROVIDE COMMUNITY-DRIVEN SUPPORT AND TO ENHANCE BUSINESS OPPORTUNITIES THROUGH EXPERTISE GUIDANCE AND EDUCATION. THE GOAL OF OUR INCUBATOR PROGRAM IS TO EMPOWER ENTREPRENEURS TO FOLLOW THEIR DREAMS AND BUILD A NEW BUSINESS. OUR IDEAL CANDIDATES ARE ENTREPRENEURS WITH A GREAT IDEA A LEGALLY VIABLE BUSINESS MODEL THAT OFFERS A SERVICE AND A DESIRE TO START A LIMITED LIABILITY COMPANY LLC. BUSINESS VIABILITY MEANS THAT A BUSINESS IS OR HAS THE POTENTIAL TO BE SUCCESSFUL. A VIABLE BUSINESS IS PROFITABLE WHICH MEANS IT HAS MORE REVENUE COMING IN THAN IT'S SPENDING ON THE COSTS OF RUNNING THE BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Okima Amaranthis President | OfficerTrustee | 4 | $0 |
Elliott Hinkle Board Member | Trustee | 2 | $0 |
David Audley Board Member | Trustee | 2 | $0 |
Dan Cushing Board Member | Trustee | 2 | $0 |
Jeana Hooker Vice President | OfficerTrustee | 4 | $0 |
Molly Smithson Callahan Secretary | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $62,194 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| 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 | $162,194 |
| Total Program Service Revenue | $3,095 |
| 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 | $165,289 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,946 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,197 |
| Payroll taxes | $13,045 |
| Fees for services: Management | $25,913 |
| 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 | $13,143 |
| Office expenses | $12,216 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,864 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,075 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,752 |
| All other expenses | $3,671 |
| Total functional expenses | $124,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,716 |
| Savings and temporary cash investments | $60,062 |
| 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 | $86,778 |
| 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 | $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 | $86,778 |
| Total liabilities and net assets/fund balances | $86,778 |