Columbia Pacific Economic Development District Of Oregon
- Assets
- $1.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 6
- Location
- St Helens, OR
- Founding
- 12/1996
- Data as of
- 09/2021
- EIN
- 93-1178553
Organization Overview
Columbia Pacific Economic Development District Of Oregon is located in St Helens, OR. The organization was established in 1996. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Columbia Pacific Economic Development District Of Oregon employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbia Pacific Economic Development District Of Oregon 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 09/2021, Columbia Pacific Economic Development District Of Oregon generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $3.0m during the year ending 09/2021. While expenses have increased by 43.8% per year over the past 6 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.
Since 2016, Columbia Pacific Economic Development District Of Oregon has awarded 59 individual grants totaling $2,287,233. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUSTAIN HEALTHY COMMUNITIES IN THE DISTRICT THROUGH RETENTION, DIVERSIFICATION AND EXPANSION OF THE ECONOMIC BASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS OF SEPTEMBER 30, 2021, COLUMBIA PACIFIC ECONOMIC DEVELOPMENT DISTRICT HAS FINANCED 45 LOANS, WITH 5 OUTSTANDING LOANS TOTALING $314,468 TO ELIGIBLE SMALL BUSINESS BORROWERS UNDER THE INTERMEDIARY RELENDING PROGRAM (IRP) OF THE USDA RURAL BUSINESS COOPERATIVE SERVICES. THROUGH THE RURAL BUSINESS ENTERPRISE GRANT (RBEG), COL-PAC HAS FINANCED 12 LOANS. THE CURRENT (2020-21) OUTSTANDING RBEG FUND BALANCE $273,954. DURING 2021, COL-PAC MADE ONE NEW LOAN TO THE ST. HELENS AQUATIC DISTRICT FOR ENERGY EFFICIENCY UPGRADES. OVERALL, COL-PAC HAS HELPED SMALL BUSINESSES RETAIN AND CREATE 830 JOBS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ayreann Colombo Executive Director | Officer | 40 | $47,546 |
Henry Heimuller President | OfficerTrustee | 1 | $0 |
Lianne Thompson Vice President | OfficerTrustee | 1 | $0 |
Jerry Willey At-Large | OfficerTrustee | 1 | $0 |
Mary Faith Bell Sec/treas (through March 2021) | OfficerTrustee | 1 | $0 |
Erin Skaar Sec/treas (beg. March 2021) | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,461,644 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,662,894 |
| Total Program Service Revenue | $297,173 |
| Investment income | $584 |
| 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 | $2,960,651 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,171,714 |
| 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. | $97,200 |
| Compensation of current officers, directors, key employees. | $43,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,896 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,400 |
| Payroll taxes | $35,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,455 |
| Fees for services: Accounting | $16,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $415,425 |
| Advertising and promotion | $11,297 |
| Office expenses | $10,592 |
| Information technology | $2,949 |
| Royalties | $0 |
| Occupancy | $4,800 |
| Travel | $3,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,550 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,575 |
| All other expenses | $5,000 |
| Total functional expenses | $3,019,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,922 |
| Savings and temporary cash investments | $617,088 |
| 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 | $2,180 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $569,592 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,194,782 |
| Accounts payable and accrued expenses | $34,295 |
| 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 | $331,068 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $365,363 |
| Net assets without donor restrictions | $57,571 |
| Net assets with donor restrictions | $771,848 |
| 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 | $1,194,782 |
Grants Awarded
Over the last fiscal year, Columbia Pacific Economic Development District Of Oregon has awarded $1,657,654 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Seaside, OR PURPOSE: COVID GRANTS | $1,051,172 |
EDC OF TILLAMOOK PURPOSE: COVID GRANTS | $273,500 |
EL TAPATIO PURPOSE: COVID GRANTS | $26,000 |
COLUMBIA COUNTY PURPOSE: COVID GRANTS | $25,262 |
D & M SOLTERO LLC PURPOSE: COVID GRANTS | $23,000 |
BLACKDOG BAR & GRILL PURPOSE: COVID GRANTS | $22,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Columbia Pacific Economic Development District Of Oregon has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Economic Development | $50,000 |
Ford Family Foundation Roseburg, OR PURPOSE: NORTH COAST SMALL BUSINESS RECOVERY AND DEVELOPMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Travel Association San Francisco, CA | $17,687,275 | $15,738,684 |
Citadel Economic Development Corporation San Bernardino, CA | $7,215,242 | $16,438,545 |
Spokane Area Workforce Development Council Spokane, WA | $1,735,015 | $9,993,306 |
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
South Central Workforce Development Council Union Gap, WA | $4,276,195 | $7,715,275 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |
Providence Foundation Of San Francisco San Francisco, CA | $2,572,916 | $7,012,697 |
La Cocina Inc San Francisco, CA | $10,601,250 | $8,307,558 |
Visit Napa Valley Inc Napa, CA | $10,680,406 | $9,057,176 |
Northern California Indian Development Council Inc Eureka, CA | $9,408,932 | $5,019,094 |