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Micro Enterprise Services Of Oregon

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204379510 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Micro Enterprise Services Of Oregon?

Micro Enterprise Services of Oregon (MESO) is a nonprofit organization situated in Portland, Oregon. Their primary mission is to enhance economic opportunities for underserved individuals by providing empowerment, education, and entrepreneurship opportunities. MESO offers an extended support program called ANCHORS, which assists entrepreneurs for 3-5 years with business planning, record-keeping, tax, legal, and marketing services. In the year ending June 30, 2020, the ANCHORS program supported approximately 954 entrepreneurs in stabilizing and growing their businesses. The organization is headquartered at 4008 NE Martin Luther King Jr Blvd, Portland, OR 97212, and employs a total of 35 individuals.


Official website here: www.mesopdx.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

Micro Enterprise Services of Oregon has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization scored exceptionally well in all evaluated areas, particularly in its governance practices and program expense ratios, indicating effective use of funds towards its mission.

The nonprofit boasts a fully independent board, ensuring unbiased oversight and decision-making. Its financial practices are stringent, with no reported material diversion of assets, and it adheres to established policies regarding conflict of interest and whistleblowing. This level of transparency and commitment to ethical standards contributes positively to its reputation.

While the organization demonstrates strong financial health, the summary does not highlight any specific programmatic outcomes or community impact metrics. Future assessments could benefit from incorporating qualitative data on the effectiveness of its services, providing stakeholders with a more comprehensive view of its contributions to the community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Micro Enterprise Services Of Oregon?

100% of 8 reviewers on Facebook recommend Micro Enterprise Services of Oregon. Here is a summary of their reviews:

The nonprofit has received high praise for its supportive role in fostering small businesses in Portland, Oregon. Reviewers consistently highlight the friendly and helpful staff, who are credited with effectively providing ideas and funding to help businesses thrive. Many express gratitude for the significant positive impact MESO has had on their entrepreneurial journeys.

Overall, the sentiment is overwhelmingly positive, with contributors emphasizing that MESO genuinely makes a difference in the success of local small businesses.


This AI summary has been generated from reviews found on Facebook.

Is Micro Enterprise Services Of Oregon legitimate?

Micro Enterprise Services Of Oregon is a legitimate nonprofit organization registered as a 501(c)(3) entity. Micro Enterprise Services Of Oregon submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $270,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,697,470

For more financial information, click here


Official website here: www.mesopdx.org

What is the mission statement of Micro Enterprise Services Of Oregon?

Micro Enterprise Services of Oregon aims to enhance economic opportunities for underserved individuals by promoting empowerment, education, and entrepreneurship. Their mission is to benefit the broader community through these efforts. The organization provides extended, customized services for entrepreneurs, including business planning, record-keeping assistance, and support with tax, legal, and marketing needs, as part of their Anchors program. In the year ending June 30, 2020, this program assisted approximately 954 entrepreneurs in stabilizing and growing their businesses.


Official website here: www.mesopdx.org

Who is the CEO of Micro Enterprise Services Of Oregon?

Cam Turner is the Chairman of Micro Enterprise Services Of Oregon.


Official website here: www.mesopdx.org

What is the revenue of Micro Enterprise Services Of Oregon?

Micro Enterprise Services Of Oregon's revenue in 2022 was $9,358,693.


Official website here: www.mesopdx.org

Who are the executives of Micro Enterprise Services Of Oregon and what are their salaries?

The average compensation at Micro Enterprise Services Of Oregon during 2022 was $56,240. There are 35 employees and 20 volunteers at Micro Enterprise Services Of Oregon.


Here are 13 key members and their salaries:


Nita Shah (Executive Di)
  • Compensation: $171,319
  • Related: $0
  • Other: $0
Cobi Lewis (Executive Di)
  • Compensation: $99,627
  • Related: $0
  • Other: $24,611
Faye Burch (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Chaud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Chen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Cooke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Holden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Rahming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nitin Rai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cam Turner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Hilton (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mesopdx.org

Where can I find the form 990 for Micro Enterprise Services Of Oregon?

Micro Enterprise Services Of Oregon's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mesopdx.org

Learn more at the official website: www.mesopdx.org

Mission Statement of Micro Enterprise Services Of Oregon

Micro Enterprise Services of Oregon, abbreviated as MESO, is committed to enhancing economic prospects for underserved individuals. This is achieved through a three-pronged strategy that emphasizes empowerment, education, and entrepreneurship. By implementing this mission, MESO aims to contribute positively to the greater community.

MESO's mission is to uplift economically disadvantaged individuals by providing them with the necessary tools and resources. This process begins with empowerment, which encourages self-sufficiency and confidence in these individuals. Education is another essential component, enabling them to acquire the necessary skills and knowledge required to successfully run a business. Lastly, entrepreneurship is encouraged, providing a platform for these individuals to start and grow their own businesses.

In addition to this mission, MESO has a program called Anchors. This program offers extended, customized, and in-depth services to entrepreneurs for a period of 3 to 5 years. These services include business planning, record-keeping assistance, and help with taxes, legal, and marketing issues. In the year ending June 30, 2020, this program assisted approximately 954 entrepreneurs in stabilizing and growing their businesses. This demonstrates MESO's commitment to making a tangible impact on the lives of those it serves.

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Impact




October, 2024

Micro Enterprise Services of Oregon (MESO) significantly enhances the economic landscape for underserved individuals by offering tailored support that fosters empowerment, education, and entrepreneurship. Through initiatives like the ANCHORS program, MESO provides comprehensive, long-term assistance that spans 3-5 years. This includes business planning, recordkeeping, and guidance on tax, legal, and marketing matters.

In the year ending June 30, 2020, MESO played a crucial role in assisting approximately 954 entrepreneurs, helping them stabilize and grow their businesses. This support not only aids individual entrepreneurs but also generates broader benefits for the community, fostering economic growth and providing more job opportunities, thereby contributing to the overall well-being of the region.




This information is meant to be a general summary of Micro Enterprise Services Of Oregon. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$9,358,693 (2022)
Expenses
$7,442,301 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $332,772
  • Program Service Revenue: $293,400
  • Gross Receipts: $9,358,693

Assets and Liabilities:

  • Total Assets: $16,740,017
  • Total Liabilities: $4,224,866
  • Net Assets: $12,515,151

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE FEES & CONTRA

Revenue

$293,400

Organization Details

Founding Year

2008

Principal Officer

Cam Turner

Main Address

4008 NE MARTIN LUTHER KING JR BLVD, PORTLAND, OR, 97212

NTEE Category

Code: J99 - Employment

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