Overview
What is Central City Concern Foundation?
The Central City Concern Foundation is a nonprofit organization situated in Portland, Oregon. Its primary role is to support Central City Concern, an organization it is affiliated with, by managing and owning significant establishments such as the Old Town Recovery Center and The Jeanne Rivers Building. In 2018, the foundation transferred its assets to Central City Concern as part of a financial restructuring process. The Central City Concern Foundation's activities are centered around these property-related endeavors, helping to further the mission of Central City Concern.
Is Central City Concern Foundation legitimate?
Central City Concern Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central City Concern Foundation submitted a form 990EZ, 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.
What is the mission statement of Central City Concern Foundation?
The Central City Concern Foundation supports its affiliated organization, Central City Concern, by managing the Old Town Recovery Center and The Jeanne Rivers Building. It transferred its assets to Central City Concern in 2018, following the dissolution of the New Markets Tax Credit Structure. The foundation's primary role is to contribute to the mission of Central City Concern, which focuses on providing services to the homeless and underserved in the community, including housing, health care, and employment opportunities. The Central City Concern Foundation does not have a separate mission statement of its own, as it operates as a supporting entity for Central City Concern.
Who is the CEO of Central City Concern Foundation?
Unavailable
What is the revenue of Central City Concern Foundation?
Central City Concern Foundation's revenue in 2022 was $0.
Who are the executives of Central City Concern Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Central City Concern Foundation?
Central City Concern Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Central City Concern Foundation
Central City Concern Foundation supports its affiliated organization, Central City Concern, through its involvement in the development and ownership of specific facilities. In a significant move during Fiscal Year 2018, the foundation transferred its net assets to Central City Concern as part of a restructuring process involving New Markets Tax Credits. By doing so, Central City Concern Foundation aids in the continued operation and growth of its partner organization. Although the mission statement of Central City Concern Foundation is not explicitly provided in the given information, it can be inferred that their primary role is to support Central City Concern in its various initiatives and projects.
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Impact
October, 2024
Central City Concern Foundation plays a pivotal role in advancing community health and recovery in Portland, Oregon. By developing and owning critical facilities such as the Old Town Recovery Center and The Jeanne Rivers Building, it significantly enhances access to essential services. The foundation's strategic transfer of net assets to Central City Concern during the unwind of the New Markets Tax Credit Structure in Fiscal Year 2018 underscores its commitment to sustainable community support.
Through these initiatives, Central City Concern Foundation fosters employment opportunities and provides vital resources for individuals seeking recovery, ultimately contributing to the revitalization of the Old Town neighborhood. Its impact is felt in improved access to essential services, support for economic stability, and the promotion of a healthier, more inclusive community.
This information is meant to be a general summary of Central City Concern Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Phone
(503) 294-1681Main Address
232 NW 6TH AVENUE, PORTLAND, OR, 97209
NTEE Category
Code: J11 - Employment
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