Overview
What is Our 42nd Avenue?
Our 42nd Avenue is a community-focused nonprofit organization, situated in Portland, Oregon. Their primary mission is to foster entrepreneurship and employment opportunities for individuals with economic barriers, by creating and maintaining affordable and accessible enterprise spaces. They achieve this through a variety of activities, including small events, guided discussions, and volunteer opportunities. Their specific program, the Cully Farmers Market, further contributes to this mission. By partnering with the City of Portland, Our 42nd Avenue aims to lessen government burden and improve conditions in the 42nd Avenue District, recognized as an urban renewal area with high poverty and economic distress. With a team of four dedicated employees, they build and sustain relationships across the community, engaging in economic development and community betterment initiatives.
Official website here: www.42ave.org
Is Our 42nd Avenue legitimate?
Our 42nd Avenue is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our 42nd Avenue 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,280
For more financial information, click here
Official website here: www.42ave.org
What is the mission statement of Our 42nd Avenue?
Our 42nd Avenue's mission is to contribute to economic development and alleviate government's burden by collaborating with the city of Portland. The focus is on improving conditions in a district identified as an Urban Renewal District, characterized by high poverty and economic distress. The organization aims to create and maintain affordable, accessible enterprise spaces to foster entrepreneurship and employment opportunities for community members with economic barriers. Additionally, they build and sustain relationships within the community, engaging in small events, guided discussions, and volunteer opportunities. A notable initiative under this umbrella is the Cully Farmers Market.
Official website here: www.42ave.org
Who is the CEO of Our 42nd Avenue?
Paul Lumley is the Board Member of Our 42nd Avenue.
Official website here: www.42ave.org
What is the revenue of Our 42nd Avenue?
Our 42nd Avenue's revenue in 2020 was $387,895.
Official website here: www.42ave.org
Who are the executives of Our 42nd Avenue and what are their salaries?
The average compensation at Our 42nd Avenue during 2020 was $5,070. There are 4 employees and 6 volunteers at Our 42nd Avenue.
Here are 6 key members and their salaries:
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Official website here: www.42ave.org
Where can I find the form 990 for Our 42nd Avenue?
Our 42nd Avenue's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.42ave.org
Learn more at the official website: www.42ave.org
Mission Statement of Our 42nd Avenue
Our 42nd Avenue, a nonprofit organization, is committed to engaging in economic development and lessening the burden of government. Its mission is to collaborate with the city of Portland to improve the conditions in the 42nd Avenue District, which has been identified as an urban renewal district with a high level of poverty and economic distress. The organization aims to foster entrepreneurship and employment opportunities for community members with barriers to economic participation by assisting in the creation and maintenance of affordable, accessible enterprise space. By building and sustaining relationships across the community with both individuals and partnering organizations, Our 42nd Avenue organizes small events, guided discussions, and volunteer opportunities. An exemplary program of this suite is the Cully Farmers Market, which further contributes to the organization's mission of economic development and community empowerment.
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Impact
October, 2024
Our 42nd Avenue plays a transformative role in the community and the economy of the 42nd Avenue District in Portland. By focusing on economic development and addressing the challenges of a poverty-stricken area, the organization enhances the local landscape through strategic partnerships with the city. Its initiatives are designed to create and sustain affordable and accessible enterprise spaces, empowering individuals to pursue entrepreneurship despite facing barriers to economic participation.
The impact of Our 42nd Avenue can be seen in its commitment to fostering employment opportunities and nurturing a vibrant local business ecosystem. Through programs like the Culley Farmers Market, the organization not only promotes economic activity but also strengthens community connections by facilitating small events and guided discussions. These activities encourage involvement from residents and partnering organizations alike, effectively building resilience within the community.
Overall, Our 42nd Avenue's focus on economic development alleviates some of the burdens faced by local residents, encouraging engagement, collaboration, and sustainable growth in a district that has historically struggled with economic distress.
This information is meant to be a general summary of Our 42nd Avenue. 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 2020.
- Program Service Revenue: $159,395
- Gross Receipts: $387,895
Assets and Liabilities:
- Total Assets: $357,202
- Total Liabilities: $53,139
- Net Assets: $304,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT
Revenue
$150,774
FARMERS MARKET
Revenue
$8,621
Organization Details
Founding Year
2012
Phone
(503) 288-8177Principal Officer
Paul Lumley
Main Address
5135 COLUMBIA BLVD, PORTLAND, OR, 97218
Website
www.42ave.orgNTEE Category
Code: S30 - Community improvement
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