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Built Oregon

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

EIN: 813934437 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Built Oregon?

Built Oregon is a nonprofit organization located at 1355 NW Everett ST 201, Portland, OR 97209. Their primary mission is to accelerate entrepreneurial activity and stimulate economic revitalization across Oregon. They achieved this goal by hosting the Pitch Black Event 2022, which raised funds to support Black entrepreneurs with their startups and connect them with the broader startup ecosystem. The organization's activities are geared towards enhancing the entrepreneurial landscape in the state of Oregon.


Official website here: www.builtoregon.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 29%

Built Oregon has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to its low Accountability & Finance score of 29%. This rating reflects significant concerns regarding financial transparency and governance practices. While the organization does have a majority of independent board members and meets some basic criteria, the absence of crucial financial documentation severely impacts its score.

Strengths of Built Oregon include a fully independent board and appropriate documentation of board meeting minutes, indicating some level of governance. However, the lack of a conflict of interest policy, whistleblower policy, and missing financial statements highlight a need for improvement in accountability practices. These shortcomings suggest potential risks in operational transparency, which could affect donor trust and engagement.

Overall, while Built Oregon shows some foundational strengths in its board independence, the critical gaps in financial reporting and governance policies present serious limitations. This situation emphasizes the importance of accountability measures that can enhance donor confidence and the organization's operational integrity.


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

Is Built Oregon legitimate?

Built Oregon is a legitimate nonprofit organization registered as a 501(c)(3) entity. Built 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: $75,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,122

For more financial information, click here


Official website here: www.builtoregon.com

What is the mission statement of Built Oregon?

Built Oregon's mission is centered around fostering entrepreneurial growth and stimulating economic revitalization across the state. They aim to accelerate business activities, contributing to a broader economic enhancement. As part of their efforts, they organize events like the Pitch Black Event in 2022, which raises and awards funds to assist black entrepreneurs with their startups and provides a platform to engage with the broader startup ecosystem.


Official website here: www.builtoregon.com

Who is the CEO of Built Oregon?

Mitch Daugherty is the Chairman of Built Oregon.


Official website here: www.builtoregon.com

What is the revenue of Built Oregon?

Built Oregon's revenue in 2022 was $977,240.


Official website here: www.builtoregon.com

Who are the executives of Built Oregon and what are their salaries?


Here are 9 key members and their salaries:


Mitch Daugherty (Chairman)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Adam Turco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Pressley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Mullins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirsten Ringen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Green (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0
Chris Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Davidson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.builtoregon.com

Where can I find the form 990 for Built Oregon?

Built Oregon's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.builtoregon.com

Learn more at the official website: www.builtoregon.com

Mission Statement of Built Oregon

Built Oregon, as a nonprofit organization, is committed to accelerating entrepreneurial activity and promoting economic revitalization across Oregon. Their mission is geared towards fostering a conducive environment for startups and contributing to the state's economic growth. They achieve this by providing opportunities for black entrepreneurs through events like the Pitch Black 2022, which raises and awards funds to aid in startup initiatives and serves as a platform for these entrepreneurs to connect with the broader startup ecosystem. By supporting and empowering entrepreneurs, Built Oregon aims to stimulate business growth and contribute to Oregon's economic development.

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Impact




July, 2024

Built Oregon has significantly impacted the entrepreneurial landscape in Oregon by accelerating entrepreneurial activity and enhancing economic revitalization throughout the state. Their recent Pitch Black event in 2022 raised and awarded money to support Black entrepreneurs with startup ventures. This initiative not only provided financial assistance but also created a platform for these entrepreneurs to connect with the broader startup ecosystem in Oregon. Overall, Built Oregon's efforts contribute to community improvement and foster a more robust entrepreneurial environment in the state.




This information is meant to be a general summary of Built 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
$977,240 (2022)
Expenses
$532,001 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $52,846
  • Gross Receipts: $977,240

Assets and Liabilities:

  • Total Assets: $916,239
  • Total Liabilities: $39,584
  • Net Assets: $876,655

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Organization Details

Founding Year

2017

Principal Officer

Mitch Daugherty

Main Address

1355 NW EVERETT ST 201, PORTLAND, OR, 97209

NTEE Category

Code: S30 - Community improvement

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