Livelihood Nw

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

EIN: 825342189 ✦ Portland, OR ✦ Designated as a 501(c)(3)

Overview

What is Livelihood Nw?

Livelihood Nw is a nonprofit organization located in Portland, Oregon. With a client base primarily consisting of low-to-moderate income individuals based on the median family income in the area, their mission is to promote business sustainability and growth for historically underserved entrepreneurs within local communities. They offer exceptional business development support services, encouraging lifelong learning, empowerment, and positive economic impact. Livelihood Nw serves a diverse clientele, with over 74% being minority-owned businesses and 70% women-owned. Their services are available in English and Spanish, and they have a history of providing support in various languages through translation partners. Livelihood Nw employs 12 individuals.


Official website here: www.livelihoodnw.org

Is Livelihood Nw legitimate?

Livelihood Nw is a legitimate nonprofit organization registered as a 501(c)(3) entity. Livelihood Nw 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.

Here are some key statistics you may want to consider:

Executive Compensation: $123,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,195

For more financial information, click here


Official website here: www.livelihoodnw.org

What is the mission statement of Livelihood Nw?

Livelihood Nw's mission is centered around fostering business sustainability and growth for historically under-served entrepreneurs within local communities. They achieve this by providing exceptional business development support services, which promote lifelong learning, empowerment, and positive economic impact. Their primary client base consists of low-to-moderate income entrepreneurs, with a significant number being minority and women-owned small businesses. Livelihood Nw's services are offered in English and Spanish, and they have a history of providing support in various languages through translation partners.


Official website here: www.livelihoodnw.org

Who is the CEO of Livelihood Nw?

Lara Damon is the Executive Di of Livelihood Nw.


Official website here: www.livelihoodnw.org

What is the revenue of Livelihood Nw?

Livelihood Nw's revenue in 2022 was $896,583.


Official website here: www.livelihoodnw.org

Who are the executives of Livelihood Nw and what are their salaries?

The average compensation at Livelihood Nw during 2022 was $43,141. There are 12 employees and 5 volunteers at Livelihood Nw.

Here are 6 key members and their salaries:

    Lara Damon (Executive Di)
  • Compensation: $116,195
  • Related: $0
  • Other: $7,300

    • Jeanne Enders (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Jordan (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Kilberg (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Plummer (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Setzler (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.livelihoodnw.org

    Where can I find the form 990 for Livelihood Nw?

    The Livelihood Nw’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.livelihoodnw.org

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

    Mission Statement of Livelihood Nw

    Livelihood Nw, a nonprofit organization, is committed to fostering business sustainability and growth for historically under-served entrepreneurs within local communities. Their mission is twofold: firstly, they provide exceptional business development support services to promote lifelong learning and empowerment. Secondly, they aim to create a positive economic impact. By offering these services, Livelihood Nw seeks to support and uplift entrepreneurs who often fall under the low-to-moderate income bracket, according to the median family income (MFI) in the Portland area.

    The client base of Livelihood Nw is predominantly composed of small businesses, with a significant percentage being minority-owned and women-owned enterprises. Recognizing the importance of language barriers in serving their diverse community, Livelihood Nw offers support services in English and Spanish, and has a history of working with translation partners to extend their services to those who require assistance in other languages. The organization's mission is not just about providing support, but also about fostering an environment that empowers entrepreneurs to grow their businesses and contribute positively to their communities.

    Impact

    This information is meant to be a general summary of Livelihood Nw. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Livelihood NW's impact is significant as they focus on fostering business sustainability and growth for historically underserved entrepreneurs within local communities. This organization provides exceptional business development support services to promote lifelong learning, empowerment, and positive economic impact. Their current client base consists of over 95% low-to-moderate income individuals in the Portland area, with 100% of clients being small businesses. Nearly 74% of these businesses are minority-owned, and 70% are women-owned. Livelihood NW offers support services in both English and Spanish, and has a track record of providing assistance in various languages through translation partners. This impactful work contributes to creating a more inclusive and thriving entrepreneurial ecosystem in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $454
  • Program Service Revenue: $13,419
  • Gross Receipts: $896,583

    • Assets and Liabilities:
  • Total Assets: $1,032,640
  • Total Liabilities: $373,252
  • Net Assets: $659,388
  • Programs

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

    SERVICE FEES

    Revenue

    $13,419

    Organization Details

    Founding Year

    2018

    Principal Officer

    Lara Damon

    Main Address

    PO BOX 13775, PORTLAND, OR, 97213

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Livelihood Nw and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.