Overview
What is Oregon Entrepreneurs Forum?
Oregon Entrepreneurs Forum, officially known as Oregon Entrepreneurs Network, is a nonprofit organization situated in Portland, Oregon. With a team of four individuals, they aim to support local entrepreneurs and foster business growth in the state. They connect various players within Oregon's innovation community to help these entrepreneurs succeed. Their mission involves providing educational programs and opportunities for access to capital, with the ultimate goal of fostering employment opportunities in Oregon. In collaboration with OHSU, OBI/OTRADI, and the Oregon Bioscience Association, they launched Angel Oregon Bio, a program that offered investment readiness education to 20 tech founders, angel investing education to around 20 investors, and assisted in securing an equity investment of $300,000 for one startup, Biomotum.
Official website here: www.oen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Oregon Entrepreneurs Forum has achieved an impressive 97% score from Charity Navigator, indicating strong performance in accountability and finance. This rating is particularly significant as it highlights the organization's commitment to transparency and effective governance, with an independent board comprised entirely of 13 members, which ensures there are no conflicts of interest.
The organization displays responsible financial management, with a program expense ratio of 71.12%, suggesting that a substantial portion of its resources directly supports its mission. Furthermore, the absence of material diversions of assets and proactive policies regarding conflict of interest and whistleblower protections reflect the Forum's dedication to ethical standards and accountability practices.
Overall, the Oregon Entrepreneurs Forum stands out for its robust governance structure and financial health, providing reassurance to donors and stakeholders about its operational integrity. There are no noted limitations in the available data, suggesting the organization is effectively utilizing its resources to support its entrepreneurial initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon Entrepreneurs Forum legitimate?
Oregon Entrepreneurs Forum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Entrepreneurs Forum 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: $138,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,593
For more financial information, click here
Official website here: www.oen.org
What is the mission statement of Oregon Entrepreneurs Forum?
The Oregon Entrepreneurs Forum's mission is to support the entrepreneurial community, fostering business growth and employment opportunities. They achieve this by providing educational programs and offering access to capital. The forum has launched initiatives such as Angel Oregon Bio, a partnership with OHSU, OBI/OTRADI, and the Oregon Bioscience Association, which supports life and bioscience startups in Oregon and the SWW region. This program offers investment readiness education to local tech founders, angel investing education to potential investors, and has helped raise an equity investment of $300,000 for one startup, Biomotum.
Official website here: www.oen.org
What is the revenue of Oregon Entrepreneurs Forum?
Oregon Entrepreneurs Forum's revenue in 2023 was $481,087.
Official website here: www.oen.org
Who are the executives of Oregon Entrepreneurs Forum and what are their salaries?
The average compensation at Oregon Entrepreneurs Forum during 2023 was $93,333. There are 3 employees and 50 volunteers at Oregon Entrepreneurs Forum.
Here are 16 key members and their salaries:
- Compensation: $138,407
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oen.org
Where can I find the form 990 for Oregon Entrepreneurs Forum?
Oregon Entrepreneurs Forum's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.oen.org
Learn more at the official website: www.oen.org
Mission Statement of Oregon Entrepreneurs Forum
The Oregon Entrepreneurs Forum, often abbreviated as OEN, is an organization that is committed to connecting various players within Oregon's innovation community. Its mission is to aid local entrepreneurs in their journey towards success. This is achieved through providing a range of support activities and mentoring, with the ultimate goal of fostering business growth and creating employment opportunities in Oregon.
OEN offers educational programs as one of its key strategies. These programs aim to equip entrepreneurs with the necessary skills and knowledge to navigate the complex world of business. Additionally, OEN provides opportunities for entrepreneurs to gain access to capital, which is a crucial factor in the growth and sustainability of any business.
In line with its mission, OEN launched a program called Angel Oregon Bio in collaboration with other organizations. This program was designed to support life and bioscience startups based in Oregon and the Southwest. The program offered investment readiness education to 20 local tech founders, angel investing education to approximately 20 angel investors, and helped secure an equity investment of $300,000 for one startup, Biomotum. This investment marked a significant milestone in the growth and development of this startup.
In summary, the Oregon Entrepreneurs Forum is an organization that is dedicated to supporting the entrepreneurial community in Oregon. Through its various activities and programs, OEN aims to foster business growth, create employment opportunities, and provide entrepreneurs with the necessary skills and resources to succeed.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Oregon Entrepreneurs Forum plays a vital role in connecting key players across Oregon's innovation community, facilitating success for local entrepreneurs. Through initiatives like Angel Oregon Bio, a partnership with OHSU, OBI/OTRADI, and the Oregon Bioscience Association, OEN provides crucial support to life and bioscience startups in the region. By offering investment readiness education to founders, angel investing education to investors, and aiding in raising significant equity investments, such as the $300,000 awarded to the startup Biomotum, OEN actively contributes to the growth and development of the entrepreneurial ecosystem in Oregon. This impactful work not only fosters business growth but also creates employment opportunities, ultimately enhancing the community and driving positive change in the region.
This information is meant to be a general summary of Oregon Entrepreneurs Forum. 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 2023.
- Investment Income: $10,029
- Program Service Revenue: $60,172
- Gross Receipts: $494,481
Assets and Liabilities:
- Total Assets: $884,192
- Total Liabilities: $173,617
- Net Assets: $710,575
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$60,172
Organization Details
Founding Year
1991
Principal Officer
Cara Turano
Website
www.oen.orgNTEE Category
Code: S43 - Community improvement
If you are a representative of Oregon Entrepreneurs Forum 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.