Overview
What is Venture Portland?
Venture Portland is a 36-year-old nonprofit organization situated in Portland, Oregon. Their primary mission is to support and grow the city's unique neighborhood business districts. They achieve this by providing grants, training, and promotion. Venture Portland has a significant impact on the local economy, with 50 business districts containing 19,200 businesses and providing 270,000 jobs. They offer resources, training, and technical assistance, contributing to the strategic growth of these districts. In 2021, they introduced a new program, the Events Hub, to assist in planning and implementing business district events. The organization is backed by a dedicated board and volunteers, who contributed over 5,400 volunteer hours in 2021. (Word count: 113)
Official website here: www.ventureportland.org
Is Venture Portland legitimate?
Venture Portland is a legitimate nonprofit organization registered as a 501(c)(6) entity. Venture Portland 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: $105,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,993
For more financial information, click here
Official website here: www.ventureportland.org
What is the mission statement of Venture Portland?
Venture Portland aims to foster the strategic growth of Portland's 50 unique business districts. They accomplish this by providing grants, training, and promotion. The organization's investments serve to enhance the capacity and connections between these districts, collectively meeting local, regional, national, and international demands for goods and services. With 19,200 businesses under its purview, Venture Portland plays a significant role in creating 270,000 job opportunities, thereby contributing to Portland's economy.
Official website here: www.ventureportland.org
Who is the CEO of Venture Portland?
Joy Church is the Executive Di of Venture Portland.
Official website here: www.ventureportland.org
What is the revenue of Venture Portland?
Venture Portland's revenue in 2022 was $916,928.
Official website here: www.ventureportland.org
Who are the executives of Venture Portland and what are their salaries?
The average compensation at Venture Portland during 2022 was $38,736. There are 12 employees at Venture Portland.
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Official website here: www.ventureportland.org
Where can I find the form 990 for Venture Portland?
Venture Portland's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ventureportland.org
Learn more at the official website: www.ventureportland.org
Mission Statement of Venture Portland
Venture Portland, an organization dedicated to business growth, invests strategically in the expansion of Portland's 50 unique neighborhood business districts. Through grants, training, and promotion, Venture Portland aims to enhance the capacity and connections among these districts, collectively meeting both local and international demands for goods and services. By fostering the growth of these districts, Venture Portland plays a pivotal role in Portland's economy, providing jobs for over 270,000 individuals and housing 19,200 businesses.
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Impact
October, 2024
Venture Portland significantly impacts the city by strategically enhancing the growth of its 50 unique neighborhood business districts. These districts collectively house 19,200 businesses and support approximately 270,000 jobs, making them vital to Portland’s economy. Through targeted grants, extensive training, and promotional efforts, the organization empowers local business districts to thrive and better serve their communities.
In its 36 years of operation, Venture Portland has provided over 4,570 hours of training and technical assistance, fostering skills and knowledge that help businesses adapt and grow. The initiative has facilitated consistent marketing efforts via social media and newsletters, increasing visibility and customer engagement for local businesses. Notably, the organization distributed more than $100,000 in grants to fund various business district projects, directly contributing to their development and sustainability.
Additionally, the launch of the Events Hub program enhances the planning and execution of district events, further attracting customers and strengthening community ties. With the support of dedicated board members and volunteers, who contributed over 5,400 hours, Venture Portland continuously builds connections among business districts, ensuring they meet local and broader market demands effectively.
The Catalytic Investment Initiative underscores their commitment to providing focused resources and staffing support to six business districts city-wide, enhancing their capacity to operate and grow. Overall, Venture Portland plays a crucial role in fortifying Portland's economic landscape and fostering a vibrant community.
This information is meant to be a general summary of Venture Portland. 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.
- Investment Income: $83
- Program Service Revenue: $849,158
- Gross Receipts: $916,928
Assets and Liabilities:
- Total Assets: $439,872
- Total Liabilities: $20,146
- Net Assets: $419,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$796,274
PROGRAM SERVICES
Revenue
$35,484
MEMBERSHIP DUES
Revenue
$17,400
Organization Details
Founding Year
1986
Phone
(503) 477-9648Principal Officer
Joy Church
Main Address
1125 SE MADISON ST, PORTLAND, OR, 97214
Website
www.ventureportland.orgNTEE Category
Code: S41 - Community improvement
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