Go Lloyd

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

EIN: 931146337 ✦ Portland, OR ✦ Designated as a 501(c)(6)

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Overview

What is Go Lloyd?

Go Lloyd is a nonprofit organization situated in Portland, Oregon, specifically at 700 NE MULTNOMAH 340. Their primary mission is to connect people and places by fostering partnerships and providing transportation solutions, aiming to make Lloyd an extraordinary location. The organization operates a transportation store four days a week, offering support to customers and approximately 370 Lloyd Cycle Station members. Additionally, Go Lloyd serves as a low-income verification center for Trimet's reduced fare program, facilitating access to public transportation for individuals in need. The nonprofit has successfully expanded its Universal Pass Program, retaining 15 businesses and adding two new ones, Courtyard by Marriott and the Federal Energy Regulatory Commission, resulting in over 2,200 employees participating in the program. Despite relatively low overall transit ridership numbers, Go Lloyd continues to actively promote and administer this highly effective program.


Official website here: www.golloyd.org

Is Go Lloyd legitimate?

Go Lloyd is a legitimate nonprofit organization registered as a 501(c)(6) entity. Go Lloyd 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: $94,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,067

For more financial information, click here


Official website here: www.golloyd.org

What is the mission statement of Go Lloyd?

Go Lloyd's mission is centered around connecting people and places by establishing partnerships and implementing transportation solutions. Their goal is to make these connections extraordinary, aiming to enhance the overall experience and functionality. They achieve this by operating a Transportation Store, which supports customers and Lloyd Cycle Station members, serving as a verification center for a reduced fare program. Progress in this area has been gradual, but they have seen a return of employers to their Universal Pass Program, with over 2,200 employees currently participating. Despite relatively low overall transit ridership numbers, Go Lloyd continues to actively promote and administer this effective program.


Official website here: www.golloyd.org

Who is the CEO of Go Lloyd?

Ty Wyman is the Treasurer of Go Lloyd.


Official website here: www.golloyd.org

What is the revenue of Go Lloyd?

Go Lloyd's revenue in 2022 was $411,900.


Official website here: www.golloyd.org

Who are the executives of Go Lloyd and what are their salaries?

The average compensation at Go Lloyd during 2022 was $59,504. There are 5 employees and 6 volunteers at Go Lloyd.


Here are 15 key members and their salaries:


Owen Ronchelli (Secretary)
  • Compensation: $91,704
  • Related: $0
  • Other: $2,751
Kristan Alldrin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Moore (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Nagy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Stroud (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Lange (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mick O'Connell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Mitchell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Thompson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Bower (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jr Burwell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Wyman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Day (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Klein (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.golloyd.org

Where can I find the form 990 for Go Lloyd?

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


Official website here: www.golloyd.org

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

Mission Statement of Go Lloyd

Go Lloyd, as an organization, connects people and places by establishing partnerships and devising transportation solutions to elevate Lloyd to an extraordinary level. Their mission is to create a seamless network of transportation services, enhancing the daily lives of individuals within the community. The Transportation Store, a main component of Go Lloyd, is open four days a week, serving both the store's customers and approximately 370 active Lloyd Cycle Station members. This store also functions as a low-income verification center for Trimet's Reduced Fare Program, further extending their reach and support to the community. The Universal Pass Program has seen a return of employers, with over 1,900 employees responding to the annual Commute Choice Survey, and the addition of two new employers, Courtyard by Marriott and the Federal Energy Regulatory Commission, bringing the total number of participating Lloyd employees to over 2,200. Despite relatively low overall transit ridership numbers, Go Lloyd continues to actively promote and administer this highly effective program.

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Impact




October, 2024

Go Lloyd has a significant impact on the Lloyd District by connecting people and places through innovative partnerships and transportation solutions. Its initiatives foster community engagement and enhance mobility for residents and employees in the area.

The Go Lloyd Transportation Store plays a crucial role in supporting customers and catering to approximately 370 active Lloyd Cycle Station members. This accessible hub not only provides transportation-related services but also serves as a low-income verification center for TriMet's reduced fare program, directly benefiting community members who may need financial assistance.

As part of its efforts to promote sustainable commuting, Go Lloyd's Universal Pass Program has seen a resurgence in employer participation. This year, more than 1,900 employees contributed feedback through the annual commute choice survey, and the program retained 15 businesses while gaining two new employers: Courtyard by Marriott and the Federal Energy Regulatory Commission. With over 2,200 employees now engaged in the program, Go Lloyd continues to advocate for transit use, contributing to a more connected and environmentally friendly community.

Overall, Go Lloyd’s initiatives not only address transportation needs but also improve community cohesion and support local businesses, making the Lloyd District an extraordinary place to live and work.




This information is meant to be a general summary of Go Lloyd. 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
$411,900 (2022)
Expenses
$394,636 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,271
  • Program Service Revenue: $159,197
  • Gross Receipts: $411,900

Assets and Liabilities:

  • Total Assets: $830,462
  • Total Liabilities: $22,946
  • Net Assets: $807,516

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Programs

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

Fees & Contracts Gov Agencies

Revenue

$159,197

Organization Details

Principal Officer

Ty Wyman

Main Address

700 NE MULTNOMAH 340, PORTLAND, OR, 97232

NTEE Category

Code: S20 - Community improvement

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