Overview
What is Portland Streetcar Inc?
Portland Streetcar Inc is a nonprofit organization situated in Portland, Oregon, specifically at 930 NW 14th Avenue, 280. The primary purpose of this organization is to develop and operate a streetcar system, connecting various business, housing, employment, and tourism districts within the greater Portland metropolitan area. This system serves over 3.5 million riders annually, aiming to reduce reliance on cars, alleviate traffic congestion, and decrease air pollution. The mission of Portland Streetcar Inc is to link neighboring areas with a convenient and attractive transportation alternative, fitting the scale and traffic patterns of existing neighborhoods. By providing quality service, the organization attracts new transit ridership and encourages the development of more housing and businesses, thereby reducing short inner-city auto trips, parking demand, traffic congestion, and air pollution. Portland Streetcar Inc employs a total of 20 individuals.
Official website here: www.portlandstreetcar.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
Portland Streetcar Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a score of 92% in the Accountability & Finance category, the organization demonstrates effective management of its resources. Notably, it has a fully independent board, which enhances its governance and decision-making processes.
The nonprofit's financial practices are commendable, highlighted by a material diversion of assets reported as none and a program expense ratio of 85.81%. This indicates that a significant portion of its expenditures directly supports its mission-related activities. Additionally, the organization maintains comprehensive financial oversight, as evidenced by an active audit and oversight committee.
However, there is a noted absence of a whistleblower policy, which may be a limitation in terms of internal accountability. Despite this, the overall transparency and governance structures appear robust, contributing positively to stakeholder trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Portland Streetcar Inc legitimate?
Portland Streetcar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portland Streetcar Inc 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: $194,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $580,883
For more financial information, click here
Official website here: www.portlandstreetcar.org
What is the mission statement of Portland Streetcar Inc?
Portland Streetcar Inc's mission is centered around reducing reliance on cars, alleviating traffic congestion, and decreasing air pollution. They achieve this by developing and operating a streetcar system. The primary goal is to connect neighborhoods with a convenient and appealing transportation alternative. The streetcar system is designed to fit the scale and traffic patterns of existing neighborhoods, providing top-notch service to attract new transit riders. By reducing short inner-city auto trips, parking demand, traffic congestion, and air pollution, Portland Streetcar Inc promotes the development of more housing and businesses.
Official website here: www.portlandstreetcar.org
Who is the CEO of Portland Streetcar Inc?
Dan Bower is the Executive Director of Portland Streetcar Inc.
Official website here: www.portlandstreetcar.org
What is the revenue of Portland Streetcar Inc?
Portland Streetcar Inc's revenue in 2023 was $1,472,723.
Official website here: www.portlandstreetcar.org
Who are the executives of Portland Streetcar Inc and what are their salaries?
The average compensation at Portland Streetcar Inc during 2023 was $38,761. There are 20 employees and 14 volunteers at Portland Streetcar Inc.
Here are 16 key members and their salaries:
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- Compensation: $164,205
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- Compensation: $156,654
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- Other: $19,711
Official website here: www.portlandstreetcar.org
Where can I find the form 990 for Portland Streetcar Inc?
Portland Streetcar Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.portlandstreetcar.org
Learn more at the official website: www.portlandstreetcar.org
Mission Statement of Portland Streetcar Inc
Portland Streetcar Inc, in its mission, aims to reduce reliance on private vehicles, alleviate traffic congestion, and decrease air pollution. To achieve this, the organization develops and operates a streetcar system. The primary objective is to connect various neighborhoods, offering a convenient and appealing transportation alternative that fits the scale and traffic patterns of these areas. Furthermore, Portland Streetcar Inc strives to provide top-notch service to attract new transit users, reduce short inner-city car trips, diminish parking demand, and lessen traffic congestion and air pollution. Additionally, the organization encourages urban development, such as housing and businesses, around the streetcar lines.
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Impact
July, 2024
Portland Streetcar Inc's impact can be seen in its efforts to reduce dependence on automobiles, traffic congestion, and air pollution through the development and operation of a streetcar system. By linking business, housing, employment, and tourism districts in the greater Portland metropolitan area, the organization serves over 3.5 million riders annually. Portland Streetcar Inc aims to connect neighborhoods with a convenient and attractive transportation alternative, tailored to the scale and traffic patterns of existing urban areas. By providing quality service to attract new transit ridership, the organization also works towards reducing short inner-city auto trips, parking demand, traffic congestion, and air pollution. Additionally, its presence encourages the development of more housing and businesses, contributing to community improvement in Portland, Oregon.
This information is meant to be a general summary of Portland Streetcar Inc. 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.
- Program Service Revenue: $1,170,823
- Gross Receipts: $1,472,723
Assets and Liabilities:
- Total Assets: $1,295,832
- Total Liabilities: $627,191
- Net Assets: $668,641
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$1,170,823
Organization Details
Founding Year
1995
Phone
(503) 222-4200Principal Officer
Dan Bower
Main Address
930 NW 14TH AVENUE 280, PORTLAND, OR, 97209
Website
www.portlandstreetcar.orgNTEE Category
Code: S200 - Community improvement
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