Overview
What is Oregon Business Council Charitable Institute?
The Oregon Business Council Charitable Institute is a nonprofit organization situated in Portland, Oregon. Its primary mission, in alignment with the Oregon Business Council, is to contribute to Oregon's overall quality of life and economic prosperity. The institute achieves this by conducting public policy projects, funded by grants from businesses, private foundations, and individual donors. The focus areas of these projects include redesigning public K-12 and higher education, improving health and healthcare, upgrading transportation infrastructure, supporting economic development, reforming the state fiscal system, and reducing poverty. The institute engages and inspires leaders from various communities, institutions, and businesses across Oregon to collaborate and create policies, systems, and environments that foster healthy lifestyles.
Official website here: www.orbusinesscouncil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating.
The Oregon Business Council Charitable Institute has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating primarily reflects its Accountability & Finance score, which is bolstered by strong governance practices, including a fully independent board. However, the lack of available financial statements significantly detracts from its overall score, resulting in a low performance in that area.
The organization demonstrates several strengths, especially in governance, with 100% independent board members and robust policies in place for conflict of interest, whistleblowing, and document retention. These factors suggest a commitment to ethical management and transparency. Additionally, the program expense ratio is commendable at 83.74%, indicating that a significant portion of its expenses is directed towards its programs rather than administrative costs.
On the downside, the absence of financial statements and a high liabilities-to-assets ratio of 95.24% are concerning issues that may raise questions about its financial stability. While the organization has established strong operational policies, the lack of transparent financial reporting may hinder potential donors' confidence in the nonprofit's overall fiscal health.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon Business Council Charitable Institute legitimate?
Oregon Business Council Charitable Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Business Council Charitable Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,132
For more financial information, click here
Official website here: www.orbusinesscouncil.org
What is the mission statement of Oregon Business Council Charitable Institute?
The Oregon Business Council Charitable Institute, in alignment with the Oregon Business Council's mission, contributes to enhancing Oregon's quality of life and economic prosperity. The institute receives funding from businesses, private foundations, and individual donors to execute public policy projects. These projects focus on various issues such as redesigning public K-12 and higher education, improving health and healthcare, upgrading transportation infrastructure, supporting economic development, reforming the state fiscal system, and reducing poverty. Essentially, the institute aims to drive positive changes in these sectors to advance Oregon's well-being.
Official website here: www.orbusinesscouncil.org
Who is the CEO of Oregon Business Council Charitable Institute?
Duncan Wyse is the Chair of Oregon Business Council Charitable Institute.
Official website here: www.orbusinesscouncil.org
What is the revenue of Oregon Business Council Charitable Institute?
Oregon Business Council Charitable Institute's revenue in 2022 was $1,111,855.
Official website here: www.orbusinesscouncil.org
Who are the executives of Oregon Business Council Charitable Institute and what are their salaries?
The average compensation at Oregon Business Council Charitable Institute during 2022 was $97,377. There are 3 employees at Oregon Business Council Charitable Institute.
Here are 10 key members and their salaries:
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- Compensation: $113,966
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Official website here: www.orbusinesscouncil.org
Where can I find the form 990 for Oregon Business Council Charitable Institute?
Oregon Business Council Charitable Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orbusinesscouncil.org
Learn more at the official website: www.orbusinesscouncil.org
Mission Statement of Oregon Business Council Charitable Institute
The Oregon Business Council Charitable Institute, in alignment with the mission of the Oregon Business Council, contributes to Oregon's overall quality of life and economic prosperity. The charitable institute achieves this by receiving grants from various business and private foundations, as well as individual donors. Their primary focus is on conducting public policy projects aimed at addressing issues such as redesigning public K-12 and higher education, improving health and healthcare, upgrading transportation infrastructure, supporting economic development, reforming the state fiscal system, and reducing poverty. By engaging in these initiatives, the Oregon Business Council Charitable Institute plays a crucial role in shaping Oregon's future, ensuring a prosperous and high-quality living standard for its residents.
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Impact
July, 2024
The Oregon Business Council Charitable Institute's impact is significant in contributing to Oregon's quality of life and economic prosperity through public policy projects. These projects focus on various crucial issues such as redesigning public K-12 and higher education, improving health and healthcare, upgrading transportation infrastructure, supporting economic development, reforming the state fiscal system, and reducing poverty. Through grants from businesses, private foundations, and individual donors, the institute engages in initiatives like Oregon Healthiest State to promote healthy lifestyles and engage Oregon leaders in creating sustainable policies and systems for the betterment of the state.
This information is meant to be a general summary of Oregon Business Council Charitable Institute. 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.
- Program Service Revenue: $77,876
- Gross Receipts: $1,111,855
Assets and Liabilities:
- Total Assets: $189,939
- Total Liabilities: $122,049
- Net Assets: $67,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP SUMMIT
Revenue
$77,876
Organization Details
Founding Year
1998
Phone
(503) 595-7603Principal Officer
Duncan Wyse
Main Address
1100 SW 6TH AVENUE 1608, PORTLAND, OR, 972041017
Website
www.orbusinesscouncil.orgNTEE Category
Code: B90 - Education
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