Overview
What is Oregon Assn Of Minority Entreprene?
Oregon Assn Of Minority Entreprene (OAME) is a nonprofit organization situated in Portland, Oregon. Its primary mission is to foster entrepreneurship and economic development among ethnic minorities in Oregon and Southwest Washington State, aiming to combat racism and discrimination. In 2021, the organization offered free technical assistance to over 325 businesses, totaling 2,300 hours of service, and maintained contact with numerous other small businesses. OAME empowers emerging businesses to grow and create wealth for underprivileged individuals. The organization provides training in various areas, such as bookkeeping, planning, management, marketing, software, and communications, for both its staff and small business owners. During the COVID-19 pandemic, OAME distributed safety supplies and materials to the businesses it serves. With a team of 4 employees, OAME plays a vital role in supporting the growth and success of minority-owned businesses in the region.
Official website here: www.oame.org
What do the Facebook reviews say about Oregon Assn Of Minority Entreprene?
100% of 22 reviewers on Facebook recommend the Oregon Association of Minority Entrepreneurs. Here is a summary of their reviews:
Engagement and support seem to be at the forefront of what this nonprofit provides. Many users appreciate the high-quality speakers featured in meetings, indicating that the organization values informative content. Additionally, networking opportunities are highlighted as a major benefit, suggesting that members find great value in connecting with others in the entrepreneurial community.
Overall, the sentiment reflects strong approval for the nonprofit's activities and its commitment to empowering minority entrepreneurs through education and connection.
This AI summary has been generated from reviews found on Facebook.
Is Oregon Assn Of Minority Entreprene legitimate?
Oregon Assn Of Minority Entreprene is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Assn Of Minority Entreprene 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: $224,604
For more financial information, click here
Official website here: www.oame.org
What is the mission statement of Oregon Assn Of Minority Entreprene?
The Oregon Association of Minority Entrepreneurs (OAME) is organized with a mission to foster and advance entrepreneurship and economic development among ethnic minorities in Oregon and southwest Washington state. This mission aims to reduce racism and discrimination in the process. OAME provides technical assistance support to minority, women, and emerging small businesses free of charge, serving over 325 businesses in 2021, totaling over 2,300 hours of service. The organization also maintains contact with numerous small businesses throughout the year. By empowering emerging businesses to grow and hire, OAME contributes to wealth creation for underprivileged communities. Additionally, OAME offers training for staff and small business owners in various areas such as bookkeeping, planning, management, marketing, software, and communications. During the COVID-19 pandemic, OAME distributed safety supplies and materials to the businesses it serves.
Official website here: www.oame.org
Who is the CEO of Oregon Assn Of Minority Entreprene?
Samuel Brooks is the Board Chair of Oregon Assn Of Minority Entreprene.
Official website here: www.oame.org
What is the revenue of Oregon Assn Of Minority Entreprene?
Oregon Assn Of Minority Entreprene's revenue in 2021 was $586,033.
Official website here: www.oame.org
Who are the executives of Oregon Assn Of Minority Entreprene and what are their salaries?
The average compensation at Oregon Assn Of Minority Entreprene during 2021 was $56,151. There are 4 employees and 60 volunteers at Oregon Assn Of Minority Entreprene.
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Official website here: www.oame.org
Where can I find the form 990 for Oregon Assn Of Minority Entreprene?
Oregon Assn Of Minority Entreprene's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.oame.org
Learn more at the official website: www.oame.org
Mission Statement of Oregon Assn Of Minority Entreprene
Oregon Association of Minority Entrepreneurs, often abbreviated as OAME, is a nonprofit organization with a mission to foster and advance entrepreneurship and economic development among ethnic minorities in Oregon and Southwest Washington State. Their primary goal is to combat racism and discrimination by providing a platform for these communities to thrive economically.
By organizing and promoting entrepreneurial opportunities, OAME aims to reduce barriers and level the playing field for ethnic minorities in business. Their activities are designed to support minority, women, and emerging small businesses, offering them technical assistance and resources at no cost. In 2021, OAME served over 325 businesses, contributing over 2,300 hours of service. Their efforts have not only aided in the growth of these businesses but also in creating wealth for communities that traditionally have been underserved.
OAME offers training programs for both their staff and small business owners. These courses cover essential skills such as bookkeeping, planning, management, marketing, software, and communications. Additionally, OAME distributed COVID-19 safety supplies to the businesses they serve during the pandemic, demonstrating their commitment to supporting their community during challenging times.
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Impact
October, 2024
The Oregon Association of Minority Entrepreneurs (OAME) plays a crucial role in fostering entrepreneurship and driving economic development for ethnic minorities in Oregon and Southwest Washington. By providing free technical assistance to minority, women, and emerging small businesses, OAME facilitates growth and expansion within these communities. In 2021 alone, OAME supported over 325 individual businesses, contributing 2,300 hours of service.
Through its comprehensive training programs, OAME equips small business owners and staff with essential skills in bookkeeping, planning, management, marketing, software, and communications. This training empowers businesses to enhance their operations and improve their chances of success. OAME is also proactive in addressing challenges that have arisen during the COVID-19 pandemic by distributing safety supplies to the businesses it serves.
By enabling emerging businesses to grow and create jobs, OAME not only fosters wealth creation in underprivileged communities but also contributes to reducing racism and discrimination in the economic landscape. Overall, OAME’s efforts significantly impact the local economy by empowering minority entrepreneurs and enhancing community wellbeing.
This information is meant to be a general summary of Oregon Assn Of Minority Entreprene. 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 2021.
- Investment Income: $539
- Program Service Revenue: $198,423
- Gross Receipts: $586,033
Assets and Liabilities:
- Total Assets: $219,864
- Total Liabilities: $0
- Net Assets: $219,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM MANAGEMENT FEES
Revenue
$198,423
Organization Details
Founding Year
1990
Phone
(503) 249-7744Principal Officer
Samuel Brooks
Main Address
731 N HAYDEN MEADOWS DR, PORTLAND, OR, 97217
Website
www.oame.orgNTEE Category
Code: S43 - Community improvement
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