NORTHWEST HUB

EIN: 320439729 501(c)(3) Public & Societal Benefit

SALEM, OR

Total Revenue
$610,193
Total Expenses
$566,637
Total Assets
$109,429
Net Assets
$55,476
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OR
Principal Officer
KIRK A SEYFERT
Phone
5035841052
Tax Period
2024-04-01 to 2025-03-31

NORTHWEST HUB, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $610K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $567K left a modest 7% surplus.

Mission

NORTHWEST HUB MOBILIZES AND EMPOWERS THROUGH BICYCLE RECLAMATION,SKILL/VOCATIONAL TRAINING AND BICYCLE WASTE DIVERSION. CLIENTS GAIN MOBILITY AND SKILLS NEEDED TO JOURNEY THROUGH LIFE TRANSITIONS IE PROBATION REENTRY, DEPENDENCY TREATMENT, RESETTLEMENT AND HOMELESSNESS. DISCOUNTS,INCOME-BASED SALES AND SERVICE PROVIDED TO THE BROADER COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $419,471

RECYCLING AND REUSE NORTHWEST HUB DIVERTS BICYCLE-RELATED WASTE FROM AREA LANDFILLS THROUGH OUR COLLABORATION WITH MARION COUNTY ENVIRONMENTAL SERVICES. IN ADDITION TO REFURBISHING APPROXIMATELY...

Read more

RECYCLING AND REUSE NORTHWEST HUB DIVERTS BICYCLE-RELATED WASTE FROM AREA LANDFILLS THROUGH OUR COLLABORATION WITH MARION COUNTY ENVIRONMENTAL SERVICES. IN ADDITION TO REFURBISHING APPROXIMATELY 1,200 BICYCLES AND REUSE OF THOUSANDS OF COMPONENTS, TIRES AND TUBES, 56,302 POUNDS STEEL AND ALLOY FROM BICYCLE-RELATED WASTE WAS RECYCLED. VOLUNTEER PURCHASE PROGRAM THE NORTHWEST HUB PROVIDED 463 COMPLETE BICYCLE COMMUTER PACKAGES FOR ESSENTIAL TRANSPORTATION. THESE COMMUTER PACKAGES INCLUDE A BICYCLE, HIGH SECURITY U-LOCK, LIGHTS, HELMET, AND ESSENTIAL ACCESSORIES, ALLOWING CLIENTS TO SEEK EMPLOYMENT, COMMUTE TO WORK AND MEET BASIC TRANSPORTATION NEEDS (REFURBISHED BIKES, LOCKS, LIGHTS, AND HELMETS REQUIRE 67 WHOLESALE GOODS PER RECIPIENT, ATOP STAFF TIME, TRAINING, AND EACH DONATED BICYCLE'S MARKET VALUE. REFERRED PREDOMINANTLY BY PAROLE RESOURCES, OREGON YOUTH AUTHORITY, HOMELESS SHELTERS, TREATMENT PROGRAMS AND SALEM FOR REFUGEES. BIKE RECIPIENTS COMMUTE BY BIKE BECAUSE THEY CANNOT AFFORD OR RELY UPON SALEM'S LIMITED PUBLIC TRANSPORTATION SYSTEM. TRAINEES RECEIVED OVER 4,496 HOURS OF SKILLS TRAINING AND OVERSIGHT OF BICYCLE RECLAMATION AND REPAIR EFFORTS. VOCATIONAL REHABILITATION AND SKILLS TRAINING NORTHWEST HUB COMPLETED ANOTHER YEAR OF VOCATIONAL TRAINING FOR YOUNG ADULTS WHO ARE ON PROBATION AND/OR HOMELESS. A TOTAL OF FIVE YOUNG PEOPLE PARTICIPATED IN A 6-MONTH PROGRAM WHICH PROVIDES THEM LIFE SKILLS TRAINING, JOB TRAINING, LICENSED COUNSELING, AND TRANSITIONAL EMPLOYMENT. FIVE INTERNS SUCCESSFULLY PROCURED EMPLOYMENT OR HIGHER EDUCATIONAL OPPORTUNITIES UPON GRADUATION. THE NORTHWEST HUB CURRENTLY EMPLOYS FIVE STAFF HIRED THROUGH VOCATIONAL REHABILITATION PROGRAMS THROUGH OREGON EMPLOYMENT DEPARTMENT, EASTER SEALS, AND NORTHWEST HUB'S FRAME UP PROGRAM. AS A CONTRACT PROVIDER FOR OED AND DHS'S SKILLS TRAINING AND EMPLOYMENT PROGRAM AND EASTER SEALS SCSEP PROGRAM, FOUR CURRENT PARTICIPANTS ARE RECEIVING TECHNICAL AND JOB TRAINING. OTHER SERVICES PROVIDED WE SERVED LOW INCOME STUDENTS AT 8 COMMUNITY EVENTS DURING THE PAST FISCAL YEAR. SAFE ROUTES TO SCHOOLS ACCOUNTED FOR MOST EVENTS IN WHICH WE OFFERED FREE REPAIRS AND HELMETS TO PREDOMINANTLY TITLE-ONE STUDENT FAMILIES. ADDITIONALLY, WE DISTRIBUTED 47 BIKES AND PROVIDED 104 BICYCLE COMMUTER PACKAGES TO LOW-INCOME COMMUNITIES IN NORTH MARION COUNTY. INCOME BASED DONATIONS AND DISCOUNTS REDUCED AND NO COST GOODS AND SERVICES WERE PROVIDED TO SNAP BENEFICIARIES AND LOW INCOME CLIENTS. THIS INCLUDED 70,763 FREE IN STORE GOODS AND SERVICES; 21,736 INCOME BASED DISCOUNTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $176,625
Program Service Revenue $0
Investment Income $151
Other Revenue $433,417
TOTAL REVENUE $610,193

Expense Breakdown

Grants Paid $0
Salaries & Benefits $441,596
Fundraising Expenses $27,874
Program Expenses $419,471
Other Expenses $125,041
TOTAL EXPENSES $566,637

Year-over-Year Comparison

2024 2023 Change
Revenue $610,193 $409,241 +0.5%
Expenses $566,637 $468,830 +0.2%
Net Income $43,556 $-59,589 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
18
Volunteers
280

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$69,550
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT STONE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL LINDLEY SECRETARY 0.00
Officer Director
$0 $0 $0
SUSAN REDMOND TREASURER 4.00
Officer Director
$0 $0 $0
GARY PULLMAN DIRECTOR 1.00
Director
$0 $0 $0
JAMES CASEY DIRECTOR 6.00
Director
$0 $0 $0
KIRK A SEYFERT EXECUTIVE DI 42.00
Officer
$69,550 $0 $69,550
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $610,193 $566,637 $109,429 $43,556
2024 $409,241 $468,830 $106,335 $-59,589
2022 $423,624 $445,956 $153,109 $-22,332
2021 $429,335 $386,493 $167,029 $42,842
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NORTHWEST HUB with other nonprofits in Oregon and across the country.