Oregon Northwest Workforce Investment Board

EIN: 473200676 501(c)(3) Employment

LINCOLN CITY, OR

Total Revenue
$3,935,526
Total Expenses
$3,666,718
Total Assets
$1,740,848
Net Assets
$537,090
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
OR
Phone
5419217311
Tax Period
2023-07-01 to 2024-06-30

Oregon Northwest Workforce Investment Board, founded in 2015, is a community nonprofit in the Employment sector that reported $3.9M in total revenue in fiscal year 2023. Expenses of $3.7M left a modest 7% surplus.

Mission

ADVANCE A COLLABORATIVE, SOLUTIONS-BASED WORKFORCE SYSTEM THAT POSITIVELY IMPACTS THE PROSPERITY OF OUR COMMUNITIES BY MEETING THE NEEDS OF BUSINESS AND INDUSTRY THROUGH A SKILLED WORKFORCE.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,922,996
Program Service Revenue $12,530
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,935,526

Expense Breakdown

Grants Paid $2,085,871
Salaries & Benefits $865,310
Fundraising Expenses $1,200
Program Expenses $3,341,373
Other Expenses $715,537
TOTAL EXPENSES $3,666,718

Year-over-Year Comparison

2023 2022 Change
Revenue $3,935,526 $4,134,226 0.0%
Expenses $3,666,718 $4,301,457 -0.1%
Net Income $268,808 $-167,231 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
18
Independent Members
18
Employees
4
Volunteers
N/A

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
2
$223,922
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heather DeSart Executive Dir. 40.00
Officer
$137,543 $0 $137,543
Jason Swain CFO 40.00
Officer
$86,379 $0 $86,379
Tony Erickson Chairman 2.00
Director
$0 $0 $0
Linda Dugan Member 1.00
Director
$0 $0 $0
Kirstin Salmi Treasurer 2.00
Director
$0 $0 $0
Carrie Norris Member 1.00
Director
$0 $0 $0
Paul Davis Member 1.00
Director
$0 $0 $0
Anne Buchele Member 1.00
Director
$0 $0 $0
Lauren Smith Member 1.00
Director
$0 $0 $0
Mario Calderon Member 1.00
Director
$0 $0 $0
Whitey Forsman Member 1.00
Director
$0 $0 $0
Than Tussing Member 1.00
Director
$0 $0 $0
John Hawkins Member 1.00
Director
$0 $0 $0
Angeline Chan-Pepper Member 1.00
Director
$0 $0 $0
Todd Simmons Member 1.00
Director
$0 $0 $0
Heather Taksdal Member 1.00
Director
$0 $0 $0
Gabe Gurule Member 1.00
Director
$0 $0 $0
Eric Sherman Member 1.00
Director
$0 $0 $0
Zachary Poole Vice Chair 2.00
Director
$0 $0 $0
Terre Cooper Member 1.00
Director
$0 $0 $0
Greg Morrill Member 1.00
Director
$0 $0 $0
Lisa Avery Member 1.00
Director
$0 $0 $0
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 No data No data No data No data
2024 $3,935,526 $3,666,718 $1,740,848 $268,808
2023 $4,134,226 $4,301,457 $1,128,759 $-167,231
2022 $3,228,635 $2,855,103 $2,153,669 $373,532
2021 $2,477,767 $2,522,308 $646,461 $-44,541
2019 $2,244,512 $2,139,538 $578,908 $104,974
2018 $2,079,497 $2,145,983 $410,748 $-66,486
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