VENTURE PORTLAND

EIN: 931111942 Community Improvement

PORTLAND, OR

Total Revenue
$1,336,406
Total Expenses
$1,269,456
Total Assets
$962,117
Net Assets
$815,639
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
OR
Principal Officer
JOY CHURCH
Phone
5034779648
Tax Period
2023-07-01 to 2024-06-30

VENTURE PORTLAND, founded in 1986, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 5% surplus.

Mission

VENTURE PORTLAND MEANS BUSINESS. THE ORGANIZATION INVESTS IN THE SMART, STRATEGIC GROWTH OF PORTLAND'S 50 UNIQUE NEIGHBORHOOD BUSINESS DISTRICTS THROUGH GRANTS, TRAINING, AND PROMOTION. TOGETHER, NEIGHBORHOOD BUSINESS DISTRICTS CONTAIN 19,200 BUSINESSES AND PROVIDE 270,000 JOBS, PLAYING A VITAL ROLE IN PORTLAND'S ECONOMY. VENTURE PORTLAND BUILDS THE CAPACITY OF AND CONNECTIONS BETWEEN THESE DISTRICTS THAT COLLECTIVELY MEET LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL DEMAND FOR GOODS AND SERVICES.

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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 $0
Program Service Revenue $1,334,741
Investment Income $1,665
Other Revenue $0
TOTAL REVENUE $1,336,406

Expense Breakdown

Grants Paid $415,800
Salaries & Benefits $744,053
Fundraising Expenses $0
Other Expenses $109,603
TOTAL EXPENSES $1,269,456

Year-over-Year Comparison

2023 2022 Change
Revenue $1,336,406 $1,324,055 +0.0%
Expenses $1,269,456 $995,092 +0.3%
Net Income $66,950 $328,963 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
17
Volunteers
13

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
5
$139,318
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOY CHURCH EXECUTIVE DI 40.00
Officer
$131,050 $8,268 $139,318
MICHAEL CHASE DIRECTOR 2.00
Director
$0 $0 $0
DANIELLE DESCHENES DIRECTOR 2.00
Director
$0 $0 $0
BEN FISHER DIRECTOR 2.00
Director
$0 $0 $0
ELENI GERDING PRESIDENT 10.00
Officer Director
$0 $0 $0
CAROLYNE HOLCOMB DIRECTOR 2.00
Director
$0 $0 $0
ERIC LARPENTEUR VICE PRESIDE 5.00
Officer Director
$0 $0 $0
GREG MADDEN DIRECTOR 2.00
Director
$0 $0 $0
NICOLE TIGNOR TREASURER 5.00
Officer Director
$0 $0 $0
CAROL TRIOCHE DIRECTOR 2.00
Director
$0 $0 $0
AMANDA TRISKELE SECRETARY 5.00
Officer 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 $1,336,406 $1,269,456 $962,117 $66,950
2023 $1,324,055 $995,092 $1,095,774 $328,963
2022 $916,928 $759,990 $439,872 $156,938
2021 $591,762 $483,713 $351,772 $108,049
2020 $661,166 $672,903 $192,054 $-11,737
2019 $677,403 $644,967 $233,044 $32,436
2018 $575,296 $580,165 $185,538 $-4,869
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