Verde

Organization Overview

Verde is located in Portland, OR. The organization was established in 2006. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Verde employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verde is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Verde generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $3.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

VERDE SERVES COMMUNITIES BY BUILDING ENVIRONMENTAL WEALTH THROUGH SOCIAL ENTERPRISE, OUTREACH AND ADVOCACY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VERDE BUILDS: VERDE BUILDS IS A LICENSED AND BONDED COMMERCIAL GENERAL CONTRACTOR LEVEL 2 IN THE STATE OF OREGON. VERDE BUILDS WAS ESTABLISHED TO CREATE CONTRACT OPPORTUNITIES WITH MINORITY-OWNED AND WOMEN-OWNED BUSINESSES AND TO PROVIDE WORKFORCE DEVELOPMENT OPPORTUNITIES FOR PEOPLE WHO COME FROM LOW-INCOME, PEOPLE-OF-COLOR COMMUNITIES WHO ARE OFTEN LEFT OUT OF PORTLANDS GREEN ECONOMY.


ENERGY, CLIMATE & TRANSPORTATION: THE ENERGY, CLIMATE & TRANSPORTATION PROGRAM BUILDS THE POWER OF LOW-INCOME PEOPLE AND PEOPLE OF COLOR THROUGH EDUCATION, GRASSROOTS ORGANIZING, AND POLICY ADVOCACY TO CREATE POLICY AND INVESTMENTS TO BENEFIT LOW-INCOME AND PEOPLE OF COLOR COMMUNITIES. THE PROGRAM FOCUSES ON REDUCING ENERGY COST BURDEN, REDUCING CARBON, AND MAKING MOBILITY A UNIVERSAL RIGHT.


SUMA: VERDE SERVES AS SUMA'S FISCAL SPONSOR PER A WRITTEN FISCAL SPONSORSHIP AGREEMENT. IN SUPPORT OF ITS CHARITABLE PURPOSE, SUMA CARRIES OUT THE FOLLOWING ACTIVITIES: DIGITAL ORGANIZING - SUMA WORKS WITH VERDE AND OTHER PARTNERS TO BUILD TECHNOLOGY CAPACITY IN FRONTLINE COMMUNITIES; DIGITAL ENTERPRISE - SUMA WORKS WITH VERDE AND OTHER PARTNERS TO DEVELOP AND IMPLEMENT A DIGITAL PLATFORM THAT INCREASES ACCESS TO ENVIRONMENTAL SERVICES FOR FRONTLINE COMMUNITIES; DIGITAL JUSTICE - SUMA WORKS WITH VERDE AND OTHER PARTNERS TO INCREASE FRONTLINE COMMUNITY LEADERSHIP OF TECHNOLOGY POLICYMAKING, INCLUDING ENVIRONMENTAL TECHNOLOGIES.


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Board, Officers & Key Employees

Name (title)Compensation
Candace Avalos
Executive Dir.
$58,849
Ricardo Moreno
Interim E.d.
$18,751
Tony Defalco
Former E.d.
$12,237
Desiree Williams-Rajee
Chair
$0
Sara Lewis
Board Secretary
$0
Maggie Reilly
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nw Infrastructure
Contractor
$1,712,567
Interlaken Inc
Excavation
$226,360
Blossom Earthworks
Irrigation Install
$135,234
Probity Builder
Consulting
$137,434
Neil Kelly
Contractor
$140,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,121,812
All other contributions, gifts, grants, and similar amounts not included above$1,615,245
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,737,057
Total Program Service Revenue$665,404
Investment income $955
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,406,830

Grants Recieved

Over the last fiscal year, we have identified 33 grants that Verde has recieved totaling $2,005,054.

Awarding OrganizationAmount
Kresge Foundation

Troy, MI

PURPOSE: OPERATING SUPPORT TO CONTINUE TO BOLSTER VERDE'S LIVING CULLY CREATIVE PLACEMAKING ACTIVITIES AND PARTICIPATION IN KRESGE'S BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE.

$200,000
United States Energy Foundation

San Francisco, CA

PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.

$182,500
Amalgamated Charitable Foundation Inc

Washington, DC

PURPOSE: General operating support

$146,539
Meyer Memorial Trust

Portland, OR

PURPOSE: FOR LIVING CULLY, A COLLABORATIVE THAT WORKS TO ADDRESS DISPARITIES IN HOUSING, INCOME, HEALTH, EDUCATION AND NATURAL RESOURCES IN PORTLAND'S CULLY NEIGHBORHOOD

$125,000
Meyer Memorial Trust

Portland, OR

PURPOSE: FOR LIVING CULLY, A COLLABORATIVE THAT WORKS TO ADDRESS DISPARITIES IN HOUSING, INCOME, HEALTH, EDUCATION AND NATURAL RESOURCES IN PORTLAND'S CULLY NEIGHBORHOOD

$125,000
Meyer Memorial Trust

Portland, OR

PURPOSE: FOR OPERATING SUPPORT OF THIS ORGANIZATION THAT WORKS TO SECURE SOCIAL, ECONOMIC AND ENVIRONMENTAL BENEFITS FOR LOW-INCOME PEOPLE AND PEOPLE OF COLOR THROUGH SOCIAL ENTERPRISE, OUTREACH AND ADVOCACY

$120,000
View Grant Recipient Profile

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