Friends Of Pir Inc
- Assets
- $34.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 08/2007
- Data as of
- 09/2021
- EIN
- 20-5488335
Organization Overview
Friends Of Pir Inc is located in Portland, OR. The organization was established in 2007. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Pir Inc 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 09/2021, Friends Of Pir Inc generated $130.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $132.2k during the year ending 09/2021. While expenses have increased by 5.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING AND ENHANCING PORTLAND INTERNATIONAL RACEWAY (PIR), A MOTORSPORT FACILITY OWNED BY THE CITY OF PORTLAND.
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT TO PORTLAND INTERNATIONAL RACEWAY TO ENABLE PIR TO PURCHASE CERTAIN EQUIPMENT TO BE USED AT RACING EVENTS, AND ASSIST IN PROVIDING SUPPORT FOR THE CONSTRUCTION OF CERTAIN RACEWAY IMPROVEMENTS.
DEVELOP, PROMOTE, AND OPERATE THE HISTORICALLY SIGNIFICANT ROSE CUP RACES, AN ANNUAL EVENT FROM THE ROSE FESTIVAL FOUNDATION. CONTINUE FOSTERING A COOPERATIVE WORKING RELATIONSHIP BETWEEN THE CASCADE SPORTS CAR CLUB AND THE OREGON REGION SCCA TO SUPPORT THE OPERATIONS OF THE EVENT.
PROVIDE SUPPORT TO PORTLAND INTERNATIONAL RACEWAY DURING THE INDYCAR EVENT.
PROVIDE SUPPORT TO PORTLAND INTERNATIONAL RACEWAY TO ENABLE PIR TO PURCHASE CERTAIN EQUIPMENT TO BE USED AT RACING EVENTS, AND ASSIST IN PROVIDING SUPPORT FOR THE CONSTRUCTION OF CERTAIN RACEWAY IMPROVEMENTS.
DEVELOP, PROMOTE, AND OPERATE THE HISTORICALLY SIGNIFICANT ROSE CUP RACES, AN ANNUAL EVENT FROM THE ROSE FESTIVAL FOUNDATION. CONTINUE FOSTERING A COOPERATIVE WORKING RELATIONSHIP BETWEEN THE CASCADE SPORTS CAR CLUB AND THE OREGON REGION SCCA TO SUPPORT THE OPERATIONS OF THE EVENT.
PROVIDE SUPPORT TO PORTLAND INTERNATIONAL RACEWAY DURING THE INDYCAR EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Leblanc President | 1 | $0 | |
Trent Thelen Treasurer | 1 | $0 | |
Verne Naito Director | 1 | $0 | |
Jason Henshaw Director | 1 | $0 | |
Brooks Cooper Director | 1 | $0 | |
David Pollock Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,494 |
| Total Program Service Revenue | $110,896 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,390 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $37,002 |
| Occupancy, rent, utilities, and maintenance | $24,217 |
| Printing, publications, postage, and shipping | $110 |
| Other expenses | $61,498 |
| Total expenses | $132,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,198 |
| Other assets | $0 |
| Total assets | $34,198 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,198 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Pir Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Lamb-Baldwin Foundation Lake Oswego, OR PURPOSE: FUNDING FOR THE FOPIR PAVILION | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bardeen Partners Inc Irvine, CA | $221,953,090 | $8,491,991 |
Eic Qalicb Inc San Jose, CA | $0 | $8,365,569 |
Bishop Gorman Development Corporation Las Vegas, NV | $36,116,294 | $2,816,340 |
County Of Mono Economic Development Corporation Bridgeport, CA | $20,790,900 | $998,764 |
Oregon State Capitol Foundation Salem, OR | $1,845,972 | $632,873 |
Inland Empire Community Collaborative San Bernardino, CA | $718,042 | $825,568 |
Natan Foundation La Jolla, CA | $5,304,765 | $504,348 |
Mendocino County Public Facilities Corporation Ukiah, CA | $38,712,393 | $1,864,827 |
The American Friends Of The Citizens Empowerment Ctr In Israel Beverly Hills, CA | $1,447 | $561,000 |
United Service Organizations Seattle, WA | $0 | $68,520 |
Santa Barbara Public Library Foundation Santa Barbara, CA | $3,473,358 | $1,440,574 |
Wisdom & Money Menlo Park, CA | $331,968 | $428,077 |