Portland Business Alliance
- Assets
- $2.9m
- Revenue
- $8.8m
- Investments
- $1.0m
- Employees
- 56
- Location
- Portland, OR
- Founding
- 07/2004
- Data as of
- 06/2021
- EIN
- 32-0016048
Organization Overview
Portland Business Alliance is located in Portland, OR. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Portland Business Alliance employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Business Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Portland Business Alliance generated $8.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $8.6m during the year ending 06/2021. While expenses have increased by 0.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE ECONOMIC PROSPERITY IN THE PORTLAND REGION BY PROVIDING STRONG LEADERSHIP, PARTNERSHIP, AND PROGRAMS THAT ENCOURAGE BUSINESS GROWTH AND VITALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT RELATIONS PROGRAM PROMOTES AND ADVOCATES PUBLIC POLICIES FOR THE DEVELOPMENT AND GROWTH OF THE CITY OF PORTLAND AND THE METROPOLITAN REGION AS A FOCUS FOR BUSINESS, PROFESSIONAL, GOVERNMENT AND CULTURAL ACTIVITIES.
PUBLIC RELATIONS, MARKETING AND BUSINESS DEVELOPMENT PROGRAMS EXIST TO SUPPORT AND ENHANCE DOWNTOWN AND OTHER PARTS OF THE PORTLAND REGION.
PUBLIC SPACE MAINTENANCE AND SECURITY PROGRAMS PROVIDE EMPLOYMENT OPPORTUNITIES, PUBLIC INFORMATION AND COMMUNITY BEAUTIFICATION FOR DOWNTOWN CITY SIDEWALKS AND OTHER PUBLIC PARKS AND FACILITIES.
BUSINESS DEVELOPMENT AND MEMBERSHIP ACTIVITIES PROVIDE SUPPORT AND EDUCATION FOR THE PORTLAND BUSINESS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Hoan President & CEO | Officer | 55 | $246,076 |
Jonathan Isaacs VP Government Affairs | 50 | $180,225 | |
Maureen Fisher VP Downtown Services | 50 | $179,386 | |
Amy Lewin VP Communications | 50 | $138,014 | |
Mari Watanabe Exec. Director, Pid | 10 | $110,212 | |
Ariana Alejandres Finance Director | 40 | $101,666 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Central City Concern Cleaning Services | 6/29/21 | $2,151,764 |
City Of Portland Police Bureau Security Services | 6/29/21 | $507,264 |
Portland Patrol Inc Security Services | 6/29/21 | $2,397,387 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,451,502 |
| Fundraising events | $26,250 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $3,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,477,752 |
| Total Program Service Revenue | $7,222,705 |
| Investment income | $16,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,654 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,830,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $317,227 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,419,375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $205,958 |
| Payroll taxes | $149,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,127 |
| Advertising and promotion | $185,840 |
| Office expenses | $482,219 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,783 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,926 |
| Insurance | $23,229 |
| All other expenses | $13,084 |
| Total functional expenses | $8,601,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $609,510 |
| Savings and temporary cash investments | $42,628 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $866,459 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $184,686 |
| Net Land, buildings, and equipment | $166,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,038,969 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,909,182 |
| Accounts payable and accrued expenses | $367,082 |
| Grants payable | $0 |
| Deferred revenue | $1,449,808 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $188,404 |
| Total liabilities | $2,005,294 |
| Net assets without donor restrictions | $903,888 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,909,182 |
Grants Awarded
Over the last fiscal year, Portland Business Alliance has awarded $31,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: Fund Portland Community College Small Business Program Scholarships | $11,000 |
Portland, OR PURPOSE: Contribution to help replace some of their vehicles which move clients to pe | $10,000 |
Portland, OR PURPOSE: Contribution for Workforce Diversity Program | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Portland Business Alliance has recieved totaling $16,500.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $12,500 |
Daniel W Hoan Foundation Inc Milwaukee, WI PURPOSE: GENERAL OPERATING | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
California Society Of Certified Public Accountants Burlingame, CA | $29,880,424 | $13,544,885 |
Association Of Washington Business Olympia, WA | $45,170,529 | $11,595,511 |
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |