Philippine American Chamber Of Commerce Of Oregon
- Assets
- $162.8k
- Revenue
- $841.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Portland, OR
- Founding
- 12/1998
- Data as of
- 12/2021
- EIN
- 93-1224062
Organization Overview
Philippine American Chamber Of Commerce Of Oregon is located in Portland, OR. The organization was established in 1998. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Philippine American Chamber Of Commerce Of Oregon employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philippine American Chamber Of Commerce Of Oregon 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 12/2021, Philippine American Chamber Of Commerce Of Oregon generated $841.9k in total revenue. All expenses for the organization totaled $797.6k during the year ending 12/2021. While expenses have increased by 97.4% per year over the past 5 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.
Since 2020, Philippine American Chamber Of Commerce Of Oregon has awarded 39 individual grants totaling $837,538. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PHILIPPINE AMERICAN CHAMBER OF COMMERCE OF OREGON (PACCO) IS A WELCOMING AND INCLUSIVE COMMUNITY ORGANIZED TO PROMOTE ECONOMIC EMPOWERMENT AND RESILIENCY FOR HISTORICALLY MARGINALIZED, ECONOMICALLY DISADVANTAGED, UNDERSERVED AND UNDER-RESOURCED COMMUNITIES. WE GROUND OUR EFFORTS IN RACIAL EQUITY AND PROMOTE ENTREPRENEURISM, EDUCATION, PROFESSIONAL GROWTH, CIVIC ENGAGEMENT, AND BUSINESS DEVELOPMENT BY PROVIDING SCHOLARSHIPS, LEADERSHIP TRAINING PROGRAMS, TECHNICAL ASSISTANCE, NETWORKING AND RELEVANT WORKSHOPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE ECONOMIC EMPOWERMENT AND RESILIENCY FOR HISTORICALLY MARGINALIZED, ECONOMICALLY DISADVANTAGED,VUNDERSERVED AND UNDER-RESOURCED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaime Lim Board Member | Officer | 3 | $0 |
Dolly Specht Board Member | Officer | 0 | $0 |
Noelle Tadeo Secretary | Officer | 1 | $0 |
Joseph Eustaquio Treasurer (o | Officer | 6 | $0 |
Janice Mason President | Officer | 10 | $0 |
Dory Osilla-Lim Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,740 |
| Fundraising events | $0 |
| Related organizations | $32,177 |
| Government grants | $686,886 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,084 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $831,887 |
| Total Program Service Revenue | $9,980 |
| Investment income | $0 |
| 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 | $841,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $453,250 |
| Grants and other assistance to domestic individuals. | $75,555 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,532 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,578 |
| Fees for services: Management | $151,402 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,838 |
| Advertising and promotion | $0 |
| Office expenses | $10,750 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,896 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $685 |
| Interest | $18 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,345 |
| All other expenses | $0 |
| Total functional expenses | $797,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,836 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $162,836 |
| Accounts payable and accrued expenses | $5,451 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $22,967 |
| Total liabilities | $28,418 |
| Net assets without donor restrictions | $102,193 |
| Net assets with donor restrictions | $32,225 |
| 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 | $162,836 |
Grants Awarded
Over the last fiscal year, Philippine American Chamber Of Commerce Of Oregon has awarded $421,240 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR | | $192,030 |
TAMALE BOY | | | $15,000 |
P-DINH FINISHING BINDERY INC | | | $13,225 |
FORK AND SPOON FOODHOUSE LLC | | | $13,225 |
ROBS AUTO REPAIR LLC | | | $13,225 |
COCO DONUTS PDX INC | | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Philippine American Chamber Of Commerce Of Oregon has recieved totaling $75,112.
| Awarding Organization | Amount |
|---|---|
IKEA US Community Foundation Wilmington, DE PURPOSE: BLACK AMERICAN CHAMBER OF COMMERCE FOUNDATION BUSINESS SUPPORT INITIATIVE | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Open Doors International Inc Santa Ana, CA | $35,486,759 | $37,474,297 |
International Association Of Plumbing And Mechanical Officials Ontario, CA | $40,847,771 | $15,379,959 |
Agape International Missions Roseville, CA | $8,950,896 | $9,104,430 |
Peacetrees Vietnam Seattle, WA | $2,139,749 | $3,412,761 |
Rancho De Sus Ninos Inc Portero, CA | $630,290 | $2,203,772 |
International Assn Of Bridge Structural & Ornamental Iron Worke Fresno, CA | $1,863,658 | $2,063,307 |
Fusion Global Inc North Hollywood, CA | $497,995 | $1,239,925 |
International Union Of Elevator Constructors Portland, OR | $1,150,363 | $839,241 |
Philippine American Chamber Of Commerce Of Oregon Portland, OR | $162,836 | $841,867 |
Perinatal Support Washington Seattle, WA | $981,802 | $1,020,779 |
International Ombudsman Association Seattle, WA | $820,018 | $762,400 |
International Union Of Elevator Constructors Glendora, CA | $12,963,781 | $1,108,495 |