STRATEGY STUDIO / PUBLIC DATA EXPLORER

GREATER PORTLAND INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GREATER PORTLAND INC (EIN 20-5922785)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202403209349322620
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T16:48:21-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN930928924PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PERKINS & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11211 SW FIFTH AVE SUITE 1000AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205922785EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREATER PORTLAND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREABusinessNameControlTxt
Phone5034458065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 SW COLUMBIA ST 1180AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMONIQUE CLAIBORNEPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone5034458065PhoneNum
Signature2024-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICHOLAS MURRAYPreparerPersonNm
PTINP01939612PTIN
Phone5032210336PhoneNum
Preparation2024-11-07PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMONIQUE CLAIBORNEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 SW COLUMBIA ST 1180AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97201ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$942,552GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.GREATERPORTLANDINC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateORLegalDomicileStateCd
Activity Or MissionTO PROMOTE A SUSTAINABLE AND VIBRANT ECONOMIC FUTURE FOR THE PORTLAND-VANCOUVER METROPOLITAN AREAActivityOrMissionDesc
Voting Members Governing Body34VotingMembersGoverningBodyCnt
Voting Members Independent34VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers40TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$841,363PYContributionsGrantsAmt
CY Contributions Grants$863,400CYContributionsGrantsAmt
PY Program Service Revenue$83,892PYProgramServiceRevenueAmt
CY Program Service Revenue$79,113CYProgramServiceRevenueAmt
PY Investment Income$96PYInvestmentIncomeAmt
CY Investment Income$39CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$925,351PYTotalRevenueAmt
CY Total Revenue$942,552CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$610,637PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$753,106CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$473,637PYOtherExpensesAmt
CY Other Expenses$649,324CYOtherExpensesAmt
PY Total Expenses$1,084,274PYTotalExpensesAmt
CY Total Expenses$1,402,430CYTotalExpensesAmt
PY Revenues Less Expenses-$158,923PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$459,878CYRevenuesLessExpensesAmt
Total Assets BOY$881,939TotalAssetsBOYAmt
Total Assets EOY$491,114TotalAssetsEOYAmt
Total Liabilities BOY$111,823TotalLiabilitiesBOYAmt
Total Liabilities EOY$180,876TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$770,116NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$310,238NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionGREATER PORTLAND INC. IS A PRIVATE-SECTOR SUPPORTED ECONOMIC DEVELOPMENT ORGANIZATION WHOSE MISSION IS TO PROMOTE THE GREATER PORTLAND METROPOLITAN AREA TO BRING GOOD COMPANIES AND JOBS TO THE REGION AND TO SUPPORT AND GROW THE DIVERSE BUSINESSES THAT HAVE MADE THEIR HOME HERE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescBUSINESS DEVELOPMENT:DURING 2023, GREATER PORTLAND INC. ("GPI") CONTINUED TO ASSIST WITH BUSINESS RECRUITMENT BY CREATING TARGETED AWARENESS OF THE VALUE PROPOSITION FOR THE REGION AS A PLACE FOR BUSINESS AND GROWS THE RECRUITMENT FUNNEL TO BRING TRADED-SECTOR EXPANSION AND RELOCATION PROJECTS TO THE REGION THROUGH THE FOLLOWING:COORDINATION OF TAILORED RESEARCH FOR SUITABLE LAND AND BUILDINGS, LABOR AVAILABILITY, AND OTHER RELEVANT INFORMATION.FACILITATION OF KEY PARTNERSHIPS WITH LOCAL UTILITY COMPANIES, HIGHER EDUCATION AND OTHER BUSINESS DEVELOPMENT PARTNERS.ASSISTANCE TO LOCAL COMMUNITY PARTNERS WITH BUSINESS RETENTION/EXPANSION AND GENERAL ECONOMIC DEVELOPMENT EFFORTS THROUGH THE FOLLOWING:PREPARATION OF THE MOST CURRENT MARKET, ECONOMIC AND DEMOGRAPHIC INFORMATION.DEVELOPMENT OF THE GREATER PORTLAND GLOBAL PLAN TO INCREASE EXPORTS AND FOREIGN DIRECT INVESTMENT ACTIVITY IN THE REGION.ABILITY TO PROVIDE INDUSTRY AND MARKET ANALYSIS, ECONOMIC AND FISCAL ANALYSIS AND OPERATION COST COMPARISON ANALYSIS.IN 2023, GPI BROUGHT 751 NEW JOBS TO THE REGION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescINVESTOR RELATIONS:GPI CONTINUED TO DEVELOP AND EXECUTE A STRATEGY THAT TARGETS AND GARNERS NEW INVESTORS, AS WELL AS STRATEGICALLY ENGAGING EXSISTING INVESTORS AND REGIONAL STAKEHOLDERS TO SUSTAIN ORGANIZATIONAL VIABILITY AND RELEVANCY THROUGH THE FOLLOWING:CONDUCTS REGULAR OUTREACH TO INVESTORS AND STAKEHOLDERS THROUGH COMMUNICATIONS, MEETINGS AND EVENTS TO INCREASE THE VISIBILITY OF GPI IN THE COMMUNITY, SHARE GPI INFORMATION AND BETTER UNDERSTAND STAKEHOLDER INTERESTS AND NEEDS RELATIVE TO REGIONAL ECONOMIC DEVELOPMENT.GPI'S AMBASSADOR PROGRAM HOSTS EVENTS WHERE EMERGING LEADERS LEARN ABOUT REGIONAL ASSETS, COLLECTIVE AND INDIVIDUAL STRENGTHS OF COMPANIES AND INSTITUTIONS, SUCCESSES AND CHALLENGES IN GROWING THE ECONOMY AND BUILD AN OVERALL UNDERSTANDING OF HOW PUBLIC AND PRIVATE ENTITIES WORK TOGETHER TO STRENGTHEN OUR REGION. THIS ENSURES THAT GPI'S AMBASSADORS ARE EDUCATED THOUGHT-LEADERS WHO UNDERSTAND THE INTRICACIES OF REGIONAL ECONOMIC ISSUES AND OUR DEVELOPMENT STRATEGIES.IN 2023, GPI HOSTED AMBASSADOR EVENTS, INCLUDING THE GREATER PORTLAND ECONOMIC SUMMIT, WHICH FOCUSED ON THE ROLE OF THE PRIVATE SECTOR IN OUR REGION'S RECOVERY. 200 COMMUNITY LEADERS ATTENDED THIS EVENT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescREGIONAL STRATEGY:GPI MANAGED THE REGION'S FIVE-YEAR COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS) FOR 2022-2027. 250 INDIVIDUALS REPRESENTING 100+ ORGANIZATIONS CONTRIBUTED TO THE CEDS. GPI WILL SERVE A LEADERSHIP ROLE IN 9 OF THE 44 RECOMMENDATIONS.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members34GoverningBodyVotingMembersCnt
Independent Voting Member34IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JON MARTIN CO RAVENSVIEWBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5038939625PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16700 SW 105TH AVE SUITE 109AddressLine1Txt
CityBEAVERTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97008ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ALAN GARCIA
SECRETARY & DIRECTOR4.004.00Yes (X)Yes (X)$0$0$0
ANNE MCENERNY-OGLE
VICE CHAIR & DIRECTOR4.002.00Yes (X)Yes (X)$0$0$0
GABE GOMEZ
TREASURER & DIRECTOR4.000.00Yes (X)Yes (X)$0$0$0
MICHELLE WEISENBACH
CHAIR & DIRECTOR4.000.00Yes (X)Yes (X)$0$0$0
MIKE HURLEY
PAST CHAIR & DIRECTOR2.000.00Yes (X)Yes (X)$0$0$0
RANDY EALY
VICE CHAIR & DIRECTOR4.004.00Yes (X)Yes (X)$0$0$0
AMY WINTEROWD
DIRECTOR2.000.00Yes (X)$0$0$0
ANDREW HOAN
DIRECTOR2.002.00Yes (X)$0$0$0
BILL DOLAN
DIRECTOR2.000.00Yes (X)$0$0$0
DAN MEHLS
DIRECTOR2.000.00Yes (X)$0$0$0
FRANK BUBENIK
DIRECTOR2.002.00Yes (X)$0$0$0
JENNIFER BAKER
DIRECTOR2.000.00Yes (X)$0$0$0
JERRY WILLEY
DIRECTOR2.000.00Yes (X)$0$0$0
JIM MARK
DIRECTOR2.000.00Yes (X)$0$0$0
KIMBERLY BRANAM
DIRECTOR2.002.00Yes (X)$0$0$0
LACEY BEATY
DIRECTOR2.000.00Yes (X)$0$0$0
LORI STEGMANN
DIRECTOR2.002.00Yes (X)$0$0$0
MARION HAYNES
DIRECTOR2.000.00Yes (X)$0$0$0
MARTHA SCHRADER
DIRECTOR2.000.00Yes (X)$0$0$0
MEL NETZHAMMER
DIRECTOR2.002.00Yes (X)$0$0$0
RANDY MILLER
DIRECTOR2.000.00Yes (X)$0$0$0
STEVE CALLAWAY
DIRECTOR2.000.00Yes (X)$0$0$0
TAMARA KENNEDY-HILL
DIRECTOR2.000.00Yes (X)$0$0$0
TED WHEELER
DIRECTOR2.000.00Yes (X)$0$0$0
TIM COOK
DIRECTOR2.002.00Yes (X)$0$0$0
TINA GULDBERG
DIRECTOR2.000.00Yes (X)$0$0$0
TRAVIS STOVALL
DIRECTOR2.000.00Yes (X)$0$0$0
MIKE BOMAR
DIRECTOR2.004.00Yes (X)$0$0$0
SEAN CLARK
DIRECTOR2.000.00Yes (X)$0$0$0
MIRIAM HALLIDAY
DIRECTOR2.000.00Yes (X)$0$0$0
MIKE KERR
DIRECTOR2.000.00Yes (X)$0$0$0
DAN MALINARIC
DIRECTOR2.000.00Yes (X)$0$0$0
ASHTON SIMPSON
DIRECTOR2.000.00Yes (X)$0$0$0
BRIGITTE SUTHERLAND
DIRECTOR2.000.00Yes (X)$0$0$0
MONIQUE CLAIBORNE
PRESIDENT & CEO34.006.00Yes (X)$181,963$48,050$18,512
JAMES RADER
CFO7.002.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$181,963TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$48,050TotReportableCompRltdOrgAmt
Total Other Compensation$18,512TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$863,400MembershipDuesAmt
Total Contributions$863,400TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEVENT REVENUEDesc
Business561499BusinessCd
Total Revenue Column$79,113TotalRevenueColumnAmt
Related Or Exempt Func Income$79,113RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$79,113TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$39TotalRevenueColumnAmt
Exclusion$39ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$942,552TotalRevenueColumnAmt
Related Or Exempt Func Income$79,113RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$39ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$196,608TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$431,225TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$19,665TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$38,336TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$67,272TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$133,802TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$100,336TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,919TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$41,326TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$34,943TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$39,983TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$265,617TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,060TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,163TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDUES AND SUBSCRIPTIONSDesc
Total$21,175TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,402,430TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$99,157BOYAmt
EOY$235,114EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$38,660BOYAmt
EOY$15,915EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$709,097BOYAmt
EOY$11,300EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$31,286BOYAmt
EOY$1,250EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$151,015LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$149,336LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,739BOYAmt
EOY$1,679EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$225,856EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$881,939BOYAmt
EOY$491,114EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$111,823BOYAmt
EOY$111,967EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$68,909EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$111,823BOYAmt
EOY$180,876EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$672,285BOYAmt
EOY$298,938EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$97,831BOYAmt
EOY$11,300EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$770,116BOYAmt
EOY$310,238EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$881,939BOYAmt
EOY$491,114EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$459,878ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$0PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Expended527 Activities$0Expended527ActivitiesAmt
Internal Funds Contributed$0InternalFundsContributedAmt
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III-A, LINE 3:FormAndLineReferenceDesc
ExplanationN/AExplanationTxt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$151,015OtherCostOrOtherBasisAmt
Depreciation$149,336DepreciationAmt
Book Value$1,679BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,679TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDUE FROM GPEDDDesc
Book Value$225,856BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$225,856TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO GPPEADesc
Amt$68,909Amt
FieldValueIRS element (for citing)
Total Liability$68,909TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationGPI, GPEDD AND GPPEA HAVE BEEN GRANTED NOT-FOR-PROFIT STATUS IN ACCORDANCE WITH SECTION 501(C)(6), 501(C)(4) AND 501(C)(3), RESPECTIVELY, OF THE INTERNAL REVENUE CODE ("THE CODE"), AND ARE THEREFORE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. TO THE EXTENT THAT THE ORGANIZATION WAS ASSESSED INTEREST OR PENALTIES ASSOCIATED WITH INCOME TAX POSITIONS, SUCH EXPENSE WOULD BE RECOGNIZED AS INTEREST EXPENSE. AS OF DECEMBER 31, 2023 AND 2022, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMONIQUE CLAIBORNEPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$159,440BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$42,102CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$22,523BonusFilingOrganizationAmount
Bonus Related Organizations$5,948BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$6,480DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$1,711DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$8,165NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$2,156NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$196,608TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$51,917TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6EACH MEMBER IN MEMBERSHIP CLASSIFICATIONS ENTITLED TO VOTE SHALL HAVE ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE BY THE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AALL FOUNDING SPONSORS WHO MAINTAIN THEIR MEMBERSHIP IN GOOD STANDING SHALL BE ENTITLED AT ALL TIMES TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS; UP TO ONE-HALF (1/2), BUT NOT MORE THAN FOUR (4) PLATINUM SPONSORS SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. THEREAFTER, AT EACH SUBSEQUENT ANNUAL MEETING OF THE BOARD OF DIRECTORS, PLATINUM SPONSORS WHO HAVE NOT HAD A REPRESENTATIVE ON THE BOARD OF DIRECTORS DURING THE PRIOR TERM SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. SUBJECT TO MINOR ADJUSTMENTS BY THE BOARD OF DIRECTORS IN ORDER TO CREATE TWO (2) CLASSES OF EQUAL SIZE, THIS ROTATION SHALL BE BASED FIRST UPON DUES PAID BY THE PLATINUM SPONSOR AND THEN BY SENIORITY OF MEMBERSHIP IN THE CORPORATION AND SHALL CONTINUE SO LONG AS THE PLATINUM SPONSOR MAINTAINS ITS MEMBERSHIP IN GOOD STANDING. UP TO ONE-THIRD (1/3) BUT NOT MORE THAN FOUR (4) GOLD SPONSORS SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. COMMENCING AT THE SECOND ANNUAL MEETING OF THE BOARD OF DIRECTORS, UP TO ONE-THIRD (1/3) BUT NOT MORE THAN FOUR (4) GOLD SPONSORS WHO HAVE NOT HAD A REPRESENTATIVE ON THE BOARD OF DIRECTORS DURING THE PRIOR TERM SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. THEREAFTER, AT EACH SUBSEQUENT ANNUAL MEETING OF THE BOARD OF DIRECTORS, GOLD SPONSORS WHO HAVE NOT HAD A REPRESENTATIVE ON THE BOARD OF DIRECTORS DURING THE PRIOR TWO TERMS SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. SUBJECT TO MINOR ADJUSTMENTS BY THE BOARD OF DIRECTORS IN ORDER TO CREATE THREE (3) CLASSES OF EQUAL SIZE, THIS ROTATION SHALL BE BASED FIRST UPON DUES PAID BY THE GOLD SPONSOR AND THEN BY SENIORITY OF MEMBERSHIP IN THE CORPORATION AND SHALL CONTINUE SO LONG AS THE GOLD SPONSOR MAINTAINS ITS MEMBERSHIP IN GOOD STANDING.
FORM 990, PART VI, SECTION B, LINE 11BTHE CFO WILL REVIEW THE RETURN PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12COFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE QUESTIONNAIRES EACH YEAR. QUESTIONNAIRES ARE REVIEWED AND ANY POTENTIAL CONFLICTS ARE ANALYZED. TO DATE, NO CONFLICTS HAVE BEEN IDENTIFIED.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE CEO'S COMPENSATION, USES COMPARABILITY DATA, AND CONTEMPORANEOUSLY DOCUMENTS DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION B, LINE 15B: THE CEO REVIEWS AND APPROVES COMPENSATION OF OTHER OFFICERS AND CONTEMPORANEOUSLY DOCUMENTS DELIBERATIONS AND DECISIONS. THERE ARE NO KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE FINANCE & AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT & SELECTION OF AN INDEPENDENT ACCOUNTANT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
GREATER PORTLAND ECONOMOMIC DEVELOPMENT DISTRICT
111 SW COLUMBIA SUITE 1180PORTLANDOR97201061706401TO PROMOTE REGIONAL ECONOMIC DEVELOPMENTOR501(C)(4)GREATER PORTLAND INCYes (1)
GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT
111 SW COLUMBIA SUITE 1180PORTLANDOR97201462572370TO LESSEN ECONOMIC DEVELOPMENT BURDENS ON REGIONAL GOVERNMENT BODIESOR501(C)(3)GREATER PORTLAND INCYes (1)LINE 7
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GREATER PORTLAND ECONOMIC DEVELOPMENT DISTRICT
O$75,085CASH PAID
GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT
O$124,533CASH PAID