2024-11-15T16:48:21-06:00 2023-12-31 930928924 PERKINS & COMPANY PC 1211 SW FIFTH AVE SUITE 1000 PORTLAND OR 97204 990 2023-01-01 205922785 GREATER PORTLAND INC GREA 5034458065 111 SW COLUMBIA ST 1180 PORTLAND OR 97201 MONIQUE CLAIBORNE PRESIDENT & CEO 5034458065 2024-11-07 1 1 NICHOLAS MURRAY P01939612 5032210336 2024-11-07 2023 2024-10-15 13:58:12Z MONIQUE CLAIBORNE 111 SW COLUMBIA ST 1180 PORTLAND OR 97201 942552 0 X WWW.GREATERPORTLANDINC.COM X 2006 OR TO PROMOTE A SUSTAINABLE AND VIBRANT ECONOMIC FUTURE FOR THE PORTLAND-VANCOUVER METROPOLITAN AREA 34 34 10 40 0 0 841363 863400 83892 79113 96 39 0 0 925351 942552 0 0 0 0 610637 753106 0 0 0 473637 649324 1084274 1402430 -158923 -459878 881939 491114 111823 180876 770116 310238 X GREATER 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. 0 0 BUSINESS 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. INVESTOR 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. REGIONAL 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. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 0 1 10 1 0 0 0 0 1 1 0 0 0 X 34 34 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X JON MARTIN CO RAVENSVIEW 5038939625 6700 SW 105TH AVE SUITE 109 BEAVERTON OR 97008 ALAN GARCIA SECRETARY & DIRECTOR 4.00 4.00 X X 0 0 0 ANNE MCENERNY-OGLE VICE CHAIR & DIRECTOR 4.00 2.00 X X 0 0 0 GABE GOMEZ TREASURER & DIRECTOR 4.00 0.00 X X 0 0 0 MICHELLE WEISENBACH CHAIR & DIRECTOR 4.00 0.00 X X 0 0 0 MIKE HURLEY PAST CHAIR & DIRECTOR 2.00 0.00 X X 0 0 0 RANDY EALY VICE CHAIR & DIRECTOR 4.00 4.00 X X 0 0 0 AMY WINTEROWD DIRECTOR 2.00 0.00 X 0 0 0 ANDREW HOAN DIRECTOR 2.00 2.00 X 0 0 0 BILL DOLAN DIRECTOR 2.00 0.00 X 0 0 0 DAN MEHLS DIRECTOR 2.00 0.00 X 0 0 0 FRANK BUBENIK DIRECTOR 2.00 2.00 X 0 0 0 JENNIFER BAKER DIRECTOR 2.00 0.00 X 0 0 0 JERRY WILLEY DIRECTOR 2.00 0.00 X 0 0 0 JIM MARK DIRECTOR 2.00 0.00 X 0 0 0 KIMBERLY BRANAM DIRECTOR 2.00 2.00 X 0 0 0 LACEY BEATY DIRECTOR 2.00 0.00 X 0 0 0 LORI STEGMANN DIRECTOR 2.00 2.00 X 0 0 0 MARION HAYNES DIRECTOR 2.00 0.00 X 0 0 0 MARTHA SCHRADER DIRECTOR 2.00 0.00 X 0 0 0 MEL NETZHAMMER DIRECTOR 2.00 2.00 X 0 0 0 RANDY MILLER DIRECTOR 2.00 0.00 X 0 0 0 STEVE CALLAWAY DIRECTOR 2.00 0.00 X 0 0 0 TAMARA KENNEDY-HILL DIRECTOR 2.00 0.00 X 0 0 0 TED WHEELER DIRECTOR 2.00 0.00 X 0 0 0 TIM COOK DIRECTOR 2.00 2.00 X 0 0 0 TINA GULDBERG DIRECTOR 2.00 0.00 X 0 0 0 TRAVIS STOVALL DIRECTOR 2.00 0.00 X 0 0 0 MIKE BOMAR DIRECTOR 2.00 4.00 X 0 0 0 SEAN CLARK DIRECTOR 2.00 0.00 X 0 0 0 MIRIAM HALLIDAY DIRECTOR 2.00 0.00 X 0 0 0 MIKE KERR DIRECTOR 2.00 0.00 X 0 0 0 DAN MALINARIC DIRECTOR 2.00 0.00 X 0 0 0 ASHTON SIMPSON DIRECTOR 2.00 0.00 X 0 0 0 BRIGITTE SUTHERLAND DIRECTOR 2.00 0.00 X 0 0 0 MONIQUE CLAIBORNE PRESIDENT & CEO 34.00 6.00 X 181963 48050 18512 JAMES RADER CFO 7.00 2.00 X 0 0 0 181963 48050 18512 1 0 1 0 0 863400 863400 EVENT REVENUE 561499 79113 79113 79113 39 39 942552 79113 0 39 196608 431225 19665 38336 67272 133802 100336 3919 41326 34943 39983 265617 2060 6163 DUES AND SUBSCRIPTIONS 21175 1402430 99157 235114 38660 15915 709097 11300 31286 1250 151015 149336 3739 1679 0 225856 881939 491114 111823 111967 0 68909 111823 180876 X 672285 298938 97831 11300 770116 310238 881939 491114 -459878 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 PART III-A, LINE 3: N/A 151015 149336 1679 1679 DUE FROM GPEDD 225856 225856 DUE TO GPPEA 68909 68909 X PART X, LINE 2: GPI, 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. X X X 0 0 0 MONIQUE CLAIBORNE PRESIDENT & CEO 159440 42102 22523 5948 0 0 6480 1711 8165 2156 196608 51917 0 0 FORM 990, PART VI, SECTION A, LINE 6 EACH 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 7A ALL 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 11B THE CFO WILL REVIEW THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS 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 15A THE 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 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE FINANCE & AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT & SELECTION OF AN INDEPENDENT ACCOUNTANT. GREATER PORTLAND ECONOMOMIC DEVELOPMENT DISTRICT 111 SW COLUMBIA SUITE 1180 PORTLAND OR 97201 061706401 TO PROMOTE REGIONAL ECONOMIC DEVELOPMENT OR 501(C)(4) GREATER PORTLAND INC 1 GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT 111 SW COLUMBIA SUITE 1180 PORTLAND OR 97201 462572370 TO LESSEN ECONOMIC DEVELOPMENT BURDENS ON REGIONAL GOVERNMENT BODIES OR 501(C)(3) LINE 7 GREATER PORTLAND INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 GREATER PORTLAND ECONOMIC DEVELOPMENT DISTRICT O 75085 CASH PAID GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT O 124533 CASH PAID