Civic Intelligence

Springboard Innovation

990 • Fiscal year 2015 • EIN 34-1996112

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

2420 NE SandyPortland, OR 97232

(503) 452-6898

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.63x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

0.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

86th percentile

58%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2015

Revenue Growth

87th percentile

55%

Faster revenue growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2015

Assets

Up

$194,158

Up $116,731 (+151%) from 2013

Net Assets

Up

$71,758

Up $51,368 (+252%) from 2013

Liabilities

Up

$122,400

Up $65,363 (+115%) from 2013

Revenue

Up

$380,073

Up $220,882 (+139%) from 2013

Expenses

Up

$463,820

Up $315,856 (+213%) from 2013

Net Income

Down

-$83,747

Down $94,974 (-846%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2011: $3,409Liabilities 2011: $5,000Net Assets 2011: -$1,5912011Assets 2012: $9,163Net Assets 2012: $9,1632012Assets 2013: $77,427Liabilities 2013: $57,037Net Assets 2013: $20,3902013Assets 2015: $194,158Liabilities 2015: $122,400Net Assets 2015: $71,7582015Assets 2018: $144,040Liabilities 2018: $136,690Net Assets 2018: $7,3502018Assets 2019: $133,606Liabilities 2019: $144,595Net Assets 2019: -$10,9892019

Highlighted filing

2015

Assets$194,158
Liabilities$122,400
Net Assets$71,758

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $149,968Expenses 2011: $150,033Net Income 2011: -$652011Revenue 2012: $89,678Expenses 2012: $78,924Net Income 2012: $10,7542012Revenue 2013: $159,191Expenses 2013: $147,964Net Income 2013: $11,2272013Revenue 2015: $380,073Expenses 2015: $463,820Net Income 2015: -$83,7472015Revenue 2018: $429,707Expenses 2018: $488,051Net Income 2018: -$58,3442018Revenue 2019: $289,430Expenses 2019: $307,769Net Income 2019: -$18,3392019

Highlighted filing

2015

Revenue$380,073
Expenses$463,820
Net Income-$83,747
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$380,073
Mission and Program Overview

Mission

Hatch innovation works to enable citizen innovators to launch enterprises that improve communities, locally and globally. The organization has been operating programs designed to increase the capacity of individuals and enterprise to solve community problems. Our approach has been to cultivate an "innovation ecosystem" in which caange leasders can flourish in any community. This framework continues to drive our programs: 1) teach the change maker inside each of us; 2) create a home for community innovators to find what they need; 3) create new tools that grow community captal; 4) build the ecosystem for citizen-led change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$126,500--
Loans From Officers Directors$127,001$122,400▼ $4,601
Land, Buildings, and Equipment, Net$76,740$78,664▲ $1,924
Intangible Assets$70,868$65,806▼ $5,062
Cash and Non-Interest-Bearing Accounts$318$36,632▲ $36,314
Total Assets$282,506$194,158▼ $88,348
Other Assets Total$8,080$13,056▲ $4,976
Liabilities
Total Liabilities$127,001$122,400▼ $4,601
Net Assets / Fund Balance
Unrestricted Net Assets$155,505$71,758▼ $83,747
Total Net Assets Fund Balance$155,505$71,758▼ $83,747
Total Liabilities and Net Assets / Fund Balance$282,506$194,158▼ $88,348

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$56,185$5,601$61,786
Other Land Buildings$21,114$7,534$28,648
Equipment$1,365$6,685$8,050
Other Assets Org$13,056--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Warren KarmolChair
Kate KilbergDirector
Richard FreimarkDirector
Stephanie FlemingDirector
Kristin WolffSecretary
Lee LancasterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,575
Program Service Revenue
$271,444
Investment Income
$54
Other Revenue
$0
All Other Contributions
$105,625
Change in Net Assets
$-83,747
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,944
Salaries, Compensation, and Employee Benefits$131,388
Grants and Similar Amounts Paid$6,488
Total Fundraising Expense$6,200
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$185,028$-418-$184,610
Other Salaries and Wages$118,789--$118,789
Fees for Services Other$39,765$472$5,000$45,237
Conferences and Meetings$26,299$151-$26,450
Office Expenses$13,597$5,853$550$20,000
Depreciation Depletion$12,818--$12,818
Payroll Taxes$12,383--$12,383
Information Technology$11,606--$11,606
Fees for Services Management$9,600--$9,600
Grants to Domestic Individuals$6,488--$6,488
Fees for Services Legal$5,870--$5,870
Advertising$3,165$946$650$4,761
Travel$1,837$765-$2,602
Fees for Services Accounting-$2,390-$2,390
Other Employee Benefits$216--$216
Total Functional Expenses$447,461$10,159$6,200$463,820
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Amy PearlExecutive DirecLoan to OrganizationNo$84,501
Shaula MassenaPast Board MembLoan to OrganizationNo$37,899

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$127,001$122,400▼ $4,601
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Hatch Innovation Inc
EIN
34-1996112
Phone
5034526898
Address
2420 NE SANDY, PORTLAND, OR 97232

Signing Officer

Name
Lee Lancaster
Title
Treasurer
Phone
5034526898
Signed
2016-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Lancaster
Formed
2000
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
86

Preparer

Firm
Susan Rubin
Address
7729 N BRANDON AVE, PORTLAND, OR 97217-6409
Preparer
Susan Rubin
Phone
5032338198
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Hatch innovation works to enable citizen innovators to launch enterprises that improve communities, locally and globally. The organization has been operating programs designed to increase the capacity of individuals and enterprise to solve community problems. Our approach has been to cultivate an "innovation ecosystem" in which caange leasders can flourish in any community. This framework continues to drive our programs: 1) teach the change maker inside each of us; 2) create a home for community innovators to find what they need; 3) create new tools that grow community captal; 4) build the ecosystem for citizen-led change.

Form 990, Page 2, Part III, Line 4B

Own events in hatchlab, including two "hatch:soup" events, a program that initiates budding community change agents to pitch to community members who pool their ticket price to give to the winner; the lauch of comcappdx and comcapor (where the governor spoke), two events that helped oregonians understand the concept and use of community capital; and a launch event for the social enterpreneurs raising funds. Over 1,800 people attended these events and workshops. Professionals, community members, and students come to meet like-minded people. In hatchlaab pdx we provided support to 186 social entrepreneurs with programs and 1:1 consulting and advising. In 2015 we hosted three world affairs council groups to share our hatch lab model. We held 12 monthly "hatch community gatherings" for our membership community with local experts, and have built a strong network around the world with other incubators and labs to share best practices. We conducted 120 tours of hatch for visitors. In addition, we have created a hatchlab in baker city, oregon, an extremely rural community of less than 10,000 people. This place is growing to develop into a full incubator, space for programming, and co-working to serve rural entreprenuers.

Form 990, Page 2, Part III, Line 4C

Two of the entrepreneurs we helped were from rural oregon.) we also toured the state, speaking in 22 citits to teach commuities about the benefits of community capital and the new law. We also secured a law firm to translate the law into spanish pro bono, which we hope to use in 2016 with spanish- speaking entrepreneurs. By the end of 2015, hatch innovation staff spoke 67 times inside and outside oregon, sharing the strategy and benefits of community capital. Founder amy pearl was on the cover of the portland business journal and won the prestigious "orchid award" as a "woman of influence" as a result. Hatchoregon.com helped facilitate the investment of 333,000 in 2015 into social enterprises.

Form 990, Page 2, Part III, Line 4D

Hatchinnovation: we continued to work closely with economic development in rural ne oregon helping create infrastructure for local investing, training leaders, technical service providers, entrepreneurs, and new investors on how to participate in their local economy. With the new law we shifted from private capital tools to public capital investing, elevating impact, small business, and local investing. We trained six economic deveolpment leaders in how to use the new law and help local entrepreneurs use it wisely. Our work across the state is to enable communities to invest in themselves. To continue building a support system for community capital, we held a city-based event called comcappdx, and then a statewide convening called comcapor conference (community capital) in february and march 2015 which brought together leaders from all parts of the ecosystem to elevate the challenges and values small and social enterprise bring to communities. Over 300 people attended.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0HATCHLAB: HATCHLABPDX, LAUNCHED IN 2013, IS 13,000 SQ FT OF SPACE, RESOURCES, ALLIES AND EXPERTS TO HELP LAUNCH SOCIAL ENTREPRENEURS IMPROVE COMMINITIES VIA ENTERPRISE. WE CONTINUE TO ONLY LEASE TO ENTREPRENEURS WITH A MISSION TO IMPROVE COMMUNITIES, AND WE RENT OUR EVENT SPACE TO OTHER COMMNITY ORGANIZATIONS BELOW MARKET RATE TO HELP THEM REACH THEIR AUDIENCES AND CONVENE AUDIENCES. WE CONTINUE TO BE FULLY LEASED WITH A WAITING LIST. THIS YEAR WE ATTRACTED OVER 250 VOLUNTEERS WHO HELPED AT 204 EVENTS HELD BY US AND OTHER NONPROFITS ON SUBJECTS SUCH AS LOCAL INVESTING, SUPPORTING FAMILIES, ACCESS TO HEALTH CARE, CHILDCARE, UNDERSTADNING MONEY, YOUTH DEVELOPMENT, FINANCIAL LITERACY, EQUITY, AND SOCIAL JUSTICE. WE HELD OUR OWN EVENTS IN HATCHLAB, INCLUDING TWO "HATCH:SOUP" EVENTS, A PROGRAM THAT INITIATES BUDDING COMMUNITY CHANGE AGENTS TO PITCH TO COMMUNITY MEMBERS WHO POOL THEIR TICKET PRICE TO GIVE TO THE WINNER; THE LAUCH OF COMCAPPDX AND COMCAPOR (WHERE THE GOVERNOR SPOKE), TWO EVENTS THAT HELPED OREGONIANS UNDERSTAND THE CONCEPT AND USE OF COMMUNITY CAPITAL; AND A LAUNCH EVENT FOR THE SOCIAL ENTERPRENEURS RAISING FUNDS. OVER 1,800 PEOPLE ATTENDED THESE EVENTS AND WORKSHOPS. PROFESSIONALS, COMMUNITY MEMBERS, AND STUDENTS COME TO MEET LIKE-MINDED PEOPLE. IN HATCHLAAB PDX WE PROVIDED SUPPORT TO 186 SOCIAL ENTREPRENEURS WITH PROGRAMS AND 1:1 CONSULTING AND ADVISING. IN 2015 WE HOSTED THREE WORLD AFFAIRS COUNCIL GROUPS TO SHARE OUR HATCH LAB MODEL. WE HELD 12 MONTHLY "HATCH COMMUNITY GATHERINGS" FOR OUR MEMBERSHIP COMMUNITY WITH LOCAL EXPERTS, AND HAVE BUILT A STRONG NETWORK AROUND THE WORLD WITH OTHER INCUBATORS AND LABS TO SHARE BEST PRACTICES. WE CONDUCTED 120 TOURS OF HATCH FOR VISITORS. IN ADDITION, WE HAVE CREATED A HATCHLAB IN BAKER CITY, OREGON, AN EXTREMELY RURAL COMMUNITY OF LESS THAN 10,000 PEOPLE. THIS PLACE IS GROWING TO DEVELOP INTO A FULL INCUBATOR, SPACE FOR PROGRAMMING, AND CO-WORKING TO SERVE RURAL ENTREPRENUERS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0HATCH OREGON: AFTER WRITING THE DRAFT OF OREGON'S NEW CROWDINVESTING LAW, WE HELPED LAUNCH IT INTO OREGON ON JANUARY 22, 2015, WHERE OVER 200 PEOPLE CAME TO CELEBRATE AND LEARN. OREGON'S NEW CROWDFUNDING LAW ALLOWS ORDINARY OREGONIANS TO INVEST IN SPCIAL ENTERPRISES AND SMALL BUSINESS, HELPING RETAIN CAPITAL IN COMMUNITIES AND INCREASE LOCAL RESILIENCE. WE THEN DEVELOPED AN EDUCATIONAL PROGRAM THAT TEACHES ENTREPRENEURS HOW TO USE THE NEW LAW. CALLED INVESTOR READY ACCELERATOR, THIS PROGRAM ENABLED 13 ENTREPRENEURS TO LAUNCH FUNDRAISING CAMPAIGNS FOR "COMMUNITY CAPITAL" HELPING GROW AN ECOSYSTEM FOR HELPING START SOCIAL ENTREPRENEURS. THIS ALTERNATIVE FORM OF CAPITAL THAT IS COMMUNITY FOCUSED AND LOCALLY GROWN IS HELPING RETAIN CAPITAL IN OREGON AND SERVING RURAL ENTREPRENEURS, (ALL BUT TWO OF THE ENTREPRENEURS WE HELPED WERE FROM RURAL OREGON.) WE ALSO TOURED THE STATE, SPEAKING IN 22 CITITS TO TEACH COMMUITIES ABOUT THE BENEFITS OF COMMUNITY CAPITAL AND THE NEW LAW. WE ALSO SECURED A LAW FIRM TO TRANSLATE THE LAW INTO SPANISH PRO BONO, WHICH WE HOPE TO USE IN 2016 WITH SPANISH- SPEAKING ENTREPRENEURS. BY THE END OF 2015, HATCH INNOVATION STAFF SPOKE 67 TIMES INSIDE AND OUTSIDE OREGON, SHARING THE STRATEGY AND BENEFITS OF COMMUNITY CAPITAL. FOUNDER AMY PEARL WAS ON THE COVER OF THE PORTLAND BUSINESS JOURNAL AND WON THE PRESTIGIOUS "ORCHID AWARD" AS A "WOMAN OF INFLUENCE" AS A RESULT. HATCHOREGON.COM HELPED FACILITATE THE INVESTMENT OF 333,000 IN 2015 INTO SOCIAL ENTERPRISES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HATCHINNOVATION: WE CONTINUED TO WORK CLOSELY WITH ECONOMIC DEVELOPMENT IN RURAL NE OREGON HELPING CREATE INFRASTRUCTURE FOR LOCAL INVESTING, TRAINING LEADERS, TECHNICAL SERVICE PROVIDERS, ENTREPRENEURS, AND NEW INVESTORS ON HOW TO PARTICIPATE IN THEIR LOCAL ECONOMY. WITH THE NEW LAW WE SHIFTED FROM PRIVATE CAPITAL TOOLS TO PUBLIC CAPITAL INVESTING, ELEVATING IMPACT, SMALL BUSINESS, AND LOCAL INVESTING. WE TRAINED SIX ECONOMIC DEVEOLPMENT LEADERS IN HOW TO USE THE NEW LAW AND HELP LOCAL ENTREPRENEURS USE IT WISELY. OUR WORK ACROSS THE STATE IS TO ENABLE COMMUNITIES TO INVEST IN THEMSELVES. TO CONTINUE BUILDING A SUPPORT SYSTEM FOR COMMUNITY CAPITAL, WE HELD A CITY-BASED EVENT CALLED COMCAPPDX, AND THEN A STATEWIDE CONVENING CALLED COMCAPOR CONFERENCE (COMMUNITY CAPITAL) IN FEBRUARY AND MARCH 2015 WHICH BROUGHT TOGETHER LEADERS FROM ALL PARTS OF THE ECOSYSTEM TO ELEVATE THE CHALLENGES AND VALUES SMALL AND SOCIAL ENTERPRISE BRING TO COMMUNITIES. OVER 300 PEOPLE ATTENDED.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAS DOCUMENTED GUIDELINES FOR PASSING ON START-UP FUNDS TO RECIPIENT CROWDFUNDED INDIVIDUALS AND BUSINESSES
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HATCH INNOVATION WORKS TO ENABLE CITIZEN INNOVATORS TO LAUNCH ENTERPRISES THAT IMPROVE COMMUNITIES, LOCALLY AND GLOBALLY. THE ORGANIZATION HAS BEEN OPERATING PROGRAMS DESIGNED TO INCREASE THE CAPACITY OF INDIVIDUALS AND ENTERPRISE TO SOLVE COMMUNITY PROBLEMS. OUR APPROACH HAS BEEN TO CULTIVATE AN "INNOVATION ECOSYSTEM" IN WHICH CAANGE LEASDERS CAN FLOURISH IN ANY COMMUNITY. THIS FRAMEWORK CONTINUES TO DRIVE OUR PROGRAMS: 1) TEACH THE CHANGE MAKER INSIDE EACH OF US; 2) CREATE A HOME FOR COMMUNITY INNOVATORS TO FIND WHAT THEY NEED; 3) CREATE NEW TOOLS THAT GROW COMMUNITY CAPTAL; 4) BUILD THE ECOSYSTEM FOR CITIZEN-LED CHANGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OWN EVENTS IN HATCHLAB, INCLUDING TWO "HATCH:SOUP" EVENTS, A PROGRAM THAT INITIATES BUDDING COMMUNITY CHANGE AGENTS TO PITCH TO COMMUNITY MEMBERS WHO POOL THEIR TICKET PRICE TO GIVE TO THE WINNER; THE LAUCH OF COMCAPPDX AND COMCAPOR (WHERE THE GOVERNOR SPOKE), TWO EVENTS THAT HELPED OREGONIANS UNDERSTAND THE CONCEPT AND USE OF COMMUNITY CAPITAL; AND A LAUNCH EVENT FOR THE SOCIAL ENTERPRENEURS RAISING FUNDS. OVER 1,800 PEOPLE ATTENDED THESE EVENTS AND WORKSHOPS. PROFESSIONALS, COMMUNITY MEMBERS, AND STUDENTS COME TO MEET LIKE-MINDED PEOPLE. IN HATCHLAAB PDX WE PROVIDED SUPPORT TO 186 SOCIAL ENTREPRENEURS WITH PROGRAMS AND 1:1 CONSULTING AND ADVISING. IN 2015 WE HOSTED THREE WORLD AFFAIRS COUNCIL GROUPS TO SHARE OUR HATCH LAB MODEL. WE HELD 12 MONTHLY "HATCH COMMUNITY GATHERINGS" FOR OUR MEMBERSHIP COMMUNITY WITH LOCAL EXPERTS, AND HAVE BUILT A STRONG NETWORK AROUND THE WORLD WITH OTHER INCUBATORS AND LABS TO SHARE BEST PRACTICES. WE CONDUCTED 120 TOURS OF HATCH FOR VISITORS. IN ADDITION, WE HAVE CREATED A HATCHLAB IN BAKER CITY, OREGON, AN EXTREMELY RURAL COMMUNITY OF LESS THAN 10,000 PEOPLE. THIS PLACE IS GROWING TO DEVELOP INTO A FULL INCUBATOR, SPACE FOR PROGRAMMING, AND CO-WORKING TO SERVE RURAL ENTREPRENUERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TWO OF THE ENTREPRENEURS WE HELPED WERE FROM RURAL OREGON.) WE ALSO TOURED THE STATE, SPEAKING IN 22 CITITS TO TEACH COMMUITIES ABOUT THE BENEFITS OF COMMUNITY CAPITAL AND THE NEW LAW. WE ALSO SECURED A LAW FIRM TO TRANSLATE THE LAW INTO SPANISH PRO BONO, WHICH WE HOPE TO USE IN 2016 WITH SPANISH- SPEAKING ENTREPRENEURS. BY THE END OF 2015, HATCH INNOVATION STAFF SPOKE 67 TIMES INSIDE AND OUTSIDE OREGON, SHARING THE STRATEGY AND BENEFITS OF COMMUNITY CAPITAL. FOUNDER AMY PEARL WAS ON THE COVER OF THE PORTLAND BUSINESS JOURNAL AND WON THE PRESTIGIOUS "ORCHID AWARD" AS A "WOMAN OF INFLUENCE" AS A RESULT. HATCHOREGON.COM HELPED FACILITATE THE INVESTMENT OF 333,000 IN 2015 INTO SOCIAL ENTERPRISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HATCHINNOVATION: WE CONTINUED TO WORK CLOSELY WITH ECONOMIC DEVELOPMENT IN RURAL NE OREGON HELPING CREATE INFRASTRUCTURE FOR LOCAL INVESTING, TRAINING LEADERS, TECHNICAL SERVICE PROVIDERS, ENTREPRENEURS, AND NEW INVESTORS ON HOW TO PARTICIPATE IN THEIR LOCAL ECONOMY. WITH THE NEW LAW WE SHIFTED FROM PRIVATE CAPITAL TOOLS TO PUBLIC CAPITAL INVESTING, ELEVATING IMPACT, SMALL BUSINESS, AND LOCAL INVESTING. WE TRAINED SIX ECONOMIC DEVEOLPMENT LEADERS IN HOW TO USE THE NEW LAW AND HELP LOCAL ENTREPRENEURS USE IT WISELY. OUR WORK ACROSS THE STATE IS TO ENABLE COMMUNITIES TO INVEST IN THEMSELVES. TO CONTINUE BUILDING A SUPPORT SYSTEM FOR COMMUNITY CAPITAL, WE HELD A CITY-BASED EVENT CALLED COMCAPPDX, AND THEN A STATEWIDE CONVENING CALLED COMCAPOR CONFERENCE (COMMUNITY CAPITAL) IN FEBRUARY AND MARCH 2015 WHICH BROUGHT TOGETHER LEADERS FROM ALL PARTS OF THE ECOSYSTEM TO ELEVATE THE CHALLENGES AND VALUES SMALL AND SOCIAL ENTERPRISE BRING TO COMMUNITIES. OVER 300 PEOPLE ATTENDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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