Civic Intelligence

Northwest Vacation Rental Professionals

EIN 45-1272529 • 501(c)6 • Tigard, OR

Profile

To promote the highest level of professionalism and integrity by member- agents in the vacation property rental / property management industry.

9600 SW Oak Street Ste 565Tigard, OR 97223

nwvrp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.71x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

0.79x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-17%

Higher net margin than 24% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

49%

Faster asset growth than 92% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$293,266

Up $98,805 (+51%) from 2023

Liabilities

Up

$209,537

Up $143,034 (+215%) from 2023

Net Assets

Down

$83,729

Down $44,229 (-35%) from 2023

Revenue

Up

$265,122

Up $24,746 (+10%) from 2023

Expenses

Up

$309,351

Up $64,404 (+26%) from 2023

Net Income

Down

-$44,229

Down $39,658 (-868%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2017: $11,821Liabilities 2017: $02017Assets 2021: $48,809Liabilities 2021: $0Net Assets 2021: $48,8092021Assets 2022: $132,529Liabilities 2022: $0Net Assets 2022: $132,5292022Assets 2023: $194,461Liabilities 2023: $66,503Net Assets 2023: $127,9582023Assets 2024: $293,266Liabilities 2024: $209,537Net Assets 2024: $83,7292024

Highlighted filing

2024

Assets$293,266
Liabilities$209,537
Net Assets$83,729

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2017: $43,452Expenses 2017: $46,554Net Income 2017: -$3,1022017Revenue 2021: $89,103Expenses 2021: $84,506Net Income 2021: $4,5972021Revenue 2022: $204,433Expenses 2022: $120,713Net Income 2022: $83,7202022Revenue 2023: $240,376Expenses 2023: $244,947Net Income 2023: -$4,5712023Revenue 2024: $265,122Expenses 2024: $309,351Net Income 2024: -$44,2292024

Highlighted filing

2024

Revenue$265,122
Expenses$309,351
Net Income-$44,229

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$265,122
Mission and Program Overview

Mission

To promote the highest level of professionalism and integrity by member- agents in the vacation property rental / property management industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$75,368$77,160▲ $1,792
Cash and Non-Interest-Bearing Accounts$89,118$73,633▼ $15,485
Prepaid Expenses and Deferred Charges$24,476$73,322▲ $48,846
Accounts Receivable$5,499$69,151▲ $63,652
Total Assets$194,461$293,266▲ $98,805
Liabilities
Deferred Revenue$59,894$193,995▲ $134,101
Accounts Payable and Accrued Expenses$6,609$15,542▲ $8,933
Total Liabilities$66,503$209,537▲ $143,034
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$127,958$83,729▼ $44,229
Total Net Assets Fund Balance$127,958$83,729▼ $44,229
Total Liabilities and Net Assets / Fund Balance$194,461$293,266▲ $98,805
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew TesdallPresident
Adam PattersonDirector
Andy MorrisDirector
Blake MackenzieDirector
Dana MoraruDirector
Heather Van WieDirector
John DunningDirector
John PickartDirector
Kevin JonesDirector
Mark TolanDirector
Nicole TwiggDirector
Brian OlsonImmediate Pa
Durk JohnsonTreasurer/se
Tera LorimerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$263,330
Investment Income
$1,792
Other Revenue
$0
Change in Net Assets
$-44,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$309,351
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$119,377
Fees for Services Management---$49,500
Fees for Services Other---$44,888
Advertising---$18,972
Information Technology---$12,278
Fees for Services Legal---$10,423
Travel---$5,695
Insurance---$3,735
Fees for Services Accounting---$3,065
Office Expenses---$1,454
Occupancy---$300
Other Expenses---$147
Total Functional Expenses$0$0$0$309,351
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Adam patterson tera lorimer business relationship

Form 990, Page 6, Part VI, Line 3

The management company, update management, inc., provides general office and administrative services for the association, as directed by the governing body, including: an association office, communications, financial services, meeting and event planning, membership management, support to the board of directors and committees, and other management services as needed. No current or former directors, officers, trustees, key employees or highest compensated employees were compensated by the management company during the tax year.

Form 990, Page 6, Part VI, Line 4

Significant changes to organizational documents include the expanded geographical reach from the pacific northwest to the entire us, canada, and mexico; and amended the associate member type's voting rights to now include the ability to vote for 1 representative on the board of directors

Form 990, Page 6, Part VI, Line 6

Nwvrp is organized as a not-for-profit professional association with an elected board of directors that serves as the governing body, as well as voting members who have approval and input into significant decisions of the governing body.

Form 990, Page 6, Part VI, Line 7A

Nwvrp members have voting rights to elect members of the board of directors and to make amendments to the organization's bylaws. The bylaws can be amended by a majority vote of the membership, unless the change is merely an editorial change, in which case the members will be notified that the amendments have been made. All members also have input into the activities via the board of directors.

Form 990, Page 6, Part VI, Line 7B

Nwvrp members have voting rights to elect members of the board of directors and to make amendments to the organization's bylaws. The bylaws can be amended by a majority vote of the membership, unless the change is merely an editorial change, in which case the members will be notified that the amendments have been made. All members have input into the organization's activities via the board of directors.

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

Prior to the board of directors receiving a copy of the form 990 the accountant and management company conduct a review of the document to verify the accuracy of its contents. The members of the board of directors then receive a copy of the complete 990 form, before it is filed with the irs. The board is given time to review the document and ask questions or clarify information. After the review is complete, the e-file form 8879-te (for the form 990) is signed and the accountant is then instructed to file the form 990 with the irs.

Form 990, Page 6, Part VI, Line 12C

Nwvrp's conflict of interest policy covers the board of directors, officers, and staff. Persons covered by this policy review it annually and are required to disclose potential conflicts to the president. The president then follows the guidelines in the policy to determine the next steps including, but not limited to, disclosure to the board, recusal from discussions and/or decisions, and resignation. In addition, the association's staff will monitor proposed or ongoing transactions for conflicts of interest and disclose them with the president of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policies and financial statements (not audited or reviewed) are made available upon request.

Filing and Contact Details

Filer

Filer Name
Northwest Vacation Rental
EIN
45-1272529
Phone
5035422413
Address
9600 SW OAK STREET STE 565, TIGARD, OR 97223
Doing Business As
Vrnation

Signing Officer

Name
Matthew Tesdall
Title
President
Phone
5035422413
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Tesdall
Formed
2011
Legal Domicile
Or
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Foster & Associates CPA LLC
Address
9011 SW BEAVERTON HILLSDALE HWY STE, PORTLAND, OR 97225-2452
Preparer
Asif I Muzaffarr
Phone
5032972610
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees 44,888 0 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADAM PATTERSON TERA LORIMER BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT COMPANY, UPDATE MANAGEMENT, INC., PROVIDES GENERAL OFFICE AND ADMINISTRATIVE SERVICES FOR THE ASSOCIATION, AS DIRECTED BY THE GOVERNING BODY, INCLUDING: AN ASSOCIATION OFFICE, COMMUNICATIONS, FINANCIAL SERVICES, MEETING AND EVENT PLANNING, MEMBERSHIP MANAGEMENT, SUPPORT TO THE BOARD OF DIRECTORS AND COMMITTEES, AND OTHER MANAGEMENT SERVICES AS NEEDED. NO CURRENT OR FORMER DIRECTORS, OFFICERS, TRUSTEES, KEY EMPLOYEES OR HIGHEST COMPENSATED EMPLOYEES WERE COMPENSATED BY THE MANAGEMENT COMPANY DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS INCLUDE THE EXPANDED GEOGRAPHICAL REACH FROM THE PACIFIC NORTHWEST TO THE ENTIRE US, CANADA, AND MEXICO; AND AMENDED THE ASSOCIATE MEMBER TYPE'S VOTING RIGHTS TO NOW INCLUDE THE ABILITY TO VOTE FOR 1 REPRESENTATIVE ON THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NWVRP IS ORGANIZED AS A NOT-FOR-PROFIT PROFESSIONAL ASSOCIATION WITH AN ELECTED BOARD OF DIRECTORS THAT SERVES AS THE GOVERNING BODY, AS WELL AS VOTING MEMBERS WHO HAVE APPROVAL AND INPUT INTO SIGNIFICANT DECISIONS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NWVRP MEMBERS HAVE VOTING RIGHTS TO ELECT MEMBERS OF THE BOARD OF DIRECTORS AND TO MAKE AMENDMENTS TO THE ORGANIZATION'S BYLAWS. THE BYLAWS CAN BE AMENDED BY A MAJORITY VOTE OF THE MEMBERSHIP, UNLESS THE CHANGE IS MERELY AN EDITORIAL CHANGE, IN WHICH CASE THE MEMBERS WILL BE NOTIFIED THAT THE AMENDMENTS HAVE BEEN MADE. ALL MEMBERS ALSO HAVE INPUT INTO THE ACTIVITIES VIA THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NWVRP MEMBERS HAVE VOTING RIGHTS TO ELECT MEMBERS OF THE BOARD OF DIRECTORS AND TO MAKE AMENDMENTS TO THE ORGANIZATION'S BYLAWS. THE BYLAWS CAN BE AMENDED BY A MAJORITY VOTE OF THE MEMBERSHIP, UNLESS THE CHANGE IS MERELY AN EDITORIAL CHANGE, IN WHICH CASE THE MEMBERS WILL BE NOTIFIED THAT THE AMENDMENTS HAVE BEEN MADE. ALL MEMBERS HAVE INPUT INTO THE ORGANIZATION'S ACTIVITIES VIA THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR TO THE BOARD OF DIRECTORS RECEIVING A COPY OF THE FORM 990 THE ACCOUNTANT AND MANAGEMENT COMPANY CONDUCT A REVIEW OF THE DOCUMENT TO VERIFY THE ACCURACY OF ITS CONTENTS. THE MEMBERS OF THE BOARD OF DIRECTORS THEN RECEIVE A COPY OF THE COMPLETE 990 FORM, BEFORE IT IS FILED WITH THE IRS. THE BOARD IS GIVEN TIME TO REVIEW THE DOCUMENT AND ASK QUESTIONS OR CLARIFY INFORMATION. AFTER THE REVIEW IS COMPLETE, THE E-FILE FORM 8879-TE (FOR THE FORM 990) IS SIGNED AND THE ACCOUNTANT IS THEN INSTRUCTED TO FILE THE FORM 990 WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NWVRP'S CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS, OFFICERS, AND STAFF. PERSONS COVERED BY THIS POLICY REVIEW IT ANNUALLY AND ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS TO THE PRESIDENT. THE PRESIDENT THEN FOLLOWS THE GUIDELINES IN THE POLICY TO DETERMINE THE NEXT STEPS INCLUDING, BUT NOT LIMITED TO, DISCLOSURE TO THE BOARD, RECUSAL FROM DISCUSSIONS AND/OR DECISIONS, AND RESIGNATION. IN ADDITION, THE ASSOCIATION'S STAFF WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM WITH THE PRESIDENT OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS (NOT AUDITED OR REVIEWED) ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CONSULTING FEES 44,888 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART IX, LINE 11G
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IRS990/USAddress/CityNm0TIGARD
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHWEST VACATION RENTAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROFESSIONALS
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FOSTER & ASSOCIATES CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09011 SW BEAVERTON HILLSDALE HWY STE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0972252452
ReturnHeader/PreparerPersonGrp/PhoneNum05032972610
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASIF I MUZAFFARR
ReturnHeader/ReturnTs02025-05-22T18:19:50-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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