Civic Intelligence

Lloyd Ecodistrict

990 • Fiscal year 2023 • EIN 45-5114020

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 14, 2023

2203 Lloyd CenterPortland, OR 97232

(503) 705-4611

Siviq Scores

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

Liabilities / Assets

78th percentile

0.08x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$54,950

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 21.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

74th percentile

21%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-8.1%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$175,317

Up $30,815 (+21%) from 2022

Net Assets

Up

$161,150

Up $30,168 (+23%) from 2022

Liabilities

Up

$14,167

Up $647 (+4.8%) from 2022

Revenue

Down

$254,883

Down $22,436 (-8.1%) from 2022

Expenses

Up

$224,715

Up $27,576 (+14%) from 2022

Net Income

Down

$30,168

Down $50,012 (-62%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $39,576Liabilities 2017: $18,0382017Assets 2018: $13,733Liabilities 2018: $8,454Net Assets 2018: $5,2792018Assets 2019: $64,256Liabilities 2019: $7,764Net Assets 2019: $56,4922019Assets 2020: $121,273Liabilities 2020: $88,087Net Assets 2020: $33,1862020Assets 2021: $143,602Liabilities 2021: $92,800Net Assets 2021: $50,8022021Assets 2022: $144,502Liabilities 2022: $13,520Net Assets 2022: $130,9822022Assets 2023: $175,317Liabilities 2023: $14,167Net Assets 2023: $161,1502023Assets 2024: $125,314Liabilities 2024: $12,360Net Assets 2024: $112,9542024

Highlighted filing

2023

Assets$175,317
Liabilities$14,167
Net Assets$161,150

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $124,954Expenses 2017: $113,933Net Income 2017: $11,0212017Revenue 2018: $223,744Expenses 2018: $240,003Net Income 2018: -$16,2592018Revenue 2019: $276,497Expenses 2019: $225,284Net Income 2019: $51,2132019Revenue 2020: $235,985Expenses 2020: $259,291Net Income 2020: -$23,3062020Revenue 2021: $269,206Expenses 2021: $251,590Net Income 2021: $17,6162021Revenue 2022: $277,319Expenses 2022: $197,139Net Income 2022: $80,1802022Revenue 2023: $254,883Expenses 2023: $224,715Net Income 2023: $30,1682023Revenue 2024: $256,201Expenses 2024: $306,063Net Income 2024: -$49,8622024

Highlighted filing

2023

Revenue$254,883
Expenses$224,715
Net Income$30,168
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$262,899
Mission and Program Overview

Mission

The mission of the lloyd ecodistrict is to facilitate collaboration between its businesses, residents and public agencies to support prosperity, environmental quality, and social welfare. We set goals and implement initiatives to create a neighborhood where people, planet, and prosperity are equally considered. We created replicable models that improve resource efficiency and economic vitality. The lloyd ecodistrict prioritizes projects and programs that address transportation, water, energy, waste and education.lloyd ecodistrict engages the community, forms partnerships, and develops programs that create a connected, prosperous, and resilent neighborhood.

We engage the community, form partnerships, and develop programs that create a connected, prosperous, and resilient neighborhood. Our vision is to ensure portland's lloyd neighborhood is one of the most sustainable neighborhoods in north america, and a leader in equity, resilience, and climate protection at the local level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$126,775▲ $126,775
Cash and Non-Interest-Bearing Accounts$121,970$35,355▼ $86,615
Accounts Receivable$15,514$7,100▼ $8,414
Land, Buildings, and Equipment, Net$7,018$5,926▼ $1,092
Prepaid Expenses and Deferred Charges$0$161▲ $161
Total Assets$144,502$175,317▲ $30,815
Liabilities
Accounts Payable and Accrued Expenses$13,520$14,167▲ $647
Total Liabilities$13,520$14,167▲ $647
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$130,982$90,450▼ $40,532
Net Assets With Donor Restrictions$0$70,700▲ $70,700
Total Net Assets Fund Balance$130,982$161,150▲ $30,168
Total Liabilities and Net Assets / Fund Balance$144,502$175,317▲ $30,815

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,926$10,518$16,444
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marta HansonInterim Executive DirectorPT$44,470$10,480$54,950

Board Members and Trustees

NameTitle
Mike KortenhofChair
Molly HatfieldVice Chair
Brittany SaulsburyDirector
Elaine AyeDirector
Elisa TaylorDirector
Owen RonchelliDirector
Ryan KinsellaDirector
Kristin LeiberExecutive Director
Kyle AndersenSecretary
Carl AsaiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$262,377
Program Service Revenue
$415
Investment Income
$107
Other Revenue
$-8,016
All Other Contributions
$62,070
Change in Net Assets
$30,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$160,258
Other Expenses$64,457
Total Fundraising Expense$9,461
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$71,260$24,957$4,862$101,079
Current Officers, Directors, Trustees, and Key Employees$30,969$10,846$2,113$43,928
Fees for Services Other$10,692$5,215$1,282$17,189
Payroll Taxes$7,548$2,644$515$10,707
Other Employee Benefits$3,078$1,078$210$4,366
Fees for Services Accounting$1,430$699$171$2,300
Depreciation Depletion$1,347$657$161$2,165
Office Expenses$1,155$563$138$1,856
Other Expenses$39,482$745-$745
Conferences and Meetings-$420-$420
Advertising-$300-$300
Pension Plan Contributions$125$44$9$178
Total Functional Expenses$167,086$48,168$9,461$224,715
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,016
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Model the Way$24,275-$1,933-
Total Events$24,275-$8,016$-8,016
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

The form 990 is prepared by the organization's executive director and reviewed by the organization's treasurer and an outside accountant. In addition, a final draft of the form 990 is made available to the organization's board of directors for review before it is filed.

Form 990, Part VI, Section B, Line 12C

The organization has a written conflict of interest policy, which ls read and understood by all employees and members of the organization's board of directors. All employees and board members are under a continuing obligation to disclose any potential conflict of interest as soon as it is known or reasonably should be known. If lloyd ecodistrict enters into any new significant relationship with businesses or other organizations, this is disclosed at board of director's meetings so that individual board members can assess if there is a conflict of interest.

Form 990, Part VI, Section B, Line 15

In 2022, the compensation of the organization's executive director position was determined to be comparable to other executive directors of nonprofit organizations of similar size in the local portland, oregon, metropolitan area. The executive director's compensation is reviewed by the organization's board of directors in connection with the approval of the annual operating budget. More recently, a local recruiting firm confirmed that the compensation we were paying for our executive director was in alignment with other organizations of our size in the portland metropolitan area.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and conflict of interest policy are readily available to the public, but would be made available to individuals, businesses, and other organizations, upon request. Lloyd ecodistrict's annual financial statements included in its form 990 are available upon request or can be accessed on its website.

Filing and Contact Details

Filer

Filer Name
Lloyd Ecodistrict
EIN
45-5114020
Phone
5037054611
Address
2203 LLOYD CENTER, PORTLAND, OR 97232

Signing Officer

Name
Kyle Andersen
Title
Chair and President
Phone
5037054611
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kyle Andersen
Formed
2012
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
600

Preparer

Firm
Mcdonald Jacobs Pc
Address
520 SW YAMHILL ST STE 500, PORTLAND, OR 97204
Preparer
Sang Ahn
Phone
5032270581
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IRS990/ActivityOrMissionDesc0WE ENGAGE THE COMMUNITY, FORM PARTNERSHIPS, AND DEVELOP PROGRAMS THAT CREATE A CONNECTED, PROSPEROUS, AND RESILIENT NEIGHBORHOOD. OUR VISION IS TO ENSURE PORTLAND'S LLOYD NEIGHBORHOOD IS ONE OF THE MOST SUSTAINABLE NEIGHBORHOODS IN NORTH AMERICA, AND A LEADER IN EQUITY, RESILIENCE, AND CLIMATE PROTECTION AT THE LOCAL LEVEL.
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IRS990/Desc0PEACE MEMORIAL PARK & THE MULTNOMAH POLLINATOR CORRIDORTHE REJUVENATION OF PEACE MEMORIAL PARK SYMBOLIZES A HARMONIOUS BLEND OF ENVIRONMENTAL CONSCIOUSNESS AND COMMUNITY COLLABORATION. NESTLED NEAR THE STEEL BRIDGE AND FLANKED BY THE PICTURESQUE BACKDROP OF THE WILLAMETTE RIVER, THIS PARK, A TRIBUTE TO VICTIMS OF WAR, HAS EVOLVED TO REPRESENT THE INTERPLAY OF CONFLICT, CLIMATE, AND SOCIAL JUSTICE. PARTNERING WITH ESTEEMED ORGANIZATIONS SUCH AS VETERANS FOR PEACE, THE PARK'S VISION HAS WIDENED, EMPHASIZING THE IMPORTANCE OF SUSTAINABLE ECOSYSTEMS THROUGH THE INTRODUCTION OF POLLINATOR-FRIENDLY PLANTS. (CONTINUED ON SCHEDULE O)THE PARK'S RENOVATION PLANS ALSO INCLUDE THE ADDITION OF ENERGY-EFFICIENT AMENITIES, SCULPTURAL ELEMENTS FOR RELAXATION, AND AESTHETIC ENHANCEMENTS. IN 2022, THE PARK SAW A REMARKABLE ENGAGEMENT OF VOLUNTEERS, WITH EVENTS DRAWING IN 160 VOLUNTEER SHIFTS, EQUATING TO A SIGNIFICANT 336 VOLUNTEER HOURS. THESE EFFORTS RESULTED IN THE REMOVAL OF OVER 1,540 POUNDS OF TRASH AND OTHER DEBRIS. COME 2023, THIS ENGAGEMENT INTENSIFIED, WITH 237 VOLUNTEER SHIFTS, 505 VOLUNTEER HOURS, AND AN IMPRESSIVE CLEANUP OF 5,583 POUNDS OF TRASH, AMONG OTHER COMMUNITY-DRIVEN ACTIVITIES. FINANCIAL PROVISIONS HAVE BEEN SET ASIDE, APPROXIMATING $26,000, TO ENSURE THE PARK'S FUTURE DEVELOPMENT ALIGNS WITH ITS REVITALIZED VISION. WE HAVE RENEWED DISCUSSION WITH PBOT, PARKS, AND BES ON A STEWARDSHIP CONTRACT EXPANSION TO DIG UP THE PARK, REMEDIATE SOIL, REPAIR IRRIGATION LINES, AND UPDATE PLANTINGS. THE MULTNOMAH BIKE LANE POLLINATOR CORRIDOR, ESTABLISHED OVER FIVE YEARS AGO, REMAINS A DYNAMIC FUSION OF ECOLOGY, COMMUNITY, AND DESIGN. THIS URBAN TRANSFORMATION, FOCUSED AROUND THE NE MULTNOMAH POLLINATOR BIKEWAY AND BLUMENAUER BRIDGE, HAS BECOME A HAVEN FOR POLLINATORS AND A CANVAS FOR ARTISTS. IN 2022, COLLABORATIONS WITH PBOT, MRAC/GO LLOYD, LCA, AND PARKS LED TO THE DESIGN OF A MURAL AT THE METRO GARAGE NEAR THE BLUMENAUER BRIDGE AND THE REPLANTING OF 30 PLANTERS WITH 80+ NATIVE PLANTS. THE FOLLOWING YEAR SAW THE MURAL'S GRAND INSTALLATION, ACCOMPANIED BY COMMUNITY EVENTS LIKE "BREAKFAST ON THE BRIDGE." ADDITIONALLY, 2023 FEATURED TWO PLANTING EVENTS, INTRODUCING OVER 20 NEW NATIVE SPECIES, AND A SPECIAL POLLINATOR WALKING TOUR FOR THE BPA. AS THE CORRIDOR THRIVES, IT HOLDS PROMISE FOR FUTURE COMMUNITY GARDEN PROJECTS, ENSURING CONTINUED ECOLOGICAL BALANCE AND COMMUNITY ENGAGEMENT.
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IRS990/MissionDesc0SEE SCHEDULE OWE SET GOALS AND IMPLEMENT INITIATIVES IN LLOYD ADDRESSING CONNECTIVITY, HEALTH & WELL-BEING, LIVING INFRASTRUCTURE, PEACE, PLACE, PROSPERITY, AND RESOURCE REGENERATION. IN THE SUMMER OF 2022, WE BECAME A CERTIFIED ECODISTRICT/JUST GROWTH COMMUNITY - A CULMINATION OF THREE YEARS OF VISIONING, PLANNING, AND CONVENING HUNDREDS OF NEIGHBORHOOD STAKEHOLDERS TO CRAFT A COLLECTIVE VISION FOR LLOYD. AS A PART OF THAT CERTIFICATION, WE HAVE DEVELOPED THE LLOYD ECODISTRICT 2030 ROADMAP, WHICH INCLUDES 60 OBJECTIVES FOR BUILDING A MORE EQUITABLE, RESILIENT, AND CLIMATE-PREPARED LLOYD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/FundraisingAmt0138
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0563
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IRS990/OfficeExpensesGrp/TotalAmt01856
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IRS990/OperateHospitalInd00
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01078
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IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMEN
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IRS990/OtherExpensesGrp/TotalAmt1745
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IRS990/PayrollTaxesGrp/FundraisingAmt0515
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IRS990/PensionPlanContributionsGrp/TotalAmt0178
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0161
IRS990/PrincipalOfficerNm0KYLE ANDERSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
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IRS990/ProgSrvcAccomActy2Grp/Desc0KEATON OTIS MEMORIAL PROJECTIN REMEMBRANCE OF KEATON OTIS, A YOUNG MAN TRAGICALLY LOST TO POLICE VIOLENCE IN 2010, THE KEATON OTIS MEMORIAL PROJECT SERVES AS A BEACON OF HOPE, RESILIENCE, AND A CALL FOR JUSTICE. IT UNDERSCORES THE IMPORTANCE OF COMMUNITY-DRIVEN INITIATIVES THAT ADDRESS PRESSING SOCIETAL CONCERNS, SUCH AS POLICE VIOLENCE. LLOYD ECODISTRICT HAS TAKEN AN ACTIVE ROLE AS A CORE MEMBER AND FISCAL SPONSOR OF THE JUSTICE FOR KEATON OTIS COLLECTIVE. IN 2022, SIGNIFICANT STRIDES WERE MADE IN NURTURING RELATIONSHIPS WITH ARTISTS, ACTIVISTS, AND COMMUNITIES AFFECTED BY POLICE VIOLENCE. (CONTINUED ON SCHEDULE O)EFFORTS WERE ALSO CHANNELED INTO COORDINATING COMMUNITY VISIONING SESSIONS TO FINALIZE THE MEMORIAL'S CONCEPT AND SECURING GRANTS FOR THE PROJECT. BY 2023, PHASE 1 OF THE PROJECT, ENCOMPASSING KINTSUGI ART & AND A DEDICATED PLAQUE, WAS COMPLETED. FURTHERMORE, AN UNVEILING EVENT IN SEPTEMBER 2022 ATTRACTED BETWEEN 150-200 ATTENDEES, SOLIDIFYING THE COMMUNITY'S SUPPORT AND COMMITMENT TO THIS CAUSE. THE PROJECT SUCCESSFULLY SECURED $43,000 IN GRANT COMMITMENTS (RECEIVED IN THE FOLLOWING FISCAL YEAR) TO CHAMPION PHASE 2 AND CONTINUES TO WORK TOWARDS THE CREATION OF A POTENTIAL PLAZA, EMPHASIZING THE IMPORTANCE OF COMMUNITY SPACES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt021280
IRS990/ProgSrvcAccomActy3Grp/Desc0LLOYD PREPARESIN ITS COMMITMENT TO FOSTER RESIDENTIAL RESILIENCE, THE "LLOYD PREPARES" INITIATIVE HAS BEEN INSTRUMENTAL IN NURTURING A CULTURE OF PREPAREDNESS THROUGHOUT THE LLOYD NEIGHBORHOOD. THROUGH A SERIES OF WELL-ORCHESTRATED PROJECTS, THE PROGRAM HAS EMPHASIZED THE SIGNIFICANCE OF PERSONAL AND BUILDING EMERGENCY PREPAREDNESS PLANS. THE YEAR 2022 WITNESSED THE ESTABLISHMENT OF KEY COMMUNITY TIES WITH THE PORTLAND NEIGHBORHOOD EMERGENCY TEAM (NET) AND THE COMMUNITY ORGANIZATIONS ACTIVE IN DISASTER (COAD) GROUP. (CONTINUED ON SCHEDULE O)THIS YEAR ALSO MARKED THE DISTRIBUTION OF 150 COVID-19 TEST KITS TO COMMUNITY MEMBERS AND THE PROCUREMENT OF FUNDING FOR THE EMERGENCY PREPAREDNESS WORKSHOP AND THE CHALLENGE CAMPAIGN IN FY23. BY 2023, THE INITIATIVE HAD REACHED COMMENDABLE HEIGHTS, RELEASING CRUCIAL AIR QUALITY RESOURCES TO THE LLOYD COMMUNITY, SUCCESSFULLY EXECUTING THE LLOYD PREPARES CHALLENGE PILOT (WHICH ENGAGED OVER 60 PARTICIPANTS IN EMERGENCY PREPAREDNESS TASKS), AND DISTRIBUTING ESSENTIAL EMERGENCY SUPPLIES. WE LOOK FORWARD TO CONTINUING THIS WORK IN THE NEXT FISCAL YEAR.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt022347
IRS990/ProgSrvcAccomActyOtherGrp/Desc0BROADLY CONVERGING INTO FOUR PRIMARY AREAS: RESIDENTIAL RESILIENCE, PATH TO DECARBONIZATION, CLIMATE ADAPTATION, AND POLLINATOR PLACEMAKING, OUR ORGANIZATION THRIVED IN 2022 AND 2023, PLAYING A PIVOTAL ROLE AS A CONNECTOR BETWEEN POLICY AND PRACTICE. GUIDED BY THE LLOYD CLIMATE RESILIENCY STUDY, OUR EFFORTS REMAINED FOCUSED ON THE IMPORTANCE OF HEALTHY BUILDINGS, ESPECIALLY AS THE WORKFORCE TRANSITIONED BACK TO IN-PERSON ENVIRONMENTS. ADDRESSING AIR QUALITY BECAME A MAJOR CONCERN, WITH VIRTUAL FILM SCREENINGS AND DIALOGUES RAISING AWARENESS. THE ANNUAL LLOYD OPEN HOUSE AND OUR CO-BRANDED FIRESIDE CHAT HIGHLIGHTED THE VIBRANT FUTURE OF LLOYD AND THE COMMUNITIES WE SERVE. THROUGH OUR BUILDING PERFORMANCE BENCHMARKING, WE MADE STRIDES IN THE PATH TO DECARBONIZATION. LAMP AND CHAMP, OUR FLAGSHIP INITIATIVES, FURTHER BOLSTERED OUR COMMITMENT, INTRODUCING INNOVATIVE SOLUTIONS TO ENERGY AND TRANSPORTATION CHALLENGES. LASTLY, THE LEAF FORUM AND OUR RESIDENTIAL ENERGY EFFICIENCY MEASURES SHOWCASED OUR DEDICATION TO FOSTERING COLLABORATIONS AND UPLIFTING ALL COMMUNITY MEMBERS, ENSURING A MORE SUSTAINABLE AND INCLUSIVE FUTURE.
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd01
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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt05926
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND REVIEWED BY THE ORGANIZATION'S TREASURER AND AN OUTSIDE ACCOUNTANT. IN ADDITION, A FINAL DRAFT OF THE FORM 990 IS MADE AVAILABLE TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH LS READ AND UNDERSTOOD BY ALL EMPLOYEES AND MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS. ALL EMPLOYEES AND BOARD MEMBERS ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN OR REASONABLY SHOULD BE KNOWN. IF LLOYD ECODISTRICT ENTERS INTO ANY NEW SIGNIFICANT RELATIONSHIP WITH BUSINESSES OR OTHER ORGANIZATIONS, THIS IS DISCLOSED AT BOARD OF DIRECTOR'S MEETINGS SO THAT INDIVIDUAL BOARD MEMBERS CAN ASSESS IF THERE IS A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN 2022, THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR POSITION WAS DETERMINED TO BE COMPARABLE TO OTHER EXECUTIVE DIRECTORS OF NONPROFIT ORGANIZATIONS OF SIMILAR SIZE IN THE LOCAL PORTLAND, OREGON, METROPOLITAN AREA. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS IN CONNECTION WITH THE APPROVAL OF THE ANNUAL OPERATING BUDGET. MORE RECENTLY, A LOCAL RECRUITING FIRM CONFIRMED THAT THE COMPENSATION WE WERE PAYING FOR OUR EXECUTIVE DIRECTOR WAS IN ALIGNMENT WITH OTHER ORGANIZATIONS OF OUR SIZE IN THE PORTLAND METROPOLITAN AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE READILY AVAILABLE TO THE PUBLIC, BUT WOULD BE MADE AVAILABLE TO INDIVIDUALS, BUSINESSES, AND OTHER ORGANIZATIONS, UPON REQUEST. LLOYD ECODISTRICT'S ANNUAL FINANCIAL STATEMENTS INCLUDED IN ITS FORM 990 ARE AVAILABLE UPON REQUEST OR CAN BE ACCESSED ON ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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