Overview
What is Looptfoundation?
Looptfoundation is a small, Portland, Oregon-based nonprofit organization, specifically located at 2410 NE 11th Street. Their primary mission revolves around the repurposing of materials and the development of new processes to prevent high-quality materials from ending up in the waste stream. Through research, education, and innovative solutions, they aim to make a significant impact in this area, contributing to a more sustainable future. Although the organization maintains a relatively small workforce of one individual, their commitment to this cause is evident in their mission and activities.
Is Looptfoundation legitimate?
Looptfoundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Looptfoundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $60,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Looptfoundation?
Looptfoundation's mission is centered around providing research, education, and innovative solutions aimed at the repurposing of materials and creation of new processes. This is done to prevent high-quality materials from ending up as waste. In essence, their goal is to promote sustainable practices and foster the development of eco-friendly processes.
Who is the CEO of Looptfoundation?
Sandy Pressley is the Chair of Looptfoundation.
What is the revenue of Looptfoundation?
Looptfoundation's revenue in 2022 was $121,398.
Who are the executives of Looptfoundation and what are their salaries?
The average compensation at Looptfoundation during 2022 was $60,500. There are 1 employees at Looptfoundation.
Here are 4 key members and their salaries:
- Scott Welch (Executive Di) [Trustee/Director]
- Regan Nelson (Secretary) [Trustee/Director]
- Sandy Pressley (Chair) [Trustee/Director]
- Lauren Smith (Treasurer) [Trustee/Director]
Where can I find the form 990 for Looptfoundation?
The Looptfoundation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Looptfoundation
LooptFoundation, a non-profit organization, is dedicated to providing research, education, and innovative solutions for the repurposing of materials and the creation of new processes. Their primary mission is to keep high-quality materials out of the waste stream. By focusing on the repurposing of materials and the development of new processes, LooptFoundation aims to reduce waste and promote sustainability. Their work is instrumental in ensuring that valuable materials continue to be utilized rather than discarded, contributing to a more environmentally friendly future.
Impact
This information is meant to be a general summary of Looptfoundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Tuesday, June 18, 2024
Looptfoundation's impact lies in its dedication to providing research, education, and innovative solutions for repurposing materials and creating new processes to keep high-quality materials out of the waste stream. By focusing on environmental sustainability and resource conservation, Looptfoundation actively contributes to the reduction of waste and the promotion of circular economy principles. Through its initiatives, Looptfoundation helps foster a more sustainable future by facilitating the efficient use of materials and minimizing the negative impact on the environment.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF INVENTORY
Revenue
$104,938
Organization Details
Founding Year
2018
Phone
(503) 972-0168
Principal Officer
Sandy Pressley
Main Address
2410 NE 11TH STREET, PORTLAND, OR, 97214
NTEE Category
Code: C27 - Environment
If you are a representative of Looptfoundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.