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Organization For Economic Initiatives Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930952197 ✦ Springfield, OR ✦ Designated as a 501(c)(3)

Overview

What is Organization For Economic Initiatives Inc?

Organization For Economic Initiatives Inc, based in Springfield, Oregon, is a dedicated nonprofit organization. Established in 1986, their primary mission is to contribute to Oregon's economic sustainability and business diversity by providing education, knowledge, and collaboration. They operate the Government Contract Assistance Program (GCAP), which serves as Oregon's Procurement Technical Assistance Program. GCAP offers comprehensive aid to local businesses, guiding them through the processes of pursuing Federal, State, and local government contracts. This assistance includes market assessments, registrations, certifications, understanding regulations, contract types, and contract administration. With a team of 12 individuals, the Organization For Economic Initiatives Inc plays a crucial role in fostering business growth and diversification in Oregon.


Official website here: www.gcap.org

Is Organization For Economic Initiatives Inc legitimate?

Organization For Economic Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Organization For Economic Initiatives Inc 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: $119,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $468,569

For more financial information, click here


Official website here: www.gcap.org

What is the mission statement of Organization For Economic Initiatives Inc?

The Organization for Economic Initiatives Inc is devoted to promoting Oregon's economic sustainability and business diversity. They achieve this goal through education, knowledge sharing, and fostering collaboration. Specifically, they offer comprehensive assistance to local businesses in securing government contracts, providing guidance on market assessment, registrations, certifications, regulations, contract types, and administration. This program, known as the Government Contract Assistance Program (GCAP), has been operational in Oregon since 1986.


Official website here: www.gcap.org

Who is the CEO of Organization For Economic Initiatives Inc?

J Rick Evans is the Executive Dir. of Organization For Economic Initiatives Inc.


Official website here: www.gcap.org

What is the revenue of Organization For Economic Initiatives Inc?

Organization For Economic Initiatives Inc's revenue in 2022 was $989,564.


Official website here: www.gcap.org

Who are the executives of Organization For Economic Initiatives Inc and what are their salaries?

The average compensation at Organization For Economic Initiatives Inc during 2022 was $48,975. There are 12 employees and 5 volunteers at Organization For Economic Initiatives Inc.

Here are 6 key members and their salaries:

    J Rick Evans (Executive Dir.)
  • Compensation: $97,438
  • Related: $0
  • Other: $20,136

    • Stephen Mohorko (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Richards (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Lainoff (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Nesbit (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Warden (Sec/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gcap.org

    Where can I find the form 990 for Organization For Economic Initiatives Inc?

    The Organization For Economic Initiatives Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gcap.org

    Learn more at the official website: www.gcap.org

    Mission Statement of Organization For Economic Initiatives Inc

    The Organization for Economic Initiatives Inc is committed to enhancing Oregon's economic resilience and promoting business diversity. They achieve this mission through education, knowledge sharing, and fostering collaboration. Specifically, the organization operates the Government Contract Assistance Program (GCAP), which has been serving Oregon since 1986. GCAP provides extensive assistance to local businesses, helping them navigate the process of pursuing contracts with federal, state, and local governments. This includes market assessment, registration, certification, understanding regulations, and contract administration. By offering this comprehensive support, the Organization for Economic Initiatives Inc contributes significantly to Oregon's economic sustainability and business diversification.

    Impact

    This information is meant to be a general summary of Organization For Economic Initiatives Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Organization For Economic Initiatives Inc, operating in Springfield, Oregon since 1986, is making a significant impact by contributing to the state's economic sustainability and business diversity. Through their Government Contract Assistance Program (GCAP), they provide crucial support to Oregon businesses in navigating and pursuing government contracts at the federal, state, and local levels. By offering guidance on market assessment, registrations, certifications, regulations, contract types, and contract administration, GCAP is empowering businesses and facilitating their participation in the government contracting space. This initiative not only supports individual businesses but also helps stimulate economic growth and promote business diversity in Oregon.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $50
  • Program Service Revenue: $9,178
  • Gross Receipts: $989,564

    • Assets and Liabilities:
  • Total Assets: $608,234
  • Total Liabilities: $152,397
  • Net Assets: $455,837
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Client Services

    Revenue

    $9,178

    Organization Details

    Founding Year

    1987

    Principal Officer

    J Rick Evans

    Main Address

    1144 Gateway Loop Ste 203, Springfield, OR, 97477

    NTEE Category

    Code: S40 - Community improvement

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