Overview
What is Lloyd Bid Inc?
Lloyd Bid Inc, a nonprofit organization based in Portland, Oregon, focuses on transportation management and sustainability within its district. They have established a transportation management association that serves as a national model for neighborhood-based access management. The organization strives to connect people and places by fostering partnerships and creating transportation solutions, promoting efficient and balanced transportation systems and land use patterns. Highlights of their work include administering a flat-rate universal transit pass program for 28 businesses, saving participating businesses a combined $2.5 million annually, reducing vehicle miles traveled by approximately 4.4 million miles annually, and improving air quality. They have also secured funding and re-convened the Multnomah Street Task Force to create a permanent streetscape plan and preferred bikeway design for NE Multnomah Street. Additionally, they have partnered with the Portland Bureau of Transportation on a pedestrian improvement project, hosted numerous transportation-related events annually, and focused on public safety, transportation access, landscape beautification, economic development, and district advocacy.
Is Lloyd Bid Inc legitimate?
Lloyd Bid Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lloyd Bid 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 not tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lloyd Bid Inc?
Lloyd Bid Inc's mission is to fund supplemental transportation management, promote sustainability, and job development services within a district. Significant activities of the organization have focused on public safety, transportation access, landscape beautification, economic development, and district advocacy. The organization has created an effective Transportation Management Association (TMA) that serves as a national model for neighborhood-based access management. They connect people and places by creating partnerships and transportation solutions to make their district extraordinary. Their activities include administering a Universal Transit Pass Program, reducing vehicle miles traveled, and securing funding for transportation improvements, among others. These efforts have resulted in significant air quality improvements, savings in potential parking development costs, and the removal of thousands of single occupant vehicles from the peak commute hour.
Who is the CEO of Lloyd Bid Inc?
Chris Oxley is the Vice President of Lloyd Bid Inc.
What is the revenue of Lloyd Bid Inc?
Lloyd Bid Inc's revenue in 2022 was $512,311.
Who are the executives of Lloyd Bid Inc and what are their salaries?
- Henry A Ashforth Iii (Chairman) [Trustee/Director]
- Chad Mitchell (Director)
- Bob Gravely (Director)
- Wade Lange (Treasurer) [Trustee/Director]
- Dennis Henderson (Director)
- Craig Stroud (Director)
- Lisa Klein (Director)
- Chris Oxley (Vice President) [Trustee/Director]
- Hannah Dondy-Kaplan (Director)
- Keith Jones (Director)
Where can I find the form 990 for Lloyd Bid Inc?
The Lloyd Bid Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Lloyd Bid Inc
Lloyd Bid Inc, a notable organization, is dedicated to funding supplemental transportation management, promoting sustainability, and job development services within a district. Their significant activities focus on public safety, transportation access, landscape beautification, economic development, and district advocacy.
The organization is renowned for creating an effective Transportation Management Association (TMA), which serves as a national model for neighborhood-based access management. Lloyd Bid Inc connects people and places by fostering partnerships and transportation solutions, making the district extraordinary. This is achieved through cooperative, business-supported programs that promote efficient, balanced transportation systems and land use patterns.
Some of the notable programs include administering the Lloyd (flat-rate) Universal Transit Pass program to 28 businesses, representing nearly 4,000 employees. This program saves participating businesses a combined $2.5 million annually. Employer and resident participation in Lloyd Bid Inc's transit, bicycle, and pedestrian programs have helped remove over 1,100 single-occupant vehicles from the peak commute hour, freeing up valuable parking for customers and visitors alike. This has saved the region approximately $50 million in potential parking development costs.
Furthermore, reduced vehicle miles traveled (VMT) to the neighborhood by approximately 4.4 million miles annually, resulting in significant air quality improvements, such as the annual removal of nearly 2,000 tons of carbon dioxide. Lloyd Bid Inc has also secured funding and re-convened the Multnomah Street Task Force to create a permanent streetscape plan and preferred bikeway design for NE Multnomah Street. They have partnered with the Portland Bureau of Transportation (PBOT) on a pedestrian improvement project that provided enhanced safety improvements at mid-block pedestrian crossings at NE 16th Avenue between Multnomah and Halsey Streets. Lastly, Lloyd Bid Inc hosts over two dozen transportation-related events annually.
Impact
This information is meant to be a general summary of Lloyd Bid Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Tuesday, June 18, 2024
Lloyd Bid Inc's impact can be seen through its successful initiatives in funding supplemental transportation management, promoting sustainability, and developing job opportunities within the district. One of its key achievements is the creation of an effective Transportation Management Association (TMA) known as Go Lloyd. This TMA has become a national model for neighborhood-based access management, connecting people and places through partnerships and transportation solutions to enhance the Lloyd district.
Through programs like the Lloyd universal transit pass program, Lloyd Bid Inc has made significant strides in reducing single-occupant vehicle trips during peak commute hours, resulting in the removal of over 1,100 vehicles annually and saving the region approximately $50 million in potential parking development costs. The organization has also played a role in improving air quality by reducing vehicle miles traveled to the neighborhood by 4.4 million miles annually, leading to an annual removal of nearly 2,000 tons of carbon dioxide.
Additionally, Lloyd Bid Inc has been instrumental in securing funding for important streetscape projects and pedestrian safety improvements in collaboration with entities like the Portland Bureau of Transportation. By hosting numerous transportation-related events each year, the organization has actively engaged the community and stakeholders in promoting efficient, balanced transportation systems and land use patterns.
Overall, Lloyd Bid Inc's impact is evident in its contributions to enhancing public safety, transportation access, landscape beautification, economic development, and district advocacy, all of which are crucial for creating a vibrant and sustainable community in the Lloyd district of Portland, Oregon.
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.
FEES AND ASSESSMENTS
Revenue
$477,237
Organization Details
Phone
(503) 242-0084
Principal Officer
Chris Oxley
Main Address
700 NE MULTNOMAH 340, PORTLAND, OR, 97232
NTEE Category
Code: C20 - Environment
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