2025-11-14T00:03:53-06:00 2024-12-31 930928924 PERKINS & COMPANY PC 1211 SW FIFTH AVE SUITE 1000 PORTLAND OR 97204 990 2024-01-01 205922785 GREATER PORTLAND INC GREA 5034458065 111 SW COLUMBIA ST 1180 PORTLAND OR 97201 MONIQUE CLAIBORNE PRESIDENT & CEO 5034458065 2025-11-12 1 1 NICHOLAS MURRAY P01939612 5032210336 2025-11-12 2024 2025-03-06 01:10:19Z MONIQUE CLAIBORNE 111 SW COLUMBIA ST 1180 PORTLAND OR 97201 3395605 0 X WWW.GREATERPORTLANDINC.COM X 2006 OR TO PROMOTE A SUSTAINABLE AND VIBRANT ECONOMIC FUTURE FOR THE PORTLAND-VANCOUVER METROPOLITAN AREA 30 30 8 36 0 0 863400 2500000 79113 848884 39 46721 0 0 942552 3395605 0 0 0 0 753106 638341 0 0 0 649324 472130 1402430 1110471 -459878 2285134 491114 2742396 180876 147024 310238 2595372 X GREATER PORTLAND INC. IS A PRIVATE-SECTOR SUPPORTED ECONOMIC DEVELOPMENT ORGANIZATION WHOSE MISSION IS TO PROMOTE THE GREATER PORTLAND METROPOLITAN AREA TO BRING GOOD COMPANIES AND JOBS TO THE REGION AND TO SUPPORT AND GROW THE DIVERSE BUSINESSES THAT HAVE MADE THEIR HOME HERE. 0 0 BUSINESS DEVELOPMENT:DURING 2024, GREATER PORTLAND INC. ("GPI") CONTINUED TO ASSIST WITH BUSINESS RECRUITMENT BY CREATING TARGETED AWARENESS OF THE VALUE PROPOSITION FOR THE REGION AS A PLACE FOR BUSINESS AND GROWS THE RECRUITMENT FUNNEL TO BRING TRADED-SECTOR EXPANSION AND RELOCATION PROJECTS TO THE REGION THROUGH THE FOLLOWING:COORDINATION OF TAILORED RESEARCH FOR SUITABLE LAND AND BUILDINGS, LABOR AVAILABILITY, AND OTHER RELEVANT INFORMATION.FACILITATION OF KEY PARTNERSHIPS WITH LOCAL UTILITY COMPANIES, HIGHER EDUCATION AND OTHER BUSINESS DEVELOPMENT PARTNERS.ASSISTANCE TO LOCAL COMMUNITY PARTNERS WITH BUSINESS RETENTION/EXPANSION AND GENERAL ECONOMIC DEVELOPMENT EFFORTS THROUGH THE FOLLOWING:PREPARATION OF THE MOST CURRENT MARKET, ECONOMIC AND DEMOGRAPHICINFORMATION.DEVELOPMENT OF THE GREATER PORTLAND GLOBAL PLAN TO INCREASE EXPORTS ANDFOREIGN DIRECT INVESTMENT ACTIVITY IN THE REGION.ABILITY TO PROVIDE INDUSTRY AND MARKET ANALYSIS, ECONOMIC AND FISCALANALYSIS AND OPERATION COST COMPARISON ANALYSIS.IN 2024, GPI BROUGHT 690 NEW JOBS TO THE REGION. INVESTOR RELATIONS:GPI CONTINUED TO DEVELOP AND EXECUTE A STRATEGY THAT TARGETS AND GARNERS NEW INVESTORS, AS WELL AS STRATEGICALLY ENGAGING EXISTING INVESTORS AND REGIONAL STAKEHOLDERS TO SUSTAIN ORGANIZATIONAL VIABILITY AND RELEVANCY THROUGH THE FOLLOWING:CONDUCTS REGULAR OUTREACH TO INVESTORS AND STAKEHOLDERS THROUGH COMMUNICATIONS, MEETINGS AND EVENTS TO INCREASE THE VISIBILITY OF GPI IN THE COMMUNITY, SHARE GPI INFORMATION AND BETTER UNDERSTAND STAKEHOLDER INTERESTS AND NEEDS RELATIVE TO REGIONAL ECONOMIC DEVELOPMENT.GPI'S AMBASSADOR PROGRAM HOSTS EVENTS WHERE EMERGING LEADERS LEARN ABOUT REGIONAL ASSETS, COLLECTIVE AND INDIVIDUAL STRENGTHS OF COMPANIES AND INSTITUTIONS, SUCCESSES AND CHALLENGES IN GROWING THE ECONOMY AND BUILD AN OVERALL UNDERSTANDING OF HOW PUBLIC AND PRIVATE ENTITIES WORK TOGETHER TO STRENGTHEN OUR REGION. THIS ENSURES THAT GPI'S AMBASSADORS ARE EDUCATED THOUGHT-LEADERS WHO UNDERSTAND THE INTRICACIES OF REGIONAL ECONOMIC ISSUES AND OUR DEVELOPMENT STRATEGIES.IN 2024, GPI HOSTED AMBASSADOR EVENTS, INCLUDING THE GREATER PORTLAND ECONOMIC SUMMIT, WHICH FOCUSED ON THE ROLE OF THE PRIVATE SECTOR IN OUR REGION'S RECOVERY. 350 COMMUNITY LEADERS ATTENDED THIS EVENT. REGIONAL STRATEGY:GPI MANAGED THE REGION'S FIVE-YEAR COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS) FOR 2022-2027. 250 INDIVIDUALS REPRESENTING 100+ ORGANIZATIONS CONTRIBUTED TO THE CEDS. GPI WILL SERVE A LEADERSHIP ROLE IN 9 OF THE 44 RECOMMENDATIONS. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 0 1 8 1 0 0 0 0 0 0 0 0 X 30 30 0 0 1 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X JON MARTIN CO RAVENSVIEW 5038939625 6700 SW 105TH AVE SUITE 109 BEAVERTON OR 97008 RANDY EALY CHAIR & DIRECTOR 2.00 4.00 X X 0 0 0 MICHELLE WEISENBACH PAST CHAIR & DIRECTOR 2.00 0.00 X X 0 0 0 ANNE MCENERNY-OGLE VICE CHAIR & DIRECTOR 4.00 0.00 X X 0 0 0 DIETRICH WIELAND VICE CHAIR & DIRECTOR 2.00 0.00 X X 0 0 0 ALAN GARCIA SECRETARY & DIRECTOR 4.00 4.00 X X 0 0 0 GABE GOMEZ TREASURER & DIRECTOR 2.00 0.00 X X 0 0 0 JENNIFER BAKER DIRECTOR 2.00 0.00 X 0 0 0 MIKE BOMAR DIRECTOR 2.00 4.00 X 0 0 0 KIMBERLY BRANAM DIRECTOR 2.00 2.00 X 0 0 0 FRANK BUBENIK DIRECTOR 2.00 2.00 X 0 0 0 STEVE CALLAWAY DIRECTOR 2.00 0.00 X 0 0 0 MIKE CLIFFORD DIRECTOR 2.00 0.00 X 0 0 0 BILL DOLAN DIRECTOR (OUTGOING PART-YEAR) 2.00 0.00 X 0 0 0 THEODORE FETTIG DIRECTOR 2.00 0.00 X 0 0 0 TINA GULDBERG DIRECTOR 2.00 0.00 X 0 0 0 MIRIAM HALLIDAY DIRECTOR 2.00 0.00 X 0 0 0 MARION HAYNES DIRECTOR 2.00 0.00 X 0 0 0 ANDREW HOAN DIRECTOR 4.00 2.00 X 0 0 0 MIKE HURLEY DIRECTOR 2.00 0.00 X 0 0 0 TAMARA KENNEDY DIRECTOR 2.00 2.00 X 0 0 0 MICHAEL KERR DIRECTOR 2.00 0.00 X 0 0 0 DAN MALINARIC DIRECTOR 2.00 0.00 X 0 0 0 JIM MARK DIRECTOR 2.00 0.00 X 0 0 0 MEL NETZHAMMER DIRECTOR 2.00 2.00 X 0 0 0 MAYOR TIM ROSENER DIRECTOR (ALTERNATE) 2.00 0.00 X 0 0 0 ERIC SCHMIDT DIRECTOR 2.00 2.00 X 0 0 0 MARTHA SCHRADER DIRECTOR (OUTGOING PART-YEAR) 2.00 2.00 X 0 0 0 ASHTON SIMPSON DIRECTOR 2.00 0.00 X 0 0 0 LISA SKARI DIRECTOR (ALTERNATE) 2.00 0.00 X 0 0 0 LORI STEGMANN DIRECTOR 2.00 2.00 X 0 0 0 BRIGITTE SUTHERLAND DIRECTOR 4.00 0.00 X 0 0 0 JAMES WALKER DIRECTOR 2.00 0.00 X 0 0 0 TED WHEELER DIRECTOR (OUTGOING PART-YEAR) 2.00 0.00 X 0 0 0 JERRY WILLEY DIRECTOR 2.00 0.00 X 0 0 0 AMY WINTEROWD DIRECTOR 4.00 0.00 X 0 0 0 MONIQUE CLAIBORNE PRESIDENT & CEO 34.00 6.00 X 229041 57039 25405 JAMES RADER CFO 7.00 2.00 X 50717 0 0 279758 57039 25405 1 0 1 0 0 2500000 2500000 MEMBERSHIP DUES 900099 765882 765882 EVENT REVENUE 900099 83002 83002 848884 46721 46721 3395605 848884 0 46721 298750 242206 16951 23965 56469 68839 74560 3417 35151 25846 23553 218832 835 2752 DUES AND SUBSCRIPTIONS 18345 1110471 235114 113510 15915 2400826 11300 32063 1250 1765 151015 150170 1679 845 225856 193387 491114 2742396 111967 53594 68909 93430 180876 147024 X 298938 2563309 11300 32063 310238 2595372 491114 2742396 2285134 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 PART III-A, LINE 3: N/A 151015 150170 845 845 DUE FROM GPEDD 193387 193387 DUE TO GPPEA 93430 93430 X PART X, LINE 2: GPI, GPEDD AND GPPEA HAVE BEEN GRANTED NOT-FOR-PROFIT STATUS IN ACCORDANCE WITH SECTION 501(C)(6), 501(C)(4) AND 501(C)(3), RESPECTIVELY, OF THE INTERNAL REVENUE CODE ("THE CODE"), AND ARE THEREFORE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. TO THE EXTENT THAT THE ORGANIZATION WAS ASSESSED INTEREST OR PENALTIES ASSOCIATED WITH INCOME TAX POSITIONS, SUCH EXPENSE WOULD BE RECOGNIZED AS INTEREST EXPENSE. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS. X X X 0 0 0 MONIQUE CLAIBORNE PRESIDENT & CEO 168929 57039 60112 0 0 0 6506 2197 12486 4216 248033 63452 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION MADE CHANGES TO ITS BYLAWS, GIVING THE EXECUTIVE COMMITTEE THE AUTHORITY TO ACT FOR THE BOARD OF DIRECTORS ON ALL MATTERS EXCEPT THOSE DISALLOWED FOR ALL COMMITTEES AND AS OTHERWISE RESERVED BY THE BOARD OF DIRECTORS. IT ENSURES THAT THERE IS AT LEAST ONE MEMBER OF THE EXECUTIVE COMMITTEE REPRESENTING THE COMMUNITY OF VANCOUVER, WA. IN ADDITION, THE UPDATED BYLAWS SPECIFY THAT A DIRECTOR MAY, WITH 24 HOUR WRITTEN NOTICE, DESIGNATE A PROXY IN AN EQUIVALENT ROLE TO ATTEND AND VOTE ON THEIR BEHALF ONCE PER QUARTER. FORM 990, PART VI, SECTION A, LINE 6 EACH MEMBER IN MEMBERSHIP CLASSIFICATIONS ENTITLED TO VOTE SHALL HAVE ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL FOUNDING SPONSORS WHO MAINTAIN THEIR MEMBERSHIP IN GOOD STANDING SHALL BE ENTITLED AT ALL TIMES TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS. UP TO ONE-HALF (1/2), BUT NOT MORE THAN FOUR (4) PLATINUM SPONSORS SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. THEREAFTER, AT EACH SUBSEQUENT ANNUAL MEETING OF THE BOARD OF DIRECTORS, PLATINUM SPONSORS WHO HAVE NOT HAD A REPRESENTATIVE ON THE BOARD OF DIRECTORS DURING THE PRIOR TERM SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. SUBJECT TO MINOR ADJUSTMENTS BY THE BOARD OF DIRECTORS IN ORDER TO CREATE TWO (2) CLASSES OF EQUAL SIZE, THIS ROTATION SHALL BE BASED FIRST UPON DUES PAID BY THE PLATINUM SPONSOR AND THEN BY SENIORITY OF MEMBERSHIP IN THE CORPORATION AND SHALL CONTINUE SO LONG AS THE PLATINUM SPONSOR MAINTAINS ITS MEMBERSHIP IN GOOD STANDING. UP TO ONE-THIRD (1/3) BUT NOT MORE THAN FOUR (4) GOLD SPONSORS SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. COMMENCING AT THE SECOND ANNUAL MEETING OF THE BOARD OF DIRECTORS, UP TO ONE-THIRD (1/3) BUT NOT MORE THAN FOUR (4) GOLD SPONSORS WHO HAVE NOT HAD A REPRESENTATIVE ON THE BOARD OF DIRECTORS DURING THE PRIOR TERM SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. THEREAFTER, AT EACH SUBSEQUENT ANNUAL MEETING OF THE BOARD OF DIRECTORS, GOLD SPONSORS WHO HAVE NOT HAD A REPRESENTATIVE ON THE BOARD OF DIRECTORS DURING THE PRIOR TWO TERMS SHALL BE ENTITLED TO HAVE AND APPOINT ONE (1) REPRESENTATIVE TO THE BOARD OF DIRECTORS FOR A TERM EXPIRING AT THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. SUBJECT TO MINOR ADJUSTMENTS BY THE BOARD OF DIRECTORS IN ORDER TO CREATE THREE (3) CLASSES OF EQUAL SIZE, THIS ROTATION SHALL BE BASED FIRST UPON DUES PAID BY THE GOLD SPONSOR AND THEN BY SENIORITY OF MEMBERSHIP IN THE CORPORATION AND SHALL CONTINUE SO LONG AS THE GOLD SPONSOR MAINTAINS ITS MEMBERSHIP IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST QUESTIONNAIRES EACH YEAR. THE QUESTIONNAIRES ARE REVIEWED AND ANY POTENTIAL CONFLICTS INVOLVING DIRECT OR INDIRECT INTERESTS ARE ANALYZED. DIRECTORS WITH A CONFLICT OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN ALL VOTES RELATED TO THE ASSOCIATED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE CEO'S COMPENSATION, USES COMPARABILITY DATA, AND CONTEMPORANEOUSLY DOCUMENTS DELIBERATIONS AND DECISIONS. THIS PROCESS WAS LAST UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION B, LINE 15B: THE CEO REVIEWS AND APPROVES COMPENSATION OF OTHER OFFICERS AND CONTEMPORANEOUSLY DOCUMENTS DELIBERATIONS AND DECISIONS. THERE ARE NO KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. GREATER PORTLAND ECONOMOMIC DEVELOPMENT DISTRICT 111 SW COLUMBIA SUITE 1180 PORTLAND OR 97201 061706401 TO PROMOTE REGIONAL ECONOMIC DEVELOPMENT OR 501(C)(4) GREATER PORTLAND INC 1 GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT 111 SW COLUMBIA SUITE 1180 PORTLAND OR 97201 462572370 TO LESSEN ECONOMIC DEVELOPMENT BURDENS ON REGIONAL GOVERNMENT BODIES OR 501(C)(3) LINE 7 GREATER PORTLAND INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 GREATER PORTLAND ECONOMIC DEVELOPMENT DISTRICT O 81530 FAIR MARKET VALUE GREATER PORTLAND PARTNERSHIP FOR ECONOMIC ADVANCEMENT O 117584 FAIR MARKET VALUE