Nonprofit · EIN 46-3091737
PORTLAND ECONOMIC INVESTMENT
Tax-exempt · PORTLAND, OR 97204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | -$166,914 | $71,359 | -$238,273 | $2,343,984 | $0 | $2,343,984 |
| June 30, 2024 | 990 | $90,681 | $121,421 | -$30,740 | $3,060,316 | $0 | $3,060,316 |
| June 30, 2023 | 990 | $329,089 | $64,900 | $264,189 | $3,412,249 | $0 | $3,412,249 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- -$163,106
- Net gain from sales of assets
- -$205,625
- Other revenue
- -$3,808
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $13,571
- Program services (functional)
- $68,428
- Management and general (functional)
- $2,931
Balance sheet and other
- Total assets, start of year
- $3,060,316
- Total assets, end of year
- $2,343,984
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,343,984
- Gross receipts
- $197,393
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2013
- State of legal domicile
- OR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GUSTAVO J CRUZ JR | PRESIDENT & DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| ANDREW HOAN | DIRECTOR & SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MONIQUE CLAIBORNE | DIRECTOR & TREASURER Trustee or director, Officer | 0.5 | $0 |
| JEFFREY C WOLFSTONE | ASSISTANT SECRETARY Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GUSTAVO J CRUZ JR | PRESIDENT & DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| ANDREW HOAN | DIRECTOR & SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MONIQUE CLAIBORNE | DIRECTOR & TREASURER Trustee or director, Officer | 0.5 | $0 |
| JEFFREY C WOLFSTONE | ASSISTANT SECRETARY Officer | 0.5 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GUSTAVO J CRUZ JR | PRESIDENT & DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| ANDREW HOAN | DIRECTOR & SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MONIQUE CLAIBORNE | DIRECTOR & TREASURER Trustee or director, Officer | 0.5 | $0 |
| JEFFREY C WOLFSTONE | ASSISTANT SECRETARY Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 601 SW 2ND AVE STE 2100, PORTLAND, OR 97204-3158
- In care of
- % JEFFREY C WOLFSTONE
- Principal officer (990 for 2024)
- GUSTAVO J CRUZ JR, 601 SW SECOND AVE 2100, PORTLAND, OR 97204
- Signed the 990
- GUSTAVO J CRUZ JR, PRESIDENT
- Phone
- (503) 778-2153
- Return prepared by
- TALBOT KORVOLA & WARWICK LLP
Mission
TO PROMOTE THE ECONOMIC DEVELOPMENT OF PORTLAND BY ENCOURAGING AND ASSISTING INDUSTRIAL AND COMMERCIAL ENTERPRISES IN LOCATING AND EXPANDING IN PORTLAND AREA AND ATTRACTING INVESTMENT IN REDEVELOPMENT PROJECTS.
Program accomplishments
- THE ADVANCEMENT OF THE ECONOMIC DEVELOPMENT OF THE CITY OF PORTLAND, OREGON BY ENCOURAGING AND ASSISTING INDUSTRIAL AND COMMERCIAL ENTERPRISES IN LOCATING AND EXPANDING IN PORTLAND AND ATTRACTING INVESTMENT IN CATALYTIC REDEVELOPMENT PROJECTS.Expenses $68,428
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3091737
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $2,343,984
- Income (IRS master file)
- $197,393
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | -$166,914 | $71,359 | $2,343,984 | IRS |
| 990 | June 2024 | $90,681 | $121,421 | $3,060,316 | IRS |
| 990 | June 2023 | $329,089 | $64,900 | $3,412,249 | XML |
| 990 | June 2022 | $758,384 | $88,609 | $3,417,190 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3091737).
Questions about PORTLAND ECONOMIC INVESTMENT
- What is the EIN of PORTLAND ECONOMIC INVESTMENT?
- The employer identification number (EIN) of PORTLAND ECONOMIC INVESTMENT is 46-3091737.
- Is PORTLAND ECONOMIC INVESTMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2014.
- Are donations to PORTLAND ECONOMIC INVESTMENT tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PORTLAND ECONOMIC INVESTMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PORTLAND ECONOMIC INVESTMENT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PORTLAND ECONOMIC INVESTMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PORTLAND ECONOMIC INVESTMENT?
- The 990 for the year ended June 30, 2025 names GUSTAVO J CRUZ JR.
- Who are the officers and directors of PORTLAND ECONOMIC INVESTMENT?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PORTLAND ECONOMIC INVESTMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of -$166,914, expenses of $71,359 and total assets of $2,343,984 at year end.
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All nonprofits in PORTLAND · Oregon · Public and societal benefit