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Nonprofiteer
← OREGON CAPITAL ACCESS NETWORK

Form 990-EZ for tax year 2022

Filed by OREGON CAPITAL ACCESS NETWORK.

Totals

Total revenue
$5,000
Total expenses
$307
Contributions and grants received
$5,000
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$12,493
Total liabilities, end of year
$7,800
Net assets or fund balances, end of year
$4,693
Program service expenses (Part III)
$307

Program services were 100.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

THE ENTITY'S PURPOSE IS TO GRANT MICRO-LOANS TO EMERGING ENTREPRENEURS IN ROCKWOOD AND OTHER LESS AFFLUENT COMMUNITIES IN OREGON.

  • ORGANIZATION IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) THAT FUNCTIONS AS A LENDER WITH A MISSION TO PROVIDE FAIR, RESPONSIBLE FINANCING TO RURAL, URBAN, NATIVE, AND OTHER COMMUNITIES THAT MAINSTREAM FINANCE DOESN'T TRADITIONALLY REACH. WE SPECIALIZE IN LENDING TO INDIVIDUALS, ORGANIZATIONS, AND BUSINESSES IN UNDER RESOURCED COMMUNITIES, OFFERING CLIENTS FINANCIAL EDUCATION, BUSINESS COACHING, AND LOW INTEREST RATE LOANS THAT INCREASE ECONOMIC POTENTIAL AND HELP BUILD WEALTH. WE COUNSEL, TRAIN, MENTOR AND OTHERWISE SUPPORT BUSINESSES AND INDIVIDUALS AS THEY BUILD PROSPERITY.

    Expenses $307

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Eugene Wallace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marcel Newsome

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Brad Ketch

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Stephen Brooks

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Scott Gillis

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
29 June 2023
IRS schema version
2022v5.0
Source object
202311819349200866

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