Neighborhood Partnerships, Inc.
Neighborhood Partnerships, Inc.
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About this organization
Mission
We’re a team of diligent and dedicated leaders who are always learning and supporting our communities. Our mission is to bring opportunity to all Oregonians.
About
OREGON IDA INITIATIVE: NEIGHBORHOOD PARTNERSHIPS IS THE MANAGER FOR THE STATE OF OREGON'S INDIVIDUAL DEVELOPMENT ACCOUNT (IDA) INITIATIVE. CONTRIBUTIONS TO NP ARE ALLOCATED TO A NETWORK OF PARTNER ORGANIZATIONS THAT OFFER INDIVIDUAL DEVELOPMENT ACCOUNTS. INDIVIDUAL DEVELOPMENT ACCOUNTS, OR IDAS, ARE MATCHED SAVINGS ACCOUNTS THAT BUILD THE FINANCIAL SKILLS OF QUALIFYING OREGONIANS WITH LOW INCOMES WHILE THEY SAVE TOWARDS A DEFINED GOAL. IDAS OPEN UP PATHWAYS OF OPPORTUNITY AND CREATE MODELS OF ECONOMIC SUCCESS IN OREGON COMMUNITIES. ONCE THE SAVINGS GOAL IS REACHED AND ALL PARTS OF THE SAVINGS PLAN ARE COMPLETED, EVERY DOLLAR SAVED BY A PARTICIPANT IS MATCHED BY THE INITIATIVE, TYPICALLY THREE DOLLARS FOR EVERY ONE DOLLAR SAVED. INITIATIVE PARTICIPANTS MAY BENEFIT FROM MATCHED FUNDS TO HELP THEM PURCHASE A HOME, FULFILL AN EDUCATIONAL GOAL, DEVELOP AND LAUNCH A SMALL BUSINESS, RESTORE A HOME TO HABITABLE SHAPE, PURCHASE EQUIPMENT TO SUPPORT AN EMPLOYMENT GOAL, OR REACH ANOTHER ELIGIBLE FINANCIAL GOAL.IN CALENDAR YEAR 2018, NP RECEIVED $10,876,217 IN DONATIONS FOR THIS INITIATIVE, WHICH WERE ALLOCATED IN 2019 TO HELP OVER 1,400 ADDITIONAL LOW-INCOME OREGONIANS ACROSS THE STATE INCREASE THEIR FINANCIAL SECURITY. INITIATIVE PARTNERS ARE CURRENTLY OFFERING IDAS IN 36 COUNTIES IN OREGON, AND ARE RAPIDLY EXPANDING TO COVER EVERY COMMUNITY IN THE STATE. MORE THAN 3,400 INDIVIDUALS CURRENTLY ARE SAVING THROUGH THIS INITIATIVE.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “Neighborhood partnerships, inc. (np or the organization) is an oregon nonprofit corporation founded in 1989 to harness the state's existing spirit of ingenuity to break down barriers to opportunity for all oregonians. the organization receives support from public and private foundations, government agencies, and corporations and individuals.np believes that bringing oregon leaders together and challenging preconceived notions is the only way we'll solve our state's most intractable problems related to financial stability. through thought and program leadership, np engages in: - policy and advocacy - strategic communications - financial inclusion - management of the oregon individual development account initiative”.
When discussing its operations, they were characterized as: “Neighborhood partnerships works to create opportunity for oregonians with lower incomes, through administration, development, and articulation of programs and policies which increase household financial stability and resilience.”.
- The non-profit's legally reported state of operation is OR.
- The filing states that the non-profit's address in the year 2020 is 2501 SW FIRST AVE 120, PORTLAND, OR, 97201.
- The form submitted by the non-profit for 2020 shows a total of 17 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $310,398.
- The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 13 independent voting members.
- The organization was formed in 1989.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $849,280 in salary, compensation, and benefits to its employees.
- The organization pays $42,577 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.