Innovative Changes
Innovative Changes
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About this organization
Mission
Innovative Changes helps people build their long term financial health.
About
Lending - Innovative Changes provides responsible small-dollar consumer loans to help borrowers who are experiencing financial emergencies, housing choice voucher holders needing security deposits, and those preparing for asset building opportunities. Since our inception in early 2010 through fiscal year 2019 we originated 1239 small dollar loans, including 499 opportunity and public loans, 604 credit builder loans, 29 emergency loans, 20 loans for survivors of domestic violence, 7 loans for adaptive technology, and 80 loans for moving costs for section 8 housing choice voucher holders.
Interesting data from their 2020 990 filing
The non-profit's mission, as described in the filing, is “Our mission is to help people build their long-term financial health. our vision is a society where all people have access to safe, affordable financial products and services and the ability to use them well. our guiding principles work to advance economic justice for those disenfranchised and excluded by the mainstream financial services sector, celebrate the diverse cultures of our communities by implementing culturally responsive programming and we commit to building a strong, financially sustainable organization.”.
When describing its duties, they were characterized as: “Innovative changes helps people build their long term financial health.”.
- The non-profit has complied with legal regulations by reporting their state of operation as OR.
- The filing shows that the non-profit's address as of 2020 is 2027 LLOYD CENTER, PORTLAND, OR, 97232.
- As of 2020, the non-profit has reported a total of 0 employees on their form.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$108,583.
- The organization has 5 independent voting members.
- The organization was formed in 2009.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $13,227 in fundraising expenses.
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