EIN 26-1652936

VertueLab

IRS 501(c) type
501(c)(3)
Num. employees
13
State
Year formed
2007
Most recent tax filings
2022-06-01
Description
VertueLab funds and supports cleantech startups in Portland, fostering innovation to address environmental issues and promote shared economic prosperity.
Also known as...
Oregon Built Environment and Sustainable Technologies Center
Total revenues
$2,827,087
2022
Total expenses
$1,883,081
2022
Total assets
$6,880,373
2022
Num. employees
13
2022

Program areas at VertueLab

Catalyze companies is focused on direct engagement with startups to provide coaching and support, improving their success. These programs help startup companies access funding, get support from experienced entrepreneurs, meet customers, grow their teams, and tell their stories.
Catalyze impact encompasses activities focused on measuring and managing the social, economic, and environmental impact of Vertuelab's pipeline companies, and their portfolio companies, increasing the impact of innovation, and convening the cluster to increase impact, plan for and verify maximum triple-bottom-line impact: impact measurement, dei strategy & practice, and innovation implemented.
Catalyze capital is focused on addressing the need for improved access to capital for early-stage cleantech ventures and increasing the base of risk capital available in the region.

Who funds VertueLab

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$131,000
Meyer Memorial Trust (MMT)To Strengthen Vertuelab's Diversity, Equity and Inclusion Capacity and Expand Their Support for Green Technology Entrepreneurs of Color Including Providing Capital for Climate-Focused New Technologies$83,591
Schwab Charitable FundPublic, Societal Benefit$75,250
...and 5 more grants received

Personnel at VertueLab

NameTitleCompensation
Aina AbiodunExecutive Director
Felicia KangDirector of Finance and Operations
Ken VaughnDirector of Impact Investments$137,669
Juan BarrazaDirector of Innovation and
Marion VaughnDirector Impact Investm$141,654
...and 8 more key personnel

Financials for VertueLab

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,122,074
Program services$44,365
Investment income and dividends$660,648
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,827,087

Form 990s for VertueLab

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-08990View PDF
2021-062022-05-11990View PDF
2020-062021-05-28990View PDF
2019-062020-11-25990View PDF
2018-062019-08-07990View PDF
...and 8 more Form 990s
Data update history
December 17, 2023
Updated personnel
Identified 3 new personnel
October 25, 2023
Received grants
Identified 3 new grant, including a grant for $83,591 from Meyer Memorial Trust (MMT)
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchLobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
PO Box 212
Portland, OR 97207
Metro area
Portland-Vancouver-Hillsboro, OR-WA
County
Multnomah County, OR
Website URL
vertuelab.org/ 
Phone
(971) 770-2378
IRS details
EIN
26-1652936
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U12: Science and Technology Fund Raising and Fund Distribution
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
Free account sign-up

Want updates when VertueLab has new information, or want to find more organizations like VertueLab?

Create free Cause IQ account