Philippine American Chamber of Commerce of Oregon
Nonprofit profile at a glance
- EIN
- 931224062
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017, Form 990-N 2019
- Location
- Portland, OR, USA
- Phone
- 5035739603
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International, Foreign Affairs, and National Security N.E.C.
Reported finances
- Revenue
- $456,684
- Expenses
- $958,252
- Assets
- $123,598
- Liabilities
- $46,713
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- JANICE MASON (PRESIDENT)
Highest reported compensation
- JANICE MASON (PRESIDENT): $37,981 total reported compensation
- KRISMIN INOCENTES BELL (EXECUTIVE DI): $28,558 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The philippine american chamber of commerce of Oregon (pacco) is a welcoming and inclusive community dedicated to empowering economic resiliency, affordable sustainability, and purpose-driven global commerce. We focus on creating opportunities for socially and economically disadvantaged communities. Through our equity lens framework, pacco promotes economic opportunity, education, professionalism, and civic engagement. We offer scholarhsips, leadership training programs, and technical assistance to support education, skill development, and entrepreneurial success. Our networking events, workshops, and seminars provide valuable opportunities to forge parnerships, explore new avenues for growth, and expand your network, helping you enhance your brand recognition and reach a broader audience.
What it reported doing in 2024
Programs for socially and economically disadvantaged individuals of historically underserved business owners including technical assistance, resource navigation, and related services.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 94
- Accountability: 72
- Sustainability: 9
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.7%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -109.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 6.9%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 11.6% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 20.8% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 17.6% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.7% of spending went to programs
- Governance: 15 of 15 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $898K in reported program spending
- Leadership: top reported pay $38K · 14 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.