NonprofitsPortland Regional Educational Telecommunications Corporation

Portland Regional Educational Telecommunications Corporation

PORTLAND, OR

Total revenue

$716K

Total expenses

$461K

Net assets

$7.6M

Grants received

EIN

841360071

Tax year

2023

Mission

PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION (PRETC) IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR "CHARITABLE, SCIENTIFIC AND EDUCATION AND SOCIAL WELFARE" PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)3 AND 501(C)4, RESPECTIVELY, OR THE INTERNAL REVENUE CODE. TO THIS END, THE NONPROFIT SHALL UNDERTAKE ACTIVITIES TO: Transmit educational programming in the greater Portland area using frequencies regulated by the Federal Communications Commission. PRETC focuses on philanthropic initiatives through the Oregon Raindrop Fund that advance social justice and equity, and that work to bridge the digital divide.

Programs

1 program

DIGITAL DIVIDE INITIATIVE: PRETC relocated management to Oregon and established philanthropic initiatives under the name Oregon Raindrop Fund (ABN #1985537-95; www.oregonraindrop.org). Oregon Raindrop Fund envisions a socially equitable and just world, with an empowered, well-informed public, actively engaged in a thriving democracy. Through the Progress Initiative we provide grants to progressive causes, organizations, and leaders that realize meaningful impacts toward economic and social justice. Grantmaking includes support for fair and just participation in the democratic process. Support for civic engagement efforts focused on voter registration, education, and mobilization. Support to identify, develop, and elect political leaders who are committed to progressive issues. And support for grassroots advocacy and outreach that realizes impacts on a wide range of progressive issues.

Expenses: $32K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue
Investment income$120K
Other revenue$596K
Total revenue$716K

Expenses

Grants paid$172K
Salaries & benefits$139K
Fundraising
Other expenses$150K
Total expenses$461K
Total assets$7.7M
Net assets$7.6M

People

7 listed

NameRoleCompensation

JONATHAN DUKE SHEPARD

INT EXEC DIR

Board

$11K

40 hrs/wk

JOHN SCHWARTZ

Director & PRES

Board

1 hrs/wk

THOM HARTMANN

Vice President

Board

1 hrs/wk

THOMAS NEUBURGER

Treasurer

Board

1 hrs/wk

KARI CHISHOLM

Director & PRES

Board

1 hrs/wk

ELIZABETH SMITH

Executive Dir

Board

40 hrs/wk

JOHN LANG

FMR EXECUTIVE DIRECTOR

Staff

$111K

40 hrs/wk

Details

EIN841360071
Subsection04
Ruling date1998-02
Formed1983
Employees1
PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION — Mission, Financials & Grants Received | Grantivo