ALBINA OPPORTUNITIES CORPORATION DBA ASCENT FUNDING
1515 SW FIFTH AVENUE NO 600, PORTLAND, OR 97201

Total Revenue
$-259,872
Total Expenses
$425,893
Net Assets
$-92,975

Organizations Filed Purposes: TO CREATE FINANCIAL EQUITY AND JOBS IN THE PORTLAND AREA THROUGH LENDING AND BUSINESS GUIDANCE TO MINORITY-OWNED, WOMEN-OWNED, DISADVANTAGED, AND LOW INCOME BUSINESS COMMUNITIES. ASCENT FUNDING WAS FOUNDED TO ADDRESS FINANCIAL DISCRIMINATION FACING AFRICAN-AMERICAN OWNED BUSINESSES IN THE ALBINA NEIGHBORHOOD IN NORTH/NORTHEAST PORTLAND. OUR SUPPORT FOR THAT COMMUNITY REMAINS STRONG, BUT OUR REACH HAS EXPANDED TO INCLUDE MINORITY- AND WOMEN-OWNED BUSINESSES AND THOSE IN LOW INCOME COMMUNITIES THROUGHOUT THE PORTLAND METRO AREA.

TO CREATE FINANCIAL EQUITY AND JOBS IN THE PORTLAND AREA THROUGH LENDING AND BUSINESS GUIDANCE TO MINORITY-OWNED, WOMEN-OWNED, DISADVANTAGED, AND LOW INCOME BUSINESS COMMUNITIES.

LENDING: THE ORGANIZATION CLOSED SEVERAL NEW LOANS AND SERVICED ITS ONGOING PORTFOLIO OF OUTSTANDING LOANS.

BUSINESS ADVISORY SERVICES: THE ORGANIZATION PROVIDES PROSPECTIVE AND EXISTING BORROWER-CLIENTS WITH ACCESS TO FREE BUSINESS ADVISORY SERVICES AND EDUCATIONAL WORKSHOPS AND PROGRAMS FROM STAFF AND VOLUNTEER BUSINESS ADVISORS

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Robin WangEXECUTIVE DIRECTOR40$102,045
Erin TochenDIRECTOR1$0
Bryson DavisDIRECTOR1$0
Amy WaysonDIRECTOR1$0
Melissa SangerDIRECTOR1$0
Erik SeldenDIRECTOR1$0
Bruce WattsDIRECTOR1$0
Art HiemstraDIRECTOR1$0
Ward GreeneDIRECTOR1$0
Jeffrey LangDIRECTOR1$0
Sheila HoldenDIRECTOR1$0
Shobi DahlDIRECTOR1$0
Alan GarciaDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202021289349301782_public.xml