Vertue Lab
Vertue Lab
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About this organization
Mission
To unleash innovation and entrepreneurship that will solve environmental challenges and catalyze shared economic prosperity. VertueLab is one of the first organizations in the country to make direct, program-related investments in cleantech startups. VertueLab partners with funders and innovators in clean technologies to make a global environmental impact. Through a series of focused programs and funding opportunities, we advance promising technologies to market while helping innovators find the resources they need to move their vision forward.
About
Innovation & OutreachVertueLab engages strategically with industry and other clean technology ecosystem stakeholders to promote innovation and make connections that lead to new collaborations between universities, startups, corporations, and others. During the year ended June 30, 2019 the organization helped convene partners to secure a grant to fund several activities that will support the development of a sustainable aquaculture industry in Oregon.
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “Create economic growth and environmental protection through funding and support for clean technology researchers and startups. support the innovation and cleantech ecosystems.”.
When talking about its functions, they were outlined as: “Create economic growth and environmental protection through funding and support for clean technology researchers and startups. support the innovation and cleantech ecosystems.”.
- The legally reported state of operation for the non-profit is OR.
- According to the filing, the non-profit's address in 2020 is 412 SW 12th Avenue Second Floor, Portland, OR, 97205.
- The non-profit organization as of 2020 has a total of 14 employees reported on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $56,435.
- The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 8 independent voting members.
- The organization was formed in 2007.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $1,084,223 in salary, compensation, and benefits to its employees.
- The organization pays $124,598 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.