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Portco, Inc

Portco, Inc

Portsmouth, VA 23707
Tax ID54-1598359

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Amount

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About this organization

Revenue

$8,049,385

Expenses

$7,760,421

Website

portco.org

Mission

Portco is an employment service organization providing transitional, supported employment and vocational services to individuals with disabilities who could not otherwise find and maintain competitive employment on their own.

About

Provide employment opportunities to people with disabilities.

Interesting data from their 2019 990 filing

The purpose of the non-profit, as set forth in the filing, is “To provide employment opportunities to people with disabilities.”.

When discussing its purpose, they were characterized as: “To provide employment opportunities to people with disabilities.”.

  • The state in which the non-profit is legally authorized to operate is VA, as reported.
  • The filing confirms that the non-profit's address in 2019 was 800 LOUDOUN AVE, PORTSMOUTH, VA, 237073217.
  • The form of the non-profit reports 267 employees as of 2019.
  • 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 $288,964.
  • The CEO salary plan within the organization is not subject to review and approval by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 6 independent voting members.
  • The organization was formed in 1991.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $5,061,931 in salary, compensation, and benefits to its employees.
  • The organization pays $0 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's financial statements were reviewed by an accountant.

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