Skip to main content

Nonprofit · EIN 93-0845182

OREGON COLLEGE OF ORIENTAL MEDICINE

Tax-exempt · PORTLAND, OR 97219

Financials

$4.4M$5.4M2022$3.4M$4.5M2023
Revenue Expenses · by fiscal year end
Financials of OREGON COLLEGE OF ORIENTAL MEDICINE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$3,443,856$4,514,812-$1,070,956$3,326,316$7,079,356-$3,753,040
September 30, 2023990$4,394,452$5,384,478-$990,026$6,364,815$8,437,958-$2,073,143
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$171,967
of which government grants
$55,233
Program service revenue
$3,150,615
Investment income
$0
Net income from sales of inventory
$83,406
Other revenue
$121,274

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$508,700
Other salaries and wages
$1,912,436
Salaries, compensation and benefits (total)
$2,810,081
Professional fundraising fees
$0
Occupancy
$307,927
Travel
$2,264
Program services (functional)
$2,965,897
Management and general (functional)
$1,548,915

Balance sheet and other

Total assets, start of year
$6,364,815
Total assets, end of year
$3,326,316
Total liabilities, end of year
$7,079,356
Net assets, end of year
-$3,753,040
Land, buildings and equipment
$2,310,847
Net assets without donor restrictions
-$3,753,040
Gross receipts
$3,546,954
Employees
168
Volunteers
0
Year formed
1983
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PHILIP H LUNDBERGPRESIDENT
Officer
40$212,644$1,613
AMBER APPLETONVICE PRESIDENT
Officer
40$101,237$34,433
VALERIE HOBBSPROGRAM DIRECTOR
Highest-paid employee
40$120,520$3,445
MELISSA GEYERTRUSTEE
Trustee or director
1$0$0
MICHELL M HAYTREASURER
Trustee or director, Officer
1$0$0
GENE HONG MDTRUSTEE
Trustee or director
1$0$0
TRAVIS KERNCHAIR
Trustee or director, Officer
1$0$0
BRAD BEAVERSTRUSTEE
Trustee or director
1$0$0
LAURA BUEERMANNTRUSTEE
Trustee or director
1$0$0
MARGO MCGEHEE-KELLYTRUSTEE
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
SHERRI GREENFORMER PRESIDENT
Officer
40$373,702$1,231
VALERIE HOBBSVICE PRESIDENT
Officer
1$125,570$3,190
PHILIP H LUNDBERGPRESIDENT
Officer
1$120,520$3,185
MELISSA GEYERTRUSTEE
Trustee or director
1$0$0
MICHELL M HAYTREASURER
Trustee or director, Officer
1$0$0
GENE HONG MDTRUSTEE
Trustee or director
1$0$0
TRAVIS KERNCHAIR
Trustee or director, Officer
1$0$0
BRAD BEAVERSTRUSTEE
Trustee or director
1$0$0
LAURA BUEERMANNTRUSTEE
Trustee or director
1$0$0
MARGO MCGEHEE-KELLYTRUSTEE
Trustee or director
1$0$0
KAREN WILLIAMSCHAIR
Trustee or director, Officer
1$0$0
LEAH YAMAGUCCHITRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
7642 SW CAPITOL HWY, PORTLAND, OR 97219-2437
In care of
% KAREN M WILLIAMS JD
Principal officer (990 for 2023)
PHILIP LUNDBERG, 75 NW COUCH STREET, PORTLAND, OR 97209
Signed the 990
PHILIP LUNDBERG, PRESIDENT
Phone
(503) 253-3443
Return prepared by
HOFFMAN STEWART & SCHMIDT PC

Mission

TO TRANSFORM HEALTHCARE BY EDUCATING HIGHLY SKILLED AND COMPASSIONATE PRACTITIONERS, PROVIDING EXEMPLARY PATIENT CARE, AND ENGAGING IN INNOVATIVE RESEARCH WITHIN A COMMUNITY OF SERVICE AND HEALING.

990 for the year ended September 30, 2024

Program accomplishments

  • GRADUATE MEDICAL EDUCATION OFFERING MASTER'S AND DOCTORAL DEGREES INACUPUNCTURE, CHINESE HERBS, BODYWORK, AND INTEGRATIVE MEDICINE. CAMPUSAND COMMUNITY CLINICS OFFER PATIENTS ACCESS TO AFFORDABLE HEALTH CAREAS SAFETY NET SERVICES. RETAIL PRODUCTS AND HERBS ARE AVAILABLE IN OURBOOKSTORE AND MEDICINARY. OCOM LIBRARY COLLECTIONS AND CLINICS SUPPORTRESEARCH AND CRITICAL INQUIRY IN COLLABORATION WITH OTHER MAJOR MEDICALINSTITUTIONS. OCOM HAS GRADUATED MORE THAN 1700 STUDENTS AND CURRENTLYHAS ALUMNI PRACTICING IN 50 STATES, AS WELL AS SEVEN OTHER COUNTRIES.OCOM GRADUATES HAVE PERFORMED AN ESTIMATED 10 MILLION ACUPUNCTURE ANDCHINESE MEDICINE TREATMENTS.
    Expenses $2,965,897 · revenue $3,150,615

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
93-0845182
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B54Z)
Assets (IRS master file)
$3,326,316
Income (IRS master file)
$3,546,954

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$3,443,856$4,514,812$3,326,316XML
990September 2023$4,394,452$5,384,478$6,364,815XML
990September 2022$5,031,389$5,360,294$15,702,275IRS
990September 2021–––IRS
990September 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-0845182).

Questions about OREGON COLLEGE OF ORIENTAL MEDICINE

What is the EIN of OREGON COLLEGE OF ORIENTAL MEDICINE?
The employer identification number (EIN) of OREGON COLLEGE OF ORIENTAL MEDICINE is 93-0845182.
Is OREGON COLLEGE OF ORIENTAL MEDICINE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to OREGON COLLEGE OF ORIENTAL MEDICINE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OREGON COLLEGE OF ORIENTAL MEDICINE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OREGON COLLEGE OF ORIENTAL MEDICINE due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OREGON COLLEGE OF ORIENTAL MEDICINE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of OREGON COLLEGE OF ORIENTAL MEDICINE?
The 990 for the year ended September 30, 2024 names PHILIP LUNDBERG.
Who are the officers and directors of OREGON COLLEGE OF ORIENTAL MEDICINE?
The 990 for the year ended September 30, 2024 lists 10 people; 3 received compensation from the organization, the highest $212,644 (PHILIP H LUNDBERG, PRESIDENT).
How much revenue does OREGON COLLEGE OF ORIENTAL MEDICINE have?
On its 990 for the year ended September 30, 2024 it reported revenue of $3,443,856, expenses of $4,514,812 and total assets of $3,326,316 at year end.

Other nonprofits in PORTLAND

All nonprofits in PORTLAND · Oregon · Education