Portland Foundation
Donations deductibleRevenue
$4.9m
year to 31 December 2024
Expenses
$4.9m
year to 31 December 2024
Total assets
$24.8m
$599k liabilities
Net assets
$24.2m
assets less liabilities
Directors and trustees
10
5.4y av
Staff
3
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
9
named in Part VII
Portland Foundation's network
10 people5 organisationsi10 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (21) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Adam Homan | Director | 2021 | 5 yrs |
| Angela Paxson | Director | 2022 | 4 yrs |
| Audrey Muhlenkamp | Director | 2019 | 7 yrs |
| Douglas L Inman (also filed as Douglas Inman) | Executive Di | 2023 | 3 yrs |
| Jeremy Gulley | President | 2018 | 8 yrs |
| Joshua Atkinson | Director | 2022 | 4 yrs |
| Kaleb Hemmelgarn | Vice Preside | 2020 | 6 yrs |
| Krista Muhlenkamp | Secreatary/T | 2019 | 7 yrs |
| Mark Valentine | Director | 2023 | 3 yrs |
| Richard Huffman | Director | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
9 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Douglas L Inman | Executive Direc | since 2018 |
| Jeremy Gulley | Vice President | since 2021 |
| John Moore | Vice President | since 2018 |
| Krista Muhlenkamp | Secretary/Treasurer | 2022 |
| Pat Bennett | Immediate Past President | since 2018 |
| REX Journay | President | since 2018 |
| Rob Penrod | Secretary/Treasurer | since 2020 |
| Robin Alberson | Secretary/Treasurer | since 2018 |
| Tammy Hanlin | Vice President | since 2020 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Douglas Inman | Executive Di | 40 | $84k | $58k | |
| Jeremy Gulley | President | 1 | $0 | ||
| Kaleb Hemmelgarn | Vice Preside | 1 | $0 | ||
| Krista Muhlenkamp | Secreatary/T | 1 | $0 | ||
| Joshua Atkinson | Director | 1 | $0 | ||
| Adam Homan | Director | 1 | $0 | ||
| Richard Huffman | Director | 1 | $0 | ||
| Audrey Muhlenkamp | Director | 1 | $0 | ||
| Angela Paxson | Director | 1 | $0 | ||
| Mark Valentine | Director | 1 | $0 |
About
- Legal name
- Portland Foundation
- EIN
- 356028362
- Address
- 107 S Meridian St, Portland, IN, 47371-2112
- State
- Indiana
- Mission
- Enhance the quality of life for the people of jay county, indiana, now and for generations to come, by building community endowment, effecting significant impact through grantmaking and providing leadership on key community issues. (as filed on the Form 990)
- Activity (NTEE)
- T31 Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 8 (IRS master file code)
- Formed
- 1951
- Principal officer
- Douglas Inman (as named on the Form 990)
- IRS ruling date
- 1 February 2026
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsJeremy Gulley
≥7years on the filingsAudrey Muhlenkamp
≥7years on the filingsKrista Muhlenkamp
≥6years on the filingsKaleb Hemmelgarn
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $24.8m
- Total liabilities
- $599k
- Net assets or fund balances
- $24.2m
- Contributions and grants received
- $3.6m
- Program service revenue
- $0
- Grants and similar paid out
- $4.5m
- Employees
- 3
Grants paid
19 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| The Portland Foundation Building | Early learning bldg | $3.6m |
| Arts Place | General support | $118k |
| John Jay Center for Learning | General support | $83k |
| Jay County Baseball Club | General support | $75k |
| Jay Community Center | General support | $52k |
| Asbury United Methodist Church | General support | $46k |
| Pennville Community Center | General support | $25k |
| Redkey Junior League | General support | $25k |
| Jay County Historical Society | General support | $23k |
| A Better Life - Brianna's Hope | General support | $21k |
| Jay County Drug Prevention | General support | $20k |
| Purdue University | General support | $20k |
| Cincinnatus League | General support | $17k |
| Jay County Public Library | General support | $14k |
| West Jay Community Center | General support | $12k |
| Glass Museum of Dunkirk | General support | $11k |
| Jay-Randolph Developmental Services | General support | $11k |
| United Way of Jay County | General support | $10k |
| Jay County Fourth of July Committee | General support | $10k |