Portland observer. (Portland, Or.) 1970-current, October 09, 2024, Page 2, Image 2

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    Minority Business
Special Edition 2024
Page 2
October 09, 2024
Photos courtesy of the Community Cycling Center
Emergency Fundraiser to Avoid Closure
CCC Sets New
Fundraising Target
for Sustainability
The Community Cycling Center (CCC)
is proud to announce the success of its ini-
tial emergency fundraiser, which allowed
the organization to surpass its first financial
target and avoid immediate closure. How-
ever, the organization remains in a precari-
ous financial situation, requiring continued
community support to secure its future.
Last month’s fundraiser provided a criti-
cal lifeline, helping to prevent a total shut-
down of operations. However, much like
a “fire danger” warning system, CCC’s
financial status has only shifted from “Ex-
treme” to “High.” Without additional funds
to create a financial safety net, the organi-
zation remains vulnerable to closure.
To stabilize and reach the next stage
of recovery, the CCC has set a goal of re-
ducing the “danger level” to “Moderate”
by raising an additional $54,297 by No-
vember 1st. These funds will help cover
essential operational costs and build the
financial reserves necessary to sustain the
organization during uncertain times.
“This is about more than keeping our
doors open, “said Ruben Alvarado, Exec-
utive Director of the Community Cycling
Center. “It’s about ensuring we can con-
tinue to serve the community by providing
access to bikes, education, and support to
those who need it most.”
The fundraising goal is part of a larger
$349,000 target to be met by December
31st. Ongoing donations are critical to
keeping the CCC’s programs running, in-
cluding its bike refurbishment initiatives
and educational outreach. It costs $250
to provide one individual with a bike and
bike education, which includes refurbish-
ing a donated bicycle and supplying essen-
tial accessories such as helmets, locks, and
winter riding gear.
Reaching the $54,297 goal by Novem-
ber 1st will allow the CCC to connect
217 more people in the Portland metro-
politan area with bikes and essential bike
education. The organization continues to
prioritize its core mission: empowering
individuals, especially from underserved
communities, with the tools and skills they
need to access affordable, healthy, and en-
vironmentally friendly transportation.
In addition to fundraising, the CCC is
taking strategic steps to strengthen its long-
term Sustainability by consolidating roles
and not filling recently vacated leadership
positions, CCC has reduced administrative
costs by 50%, allowing more resources to
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