Fiber Broadband Association is located in Spokane, WA. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Fiber Broadband Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fiber Broadband Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Fiber Broadband Association generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, PROMOTE, AND ACCELERATE FIBER TO THE HOME AND RESULTING QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE, PROMOTE AND ACCELERATE FIBER TO THE HOME AND THE RESULTING QUALITY OF LIFE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Bolton President An | Officer | 40 | $318,154 |
Joe Jensen Treasurer | OfficerTrustee | 5 | $0 |
Gregg Logan Secretary | OfficerTrustee | 5 | $0 |
Kevin Morgan Chair Elect | OfficerTrustee | 5 | $0 |
Katie Espeseth Chair | OfficerTrustee | 5 | $0 |
Mark Boxer Director | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Smartgig Media Event | 12/30/21 | $376,276 |
Connect2 Communications Public Relation | 12/30/21 | $223,329 |
Kelly Drye Warren Legal/lobby | 12/30/21 | $135,000 |
Ultraviolet Events Av | 12/30/21 | $135,079 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $869,561 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $39,200 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $908,761 |
Total Program Service Revenue | $0 |
Investment income | $34,933 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $22,010 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,278,475 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $318,154 |
Compensation of current officers, directors, key employees. | $61,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $348,649 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $51,880 |
Fees for services: Management | $13,083 |
Fees for services: Legal | $34,464 |
Fees for services: Accounting | $68,600 |
Fees for services: Lobbying | $225,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $236,830 |
Advertising and promotion | $154,909 |
Office expenses | $16,230 |
Information technology | $20,667 |
Royalties | $0 |
Occupancy | $0 |
Travel | $24,090 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,429,857 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,890 |
All other expenses | $10,494 |
Total functional expenses | $3,101,183 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,760,211 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $181,927 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $162,175 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $398,634 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,502,947 |
Accounts payable and accrued expenses | $320,718 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,919,755 |
Total liabilities | $2,240,473 |
Net assets without donor restrictions | $205,457 |
Net assets with donor restrictions | $57,017 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,502,947 |
Organization Name | Assets | Revenue |
---|---|---|
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
Association Of Washington Business Olympia, WA | $45,170,529 | $11,595,511 |
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Fido Alliance Inc Beaverton, OR | $3,413,033 | $5,016,391 |
Usb Implementers Forum Inc Beaverton, OR | $6,239,445 | $5,610,966 |