Center For Advanced Manufacturing Puget Sound
- Assets
- $184.1k
- Revenue
- $626.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Kent, WA
- Founding
- Data as of
- 12/2022
- EIN
- 26-1349668
Organization Overview
Center For Advanced Manufacturing Puget Sound, operating under the name Camps, is located in Kent, WA. 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 12/2022, Camps employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camps 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 12/2022, Camps generated $626.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $755.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND BE THE CONNECTING POINT FOR SMMS TO ACCESS INNOVATION, DEVELOP THEIR SUPPLY CHAIN CAPABILITIES, AND FIND SOLUTIONS TO COMMON INDUSTRY PROBLEMS. WORKFORCE ISSUES HAVE BECOME THE LARGEST AND MOST PRESSING ISSUE FOR SMALL AND MEDIUM MANUFACTURERS TO FIND QUALIFIED APPLICANTS TO FILL CRITICAL JOBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE ADVANCEMENT OF MANUFACTURING TECHNOLOGY AND PROCESSES: MANUFACTURERS SEEK TO BE INCREASINGLY PRODUCTIVE THROUGH THE APPLICATION OF NEW MANUFACTURING TECHNOLOGIES AND IMPROVEMENT PROCESSES. CAMPS PROVIDES EDUCATIONAL OPPORTUNITIES FOR MANUFACTURERS TO MEET AND LEARN FROM MANUFACTURING EXPERTS AND FROM EACH OTHER. CAMPS PUBLISHED 16 VIDEOS ON YOUTUBE IN 2022 FEATURING MANUFACTURING TOPICS FROM EVENTS, MANUFACTURING TOURS, AND INTERVIEWS WITH MANUFACTURING LEADERS.
MANUFACTURING WORKFORCE PIPELINE ACTIVITIES: CAMPS ENGAGES IN SEVERAL WORKFORCE PIPELINE INITIATIVES TO PROVIDE A MORE HIGHLY SKILLED WORKFORCE TO MEET THE NEEDS OF MANUFACTURERS. FOR EXAMPLE, CAMPS PRESENTS A MANUFACTURING CAREER PRESENTATION EACH MONTH AT JOINT BASE LEWIS-MCCHORD. THERE ARE BETWEEN 5 TO 10 MILITARY MEMBERS IN ATTENDANCE EACH MONTH.
ADVANCING MANUFACTURING BEST PRACTICES: CAMPS FACILITATES FACTORY TOURS, CONFERENCES, AND TECHNICAL SESSIONS TO SHARE AND PROMOTE MANUFACTURING BEST PRACTICES BETWEEN THE MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Budvarson President | OfficerTrustee | 0.5 | $0 |
William Hill Vice President | OfficerTrustee | 0.5 | $0 |
Nicole Wright Treasurer | OfficerTrustee | 0.5 | $0 |
Gretchen Reimbold Secretary | OfficerTrustee | 0.5 | $0 |
Todd Dunnington Board Member | Trustee | 0.5 | $0 |
Elizabeth Harris Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,567 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,567 |
| Total Program Service Revenue | $155,607 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $469,570 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $626,788 |
| 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. | $208,382 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $153,271 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,221 |
| Payroll taxes | $27,696 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,508 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,347 |
| Advertising and promotion | $128,167 |
| Office expenses | $16,219 |
| Information technology | $7,847 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,922 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,796 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,198 |
| Insurance | $7,873 |
| All other expenses | $197 |
| Total functional expenses | $755,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,314 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $66,450 |
| 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 | $0 |
| Net Land, buildings, and equipment | $62,352 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $184,116 |
| Accounts payable and accrued expenses | $44,570 |
| Grants payable | $0 |
| Deferred revenue | $166,533 |
| 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 | $0 |
| Total liabilities | $211,103 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$26,987 |
| Total liabilities and net assets/fund balances | $184,116 |