Greater Seattle Partners
- Assets
- $887.4k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Seattle, WA
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 82-5212762
Organization Overview
Greater Seattle Partners is located in Seattle, WA. The organization was established in 2018. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Greater Seattle Partners employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Seattle Partners is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Greater Seattle Partners generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR VISION IS THAT EVERY PERSON IN THE GREATER SEATTLE REGION HAS AN OPPORTUNITY TO PROSPER. WE WILL DO THAT BY ATTRACTING QUALITY FAMILY/LIVING WAGE JOBS TO ALL PARTS OF THE REGION; SUSTAINING JOBS ACROSS ALL INCOME LEVELS; TELLING THE STORY GLOBALLY OF OUR TALENT, PIONEERING SPIRIT, UNIQUE COMMUNITIES AND HIGH QUALITY OF LIFE; AND COLLABORATING WITH COMMUNITY AND ECONOMIC DEVELOPMENT ORGANIZATIONS AND PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS ATTRACTION WORKS IN PARTNERSHIP WITH THE PRIVATE SECTOR, CITIES, COUNTIES, PORTS AND ECONOMIC DEVELOPMENT ORGANIZATIONS TO ATTRACT BUSINESS AND INVESTMENT AND STRENGTHEN AND UNIFY THE REGION'S ECONOMIC DEVELOPMENT GOALS AND PRACTICES.
GLOBAL ENGAGEMENT FOSTERS RELATIONSHIPS REGIONALLY AND GLOBALLY, ATTRACTING INTERNATIONAL BUSINESS AND INVESTMENT, SUPPORTING EXPORT GROWTH, AND TELLING OUR REGION'S STORY OF WHY GREATER SEATTLE IS A GREAT PLACE TO WORK, INVEST AND LIVE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Surratt Chief Executive Officer | OfficerTrustee | 40 | $250,866 |
Shane Jones Board Chair | OfficerTrustee | 1 | $0 |
Nancy Backus Board Vice Chair | OfficerTrustee | 1 | $0 |
Curtis Fraser Board Treasurer | OfficerTrustee | 1 | $0 |
Victoria Woodards Board Secretary | OfficerTrustee | 1 | $0 |
Bill Mcsherry Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mekanism Inc Creative Concepting, Finalize Creative D | 12/30/22 | $315,405 |
Community Attributes Inc Ceo Consulting Fees; Interim Ceo, New Ce | 12/30/22 | $125,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $384,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,407,012 |
| Noncash contributions included in lines 1a–1f | $4,822 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,791,012 |
| Total Program Service Revenue | $444,221 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $2,235,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| 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. | $475,912 |
| Compensation of current officers, directors, key employees. | $266,034 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,552 |
| Pension plan accruals and contributions | $21,664 |
| Other employee benefits | $69,532 |
| Payroll taxes | $70,886 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,032 |
| Fees for services: Accounting | $36,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $398,572 |
| Advertising and promotion | $196,906 |
| Office expenses | $7,623 |
| Information technology | $34,455 |
| Royalties | $0 |
| Occupancy | $113,490 |
| Travel | $115,287 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $319,776 |
| Interest | $8,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,394 |
| Insurance | $6,173 |
| All other expenses | $0 |
| Total functional expenses | $2,537,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $674,697 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $87,500 |
| Accounts receivable, net | $0 |
| 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 | $77,783 |
| Net Land, buildings, and equipment | $7,767 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,687 |
| Total assets | $887,434 |
| Accounts payable and accrued expenses | $59,250 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,687 |
| Total liabilities | $248,937 |
| Net assets without donor restrictions | $588,497 |
| Net assets with donor restrictions | $50,000 |
| 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 | $887,434 |
Grants Awarded
Over the last fiscal year, Greater Seattle Partners has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEATTLE UNIVERSITY PURPOSE: COMMUNITY SUPPORT | $10,000 |
REFUGEE ARTISAN INITIATIVE PURPOSE: COMMUNITY SUPPORT | $10,000 |