Association Of Washington Business

Organization Overview

Association Of Washington Business is located in Olympia, WA. The organization was established in 1945. 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 09/2021, Association Of Washington Business employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Washington Business 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 09/2021, Association Of Washington Business generated $11.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $10.3m during the year ending 09/2021. While expenses have increased by 2.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCE INTERESTS OF BUSINESS, TRADE AND COMMERCE THROUGHOUT WASHINGTON STATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE ACCOMPLISH OUR MISSION STATEMENT BY PROVIDING OUR MEMBERS WITH CRITICAL SERVICES IN ADVOCACY SUCH AS HOLDING THE LINE ON GOVERNMENT REGULATION; OFFERING THE LARGEST ASSOCIATION HEALTH PLAN IN THE STATE; OFFERING 401(K) PLANS; AND PROVIDING OUR COMPWISE RETROSPECTIVE RATING PROGRAM, WHICH ALLOWS SAFE EMPLOYERS TO RECOUP UP TO 40% OF THEIR ANNUAL WORKERS' COMPENSATION PREMIUMS PAID TO THE STATE. ALL OF THESE EFFORTS, COMBINED WITH OUR PARAMOUNT DUTY OF ADVOCATING ON BEHALF OF THE BUSINESS COMMUNITY AS DIRECTED BY THE AWB BOARD, FURTHER THE GOAL OF MAKING WASHINGTON STATE A BETTER PLACE FOR BUSINESSES TO LOCATE AND GROW.


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Board, Officers & Key Employees

Name (title)Compensation
Kris Johnson
President/ceo
$466,986
Gary Chandler
Vice President Government
$262,427
Sean Heiner
Employee
$178,662
Amy Anderson
Employee
$167,004
Jason Hagey
Vice President Communicati
$158,378
Greg Welch
Director Of Finance
$138,897

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Quinn Thomas Public Affairs
Research And Consulting
$304,132
Leading Authorities
Research And Consulting
$237,050
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$8,082,196
Investment income $3,372,473
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 $11,595,511

Grants Awarded

Over the last fiscal year, Association Of Washington Business has awarded $462,992 in support to 2 organizations.

Grant RecipientAmount

INSTITUTE FOR WORKFORCE DEVELOPMENT

Org PageRecipient Profile

Olympia, WA

PURPOSE: TO ASSIST THE INSTITUTE IN ACCOMPLISHING ITS MISSION.

$250,000

INSTITUTE FOR WORKFORCE DEVELOPMENT

Org PageRecipient Profile

Olympia, WA

PURPOSE: TO ASSIST THE INSTITUTE IN ACCOMPLISHING ITS MISSION.

$212,992
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Association Of Washington Business has recieved totaling $15,500.

Awarding OrganizationAmount
National Skills Coalition

Washington, DC

PURPOSE: TO ANALYZE AND DEVELOP STATE-LEVEL SKILLS POLICIES, TO PROVIDE CAPACITY TO CONVENE A BROAD-BASED SET OF STAKEHOLDERS AROUND A SHARED SKILLS POLICY COMMITMENT TO WORK WITH BLU AFFLIIATES IN STATE, AND DESIGNATE A STAFF PERSON TO ULEAD THE COALITION CONVENING ACTIVITIES.

$10,000
Credit Unions In The State Of Washington

Tukwila, WA

PURPOSE: DONATION

$5,500
View Grant Recipient Profile

Endowment Analysis

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