Greater Edmonds Chamber Of Commerce
- Assets
- $358.9k
- Revenue
- $702.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Edmonds, WA
- Founding
- 10/1972
- Data as of
- 12/2023
- EIN
- 91-0873392
Organization Overview
Greater Edmonds Chamber Of Commerce is located in Edmonds, WA. The organization was established in 1972. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Edmonds Chamber Of Commerce 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 12/2023, Greater Edmonds Chamber Of Commerce generated $702.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $644.8k 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
PROMOTING THE ECONOMIC VITALITY OF THE GREATER EDMONDS BUSINESS COMMUNITY THROUGH (CONTINUED) ADVOCACY, LEADERSHIP & EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS:BUSINESS NETWORKING, LUNCHEONS, AFTER-HOURS NETWORKING, EDUCATIONAL SEMINARS, RIBBON CUTTINGS, CANDIDATES FORUM AND COMMUNITY CELEBRATIONS: AND EDMONDS KIND OF 4H, A TASTE OF EDMONDS, EDMONDS CLASSIC CAR SHOW, HALLOWEEN TRICK-OR-TREAT AND TREE LIGHTING CEREMONY.
PROGRAM SERVICES:MEMBERSHIP, EDUCATIONAL RESOURCES, ONLINE AND PRINT ADVERTISING, REFERRALS, BUSINESS RESOURCES, NETWORKING EVENTS, COMMUNITY SUPPORT
ECONOMIC DEVELOPMENT:VISITOR INFORMATION CENTER, CANDIDATES FORUM, ADVOCACY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivia Lathan Brown Secretary | Officer | 2 | $0 |
Anne Penny Chair | Officer | 2 | $0 |
Ava Dubano Treasurer | Officer | 2 | $0 |
Erika Barnett Past Chair | Officer | 2 | $0 |
Glenda Krull Vice Chair | Officer | 2 | $0 |
Ryan Crowther President CEO | Officer | 40 | $109,980 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,722 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,722 |
| Total Program Service Revenue | $687,256 |
| Investment income | $19 |
| 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 | $701,997 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $253,005 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,939 |
| Payroll taxes | $19,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $310,553 |
| Advertising and promotion | $0 |
| Office expenses | $27,345 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $644,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,180 |
| Savings and temporary cash investments | $92,710 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,000 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $358,890 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $26,441 |
| 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 | $3,462 |
| Total liabilities | $29,903 |
| Net assets without donor restrictions | $328,987 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $358,890 |