Wea Olympic Council
- Assets
- $1.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Poulsbo, WA
- Founding
- 12/1972
- Data as of
- 08/2021
- EIN
- 91-0886217
Organization Overview
Wea Olympic Council is located in Poulsbo, WA. The organization was established in 1972. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wea Olympic Council is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2021, Wea Olympic Council generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.3m during the year ending 08/2021. While expenses have increased by 2.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE CAUSE OF PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPERESENTS ITS PUBLIC EDUCATION MEMBERS IN LABOR REGULATIONS AND COLLECTIVE BARGAINING; PROMOTES WELFARE OF PUBLIC EDUCATION SYSTEM TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Conlon Uniserv Repr | 37.5 | $158,910 | |
Shannon Premo Uniserv Repr | 37.5 | $145,918 | |
Leeann Mendez Uniserv Repr | 37.5 | $141,960 | |
Eric Pickens President | OfficerTrustee | 20 | $75,407 |
Will Lewis Secretary | OfficerTrustee | 5 | $400 |
Mike Mccorkle Treasurer | OfficerTrustee | 5 | $400 |
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 | $1,392,980 |
| Investment income | $1,329 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $421 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,394,730 |
| 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. | $79,407 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $613,155 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $412,689 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,672 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $43,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,212 |
| Travel | $16,747 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,544 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,892 |
| Insurance | $0 |
| All other expenses | $28,871 |
| Total functional expenses | $1,267,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $686,722 |
| Savings and temporary cash investments | $526,092 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,293 |
| 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 | $425,720 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,989 |
| Total assets | $1,696,816 |
| Accounts payable and accrued expenses | $119,014 |
| 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 | $594,485 |
| Total liabilities | $713,499 |
| Net assets without donor restrictions | $983,317 |
| 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 | $1,696,816 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wea Olympic Council Poulsbo, WA | $1,696,816 | $1,394,730 |
Olympic Peninsula Visitor Bureau Port Angeles, WA | $642,222 | $954,704 |
Marymoor Velodrome Association Redmond, WA | $253,865 | $275,211 |
Olympic View Swim Club Inc Normandy Park, WA | $398,132 | $312,611 |
Olympic Logging Conference Olympia, WA | $174,838 | $0 |
Columbia Gorge Racing Association Portland, OR | $151,220 | $0 |
Seattle Womens Hockey Club Kirkland, WA | $44,645 | $0 |
Xc Oregon Bend, OR | $207,763 | $0 |
Solstice Tkd Club Fairbanks, AK | $28,527 | $0 |
Catalyst Athletics Weightlifting Terrebonne, OR | $1,534 | $0 |