Woodinville Chamber Of Commerce Inc
- Assets
- $250.1k
- Revenue
- $549.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Woodinville, WA
- Founding
- 01/1982
- Data as of
- 12/2022
- EIN
- 91-1138699
Organization Overview
Woodinville Chamber Of Commerce Inc is located in Woodinville, WA. The organization was established in 1982. 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, Woodinville Chamber Of Commerce Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodinville Chamber Of Commerce Inc 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, Woodinville Chamber Of Commerce Inc generated $549.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $521.9k during the year ending 12/2022. While expenses have increased by 11.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GREATER WOODINVILLE CHAMBER OF COMMERCE PROMOTES THE BUSINESS COMMUNITY IN THE CITY OF WOODINVILLE, WASHINGTON THROUGH MEMBER PROMOTIONS AND BUSINESS SEMINARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CELEBRATE WOODINVILLE IS PRODUCED BY THE WOODINVILLE CHAMBER, IN PARTNERSHIP WITH THE CITY OF WOODINVILLE, WOODINVILLE WINE COUNTRY, AND THE NORTHSHORE YMCA. THE MISSION OF CELEBRATE WOODINVILLE IS TO BRING WOODINVILLE RESIDENTS TOGETHER FOR FAMILY-ORIENTED EVENTS, ENCOURAGE A SENSE OF COMMUNITY, AND PROMOTE WOODINVILLE'S WINERIES, BREWERIES, CIDERIES, LOCAL BUSINESSES, AGRICULTURE, AND UNIQUE CHARACTER TO VISITORS FROM THROUGHOUT THE PUGET SOUND REGION. THESE ARE FREE, COMMUNITY EVENTS WHERE FAMILIES, FRIENDS, AND NEIGHBORS CAN GATHER TO ENJOY A VARIETY OF HIGH-ENERGY BANDS PLAYING FUN MUSIC FOR ALL AGES. CELEBRATE WOODINVILLE SUMMER CONCERTS & FESTIVAL INCLUDES FOUR WEDNESDAY EVENING CONCERTS IN WILMOT GATEWAY PARK, AS WELL AS A FULL DAY FESTIVAL IN VARIOUS LOCATIONS THROUGHOUT DOWNTOWN WOODINVILLE. (CONTINUED ON SCHEDULE O).
THE CHAMBER HOSTS LUNCHEONS WHICH INCLUDE KEYNOTE SPEAKERS FROM THE BUSINESS COMMUNITY AND GOVERNING BODIES. PARTICIPANTS PAY FOR LUNCHES, AND MEMBERS AS WELL AS NON-MEMBERS ARE INVITED. TWELVE OF THESE LUNCHEONS WERE HELD IN 2022. THE CHAMBER ALSO HOSTS NETWORKING BREAKFASTS, AND PARTICIPANTS PAY FOR THE BREAKFASTS. NINE OF THESE BREAKFASTS WERE HELD IN 2022.
THE WOODINVILLE CHAMBER OPERATES VISIT WOODINVILLE, A DESTINATION MARKETING ARM OF THE CHAMBER OF COMMERCE. THROUGH VISIT WOODINVILLE, THE CHAMBER PROMOTES TOURISM TO WOODINVILLE THROUGH HTTPS://VISITWOODINVILLE.ORG/, SOCIAL MEDIA, E-NEWSLETTER MARKETING, DIRECT TO CONSUMER MARKETING THROUGH PARTNERSHIPS AROUND THE REGION, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Ellertson Executive Dir. | OfficerTrustee | 2.5 | $77,875 |
Robin Akkerman Secretary | OfficerTrustee | 2 | $0 |
Troy Anderson Vice Chair | Trustee | 1 | $0 |
Margaret Atwater Director | Trustee | 1 | $0 |
Rich Chatterton Director | Trustee | 1 | $0 |
Breanna Beike Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $155,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $114,507 |
| 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 | $269,557 |
| Total Program Service Revenue | $205,938 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $73,824 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $549,336 |
| 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. | $77,875 |
| Compensation of current officers, directors, key employees. | $72,424 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,410 |
| Pension plan accruals and contributions | $3,269 |
| Other employee benefits | $0 |
| Payroll taxes | $21,847 |
| 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 | $12,866 |
| Advertising and promotion | $35,438 |
| Office expenses | $20,860 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,763 |
| 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 | $4,351 |
| All other expenses | $1,000 |
| Total functional expenses | $521,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,814 |
| Savings and temporary cash investments | $100,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,670 |
| 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 | $6,523 |
| 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 | $250,069 |
| Accounts payable and accrued expenses | $15,478 |
| Grants payable | $0 |
| Deferred revenue | $8,200 |
| 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 | $23,678 |
| Net assets without donor restrictions | $226,391 |
| 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 | $250,069 |