Greater Seattle Business Association

Organization Overview

Greater Seattle Business Association is located in Seattle, 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 12/2021, Greater Seattle Business Association employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Seattle Business Association 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 12/2021, Greater Seattle Business Association generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 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

TO COMBINE BUSINESS DEVELOPMENT, LEADERSHIP AND SOCIAL ACTION TO EXPAND ECONOMIC OPPORTUNITIES FOR THE LESBIAN, GAY, BISEXUAL, TRANSGENDER AND QUEER COMMUNITY AND THOSE WHO SUPPORT EQUALITY FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

POLICY/COMMUNICATIONS/PUBLICATIONS/ELECTRONIC COMMUNICATIONS: MEMBERSHIP SERVICE AND DIRECT OUTREACH (INCLUDES PART OF PAYROLL FOR PROGRAMS), ENGAGEMENT AND GENERAL OUTREACH INCLUDING GUIDE, NETWORKING EVENTS.


PROGRAM SERVICES/GRANTS: PART OF PAYROLL, READY FOR BUSINESS, CHBA AND TRANS ECONOMIC EMPOWERMENT COALITION COMMITTED TO ADDRESSING THE ECONOMIC INEQUITIES FACED BY TRANSGENDER AND GENDER DIVERSE PEOPLE), CAPITOL HILL BUSINESS ALLIANCE, INCLUDING THE WA STATE LGBT.


PARTICIPATION IN SCHOLARSHIP PROGRAMS INCLUDING TASTE FUNDRAISER FOR C3 AND SCHOLARSHIP AWARDS DINNER, PROGRAM REIMBURSEMENT FROM C3 TO C6 (INCLUDES PART OF PAYROLL).


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Board, Officers & Key Employees

Name (title)Compensation
Mark Rosen
Acting President And CEO
$160,113
Rachel Chernin
VP Operations And Director Finance
$107,494
Ilona Lohrey
VP Membership And Programs
$95,563
Jay Petterson
Chair
$0
Brandon Chun
Chair Dei
$0
Barb Wilson
Chair Public Policy
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$325,525
Fundraising events$0
Related organizations$0
Government grants $142,494
All other contributions, gifts, grants, and similar amounts not included above$837,519
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,305,538
Total Program Service Revenue$578,383
Investment income $2,984
Tax Exempt Bond Proceeds $0
Royalties $15,648
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 $1,902,553

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Greater Seattle Business Association has recieved totaling $165,295.

Awarding OrganizationAmount
$75,000
Ingersoll Gender Center

Seattle, WA

PURPOSE: Trans Economic Empowerment

$61,845
Credit Unions In The State Of Washington

Tacoma, WA

PURPOSE: UNRESTRICTED

$10,450
Richard And Lois Worthington Foundation

Anacortes, WA

PURPOSE: SCHOLARSHIP FUND

$10,000
National Gay & Lesbian Chamber Of Commerce

Washington, DC

PURPOSE: 2021 GROW WITH GOOGLE

$8,000
View Grant Recipient Profile

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