Seabeck Conference Center
- Assets
- $7.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 67
- Location
- Seabeck, WA
- Founding
- 01/1972
- Data as of
- 12/2023
- EIN
- 91-6011617
Organization Overview
Seabeck Conference Center is located in Seabeck, WA. The organization was established in 1972. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Seabeck Conference Center employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seabeck Conference Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Seabeck Conference Center generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 5.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONFERENCE FACILITY OPERATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED MORE THAN 7930 GUESTS SEEKING A TRANQUIL SETTING FOR THEIR CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berk Tami Trustee | Trustee | 0.5 | $0 |
Bishop John President (second Half) | OfficerTrustee | 0.5 | $0 |
Kraining Charles Executive Director | Officer | 40 | $110,748 |
Tesch Gloria Administrator | Officer | 40 | $91,736 |
Cancro Kate Trustee | Trustee | 0.5 | $0 |
Dilon Kristin Trustee | Trustee | 0.5 | $0 |
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 | $216,973 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,973 |
| Total Program Service Revenue | $2,380,511 |
| Investment income | $5,386 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,400 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,620,270 |
| 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. | $232,404 |
| Compensation of current officers, directors, key employees. | $41,833 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $766,147 |
| Pension plan accruals and contributions | $28,078 |
| Other employee benefits | $116,531 |
| Payroll taxes | $75,270 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,340 |
| Fees for services: Accounting | $15,600 |
| 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 | $88,798 |
| Information technology | $23,591 |
| Royalties | $0 |
| Occupancy | $156,868 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $187,800 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $279,851 |
| Insurance | $128,498 |
| All other expenses | $176 |
| Total functional expenses | $2,702,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,711 |
| Savings and temporary cash investments | $551,305 |
| Pledges and grants receivable | $196,964 |
| Accounts receivable, net | $9,339 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,416 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,715,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,580,535 |
| Accounts payable and accrued expenses | $117,381 |
| Grants payable | $0 |
| Deferred revenue | $307,496 |
| 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 | $2,459,225 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,884,102 |
| Net assets without donor restrictions | $4,696,433 |
| 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 | $7,580,535 |