Madrona Neighborhood Association
- Assets
- $78.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 94-3202136
Organization Overview
Madrona Neighborhood Association is located in Seattle, WA. The organization was established in 1997. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Madrona Neighborhood Association 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 12/2021, Madrona Neighborhood Association generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $34.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Jones President | 5 | $0 | |
Arlene Chong Recording Secr. | 1 | $0 | |
Galen Kawaguchi Treasurer | 3 | $0 | |
Kevin Lundeen Director | 2 | $0 | |
Kirsten Verlander Director | 2 | $0 | |
Christina Shires Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,943 |
| Total Program Service Revenue | $1,940 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $88 |
| Other expenses | $34,313 |
| Total expenses | $34,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,801 |
| Other assets | $0 |
| Total assets | $78,801 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,801 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spokane Area Workforce Development Council Spokane, WA | $1,735,015 | $9,993,306 |
South Central Workforce Development Council Union Gap, WA | $4,276,195 | $7,715,275 |
Bend Visitor & Convention Bureau Bend, OR | $2,809,916 | $4,392,853 |
Visit Spokane Spokane, WA | $4,256,594 | $5,130,887 |
Spruce Root Inc Juneau, AK | $2,965,503 | $3,464,933 |
Angels For Angels Seattle, WA | $2,495,465 | $5,448,539 |
Columbia Pacific Economic Development District Of Oregon St Helens, OR | $1,194,782 | $2,960,651 |
Koyuk Native Store Koyuk, AK | $1,287,215 | $2,898,870 |
Eastern Oregon Workforce Investment Board La Grande, OR | $2,038,601 | $2,624,677 |
Greater Seattle Partners Seattle, WA | $2,408,899 | $964,300 |
Southern Oregon Regional Economic Development Inc Medford, OR | $6,059,782 | $2,561,963 |
The Alliance For Pioneer Square Seattle, WA | $803,516 | $2,179,538 |