East Spokane Business Association is located in Spokane, WA. The organization was established in 2008. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. East Spokane 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 01/2024, East Spokane Business Association generated $76.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $27.0k during the year ending 01/2024. While expenses have increased by 36.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE EAST CENTRAL NEIGHBORHOOD OF SPOKANE BY PRESERVING AND IMPROVING ITS UNIQUE FACILITIES, INFRASTRUCTURE AND COMMERCIAL INTEREST.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Woodbridge President | 4 | $0 | |
Wendy Fishburne Vice President | 4 | $0 | |
Jake Swartz Secretary | 4 | $0 | |
George Demakis Treasurer | 6 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,292 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $63,564 |
| Other Revenue | $0 |
| Total Revenue | $76,856 |
| 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 | $14,320 |
| Occupancy, rent, utilities, and maintenance | $270 |
| Printing, publications, postage, and shipping | $524 |
| Other expenses | $11,895 |
| Total expenses | $27,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,673 |
| Other assets | $0 |
| Total assets | $115,230 |
| Total liabilities | $6,304 |
| Net assets or fund balances | $108,926 |