Georgetown Merchants Association
- Assets
- $18.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 37-1623103
Organization Overview
Georgetown Merchants Association is located in Seattle, WA. The organization was established in 2012. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgetown Merchants 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 12/2023, Georgetown Merchants Association generated $130.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $184.6k during the year ending 12/2023. While expenses have increased by 7.0% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
EVENTS HELD WITHIN GEORGETOWN TO SHOWCASE BUSINESSES WITHIN THE COMMUNITY AND TO DEVELOP RELATIONSHIPS WITH FUTURE CUSTOMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Otto President | 1 | $0 | |
Lisa Lee Secretary | 1 | $0 | |
Michelle Harvey Treasurer | 1 | $0 | |
Sam Farrazaino Director | 1 | $0 | |
Kaitlyn Birsch Director | 1 | $0 | |
Kerry Gates Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,034 |
| Total Program Service Revenue | $60,256 |
| Membership dues | $7,561 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,889 |
| 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 | $32,460 |
| Occupancy, rent, utilities, and maintenance | $166 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $151,233 |
| Total expenses | $184,609 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,331 |
| Other assets | $0 |
| Total assets | $18,331 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,331 |