Areaa Greater Seattle Chapter is located in Bellevue, WA. The organization was established in 2015. 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. Areaa Greater Seattle Chapter 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, Areaa Greater Seattle Chapter generated $162.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $174.7k during the year ending 12/2023. 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
EDUCATIONAL MEETINGS FOR MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erwin Park President | 0 | $0 | |
Jenni Kim Vice President | 0 | $0 | |
Kenneth Lu Secretary | 0 | $0 | |
Frances Nguyen Trustee | 0 | $0 | |
Khek Teh Trustee | 0 | $0 | |
Peter Ryu Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,610 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $76,904 |
| Other Revenue | $0 |
| Total Revenue | $162,514 |
| 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 | $5,000 |
| Occupancy, rent, utilities, and maintenance | $84,354 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,517 |
| Total expenses | $174,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,269 |
| Other assets | $0 |
| Total assets | $27,269 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,269 |