Tacoma-Pierce County Chamber Of Commerce
- Assets
- $2.1m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 21
- Location
- Tacoma, WA
- Founding
- Data as of
- 09/2023
- EIN
- 91-0434830
Organization Overview
Tacoma-Pierce County Chamber Of Commerce is located in Tacoma, WA. As of 09/2023, Tacoma-Pierce County Chamber Of Commerce employed 21 individuals. Tacoma-Pierce County Chamber Of Commerce 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 09/2023, Tacoma-Pierce County Chamber Of Commerce generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $3.5m during the year ending 09/2023. While expenses have increased by 5.7% 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
TO PROMOTE AND ENHANCE THE DEVELOPMENT OF A POSITIVE BUSINESS CLIMATE IN THE TACOMA-PIERCE COUNTY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT AND COMMUNITY ISSUES - INCREASES CONTACT AND ACCESS TO ELECTED OFFICIALS AS WELL AS KEEPING INFORMED REGARDING LEGISLATION, DEVELOPING TARGETED GOALS FOR THE STATE LEGISLATIVE AGENDA.
MEMBERSHIP - WORKS TO CREATE OPPORTUNITIES FOR BUSINESSES TO NETWORK, COMMUNICATE AND LEARN
BUSINESS AND TRADE DEVELOPMENT - PROGRAMS TO ENCOURAGE DEVELOPMENT TO BENEFIT LOCAL BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Flowers Director | Trustee | 1 | $0 |
Kevin Donavan Director | Trustee | 1 | $0 |
Eli Taylor Chair | OfficerTrustee | 4 | $0 |
Christopher Waldron Secretary | OfficerTrustee | 4 | $0 |
Sherri Jensen C0-Vice Chair | OfficerTrustee | 1 | $0 |
Jon Rossman Chair-Elect And Southside Branch Chair | OfficerTrustee | 4 | $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 | $1,005,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,005,510 |
| Total Program Service Revenue | $1,928,618 |
| Investment income | $5,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,836 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,243,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $304,718 |
| 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. | $372,001 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $886,406 |
| Pension plan accruals and contributions | $41,943 |
| Other employee benefits | $25,420 |
| Payroll taxes | $101,563 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,244 |
| Fees for services: Accounting | $96,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $719,931 |
| Advertising and promotion | $1,034 |
| Office expenses | $57,347 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $302,720 |
| Travel | $305,955 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,044 |
| Interest | $4,083 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,756 |
| Insurance | $43,029 |
| All other expenses | $118,429 |
| Total functional expenses | $3,473,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $929,036 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $246,431 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $68,481 |
| Net Land, buildings, and equipment | $92,866 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $717,114 |
| Total assets | $2,053,928 |
| Accounts payable and accrued expenses | $163,119 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $157,059 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $885,984 |
| Total liabilities | $1,206,162 |
| Net assets without donor restrictions | $623,261 |
| Net assets with donor restrictions | $224,505 |
| 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 | $2,053,928 |