Washington State China Relations Council
- Assets
- $109.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Seattle, WA
- Founding
- 06/1980
- Data as of
- 12/2022
- EIN
- 91-1092028
Organization Overview
Washington State China Relations Council is located in Seattle, WA. The organization was established in 1980. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Washington State China Relations Council employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington State China Relations Council 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 12/2022, Washington State China Relations Council generated $107.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $152.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE STRONGER COMMERCIAL, EDUCATIONAL, AND CULTURAL RELATIONS BETWEEN THE STATE OF WASHINGTON AND THE PEOPLE'S REPUBLIC CHINA.
Describe the Organization's Program Activity:
Part 3
ANNUAL GALA WHICH BRINGS TOGETHER BUSINESSES AND INDIVIDUALS TO NETWORK AND HONOR SPECIFIC BUSINESSES AND INDIVIDUALS FOR THEIR U.S. - CHINA RELATIONS.
OTHER EVENTS PROMOTING THE RELATIONSHIP BETWEEN THE U.S. AND CHINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krisi Heim Director | 0.3 | $0 | |
Marc Berger Chair | 0.8 | $0 | |
Avik Bhattacharya Director | 0.12 | $0 | |
Stacey Jehlik Director | 0.2 | $0 | |
A Boungjaktha Director | 0.12 | $0 | |
Yao Bailey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $92,250 |
| Investment income | $98 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,348 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $129,165 |
| Professional fees and other payments to independent contractors | $5,833 |
| Occupancy, rent, utilities, and maintenance | $5,236 |
| Printing, publications, postage, and shipping | $17 |
| Other expenses | $12,605 |
| Total expenses | $152,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,409 |
| Other assets | $0 |
| Total assets | $109,014 |
| Total liabilities | $3,359 |
| Net assets or fund balances | $105,655 |