National Center For Apec
- Assets
- $3.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Seattle, WA
- Founding
- 04/1996
- Data as of
- 12/2021
- EIN
- 91-1648964
Organization Overview
National Center For Apec is located in Seattle, WA. The organization was established in 1996. 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 12/2021, National Center For Apec employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Center For Apec 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 12/2021, National Center For Apec generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
APEC CEO SUMMIT: EACH YEAR, THE SUMMIT DRAWS HUNDREDS OF OUR NATION'S TOP BUSINESS LEADERS, INTELLECTUALS AND MEDIA PERSONALITIES. TOGETHER THEY SERVE AS THE VOICE OF U.S. BUSINESS IN INTERACTIVE DISCUSSIONS WITH APEC LEADERS ON EXPANDING TRADE AND INVESTMENT OPPORTUNITIES.
EXECUTIVE ROUNDTABLE: MEETING WITH SPEAKERS FOCUSED ON APEC TOPICS.
ANNUAL EVENT: MEETING WITH SPEAKERS FOCUSED ON APEC TOPICS.TRADE, TECHNOLOGY AND GLOBALIZATION FORUM: MEETING WITH SPEAKERS ON APEC ISSUES.
U.S. APEC BUSINESS COALITION, BOARD MISSION, POLICY EVENTS: MEETINGS AND CONFERENCES ON APEC TOPICS; EXCHANGE PROGRAMS BETWEEN APEC COUNTRIES; RESEARCH ON APEC RELATED ISSUES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Hardy Whaley President | Officer | 40 | $216,351 |
Alex Parle Executive Vice President | 40 | $174,123 | |
Kawal Preet Chair | OfficerTrustee | 1 | $0 |
Sean Mulvaney Policy Committee Chair | OfficerTrustee | 1 | $0 |
Sarah Thorn Program Committee Chair | OfficerTrustee | 1 | $0 |
Philip Vaughn Finance Committee Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $143,584 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,584 |
| Total Program Service Revenue | $1,427,499 |
| Investment income | $26,571 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $443 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,598,097 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $276,489 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $699,166 |
| Pension plan accruals and contributions | $55,661 |
| Other employee benefits | $57,260 |
| Payroll taxes | $58,944 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,192 |
| Fees for services: Other | $14,695 |
| Advertising and promotion | $0 |
| Office expenses | $72,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,979 |
| Travel | $26,477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $442 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,451 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,465,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,250 |
| Savings and temporary cash investments | $1,904,170 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,035 |
| 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 | $63,723 |
| Net Land, buildings, and equipment | $145,032 |
| Investments—publicly traded securities | $1,511,350 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,822,560 |
| Accounts payable and accrued expenses | $152,663 |
| Grants payable | $0 |
| Deferred revenue | $1,000,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $248,135 |
| Total liabilities | $1,400,798 |
| Net assets without donor restrictions | $2,421,762 |
| Net assets with donor restrictions | $0 |
| 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 | $3,822,560 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Center For Apec has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: GENERAL CONTRIBUTION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anchorage Convention & Visitors Bureau Anchorage, AK | $11,264,868 | $23,092,193 |
Seattle-King County Convention And Visitors Bureau Seattle, WA | $9,612,015 | $12,509,131 |
Western United States Agricultural Trade Association Vancouver, WA | $8,949,340 | $8,386,044 |
Fairbanks Convention And Visitors Bureau Fairbanks, AK | $2,458,123 | $5,662,617 |
Washington Association Of Realtors Olympia, WA | $17,163,792 | $6,357,823 |
Greater Boise Chamber Of Commerce Boise, ID | $3,444,262 | $5,301,196 |
Travel Salem Salem, OR | $3,237,636 | $5,433,877 |
Pacific Lumber Inspection Bureau Federal Way, WA | $3,862,387 | $4,417,361 |
Tri-Cities Visitor & Convention Bureau Kennewick, WA | $3,619,128 | $3,350,162 |
Alaska Oil And Gas Association Anchorage, AK | $1,444,563 | $2,236,646 |
Portland Metropolitan Association Of Realtors Portland, OR | $15,711,634 | $4,122,851 |
Idaho Association Of Realtors Inc Boise, ID | $6,354,859 | $2,460,883 |