Apta Washington
- Assets
- $324.0k
- Revenue
- $491.9k
- Investments
- $72.1k
- Employees
- 4
- Location
- Olympia, WA
- Founding
- 06/1950
- Data as of
- 12/2022
- EIN
- 91-6035954
Organization Overview
Apta Washington is located in Olympia, WA. The organization was established in 1950. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2022, Apta Washington employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apta Washington 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, Apta Washington generated $491.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $434.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PHYSICAL THERAPY PROFESSION IN THE STATE OF WASHINGTON THROUGH COMPASSION, ACCOUNTABILITY, REPRESENTATION AND EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING EDUCATION - WE HELD A VIRTUAL CONFERENCE IN THE SPRING WHICH IS NOW INTENDED TO BE AN ANNUAL EVENT.
COMMUNICATIONS - THE ASSOCIATION COMMUNICATED VIA AN E-NEWSLETTER, EMAIL, WEBSITE AND SOCIAL MEDIA ABOUT NEWS INCLUDING CHANGES IN LAW, OPPORTUNITIES FOR PROFESSIONAL ENHANCEMENT, AND MEMBER ACCOMPLISHMENTS.
WE HELD A HYBRID MEMBERSHIP MEETING FOR THE FIRST TIME IN OCTOBER. WHILE OUR ATTENDANCE NUMBERS DIDN'T INCREASE SIGNIFICANTLY, TWO BOARD MEMBERS AND ONE AWARD RECIPIENT WERE ABLE TO ATTEND THAT WAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Costigliola Board Member | Trustee | 0.5 | $0 |
Amanda Scharen Board Member | Trustee | 0.5 | $0 |
Jennifer Penrose Board Member | Trustee | 0.5 | $0 |
Lesley Weinberg Board Member | Trustee | 0.5 | $0 |
Mark Bouma Board Member | Trustee | 0.5 | $0 |
Minette Cole Board Member | Trustee | 0.5 | $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 | $478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478 |
| Total Program Service Revenue | $484,328 |
| Investment income | $6,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $327 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $491,858 |
| 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. | $82,536 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,245 |
| Pension plan accruals and contributions | $5,231 |
| Other employee benefits | $9,540 |
| Payroll taxes | $15,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,195 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $65,605 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $575 |
| Advertising and promotion | $0 |
| Office expenses | $12,313 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,660 |
| Travel | $28,295 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $168,219 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,121 |
| Insurance | $2,363 |
| All other expenses | $0 |
| Total functional expenses | $434,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,024 |
| Savings and temporary cash investments | $25,543 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $720 |
| Net Land, buildings, and equipment | $73,955 |
| Investments—publicly traded securities | $56,723 |
| Investments—other securities | $72,055 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $324,020 |
| Accounts payable and accrued expenses | $689 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,475 |
| Total liabilities | $4,164 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $319,856 |
| 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 | $324,020 |