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Nonprofiteer
← GREATER SEATTLE CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by GREATER SEATTLE CHAMBER OF COMMERCE.

Totals

Total revenue
$12,266,760
Total expenses
$12,668,295
Contributions and grants received
$5,640,652
Grants paid
$72,376
Program service revenue
$5,090,176
Investment income
$918,057
Other revenue
$617,875
Total assets, end of year
$28,868,128
Total liabilities, end of year
$14,353,855
Net assets or fund balances, end of year
$14,514,273
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $342,000

  • 1f · All other contributions, gifts and grants

    $5,298,652

  • 1g · Noncash contributions included above

    $6,600

  • 2a · Program service revenue: MEMBER DUES

    total $3,678,135 · related or exempt $3,678,135

  • 2b · Program service revenue: PROGRAM EVENTS

    total $1,412,041 · related or exempt $1,412,041

  • 3 · Investment income

    total $747,049 · excluded $747,049

  • 5 · Royalties

    total $3,833 · excluded $3,833

  • 6a · Gross rents

    real property $9,688

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $9,688

  • 6d · Net rental income or loss

    total $9,688 · excluded $9,688

  • 7a · Gross sales of assets other than inventory

    securities $799,930

  • 7b · Less cost or other basis and sales expenses

    securities $628,922

  • 7c · Gain or loss

    securities $171,008

  • 7d · Net gain or loss

    total $171,008 · excluded $171,008

  • 11a · Other revenue: REIMBURSEMENTS

    total $586,071 · excluded $586,071

  • 11b · Other revenue: CERT. OF ORIGIN REV.

    total $12,958 · related or exempt $12,958

  • 11c · Other revenue: SPONSORSHIP

    total $5,325 · excluded $5,325

  • 11e · Other revenue, total

    $604,354

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $72,376

  • 5 · Compensation of officers, directors and key employees

    total $660,679

  • 7 · Other salaries and wages

    total $3,413,643

  • 8 · Pension plan contributions

    total $112,811

  • 9 · Other employee benefits

    total $373,988

  • 10 · Payroll taxes

    total $315,949

  • 11b · Fees: legal

    total $148,366

  • 11c · Fees: accounting

    total $39,341

  • 11g · Fees: other

    total $4,165,445

  • 12 · Advertising and promotion

    total $146,130

  • 13 · Office expenses

    total $210,883

  • 14 · Information technology

    total $26,079

  • 16 · Occupancy

    total $905,376

  • 17 · Travel

    total $132,411

  • 19 · Conferences, conventions and meetings

    total $217,246

  • 20 · Interest

    total $3,472

  • 22 · Depreciation, depletion and amortization

    total $42,527

  • 23 · Insurance

    total $80,291

  • 24a · Other expenses: EVENTS & PROGRAMS

    total $1,133,060

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $327,214

  • 24c · Other expenses: HR & PERSONNEL

    total $55,608

  • 24d · Other expenses: TAXES & LICENSES

    total $41,880

  • 24e · All other expenses

    total $43,520

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,294,557 · end of year $1,327,448

  • 2 · Savings and temporary cash investments

    beginning of year $7,979,533 · end of year $8,095,898

  • 4 · Accounts receivable

    beginning of year $1,042,142 · end of year $1,456,621

  • 9 · Prepaid expenses and deferred charges

    beginning of year $297,372 · end of year $533,403

  • 10a · Land, buildings and equipment: cost or other basis

    $1,645,638

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,534,145

  • 10c · Land, buildings and equipment, net

    beginning of year $124,952 · end of year $111,493

  • 11 · Investments: publicly traded securities

    beginning of year $13,762,935 · end of year $14,171,632

  • 15 · Other assets

    beginning of year $3,784,418 · end of year $3,171,633

  • 17 · Accounts payable and accrued expenses

    beginning of year $628,194 · end of year $551,160

  • 19 · Deferred revenue

    beginning of year $9,611,708 · end of year $10,581,851

  • 25 · Other liabilities

    beginning of year $3,827,622 · end of year $3,220,844

  • 27 · Net assets without donor restrictions

    beginning of year $14,218,385 · end of year $14,514,273

Mission and programs · 2024

Mission

THE CHAMBER IS AN ORGANIZATION WHICH ADVOCATES FOR EMPLOYERS AND THAT HELPS OUR MEMBERS THRIVE IN AN EQUITABLE AND INCLUSIVE REGIONAL ECONOMY.

Activities or mission (Part I)

THE CHAMBER ENGAGES THE INNOVATION AND ENTREPRENEURSHIP OF ITS MEMBERS TO ADVANCE ECONOMIC PROSPERITY, ADVOCATE FOR EMPLOYERS, AND BUILD SUSTAINABLE AND HEALTHY COMMUNITIES IN THE SEATTLE REGION.

  • CHAMBER OF COMMERCE: WE SEEK AN ECONOMICALLY VIBRANT AND GLOBALLY COMPETITIVE SEATTLE REGION WHERE EMPLOYERS CAN FLOURISH AND EVERYONE HAS THE OPPORTUNITY TO SUCCEED AND TO ACCESS A THRIVING QUALITY OF LIFE.

  • CHALLENGE SEATTLE FUND: CHALLENGE SEATTLE WORKS TO INSTILL GLOBAL COMPETITIVENESS FOR THE GREATER SEATTLE REGION.

  • TECHNOLOGY ALLIANCE FUND (TA): TA WORKS TO BROADEN THE CONSTITUENCY FOR TECHNOLOGY-BASED ECONOMIC DEVELOPMENT AND IMPLEMENTS PROGRAMS THAT ADVANCE THE STATE'S INNOVATION ECONOMY.

  • WASHINGTON COUNCIL ON INTERNATIONAL TRADE ("WCIT") WORKS TO PROMOTE STRONG, OPEN, AND SUSTAINABLE INTERNATIONAL TRADE POLICIES THAT ADVANCE ECONOMIC OPPORTUNITIES FOR WASHINGTON STATE. WCIT ADVOCATES FOR PRO-TRADE POLICIES AT THE FEDERAL LEVEL BY FOCUSING ON TRADERELATED ISSUES. WCIT IS ALSO AN INFORMATION RESOURCE ON INTERNATIONAL TRADE ISSUES FOR ELECTED REPRESENTATIVES, BUSINESS LEADERS, THE MEDIA, EDUCATORS, AND COMMUNITY GROUPS IN WASHINGTON STATE. WCIT BECAME A SPECIAL PROGRAM OF THE CHAMBER ON JUNE 1, 2011, WHEN THE NET ASSETS OFTHIS PREVIOUSLY INACTIVE INDEPENDENT ENTITY WERE TRANSFERRED TO THE CHAMBER.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • RACHEL SMITH

    PRESIDENT & CEO

    Total calculated
    $437,831
    From this org
    $418,731
    From related orgs
    $0
    Other
    $19,100
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $343,731
    Bonus
    $75,000
    Other
    $0
    Deferred
    $9,378
    Nontaxable benefits
    $9,722
    Filer's total
    $437,831
  • ADA HEALEY

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • TERESA HUTSON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • JASMINE DONOVAN

    2ND VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • PALLAVI MEHTA WAHI

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • PAIGE DAVIS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • MATT HILL

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • GRETCHEN ADAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KRIS AGERS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JARED AXELROD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • PATRICK BANNON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JEN BERG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARC BERGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARIANNE BICHSEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DIANA BIRKETT RAKOW

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • AARON BLANK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • NIC BLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JIM BLUNDELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ANNA BOONE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOEY BURGESS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KATHERINE CHENG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JESSICA CLAWSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • LAURA CLISE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ROBYN CORR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WILL DAUGHERTY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RICHARD DE SAM LAZARO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRIAN DEFOE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BOB DONEGAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ANGELA DUNLEAVY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • COLLEEN ECHOHAWK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JAISON ELKINS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRYAN FLINTOFF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • FRANK FOTI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOE FUGERE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JAEBADIAH GARDNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • OLLIE GARRETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • THOMAS GARRETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CLAYTON GRAHAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL GREER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JACQUELINE GRUBER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • PAULA HAMMOND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • HILARY HEHMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ZACH HENSLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RANDY HODGINS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • STEVE HOOPER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JILA JAVDANI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JULIEN LOH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ERIC LONERGAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SUSAN LOOSMORE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WILL LUDLAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • LAURA MACNEIL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ROBERT MAHON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KARLA MALACON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GORDON MCHENRY JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BILL MCSHERRY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MAYA MENDOZA EXTROM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MICHELLE MERRIWEATHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • STEVE METRUCK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DONNA MOODIE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JIM MOREHEAD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN MURRAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVID NAMURA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JAJA OKIGWE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • EDUARDO PENALVER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • LAURA RAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • HEATHER REDMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RYAN ROBERTS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KAMALA SAXTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN SCHOETTLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KERRI SCHROEDER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KIRK SCHULZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DELEE SHOEMAKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • NATE SILVERMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KRISH SRINIVASAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVE STEWART

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SHARMILA SWENSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • HEWAN TESHOME

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KRISHNA THIAGARAJAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WALT TOWNES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CLAIRE VERITY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JIM WALES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • COURTNEY WALLACE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ALESHA WASHINGTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN WENSTRUP

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • TONY WILLIAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • LYNNETTE BUFFINGTON

    CHIEF OF STAFF

    Total calculated
    $194,474
    From this org
    $175,734
    From related orgs
    $0
    Other
    $18,740
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $173,234
    Bonus
    $2,500
    Other
    $0
    Deferred
    $9,451
    Nontaxable benefits
    $9,289
    Filer's total
    $194,474
  • LISA CHICK

    AFE PRESIDENT

    Total calculated
    $283,344
    From this org
    $239,240
    From related orgs
    $0
    Other
    $44,104
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,740
    Bonus
    $12,500
    Other
    $0
    Deferred
    $13,545
    Nontaxable benefits
    $30,559
    Filer's total
    $283,344
  • STEPHANIE FORMAS

    CHALLENGE SEATTLE VP

    Total calculated
    $276,809
    From this org
    $254,749
    From related orgs
    $0
    Other
    $22,060
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,435
    Bonus
    $54,314
    Other
    $0
    Deferred
    $12,010
    Nontaxable benefits
    $10,050
    Filer's total
    $276,809
  • BINDIYA V PATEL

    EXECUTIVE DIRECTOR

    Total calculated
    $205,737
    From this org
    $186,497
    From related orgs
    $0
    Other
    $19,240
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,497
    Bonus
    $5,000
    Other
    $0
    Deferred
    $10,108
    Nontaxable benefits
    $9,132
    Filer's total
    $205,737
  • LARS ERICKSON

    SVP PUBLIC AFFAIRS & COMMS

    Total calculated
    $203,236
    From this org
    $181,610
    From related orgs
    $0
    Other
    $21,626
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,860
    Bonus
    $1,750
    Other
    $0
    Deferred
    $10,750
    Nontaxable benefits
    $10,876
    Filer's total
    $203,236
  • GABRIELLA BUONO

    CHIEF IMPACT OFFICER

    Total calculated
    $194,441
    From this org
    $175,033
    From related orgs
    $0
    Other
    $19,408
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $173,283
    Bonus
    $1,750
    Other
    $0
    Deferred
    $9,754
    Nontaxable benefits
    $9,654
    Filer's total
    $194,441

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CENTER FOR COMMUNITY SERVICE FUND

    501(C)(3) · PROVIDE SUPPORT FOR COMMUNITY SERVICE PROGRAMS · WA · controlled entity

    Directly controlled by GREATER SEATTLE CHAMBER OF COMMERCE

  • BUSINESS HEALTH TRUST

    501(C)(9) · EMPLOYEE BENEFITS · WA · controlled entity

    Directly controlled by GREATER SEATTLE CHAMBER OF COMMERCE

Provenance

Return type
form_990
Tax year
2024
Filed
14 July 2026
IRS schema version
2024v5.5
Source object
202601969349302490

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