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Nonprofiteer
← TACOMA-PIERCE COUNTY CHAMBER OF COMMERCE

Form 990 for tax year 2022

Filed by TACOMA-PIERCE COUNTY CHAMBER OF COMMERCE.

Totals

Total revenue
$3,243,294
Total expenses
$3,473,823
Contributions and grants received
$1,005,510
Grants paid
$304,718
Program service revenue
$1,928,618
Investment income
$5,165
Other revenue
$304,001
Total assets, end of year
$2,053,928
Total liabilities, end of year
$1,206,162
Net assets or fund balances, end of year
$847,766
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.

  • 1f · All other contributions, gifts and grants

    $1,005,510

  • 2a · Program service revenue: PROGRAM SERVICES

    total $1,103,828 · related or exempt $1,103,828

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $824,790 · related or exempt $824,790

  • 3 · Investment income

    total $5,165 · excluded $5,165

  • 6a · Gross rents

    real property $126,380

  • 6b · Less rental expenses

    real property $98,544

  • 6c · Rental income or loss

    real property $27,836

  • 6d · Net rental income or loss

    total $27,836 · excluded $27,836

  • 11a · Other revenue: SERVICE FEES

    total $208,936 · related or exempt $208,936

  • 11b · Other revenue: MISCELLANEOUS

    total $67,229 · related or exempt $67,229

  • 11e · Other revenue, total

    $276,165

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $304,718

  • 5 · Compensation of officers, directors and key employees

    total $372,001

  • 7 · Other salaries and wages

    total $886,406

  • 8 · Pension plan contributions

    total $41,943

  • 9 · Other employee benefits

    total $25,420

  • 10 · Payroll taxes

    total $101,563

  • 11b · Fees: legal

    total $49,244

  • 11c · Fees: accounting

    total $96,200

  • 11g · Fees: other

    total $719,931

  • 12 · Advertising and promotion

    total $1,034

  • 13 · Office expenses

    total $57,347

  • 16 · Occupancy

    total $302,720

  • 17 · Travel

    total $305,955

  • 19 · Conferences, conventions and meetings

    total $34,044

  • 20 · Interest

    total $4,083

  • 22 · Depreciation, depletion and amortization

    total $9,756

  • 23 · Insurance

    total $43,029

  • 24a · Other expenses: MGMT AND ADMIN EXPENSES

    total $118,429

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $960,329 · end of year $929,036

  • 4 · Accounts receivable

    beginning of year $457,287 · end of year $246,431

  • 9 · Prepaid expenses and deferred charges

    beginning of year $36,662 · end of year $68,481

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

    $288,775

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

    $195,909

  • 10c · Land, buildings and equipment, net

    beginning of year $90,528 · end of year $92,866

  • 15 · Other assets

    beginning of year $0 · end of year $717,114

  • 17 · Accounts payable and accrued expenses

    beginning of year $212,326 · end of year $163,119

  • 23 · Secured mortgages and notes payable

    beginning of year $150,000 · end of year $157,059

  • 25 · Other liabilities

    beginning of year $65,935 · end of year $885,984

  • 27 · Net assets without donor restrictions

    beginning of year $621,401 · end of year $623,261

  • 28 · Net assets with donor restrictions

    beginning of year $495,144 · end of year $224,505

Mission and programs · 2022

Mission

LEADING THE WAY TO EXCEPTIONAL BUSINESS AND COMMUNITY GROWTH SO THAT TACOMA-PIERCE COUNTY IS A VIBRANT COMMUNITY WHERE ECONOMIC GROWTH IS ENCOURAGED AND SUSTAINED.

Activities or mission (Part I)

TO PROMOTE AND ENHANCE THE DEVELOPMENT OF A POSITIVE BUSINESS CLIMATE IN THE TACOMA-PIERCE COUNTY AREA.

  • 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

As filed on the 2022 return.

Listed in Part VII

  • Jackie Flowers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Donavan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eli Taylor

    CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Christopher Waldron

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • Sherri Jensen

    C0-VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jon Rossman

    CHAIR-ELECT AND SOUTHSIDE BRANCH CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Bill Peters

    WEST SIDE BRANCH CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Danny Hankins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ben Furguson

    CO-VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Torre Hammer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tamar Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andy Harris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bridgette Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Joyce Loveday

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Renee McLain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alex Mather

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bethany Doane

    TREASURER

    Total calculated
    $0
    Hours/week
    4
  • Christine Nhan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Belot

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tanya Durand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Pamintuan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr David O'Brien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chyna Willman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kierra Phifer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jerod Pierce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Aj Gordon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bruce Kendall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Monique Valenzuela

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1
  • David Schroedel

    VICE PRESIDENT

    Total calculated
    $169,092
    From this org
    $162,576
    From related orgs
    $0
    Other
    $6,516
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,576
    Bonus
    $0
    Other
    $0
    Deferred
    $6,480
    Nontaxable benefits
    $36
    Filer's total
    $169,092
  • Andrea Reay

    CEO

    Total calculated
    $105,542
    From this org
    $104,717
    From related orgs
    $0
    Other
    $825
    Hours/week
    40
  • Tom Pierson

    CEO (FORMER)

    Total calculated
    $46,195
    From this org
    $44,453
    From related orgs
    $0
    Other
    $1,742
    Hours/week
    40 + 2 related

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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 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

  • 117 TOTAL LOCAL PIERCE COUNTY CHAMBER BUSINESSES AND NON-PROFITS

    $304,718

    TO SUPPORT LOCAL BUSINESS - NO BUSINESS RECEIVED MORE THAN $4,000.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
23 July 2024
IRS schema version
2022v5.0
Source object
202422059349301237

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