TRI-CITY REGIONAL CHAMBER OF COMMER

EIN: 204120487 Community Improvement

KENNEWICK, WA

Total Revenue
$1,774,069
Total Expenses
$1,373,136
Total Assets
$1,084,147
Net Assets
$1,024,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
WA
Principal Officer
LORI MATTSON
Phone
5097360510
Tax Period
2023-01-01 to 2023-12-31

TRI-CITY REGIONAL CHAMBER OF COMMER, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $401K, a strong 23% operating margin.

Mission

WE PROMOTE REGIONAL PROSPERITY AND STRENGTHEN OUR MEMBER BUSINESSES THROUGH ADVOCACY, LEADERSHIP, NETWORKING, AND INNOVATIVE BUSINESS PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $347,295
Program Service Revenue $1,391,590
Investment Income $3,660
Other Revenue $31,524
TOTAL REVENUE $1,774,069

Expense Breakdown

Grants Paid $0
Salaries & Benefits $632,725
Fundraising Expenses $0
Other Expenses $740,411
TOTAL EXPENSES $1,373,136

Year-over-Year Comparison

2023 2022 Change
Revenue $1,774,069 $1,211,055 +0.5%
Expenses $1,373,136 $1,174,944 +0.2%
Net Income $400,933 $36,111 +10.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
10
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$0
Total Directors
35
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM ARNESON DIRECTOR N/A
Officer Director
$0 $0 $0
TOREY AZURE DIRECTOR N/A
Director
$0 $0 $0
AMY BASCHE DIRECTOR N/A
Officer Director
$0 $0 $0
GEORGE BOOTH DIRECTOR N/A
Director
$0 $0 $0
ROSCHEL BLADOW DIRECTOR N/A
Director
$0 $0 $0
PAUL CARLISLE DIRECTOR N/A
Director
$0 $0 $0
ANDREW CHUNG DIRECTOR N/A
Director
$0 $0 $0
GREG CULLEN DIRECTOR N/A
Director
$0 $0 $0
MIKE EUTSEY DIRECTOR N/A
Director
$0 $0 $0
ALMA FEIL DIRECTOR N/A
Officer Director
$0 $0 $0
SHAE FRICHETTE PAST CHAIR N/A
Officer Director
$0 $0 $0
CHAUNE FITZGERALD DIRECTOR N/A
Director
$0 $0 $0
DEE GRAY DIRECTOR N/A
Director
$0 $0 $0
DAVE HALLER DIRECTOR N/A
Officer Director
$0 $0 $0
JODI HENDERSON DIRECTOR N/A
Officer Director
$0 $0 $0
MEGAN HUGHES DIRECTOR N/A
Director
$0 $0 $0
TRISH HERRON DIRECTOR N/A
Director
$0 $0 $0
KEDRICH JACKSON DIRECTOR N/A
Officer Director
$0 $0 $0
CHARLES LAIRD DIRECTOR N/A
Director
$0 $0 $0
MICHAEL LEMON DIRECTOR N/A
Director
$0 $0 $0
ANTONIO LOPEZ DIRECTOR N/A
Director
$0 $0 $0
JESSICA SCHNEIDER MD DIRECTOR N/A
Director
$0 $0 $0
VICKI MONTEAGUDO DIRECTOR N/A
Director
$0 $0 $0
BRIAN MORENO DIRECTOR N/A
Officer Director
$0 $0 $0
GEORGE RANGEL DIRECTOR N/A
Director
$0 $0 $0
MEGHAN ROSE CHAIR ELECT N/A
Officer Director
$0 $0 $0
KATHERINE SIERRA-KELLY DIRECTOR N/A
Director
$0 $0 $0
JOHN SOLHEIM DIRECTOR N/A
Director
$0 $0 $0
ANDY STIRLING CHAIR N/A
Officer Director
$0 $0 $0
KARTHIK SUBRAMANIAN DIRECTOR N/A
Director
$0 $0 $0
MATT SWEEZA TREASURER N/A
Officer Director
$0 $0 $0
DAVID TOBIAS DIRECTOR N/A
Director
$0 $0 $0
CYNTHIA VAUGHN DIRECTOR N/A
Director
$0 $0 $0
RYAN WELD DIRECTOR N/A
Director
$0 $0 $0
STEPHANIE WILLIAMS DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,774,069 $1,373,136 $1,084,147 $400,933
2022 $1,211,055 $1,174,944 $654,242 $36,111
2021 $1,036,409 $971,592 $671,539 $64,817
2020 $1,731,977 $1,557,733 $559,524 $174,244
2020 $1,731,977 $1,557,733 $559,524 $174,244
2019 $1,208,409 $1,195,447 $425,953 $12,962
2018 $1,271,996 $1,296,788 $419,425 $-24,792
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