SOUTH LAKE UNION CHAMBER OF COMMERC

EIN: 205634309 Community Improvement

SEATTLE, WA

Total Revenue
$332,674
Total Expenses
$275,529
Total Assets
$233,419
Net Assets
$226,345
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
WA
Principal Officer
ALLISON LEEP
Phone
2065472577
Tax Period
2023-01-01 to 2023-12-31

SOUTH LAKE UNION CHAMBER OF COMMERC, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $333K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $57K, a strong 17% operating margin.

Mission

THE SLU CHAMBER WAS FORMED TO DRIVE, EXPAND, AND PRESERVE THE ECONOMIC, CIVIC, AND CULTURAL DEVELOPMENT OF THE SOUTH LAKE UNION AREA FOR THE PROSPERITY OF ITS PEOPLE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $113,914
Program Service Revenue $189,103
Investment Income $1,800
Other Revenue $27,857
TOTAL REVENUE $332,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $99,462
Fundraising Expenses $0
Other Expenses $176,067
TOTAL EXPENSES $275,529

Year-over-Year Comparison

2023 2022 Change
Revenue $332,674 $656,855 -0.5%
Expenses $275,529 $694,227 -0.6%
Net Income $57,145 $-37,372 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
3
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC BERLINBERG TREASURER N/A
Officer Director
$0 $0 $0
MELODY BIRINGER DIRECTOR N/A
Director
$0 $0 $0
CHAD COTTER VP/SECRETARY N/A
Officer Director
$0 $0 $0
LORI MASON CURRAN DIRECTOR N/A
Director
$0 $0 $0
MARK EVANS DIRECTOR N/A
Director
$0 $0 $0
DEEPALI JAMWAL DIRECTOR N/A
Director
$0 $0 $0
JASON JOHNSON DIRECTOR N/A
Director
$0 $0 $0
KELLY KEITH PAST PRESIDE N/A
Director
$0 $0 $0
JON KIEHNAU EXECUTIVE DI N/A
Officer Director
$0 $0 $0
ALLISON LEEP PRESIDENT N/A
Officer Director
$0 $0 $0
MICHELE SALAS 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 $332,674 $275,529 $233,419 $57,145
2022 $656,855 $694,227 $172,291 $-37,372
2021 $252,133 $159,743 $209,851 $92,390
2020 $221,445 $249,335 $140,070 $-27,890
2019 $283,176 $209,934 $143,856 $73,242
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTH LAKE UNION CHAMBER OF COMMERC with other nonprofits in Washington and across the country.