The Economic Club of Washington DC

EIN: 521469926 501(c)(3)

Washington, DC

Total Revenue
$8,625,798
Total Expenses
$6,970,106
Total Assets
$19,214,122
Net Assets
$13,579,093
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
DC
Phone
2024813260
Tax Period
2024-07-01 to 2025-06-30

The Economic Club of Washington DC, founded in 1986, is a community nonprofit that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 19% operating margin.

Mission

ESTABLISHED IN 1986 AS A NONPROFIT, NONPARTISAN ORGANIZATION CREATED TO STRENGTHEN TIES AMONG THE DIVERSE AND GROWING BUSINESS COMMUNITY BASED IN METROPOLITAN WASHINGTON, D.C., AND WITH THE DIPLOMATIC COMMUNITY, THE ECONOMIC CLUB OF WASHINGTON, D.C. PROMOTES GLOBAL AWARENESS OF THE PIVOTAL ROLE WASHINGTON PLAYS IN THE NATIONAL AND WORLD ECONOMIES. ITS GOALS ARE TWOFOLD: TO PROVIDE A PROMINENT FORUM WHERE EMINENT GLOBAL LEADERS CAN SHARE THEIR INSIGHTS ABOUT MAJOR ISSUES OF THE DAY; AND TO PROMOTE A ROBUST PEER COMMUNITY FOR THE AREA'S TOP EXECUTIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,903,815
Program Service Revenue $4,151,268
Investment Income $568,206
Other Revenue $2,509
TOTAL REVENUE $8,625,798

Expense Breakdown

Grants Paid $1,148,639
Salaries & Benefits $2,808,474
Fundraising Expenses $0
Program Expenses $5,984,975
Other Expenses $3,012,993
TOTAL EXPENSES $6,970,106

Year-over-Year Comparison

2024 2023 Change
Revenue $8,625,798 $7,864,489 +0.1%
Expenses $6,970,106 $7,350,773 -0.1%
Net Income $1,655,692 $513,716 +2.2%
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
50
Independent Members
49
Employees
53
Volunteers
48

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
17
$872,249
Total Directors
50
$678,441
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Pierce General Counsel 1.0
Officer Director
$0 $0 $0
Barbara Humpton Chair - Global Initiative 1.0
Officer Director
$0 $0 $0
Candida Wolff Co-Chair - Nominating 1.0
Officer Director
$0 $0 $0
Carol Melton Vice Chair 1.0
Officer Director
$0 $0 $0
David Rubenstein Chairman 2.0
Officer Director
$0 $0 $0
Gina Adams Vice Chair 1.0
Officer Director
$0 $0 $0
Jane Adams Chair - Corporate Engagement 1.0
Officer Director
$0 $0 $0
Jeremy Blank Chair - Audit & Compliance 1.0
Officer Director
$0 $0 $0
Lawrence Di Rita Chair - Education 1.0
Officer Director
$0 $0 $0
Mary Brady President & CEO 40.0
Officer Director
$599,725 $78,716 $678,441
Meredith Baker Co-Chair - Membership 1.0
Officer Director
$0 $0 $0
Omar Vargas Co-Chair - Membership 1.0
Officer Director
$0 $0 $0
Philip de Picciotto Treasurer 1.0
Officer Director
$0 $0 $0
Robert Allbritton Chair - Programs 1.0
Officer Director
$0 $0 $0
Teresa Carlson Secretary 1.0
Officer Director
$0 $0 $0
Timothy McBride Co-Chair - Nominating 1.0
Officer Director
$0 $0 $0
Alex Wirth Board Member 1.0
Director
$0 $0 $0
Amy Gilliland Board Member 1.0
Director
$0 $0 $0
Anthony Capuano Board Member 1.0
Director
$0 $0 $0
Bradley Knox Board Member 1.0
Director
$0 $0 $0
Chad Sweet Board Member 1.0
Director
$0 $0 $0
Dan Kotter Board Member 1.0
Director
$0 $0 $0
Dave Levy Board Member 1.0
Director
$0 $0 $0
DeDe Lea Board Member 1.0
Director
$0 $0 $0
Gregory Washington Board Member 1.0
Director
$0 $0 $0
Heather Wingate Board Member 1.0
Director
$0 $0 $0
Horacio Rozanski Board Member 1.0
Director
$0 $0 $0
J Stephen Jones Board Member 1.0
Director
$0 $0 $0
Jodie McLean Board Member 1.0
Director
$0 $0 $0
Jordan Goldstein Board Member 1.0
Director
$0 $0 $0
Kendrick Ashton Board Member 1.0
Director
$0 $0 $0
Kenneth Samet Board Member 1.0
Director
$0 $0 $0
Kimberly Russo Board Member 1.0
Director
$0 $0 $0
Kyle Schoppmann Board Member 1.0
Director
$0 $0 $0
Leslie Hale Board Member 1.0
Director
$0 $0 $0
Linda Rabbit Board Member 1.0
Director
$0 $0 $0
Marty Rodgers Board Member 1.0
Director
$0 $0 $0
Mary Streett Board Member 1.0
Director
$0 $0 $0
Monica Dalwadi Board Member 1.0
Director
$0 $0 $0
Nora Gardner Board Member 1.0
Director
$0 $0 $0
Richard Bynum Board Member 1.0
Director
$0 $0 $0
Sameer Bhargava Board Member 1.0
Director
$0 $0 $0
Shawn Wright Board Member 1.0
Director
$0 $0 $0
Stephanie Linnartz Board Member 1.0
Director
$0 $0 $0
Susan Tynan Board Member 1.0
Director
$0 $0 $0
Suzanne Clark Board Member 1.0
Director
$0 $0 $0
Theresa Fariello Board Member 1.0
Director
$0 $0 $0
Usman Ahmed Board Member 1.0
Director
$0 $0 $0
W Matthew Kelly Board Member 1.0
Director
$0 $0 $0
Ziad Ojakli Board Member 1.0
Director
$0 $0 $0
Jessalyn Vermillion Chief Accounting & Finance Officer 40.0
Officer
$174,054 $19,754 $193,808
Jamie Maguire Senior Director, Events & Scheduling 40.0
Highest
$127,000 $19,316 $146,316
Jeffrey Germak VP, Membership & Administration 40.0
Highest
$137,500 $20,462 $157,962
Judi Irastorza SVP, Communications 40.0
Highest
$177,262 $38,722 $215,984
Mara-Lise Deychak VP, Corporate Engagement 40.0
Highest
$136,026 $21,479 $157,505
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
2025 $8,625,798 $6,970,106 $19,214,122 $1,655,692
2024 $7,864,489 $7,350,773 $15,753,254 $513,716
2023 $6,939,083 $6,000,623 $14,638,930 $938,460
2022 $5,984,327 $5,076,290 $13,318,096 $908,037
2021 $5,525,813 $3,928,876 $12,647,182 $1,596,937
2020 $6,379,524 $4,554,350 $10,380,291 $1,825,174
2019 $7,621,115 $5,932,669 $9,169,033 $1,688,446
2018 $4,569,530 $3,785,545 $7,294,632 $783,985
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