WASHINGTON RESEARCH COUNCIL

EIN: 910459840 501(c)(3) Public & Societal Benefit

SEATTLE, WA

Total Revenue
$290,527
Total Expenses
$274,071
Total Assets
$378,703
Net Assets
$378,403
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1932
Legal Domicile
WA
Principal Officer
NEIL STREGE
Phone
2064677088
Tax Period
2024-01-01 to 2024-12-31

WASHINGTON RESEARCH COUNCIL, founded in 1932, is a small nonprofit in the Public & Societal Benefit sector that reported $291K in total revenue in fiscal year 2024. Expenses of $274K left a modest 6% surplus.

Mission

TO PROVIDE TIMELY, CREDIBLE ECONOMIC RESEARCH AND POLICY ANALYSIS SUPPORTING ECONOMIC VITALITY AND PRIVATE SECTOR JOB CREATION. THE WASHINGTON RESEARCH COUNCIL IS THE STATE'S PREMIER BUSINESS-SUPPORTED RESEARCH ORGANIZATION. OPINION-LEADERS, BUSINESS OWNERS, AND LEGISLATORS RESPECT IT FOR ITS NONPARTISAN AND AUTHORITATIVE ANALYSIS.

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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 $290,527
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $290,527

Expense Breakdown

Grants Paid $0
Salaries & Benefits $243,351
Fundraising Expenses $5,562
Program Expenses $218,763
Other Expenses $30,720
TOTAL EXPENSES $274,071

Year-over-Year Comparison

2024 2023 Change
Revenue $290,527 $275,356 +0.1%
Expenses $274,071 $255,287 +0.1%
Net Income $16,456 $20,069 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
25
Employees
2
Volunteers
25

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
3
$25,390
Total Directors
26
$25,390
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNEDY SCOTT BOARD MEMBER 0.50
Director
$0 $0 $0
PALUMBO GUY BOARD MEMBER 0.50
Director
$0 $0 $0
MCLAUGHLIN TARAH BOARD MEMBER 0.50
Director
$0 $0 $0
ROTHLIN JOHN SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
MASTIN DAVE BOARD MEMBER 0.50
Director
$0 $0 $0
HELLMAN JOHAN BOARD MEMBER 0.50
Director
$0 $0 $0
CHAMPLAIN SUSAN BOARD MEMBER 0.50
Director
$0 $0 $0
BRADY PAM BOARD MEMBER 0.50
Director
$0 $0 $0
URBINA FABIAN BOARD MEMBER 0.50
Director
$0 $0 $0
EDWARDS SCOTT BOARD MEMBER 0.50
Director
$0 $0 $0
KERR COLLEEN BOARD MEMBER 0.50
Director
$0 $0 $0
STRONG JOE BOARD MEMBER 0.50
Director
$0 $0 $0
DUNN PATRICK BOARD MEMBER 0.50
Director
$0 $0 $0
MCGRADY DAN BOARD MEMBER 0.50
Director
$0 $0 $0
RICCO STEVE BOARD MEMBER 0.50
Director
$0 $0 $0
MAHON BOB BOARD MEMBER 0.50
Director
$0 $0 $0
STRANNIGAN GARY CHAIR 0.50
Officer Director
$0 $0 $0
MILLER MATT BOARD MEMBER 0.50
Director
$0 $0 $0
WEBBER LEANNE BOARD MEMBER 0.50
Director
$0 $0 $0
SINCLAIR BLAISE BOARD MEMBER 0.50
Director
$0 $0 $0
HERRON DEBORAH BOARD MEMBER 0.50
Director
$0 $0 $0
SUNDE RENEE BOARD MEMBER 0.50
Director
$0 $0 $0
STREGE NEIL VICE CHAIR 0.50
Officer Director
$25,390 $0 $25,390
MULLIN STEVE BOARD MEMBER 0.50
Director
$0 $0 $0
SNYDER JODY BOARD MEMBER 0.50
Director
$0 $0 $0
SPIEGEL JESSICA BOARD MEMBER 0.50
Director
$0 $0 $0
MAKINGS EMILY SENIOR RESEARCH ANALYST 40.00
Highest
$121,000 $7,260 $128,260
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 No data No data No data No data
2024 $290,527 $274,071 $378,703 $16,456
2023 $275,356 $255,287 $362,256 $20,069
2022 $357,847 $249,922 $342,228 $107,925
2021 $309,952 $218,755 $234,362 $91,197
2020 $270,094 $247,536 $143,093 $22,558
2019 $282,194 $241,611 $120,198 $40,583
2018 $377,188 $303,426 $113,467 $73,762
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