ASSOCIATION OF WASHINGTON BUSINESS

EIN: 910496803

OLYMPIA, WA

Total Revenue
$12,667,972
Total Expenses
$11,238,110
Total Assets
$56,301,053
Net Assets
$29,348,963
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1904
Legal Domicile
WA
Principal Officer
KRIS JOHNSON
Phone
3609431600
Tax Period
2023-10-01 to 2024-09-30

ASSOCIATION OF WASHINGTON BUSINESS, founded in 1904, is a mid-sized nonprofit that reported $12.7M in total revenue in fiscal year 2023. Expenses of $11.2M left a modest 11% surplus.

Mission

ADVANCE INTERESTS OF BUSINESS, TRADE AND COMMERCE THROUGHOUT WASHINGTON STATE.

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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 $72,756
Program Service Revenue $8,543,951
Investment Income $4,034,935
Other Revenue $16,330
TOTAL REVENUE $12,667,972

Expense Breakdown

Grants Paid $119,387
Salaries & Benefits $5,623,774
Fundraising Expenses $0
Other Expenses $3,353,494
TOTAL EXPENSES $11,238,110

Year-over-Year Comparison

2023 2022 Change
Revenue $12,667,972 $12,356,122 +0.0%
Expenses $11,238,110 $11,767,444 0.0%
Net Income $1,429,862 $588,678 +1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
119
Independent Members
118
Employees
44
Volunteers
137

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
6
$1,052,923
Total Directors
127
$0
Key Employees
5
$1,213,218
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA LAWTON PAST CHAIR 1.00
Officer Director
$0 $0 $0
DAVE RANKIN CHAIR 1.00
Officer Director
$0 $0 $0
JOE SPRAGUE VICE CHAIR 1.00
Officer Director
$0 $0 $0
ROY HEYNDERICKX SECRETARY-TREASURER 1.00
Officer Director
$0 $0 $0
BILL AKERS MEMBER 1.00
Director
$0 $0 $0
BARRY BAKER MEMBER 1.00
Director
$0 $0 $0
DOUG BAYNE MEMBER 1.00
Director
$0 $0 $0
STEVE BELL MEMBER 1.00
Director
$0 $0 $0
ALISHA BENSON MEMBER 1.00
Director
$0 $0 $0
BILL BRADY MEMBER 1.00
Director
$0 $0 $0
DOLORES BROESKE MEMBER 1.00
Director
$0 $0 $0
ALLISON BUDVARSON MEMBER 1.00
Director
$0 $0 $0
DANIELE CAGNATEL MEMBER 1.00
Director
$0 $0 $0
MAX CALDAS MEMBER 1.00
Director
$0 $0 $0
PAT CALLANS MEMBER 1.00
Director
$0 $0 $0
MAREN CALVERT MEMBER 1.00
Director
$0 $0 $0
JOHN CARPENTER MEMBER 1.00
Director
$0 $0 $0
GARY CHRISTENSEN MEMBER 1.00
Director
$0 $0 $0
CARLA CICERO MEMBER 1.00
Director
$0 $0 $0
APRIL COITEUX MEMBER 1.00
Director
$0 $0 $0
AMELIA COOK MEMBER 1.00
Director
$0 $0 $0
CHRISTINE COTE MEMBER (THRU 06/2024) 1.00
Director
$0 $0 $0
DAN COYNE MEMBER 1.00
Director
$0 $0 $0
TYLER CROW MEMBER 1.00
Director
$0 $0 $0
AARON DEGODNY MEMBER 1.00
Director
$0 $0 $0
MICHELLE DIPPEL MEMBER 1.00
Director
$0 $0 $0
TONYA DRAKE MEMBER 1.00
Director
$0 $0 $0
JOSH DUNN MEMBER 1.00
Director
$0 $0 $0
TODD DUNNINGTON MEMBER 1.00
Director
$0 $0 $0
TAL EDMAN MEMBER 1.00
Director
$0 $0 $0
MATTHEW ELLSWORTH MEMBER 1.00
Director
$0 $0 $0
FRAN ERSKINE MEMBER 1.00
Director
$0 $0 $0
LINDSAY FISHER MEMBER 1.00
Director
$0 $0 $0
MIKE FLOOD MEMBER 1.00
Director
$0 $0 $0
FRAN FORGETTE MEMBER 1.00
Director
$0 $0 $0
BRIAN FORTH MEMBER 1.00
Director
$0 $0 $0
SHAE FRICHETTE MEMBER 1.00
Director
$0 $0 $0
GARRY FUJITA MEMBER 1.00
Director
$0 $0 $0
JOSE GARCIA MEMBER 1.00
Director
$0 $0 $0
BRIAN GENTRY MEMBER 1.00
Director
$0 $0 $0
TONY GEORGE MEMBER 1.00
Director
$0 $0 $0
DON GIBSON MEMBER 1.00
Director
$0 $0 $0
CARL GIPSON MEMBER 1.00
Director
$0 $0 $0
KRISTOFER GRAY MEMBER 1.00
Director
$0 $0 $0
CHARLIE GUILDNER MEMBER 1.00
Director
$0 $0 $0
CHIP HALBERT MEMBER 1.00
Director
$0 $0 $0
MICHELLE HEGE MEMBER 1.00
Director
$0 $0 $0
BARRY HEID MEMBER 1.00
Director
$0 $0 $0
LAURIE HOLLICK MEMBER 1.00
Director
$0 $0 $0
BEN HOSKINS MEMBER 1.00
Director
$0 $0 $0
JEN HOUSER MEMBER 1.00
Director
$0 $0 $0
MEGAN HUGHES MEMBER 1.00
Director
$0 $0 $0
KEDRICH JACKSON MEMBER 1.00
Director
$0 $0 $0
BRYAN KELLEY MEMBER 1.00
Director
$0 $0 $0
KRISTEN KELTZ MEMBER (THRU 01/2024) 1.00
Director
$0 $0 $0
COLLEEN KERR MEMBER 1.00
Director
$0 $0 $0
JUNUS KHAN MEMBER 1.00
Director
$0 $0 $0
JIM KLEIST MEMBER 1.00
Director
$0 $0 $0
KATE LAMPSON MEMBER 1.00
Director
$0 $0 $0
BRUCE LARSON MEMBER 1.00
Director
$0 $0 $0
KRISTA LINDEN MEMBER 1.00
Director
$0 $0 $0
PAULA LINNEN MEMBER 1.00
Director
$0 $0 $0
PRESTON LOVE MEMBER 1.00
Director
$0 $0 $0
LUCAS MACK MEMBER (THRU 02/2024) 1.00
Director
$0 $0 $0
SCOTT MADISON MEMBER 1.00
Director
$0 $0 $0
MARK MANTEI MEMBER 1.00
Director
$0 $0 $0
JULIANNA MARLER MEMBER 1.00
Director
$0 $0 $0
GORDON MCCLEARY MEMBER 1.00
Director
$0 $0 $0
TRACI MCGLATHERY MEMBER 1.00
Director
$0 $0 $0
ALEX MCGREGOR MEMBER 1.00
Director
$0 $0 $0
MIKE MCKINNON MEMBER 1.00
Director
$0 $0 $0
BILL MCSHERRY MEMBER 1.00
Director
$0 $0 $0
CHRIS MERRYWELL MEMBER 1.00
Director
$0 $0 $0
JEFF MESSMER MEMBER 1.00
Director
$0 $0 $0
ERIC MILES MEMBER 1.00
Director
$0 $0 $0
JAIME NEAL MEMBER (THRU 03/2024) 1.00
Director
$0 $0 $0
ERIKA NIST FRAYSER MEMBER 1.00
Director
$0 $0 $0
JOSH O'CONNOR MEMBER 1.00
Director
$0 $0 $0
EVAN ONETO MEMBER 1.00
Director
$0 $0 $0
DUSTIN O'QUINN MEMBER 1.00
Director
$0 $0 $0
GUY PALUMBO MEMBER 1.00
Director
$0 $0 $0
BETH PERCYNSKI MEMBER 1.00
Director
$0 $0 $0
CARL PERKINS MEMBER (THRU 08/2024) 1.00
Director
$0 $0 $0
KEVIN PERSON MEMBER (THRU 05/2024) 1.00
Director
$0 $0 $0
LISA PIERSON MEMBER (THRU 07/2024) 1.00
Director
$0 $0 $0
TOM PUCCI MEMBER 1.00
Director
$0 $0 $0
PAUL READ MEMBER 1.00
Director
$0 $0 $0
ANDREA REAY MEMBER 1.00
Director
$0 $0 $0
JIM REED MEMBER 1.00
Director
$0 $0 $0
BRAD REW MEMBER 1.00
Director
$0 $0 $0
FRED RIVERA MEMBER 1.00
Director
$0 $0 $0
BILL ROBERTSON MEMBER 1.00
Director
$0 $0 $0
ROB ROCHE MEMBER (THRU 09/2024) 1.00
Director
$0 $0 $0
JENNIFER ROSS MEMBER 1.00
Director
$0 $0 $0
WENDY SANCEWICH MEMBER 1.00
Director
$0 $0 $0
TIM SCHAUER MEMBER 1.00
Director
$0 $0 $0
STEPHANIE SCHILTER MEMBER 1.00
Director
$0 $0 $0
BOB SCHUETZ MEMBER 1.00
Director
$0 $0 $0
MARK SCHUSTER MEMBER 1.00
Director
$0 $0 $0
RICHARD SCHWARZ MEMBER 1.00
Director
$0 $0 $0
MIKE SCHWENK MEMBER 1.00
Director
$0 $0 $0
MICHAEL SENSKE MEMBER 1.00
Director
$0 $0 $0
BEN SHAH MEMBER 1.00
Director
$0 $0 $0
STEVE SIMMONS MEMBER 1.00
Director
$0 $0 $0
DAMON SMITH MEMBER 1.00
Director
$0 $0 $0
RACHEL SMITH MEMBER 1.00
Director
$0 $0 $0
HEATHER SNAVELY MEMBER 1.00
Director
$0 $0 $0
JEFF SNOW MEMBER 1.00
Director
$0 $0 $0
LARRY SOEHREN MEMBER 1.00
Director
$0 $0 $0
NICOLE SOHN MEMBER 1.00
Director
$0 $0 $0
MATT STEUERWALT MEMBER 1.00
Director
$0 $0 $0
JUSTIN STIEFEL MEMBER 1.00
Director
$0 $0 $0
CHAD SUTTER MEMBER 1.00
Director
$0 $0 $0
BILL SYMMES MEMBER 1.00
Director
$0 $0 $0
KEVIN TAPANI MEMBER 1.00
Director
$0 $0 $0
JASON THACKSTON MEMBER 1.00
Director
$0 $0 $0
DAVID TOBIAS MEMBER 1.00
Director
$0 $0 $0
ROSS TRELEVEN MEMBER 1.00
Director
$0 $0 $0
ANNA TUCCI MEMBER 1.00
Director
$0 $0 $0
KELSEY VAN MIERT MEMBER 1.00
Director
$0 $0 $0
STACIE VAUGHAN MEMBER 1.00
Director
$0 $0 $0
MIKE WALTON MEMBER 1.00
Director
$0 $0 $0
JOAN WANG MEMBER 1.00
Director
$0 $0 $0
DAVE WASSON MEMBER 1.00
Director
$0 $0 $0
NIKKI WEGNER MEMBER 1.00
Director
$0 $0 $0
ROB WHEELER MEMBER 1.00
Director
$0 $0 $0
DAVID WRIGHT MEMBER 1.00
Director
$0 $0 $0
KRISTOFER JOHNSON PRESIDENT & CEO 40.00
Officer
$670,039 $158,564 $828,603
GREG WELCH DIRECTOR OF FINANCE 40.00
Officer
$194,507 $29,813 $224,320
JOHN DAVID MASTIN ASSISTANT VICE PRESIDENT GOVERNMENT AFFAIRS 40.00
Key Emp
$262,147 $39,030 $301,177
SEAN HEINER DIRECTOR OF MEMBERSHIP 40.00
Key Emp
$210,025 $52,222 $262,247
AMY ANDERSON GOVERNMENT AFFAIRS DIRECTOR 40.00
Key Emp
$170,976 $26,203 $197,179
JASON HAGEY VICE PRESIDENT, COMMUNICATIONS 40.00
Key Emp
$201,246 $50,012 $251,258
ROBERT BATTLES GENERAL COUNSEL/GOVERNMENT AFFAIRS DIRECTOR 40.00
Key Emp
$161,583 $39,774 $201,357
MICHAEL ENNIS GOVERNMENT AFFAIRS DIRECTOR 40.00
Highest
$234,121 $45,141 $279,262
PETER GODLEWSKI GOVERNMENT AFFAIRS DIRECTOR 40.00
Highest
$140,149 $29,817 $169,966
BONNIE MILLIKAN EXECUTIVE ASSISTANT/OFFICE MANAGER 40.00
Highest
$149,018 $25,252 $174,270
CARLY MICHAEL DIRECTOR OF MEMBER EXPERIENCE & EVENTS 40.00
Highest
$139,376 $36,249 $175,625
DAVID DENNY OPERATIONS SYSTEM ADMINISTRATOR 40.00
Highest
$137,603 $37,062 $174,665
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 $12,667,972 $11,238,110 $56,301,053 $1,429,862
2023 $12,356,122 $11,767,444 $46,496,010 $588,678
2022 $11,966,956 $10,834,352 $40,892,318 $1,132,604
2021 $11,595,511 $10,286,802 $45,170,529 $1,308,709
2020 $10,546,853 $10,054,501 $40,031,604 $492,352
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