GREATER SPOKANE VALLEY CHAMBER OF COMMERCE

EIN: 910511813

SPOKANE VALLEY, WA

Total Revenue
$969,950
Total Expenses
$935,405
Total Assets
$799,723
Net Assets
$671,431
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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
1921
Legal Domicile
WA
Principal Officer
LANCE BECK
Phone
5099244994
Tax Period
2024-01-01 to 2024-12-31

GREATER SPOKANE VALLEY CHAMBER OF COMMERCE, founded in 1921, is a small nonprofit that reported $970K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $935K left a modest 4% surplus.

Mission

COMMITTED TO FOSTERING RELATIONSHIPS BETWEEN MEMBERS AND THE COMMUNITY. TO SERVE THE INTEREST OF MEMBERS BY ACTING AS A CATALYST FOR A VIBRANT SUSTAINABLE ECONOMY.

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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 $659,022
Program Service Revenue $0
Investment Income $21,696
Other Revenue $289,232
TOTAL REVENUE $969,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $735,169
Fundraising Expenses $0
Program Expenses $811,227
Other Expenses $200,236
TOTAL EXPENSES $935,405

Year-over-Year Comparison

2024 2023 Change
Revenue $969,950 $809,849 +0.2%
Expenses $935,405 $798,328 +0.2%
Net Income $34,545 $11,521 +2.0%
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
28
Independent Members
28
Employees
8
Volunteers
35

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
9
$156,988
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANCE BECK PRESIDENT & 40.00
Officer
$156,988 $0 $156,988
MATT ALBRIGHT DIRECTOR N/A
Director
$0 $0 $0
CASEY BRAZIL DIRECTOR N/A
Director
$0 $0 $0
KEVIN BROCKBANK DIRECTOR N/A
Officer Director
$0 $0 $0
WANDA BUDDRIUS DIRECTOR N/A
Officer Director
$0 $0 $0
PHIL CHAMPLIN TREASURER N/A
Officer Director
$0 $0 $0
RAY CORWIN DIRECTOR N/A
Director
$0 $0 $0
CHRIS DUFF DIRECTOR N/A
Director
$0 $0 $0
TISHA GOODMAN DIRECTOR N/A
Director
$0 $0 $0
GRANT GUINN DIRECTOR N/A
Director
$0 $0 $0
SCOTT HISLOP DIRECTOR N/A
Director
$0 $0 $0
SHELLEY JOHNSON DIRECTOR N/A
Director
$0 $0 $0
WADE LARSON DIRECTOR N/A
Director
$0 $0 $0
TRENT MAIER DIRECTOR N/A
Officer Director
$0 $0 $0
JOE MORGAN DIRECTOR N/A
Director
$0 $0 $0
NEIL MULLER DIRECTOR N/A
Director
$0 $0 $0
STACI NELSON DIRECTOR N/A
Officer Director
$0 $0 $0
BRYAN RICKER DIRECTOR N/A
Director
$0 $0 $0
CHRIS ROBINSON DIRECTOR N/A
Director
$0 $0 $0
SARAH RUSSELL DIRECTOR N/A
Director
$0 $0 $0
SUZANNE SCHMIDT DIRECTOR N/A
Director
$0 $0 $0
JIM VAN LOBEN SELS DIRECTOR N/A
Director
$0 $0 $0
CHRIS SEVERIN DIRECTOR N/A
Director
$0 $0 $0
CLINTON SLOVARP DIRECTOR N/A
Officer Director
$0 $0 $0
BROOKE BAKER SPINK CHAIR N/A
Officer Director
$0 $0 $0
CHUD WENDLE DIRECTOR N/A
Officer Director
$0 $0 $0
DOUG YOST DIRECTOR N/A
Director
$0 $0 $0
ERICA YOUNG 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
2025 No data No data No data No data
2024 $969,950 $935,405 $799,723 $34,545
2023 $809,849 $798,328 $716,588 $11,521
2022 $738,561 $691,752 $691,333 $46,809
2021 $682,231 $584,760 $670,362 $97,471
2020 $897,320 $776,895 $574,536 $120,425
2019 $578,094 $488,697 $452,746 $89,397
2018 $548,282 $443,338 $323,029 $104,944
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