GREATER KIRKLAND CHAMBER OF COMMER… - Form 990 Financial Data

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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

1946

Legal Domicile

Principal Officer

KATHRYN STRAUB

Phone

4258227066

Tax Period

2024-01-01 to 2024-12-31

GREATER KIRKLAND CHAMBER OF COMMERCE, founded in 1946, is a small nonprofit that reported $496K in total revenue in fiscal year 2024. Expenses of $588K exceeded revenue, resulting in a 19% operating deficit.

Mission

PROMOTING GREATER KIRKLAND BUSINESSES AND COMMUNITY SERVICE

Program Service Accomplishments

Program 1

Expenses: $7,818 Revenue: $58,876

PROVIDED ESSENTIAL EDUCATIONAL INFORMATION TO SUPPORT DIVERSITY AND INCLUSION WITHIN THE MEMBERS OF THE COMMUNITY.

Program 2

Expenses: $69,166 Revenue: $54,220

EXPANDED THE KIRKLAND WINE WALK WHICH IS AN ECONOMIC DEVELOPMENT EVENT IN DOWNTOWN KIRKLAND PROMOTING LOCAL BUSINESSES.

Program 3

Expenses: $54,454 Revenue: $114,513

INCREASED THE NUMBER OF NETWORKING EVENTS TO GROW VISIBILITY AND POTENTIAL PARTNERSHIPS AMONG MEMBERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $167,021

Program Service Revenue $237,923

Investment Income $4

Other Revenue $90,711

TOTAL REVENUE $495,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $250,285

Fundraising Expenses $0

Program Expenses $131,438

Other Expenses $338,126

TOTAL EXPENSES $588,411

Year-over-Year Comparison

	2024	2023	Change
Revenue	$495,659	$480,532	+0.0%
Expenses	$588,411	$462,614	+0.3%
Net Income	$-92,752	$17,918	-6.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTIAN URI	VP, 2023 PRESIDENT ELECT	5.00	Officer Director	$0	$0	$0
CHRISTOPHER DENZIN	DIRECTOR	5.00	Director	$0	$0	$0
SCOTT BECKER	VP, PUBLIC POLICY	5.00	Officer Director	$0	$0	$0
DALLAS STEWART	PRESIDENT EMERITUS	5.00	Officer Director	$0	$0	$0
ALICIA QUACO	VP, EVENTS	5.00	Officer Director	$0	$0	$0
CLAUDIA SMITH	DIRECTOR	5.00	Director	$0	$0	$0
JEFF TOMLIN	DIRECTOR	5.00	Director	$0	$0	$0
JAURDEY SAMUEL	DIRECTOR	5.00	Director	$0	$0	$0
ANNE HESS	DIRECTOR	5.00	Director	$0	$0	$0
AMY MUTAL	VP, CITY RELATIONS	5.00	Officer Director	$0	$0	$0
KARIN QUIRK	DIRECTOR	5.00	Director	$0	$0	$0
DAVID BANDER	VP, FINANCE	5.00	Officer Director	$0	$0	$0
LANI BROCKMAN	DIRECTOR	5.00	Director	$0	$0	$0
JOLENE MESSMER	DIRECTOR	5.00	Director	$0	$0	$0
RYAN JAMES	VP, PUBLIC POLICY	5.00	Officer Director	$0	$0	$0
WILL WRIGHT	VP, MEMBERSHIP	5.00	Officer Director	$0	$0	$0
LEO SPEAKS	VP, SECRETARY	5.00	Officer Director	$0	$0	$0
DIANA LYNN	DIRECTOR	5.00	Director	$0	$0	$0
CRISSY TREWIN	DIRECTOR	5.00	Director	$0	$0	$0
JANET SEDERQUIST	DIRECTOR	5.00	Director	$0	$0	$0
BONNIE MCLEOD	DIRECTOR	5.00	Director	$0	$0	$0
CHERESE BOURGOIN	PRESIDENT	5.00	Officer Director	$0	$0	$0
KATIE FERGUSON	DIRECTOR	5.00	Director	$0	$0	$0
KATHRYN STRAUB	EXECUTIVE DIRECTOR	5.00	Officer 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	$495,659	$588,411	$73,632	$-92,752
2023	$480,532	$462,614	$170,322	$17,918
2022	$366,826	$418,852	$148,043	$-52,026
2021	$397,733	$333,481	$199,678	$64,252
2020	$295,330	$292,215	$115,482	$3,115
2020	$295,330	$273,143	$134,554	$22,187
2019	$393,288	$356,769	$105,049	$36,519
2018	$373,501	$349,732	$64,933	$23,769

GREATER KIRKLAND CHAMBER OF COMMERCE