SEDRO-WOOLLEY CHAMBER OF COMMERCE

EIN: 910712764

SEDRO WOOLLEY, WA

Total Revenue
$565,658
Total Expenses
$534,394
Total Assets
$373,423
Net Assets
$367,095
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
WA
Principal Officer
AARON WEINBERG
Tax Period
2024-01-01 to 2024-12-31

SEDRO-WOOLLEY CHAMBER OF COMMERCE, founded in 1914, is a small nonprofit that reported $566K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $534K left a modest 6% surplus.

Mission

Founded in 1914, the Sedro-Woolley Chamber of Commerce promotes social gatherings as well as a healthy business climate for its members that include retailer, wholesaler, services, manufacturer, bank, churches and not for profit, individual and business entities.

Program Service Accomplishments

Program 1
Expenses: $11,281 Revenue: $12,317

MONTHLY LUNCHEONS THAT PROMOTE MEMBERS KNOWLEDGE OF EVENTS IN OUR COMMUNITY. EVERY MONTH THERE IS SPEAKER THAT DISCUSSES THE ISSUES THAT ARE MOST IMPORTANT TO LOCAL BUSINESS.

Program 2
Expenses: $24,938 Revenue: $26,878

ANNUAL EVENTS THAT PROMOTE THE DOWNTOWN REVITALIZATION, TOURISM AND ATTRACT POTENTIAL BUSINESS INVESTORS. EVENTS ARE BLAST FROM THE PAST INCLUDES A FUN RUN, CAR SHOW AND CRAFT FAIR, WOODFEST PROMOTES...

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ANNUAL EVENTS THAT PROMOTE THE DOWNTOWN REVITALIZATION, TOURISM AND ATTRACT POTENTIAL BUSINESS INVESTORS. EVENTS ARE BLAST FROM THE PAST INCLUDES A FUN RUN, CAR SHOW AND CRAFT FAIR, WOODFEST PROMOTES TECHNOLOGY AND FORESTRY AND CHRISTMAS PARADE WITH AN UGLY SWEATER CONTEST

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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 $68,260
Program Service Revenue $53,283
Investment Income $1,965
Other Revenue $442,150
TOTAL REVENUE $565,658

Expense Breakdown

Grants Paid $0
Salaries & Benefits $309,396
Fundraising Expenses $0
Program Expenses $36,219
Other Expenses $224,998
TOTAL EXPENSES $534,394

Year-over-Year Comparison

2024 2023 Change
Revenue $565,658 $497,098 +0.1%
Expenses $534,394 $480,661 +0.1%
Net Income $31,264 $16,437 +0.9%
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
12
Independent Members
N/A
Employees
6
Volunteers
N/A

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
4
$0
Total Directors
13
$76,951
Key Employees
1
$76,951
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONIQUE BRIGHAM EXECUTIVE DIRECTOR 040.00
Director Key Emp
$76,951 $0 $76,951
LISA CASE VICE PRESIDENT 005.00
Officer Director
$0 $0 $0
GINA EAKIN SECRETARY 005.00
Officer Director
$0 $0 $0
AARON WEINBERG TREASURER 005.00
Officer Director
$0 $0 $0
DUSTY KINDRED DIRECTOR 005.00
Director
$0 $0 $0
SALLY JOHNSON DIRECTOR 005.00
Director
$0 $0 $0
LYNETTE GENTRY DIRECTOR 005.00
Director
$0 $0 $0
JEANNE MCLENNAN DIRECTOR 005.00
Director
$0 $0 $0
KIMBERLY SCHLIMER DIRECTOR 005.00
Director
$0 $0 $0
MANDY ROHTMAN DIRECTOR 005.00
Director
$0 $0 $0
CHRISTINA TRADER DIRECTOR 005.00
Director
$0 $0 $0
ERIC JOHNSTON PRESIDENT 005.00
Officer Director
$0 $0 $0
MARIO PADILLA DIRECTOR 005.00
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 $565,658 $534,394 $373,423 $31,264
2023 $497,098 $480,661 $338,627 $16,437
2022 $515,437 $465,846 $355,102 $49,591
2021 $534,494 $411,977 $296,092 $122,517
2020 $453,334 $340,681 $188,031 $112,653
2019 $425,010 $381,399 $60,605 $43,611
2018 $117,390 $120,939 $25,683 $-3,549
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