ASSOCIATED MINISTRIES OF TACOMA-PIERCE COUNTY

EIN: 910847534 501(c)(3)

Tacoma, WA

Total Revenue
$3,366,053
Total Expenses
$3,601,257
Total Assets
$3,056,095
Net Assets
$2,615,750
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
WA
Principal Officer
Michael Yoder
Phone
2533833056
Tax Period
2023-10-01 to 2024-09-30

ASSOCIATED MINISTRIES OF TACOMA-PIERCE COUNTY, founded in 1969, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring.

Mission

Our mission statement is "to inspire and mobilize communities of faith and goodwill to reduce poverty and homelessness, while centering equity and advocating for system change" through direct social services, faith community action, community involvement, education, conversation and advocacy (to the extent allowed). While we are a faith based organization and exempt as a religious organization, Associated Ministries is fully committed to employing staff and delivering services to our clients without regard to religion, creed, race, color, national origin, sex, sexual orientation, age, marital status, veteran status, or disability.

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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 $618,708
Program Service Revenue $2,697,147
Investment Income $-32,083
Other Revenue $82,281
TOTAL REVENUE $3,366,053

Expense Breakdown

Grants Paid $754,579
Salaries & Benefits $2,366,531
Fundraising Expenses $124,782
Program Expenses $3,118,878
Other Expenses $480,147
TOTAL EXPENSES $3,601,257

Year-over-Year Comparison

2023 2022 Change
Revenue $3,366,053 $6,403,474 -0.5%
Expenses $3,601,257 $6,043,157 -0.4%
Net Income $-235,204 $360,317 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
33
Volunteers
217

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
7
$439,399
Total Directors
12
$0
Key Employees
1
$168,758
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Yoder Executive Director 50
Officer Key Emp
$139,890 $28,868 $168,758
Molly Archer Chief Operating Officer 50
Officer
$118,733 $22,219 $140,952
Valorie Crout Chief Program Officer 50
Officer
$108,938 $20,751 $129,689
Diane Powers President 8
Officer Director
$0 $0 $0
Carolyn Read Secretary 2
Officer Director
$0 $0 $0
Gary Gessel Vice-President 2
Officer Director
$0 $0 $0
Craig Huish Treasurer 4
Officer Director
$0 $0 $0
Ahlmahz Negash Board Member 2
Director
$0 $0 $0
Ron Martinez Board Member 1
Director
$0 $0 $0
Rev Malando Redeemer Board Member 1
Director
$0 $0 $0
Stacey Soltoff Board Member 1
Director
$0 $0 $0
Yuni Medlin Board Member 1
Director
$0 $0 $0
Candy Watkins Board Member 2.00
Director
$0 $0 $0
Rev Paul Lebens-Englund Board Member 1
Director
$0 $0 $0
Rabbi Keren Gorbin Board Member 1
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 $3,366,053 $3,601,257 $3,056,095 $-235,204
2023 $6,403,474 $6,043,157 $3,117,092 $360,317
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