CHAMBER OF COMMERCE OF BURLINGTON WASHINGTON

EIN: 911019001

BURLINGTON, WA

Total Revenue
$484,267
Total Expenses
$506,838
Total Assets
$267,596
Net Assets
$251,977
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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
1961
Legal Domicile
WA
Principal Officer
MIKE DYBERG
Phone
3607570994
Tax Period
2024-01-01 to 2024-12-31

CHAMBER OF COMMERCE OF BURLINGTON WASHINGTON, founded in 1961, is a small nonprofit that reported $484K in total revenue in fiscal year 2024.

Mission

THE BURLINGTON CHAMBER IS A DEDICATED CHAMPION FOR LOCAL BUSINESSES, COMMITTED TO ADVANCING PRO-BUSINESS INITIATIVES WITH INTEGRITY. WE PROVIDE ADVOCACY, PROMOTION, AND TRAINING.

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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 $443,754
Program Service Revenue $9,075
Investment Income $4,662
Other Revenue $26,776
TOTAL REVENUE $484,267

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $309,753
Fundraising Expenses $37,894
Other Expenses $192,085
TOTAL EXPENSES $506,838

Year-over-Year Comparison

2024 2023 Change
Revenue $484,267 $454,037 +0.1%
Expenses $506,838 $451,752 +0.1%
Net Income $-22,571 $2,285 -10.9%
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
15
Independent Members
15
Employees
9
Volunteers
75

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
5
$87,050
Total Directors
17
$0
Key Employees
1
$87,050
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MINDY ENGSTROM CHAIRMAN 1.00
Officer Director
$0 $0 $0
KAAREN FLINT VICE CHAIR 1.00
Officer Director
$0 $0 $0
MINDY HOLLAND PAST CHAIR 1.00
Officer Director
$0 $0 $0
APRIL MOORE TREASURER 1.00
Officer Director
$0 $0 $0
BLAKE VAN ROEKET DIRECTOR 1.00
Director
$0 $0 $0
THERESE LUNDVALL DIRECTOR 1.00
Director
$0 $0 $0
MIKE LUVERA DIRECTOR 1.00
Director
$0 $0 $0
MARY JO SANDERS DIRECTOR 1.00
Director
$0 $0 $0
BRYAN JONES DIRECTOR 1.00
Director
$0 $0 $0
CHRIS PEARSON DIRECTOR 1.00
Director
$0 $0 $0
HILARY PARKER DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE BORLIN DIRECTOR 1.00
Director
$0 $0 $0
JARROD BALL DIRECTOR 1.00
Director
$0 $0 $0
JORGE ESTEFAN DIRECTOR 1.00
Director
$0 $0 $0
LISA CASE DIRECTOR 1.00
Director
$0 $0 $0
APRIL PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
MANNUEL RETA DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE REES CEO 40.00
Officer Key Emp
$87,050 $0 $87,050
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 $484,267 $506,838 $267,596 $-22,571
2023 $454,037 $451,752 $286,455 $2,285
2022 $321,543 $289,048 $284,521 $32,495
2021 $318,596 $235,389 $268,973 $83,207
2020 $228,259 $246,281 $166,792 $-18,022
2019 $288,731 $276,862 $194,328 $11,869
2018 $313,504 $265,522 $215,623 $47,982
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