VANCOUVERS DOWNTOWN ASSOCIATION

EIN: 911816711 501(c)(3) Community Improvement

Vancouver, WA

Total Revenue
$387,829
Total Expenses
$425,187
Total Assets
$356,811
Net Assets
$351,174
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
WA
Principal Officer
Michael Walker
Phone
3602581129
Tax Period
2023-01-01 to 2023-12-31

VANCOUVERS DOWNTOWN ASSOCIATION, founded in 1989, is a small nonprofit in the Community Improvement sector that reported $388K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

Incorporated in 1989, Vancouver's Downtown Association (VDA) is a designated Washington Main Street Program that engages in revitalization efforts to keep downtown vibrant. Our initiatives aim to create an appealing employment center, boost foot traffic to small business, and enhance the quality of life for residents.

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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 $386,863
Program Service Revenue $0
Investment Income $809
Other Revenue $157
TOTAL REVENUE $387,829

Expense Breakdown

Grants Paid $21,500
Salaries & Benefits $152,951
Fundraising Expenses $45,242
Program Expenses $309,306
Other Expenses $250,736
TOTAL EXPENSES $425,187

Year-over-Year Comparison

2023 2022 Change
Revenue $387,829 $492,086 -0.2%
Expenses $425,187 $519,735 -0.2%
Net Income $-37,358 $-27,649 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
150

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
10
$0
Key Employees
1
$90,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Walker Executive Director 60
Key Emp
$90,000 $0 $90,000
Linda Reid Secretary 1
Officer Director
$0 $0 $0
Linda Glover President 2
Officer Director
$0 $0 $0
Marnie Farness Vice President 1
Director
$0 $0 $0
Shara Wokal Treasurer 1
Officer Director
$0 $0 $0
Christine Rust Board member 0
Director
$0 $0 $0
Dan Wyatt Jr Board member 0
Director
$0 $0 $0
Wendy Marvin Board member 0
Director
$0 $0 $0
Esther Cho Liu Board member 0
Director
$0 $0 $0
Michelle Thor Board member 0
Director
$0 $0 $0
Marianne Wilson Stein Executive Advisory Member 1
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
2024 No data No data No data No data
2023 $387,829 $425,187 $356,811 $-37,358
2022 $492,086 $519,735 $410,433 $-27,649
2021 $502,851 $366,523 $422,616 $136,328
2020 $311,267 $318,390 $290,123 $-7,123
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