Snoqualmie Ridge Residential Owners Association

EIN: 911909244 Housing & Shelter

Snoqualmie, WA

Total Revenue
$1,618,298
Total Expenses
$1,542,584
Total Assets
$2,381,164
Net Assets
$1,323,957
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
WA
Principal Officer
Cliff Gilley
Phone
4253965430
Tax Period
2024-01-01 to 2024-12-31

Snoqualmie Ridge Residential Owners Association, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.5M left a modest 5% surplus.

Mission

Provide maintenance and management to a residential planned unit association.

Program Service Accomplishments

Program 1
Expenses: $1,281,264 Revenue: $1,339,139

Provides landscaping, general maintenance and associated expenses to common areas located within Snoqualmie Ridge.

Program 2
Expenses: $261,320 Revenue: $279,159

Provides community services and organizes community and social events.

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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 $0
Program Service Revenue $1,552,811
Investment Income $59,712
Other Revenue $5,775
TOTAL REVENUE $1,618,298

Expense Breakdown

Grants Paid $0
Salaries & Benefits $524,468
Fundraising Expenses $0
Program Expenses $1,542,584
Other Expenses $1,018,116
TOTAL EXPENSES $1,542,584

Year-over-Year Comparison

2024 2023 Change
Revenue $1,618,298 $1,591,055 +0.0%
Expenses $1,542,584 $1,578,153 0.0%
Net Income $75,714 $12,902 +4.9%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy M Atchison Director 40.00
$176,129 $0 $176,129
Kathryn L Beatie Community Manager 40.00
$102,142 $0 $102,142
Coco Carino Groth Director 2.00
Director
$0 $0 $0
Rifat Siddiq Director 2.00
Director
$0 $0 $0
Alec Anderson Director 2.00
Director
$0 $0 $0
Ryan Pryor Director 2.00
Director
$0 $0 $0
Cliff Gilley President 2.00
Officer
$0 $0 $0
Larry Fischer Treasurer 2.00
Officer
$0 $0 $0
Greg Ruselowski Vice President 2.00
Officer
$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 $1,618,298 $1,542,584 $2,381,164 $75,714
2023 $1,591,055 $1,578,153 $2,179,563 $12,902
2022 $1,515,533 $1,446,713 $2,466,155 $68,820
2021 $1,578,197 $1,435,931 $2,253,093 $142,266
2020 $1,472,711 $1,494,023 $2,110,899 $-21,312
2019 $1,538,754 $1,468,916 $2,104,169 $69,838
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