FIFE MILTON EDGEWOOD CHAMBER OF COMMERCE

EIN: 943117909

FIFE, WA

Total Revenue
$178,073
Total Expenses
$179,013
Total Assets
$17,574
Net Assets
$13,706
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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
1986
Legal Domicile
WA
Principal Officer
DEN LOCKE
Phone
2539229320
Tax Period
2018-01-01 to 2018-12-31

FIFE MILTON EDGEWOOD CHAMBER OF COMMERCE, founded in 1986, is a small nonprofit that reported $178K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE, EDUCATE, AND ADVOCATE FOR BUSINESS IN FIFE, MILTON, AND EDGEWOOD.

Program Service Accomplishments

Program 1

MEMBERSHIP SPECIAL EVENTS, SUCH AS BANQUETS, AUCTIONS, LUNCHEONS, CHAMBER AFTER-HOURS NETWORKING EVENTS, AND MEMBER MEETINGS, TO HELP PROMOTE COMMUNITY SPIRIT, COMMERCE, AND TOURISM IN FIFE, MILTON...

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MEMBERSHIP SPECIAL EVENTS, SUCH AS BANQUETS, AUCTIONS, LUNCHEONS, CHAMBER AFTER-HOURS NETWORKING EVENTS, AND MEMBER MEETINGS, TO HELP PROMOTE COMMUNITY SPIRIT, COMMERCE, AND TOURISM IN FIFE, MILTON, AND EDGEWOOD.

Program 2

MEMBERSHIP DUES COLLECTED ARE USED TO ENHANCE COMMERCE WITHIN THE FIFE, MILTON, AND EDGEWOOD BUSINESS COMMUNITY BY PROVIDING NETWORKING OPPORTUNITIES THROUGH BUSINESS LETTERS AND MEMBERSHIP MEETINGS.

Program 3

MEMBERSHIP DIRECTORY ENHANCES COMMERCE AND COMMUNITY SPIRIT WITHIN THE BUSINESS COMMUNITY OF FIFE, MILTON, AND EDGEWOOD.

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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 (2018)

Revenue Breakdown

Contributions & Grants $149,785
Program Service Revenue $22,994
Investment Income $0
Other Revenue $5,294
TOTAL REVENUE $178,073

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,189
Fundraising Expenses $0
Other Expenses $72,824
TOTAL EXPENSES $179,013

Year-over-Year Comparison

2018 2017 Change
Revenue $178,073 $163,756 +0.1%
Expenses $179,013 $160,914 +0.1%
Net Income $-940 $2,842 -1.3%
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
2
Volunteers
25

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
$0
Total Directors
15
$39,581
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORA BUTTERFIELD PRESIDENT/CE 35.00
Director
$39,581 $0 $39,581
DEN LOCKE BOARD CHAIR 5.00
Officer Director
$0 $0 $0
DENISE CHRISTOFFERSON 1ST VICE CHA 5.00
Officer Director
$0 $0 $0
MARK COLEMAN 2ND VICE CHA 5.00
Officer Director
$0 $0 $0
KENDALL SHELTON TREASURER 5.00
Officer Director
$0 $0 $0
STEVE WHITAKER SECRETARY 5.00
Officer Director
$0 $0 $0
MIKE PORTER DIRECTOR 1.00
Director
$0 $0 $0
PHILIP WALDNER DIRECTOR 1.00
Director
$0 $0 $0
KATIE FLANNIGAN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD GARCHOW DIRECTOR 1.00
Director
$0 $0 $0
MATT PERRY DIRECTOR 1.00
Director
$0 $0 $0
JIM GILLESPIE DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL JOY DIRECTOR 1.00
Director
$0 $0 $0
ROBERT HANLON DIRECTOR 1.00
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
2018 $178,073 $179,013 $17,574 $-940
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