Washington Asset Building Coalition

“Expenses supplies 119 telephone, telecommunications 220 it support 2,170 travel 803 conference 157 bank fees 175 total 3,644”

“Accounts payable and accrued expenses 1,680 3,549 loans from officers 0 160”

“To provide opportunities for low and moderate-income residents in washington to build, maintain, and preserve assets through investments in education, home ownership, personal savings, and entrepreneurship.”

“Wabc is the lead organization in washington state for promoting policies, programs and strategies for helping low income individuals and communities build assets that will provide them with an economic foundation to move into the middle class. To accomplish this mission, in 2019 wabc served as the convener for the 15 local asset building coalitions in washington state, facilitating quarterly meetings, monthly trainings and providing technical assistance on savings programs for low-income individuals, child savings accounts, retirement savings and financial education. Wabc worked extensively on promoting the establishment of a statewide retirement savings system for lower-income and first-time workers, and on developing a proposal for creating a statewide children's educational savings account program. Wabc also held a statewide conference in september ("the savings summit") with over 100 participants from 17 counties in washington, covering topics including the behavioral economics of savings, financial education strategies, and savings programs for education, emergency savings and retirement savings.”