Civic Intelligence

Lakewood Chamber of Commerce

EIN 91-0892937 • 501(c)6 • Lakewood, WA

Profile

The chamber of commerce is used to promote and develop the economic, commerical, industrial, cultural and civic welfare of the community

6310 Mount Tacoma Drive SW Suite BLakewood, WA 98499

www.lakewood-chamber.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

5.21x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

95th percentile

0.65x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

41st percentile

-3.4%

Higher net margin than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

96th percentile

$91,696

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 28.5% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

23rd percentile

-25%

Faster asset growth than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

58th percentile

3.7%

Faster revenue growth than 58% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$40,189

Down $13,420 (-25%) from 2024

Liabilities

Down

$209,265

Down $2,520 (-1.2%) from 2024

Net Assets

Down

-$169,076

Down $10,900 (-6.9%) from 2024

Revenue

Up

$322,024

Up $11,607 (+3.7%) from 2024

Expenses

Down

$332,924

Down $2,658 (-0.8%) from 2024

Net Income

Up

-$10,900

Up $14,265 (+57%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100K-$200KAssets 2012: $77,122Liabilities 2012: $11,951Net Assets 2012: $65,1712012Assets 2013: $90,332Liabilities 2013: $12,686Net Assets 2013: $77,6462013Assets 2014: $66,457Liabilities 2014: $12,035Net Assets 2014: $54,4222014Assets 2015: $53,605Liabilities 2015: $10,393Net Assets 2015: $43,2122015Assets 2016: $50,237Liabilities 2016: $29,068Net Assets 2016: $21,1692016Assets 2017: $51,344Liabilities 2017: $24,674Net Assets 2017: $26,6702017Assets 2018: $50,069Liabilities 2018: $28,882Net Assets 2018: $21,1872018Assets 2019: $49,065Liabilities 2019: $49,142Net Assets 2019: -$772019Assets 2020: $159,048Liabilities 2020: $178,426Net Assets 2020: -$19,3782020Assets 2021: $172,311Liabilities 2021: $189,384Net Assets 2021: -$17,0732021Assets 2022: $86,135Liabilities 2022: $156,945Net Assets 2022: -$70,8102022Assets 2023: $48,079Liabilities 2023: $181,090Net Assets 2023: -$133,0112023Assets 2024: $53,609Liabilities 2024: $211,785Net Assets 2024: -$158,1762024Assets 2025: $40,189Liabilities 2025: $209,265Net Assets 2025: -$169,0762025

Highlighted filing

2025

Assets$40,189
Liabilities$209,265
Net Assets-$169,076

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $356,964Expenses 2012: $375,545Net Income 2012: -$18,5812012Revenue 2013: $366,361Expenses 2013: $353,886Net Income 2013: $12,4752013Revenue 2014: $408,052Expenses 2014: $431,276Net Income 2014: -$23,2242014Revenue 2015: $363,931Expenses 2015: $375,141Net Income 2015: -$11,2102015Revenue 2016: $302,977Expenses 2016: $325,257Net Income 2016: -$22,2802016Revenue 2017: $330,610Expenses 2017: $329,361Net Income 2017: $1,2492017Revenue 2018: $331,977Expenses 2018: $339,411Net Income 2018: -$7,4342018Revenue 2019: $307,364Expenses 2019: $330,184Net Income 2019: -$22,8202019Revenue 2020: $264,684Expenses 2020: $283,941Net Income 2020: -$19,2572020Revenue 2021: $292,141Expenses 2021: $295,825Net Income 2021: -$3,6842021Revenue 2022: $266,876Expenses 2022: $320,283Net Income 2022: -$53,4072022Revenue 2023: $282,689Expenses 2023: $344,890Net Income 2023: -$62,2012023Revenue 2024: $310,417Expenses 2024: $335,582Net Income 2024: -$25,1652024Revenue 2025: $322,024Expenses 2025: $332,924Net Income 2025: -$10,9002025

Highlighted filing

2025

Revenue$322,024
Expenses$332,924
Net Income-$10,900

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.40$2.09$1.69$3.22$3.33$0.11
2024Detailed filing. Detailed filing data is available for this year.$0.54$2.12$1.58$3.10$3.36$0.25
2023Detailed filing. Detailed filing data is available for this year.$0.48$1.81$1.33$2.83$3.45$0.62
2022Detailed filing. Detailed filing data is available for this year.$0.86$1.57$0.71$2.67$3.20$0.53
2021Detailed filing. Detailed filing data is available for this year.$1.72$1.89$0.17$2.92$2.96$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.59$1.78$0.19$2.65$2.84$0.19
2019Summary only. Only limited summary data is available for this year.$0.49$0.49$0.00$3.07$3.30$0.23
2018Summary only. Only limited summary data is available for this year.$0.50$0.29$0.21$3.32$3.39$0.07
2017Summary only. Only limited summary data is available for this year.$0.51$0.25$0.27$3.31$3.29$0.01
2016Summary only. Only limited summary data is available for this year.$0.50$0.29$0.21$3.03$3.25$0.22
2015Summary only. Only limited summary data is available for this year.$0.54$0.10$0.43$3.64$3.75$0.11
2014Summary only. Only limited summary data is available for this year.$0.66$0.12$0.54$4.08$4.31$0.23
2013Summary only. Only limited summary data is available for this year.$0.90$0.13$0.78$3.66$3.54$0.12
2012Summary only. Only limited summary data is available for this year.$0.77$0.12$0.65$3.57$3.76$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 11, 2026
Return Version
2024v5.0
Gross Receipts
$322,024
Mission and Program Overview

Mission

To promote the community, provide networking opportunities, represent the interests of business with the government through political actions, create a strong local economy, build a strong chamber and business community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$46,534$46,534→ $0
Savings and Temporary Cash Investments$846$8,966▲ $8,120
Cash and Non-Interest-Bearing Accounts$6,229$-15,311▼ $21,540
Rtn Earn Endowment Incm Other Fnds$-158,176$-169,076▼ $10,900
Total Assets$53,609$40,189▼ $13,420
Liabilities
Unsecured Notes Loans Payable$142,492$138,698▼ $3,794
Other Liabilities$69,293$70,567▲ $1,274
Total Liabilities$211,785$209,265▼ $2,520
Net Assets / Fund Balance
Total Net Assets Fund Balance$-158,176$-169,076▼ $10,900
Total Liabilities and Net Assets / Fund Balance$53,609$40,189▼ $13,420
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda K SmithPresident &FT$85,516$6,180$91,696

Board Members and Trustees

NameTitle
Tammy FaelnarBoard Chair
Elwis JohnsonDirector
Michael CruzDirector
Timothy VatterDirector
Tommy CarsonDirector
Hailey WheelerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$223,195
Program Service Revenue
$98,828
Investment Income
$1
Other Revenue
$0
All Other Contributions
$7,905
Change in Net Assets
$-10,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$187,074
Other Expenses$145,850
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$25,371$110,887-$136,258
All Other Expenses$25,338$22,650-$47,988
Occupancy-$31,340-$31,340
Other Salaries and Wages$22,854--$22,854
Payroll Taxes$2,847$12,135-$14,982
Office Expenses-$11,954-$11,954
Other Employee Benefits-$10,936-$10,936
Other Expenses$7,658$9,831-$7,658
Fees for Services Accounting-$5,825-$5,825
Insurance-$4,374-$4,374
Interest-$4,180-$4,180
Pension Plan Contributions$388$1,656-$2,044
Advertising$229--$229
Conferences and Meetings$26--$26
Total Functional Expenses$107,156$225,768$0$332,924
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bank Overdraft$56,832
Employee Simple Payable$6,952
Employee Hsa Cont Payable$3,400
941 Tax Payable$2,532
Supplemental Insurance Payable$526
Wa Cares & Pfml Payable$325
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is delivered to the president and scheduled for review before the board of directors before filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually with each incoming board.

Form 990, Page 6, Part VI, Line 15A

Compensation policies are reviewed annually by the staff and executive committee.

Form 990, Page 6, Part VI, Line 19

The chamber office is open during normal business hours. Governing documents, conflict of interest policy, and tax returns are made available to the public.

Filing and Contact Details

Filer

Filer Name
Lakewood Chamber of Commerce
EIN
91-0892937
Phone
2535829400
Address
6310 MOUNT TACOMA DRIVE SW SUITE B, LAKEWOOD, WA 98499

Signing Officer

Name
Linda K Smith
Title
President & CEO
Phone
2535829400
Signed
2026-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda K Smith
Formed
1972
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
25

Preparer

Firm
F James Weinand & Associates Cpas Ps
Address
6322 LAKE GROVE ST SW, LAKEWOOD, WA 98499-1726
Preparer
Shawn Mattingly CPA
Phone
2535847966
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote the community, provide networking opportunities, represent the interests of business with the government through political actions, create a strong local economy, build a strong chamber and business community.

Form 990, Page 2, Part III, Line 4D

Provide scholarships to local community college students.

Form 990, Part IX, Line 24E

Equipment rental & repair 0 6,368 0 holiday auction exp 6,343 0 0 president car allowance 0 6,180 0 media room 5,851 0 0 bank & credit card proces 0 4,694 0 ed scholarships 3,380 0 0 unbudgeted 0 3,351 0 installation luncheon 3,163 0 0 armed forces connect exp 2,950 0 0 memorial day concert 2,567 0 0 dues & subscriptions 0 1,262 0 payroll processing fees 0 551 0 junk in the trunk exp 500 0 0 golf classice 307 0 0 membership directory 277 0 0 other 0 111 0 president expense 0 71 0 meals 0 50 0 board of directors exp 0 12 0 total 25,338 22,650 0

Raw XML Appendix344 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReconcilationRevenueExpnssAmt0-10900
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0111042
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-158176
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-169076
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0846
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08966
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16952
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5325
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BANK OVERDRAFT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EMPLOYEE SIMPLE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2EMPLOYEE HSA CONT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3941 TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SUPPLEMENTAL INSURANCE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5WA CARES & PFML PAYABLE
IRS990ScheduleD/TotalLiabilityAmt070567
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE THE COMMUNITY, PROVIDE NETWORKING OPPORTUNITIES, REPRESENT THE INTERESTS OF BUSINESS WITH THE GOVERNMENT THROUGH POLITICAL ACTIONS, CREATE A STRONG LOCAL ECONOMY, BUILD A STRONG CHAMBER AND BUSINESS COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDE SCHOLARSHIPS TO LOCAL COMMUNITY COLLEGE STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS DELIVERED TO THE PRESIDENT AND SCHEDULED FOR REVIEW BEFORE THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH EACH INCOMING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION POLICIES ARE REVIEWED ANNUALLY BY THE STAFF AND EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CHAMBER OFFICE IS OPEN DURING NORMAL BUSINESS HOURS. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND TAX RETURNS ARE MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EQUIPMENT RENTAL & REPAIR 0 6,368 0 HOLIDAY AUCTION EXP 6,343 0 0 PRESIDENT CAR ALLOWANCE 0 6,180 0 MEDIA ROOM 5,851 0 0 BANK & CREDIT CARD PROCES 0 4,694 0 ED SCHOLARSHIPS 3,380 0 0 UNBUDGETED 0 3,351 0 INSTALLATION LUNCHEON 3,163 0 0 ARMED FORCES CONNECT EXP 2,950 0 0 MEMORIAL DAY CONCERT 2,567 0 0 DUES & SUBSCRIPTIONS 0 1,262 0 PAYROLL PROCESSING FEES 0 551 0 JUNK IN THE TRUNK EXP 500 0 0 GOLF CLASSICE 307 0 0 MEMBERSHIP DIRECTORY 277 0 0 OTHER 0 111 0 PRESIDENT EXPENSE 0 71 0 MEALS 0 50 0 BOARD OF DIRECTORS EXP 0 12 0 TOTAL 25,338 22,650 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt053609
IRS990/TotalAssetsEOYAmt040189
IRS990/TotalAssetsGrp/BOYAmt053609
IRS990/TotalAssetsGrp/EOYAmt040189
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0223195
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0225768
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0107156
IRS990/TotalFunctionalExpensesGrp/TotalAmt0332924
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0211785
IRS990/TotalLiabilitiesEOYAmt0209265
IRS990/TotalLiabilitiesGrp/BOYAmt0211785
IRS990/TotalLiabilitiesGrp/EOYAmt0209265
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-158176
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-169076
IRS990/TotalOtherCompensationAmt06180
IRS990/TotalOtherProgSrvcExpenseAmt03380
IRS990/TotalOtherProgSrvcRevenueAmt08430
IRS990/TotalProgramServiceExpensesAmt0107156
IRS990/TotalProgramServiceRevenueAmt098828
IRS990/TotalReportableCompFromOrgAmt085516
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt098829
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0322024
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053609
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt040189
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0142492
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0138698
IRS990/USAddress/AddressLine1Txt06310 MOUNT TACOMA DRIVE SW STE B
IRS990/USAddress/CityNm0LAKEWOOD
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098499
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.LAKEWOOD-CHAMBER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA K SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02535829400
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKEWOOD CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0910892937
ReturnHeader/Filer/PhoneNum02535829400
ReturnHeader/Filer/USAddress/AddressLine1Txt06310 MOUNT TACOMA DRIVE SW SUITE B
ReturnHeader/Filer/USAddress/CityNm0LAKEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098499
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911660286
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0F JAMES WEINAND & ASSOCIATES CPAS PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06322 LAKE GROVE ST SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKEWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0984991726
ReturnHeader/PreparerPersonGrp/PhoneNum02535847966
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWN MATTINGLY CPA
ReturnHeader/ReturnTs02026-02-11T22:17:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-09-01
ReturnHeader/TaxPeriodEndDt02025-08-31
ReturnHeader/TaxYr02024

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