Civic Intelligence

Ferndale Chamber of Commerce

EIN 91-1123323 • 501(c)6 • Ferndale, WA

Profile

Strengthen business community via chamber of commerce

PO Box 1264Ferndale, WA 98248

ferndale-chamber.com

Siviq Scores

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

Liabilities / Assets

75th percentile

0.10x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.12x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

67th percentile

9.8%

Higher net margin than 67% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$56,500

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 36.5% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

45%

Faster revenue growth than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$189,834

Up $18,460 (+11%) from 2023

Liabilities

Up

$18,903

Up $3,299 (+21%) from 2023

Net Assets

Up

$170,931

Up $15,161 (+9.7%) from 2023

Revenue

Up

$154,652

Up $47,927 (+45%) from 2023

Expenses

Up

$139,491

Up $772 (+0.6%) from 2023

Net Income

Up

$15,161

Up $47,155 (+147%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $34,266Liabilities 2011: $23,474Net Assets 2011: $10,7922011Assets 2012: $38,438Liabilities 2012: $7,314Net Assets 2012: $31,1242012Assets 2013: $61,584Liabilities 2013: $3,489Net Assets 2013: $58,0952013Assets 2014: $78,995Liabilities 2014: $27,199Net Assets 2014: $51,7962014Assets 2015: $46,041Liabilities 2015: $34,705Net Assets 2015: $11,3362015Assets 2016: $61,701Liabilities 2016: $7,262Net Assets 2016: $54,4392016Assets 2017: $36,656Liabilities 2017: $3,414Net Assets 2017: $33,2422017Assets 2018: $36,914Liabilities 2018: $38,205Net Assets 2018: -$1,2912018Assets 2019: $38,343Liabilities 2019: $25,670Net Assets 2019: $12,6732019Assets 2020: $99,742Liabilities 2020: $41,553Net Assets 2020: $58,1892020Assets 2021: $171,032Liabilities 2021: $43,655Net Assets 2021: $127,3772021Assets 2022: $220,802Liabilities 2022: $33,038Net Assets 2022: $187,7642022Assets 2023: $171,374Liabilities 2023: $15,604Net Assets 2023: $155,7702023Assets 2024: $189,834Liabilities 2024: $18,903Net Assets 2024: $170,9312024

Highlighted filing

2024

Assets$189,834
Liabilities$18,903
Net Assets$170,931

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $148,945Expenses 2011: $142,218Net Income 2011: $6,7272011Expenses 2012: $140,1452012Revenue 2013: $159,045Expenses 2013: $132,074Net Income 2013: $26,9712013Revenue 2014: $144,690Expenses 2014: $150,989Net Income 2014: -$6,2992014Revenue 2015: $143,618Expenses 2015: $184,078Net Income 2015: -$40,4602015Revenue 2016: $174,118Expenses 2016: $167,832Net Income 2016: $6,2862016Revenue 2017: $225,034Expenses 2017: $242,600Net Income 2017: -$17,5662017Revenue 2018: $279,104Expenses 2018: $270,245Net Income 2018: $8,8592018Revenue 2019: $235,995Expenses 2019: $222,031Net Income 2019: $13,9642019Revenue 2020: $220,766Expenses 2020: $175,953Net Income 2020: $44,8132020Revenue 2021: $221,918Expenses 2021: $152,756Net Income 2021: $69,1622021Revenue 2022: $409,872Expenses 2022: $349,485Net Income 2022: $60,3872022Revenue 2023: $106,725Expenses 2023: $138,719Net Income 2023: -$31,9942023Revenue 2024: $154,652Expenses 2024: $139,491Net Income 2024: $15,1612024

Highlighted filing

2024

Revenue$154,652
Expenses$139,491
Net Income$15,161

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.90$0.19$1.71$1.55$1.39$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.71$0.16$1.56$1.07$1.39$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.21$0.33$1.88$4.10$3.49$0.60
2021Detailed filing. Detailed filing data is available for this year.$1.71$0.44$1.27$2.22$1.53$0.69
2020Detailed filing. Detailed filing data is available for this year.$1.00$0.42$0.58$2.21$1.76$0.45
2019Summary only. Only limited summary data is available for this year.$0.38$0.26$0.13$2.36$2.22$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.38$0.01$2.79$2.70$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.37$0.03$0.33$2.25$2.43$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.07$0.54$1.74$1.68$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.35$0.11$1.44$1.84$0.40
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.27$0.52$1.45$1.51$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.03$0.58$1.59$1.32$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.07$0.31$1.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.23$0.11$1.49$1.42$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 29, 2025
Return Version
2024v5.2
Gross Receipts
$159,836
Mission and Program Overview

Mission

To improve the image of the business

Strengthens business & community by advocating, educati

Program Services

DescriptionGrantsExpenses
The flower baskets build community support and membership growth through visual outreach. They also build Chamber support through the experience of tourism.-$14,349
The annual luncheon is for networking and building membership.-$7,181
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEATHER SHERRILLEmployeePT$56,500-$56,500
SUZANNE GAVINEmployeePT$21,184-$21,184
ADRIAN HILDEMember At Large-$0--
ALYSSA PITCHERPresident-$0--
NANCY KEELERVice President-$0--
JORGE ALVAREZTreasurer-$0--
DONNA RAIMEYSecretary-$0--
KATHY YOUNGBoard-$0--
HAYDEN LEMASTERBoard-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jam on the River$12,878$7,878-$7,878
Pig & Swig$4,855$120$1,274$-1,154
Total Events$17,733$7,998$4,619$3,379
Filing and Contact Details

Filer

Filer Name
Ferndale Chamber of Commerce
EIN
91-1123323
In Care Of
% KATY KLINE
Phone
3603843042
Address
PO BOX 1264, FERNDALE, WA 98248

Signing Officer

Name
Katy Kline
Title
Executive Director
Phone
3602963024
Signed
2025-08-29
Discuss with paid preparer
Yes

Preparer

Firm
Susan Skugstad
Address
6006 BARR ROAD, FERNDALE, WA 98248
Preparer
Susan I Skugstad
Phone
3602963024
Supplemental Narrative

Additional Explanations

Part I Line 16

Advertising and promotion $435.00

Part I Line 16

Other office expenses $1944.00

Part I Line 16

Information technology $8539.00

Part I Line 16

Conferences, conventions, and meetings $134.00

Part I Line 16

Depreciation, depletion, and amortization $607.00

Part I Line 16

Insurance $4935.00

Part I Line 16

FLOWER BASKETS $9184.00

Part I Line 16

LUNCHEON $7031.00

Part I Line 16

OTHER PROGRAMS $234.00

Part I Line 16

BANK FEES $2135.00

Part I Line 13

Flower basket watering $4880.00

Part I Line 13

Visitor center contract h $4220.00

Part I Line 16

Dues & suscriptions $350.00

Part I Line 16

LICENSES $897.00

Part II Line 26

Accounts payable and accrued expenses. Beginning:$15604.00 Ending: $753.00

Part II Line 26

Deferred revenue. Beginning:$0.00 Ending: $18150.00

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