Civic Intelligence

Camano Island Chamber of Commerce

EIN 91-1316239 • 501(c)6 • Camano Island, WA

Profile

Camano island chamber of commerce is where neighbors meet to encourage economic vitality through a partnership of business, residents and visitors--while encouraging the protection of the environment and quality of life on the island.

370 N East Camano Dr Ste 5 Pmb344Camano Island, WA 98282

n/A

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

53rd percentile

2.0%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

55th percentile

1.1%

Faster asset growth than 55% of similar nonprofits.

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

Revenue Growth

33rd percentile

-12%

Faster revenue growth than 33% of similar nonprofits.

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

Assets

Up

$249,979

Up $2,708 (+1.1%) from 2023

Liabilities

Up

$1,952

Up $38 (+2.0%) from 2023

Net Assets

Up

$248,027

Up $2,670 (+1.1%) from 2023

Revenue

Down

$133,068

Down $18,592 (-12%) from 2023

Expenses

Up

$130,412

Up $11,307 (+9.5%) from 2023

Net Income

Down

$2,656

Down $29,899 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $16,178Net Assets 2013: $16,1782013Assets 2014: $25,885Liabilities 2014: $02014Assets 2015: $45,158Net Assets 2015: $45,1582015Assets 2016: $33,838Liabilities 2016: $02016Assets 2017: $34,086Liabilities 2017: $0Net Assets 2017: $34,0862017Assets 2018: $70,171Liabilities 2018: $02018Assets 2019: $89,994Liabilities 2019: $3,189Net Assets 2019: $86,8052019Assets 2020: $156,690Net Assets 2020: $156,6902020Assets 2021: $205,628Net Assets 2021: $205,6282021Assets 2022: $212,802Net Assets 2022: $212,8022022Assets 2023: $247,271Liabilities 2023: $1,914Net Assets 2023: $245,3572023Assets 2024: $249,979Liabilities 2024: $1,952Net Assets 2024: $248,0272024

Highlighted filing

2024

Assets$249,979
Liabilities$1,952
Net Assets$248,027

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $55,365Expenses 2013: $48,364Net Income 2013: $7,0012013Revenue 2014: $57,584Expenses 2014: $47,877Net Income 2014: $9,7072014Revenue 2015: $72,589Expenses 2015: $53,318Net Income 2015: $19,2712015Revenue 2016: $56,795Expenses 2016: $68,115Net Income 2016: -$11,3202016Revenue 2017: $71,383Expenses 2017: $71,135Net Income 2017: $2482017Revenue 2018: $142,454Expenses 2018: $106,369Net Income 2018: $36,0852018Revenue 2019: $85,276Expenses 2019: $68,165Net Income 2019: $17,1112019Revenue 2020: $180,804Expenses 2020: $110,919Net Income 2020: $69,8852020Revenue 2021: $143,866Expenses 2021: $94,930Net Income 2021: $48,9362021Revenue 2022: $166,820Expenses 2022: $159,645Net Income 2022: $7,1752022Revenue 2023: $151,660Expenses 2023: $119,105Net Income 2023: $32,5552023Revenue 2024: $133,068Expenses 2024: $130,412Net Income 2024: $2,6562024

Highlighted filing

2024

Revenue$133,068
Expenses$130,412
Net Income$2,656

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 29, 2025
Return Version
2024v5.0
Gross Receipts
$205,209
Mission and Program Overview

Mission

Camano island chamber of commerce is where neighbors meet to encourage economic vitality through a partnership of business, residents and visitors--while encouraging the protection of the environment and quality of life on the island.

Camano island chamber of commerce is where neighbors meet to encourage economic vitality through a partnership of business, residents and visitors - while encouraging the protection of the environment and quality of life on camano island.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$143,152$141,786▼ $1,366
Savings and Temporary Cash Investments$104,119$108,193▲ $4,074
Total Assets$247,271$249,979▲ $2,708
Liabilities
Accounts Payable and Accrued Expenses$1,914$1,952▲ $38
Total Liabilities$1,914$1,952▲ $38
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$245,357$248,027▲ $2,670
Total Net Assets Fund Balance$245,357$248,027▲ $2,670
Total Liabilities and Net Assets / Fund Balance$247,271$249,979▲ $2,708
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brandon EricsonPresident
Susan FayDirector
Martha MaganaTreasurer
Ellice LienVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$114,858
Program Service Revenue
$0
Investment Income
$3,734
Other Revenue
$14,476
All Other Contributions
$6,762
Change in Net Assets
$2,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$82,176
Other Expenses$48,236
Total Fundraising Expense$832
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,364--$74,364
Conferences and Meetings$3,046$4,124-$7,170
Payroll Taxes$7,033--$7,033
All Other Expenses$5,501$1,126-$6,627
Insurance$2,870$615$615$4,100
Information Technology$2,913$57$217$3,187
Other Expenses$3,075--$3,075
Office Expenses$810$1,323-$2,133
Fees for Services Accounting$1,245--$1,245
Other Employee Benefits-$779-$779
Fees for Services Other$334--$334
Total Functional Expenses$121,556$8,024$832$130,412
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,617
Fundraising Direct Expenses$72,141
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Glass Quest$44,862$44,862$56,205$-11,343
Chili Chowder C$30,365$30,365$11,158$19,207
Total Events$85,211$85,211$70,359$14,852
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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

Reviewed by officers prior to filing.

Form 990, Page 6, Part VI, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Camano Island Chamber of Commerce
EIN
91-1316239
Phone
3606297136
Address
370 N EAST CAMANO DR STE 5 PMB344, CAMANO ISLAND, WA 98282

Signing Officer

Name
Brandon Ericson
Title
President
Phone
3603876668
Signed
2025-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Ericson
Formed
2013
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
25

Preparer

Firm
Michael Dame & Associates Inc Ps
Address
PO BOX 879, STANWOOD, WA 98292
Preparer
Michael P Dame CPA
Phone
3606299420
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Camano island chamber of commerce is where neighbors meet to encourage economic vitality through a partnership of business, residents and visitors - while encouraging the protection of the environment and quality of life on camano island.

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

Camano island chamber of commerce provides a visitor information center for the island, has monthly general membership meetings to help member businesses, hold joint chamber meetings with other commerce entities and the public to expand interest in local business, provides scholarships for local stanwood camano school district seniors, and hosts fundraisers such as the chili chowder cookoff, glass quest and shonsorships of events to support business and community events.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CAMANO ISLAND CHAMBER OF COMMERCE PROVIDES A VISITOR INFORMATION CENTER FOR THE ISLAND, HAS MONTHLY GENERAL MEMBERSHIP MEETINGS TO HELP MEMBER BUSINESSES, HOLD JOINT CHAMBER MEETINGS WITH OTHER COMMERCE ENTITIES AND THE PUBLIC TO EXPAND INTEREST IN LOCAL BUSINESS, PROVIDES SCHOLARSHIPS FOR LOCAL STANWOOD CAMANO SCHOOL DISTRICT SENIORS, AND HOSTS FUNDRAISERS SUCH AS THE CHILI CHOWDER COOKOFF, GLASS QUEST AND SHONSORSHIPS OF EVENTS TO SUPPORT BUSINESS AND COMMUNITY EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY OFFICERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MADE AVAILABLE UPON REQUEST.
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 19
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0245357
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0248027
IRS990/TotalOtherProgSrvcExpenseAmt07033
IRS990/TotalProgramServiceExpensesAmt0121556
IRS990/TotalRevenueGrp/ExclusionAmt018210
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0133068
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0247271
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0249979
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0848 N SUNRISE BLVD
IRS990/USAddress/AddressLine2Txt0STE C
IRS990/USAddress/CityNm0CAMANO ISLAND
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098282
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0CAMANOISLAND.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRANDON ERICSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03603876668
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAMANO ISLAND CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0CAMA
ReturnHeader/Filer/EIN0911316239
ReturnHeader/Filer/PhoneNum03606297136
ReturnHeader/Filer/USAddress/AddressLine1Txt0370 N EAST CAMANO DR STE 5 PMB344
ReturnHeader/Filer/USAddress/CityNm0CAMANO ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098282
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911877590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL DAME & ASSOCIATES INC PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 879
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STANWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098292
ReturnHeader/PreparerPersonGrp/PhoneNum03606299420
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P DAME CPA
ReturnHeader/ReturnTs02025-06-30T12:40:32-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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