Civic Intelligence

Covington Chamber of Commerce

EIN 91-1571550 • 501(c)6 • Maple Valley, WA

Profile

Business networking & developme

PO Box 8041Maple Valley, WA 98038

n/A

Siviq Scores

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

Liabilities / Assets

69th percentile

0.05x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.07x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

10th percentile

-53%

Higher net margin than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

96th percentile

$52,870

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 42.4% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-19%

Faster asset growth than 25% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-36%

Faster revenue growth than 14% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$107,115

Down $25,581 (-19%) from 2022

Liabilities

Up

$5,537

Up $349 (+6.7%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue74th percentileNet Margin10th percentile

Revenue

Down

$80,376

Down $44,442 (-36%) from 2022

Expenses

Up

$122,753

Up $18,992 (+18%) from 2022

Net Income

Down

-$42,377

Down $63,434 (-301%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$150K$100K$50K$0Assets 2010: $29,055Liabilities 2010: $15,7322010Assets 2011: $55,749Liabilities 2011: $7,7902011Assets 2012: $65,248Liabilities 2012: $2,7142012Assets 2013: $75,360Liabilities 2013: $2,3802013Assets 2014: $10,609Liabilities 2014: $413Net Assets 2014: $10,1962014Assets 2015: $0Net Assets 2015: $15,3842015Assets 2016: $33,326Liabilities 2016: $1,187Net Assets 2016: $32,1392016Assets 2017: $38,138Liabilities 2017: $3,111Net Assets 2017: $35,0272017Assets 2018: $55,539Liabilities 2018: $856Net Assets 2018: $54,6832018Assets 2019: $77,709Liabilities 2019: $419Net Assets 2019: $77,2902019Assets 2020: $102,556Liabilities 2020: $573Net Assets 2020: $101,9832020Assets 2021: $120,532Liabilities 2021: $8,430Net Assets 2021: $112,1022021Assets 2022: $132,696Liabilities 2022: $5,188Net Assets 2022: $127,5082022Assets 2023: $107,115Liabilities 2023: $5,5372023

Highlighted filing

2023

Assets$107,115
Liabilities$5,537
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth14th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $68,930Expenses 2010: $85,251Net Income 2010: -$16,3212010Revenue 2011: $84,031Expenses 2011: $49,395Net Income 2011: $34,6362011Revenue 2012: $90,547Expenses 2012: $75,972Net Income 2012: $14,5752012Revenue 2013: $79,126Expenses 2013: $68,680Net Income 2013: $10,4462013Revenue 2014: $65,464Expenses 2014: $107,919Net Income 2014: -$42,4552014Revenue 2015: $81,870Expenses 2015: $75,311Net Income 2015: $6,5592015Revenue 2016: $77,909Expenses 2016: $60,336Net Income 2016: $17,5732016Revenue 2017: $58,672Expenses 2017: $50,640Net Income 2017: $8,0322017Revenue 2018: $82,182Expenses 2018: $62,526Net Income 2018: $19,6562018Revenue 2019: $96,926Expenses 2019: $74,405Net Income 2019: $22,5212019Revenue 2020: $108,541Expenses 2020: $83,848Net Income 2020: $24,6932020Revenue 2021: $87,998Expenses 2021: $77,879Net Income 2021: $10,1192021Revenue 2022: $124,818Expenses 2022: $103,761Net Income 2022: $21,0572022Revenue 2023: $80,376Expenses 2023: $122,753Net Income 2023: -$42,3772023

Highlighted filing

2023

Revenue$80,376
Expenses$122,753
Net Income-$42,377
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$107,115
Liabilities
$5,537
Net assets
-
Revenue
$80,376
Expenses
$122,753
Net income
-$42,377
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.07$0.06$0.80$1.23$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.33$0.05$1.28$1.25$1.04$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.08$1.12$0.88$0.78$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.01$1.02$1.09$0.84$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.77$0.97$0.74$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.01$0.55$0.82$0.63$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.03$0.35$0.59$0.51$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.78$0.60$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.15$0.82$0.75$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.65$1.08$0.42
2013Summary only. Only limited summary data is available for this year.$0.75$0.02$0.79$0.69$0.10
2012Summary only. Only limited summary data is available for this year.$0.65$0.03$0.91$0.76$0.15
2011Summary only. Only limited summary data is available for this year.$0.56$0.08$0.84$0.49$0.35
2010Summary only. Only limited summary data is available for this year.$0.29$0.16$0.69$0.85$0.16
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 15, 2020
Return Version
2022v5.0
Gross Receipts
$164,745
Mission and Program Overview

Mission

To actively promote a strong local community through business advocacy while enhancing the demand for business in covington and the south sound region.

Program Services

DescriptionGrantsExpenses
BUSINESS NETWORKING LUNCHES--
FUNDRAISING AUCTION--
SOCIAL EVENTS--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANA NEUTSManagerFT$52,870-$52,870
LORI PAXTONDirector-$0--
BRIDGET O'CONNORBoard Chair-$0--
SCOTT BEUSCHDirector-$0--
GEORGE FRASIERTreasurer-$0--
JEAN WALLDirector-$0--
MARK SMITHDirector-$0--
REGAN BOLLIDirector-$0--
PAT HANISBoard Chair-$0--
DENZEL JONESDirector-$0--
TAMARA PAULDirector-$0--
Filing and Contact Details

Filer

Filer Name
Covington Chamber of Commerce
EIN
91-1571550
Phone
2536390494
Address
PO BOX 8041, MAPLE VALLEY, WA 98038

Signing Officer

Name
Dana Neuts
Title
Manager
Phone
2536390494
Signed
2020-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Schram & Associates
Address
15215 SE 272ND STE 240, KENT, WA 98042-9918
Preparer
Connie Mckenzie
Phone
2536390494
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Ppp loan forgiven 7,167 total 7,167”

Form 990-ez, Part I, Line 16

“Expenses advertising 1,877 advertising 40 office 417 information tech. 4,580 ent. For public officials 2,164 conferences and conv. 202 insurance 1,556 member benefits 3,436 luncheon expenses 7,377 program expenses 11,735 bank service charges 119 other program expense 448 investment fees 149 merchant fees 1,796 total 35,896”

Form 990-ez, Part II, Line 24

“Accounts receivable 19,210 8,536 erc 7,000 0 prepaid expenses and deferred charges 281 281 total 26,491 8,817”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 441 payroll taxes 1,264 1,768 ppp loan 7,167 0 good work fund payable 5,650 2,979”

Form 990-ez, Part III

“To actively promote a strong local community through business advocacy while enhancing the demand for business in covington and the south sound region.”

Raw XML Appendix147 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SCHRAM & ASSOCIATES
IRS990EZ/BooksInCareOfDetail/PhoneNum02536390494
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015215 SE 272ND ST SUITE 204
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COVINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098042
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt094041
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0123879
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt072210
IRS990EZ/CostOrOtherBasisExpenseSaleAmt039927
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt021057
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06859
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0120532
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132696
IRS990EZ/GainOrLossFromSaleOfAssetsAmt073
IRS990EZ/GrossReceiptsAmt0164745
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0241
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0106451
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0127508
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0106451
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0127508
IRS990EZ/OccupancyRentUtltsAndMaintAmt02993
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1052870
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LORI PAXTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIDGET O'CONNOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCOTT BEUSCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GEORGE FRASIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEAN WALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARK SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6REGAN BOLLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PAT HANIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DENZEL JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9TAMARA PAUL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10DANA NEUTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10MANAGER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt026491
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08817
IRS990EZ/OtherExpensesTotalAmt035896
IRS990EZ/OtherRevenueTotalAmt07167
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ACTIVELY PROMOTE A STRONG LOCAL COMMUNITY THROUGH BUSINESS ADVOCACY WHILE ENHANCING THE DEMAND FOR BUSINESS IN COVINGTON AND THE SOUTH SOUND REGION.
IRS990EZ/PrintingPublicationsPostageAmt0143
IRS990EZ/ProgramServiceRevenueAmt045127
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BUSINESS NETWORKING LUNCHES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FUNDRAISING AUCTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SOCIAL EVENTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt057870
IRS990EZ/SaleOfAssetsGrossAmt040000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt014081
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05188
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0103761
IRS990EZ/TotalRevenueAmt0124818
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PPP LOAN FORGIVEN 7,167 TOTAL 7,167
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,877 ADVERTISING 40 OFFICE 417 INFORMATION TECH. 4,580 ENT. FOR PUBLIC OFFICIALS 2,164 CONFERENCES AND CONV. 202 INSURANCE 1,556 MEMBER BENEFITS 3,436 LUNCHEON EXPENSES 7,377 PROGRAM EXPENSES 11,735 BANK SERVICE CHARGES 119 OTHER PROGRAM EXPENSE 448 INVESTMENT FEES 149 MERCHANT FEES 1,796 TOTAL 35,896
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 19,210 8,536 ERC 7,000 0 PREPAID EXPENSES AND DEFERRED CHARGES 281 281 TOTAL 26,491 8,817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 441 PAYROLL TAXES 1,264 1,768 PPP LOAN 7,167 0 GOOD WORK FUND PAYABLE 5,650 2,979
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ACTIVELY PROMOTE A STRONG LOCAL COMMUNITY THROUGH BUSINESS ADVOCACY WHILE ENHANCING THE DEMAND FOR BUSINESS IN COVINGTON AND THE SOUTH SOUND REGION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANA NEUTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02536390494
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVINGTON CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0COVI
ReturnHeader/Filer/EIN0911571550
ReturnHeader/Filer/PhoneNum02536390494
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8041
ReturnHeader/Filer/USAddress/CityNm0MAPLE VALLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098038
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0912167633
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHRAM & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015215 SE 272ND STE 240
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KENT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0980429918
ReturnHeader/PreparerPersonGrp/PhoneNum02536390494
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CONNIE MCKENZIE
ReturnHeader/ReturnTs02023-08-15T11:43:51-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DANA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEUTS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits