Capitol Hill Chamber of Commerce

Nonprofit profile at a glance

EIN
208169460
IRS 990-EZ coverage
2018–2018
Forms available
Form 990 2017, Form 990-EZ 2018
Location
Seattle, WA, USA
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$187,914
Expenses
$212,739
Assets
$29,226
Liabilities
$5,462

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • JEFF PELLETIER (Treasurer)
  • TRACY TAYLOR (CO-CHAIR)
  • JOEY BURGESS (CO-CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Capitol Hill Chamber of Commerce is dedicated to ensuring a healthy, vibrant, diverse, neighborhood business community. We partner with business owners, property owners, affordable housing providers, social service, arts and LGBTQ organizations to ensure our programs are robust and meet our neighborhoods needs.

What it reported doing in 2018

Hosted monthly chamber mixers, coffee chats and events Launched a monthly conversation with public and private public safety advocates to address community concerns Partnered with the Broadway BIA and other community organizations to advocate for homeless outreach workers to return to the neighborhood Partnered with Seattle PrideFest to host our 300 volunteer Clean Sweep event in June Partnered with neighborhood providers to expand services offered during our 3rd Annual Community Care Day Welcomed over 2,500 individuals at the 9th Annual Hilloween carnival and trick or treat on Broadway, Pike & Pine Coordinated a holiday Shop the Hill promotion in our retail corridors Community outreach to reinvest in our core mission as a neighborhood chamber.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Sustainability: 20
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.8%; rating input score 87
  • Program expense ratio: 76.6%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -13.2%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -2.7% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -1.4% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 86.8% of revenue deployed · 76.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $163K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.