Chamber Foundation in Bellevue, Washington (WA)

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Chamber Foundation
Employer Identification Number (EIN)911549749
Name of OrganizationChamber Foundation
In Care of NameSarah Skoglund
Address330 112th Ave Ne Ste 100, Bellevue, WA 98004-5800
ActivitiesCultural exchanges with foreign country
SubsectionCharitable Organization
Ruling Date03/1992
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2014
Assets$10,000 to $24,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$14,256
Amount of Income$204
Form 990 Revenue Amount$204
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2014: $204 (it was $4,404 in 2013)
Chamber Foundation: 

 $204
Other organizations performing similar types of work: 

 $180,052

Assets in 2014: $14,256 (it was $37,080 in 2013)
This organization: 

 $14,256
Other organizations performing similar types of work: 

 $162,128

Expenses in 2014: $20,528
Chamber Foundation: 

 $20,528
Other organizations performing similar types of work: 

 $157,385

Income to expenses ratio in 2014: 0.0
This organization: 

 0.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2014: 83.3%
This organization: 

 83.3%
Other organizations performing similar types of work: 

 5.2%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2009201220132014
Total revenue$19,150$2,924$4,404$204
Contributions, gifts, grants, and similar amounts received$18,848$2,875$4,354$170
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Investment income$301$49$50$34
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$0$0$0$0
Total expenses$28,062$2,290$2,500$20,528
Total net assets$18,798$32,676$34,580$14,256
Excess/Deficit for the year$-8,912$634$1,904$-20,324
Net assets or fund balances at beginning of year$27,710$32,042$32,676$34,580
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$34,580$14,256
Balance Sheets
2009201220132014
Total assets$18,798$32,676$37,080$14,256
Total liabilities$0$0$2,500$0
Net assets or fund balances$18,798$32,676$34,580$14,256
Other Information
2009201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Toy Industry Foundation1115 Broadway Ste 400, New York, NY 10010-3466NY1964-05$20,101,942
2Salesmanship Club Of Dallas106 East 10th Street Suite 200, Dallas, TX 75203-2236TX1932-09$11,816,023
3Salesmanship Club Youth And Family Centers Inc106 East 10th Street Suite 200, Dallas, TX 75203-2236TX1932-09$11,362,324
4Southeast Cement Association Inc, A Domestic Nonprofit Corporation175 Gwinnett Dr Ste 330, Lawrenceville, GA 30045-8461GA1988-08$5,306,742
5South Bronx Head Start Program Board490 E 143rd St, Bronx, NY 10454-1306NY1994-05$2,195,354
6The Houston Tscpa Foundation, Houston Cpe777 Post Oak Blvd, Houston, TX 77056-3204TX1978-08$2,061,653
7Salina Chamber Of CommercePO BOX 586, Salina, KS 67402-0586KS1942-07$1,903,085
8The Moles577 Chestnut Ridge Rd, Woodcliff Lake, NJ 07677-8409NJ1957-08$1,189,550
9Socrates Sculpture Park Inc, Broadway At Vernon BlvdBroadway At Vernon Blvd, Long Island City, NY 11106NY1992-07$1,150,853
10University Of Maine Pulp And Paper Foundation5737 Jenness Hall, Orono, ME 04469-5737ME1954-06$1,122,351
11Washington County Chamber Of Commerce375 Southpointe Blvd Ste 240, Canonsburg, PA 15317-8587PA1942-10$982,263
12Twenty Four Karat Club Of The City Of New York6 East 45th Street, New York, NY 10017-2401NY1954-07$833,777
13Southwest Brooklyn Industrial Development Corporation241 41st St Ste 2, Brooklyn, NY 11232-2831NY1980-06$781,219
14Washington Hgts Business Improvement Dist Mgment Assoc Inc1456 St Nicholas Avenue 3rd Fl, New York, NY 10033-4034NY1993-10$742,892
15Association Of School Business Officials International, Washington Association Of Sbo284 Lee St Sw Ste 132, Tumwater, WA 98501-4403WA1988-04$707,516
16Meeting Professionals International, Washington State120 State Ave Ne 303, Olympia, WA 98501-1131WA1981-05$144,503
17Washington Association Of Financial Aid Administrators1888 Vista Loop Sw, Tumwater, WA 98512-1446WA1985-12$53,693
18Exchange Club Of Highline Foundation15511 3rd Ave Sw, Seatle, WA 98166-2531WA1998-02$29,616
19Chamber Foundation330 112th Ave Ne Ste 100, Bellevue, WA 98004-5800WA1992-03$204
20Pacific Northwest International Circulation Managers Association, Northwest International Circulation ExecutivsPo Box 778, La Conner, WA 98257WA1974-04$0
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas6
Arizona5
California55
Colorado7
Connecticut18
District of Columbia12
Delaware2
Florida24
Georgia18
Hawaii1
Iowa11
Idaho2
Illinois27
Indiana11
Kansas8
Kentucky4
Louisiana4
Massachusetts25
Maryland15
Maine10
Michigan12
Minnesota16
Missouri22
Mississippi8
Montana3
North Carolina22
North Dakota2
Nebraska4
New Hampshire3
New Jersey20
New Mexico2
Nevada2
New York74
Ohio19
Oklahoma9
Oregon4
Pennsylvania15
Rhode Island7
South Carolina6
South Dakota2
Tennessee9
Texas32
Utah3
Virginia22
Vermont3
Washington6
Wisconsin22
West Virginia1
Wyoming1
International1
Total624

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