Skip to main content

Nonprofit · EIN 91-1034563

MAGNOLIA CHAMBER OF COMMERCE

Tax-exempt · SEATTLE, WA 98199

Financials

$492K$456K2023$708K$640K2024
Revenue Expenses · by fiscal year end
Financials of MAGNOLIA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$707,622$639,535$68,087$266,070$4,565$261,505
December 31, 2023990$492,428$455,900$36,528$202,057$8,639$193,418
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$341,216
Membership dues
$104,865
Program service revenue
$362,170
Investment income
$4,236
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$88,264
Salaries, compensation and benefits (total)
$95,080
Professional fundraising fees
$0
Accounting fees
$13,189
Travel
$12,227
Program services (functional)
$612,729
Management and general (functional)
$26,806

Balance sheet and other

Total assets, start of year
$202,057
Total assets, end of year
$266,070
Total liabilities, end of year
$4,565
Net assets, end of year
$261,505
Net assets without donor restrictions
$68,087
Net assets with donor restrictions
$193,418
Gross receipts
$707,622
Employees
1
Volunteers
26
Year formed
1951
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Jason ThibeauxExecutive Director
Key employee
40$88,264
Ann GoosPresident
Trustee or director, Officer
15$0
Colleen CookVice President
Trustee or director, Officer
5$0
Joan EnticknapTreasurer
Trustee or director, Officer
8$0
Taylor SchmidtSecretary
Trustee or director, Officer
3$0
Cheryl McQuistonMBC Chair
Trustee or director
10$0
Kathie ClaypoolEvent Chair
Trustee or director
5$0
Elizabeth ScottMarcom Chair
Trustee or director
3$0
Melanie AudetteMembership Chair
Trustee or director
3$0
Bill AgeeBoard Member
Trustee or director
3$0
David McDonaldBoard Member
Trustee or director
1$0
Rory O'SullivanBoard Member
Trustee or director
2$0
Dani McDonoughBoard Member
Trustee or director
5$0
Deb BluesteinBoard Member
Trustee or director
3$0
Dave GoodellBoard Member
Trustee or director
3$0
3 more people on this return
NameTitleHours / weekCompensation
Emily LauBoard Member
Trustee or director
2$0
Mike AllenBoard Member
Trustee or director
2$0
Stephen FaciszewskiBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
Jason ThibeauxExecutive Director
Key employee
25$67,747
Tom PowellPresident
Trustee or director, Officer
10$0
Ann GoosVice President
Trustee or director, Officer
25$0
Joan EnticknapTreasurer
Trustee or director, Officer
25$0
Taylor SchmidtSecretary
Trustee or director, Officer
4$0
Cheryl McQuistonBoard Member
Trustee or director
20$0
David McDonaldBoard Member
Trustee or director
4$0
Colleen CookBoard Member
Trustee or director
5$0
Chris LipscombBoard Member
Trustee or director
1$0
Elizabeth ScottBoard Member
Trustee or director
18$0
Kathie ClaypoolBoard Member
Trustee or director
12$0
Rory O'SullivanBoard Member
Trustee or director
4$0
Dani McDonoughBoard Member
Trustee or director
5$0
Deb BluesteinBoard Member
Trustee or director
5$0
Daniela EngFormer President
Former
5$0
Melanie AudetteBoard Member
Trustee or director
2$0
Stephen FaciszewskiBoard Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
3213 W WHEELER ST 42, SEATTLE, WA 98199-3245
Principal officer (990 for 2024)
Joan Enticknap, 3213 W Wheeler Street, Seattle, WA 98199
Signed the 990
Joan Enticknap, Treasurer
Phone
(206) 284-5836
Return prepared by
Accman Inc

Mission

The Magnolia Chamber of Commerce adds to the vibrancy of the community by fostering connections between Magnolias businesses, residents, and community groups.

990 for the year ended December 31, 2024

Program accomplishments

  • Community engagement events.
    Expenses $612,729 · revenue $362,170

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1034563
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$266,070
Income (IRS master file)
$707,622

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$707,622$639,535$266,070XML
990December 2023$492,428$455,900$202,057XML
990December 2022$381,406$331,269$159,534IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1034563).

Questions about MAGNOLIA CHAMBER OF COMMERCE

What is the EIN of MAGNOLIA CHAMBER OF COMMERCE?
The employer identification number (EIN) of MAGNOLIA CHAMBER OF COMMERCE is 91-1034563.
Is MAGNOLIA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1978.
Are donations to MAGNOLIA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MAGNOLIA CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAGNOLIA CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAGNOLIA CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MAGNOLIA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names Joan Enticknap.
Who are the officers and directors of MAGNOLIA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $88,264 (Jason Thibeaux, Executive Director).
How much revenue does MAGNOLIA CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $707,622, expenses of $639,535 and total assets of $266,070 at year end.

Other nonprofits in SEATTLE

All nonprofits in SEATTLE · Washington