Tri City Regional Chamber Ofcommerce
Tri City Regional Chamber Ofcommerce shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 204120487 · Kennewick, WA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Tri City Regional Chamber Ofcommerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tri City Regional Chamber Ofcommerce directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tri City Regional Chamber Ofcommerce
Tri City Regional Chamber Ofcommerce (EIN: 204120487) is a nonprofit organization based in Kennewick, WA, classified under NTEE code S41. The organization reported total revenue of $1.2M and total assets of $859K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri City Regional Chamber Ofcommerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri City Regional Chamber Ofcommerce is a mid-size nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$401K |
| Total Assets | $1.1M |
| Total Liabilities | $60K |
| Net Assets | $1.0M |
| Operating Margin | 22.6% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Tri City Regional Chamber Ofcommerce reported a surplus of $401K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Tri City Regional Chamber Ofcommerce's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.5% | +16.9% | +65.7% |
| 2022 | +16.9% | +20.9% | -2.6% |
| 2021 | -40.2% | -37.6% | +20.0% |
| 2020 | +43.3% | +30.3% | +31.4% |
| 2019 | -5.0% | -7.8% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tri City Regional Chamber Ofcommerce with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Tri City Regional Chamber Ofcommerce allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $401K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that the organization's leadership may be entirely volunteer-based or compensated through non-officer roles, which is unusual for an organization with over $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Tri City Regional Chamber Ofcommerce's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising)
- Unclear executive compensation structure given 0% reported officer comp for an organization of this size
Strengths
The following positive indicators were identified for Tri City Regional Chamber Ofcommerce:
- Consistent revenue growth, with 2023 revenue at $1,774,069, up from $1,211,055 in 2022.
- Healthy asset growth, reaching $1,084,147 in 2023 from $654,242 in 2022.
- Positive net income in most recent years, indicating financial stability (e.g., $400,933 surplus in 2023).
- Low liabilities relative to assets (e.g., $59,959 liabilities vs. $1,084,147 assets in 2023).
- Consistent IRS 990 filing history, demonstrating compliance and transparency.
Frequently Asked Questions about Tri City Regional Chamber Ofcommerce
Is Tri City Regional Chamber Ofcommerce a legitimate charity?
Tri City Regional Chamber Ofcommerce (EIN: 204120487) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Tri City Regional Chamber Ofcommerce spend its money?
Tri City Regional Chamber Ofcommerce directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tri City Regional Chamber Ofcommerce tax-deductible?
Tri City Regional Chamber Ofcommerce is registered as a tax-exempt nonprofit (EIN: 204120487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tri City Regional Chamber Ofcommerce CEO make?
Tri City Regional Chamber Ofcommerce's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tri City Regional Chamber Ofcommerce's spending goes to programs?
Tri City Regional Chamber Ofcommerce directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tri City Regional Chamber Ofcommerce compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tri City Regional Chamber Ofcommerce is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tri City Regional Chamber Ofcommerce located?
Tri City Regional Chamber Ofcommerce is headquartered in Kennewick, Washington and files with the IRS under EIN 204120487. It is classified under NTEE code S41.
How many years of IRS 990 filings does Tri City Regional Chamber Ofcommerce have?
Tri City Regional Chamber Ofcommerce has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
How does Tri City Regional Chamber Ofcommerce allocate its expenses between program services, administration, and fundraising?
The provided data does not offer a detailed breakdown of expenses. While total expenses are available (e.g., $1,373,136 in 2023), the specific allocation to programs, administration, and fundraising is not itemized, making it difficult to precisely determine spending efficiency in these areas.
Why is officer compensation consistently reported as zero across all filings?
The consistent reporting of 0% officer compensation suggests that the organization's top leadership may be entirely volunteer, or their compensation is structured in a way that it is not reported under 'Officer Comp' on the IRS Form 990, such as through a management company or as general employee salaries.
What is the organization's strategy for managing its growing assets?
With assets growing from $425,953 in 2019 to $1,084,147 in 2023, the organization is accumulating significant reserves. The specific strategy for managing these assets (e.g., investments, capital projects, endowment building) is not detailed in the provided financial summary.
Filing History
IRS 990 filing history for Tri City Regional Chamber Ofcommerce showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Tri City Regional Chamber Ofcommerce's revenue has grown by 105.8%, moving from $862K to $1.8M. Total assets increased by 153.9% over the same period, from $427K to $1.1M. Total functional expenses rose by 65.6%, from $829K to $1.4M. In its most recent filing year (2023), Tri City Regional Chamber Ofcommerce reported a surplus of $401K, with revenue exceeding expenses. The organization holds $60K in liabilities against $1.1M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.4M | $1.1M | $60K | — | — |
| 2022 | $1.2M | $1.2M | $654K | $31K | — | View 990 |
| 2021 | $1.0M | $972K | $672K | $84K | — | View 990 |
| 2020 | $1.7M | $1.6M | $560K | $73K | — | View 990 |
| 2019 | $1.2M | $1.2M | $426K | $114K | — | — |
| 2018 | $1.3M | $1.3M | $419K | $120K | — | View 990 |
| 2017 | $1.1M | $1.2M | $364K | $135K | — | View 990 |
| 2016 | $771K | $775K | $411K | $85K | — | View 990 |
| 2015 | $843K | $923K | $380K | $49K | — | View 990 |
| 2014 | $0 | $102K | $14K | $0 | — | View 990 |
| 2013 | $862K | $829K | $427K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.4M, and assets of $1.1M (revenue +46.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $654K (revenue +16.9% year-over-year).
- 2021: Revenue of $1.0M, expenses of $972K, and assets of $672K (revenue -40.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $560K (revenue +43.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $426K (revenue -5.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $419K (revenue +11.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $364K (revenue +47.6% year-over-year).
- 2016: Revenue of $771K, expenses of $775K, and assets of $411K (revenue -8.6% year-over-year).
- 2015: Revenue of $843K, expenses of $923K, and assets of $380K.
- 2014: Revenue of $0, expenses of $102K, and assets of $14K (revenue -100.0% year-over-year).
- 2013: Revenue of $862K, expenses of $829K, and assets of $427K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri City Regional Chamber Ofcommerce:
Data Sources and Methodology
This transparency report for Tri City Regional Chamber Ofcommerce is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.