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Beacon Hill Merchants Association

Beacon Business Alliance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450844084 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Beacon Hill Merchants Association?

The Beacon Hill Merchants Association, known as Beacon Business Alliance, is a nonprofit organization situated in Seattle, Washington. Their primary objective is to foster equitable economic development within their community. They achieve this goal by engaging with the local population, organizing events, advocating for relevant causes, networking, and collaborating with other organizations. To provide comprehensive support, they offer direct outreach services via various channels, such as in-person meetings, phone calls, text messages, emails, and workshops, both in person and virtually. They also utilize social media to communicate with their members. By assessing the needs of the business community, they facilitate access to necessary resources, thereby strengthening their capacity and ensuring the thriving success of local businesses.


Official website here: www.beaconbusinessalliance.org

Is Beacon Hill Merchants Association legitimate?

Beacon Hill Merchants Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Hill Merchants Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $86,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.beaconbusinessalliance.org

What is the mission statement of Beacon Hill Merchants Association?

The Beacon Hill Merchants Association's mission is centered around promoting equitable economic development within a neighborhood. This is achieved through various means, including community engagement, organizing events, advocating for business needs, networking, and collaborating with other organizations. Their primary goal is to ensure all businesses in the area have access to necessary information and resources, which they accomplish through direct outreach and various workshops. They also assess the community's needs and facilitate access to these resources. The association continually builds capacity by collaborating with their partners to provide comprehensive support.


Official website here: www.beaconbusinessalliance.org

Who is the CEO of Beacon Hill Merchants Association?

M Angela Castaneda is the Director of Beacon Hill Merchants Association.


Official website here: www.beaconbusinessalliance.org

What is the revenue of Beacon Hill Merchants Association?

Beacon Hill Merchants Association's revenue in 2022 was $340,685.


Official website here: www.beaconbusinessalliance.org

Who are the executives of Beacon Hill Merchants Association and what are their salaries?

There 15 volunteers at Beacon Hill Merchants Association.


Here are 10 key members and their salaries:


M Angela Castaneda (Director)
  • Compensation: $85,650
  • Related: $0
  • Other: $0
Joanne Cha (Trustee)
  • Compensation: $1,033
  • Related: $0
  • Other: $0
Kelly Sommerfeld (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hinrix (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Charles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Maestas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Paulsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Kim (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Knowles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Cheatham Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.beaconbusinessalliance.org

Where can I find the form 990 for Beacon Hill Merchants Association?

Beacon Hill Merchants Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.beaconbusinessalliance.org

Learn more at the official website: www.beaconbusinessalliance.org

Mission Statement of Beacon Hill Merchants Association

The Beacon Hill Merchants Association is dedicated to fostering equitable economic development in its community. They achieve this goal through various means, including community engagement, organizing, advocacy, networking, and collaboration. This nonprofit organization's primary focus is on ensuring that all businesses in the area have access to essential information and technical assistance. They accomplish this by conducting direct outreach via multiple channels such as in-person meetings, phone calls, text messages, emails, and group and virtual workshops. Additionally, they assess the needs of the business community and facilitate access to the necessary resources. The Beacon Hill Merchants Association also builds capacity through collaborative efforts with their organizational partners to provide comprehensive support to the local businesses.

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Impact




October, 2024

The Beacon Hill Merchants Association plays a pivotal role in fostering equitable economic development in the Beacon Hill neighborhood. By prioritizing community engagement, organizing, advocacy, networking, and collaboration, the association serves as a bridge between local stakeholders and the city government.

In 2019, it effectively connected over 1,000 neighborhood stakeholders with crucial city policies and communications, ensuring that community voices were heard and represented. The association enhances the local economy through its various events, services, and programmatic activities, ultimately contributing to a vibrant and thriving community. Its commitment to community improvement not only supports local businesses but also strengthens the fabric of the Beacon Hill neighborhood, making it a more interconnected and prosperous area for all residents.




This information is meant to be a general summary of Beacon Hill Merchants Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$340,685 (2022)
Expenses
$225,917 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $186
  • Program Service Revenue: $10,403
  • Gross Receipts: $340,685

Assets and Liabilities:

  • Total Assets: $147,106
  • Total Liabilities: $0
  • Net Assets: $147,106

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT SERVICE FEES

Revenue

$10,403

Organization Details

Founding Year

2011

Principal Officer

M Angela Castaneda

Main Address

PO BOX 14059, Seattle, WA, 98114

NTEE Category

Code: S20 - Community improvement

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