Overview
What is Association Of Washington Business?
The Association of Washington Business (AWB) is a nonprofit organization based in Olympia, Washington. With a team of 41 employees, they are dedicated to advocating for the interests of businesses, trade, and commerce in Washington State. AWB offers essential services to its members, such as advocacy in government regulation, the largest association health plan, 401(K) plans, and a ComPwise Retroactive Rating Program. This program enables safe employers to recover up to 40% of their annual workers' compensation premiums paid to the state. By combining these efforts with their advocacy on behalf of the business community, as directed by the AWB board, they aim to make Washington State an optimal location for businesses to thrive.
Official website here: www.awb.org
What are the reviews and ratings of this charity?
The Association Of Washington Business does not currently have a rating on Charity Navigator. This absence of a rating does not inherently imply a positive or negative evaluation. Ratings typically incorporate a variety of factors, including Accountability & Finance and Impact & Measurement, but the absence of these beacons renders the Association unrated at present.
Furthermore, it appears that Charity Navigator lacks revenue, expense, and key personnel salary data for the organization. The Association Of Washington Business is structured independently and is not a 501(c)(3) IRS registered nonprofit, which affects its eligibility for certain evaluations like Accountability & Finance and Impact & Measurement by Charity Navigator's methodologies.
Unfortunately, there are no user reviews available on GreatNonprofits to complement the analysis. Without user feedback, it is challenging to provide insights into public opinion or experiences with the organization. The limited data restricts a comprehensive understanding of the Association's operational effectiveness or community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Association Of Washington Business legitimate?
Association Of Washington Business is a legitimate nonprofit organization registered as a 501(c)(6) entity. Association Of Washington Business 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: $1,482,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,598,487
For more financial information, click here
Official website here: www.awb.org
What is the mission statement of Association Of Washington Business?
The Association of Washington Business (AWB) serves as the catalytic leader and unifying voice for economic prosperity in Washington State. Its mission is to enable its members, their employees, and all citizens to thrive by providing essential advocacy services. AWB holds the line on government regulation, offering the largest association health plan, 401(K) plans, and the Compliance Retroactive Rating Program, which allows safe employers to recover up to 40% of their annual workers' compensation premiums. Through these efforts and its advocacy on behalf of the business community as directed by the AWB board, the organization works towards making Washington State an attractive location for businesses to grow.
Official website here: www.awb.org
Who is the CEO of Association Of Washington Business?
Kris Johnson is the Board Member of Association Of Washington Business. The CEO's salary of Association Of Washington Business is $569,591 and their total compensation is $608,591.
Official website here: www.awb.org
What is the revenue of Association Of Washington Business?
Association Of Washington Business's revenue in 2022 was $11,966,956.
Official website here: www.awb.org
Who are the executives of Association Of Washington Business and what are their salaries?
The average compensation at Association Of Washington Business during 2022 was $99,544. There are 41 employees and 122 volunteers at Association Of Washington Business.
Here are 137 key members and their salaries (Association Of Washington Business's CEO's salary is $569,591 and their total compensation is $608,591):
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Official website here: www.awb.org
Where can I find the form 990 for Association Of Washington Business?
Association Of Washington Business's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.awb.org
Learn more at the official website: www.awb.org
Mission Statement of Association Of Washington Business
The Association of Washington Business (AWB) is a catalytic leader and unifying voice for economic prosperity in Washington State. In simple terms, AWB advocates for the interests of businesses, trade, and commerce throughout the state. With a mission to enable members, their employees, and all citizens to prosper, AWB provides crucial services to its members, including advocacy efforts to hold the line on government regulation.
AWB's activities are geared towards making Washington State an attractive place for businesses to locate and grow. The organization's primary focus is on advocacy, providing a powerful voice for the business community as directed by the AWB Board. Among the various services offered, AWB boasts the largest association health plan in the state, offering affordable healthcare solutions to its members. Furthermore, AWB provides 401(k) plans to help businesses save for their employees' retirement.
In addition to these benefits, AWB's unique Composite Retroactive Rating (COMPWISE) program allows safe employers to recoup up to 40% of their annual workers' compensation premiums paid to the state. This innovative program is designed to reward employers with excellent safety records and helps reduce the overall cost of doing business in Washington State. The various initiatives and services offered by AWB are all aimed at fostering a business-friendly environment and promoting economic prosperity throughout Washington State.
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Impact
October, 2024
The Association of Washington Business plays a crucial role in advancing the interests of businesses across Washington State. It focuses on fostering a favorable environment for trade and commerce, which significantly contributes to the state's economic prosperity.
By advocating against excessive government regulation, the organization ensures that businesses can operate more effectively and competitively. Its efforts to offer the largest association health plan and 401(K) plans help members support their employees while enhancing recruitment and retention efforts. Additionally, through the CompWise Retrospective Rating Program, the Association allows safe employers to recoup up to 40% of their annual workers' compensation premiums, promoting workplace safety and financial efficiency.
Beyond these services, the Association's leadership as a unifying voice for the business community enables collaboration among various sectors, which is vital for economic growth. By championing policies and initiatives that benefit the business landscape, the Association of Washington Business is instrumental in making Washington State a more attractive place for businesses to establish and expand. Their comprehensive approach not only supports individual businesses but also contributes to the overall economic health of the region, benefiting all citizens in the community.
This information is meant to be a general summary of Association Of Washington Business. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,246,827
- Program Service Revenue: $8,625,286
- Gross Receipts: $11,966,956
Assets and Liabilities:
- Total Assets: $40,892,318
- Total Liabilities: $15,295,588
- Net Assets: $25,596,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$4,022,908
MEMBER SERVICES - RETRO
Revenue
$3,205,008
MEETINGS AND SEMINARS
Revenue
$978,806
FORTERRA REIMBURSED EXPENSES
Revenue
$271,966
INSTITUTE REIMBURSED EXPENSES
Revenue
$120,000
Organization Details
Founding Year
1904
Phone
(360) 943-1600Principal Officer
Kris Johnson
Main Address
PO BOX 658, OLYMPIA, WA, 98507
Website
www.awb.orgNTEE Category
Code: S41 - Community improvement
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