Central Area Collaborative
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Promote business growth and economic health in the Central Area. For fiscal year 2024 it reported $442K in revenue, $436K in expenses, and $129K in net assets.Pt I
Summary of the Filing
Where the work happens
The Only in Seattle Initiative supports community-driven economic development projects focusing on racial equity and social justice. The CAC OIS initiative supports activities such as: Organizational Development (OD) improves organizations through planned change in processes, people, and structures.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Dennis Comer’s $77K as Executive Director is at the 54th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Dennis Comer | $77,218 | $103,916 |
| Leon Garnett | $23,465 | — |
| Heyward Watson | $20,790 | — |
| Tiffany Kelly-Gray | $3,600 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 17% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 27% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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