Cascade Loop Association EIN 91-1174571 Form 990 (PDF) Claim this org

Cascade Loop Association FY2024 filing

Not yet claimed Claim this org →

Promotes tourism and businesses along Washington's North Cascade Highway through brochures and advertising. For fiscal year 2024 it reported $248K in revenue, $246K in expenses, and $317K in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
Wenatchee, WA
Filings
6 on file (2020–2024)
Revenue
$248KFY2024
Expenses
$246K
Net assets
$317K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  91-1174571 Business league / trade association Wenatchee, WA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Cascade Loop Association claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Promotes tourism and businesses along Washington's North Cascade Highway through brochures and advertising.
Leadership
Veronica Freund · Executive Director · $76K
Money in and out
$248K revenue, $246K expenses
Bottom line
+1% operating surplus
Membership & operating revenue · FY2024
Total revenue
$248K
Pt VIII · Ln 12
Total expenses
$246K
Pt IX · Ln 25
Net assets
$317K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Operating surplus
+1%
revenue over expenses
Earned revenue
97%
of revenue from program services & dues
Payroll share
33%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$248K
FY2024▼ -7%
Expenses
$246K
FY2024▼ -13%
Total assets
$322K
FY2024▲ +2%
Total liabilities
$5K
FY2024▲ +154%
Total revenue
$248K
Pt VIII · Ln 12
Total expenses
$246K
Pt IX · Ln 25
Net assets
$317K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$322K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCascade Loop Association
EINHdr · item D91-1174571
Principal addressHdr · item CWenatchee, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$75,932Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Veronica Freund$75,932$77,022$77,382$20,571
Annette Pitts$61,995$68,780
Michelle Glass$56,935

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.

See Cascade Loop Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

To promote tourism and individual businesses along the north cascadehighway in the state of washington.

Pt IX · col B

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$241K · 97%
Investment income$7K · 3%
Program service revenue97%$241K
Investment income3%$7K
Total revenueLn 12$248K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$214K
Management & general13%$32K
Total functional expensesLn 25$246K

Balance Sheet

Part X · end of year
CashLn 1$301K
Total assetsLn 16$322K
Total liabilitiesLn 26$5K
Total net assetsLn 32$317K
Months of cash on handcomputed14.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $301K · Operating expenses/yr $246K
14.7 months
Where the money goes
Program services
Program services $214K · Total expenses $246K
87%
Management & General
Management & general $32K · Total expenses $246K
13%
Fundraising
Fundraising $0 · Total expenses $246K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $248K
0%
Government reliance
Government grants — · Total revenue $248K
Earned-income share
Program service revenue $241K · Total revenue $248K
97%
Investment reliance
Investment income $7K · Total revenue $248K
+3%
Program self-sufficiency
Program service revenue $241K · Total expenses $246K
98%
Growth & trend
Revenue growth (YoY)
This year $248K · Prior year $267K
-7%
Revenue CAGR
FY2019 $320K · FY2024 $248K
-5%
Net-asset trend (YoY)
End of year $317K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $248K · Expenses $246K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $322K
Net-asset ratio
Net assets $317K · Total assets $322K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $322K
0%
People & payroll
Highest Reported Total Compensation
Individual Veronica Freund · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $76K · Total expenses $246K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $246K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Revenue growth -7%

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.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$0 revenue · ⤓ 990 PDF
FY2024$267K revenue · ⤓ 990 PDF
FY2023$265K revenue · ⤓ 990 PDF
FY2022$317K revenue · ⤓ 990 PDF
FY2021$315K revenue · ⤓ 990 PDF
FY2020$320K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.