Washington Roundtable

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The Roundtable works to effect positive change on public policy issues that are most important to supporting state economic vitality and fostering opportunity for washingtonians.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 61 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $93K a year · 5% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$1.5M
to officers and key staff · 66% of spending
Concern: pay to officers and key staff is 66% of spending; over 30%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$197K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
61
of 61 voting members
Looks good: 61 of 61 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
+51% vs prior year
Spent
$2.3M
Net assets
$943K
By yearFY2020–FY2025
Revenue
$2.6M
FY2025▲ +51%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$1.6M
FY2022$1.7M
FY2023$1.7M
FY2024$1.7M
FY2025$2.6M
Expenses
$2.3M
FY2025▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.5M
FY2022$1.6M
FY2023$1.6M
FY2024$1.8M
FY2025$2.3M
Net assets
$943K
FY2025▲ +40%
Tap a bar for its year
Net assets by fiscal year
FY2020$511K
FY2021$564K
FY2022$688K
FY2023$807K
FY2024$673K
FY2025$943K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

68 people listed on the 990; $1.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
President (jan-Sept)
$466,273Pt VII · Sec A
Vice President, Communications
$239,215Pt VII · Sec A
Vice President
$219,391Pt VII · Sec A
Policy Director
$159,888Pt VII · Sec A
Industry Engagement Director
$152,871Pt VII · Sec A
President (oct-Current)
$143,125Pt VII · Sec A
Communications Director
$131,220Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mr Stephen Mullin$466,273$508,422$502,328$416,901$382,151$377,531
Sara Garrettson$239,215$213,170$207,738$194,237$194,162$189,641
Neil Strege$219,391$213,337$207,901$194,398$172,610$166,732
Brian Jeffries$159,888$154,989$150,033$142,570$142,097$137,031
Ingrid Stegemoeller$152,871$149,091$145,948$131,774$102,085$110,832
Ms Rachel Smith$143,125—————
Rita Walker$131,220—————
Kim Martinez—$108,167$107,122$100,684——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Researches, communicates, and advocates for public policy issues in Washington State.

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3 programs · in their own filed words · FY2025
01

Worked to support progress toward our goal that 70% of washington students - overall and across all racial and ethnic communities - complete the postsecondary credentials needed to support economic mobility.

Pt IX · col B
02

Worked to promote public infrastructure investments, housing affordability, and sound climate policies that are critical to supporting economic vitality and the well-being of all washingtonians.

Pt IX · col B
03

Worked to support sustainable state fiscal policies and diverse, inclusive economic growth.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Fees for servicesLn 2g$1.9M
Gifts and grantsLn 1h$660K
Investment incomeLn 3$42K
Money outPt IX
$2.3M
Ln 25
Owns and owesPt X
$943K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$197K
PeoplePt VI, VII
68
listed · VII A
PaidVII A7
Voting boardVI 1a61
IndependentVI 1b61
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$660K
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$42K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$871K
SavingsLn 2$253K
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$5K
Other assetsLn 15$3K
Total assetsLn 16$1.1M
LiabilitiesLn 26$197K
Net assetsLn 32$943K
OperationsPt I, VI
EmployeesI 58
VolunteersI 661
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$770K$1.1M
Land, buildings, equipmentLn 10c$4K$5K
Total assetsLn 16$803K$1.1M
LiabilitiesLn 26$130K$197K
Net assetsLn 32$673K$943K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$675K
Other salaries and wagesLn 7$511K
Pension plan contributionsLn 8$48K
Other employee benefitsLn 9$8K
Payroll taxesLn 10$71K
Legal feesLn 11b$34K
Accounting feesLn 11c$8K
Office expensesLn 13$34K
Information technologyLn 14$18K
OccupancyLn 16$34K
TravelLn 17$65K
Conferences, conventions and meetingsLn 19$109K
Depreciation, depletion and amortizationLn 22$3K
InsuranceLn 23$17K
Other expenses (24a–d)Ln 24$663K
Total functional expensesLn 25$2.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.6M$2.3M$270K$943K 990 PDF
FY2024 $1.7M$1.8M−$133K$673K 990 PDF
FY2023 $1.7M$1.6M$119K$807K 990 PDF
FY2022 $1.7M$1.6M$123K$688K 990 PDF
FY2021 $1.6M$1.5M$53K$564K 990 PDF
FY2020 $1.7M$1.6M$127K$511K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $2,568,818 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$660,000
I-9 Program service revenuePrior year $1,691,835$1,866,473
I-10 Investment incomePrior year $8,991$42,345
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,700,826$2,568,818
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,111,622$1,312,905
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $722,348$985,848
I-18 Total expensesPrior year $1,833,970$2,298,753
I-19 Revenue less expensesPrior year −$133,144$270,065
Part VI · Governance 61 of 61 board members independent, 2 to look at
VI-1a Voting members of the governing body61
VI-1b Independent voting members61
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,568,818 across 5 lines filed
VIII-1f All other contributions, gifts and grants$660,000
VIII-1h Total contributions, gifts and grants$660,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,866,473$1,866,473
VIII-3 Investment incomeExcluded from tax $42,345$42,345
VIII-12 Total revenueRelated to mission $1,866,473 · Unrelated business $0 · Excluded from tax $42,345$2,568,818
Part IX · Statement of functional expenses $2,298,753 across 15 lines filed
IX-5 Pay of current officers, directors and key staff$674,972
IX-7 Other salaries and wages$510,794
IX-8 Pension plan contributions$48,201
IX-9 Other employee benefits$8,180
IX-10 Payroll taxes$70,758
IX-11b Legal fees$34,015
IX-11c Accounting fees$7,649
IX-13 Office expenses$34,345
IX-14 Information technology$18,230
IX-16 Occupancy$33,529
IX-17 Travel$65,459
IX-19 Conferences, conventions and meetings$109,062
IX-22 Depreciation, depletion and amortization$2,662
IX-23 Insurance$17,469
IX-24 Other expenses (24a–d)$663,428
IX-25 Total functional expenses$2,298,753
Part X · Balance sheet $1,140,918 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $142,090$870,764
X-2 Savings and temporary cash investmentsStart of year $627,652$252,659
X-3 Pledges and grants receivableStart of year $18,051$1,701
X-9 Prepaid expenses and deferred chargesStart of year $7,633$7,633
X-10c Land, buildings and equipment, netStart of year $4,392$4,723
X-15 Other assetsStart of year $3,438$3,438
X-16 Total assetsStart of year $803,256$1,140,918
X-17 Accounts payable and accrued expensesStart of year $129,868$137,334
X-19 Deferred revenueStart of year $0$60,131
X-26 Total liabilitiesStart of year $129,868$197,465
X-27 Net assets without donor restrictionsStart of year $673,388$943,453
X-32 Total net assets or fund balancesStart of year $673,388$943,453
X-33 Total liabilities and net assetsStart of year $803,256$1,140,918
Part XI · Reconciliation of net assets $943,453 net assets at year end
XI-1 Total revenue$2,568,818
XI-2 Total expenses$2,298,753
XI-3 Revenue less expenses$270,065
XI-4 Net assets at start of year$673,388
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$943,453

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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