Greater Kitsap Chamber

Not tax-deductible

Silverdale, WA501(c)(6)Community DevelopmentEIN 92-2584702Revenue $523K in FY2024

On file with the IRSgreaterkitsapchamber.comPo Box 1218, 98383-1218 · Silverdale, WATax-exempt since May 2025

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To create economic opportunity for all in Kitsap county through business advocacy, workforce education, and collaboration.

$158K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $66K a year · 13% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Pay to officers and key staff
$158K
to officers and key staff · 28% of spending
Top officer’s pay higher than 59% of similar orgs
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$45K
72% of total assets
Worth a look: liabilities are 72% of assets; over 65%.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$523K
-33% vs prior year
Spent
$557K
Net assets
$18K
By yearFY2022–FY2024
Revenue
$523K
FY2024▼ -33%
Tap a bar for its year
Revenue by fiscal year
FY2022$223K
FY2023$774K
FY2024$523K
Expenses
$557K
FY2024▼ -33%
Tap a bar for its year
Expenses by fiscal year
FY2022$333K
FY2023$828K
FY2024$557K
Net assets
$18K
FY2024▼ -74%
Tap a bar for its year
Net assets by fiscal year
FY2022$91K
FY2023$67K
FY2024$18K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2025.

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

Who runs it and what they're paid

21 people listed on the 990; $158K paid to officers and key staff.

Part VII, Section A · reportable compensation
$83,051Pt VII · Sec A
President/ CEO
$74,507Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair-Elect
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

David Emmons’s $83K as CEO is at the 59th percentile of top reported officer pay among 1709 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
David Emmons$83,051$87,427$45,946
Irene Moyer$74,507$74,700—

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 Greater Kitsap Chamber executive salaries →

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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 15aNo

Programs and updates

Fosters economic growth in Kitsap County via business support, job training, and partnerships.

Questions for Greater Kitsap Chamber

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Provided by the organization

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1 program · in their own filed words · FY2024
01

Provide outstanding assistance, community development, membership services and networking opportunities in partnership with area businesses, professionals, community groups, and the military.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 17 grants · $164K · 2023–2024
Sagacity Media INCFY2024$13,228
Individual RecipientFY2024$9,500
Individual RecipientFY2024$9,158
Individual RecipientFY2024$5,908
Individual RecipientFY2024$5,720
Individual RecipientFY2023$11,508
Individual RecipientFY2023$10,675
Individual RecipientFY2023$10,515
Individual RecipientFY2023$10,000
Individual RecipientFY2023$10,000
Individual RecipientFY2023$10,000
Kitsap History MuseumFY2023$10,000
Individual RecipientFY2023$10,000
Individual RecipientFY2023$10,000
The Bridgeford Insurance TeamFY2023$9,963
Spark Commons CoworkingFY2023$9,930
The Roxy TheaterMT · FY2023$8,166

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$523K
Ln 12
Gifts and grantsLn 1h$469K
Other incomeLn 4–11$53K
Investment incomeLn 3$1K
Money outPt IX
$557K
Ln 25
Owns and owesPt X
$18K
net assets · Ln 32
Cash and savingsLn 1–2$14K
Total assetsLn 16$63K
LiabilitiesLn 26$45K
PeoplePt VI, VII
21
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$469K
Government grantsLn 1e$12K
Investment incomeLn 3$1K
Other incomeLn 4–11$53K
Gains on assetsLn 7$712
Total revenueLn 12$523K
Assets in detailPt X, end of year
CashLn 1$14K
Cash and savings togetherLn 1–2$14K
InvestmentsLn 11–13$10K
Total assetsLn 16$63K
LiabilitiesLn 26$45K
Net assetsLn 32$18K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$12K$14K
InvestmentsLn 11–13$11K$10K
Total assetsLn 16$87K$63K
LiabilitiesLn 26$20K$45K
Net assetsLn 32$67K$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$111K
Pay of current officers, directors and key staffLn 5$164K
Other salaries and wagesLn 7$49K
Payroll taxesLn 10$28K
Accounting feesLn 11c$28K
Advertising and promotionLn 12$48K
Office expensesLn 13$20K
Information technologyLn 14$6K
OccupancyLn 16$45K
TravelLn 17$81
Conferences, conventions and meetingsLn 19$15K
InterestLn 20$1K
Other expenses (24a–d)Ln 24$33K
All other expensesLn 24e$8K
Total functional expensesLn 25$557K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $523K$557K−$34K$18K 990 PDF
FY2023 $774K$828K−$54K$67K 990 PDF
FY2022 $223K$333K−$110K$91K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $522,710 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $714,083$468,687
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $110$1,036
I-11 Other revenuePrior year $60,234$52,987
I-12 Total revenuePrior year $774,427$522,710
I-13 Grants and similar amounts paidPrior year $195,781$111,251
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $257,684$240,909
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $374,903$204,847
I-18 Total expensesPrior year $828,368$557,007
I-19 Revenue less expensesPrior year −$53,941−$34,297
Part VI · Governance 18 of 18 board members independent, 4 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $522,710 across 8 lines filed
VIII-1b Membership dues$125,108
VIII-1e Government grants$11,715
VIII-1f All other contributions, gifts and grants$331,864
VIII-1h Total contributions, gifts and grants$468,687
VIII-3 Investment incomeExcluded from tax $324$324
VIII-7 Net gain or loss on sales of assetsExcluded from tax $712$712
VIII-8 Net income from fundraising eventsExcluded from tax $52,987$52,987
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $54,023$522,710
Part IX · Statement of functional expenses $557,007 across 14 lines filed
IX-1 Grants to domestic organizations$111,251
IX-5 Pay of current officers, directors and key staff$164,110
IX-7 Other salaries and wages$49,173
IX-10 Payroll taxes$27,626
IX-11c Accounting fees$28,490
IX-12 Advertising and promotion$48,374
IX-13 Office expenses$20,012
IX-14 Information technology$6,461
IX-16 Occupancy$44,538
IX-17 Travel$81
IX-19 Conferences, conventions and meetings$15,453
IX-20 Interest$1,171
IX-24 Other expenses (24a–d)$32,766
IX-24e All other expenses$7,501
IX-25 Total functional expenses$557,007
Part X · Balance sheet $62,828 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $12,271$13,772
X-4 Accounts receivableStart of year $64,158$38,233
X-9 Prepaid expenses and deferred charges$900
X-11 Publicly traded securitiesStart of year $7,747$8,352
X-12 Other securitiesStart of year $2,898$1,571
X-16 Total assetsStart of year $87,074$62,828
X-17 Accounts payable and accrued expensesStart of year $7,233$40,002
X-25 Other liabilitiesStart of year $12,365$5,094
X-26 Total liabilitiesStart of year $19,598$45,096
X-27 Net assets without donor restrictionsStart of year $67,476$6,483
X-28 Net assets with donor restrictions$11,249
X-32 Total net assets or fund balancesStart of year $67,476$17,732
X-33 Total liabilities and net assetsStart of year $87,074$62,828
Part XI · Reconciliation of net assets $17,732 net assets at year end
XI-1 Total revenue$522,710
XI-2 Total expenses$557,007
XI-3 Revenue less expenses−$34,297
XI-4 Net assets at start of year$67,476
XI-5 Net unrealized gains (losses) on investments$362
XI-8 Prior period adjustments−$15,809
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,732

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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