Merchants Exchange FY2021 filing

Not tax-deductible

Portland, OR501(c)(6)EIN 93-0224840Revenue $2.3M in FY2021

On file with the IRSpdxmex.com200 Sw Market St Ste L190, 97201-5711 · Portland, ORTax-exempt since Feb 1934

This page gets seen. Tell your story. Claim this org.

To be the leading provider of information and related services to all stakeholders of the pacific northwest intermodal transportation system and to support related business interests for domestic and foreign commerce.

$369K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · 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
5 of 5
filings with a surplus
Average surplus $100K a year · 4% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$369K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$322K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
+5% vs prior year
Spent
$2.2M
To programs
0%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$2.3M
FY2021▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.2M
FY2021$2.3M
FY2022$2.5M
FY2023$2.7M
FY2024$2.9M
Expenses
$2.2M
FY2021▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$2.2M
FY2022$2.4M
FY2023$2.7M
FY2024$2.6M
Net assets
$1.4M
FY2021▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.5M
FY2023$1.5M
FY2024$1.8M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1934.

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

Who runs it and what they're paid

15 people listed on the 990; $369K paid to officers and key staff.

Part VII, Section A · reportable compensation
$217,185Pt VII · Sec A
Controller
$151,811Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elizabeth Wainwright—$239,614$229,750$217,185$215,888
Curtis Cannizzaro$193,141$174,021$128,111——
Chann Noun$175,550$168,636$162,465$151,811$150,465
Carl Boelter$132,908$126,821$119,353——
Holly Robinson——$105,566——
Carl Obermeir$101,750————

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 Merchants Exchange executive salaries →

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

Something off? The org can add a note here. Request edit privileges.

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

Provides information and services for Pacific Northwest intermodal transportation and related businesses.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · in their own filed words · FY2021
01

Provide columbia river inbound and outbound vessel and cargo statistics to interested parties. Approximately 68 members served.

Pt IX · col B
02

Provide columbia river port ship arrival and departure information for approximately 19 members and interested parties.

Pt IX · col B
03

Provide statistics concerning the grain industry to approximately 9 members.

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 · 1 grant · $6K · 2021–2021

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$2.3M
Other incomeLn 4–11$8K
Investment incomeLn 3$941
Money outPt IX
$2.2M
Ln 25
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$1.7M
LiabilitiesLn 26$322K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.3M
Investment incomeLn 3$941
Other incomeLn 4–11$8K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$150
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$1.4M
Land, buildings, equipmentLn 10c$71K
Other assetsLn 15$104K
Total assetsLn 16$1.7M
LiabilitiesLn 26$322K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 525
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 FY21End FY21
Cash and savingsLn 1–2$1.2M$1.4M
Land, buildings, equipmentLn 10c$78K$71K
Total assetsLn 16$1.5M$1.7M
LiabilitiesLn 26$182K$322K
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$6K
Pay of current officers, directors and key staffLn 5$240K
Other salaries and wagesLn 7$1.2M
Pension plan contributionsLn 8$83K
Other employee benefitsLn 9$128K
Payroll taxesLn 10$128K
Legal feesLn 11b$10K
Accounting feesLn 11c$7K
Other fees for servicesLn 11g$25K
Office expensesLn 13$16K
OccupancyLn 16$122K
TravelLn 17$15K
Conferences, conventions and meetingsLn 19$1K
Depreciation, depletion and amortizationLn 22$40K
InsuranceLn 23$30K
Other expenses (24a–d)Ln 24$104K
All other expensesLn 24e$39K
Total functional expensesLn 25$2.2M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.9M$2.6M$282K$1.8M 990 PDF
FY2023 $2.7M$2.7M$14K$1.5M 990 PDF
FY2022 $2.5M$2.4M$81K$1.5M 990 PDF
FY2021 Viewing $2.3M$2.2M$73K$1.4M 990 PDF
FY2020 $2.2M$2.2M$49K$1.3M 990 PDF

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

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 FY2021 990 (6 parts)
Part I · Summary $2,309,174 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,191,673$2,300,703
I-10 Investment incomePrior year $11,263$941
I-11 Other revenuePrior year $5,001$7,530
I-12 Total revenuePrior year $2,207,937$2,309,174
I-13 Grants and similar amounts paidPrior year $3,559$5,735
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,722,569$1,820,819
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $432,772$409,837
I-18 Total expensesPrior year $2,158,900$2,236,391
I-19 Revenue less expensesPrior year $49,037$72,783
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,309,174 across 5 lines filed
Lines not itemized here account for $30,792 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,513,349 · Unrelated business $756,562$2,269,911
VIII-3 Investment incomeExcluded from tax $941$941
VIII-8 Net income from fundraising eventsExcluded from tax $6,852$6,852
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $678$678
VIII-12 Total revenueRelated to mission $1,544,819 · Unrelated business $756,562 · Excluded from tax $7,793$2,309,174
Part IX · Statement of functional expenses $2,236,391 across 17 lines filed
IX-1 Grants to domestic organizations$5,735
IX-5 Pay of current officers, directors and key staff$240,211
IX-7 Other salaries and wages$1,241,876
IX-8 Pension plan contributions$82,848
IX-9 Other employee benefits$128,213
IX-10 Payroll taxes$127,671
IX-11b Legal fees$10,349
IX-11c Accounting fees$6,965
IX-11g Other fees for services$25,106
IX-13 Office expenses$15,547
IX-16 Occupancy$121,771
IX-17 Travel$15,237
IX-19 Conferences, conventions and meetings$1,000
IX-22 Depreciation, depletion and amortization$40,313
IX-23 Insurance$30,113
IX-24 Other expenses (24a–d)$104,459
IX-24e All other expenses$38,977
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$2,236,391
Part X · Balance sheet $1,706,464 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $150$150
X-2 Savings and temporary cash investmentsStart of year $1,244,705$1,367,418
X-4 Accounts receivableStart of year $110,627$142,190
X-9 Prepaid expenses and deferred chargesStart of year $22,482$21,059
X-10c Land, buildings and equipment, netStart of year $77,989$71,424
X-15 Other assetsStart of year $37,555$104,223
X-16 Total assetsStart of year $1,493,508$1,706,464
X-17 Accounts payable and accrued expensesStart of year $173,729$303,471
X-19 Deferred revenueStart of year $8,506$18,937
X-26 Total liabilitiesStart of year $182,235$322,408
X-27 Net assets without donor restrictionsStart of year $1,311,273$1,384,056
X-32 Total net assets or fund balancesStart of year $1,311,273$1,384,056
X-33 Total liabilities and net assetsStart of year $1,493,508$1,706,464
Part XI · Reconciliation of net assets $1,384,056 net assets at year end
XI-1 Total revenue$2,309,174
XI-2 Total expenses$2,236,391
XI-3 Revenue less expenses$72,783
XI-4 Net assets at start of year$1,311,273
XI-10 Net assets at end of year$1,384,056

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 pay comparisons above.