2025-08-15T12:43:22-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 676 WOODLAND SQUARE LOOP SE SUITE 309 LACEY WA 98503 990 2023-10-01 910496803 ASSOCIATION OF WASHINGTON BUSINESS ASSO 3609431600 PO BOX 658 OLYMPIA WA 98507 KRIS JOHNSON PRESIDENT 3609431600 2025-08-13 1 1 DAVID A COATES CPA P00004144 3607868080 2025-08-13 2023 2025-03-06 01:10:19Z KRIS JOHNSON PO BOX 658 OLYMPIA WA 98507 24565974 0 X WWW.AWB.ORG X 1904 WA ADVANCE INTERESTS OF BUSINESS, TRADE AND COMMERCE THROUGHOUT WASHINGTON STATE. 119 118 44 137 26516 0 71386 72756 8951785 8543951 3327544 4034935 5407 16330 12356122 12667972 74009 119387 2765986 2141455 5456607 5623774 0 0 0 3470842 3353494 11767444 11238110 588678 1429862 46496010 56301053 19730273 26952090 26765737 29348963 AWB IS THE CATALYTIC LEADER AND UNIFYING VOICE FOR ECONOMIC PROSPERITY, ENABLING OUR MEMBERS, THEIR EMPLOYEES AND ALL CITIZENS TO PROSPER THROUGHOUT WASHINGTON STATE. 0 0 WE ACCOMPLISH OUR MISSION STATEMENT BY PROVIDING OUR MEMBERS WITH CRITICAL SERVICES IN ADVOCACY SUCH AS HOLDING THE LINE ON GOVERNMENT REGULATION; OFFERING THE LARGEST ASSOCIATION HEALTH PLAN IN THE STATE; OFFERING 401(K) PLANS; AND PROVIDING OUR COMPWISE RETROSPECTIVE RATING PROGRAM, WHICH ALLOWS SAFE EMPLOYERS TO RECOUP UP TO 40% OF THEIR ANNUAL WORKERS' COMPENSATION PREMIUMS PAID TO THE STATE. ALL OF THESE EFFORTS, COMBINED WITH OUR PARAMOUNT DUTY OF ADVOCATING ON BEHALF OF THE BUSINESS COMMUNITY AS DIRECTED BY THE AWB BOARD, FURTHER THE GOAL OF MAKING WASHINGTON STATE A BETTER PLACE FOR BUSINESSES TO LOCATE AND GROW. 0 0 1 1 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 33 0 44 1 1 1 0 0 0 0 0 0 0 X 119 118 0 0 1 0 1 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 X KRIS JOHNSON 3609431600 1414 CHERRY STREET OLYMPIA WA 98501 LAURA LAWTON PAST CHAIR 1.00 X X 0 0 0 DAVE RANKIN CHAIR 1.00 X X 0 0 0 JOE SPRAGUE VICE CHAIR 1.00 0.10 X X 0 0 0 ROY HEYNDERICKX SECRETARY-TREASURER 1.00 X X 0 0 0 BILL AKERS MEMBER 1.00 X 0 0 0 BARRY BAKER MEMBER 1.00 X 0 0 0 DOUG BAYNE MEMBER 1.00 1.00 X 0 0 0 STEVE BELL MEMBER 1.00 X 0 0 0 ALISHA BENSON MEMBER 1.00 1.00 X 0 0 0 BILL BRADY MEMBER 1.00 X 0 0 0 DOLORES BROESKE MEMBER 1.00 X 0 0 0 ALLISON BUDVARSON MEMBER 1.00 X 0 0 0 DANIELE CAGNATEL MEMBER 1.00 X 0 0 0 MAX CALDAS MEMBER 1.00 X 0 0 0 PAT CALLANS MEMBER 1.00 X 0 0 0 MAREN CALVERT MEMBER 1.00 X 0 0 0 JOHN CARPENTER MEMBER 1.00 X 0 0 0 GARY CHRISTENSEN MEMBER 1.00 X 0 0 0 CARLA CICERO MEMBER 1.00 X 0 0 0 APRIL COITEUX MEMBER 1.00 X 0 0 0 AMELIA COOK MEMBER 1.00 X 0 0 0 CHRISTINE COTE MEMBER (THRU 06/2024) 1.00 X 0 0 0 DAN COYNE MEMBER 1.00 0.10 X 0 0 0 TYLER CROW MEMBER 1.00 X 0 0 0 AARON DEGODNY MEMBER 1.00 X 0 0 0 MICHELLE DIPPEL MEMBER 1.00 X 0 0 0 TONYA DRAKE MEMBER 1.00 X 0 0 0 JOSH DUNN MEMBER 1.00 X 0 0 0 TODD DUNNINGTON MEMBER 1.00 X 0 0 0 TAL EDMAN MEMBER 1.00 X 0 0 0 MATTHEW ELLSWORTH MEMBER 1.00 X 0 0 0 FRAN ERSKINE MEMBER 1.00 1.00 X 0 0 0 LINDSAY FISHER MEMBER 1.00 X 0 0 0 MIKE FLOOD MEMBER 1.00 X 0 0 0 FRAN FORGETTE MEMBER 1.00 X 0 0 0 BRIAN FORTH MEMBER 1.00 0.10 X 0 0 0 SHAE FRICHETTE MEMBER 1.00 X 0 0 0 GARRY FUJITA MEMBER 1.00 X 0 0 0 JOSE GARCIA MEMBER 1.00 X 0 0 0 BRIAN GENTRY MEMBER 1.00 X 0 0 0 TONY GEORGE MEMBER 1.00 X 0 0 0 DON GIBSON MEMBER 1.00 X 0 0 0 CARL GIPSON MEMBER 1.00 X 0 0 0 KRISTOFER GRAY MEMBER 1.00 X 0 0 0 CHARLIE GUILDNER MEMBER 1.00 X 0 0 0 CHIP HALBERT MEMBER 1.00 X 0 0 0 MICHELLE HEGE MEMBER 1.00 X 0 0 0 BARRY HEID MEMBER 1.00 X 0 0 0 LAURIE HOLLICK MEMBER 1.00 X 0 0 0 BEN HOSKINS MEMBER 1.00 X 0 0 0 JEN HOUSER MEMBER 1.00 X 0 0 0 MEGAN HUGHES MEMBER 1.00 0.10 X 0 0 0 KEDRICH JACKSON MEMBER 1.00 X 0 0 0 BRYAN KELLEY MEMBER 1.00 X 0 0 0 KRISTEN KELTZ MEMBER (THRU 01/2024) 1.00 X 0 0 0 COLLEEN KERR MEMBER 1.00 X 0 0 0 JUNUS KHAN MEMBER 1.00 X 0 0 0 JIM KLEIST MEMBER 1.00 X 0 0 0 KATE LAMPSON MEMBER 1.00 X 0 0 0 BRUCE LARSON MEMBER 1.00 X 0 0 0 KRISTA LINDEN MEMBER 1.00 X 0 0 0 PAULA LINNEN MEMBER 1.00 1.00 X 0 0 0 PRESTON LOVE MEMBER 1.00 X 0 0 0 LUCAS MACK MEMBER (THRU 02/2024) 1.00 X 0 0 0 SCOTT MADISON MEMBER 1.00 X 0 0 0 MARK MANTEI MEMBER 1.00 X 0 0 0 JULIANNA MARLER MEMBER 1.00 X 0 0 0 GORDON MCCLEARY MEMBER 1.00 X 0 0 0 TRACI MCGLATHERY MEMBER 1.00 X 0 0 0 ALEX MCGREGOR MEMBER 1.00 X 0 0 0 MIKE MCKINNON MEMBER 1.00 X 0 0 0 BILL MCSHERRY MEMBER 1.00 X 0 0 0 CHRIS MERRYWELL MEMBER 1.00 X 0 0 0 JEFF MESSMER MEMBER 1.00 X 0 0 0 ERIC MILES MEMBER 1.00 X 0 0 0 JAIME NEAL MEMBER (THRU 03/2024) 1.00 X 0 0 0 ERIKA NIST FRAYSER MEMBER 1.00 0.10 X 0 0 0 JOSH O'CONNOR MEMBER 1.00 X 0 0 0 EVAN ONETO MEMBER 1.00 X 0 0 0 DUSTIN O'QUINN MEMBER 1.00 X 0 0 0 GUY PALUMBO MEMBER 1.00 X 0 0 0 BETH PERCYNSKI MEMBER 1.00 X 0 0 0 CARL PERKINS MEMBER (THRU 08/2024) 1.00 X 0 0 0 KEVIN PERSON MEMBER (THRU 05/2024) 1.00 1.00 X 0 0 0 LISA PIERSON MEMBER (THRU 07/2024) 1.00 X 0 0 0 TOM PUCCI MEMBER 1.00 0.10 X 0 0 0 PAUL READ MEMBER 1.00 X 0 0 0 ANDREA REAY MEMBER 1.00 X 0 0 0 JIM REED MEMBER 1.00 X 0 0 0 BRAD REW MEMBER 1.00 X 0 0 0 FRED RIVERA MEMBER 1.00 X 0 0 0 BILL ROBERTSON MEMBER 1.00 0.10 X 0 0 0 ROB ROCHE MEMBER (THRU 09/2024) 1.00 X 0 0 0 JENNIFER ROSS MEMBER 1.00 X 0 0 0 WENDY SANCEWICH MEMBER 1.00 X 0 0 0 TIM SCHAUER MEMBER 1.00 1.00 X 0 0 0 STEPHANIE SCHILTER MEMBER 1.00 X 0 0 0 BOB SCHUETZ MEMBER 1.00 X 0 0 0 MARK SCHUSTER MEMBER 1.00 X 0 0 0 RICHARD SCHWARZ MEMBER 1.00 X 0 0 0 MIKE SCHWENK MEMBER 1.00 1.00 X 0 0 0 MICHAEL SENSKE MEMBER 1.00 X 0 0 0 BEN SHAH MEMBER 1.00 X 0 0 0 STEVE SIMMONS MEMBER 1.00 X 0 0 0 DAMON SMITH MEMBER 1.00 0.10 X 0 0 0 RACHEL SMITH MEMBER 1.00 X 0 0 0 HEATHER SNAVELY MEMBER 1.00 X 0 0 0 JEFF SNOW MEMBER 1.00 0.10 X 0 0 0 LARRY SOEHREN MEMBER 1.00 X 0 0 0 NICOLE SOHN MEMBER 1.00 X 0 0 0 MATT STEUERWALT MEMBER 1.00 X 0 0 0 JUSTIN STIEFEL MEMBER 1.00 X 0 0 0 CHAD SUTTER MEMBER 1.00 X 0 0 0 BILL SYMMES MEMBER 1.00 X 0 0 0 KEVIN TAPANI MEMBER 1.00 X 0 0 0 JASON THACKSTON MEMBER 1.00 0.10 X 0 0 0 DAVID TOBIAS MEMBER 1.00 X 0 0 0 ROSS TRELEVEN MEMBER 1.00 X 0 0 0 ANNA TUCCI MEMBER 1.00 X 0 0 0 KELSEY VAN MIERT MEMBER 1.00 X 0 0 0 STACIE VAUGHAN MEMBER 1.00 X 0 0 0 MIKE WALTON MEMBER 1.00 X 0 0 0 JOAN WANG MEMBER 1.00 X 0 0 0 DAVE WASSON MEMBER 1.00 X 0 0 0 NIKKI WEGNER MEMBER 1.00 X 0 0 0 ROB WHEELER MEMBER 1.00 X 0 0 0 DAVID WRIGHT MEMBER 1.00 X 0 0 0 KRISTOFER JOHNSON PRESIDENT & CEO 40.00 3.10 X 670039 0 158564 GREG WELCH DIRECTOR OF FINANCE 40.00 X 194507 0 29813 JOHN DAVID MASTIN ASSISTANT VICE PRESIDENT GOVERNMENT AFFAIRS 40.00 0.10 X 262147 0 39030 SEAN HEINER DIRECTOR OF MEMBERSHIP 40.00 X 210025 0 52222 AMY ANDERSON GOVERNMENT AFFAIRS DIRECTOR 40.00 X 170976 0 26203 JASON HAGEY VICE PRESIDENT, COMMUNICATIONS 40.00 X 201246 0 50012 ROBERT BATTLES GENERAL COUNSEL/GOVERNMENT AFFAIRS DIRECTOR 40.00 X 161583 0 39774 MICHAEL ENNIS GOVERNMENT AFFAIRS DIRECTOR 40.00 X 234121 0 45141 PETER GODLEWSKI GOVERNMENT AFFAIRS DIRECTOR 40.00 X 140149 0 29817 BONNIE MILLIKAN EXECUTIVE ASSISTANT/OFFICE MANAGER 40.00 X 149018 0 25252 CARLY MICHAEL DIRECTOR OF MEMBER EXPERIENCE & EVENTS 40.00 X 139376 0 36249 DAVID DENNY OPERATIONS SYSTEM ADMINISTRATOR 40.00 X 137603 0 37062 2670790 0 569139 16 0 1 0 DH (DESAUTEL HEGE) 104 PIKE ST STE 200 SEATTLE WA 98101 BRANDING, STRATEGY WORK, SESSION MEDIA 387584 DHM RESEARCH 555 SE ML KING BLVD STE 105 PORTLAND OR 99201 ADVOCACY RESEARCH 176630 HILTON VANCOUVER 301 W 6TH ST VANCOUVER WA 98660 CONFERENCE VENUES 146234 PRINT NW 9914 32ND AVE S LAKEWOOD WA 98499 PRINTING 123700 DAVENPORT GRAND 333 WEST SPOKANE FALLS BLVD SPOKANE WA 99201 CONFERENCE VENUES 101329 5 72756 72756 MEMBER DUES 900099 4173770 4173770 MEMBER SERVICES - RETRO 900099 3081899 3081899 MEETINGS AND SEMINARS 900099 1272266 1272266 ADVERTISING 541800 16016 16016 8543951 3711068 3711068 12215269 6600 11898002 0 317267 6600 323867 323867 MANAGEMENT FEES 561499 10500 10500 RELATED PARTY REIMBURSEMENTS 900099 5830 5830 16330 12667972 8533765 26516 4034935 119387 2141455 2293705 2526861 173914 314739 314555 81723 61672 485 559276 302439 118615 11795 292656 189000 956191 146050 117028 REPAIRS AND MAINTENANCE 102404 PUBLIC POLICY 73328 CREDIT CARD SERVICE FEE 61010 WASHACE PROGRAMS EXPENS 46007 233815 11238110 23756 562721 19139750 25203832 40245 86597 186415 259944 4648864 2850867 1727286 1797997 24722226 27724064 124217 84413 532115 581485 46496010 56301053 1432811 1232529 398007 357770 17500697 24893183 398758 468608 19730273 26952090 X 26704511 29288352 61226 60611 26765737 29348963 46496010 56301053 X 1429862 98652 1054712 X 0 1 X 1 0 0 0 0 0 ASSOCIATION OF WASHINGTON BUSINESS POLITICAL ACTION COMMITTEE 1414 CHERRY ST SE OLYMPIA WA 98501 454859738 44044 0 0 0 4173770 3274758 -438659 2836099 3130328 -294229 0 1 X 190213 190213 3145435 1713760 1431675 1045847 875871 169976 267369 261236 6133 1797997 INVESTMENTS - BONDS, CDS, ETFS, MUTUAL FUNDS 8811506 F INVESTMENT IN SUBSIDIARY 18912558 C 27724064 LEASE LIABILITY 84413 457(B) OBLIGATION 384195 468608 X PART IV, LINE 2B: THE ASSOCIATION HOLDS FUNDS FROM RETROSPECTIVE RATINGS PROGRAMS UNTIL SUCH TIME AS IS DETERMINED TO DISTRIBUTE THE FUNDS TO THE PARTICIPATING MEMBERS. TYPICALLY THEY REFUND A PORTION EACH YEAR UNLESS THERE MAY BE A POTENTIAL ASSESSMENT BY THE DEPARTMENT OF LABOR AND INDUSTRIES. PART X, LINE 2: THE ASSOCIATION HAS ADOPTED THE PROVISIONS RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THESE PROVISIONS PROVIDE GUIDANCE FOR RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS ARE RECOGNIZED AS PART OF INCOME TAX EXPENSE ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THERE WERE NO UNCERTAIN TAX POSITIONS AND NO INTEREST OR PENALTIES RECOGNIZED AS OF, OR FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023. 1 INSTITUTE FOR WORKFORCE DEVELOPMENT 1414 CHERRY ST OLYMPIA WA 98501 912140837 501(C)(3) 117716 0 N/A N/A TO ASSIST THE INSTITUTE IN ACCOMPLISHING ITS MISSION. 1 PART I, LINE 2: ASSOCIATION TRACKS EXPENSES BY DEPARTMENT CODE FOR THE SERVICES IT PROVIDES TO RELATED GRANTING AGENCY. X X 0 0 X X 1 1 0 KRISTOFER JOHNSON PRESIDENT & CEO 569895 0 100000 0 144 0 122102 0 36462 0 828603 0 0 0 JOHN DAVID MASTIN ASSISTANT VICE PRESIDENT GOVERNMENT 246889 0 15000 0 258 0 26347 0 12683 0 301177 0 0 0 MICHAEL ENNIS GOVERNMENT AFFAIRS DIRECTOR 117502 0 0 0 116619 0 13875 0 31266 0 279262 0 0 0 SEAN HEINER DIRECTOR OF MEMBERSHIP 205968 0 4000 0 57 0 22566 0 29656 0 262247 0 0 0 JASON HAGEY VICE PRESIDENT, COMMUNICATIONS 171108 0 30000 0 138 0 17959 0 32053 0 251258 0 0 0 GREG WELCH DIRECTOR OF FINANCE 164111 0 30000 0 396 0 17539 0 12274 0 224320 0 0 0 ROBERT BATTLES GENERAL COUNSEL/GOVERNMENT AFFAIRS D 157325 0 4000 0 258 0 17848 0 21926 0 201357 0 0 0 AMY ANDERSON GOVERNMENT AFFAIRS DIRECTOR 166718 0 4000 0 258 0 13893 0 12310 0 197179 0 0 0 CARLY MICHAEL DIRECTOR OF MEMBER EXPERIENCE & EVEN 133316 0 6000 0 60 0 15282 0 20967 0 175625 0 0 0 DAVID DENNY OPERATIONS SYSTEM ADMINISTRATOR 128841 0 8000 0 762 0 14114 0 22948 0 174665 0 0 0 BONNIE MILLIKAN EXECUTIVE ASSISTANT/OFFICE MANAGER 128256 0 20000 0 762 0 13814 0 11438 0 174270 0 0 0 PETER GODLEWSKI GOVERNMENT AFFAIRS DIRECTOR 134095 0 6000 0 54 0 13916 0 15901 0 169966 0 0 0 PART I, LINE 1B AWB BOARD OFFICERS MADE THE DECISION TO GROSS UP COMPENSATION FOR PAYROLL TAXES ON BONUSES AND OTHER REPORTABLE COMPENSATION. THESE PAYROLL TAXES ARE INCLUDED ON FORM W-2. AWB PAYS DUES TO A LOCAL ATHLETIC CLUB FOR THE ORGANIZATION'S PRESIDENT TO USE AS A MEETING SPACE IN CARRYING OUT HIS DUTIES AS THE PRINCIPAL OFFICER. THE DUES ARE NOT INCLUDED IN COMPENSATION. PART I, LINES 4A-B DEFERRED COMPENSATION PLAN [SECTION 457(B)] - THE ASSOCIATION HAS A NONQUALIFIED DEFERRED COMPENSATION PLAN FOR MEMBERS OF EXECUTIVE MANAGEMENT. THE FOLLOWING EMPLOYEES PARTICIPATED IN THE PLAN DURING CALENDAR 2023. THERE WERE NO DISTRIBUTIONS DURING 2023. - KRISTOFER JOHNSON - DAVE MASTIN DURING 2023 THE ORGANIZATION ENTERED INTO A SEPARATION AGREEMENT WITH MICHAEL ENNIS. PER THE TERMS OF THE AGREEMENT MICHAEL RECEIVED SIX MONTHS OF WAGES TOTALING $116,548. MICHELLE HEGE BOARD MEMBER 347821 PROVIDES COMMUNICATIONS SERVICES THROUGH THE COMPANY DH, FOR ASSOCIATION OF WASHINGTON BUSINESS AND FOR THE INSTITUTE FOR WORKFORCE DEVLEOPMENT, A RELATED ENTITY. 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL, BETWEEN THE MEETINGS OF THE BOARD AND WHILE THE BOARD IS NOT IN SESSION, HAVE AND EXERCISE THE POWERS AND AUTHORITY OF THE BOARD, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE POWER OR AUTHORITY TO AMEND, ALTER, OR REPEAL THESE BYLAWS; TO ELECT, APPOINT, OR REMOVE ANY DIRECTOR, OFFICER, OR MEMBER OF ANY COMMITTEE OF THE BOARD; TO AMEND THE ARTICLES OF INCORPORATION; TO ADOPT A PLAN OF MERGER OR CONSOLIDATION; TO AUTHORIZE THE SALE, LEASE, OR EXCHANGE OF SUBSTANTIALLY ALL OF THE ASSETS OF THE ASSOCIATION NOT IN THE ORDINARY COURSE OF BUSINESS; TO AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE ASSOCIATION OR REVOKE PROCEEDINGS TO VOLUNTARILY DISSOLVE THE ASSOCIATION; OR TO AMEND, ALTER, OR REPEAL ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED, OR REPEALED BY THE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS ARTICLES OF INCORPORATION TO REMOVE THE UPPER LIMIT ON THE NUMBER OF BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ASSOCIATION OF WASHINGTON BUSINESS SHALL BE CORPORATIONS, PARTNERSHIPS OR OTHER LEGAL BUSINESS ENTITIES ENGAGED IN MANUFACTURING, RETAIL/WHOLESALE, TRANSPORTATION, COMMUNICATIONS, PROFESSIONAL SERVICES, CONSTRUCTION, AGRICULTURE, HOSPITALITY, TECHNOLOGY AND SUCH OTHER CATEGORIES OF BUSINESS IN THE STATE OF WASHINGTON. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD ELECTED FROM THE CONGRESSIONAL DISTRICTS MAY BE ELECTED BY MAIL OR VIA ELECTRONIC TRANSMISSION VOTE OF THE MEMBERS, WITH APPROVAL OF SUCH ELECTION PROCEDURE BY RESOLUTION OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT AND DIRECTOR OF FINANCE PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL MEMBERS ARE SENT A CHECKLIST AND IT IS RETURNED AND REVIEWED BY THE DIRECTOR OF FINANCE FOR POTENTIAL CONFLICTS. AT BOARD MEETINGS IN REGARDS TO SENSITIVE VOTING THAT MIGHT HAVE A CONFLICT WITH ONE OF THE BOARD MEMBERS, MANAGEMENT DETERMINES WHO MIGHT HAVE A CONFLICT AND THE CEO DISCUSSES WITH THAT BOARD MEMBER. THE CONFLICTED PERSON IS ASKED TO RECUSE THEMSELVES DURING THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE DETERMINES AND APPROVES THE PRESIDENT'S COMPENSATION. THE PRESIDENT DETERMINES OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION AND THE BAORD APPROVES COMPENSATION ADJUSTMENTS VIA THE OPERATING BUDGET REVIEW AND APPROVAL PROCESS. SALARY SURVEYS FROM OTHER CHAMBERS AND NONPROFIT ORGANIZATIONS ARE UTILIZED AND OTHER FACTORS ARE TAKEN INTO ACCOUNT DURING DELIBERATIONS, LIKE THE COST OF LIVING AND RESPONSIBILITES OF EACH EMPLOYEE. THE PROCESS ABOVE LAST TOOK PLACE IN 2024. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNDISTRIBUTED EARNINGS OF SUBSIDIARY 1,054,712. PROPOINT LLC 525 COLUMBIA ST NW STE 204 OLYMPIA WA 98501 MANAGE ASSOCIATION OF WASHINGTON BUSINESS' HEALTH AND WELFARE PLANS WA 1654475 2965956 FORTERRA INC ASSOCIATION OF WASHINGTON BUSINESS POLITICAL ACTION COMMITTE PO BOX 658 OLYMPIA WA 98507 454859738 POLITICAL ACTION COMMITTEE WA 527 N/A ASSOCIATION OF WASHINGTON BUSINESS 1 INSTITUTE FOR WORKFORCE DEVELOPMENT PO BOX 7933 OLYMPIA WA 98507 912140837 PROVIDING TOOLS AND RESOURCES TO BUILD A STRONG WORKFORCE WA 501(C)(3) LINE 7 N/A 0 FORTERRA INC PO BOX 7508 OLYMPIA WA 98507 203642694 MEMBER SERVICES WA ASSOCIATION OF WASHINGTON BUSINESS C 5892274 21945087 1.00000 1 0 1 0 0 0 1 0 0 0 0 0 1 1 1 1 0 1 1 0 INSTITUTE FOR WORKFORCE DEVELOPMENT B 117716 CASH PROPOINT L 129500 CASH FORTERRA F 3700000 CASH FORTERRA M 2058702 CASH INSTITUTE FOR WORKFORCE DEVELOPMENT Q 96589 CASH FORTERRA Q 326275 CASH AWB POLITICAL ACTION COMMITTEE R 44044 CASH