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Nonprofit · EIN 47-1278728

SODO BUSINESS IMPROVEMENT AREA

Tax-exempt · SEATTLE, WA 98134

Financials

$2M$1.9M2023$2.3M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of SODO BUSINESS IMPROVEMENT AREA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,290,008$2,374,578-$84,570$712,284$280,923$431,361
December 31, 2023990$2,046,812$1,909,943$136,869$599,515$83,584$515,931
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$415,626
of which government grants
$415,626
Program service revenue
$1,855,924
Investment income
$0
Other revenue
$18,458

Expenses

Grants and similar amounts paid
$51,937
Compensation of officers, directors and key employees
$231,495
Other salaries and wages
$534,085
Salaries, compensation and benefits (total)
$888,307
Professional fundraising fees
$0
Legal fees
$14,573
Accounting fees
$13,755
Occupancy
$70,553
Travel
$39,476
Depreciation
$18,707
Program services (functional)
$2,001,117
Management and general (functional)
$373,461

Balance sheet and other

Total assets, start of year
$599,515
Total assets, end of year
$712,284
Total liabilities, end of year
$280,923
Net assets, end of year
$431,361
Land, buildings and equipment
$73,107
Net assets without donor restrictions
$237,926
Net assets with donor restrictions
$193,435
Gross receipts
$2,290,008
Employees
13
Volunteers
66
Year formed
2014
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Erin GoodmanExecutive Director
Officer
39.9$201,407$29,831
Lauren LunbergDeputy Director
Highest-paid employee
40$107,764$15,223
Todd BiesoldPresident
Trustee or director, Officer
1$0$0
Wil LavarisVice President
Trustee or director, Officer
1$0$0
Robin HowardTreasurer
Trustee or director, Officer
2$0$0
Jen OsbornSecretary
Trustee or director, Officer
1$0$0
Daniel ByrneDirector
Trustee or director
1$0$0
Ken ClarkDirector
Trustee or director
1$0$0
Effie GleasonDirector
Trustee or director
2$0$0
Joe SieversDirector
Trustee or director
1$0$0
Lisa NitzeDirector (Until Jun '24)
Trustee or director
1$0$0
Juan RodriguezDirector
Trustee or director
1$0$0
Garth SchlemleinDirector
Trustee or director
1$0$0
Andy GregoryDirector
Trustee or director
1$0$0
Christine BeemanDirector
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
Charlie EckbladDirector (As of June '24)
Trustee or director
1$0
Phillipe GayteDirector
Trustee or director
1$0
Shannon JosieDirector
Trustee or director
1$0
Ted LehmanDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
Erin GoodmanExecutive Director
Officer
40$190,227$27,501
Todd BiesoldPresident
Trustee or director, Officer
1$0$0
Wil LavarisVice President
Trustee or director, Officer
1$0$0
Chad ZindaSecretary Until Aug 2023
Trustee or director, Officer
1$0$0
Robin HowardTreasurer
Trustee or director, Officer
2$0$0
Jen OsbornSecretary
Trustee or director, Officer
1$0$0
Daniel ByrneDirector
Trustee or director
1$0$0
Ken ClarkDirector
Trustee or director
1$0$0
Alex CooleyDirector
Trustee or director
1$0$0
Sally Del FierroDirector Until May 2023
Trustee or director
1$0$0
Effie GleasonDirector
Trustee or director
2$0$0
Joe SieversDirector
Trustee or director
1$0$0
Mark MillerDirector
Trustee or director
1$0$0
Lisa NitzeDirector
Trustee or director
1$0$0
Juan RodriguezDirector
Trustee or director
1$0$0
Garth SchlemleinDirector
Trustee or director
1$0$0
Andy GregoryDirector As of May 2023
Trustee or director
1$0$0
Christine BeemanDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2450 6TH AVE S STE 100, SEATTLE, WA 98134-2029
Principal officer (990 for 2024)
Erin Goodman, 2450 6th Avenue S 100, Seattle, WA 981342029
Signed the 990
Todd Biesold, President
Phone
(206) 981-9877
Return prepared by
Eide Bailly LLP

Mission

To enhance transportation, safety, and cleanliness for the benefit of property owners, tenants, businesses, patrons and employees of the SODO area of Seattle.

990 for the year ended December 31, 2024

Program accomplishments

  • Clean & Safe SODO: Contract for services to maintain a clean environment for SODO businesses, employees and visitors. 2024 services included a contract for bi-weekly street sweeping and a contract to conduct quarterly sidewalk cleanings including illegal dumping removal. In 2024, they pressure washed 250 blocks and removed 3,245 graffiti tags within our boundaries. Additionally, over 530 tons of debris were removed through our contracted service providers. Supported graffiti prevention through funding for public art. Contracted with the Seattle Police Department to provide over 3,100 hours of additional off-duty patrols to address chronic crime and nuisance issues in SODO. (Continued on Schedule O)Partnered with Puget Soundkeeper Alliance on a Tire Turn-in Event to prevent illegal dumping of tires. We also contracted Street Plus for homeless outreach in our geographical district to help identify opportunities for those living unhoused.
    Expenses $1,093,955 · revenue $1,058,047
  • Engage SODO: Increase communication and interaction within SODO so that the BIA most effectively represents the interests and executes the priorities of SODO BIA Business and property owners. Leverage influence and investments to improve the conditions of the district for commerce to thrive in SODO. In 2024, we sent out monthly newsletters and information about upcoming events to SODO stakeholders and managed a robust social media program promoting SODO businesses. We hosted our first National Night Out event at Starbucks HQ with partners from the Seattle Police and Fire Departments. We hosted quarterly networking events this year at venues across SODO, with an attendance of over 200 people. (Continued on Schedule O)We conducted SODO stakeholder engagement research to gather insight on SODO BIA's communications and developed the initial outline of a strategic communications plan.
    Expenses $368,239 · grants $11,437 · revenue $356,152
  • Move SODO: We engaged with SODO stakeholders and agency partners on a variety of subjects, including businesses and freight, parking issues, stadium events, and large-scale infrastructure projects. We continued to work with SDOT's Vision Zero team and King County Metro to make various safety improvements to SDOT's Georgetown to Downtown Safety project. We also continued to advocate with Sound Transit and other agency partners to improve their engagement, refine plans and reduce impacts related to the project in SODO. We finalized design and secured funding for the proposed Pocket Park on Industrial Way, a key part of the SODO Greenspace Plan. Coordinated parking updates on SODO roadways in partnership with local business and the Seattle Department of transportation. (Continued on Schedule O)Worked with adjacent business to propose safety improvements along Airport Way S that still allow local access.
    Expenses $227,238 · revenue $219,779
  • Economic SODO: In 2024 we completed the SODO Economic and Policy Analysis Report with Evans School Consulting Lab. Partnered with the FIFA Local Organizing Committee to host information sessions with SODO Stakeholders to prepare for the World Cup in 2026. Provided grants to businesses impacted by vandalism and graffiti through the Storefront Improvement Fund. Entered into a Fiscal Sponsorship contract to administer funds for the newly created Manufacturing Maritime Industrial Association, a stewardship organization dedicated to strengthening Seattle's maritime, manufacturing, logistics and industrial sectors.
    Expenses $311,685 · grants $40,500 · revenue $221,946

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1278728
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$712,284
Income (IRS master file)
$2,290,008

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,290,008$2,374,578$712,284IRS
990December 2023$2,046,812$1,909,943$599,515XML
990December 2022$1,569,704$1,311,745$488,902IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1278728).

Questions about SODO BUSINESS IMPROVEMENT AREA

What is the EIN of SODO BUSINESS IMPROVEMENT AREA?
The employer identification number (EIN) of SODO BUSINESS IMPROVEMENT AREA is 47-1278728.
Is SODO BUSINESS IMPROVEMENT AREA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2015.
Are donations to SODO BUSINESS IMPROVEMENT AREA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SODO BUSINESS IMPROVEMENT AREA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SODO BUSINESS IMPROVEMENT AREA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SODO BUSINESS IMPROVEMENT AREA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SODO BUSINESS IMPROVEMENT AREA?
The 990 for the year ended December 31, 2024 names Erin Goodman.
Who are the officers and directors of SODO BUSINESS IMPROVEMENT AREA?
The 990 for the year ended December 31, 2024 lists 19 people; 2 received compensation from the organization, the highest $201,407 (Erin Goodman, Executive Director).
How much revenue does SODO BUSINESS IMPROVEMENT AREA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,290,008, expenses of $2,374,578 and total assets of $712,284 at year end.

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