Sodo Business Improvement Area

Community development organization based in Seattle, WA. 13 employees. Exempt under §501(c)(4).

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

Financial snapshot · TY 2024

$2.3M
Total revenue
$2.4M
Total expenses
$712K
Net assets

Financial health · TY 2024

49
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
7
1.2 months of expenses
Program efficiency
86
84.3% spent on programs
Revenue diversity
61
Mix of program fees, grants & contributions

Leadership compensation

Erin Goodman
Executive Director
$231,238
80th percentile vs. peers
Lauren Lunberg
Deputy Director
$122,987
39th percentile vs. peers

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Sodo Business Improvement Area Executive Compensation | 990 Data | DoubleNine