Beacon Hill Merchants Association

SEATTLE, WA EIN: 45-0844084 Website

BEACON BUSINESS ALLIANCE SERVES SEATTLE'S BEACON HILL NEIGHBORHOOD, ADVANCING EQUITABLE DEVELOPMENT ACROSS SOUTHEAST SEATTLE'S COMMERCIAL NODES (DISTRICT 2) THROUGH COLLABORATIVE PARTNERSHIPS. WE RECOGNIZE BOTH TRADITIONAL BUSINESSES AND CREATIVE ENTREPRENEURS AS VITAL ECONOMIC DRIVERS THAT CONTRIBUTE TO OUR COMMUNITY'S UNIQUE CHARACTER. THROUGH OUR COMMUNITY RESILIENCE HUB AND OTHER INITIATIVES, WE FOSTER A LOCAL ECONOMY THAT HONORS DIVERSITY, NURTURES INNOVATION, AND PRESERVES THE CULTURAL RICHNESS THAT DEFINES BEACON HILL.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$141K

+1567.0% YoY

Annual Giving

Grant Count

0

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$225K$450K$674K$899K20202021202220232024
Metric202420232022
Total Assets$140,610$8,435$147,106
Revenue$817,394$245,489$340,685
Expenses$688,515$387,522$225,917
Qualifying Distributions
Net Investment Income$25$65$186
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants20200 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Beacon Hill Merchants Association fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

M ANGELA CASTANEDADIRECTOR$117K

From 2024 filing

NameTitleHoursCompensation
M ANGELA CASTANEDADIRECTOR30$116,625
KELLY SOMMERFELDCHAIR2.5
ROBERT HINRIXSECRETARY2.5
JOANNE CHATRUSTEE0.5
MICHAEL CHARLESTRUSTEE2.5
MIGUEL MAESTASTRUSTEE0.5
SARA KNOWLESTRUSTEE0.5
JEFFREY CHEATHAM IITRUSTEE0.5
KARIN PAULSENTRUSTEE2.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

SEATTLE

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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