Overview
What is Northwest Business Development Assoc?
Northwest Business Development Assoc is a nonprofit organization based in Spokane Valley, Washington. Their primary mission is to foster business expansion and job retention by offering high-quality small business loan services. They achieve this by aiding small businesses in securing start-up and expansion financing, working closely with local lending institutions and the Small Business Administration (SBA). Their activities encompass screening, organizing, packaging, processing, and closing loans, thereby promoting small business growth and job creation in the region. With a workforce of 29 individuals, Northwest Business Development Assoc plays a vital role in supporting the local business community.
Official website here: www.nwbusiness.org
Is Northwest Business Development Assoc legitimate?
Northwest Business Development Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Business Development Assoc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,913,791
For more financial information, click here
Official website here: www.nwbusiness.org
What is the mission statement of Northwest Business Development Assoc?
Northwest Business Development Assoc's mission is centered around fostering business growth and preserving employment opportunities. They achieve this by offering top-notch small business loan services. This involves screening, organizing, packaging, processing, and closing loans in collaboration with local financial institutions and the Small Business Administration (SBA). By providing these services, they help small businesses secure start-up and expansion financing, thereby creating and retaining jobs.
Official website here: www.nwbusiness.org
Who is the CEO of Northwest Business Development Assoc?
Aliza Seay is the President of Northwest Business Development Assoc.
Official website here: www.nwbusiness.org
What is the revenue of Northwest Business Development Assoc?
Northwest Business Development Assoc's revenue in 2023 was $3,693,268.
Official website here: www.nwbusiness.org
Who are the executives of Northwest Business Development Assoc and what are their salaries?
The average compensation at Northwest Business Development Assoc during 2023 was $65,993. There are 29 employees at Northwest Business Development Assoc.
Here are 19 key members and their salaries:
- Mark Beppler (Vice President/Sr Loan Off)
- Elizabeth Rusnak (Sr Vice President/Loan Off)
- James Bright (Sr Vice President/Sr Loan)
- Aliza Seay (President) [Trustee/Director]
- Tracy R Bridgens (Sr Vice President/Coo/Hr/I)
- Colleen M Ruggles (Vice President/Closing Man)
- Andrea Morgan (Board Chair) [Trustee/Director]
- Scott Bossom (Vice Chair) [Trustee/Director]
- Timothy E Szambelan (Secretary/Treasurer) [Trustee/Director]
- Karen K Meek (Director)
- Allen Schmelzer (Director)
- Brent Mathison (Director)
- Lavonne Bowman (Director)
- William Whalen (Director - Oregon)
- Hugh Crozier (Director)
- Joe Druffel (Director)
- Cory Allen (Director - Oregon)
- Debbie Shipman (Director)
- Robin Stewart (Director)
Official website here: www.nwbusiness.org
Where can I find the form 990 for Northwest Business Development Assoc?
The Northwest Business Development Assoc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.nwbusiness.org
Learn more at the official website: www.nwbusiness.org
Mission Statement of Northwest Business Development Assoc
Northwest Business Development Associates, abbreviated as NBDA, is dedicated to fostering business growth, job creation, and job retention. They achieve this mission by offering top-notch small business loan services. This nonprofit organization acts as a bridge between small businesses seeking financing and local lending institutions, as well as the Small Business Administration (SBA). By screening, organizing, packaging, processing, and closing loans, NBDA plays a crucial role in helping small businesses secure the funding they need for start-ups or expansions. This, in turn, leads to the creation of new employment opportunities, thereby contributing to the overall economic prosperity of the community.
Impact
This information is meant to be a general summary of Northwest Business Development Assoc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Northwest Business Development Assoc's impact is significant in supporting business growth and job creation in Spokane Valley, WA. By providing quality small business loan services, including processing SBA loans, they facilitate the creation of job and employment opportunities. Their work directly contributes to local economic growth and community improvement by helping small businesses obtain start-up and expansion financing, ultimately leading to increased job retention and creation.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SBA 504 Program fees
Revenue
$3,132,124
SBA 504 Escrow interes
Revenue
$430,359
Organization Details
Founding Year
1981
Phone
(509) 458-8555
Principal Officer
Aliza Seay
Main Address
9019 E Appleway Blvd 200, Spokane Valley, WA, 99212
Website
www.nwbusiness.org
NTEE Category
Code: S43Z - Community improvement
If you are a representative of Northwest Business Development Assoc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.