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Nonprofiteer
← THE GREATER WASHINGTON BOARD OF TRADE FOUNDATION

Form 990 for tax year 2025

Filed by THE GREATER WASHINGTON BOARD OF TRADE FOUNDATION.

Totals

Total revenue
$235,000
Total expenses
$235,473
Contributions and grants received
$235,000
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$34,103
Total liabilities, end of year
$25,000
Net assets or fund balances, end of year
$9,103
Program services expenses (Part IX)
$235,000
Management and general expenses
$473
Fundraising expenses
$0
Program service expenses (Part III)
$235,000

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $75,000

  • 1f · All other contributions, gifts and grants

    $160,000

Functional expenses

Part IX, the statement of functional expenses.

  • 12 · Advertising and promotion

    total $235,000 · program services $235,000

  • 13 · Office expenses

    total $473 · management and general $473

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,576 · end of year $34,103

  • 19 · Deferred revenue

    end of year $25,000

  • 27 · Net assets without donor restrictions

    beginning of year $9,576 · end of year $9,103

Mission and programs · 2025

Mission

TO FOSTER AND ENHANCE THE WELFARE AND QUALITY OF LIFE IN THE GREATER WASHINGTON AREA AND TO FURTHER THE DEVELOPMENT OF INFRASTRUCTURE AND AMENITIES THAT WILL MAKE GREATER WASHINGTON AREA A GREAT PLACE IN WHICH TO LIVE AND WORK.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • TALENT CAPITAL CAMPAIGN IS A REGIONAL INITIATIVE HOUSED BY THE METROPOLITAN WASHINGTON COUNCIL OF GOVERNMENTS TARGETING FEDERAL WORKERS THAT HAVE RECENTLY LOST THEIR JOBS DUE TO GOVERNMENT DOWNSIZING.

    Expenses $235,000

As filed on the 2025 return.

Listed in Part VII

  • Jack McDougle

    PRESIDENT & CEO

    Total calculated
    $592,244
    From this org
    $0
    From related orgs
    $541,750
    Other
    $50,494
    Hours/week
    0.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $406,250 related
    Bonus
    $0 + $135,500 related
    Other
    $0
    Deferred
    $0 + $15,750 related
    Nontaxable benefits
    $0 + $34,744 related
    Filer's total
    $0 + $592,244 related

  • John Stalfort

    GENERAL COUNSEL

    Total calculated
    $0
    Hours/week
    0.5 + 2.31 related

  • Jessica Shehadi

    GENERAL MANAGER

    Total calculated
    $200,303
    From this org
    $0
    From related orgs
    $184,332
    Other
    $15,971
    Hours/week
    0.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $184,332 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,505 related
    Nontaxable benefits
    $0 + $7,466 related
    Filer's total
    $0 + $200,303 related

  • Ashley Balis

    SVP STRATEGY

    Total calculated
    $177,608
    From this org
    $0
    From related orgs
    $154,998
    Other
    $22,610
    Hours/week
    0.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,998 related
    Bonus
    $0 + $7,000 related
    Other
    $0
    Deferred
    $0 + $7,425 related
    Nontaxable benefits
    $0 + $15,185 related
    Filer's total
    $0 + $177,608 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3:
COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION, GREATER WASHINGTON BOARD OF TRADE (GWBOT). GWBOT USES THE FOLLOWING TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
10 July 2026
IRS schema version
2025v4.2
Source object
202621919349300237

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