Totals
- Total revenue
- $405,349
- Total expenses
- $12,274
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $402,820
- Investment income
- $0
- Other revenue
- $2,529
- Total assets, end of year
- $6,138,445
- Total liabilities, end of year
- $1,178
- Net assets or fund balances, end of year
- $6,137,267
- Program services expenses (Part IX)
- $12,274
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $12,274
Program services were 100.0% 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.
-
2a · Program service revenue: LENDING ACTIVITIES
total $402,820 · related or exempt $402,820
-
11a · Other revenue: LOAN LOSS PROVISION
total $2,529 · related or exempt $2,529
-
11e · Other revenue, total
$2,529
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $4,330 · program services $4,330
-
13 · Office expenses
total $6,194 · program services $6,194
-
24a · Other expenses: LOAN SERVICING COSTS
total $1,750 · program services $1,750
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $155,491 · end of year $1,604,175
-
4 · Accounts receivable
beginning of year $24,516 · end of year $26,757
-
7 · Other notes and loans receivable
beginning of year $4,115,537 · end of year $4,507,513
-
17 · Accounts payable and accrued expenses
beginning of year $1,356 · end of year $1,178
-
27 · Net assets without donor restrictions
beginning of year $4,294,188 · end of year $6,137,267
Mission and programs · 2023
Mission
TO STRENGTHEN ECONOMIC, ECOLOGICAL AND FAMILY RESILIENCE IN PACIFIC NORTHWEST COMMUNITIES.
-
PROVIDING BUSINESS SUPPORT, MARKETING ASSISTANCE AND HIGH RISK NON-BANK CREDIT TO BUSINESSES SPECIFIC TO SHARIA COMPLIANT FINANCING AND INDIVIDUALS IN WASHINGTON AND OREGON; IMPROVING THE PHYSICAL AND ECONOMIC ENVIRONMENTS THROUGH ENERGY EFFICIENCY MISSION-BASED LENDING.
Expenses $12,274 · Revenue $405,349
As filed on the 2023 return.
Listed in Part VII
-
Paul BenoitPAUL BENOIT
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Jo Ann KauffmanJO ANN KAUFFMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Ronald GrzywinskiRONALD GRZYWINSKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Alexa KellyALEXA KELLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Alan OkagakiALAN OKAGAKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Stan AmySTAN AMY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Walt KrumbholzWALT KRUMBHOLZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Shivon BriteSHIVON BRITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Mary HoughtonMARY HOUGHTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Linda NettekovenLINDA NETTEKOVEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Andrea Caupain SandersonANDREA CAUPAIN SANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Lee WinslettLEE WINSLETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Adam ZimmermanADAM ZIMMERMAN
CHIEF EXECUTIVE OFFICER
- Total calculated
- $325,376
- From this org
- $0
- From related orgs
- $301,065
- Other
- $24,311
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $278,783 related
- Bonus
- $0 + $21,842 related
- Other
- $0 + $440 related
- Deferred
- $0 + $16,416 related
- Nontaxable benefits
- $0 + $7,895 related
- Filer's total
- $0 + $325,376 related
-
Bruce BrooksBRUCE BROOKS
PRESIDENT
- Total calculated
- $250,764
- From this org
- $0
- From related orgs
- $218,814
- Other
- $31,950
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $202,739 related
- Bonus
- $0 + $15,635 related
- Other
- $0 + $440 related
- Deferred
- $0 + $14,841 related
- Nontaxable benefits
- $0 + $17,109 related
- Filer's total
- $0 + $250,764 related
-
Ronalene MonteithRONALENE MONTEITH
CHIEF CREDIT OFFICER, EVP
- Total calculated
- $205,105
- From this org
- $0
- From related orgs
- $175,002
- Other
- $30,103
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $161,893 related
- Bonus
- $0 + $12,669 related
- Other
- $0 + $440 related
- Deferred
- $0 + $12,445 related
- Nontaxable benefits
- $0 + $17,658 related
- Filer's total
- $0 + $205,105 related
-
Mark StevensonMARK STEVENSON
NEW MARKETS TAX CREDIT DIRECTOR, EVP
- Total calculated
- $199,663
- From this org
- $0
- From related orgs
- $163,438
- Other
- $36,225
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $150,023 related
- Bonus
- $0 + $12,975 related
- Other
- $0 + $440 related
- Deferred
- $0 + $11,706 related
- Nontaxable benefits
- $0 + $24,519 related
- Filer's total
- $0 + $199,663 related
-
Jane RepensekJANE REPENSEK
CHIEF FINANCIAL OFFICER
- Total calculated
- $152,443
- From this org
- $0
- From related orgs
- $147,160
- Other
- $5,283
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $146,800 related
- Bonus
- $0
- Other
- $0 + $360 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,283 related
- Filer's total
- $0 + $152,443 related
-
Sonya LynnSONYA LYNN
CHIEF OPERATING OFFICER
- Total calculated
- $168,764
- From this org
- $0
- From related orgs
- $143,849
- Other
- $24,915
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $133,129 related
- Bonus
- $0 + $10,280 related
- Other
- $0 + $440 related
- Deferred
- $0 + $6,751 related
- Nontaxable benefits
- $0 + $18,164 related
- Filer's total
- $0 + $168,764 related
-
Michael DickersonMICHAEL DICKERSON
INNOVATION AND EVALUATION DIRECTOR
- Total calculated
- $223,354
- From this org
- $0
- From related orgs
- $208,803
- Other
- $14,551
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $194,443 related
- Bonus
- $0 + $14,000 related
- Other
- $0 + $360 related
- Deferred
- $0 + $12,447 related
- Nontaxable benefits
- $0 + $2,104 related
- Filer's total
- $0 + $223,354 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 PAID BY RELATED ORGANIZATION, CRAFT3, WHICH USES THE FOLLOWING METHODS: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND 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.
-
501(C)(3) · LENDING · WA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
CRAFT3 INVESTMENT II LLC
LENDING · WA
-
CRAFT3 INVESTMENT X LLC
LENDING · WA
-
CRAFT3 INVESTMENT XI LLC
LENDING · WA
-
CRAFT3 INVESTMENT XII LLC
LENDING · WA
-
CRAFT3 INVESTMENT XIV LLC
LENDING · WA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CRAFT3 INVESTMENT XIII LLC
C · LENDING · WA
-
WINDFARM INVESTMENTS
C · LENDING · WA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413169349305161
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