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Nonprofiteer
← NORTHWEST ACCESS FUND

Form 990 for tax year 2024

Filed by NORTHWEST ACCESS FUND.

Totals

Total revenue
$3,700,845
Total expenses
$2,538,728
Contributions and grants received
$3,327,274
Grants paid
$398,340
Program service revenue
$356,183
Investment income
$13,460
Other revenue
$3,928
Total assets, end of year
$9,083,489
Total liabilities, end of year
$1,446,311
Net assets or fund balances, end of year
$7,637,178
Program services expenses (Part IX)
$2,196,671
Management and general expenses
$257,160
Fundraising expenses
$84,897
Program service expenses (Part III)
$2,196,671

Program services were 86.5% 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)

    $3,145,616

  • 1f · All other contributions, gifts and grants

    $181,658

  • 2a · Program service revenue: LOAN INTEREST INCOME

    total $350,938 · related or exempt $350,938

  • 2b · Program service revenue: CONTRACT INCOME

    total $5,245 · related or exempt $5,245

  • 3 · Investment income

    total $13,460 · excluded $13,460

  • 11a · Other revenue: OTHER INCOME

    total $3,928 · excluded $3,928

  • 11e · Other revenue, total

    $3,928

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $398,340 · program services $398,340

  • 5 · Compensation of officers, directors and key employees

    total $170,666 · program services $88,716 · management and general $45,784 · fundraising $36,166

  • 7 · Other salaries and wages

    total $1,307,058 · program services $1,135,717 · management and general $146,264 · fundraising $25,077

  • 8 · Pension plan contributions

    total $34,610 · program services $30,073 · management and general $3,873 · fundraising $664

  • 9 · Other employee benefits

    total $123,657 · program services $107,447 · management and general $13,838 · fundraising $2,372

  • 10 · Payroll taxes

    total $117,553 · program services $102,143 · management and general $13,155 · fundraising $2,255

  • 11c · Fees: accounting

    total $46,699 · program services $35,599 · management and general $7,469 · fundraising $3,631

  • 11g · Fees: other

    total $87,065 · program services $77,335 · fundraising $9,730

  • 12 · Advertising and promotion

    total $3,983 · program services $3,983

  • 13 · Office expenses

    total $14,072 · program services $12,536 · management and general $1,137 · fundraising $399

  • 16 · Occupancy

    total $14,164 · program services $4,396 · management and general $9,768

  • 20 · Interest

    total $22,784 · program services $22,784

  • 22 · Depreciation, depletion and amortization

    total $8,393 · program services $6,952 · management and general $1,279 · fundraising $162

  • 23 · Insurance

    total $13,766 · program services $11,357 · management and general $1,764 · fundraising $645

  • 24a · Other expenses: DUES, SUBSCRIPTIONS, SO

    total $85,279 · program services $72,014 · management and general $10,131 · fundraising $3,134

  • 24b · Other expenses: MISCELLANEOUS

    total $46,953 · program services $44,909 · management and general $1,528 · fundraising $516

  • 24c · Other expenses: LICENSES AND FEES

    total $34,334 · program services $33,018 · management and general $1,170 · fundraising $146

  • 24d · Other expenses: LOAN LOSS PROVISION

    total $9,352 · program services $9,352

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $224,746 · end of year $191,270

  • 2 · Savings and temporary cash investments

    beginning of year $1,120,870 · end of year $3,744,602

  • 3 · Pledges and grants receivable

    beginning of year $1,459,917 · end of year $365,412

  • 4 · Accounts receivable

    beginning of year $3,232 · end of year $293

  • 7 · Other notes and loans receivable

    beginning of year $4,157,027 · end of year $4,705,804

  • 9 · Prepaid expenses and deferred charges

    beginning of year $34,605 · end of year $75,241

  • 10a · Land, buildings and equipment: cost or other basis

    $74,510

  • 10b · Land, buildings and equipment: accumulated depreciation

    $73,643

  • 10c · Land, buildings and equipment, net

    beginning of year $9,261 · end of year $867

  • 17 · Accounts payable and accrued expenses

    beginning of year $109,390 · end of year $78,383

  • 24 · Unsecured notes and loans payable

    beginning of year $400,000 · end of year $1,342,647

  • 25 · Other liabilities

    beginning of year $25,207 · end of year $25,281

  • 27 · Net assets without donor restrictions

    beginning of year $5,050,061 · end of year $5,843,821

  • 28 · Net assets with donor restrictions

    beginning of year $1,425,000 · end of year $1,793,357

Mission and programs · 2024

Mission

WE OFFER PEOPLE WITH DISABILITIES CUSTOMIZED LOANS, FINANCIAL COACHING, AND OTHER RESOURCES TO PROMOTE ACCESS TO ASSISTIVE TECHNOLOGY, INDEPENDENCE, FINANCIAL RESILIENCE, AND LIFE OPPORTUNITIES.

  • THE NORTHWEST ACCESS FUND PROVIDES: LOW-INTEREST LOANS FOR ASSISTIVE TECHNOLOGY AND HOME AND VEHICLE ACCESSIBILITY MODIFICATIONS; LOW-INTEREST LOANS THAT INCREASE INDEPENDENCE, FINANCIAL RESILIENCE, AND PURSUIT OF LIFE OPPORTUNITIES; LOW-INTEREST LOANS NEEDED TO PROMOTE OR MAINTAIN EMPLOYMENT OR SELF-EMPLOYMENT OR SMALL BUSINESS PURPOSES; AND FINANCIAL EDUCATION AND FINANCIAL CAPABILITY SERVICES DESIGNED TO INCREASE FINANCIAL KNOWLEDGE, IMPROVE THE RATE OF SAVING, LOWER DEBT, INCREASE CREDIT SCORES, AND ENHANCE THE ABILITY TO MEET FINANCIAL GOALS.

    Expenses $2,196,671 · Grants $398,340 · Revenue $356,183

As filed on the 2024 return.

Listed in Part VII

  • Wendy Bonner

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Daman Wandke

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Warren Weissman

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Steve Lewis

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Laurie Brooks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kayla Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yasmin Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Monica Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Arana

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elaine Stefanowicz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Emerson Sekins

    CEO

    Total calculated
    $142,937
    From this org
    $126,307
    From related orgs
    $0
    Other
    $16,630
    Hours/week
    40
  • Kathy Gilman

    PROGRAM DIRECTOR

    Total calculated
    $135,941
    From this org
    $117,441
    From related orgs
    $0
    Other
    $18,500
    Hours/week
    40
  • Ellie Vainker

    CHIEF OPERATING OFFICER

    Total calculated
    $124,419
    From this org
    $120,316
    From related orgs
    $0
    Other
    $4,103
    Hours/week
    40

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 August 2026
IRS schema version
2024v5.5
Source object
202612269349303251

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