Totals
- Total revenue
- $5,975,348
- Total expenses
- $5,903,811
- Contributions and grants received
- $0
- Grants paid
- $7,800
- Program service revenue
- $5,906,017
- Investment income
- $69,331
- Other revenue
- $0
- Total assets, end of year
- $9,708,302
- Total liabilities, end of year
- $5,218,835
- Net assets or fund balances, end of year
- $4,489,467
- Program services expenses (Part IX)
- $3,828,547
- Management and general expenses
- $2,004,370
- Fundraising expenses
- $70,894
- Program service expenses (Part III)
- $3,828,547
Program services were 64.8% 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.
-
2a · Program service revenue: SERVICING FEES
total $3,395,141 · related or exempt $3,395,141
-
2b · Program service revenue: DEBENTURE FEES
total $1,061,390 · related or exempt $1,061,390
-
2c · Program service revenue: FLOAT INTEREST
total $929,590 · related or exempt $929,590
-
2d · Program service revenue: RENTAL REVENUE
total $453,473 · related or exempt $453,473
-
2e · Program service revenue: INTERMEDIARY RELENDING
total $43,629 · related or exempt $43,629
-
2f · All other program service revenue
total $22,794 · related or exempt $22,794
-
3 · Investment income
total $69,331 · excluded $69,331
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,800 · program services $7,800
-
5 · Compensation of officers, directors and key employees
total $942,154 · program services $706,616 · management and general $235,538
-
7 · Other salaries and wages
total $2,370,491 · program services $1,691,364 · management and general $623,705 · fundraising $55,422
-
8 · Pension plan contributions
total $112,489 · program services $81,801 · management and general $28,101 · fundraising $2,587
-
9 · Other employee benefits
total $379,952 · program services $277,181 · management and general $94,878 · fundraising $7,893
-
10 · Payroll taxes
total $283,907 · program services $208,019 · management and general $70,896 · fundraising $4,992
-
11b · Fees: legal
total $157,574 · program services $84,234 · management and general $73,340
-
11g · Fees: other
total $19,887 · program services $19,634 · management and general $253
-
12 · Advertising and promotion
total $93,187 · program services $35,520 · management and general $57,667
-
13 · Office expenses
total $129,575 · program services $37,508 · management and general $92,067
-
14 · Information technology
total $217,798 · program services $94,720 · management and general $123,078
-
16 · Occupancy
total $493,213 · program services $289,560 · management and general $203,653
-
17 · Travel
total $53,253 · program services $20,298 · management and general $32,955
-
19 · Conferences, conventions and meetings
total $147,539 · program services $7,823 · management and general $139,716
-
20 · Interest
total $102,163 · program services $45,742 · management and general $56,421
-
22 · Depreciation, depletion and amortization
total $110,496 · program services $110,240 · management and general $256
-
23 · Insurance
total $104,790 · program services $86,836 · management and general $17,954
-
24a · Other expenses: BUSINESS TAXES
total $72,633 · program services $6,052 · management and general $66,581
-
24b · Other expenses: DUES AND MEMBERSHIPS
total $48,661 · program services $6,564 · management and general $42,097
-
24c · Other expenses: OTHER EXPENSES
total $38,873 · program services $4,285 · management and general $34,588
-
24d · Other expenses: BOARD EXPENSES
total $17,376 · program services $6,750 · management and general $10,626
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,538,600 · end of year $2,213,565
-
2 · Savings and temporary cash investments
beginning of year $1,904,169 · end of year $1,947,430
-
4 · Accounts receivable
beginning of year $105,484 · end of year $223,421
-
7 · Other notes and loans receivable
beginning of year $1,253,700 · end of year $1,157,723
-
9 · Prepaid expenses and deferred charges
beginning of year $157,136 · end of year $132,945
-
10a · Land, buildings and equipment: cost or other basis
$6,007,918
-
10b · Land, buildings and equipment: accumulated depreciation
$3,608,425
-
10c · Land, buildings and equipment, net
beginning of year $2,501,915 · end of year $2,399,493
-
15 · Other assets
beginning of year $1,446,301 · end of year $1,633,725
-
17 · Accounts payable and accrued expenses
beginning of year $441,808 · end of year $393,919
-
23 · Secured mortgages and notes payable
beginning of year $3,402,199 · end of year $3,059,759
-
24 · Unsecured notes and loans payable
beginning of year $478,146 · end of year $620,410
-
25 · Other liabilities
beginning of year $1,188,663 · end of year $1,144,747
-
27 · Net assets without donor restrictions
beginning of year $4,396,489 · end of year $4,489,467
Mission and programs · 2024
Mission
OUR MISSION IS TO PROVIDE SUPERIOR ECONOMIC DEVELOPMENT SOLUTIONS THAT SUPPORT SMALL BUSINESS STABILITY, GROWTH AND JOB CREATION. EVERGREEN BUSINESS CAPITAL IS A SMALL BUSINESS ADMINISTRATION (SBA) CERTIFIED FINANCIAL DEVELOPMENT COMPANY.
Activities or mission (Part I)
ACCREDITED AS A CERTIFIED DEVELOPMENT COMPANY BY SBA, WE OFFER BUSINESS CAPITAL SERVICES THAT ENHANCE SMALL BUSINESS GROWTH IN WA, OR, AK, AND ID.
-
THE ORGANIZATION AUTHORIZED OVER 73 LOANS TOTALING $76 MILLION FOR CAPITAL PROJECTS WORTH $215 MILLION. THESE PROJECTS ARE PROJECTED TO CREATE MORE THAN 1,653 JOBS IN THE NEXT TWO YEARS.
Expenses $3,828,547 · Grants $7,800 · Revenue $5,906,017
As filed on the 2024 return.
Listed in Part VII
-
Patricia KibbePATRICIA KIBBE
PRESIDENT/CEO
- Total calculated
- $322,330
- From this org
- $293,738
- From related orgs
- $0
- Other
- $28,592
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $257,738
- Bonus
- $36,000
- Other
- $0
- Deferred
- $15,374
- Nontaxable benefits
- $13,218
- Filer's total
- $322,330
-
Ken TakahashiKEN TAKAHASHI
CHAIR
- Total calculated
- $4,200
- From this org
- $4,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3 + 4 related
-
Thomas KuljamTHOMAS KULJAM
SECRETARY
- Total calculated
- $7,800
- From this org
- $7,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3 + 4 related
-
Karen McIverKAREN MCIVER
TREASURER
- Total calculated
- $7,800
- From this org
- $7,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3 + 4 related
-
Stacy TomuroSTACY TOMURO
VICE CHAIR
- Total calculated
- $7,800
- From this org
- $7,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2 + 3 related
-
Rashad MorrisRASHAD MORRIS
MEMBER
- Total calculated
- $6,600
- From this org
- $6,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3 + 4 related
-
Amit RanadeAMIT RANADE
MEMBER
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2 + 3 related
-
Tara VagenTARA VAGEN
MEMBER
- Total calculated
- $4,200
- From this org
- $4,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2 + 3 related
-
Sarah HowardSARAH HOWARD
MEMBER
- Total calculated
- $1,050
- From this org
- $1,050
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2 + 3 related
-
David Frederick CombsDAVID FREDERICK COMBS
MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 3 related
-
Annie Lant-SmithANNIE LANT-SMITH
EVP/COO
- Total calculated
- $199,207
- From this org
- $170,069
- From related orgs
- $0
- Other
- $29,138
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $152,069
- Bonus
- $18,000
- Other
- $0
- Deferred
- $9,509
- Nontaxable benefits
- $19,629
- Filer's total
- $199,207
-
Gregg SwansonGREGG SWANSON
SVP/CCO
- Total calculated
- $152,628
- From this org
- $125,365
- From related orgs
- $0
- Other
- $27,263
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $117,265
- Bonus
- $8,100
- Other
- $0
- Deferred
- $7,609
- Nontaxable benefits
- $19,654
- Filer's total
- $152,628
-
Lori MiltonLORI MILTON
SVP/SALES MANAGER
- Total calculated
- $185,507
- From this org
- $164,137
- From related orgs
- $0
- Other
- $21,370
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,637
- Bonus
- $10,500
- Other
- $0
- Deferred
- $8,152
- Nontaxable benefits
- $13,218
- Filer's total
- $185,507
-
Sean DevlinSEAN DEVLIN
LOAN OFFICER
- Total calculated
- $182,216
- From this org
- $158,563
- From related orgs
- $0
- Other
- $23,653
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $115,153
- Bonus
- $43,410
- Other
- $0
- Deferred
- $8,991
- Nontaxable benefits
- $14,662
- Filer's total
- $182,216
-
Laura Donaldson-FletcherLAURA DONALDSON-FLETCHER
DIRECTOR
- Total calculated
- $162,883
- From this org
- $135,214
- From related orgs
- $0
- Other
- $27,669
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $109,354
- Bonus
- $25,860
- Other
- $0
- Deferred
- $7,563
- Nontaxable benefits
- $20,106
- Filer's total
- $162,883
-
Kathy AustinKATHY AUSTIN
OPERATIONS MANAGER
- Total calculated
- $146,335
- From this org
- $117,944
- From related orgs
- $0
- Other
- $28,391
- Hours/week
- 40
-
Robin AmrineROBIN AMRINE
LOAN OFFICER
- Total calculated
- $140,435
- From this org
- $117,606
- From related orgs
- $0
- Other
- $22,829
- Hours/week
- 40
-
Theresa SmithTHERESA SMITH
DEVELOPMENT COORDINATOR
- Total calculated
- $133,411
- From this org
- $115,517
- From related orgs
- $0
- Other
- $17,894
- 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. 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
- 3 · Approval by the board or compensation committee
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
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.
-
EVERGREEN BUSINESS CAPITAL FOUNDATION
501(C)(3) · GRANTMAKING · WA
Directly controlled by EVERGREEN BUSINESS CAPITAL
-
EVERGREEN BUSINESS CAPITAL COMMUNITY FINANCE
501(C)(3) · LOAN AND BUSINESS CONSULTING · WA
Directly controlled by EVERGREEN BUSINESS CAPITAL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600929349301615
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.