Totals
- Total revenue
- $18,408
- Total expenses
- $21,894
- Contributions and grants received
- $0
- Grants paid
- $20,256
- Program service revenue
- $12,127
- Investment income
- $0
- Other revenue
- $6,281
- Total assets, end of year
- $392,050
- Total liabilities, end of year
- $340,720
- Net assets or fund balances, end of year
- $51,330
- Program services expenses (Part IX)
- $21,894
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $21,894
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: SBA LOAN INTEREST
total $12,127 · related or exempt $12,127
-
11a · Other revenue: LOAN LOSS RECOVERY
total $6,281 · related or exempt $6,281
-
11e · Other revenue, total
$6,281
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $20,256 · program services $20,256
-
20 · Interest
total $1,638 · program services $1,638
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $217,254 · end of year $137,535
-
4 · Accounts receivable
beginning of year $238,143 · end of year $254,515
-
23 · Secured mortgages and notes payable
beginning of year $400,581 · end of year $340,720
-
27 · Net assets without donor restrictions
beginning of year $54,816 · end of year $51,330
Mission and programs · 2025
Mission
TO PROVIDE LOAN FINANCING AND SUPPORT TO SERVE THE NEEDS OF AND BENEFIT SMALL BUSINESS AND RESIDENTS IN THE STATE OF WASHINGTON.
Activities or mission (Part I)
BUSINESS IMPACT NW GROWS BUSINESSES THAT CREATE JOBS IN UNDERSERVED COMMUNITIES.
-
TO PROVIDE LOAN FINANCING AND SUPPORT TO SERVE THE NEEDS OF AND BENEFIT SMALL BUSINESS AND RESIDENTS IN THE STATE OF WASHINGTON.
Expenses $21,894 · Grants $20,256 · Revenue $18,408
As filed on the 2025 return.
Listed in Part VII
-
Kellen BallKELLEN BALL
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Sean O'MealiaSEAN O'MEALIA
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Paul KirkbridePAUL KIRKBRIDE
TREASURER
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Megan SnyderMEGAN SNYDER
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Lorri WallaceLORRI WALLACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Peter HaPETER HA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Robert LuettjohannROBERT LUETTJOHANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Kurt HeathKURT HEATH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
John ZmolekJOHN ZMOLEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Joseph Sky-TuckerJOSEPH SKY-TUCKER
PRESIDENT/CEO
- Total calculated
- $191,852
- From this org
- $0
- From related orgs
- $161,694
- Other
- $30,158
- Hours/week
- 0.25 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $161,694 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $1,648 related
- Nontaxable benefits
- $0 + $28,510 related
- Filer's total
- $0 + $191,852 related
-
Henry HittHENRY HITT
CFO/COO
- Total calculated
- $166,947
- From this org
- $0
- From related orgs
- $154,541
- Other
- $12,406
- Hours/week
- 0.25 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $154,541 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $1,565 related
- Nontaxable benefits
- $0 + $10,841 related
- Filer's total
- $0 + $166,947 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
- SALARY DECISIONS FOR THE CEO ARE MADE BY THE FULL BOARD EXCLUDING ANYONE WITH A CONFLICT OF INTEREST. COMPARABLE DATA USED IS A SALARY SURVEY AND COMPARED TO TRADE ORGANIZATIONS AND SIMILAR ORGANIZATIONS FROM GUIDESTAR. THE COMPENSATION IS REVIEWED ANNUALLY, THE LAST REVIEW WAS MAY 2025. THE MEETINGS ARE DOCUMENTED AND KEPT FOR RECORDKEEPING.
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
-
$20,256
SBA LOAN PAYOFF ASSISTANCE
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) · LOAN SERVICES · WA
Directly controlled by BUSINESS IMPACT NW
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 28 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202612099349301141
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.