2024-01-17T09:30:41-06:00 2023-09-30 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2022-10-01 911178785 Northwest Business Development Assoc NORT 5094588555 9019 E Appleway Blvd 200 Spokane Valley WA 99212 Aliza Seay President 5094588555 2023-12-13 1 Aliza Seay XXX-XX-XXXX 1 SCOTT OPPERUD CPA P00542597 5097472158 2023-12-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Aliza Seay 9019 E Appleway Blvd 200 Spokane Valley WA 99212 3739107 0 X www.nwbusiness.org X 1981 WA To support business growth and job creation and job retention by providing quality small business loan services. 14 13 29 0 0 0 0 0 3672988 3562483 2569 4363 126134 126422 3801691 3693268 91830 96360 0 0 2789802 2306171 0 0 0 568375 543175 3450007 2945706 351684 747562 4504001 5143660 685116 577213 3818885 4566447 To support business growth, job creation and job retention by providing quality small business loan services, including screening, organizing, packaging, processing and closings, in combination with local lending institutions and the SBA. 0 0 2945706 96360 3564236 The creation of job and employment opportunities is accomplished by assisting small businesses in obtaining start-up and expansion financing via processing of SBA loans. 2945706 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 3 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Aliza Seay 5094588555 9019 E Appleway Blvd Suite 200 Spokane Valley WA 99212 Aliza Seay President 40.00 X X 152922 0 5288 Andrea Morgan Board Chair 1.00 X 0 0 0 Scott Bossom Vice Chair 1.00 X 0 0 0 Timothy E Szambelan Secretary/Treasurer 1.00 X 0 0 0 Karen K Meek Director 1.00 X 0 0 0 Allen Schmelzer Director 1.00 X 0 0 0 Brent Mathison Director 1.00 X 0 0 0 Lavonne Bowman Director 1.00 X 0 0 0 William Whalen Director - Oregon 1.00 X 0 0 0 Hugh Crozier Director 1.00 X 0 0 0 Joe Druffel Director 1.00 X 0 0 0 Cory Allen Director - Oregon 1.00 X 0 0 0 Debbie Shipman Director 1.00 X 0 0 0 Robin Stewart Director 1.00 X 0 0 0 Tracy R Bridgens Sr Vice President/COO/HR/I 40.00 X 109829 0 13937 Elizabeth Rusnak Sr Vice President/Loan Off 40.00 X 265114 0 15748 Mark Beppler Vice President/Sr Loan Off 40.00 X 266632 0 15663 James Bright Sr Vice President/Sr Loan 40.00 X 161564 0 13943 Colleen M Ruggles Vice President/Closing Man 40.00 X 104454 0 13927 1060515 0 78506 6 0 1 0 Dave F Gumaer PS 5109 N Allen Place Spokane WA 99205 Legal - Loan closing services 198100 1 SBA 504 Program fees 525990 3132124 3132124 SBA 504 Escrow interes 525990 430359 430359 3562483 4363 4363 170508 45839 124669 124669 124669 Other 525990 1753 1753 1753 3693268 3564236 0 129032 96360 96360 1913791 1913791 226346 226346 166034 166034 2016 2016 21800 21800 15824 15824 145132 145132 135268 135268 35288 35288 4371 4371 24245 24245 Excise tax 57816 57816 Attorney closing fees 40082 40082 Dues 20280 20280 Telephone 17036 17036 24017 24017 2945706 2945706 0 0 1803707 1378740 563764 1763036 45744 61942 2762241 1052452 1756788 1709789 333998 230153 4504001 5143660 177100 347060 333998 230153 174018 0 685116 577213 X 3818885 4566447 3818885 4566447 4504001 5143660 747562 0 X 0 1 X 1 0 X 2882166 3249046 3269451 3672988 3562483 16636134 162091 168718 167697 167780 170508 836794 3044257 3417764 3437148 3840768 3732991 17472928 0 0 0 17472928 5897 9650 5120 2569 4363 27599 5897 9650 5120 2569 4363 27599 4493 13281 2083 2126 1753 23736 3054647 3440695 3444351 3845463 3739107 17524263 0.99710 0.99700 0.00160 0.00150 X 583500 583500 1830694 716004 1114690 307238 296609 10629 40809 39839 970 1709789 3693268 0 3693268 0 3693268 2945706 0 2945706 0 2945706 1 Familias en Accion 2710 NE 14th Ave Portland OR 97212 501(c)(3) 10000 0 To support small business growth SCORE Central Oregon Chapter PO Box 6416 Bend OR 97708 501(c)(3) 6500 0 To support small business growth Seattle SCORE Chapter 55 2401 4th Ave Ste 450 Seattle WA 98901 501(c)(3) 10000 0 To support small business growth SCORE Spokane - Chapter 180 801 W Riverside Ste 444 Spokane WA 99201 501(c)(3) 6500 0 To support small business growth SCORE Portland Chapter 14143 Taylors Crest Lane Lake Oswego OR 97035 501(c)(3) 7000 0 To support small business growth Auto Repair Revolution 2425 6th Ave S Seattle WA 98134 25000 0 To support small business growth Hispanic Business Protection Association of Spokane 1214 E Sprague Ave Spokane WA 99202 501(c)(3) 10000 0 To support small business growth Project Feast 202 W Gowe St Kent WA 98032 501(c)(3) 10000 0 To support refugee and immigrant chefs/cooks Econominc Development Alliance of Skagit County 1932 E College Way Mount Vernon WA 98273 501(c)(3) 10000 0 To support/promote small business growth 8 9 Part I, Line 2: After due consideration on a case-by-case basis, the Board of Directors votes to approve or deny each grant award. X 1 0 X 0 0 0 0 0 0 0 0 0 Mark Beppler Vice President/Sr Loan Off 75388 0 191244 0 0 0 5000 0 10663 0 282295 0 0 0 Elizabeth Rusnak Sr Vice President/Loan Off 80254 0 184860 0 0 0 5000 0 10748 0 280862 0 0 0 James Bright Sr Vice President/Sr Loan 36733 0 124831 0 0 0 5000 0 8943 0 175507 0 0 0 Aliza Seay President 129922 0 23000 0 0 0 5000 0 288 0 158210 0 0 0 Part I, Line 1a Business development officers are required to maintain a home office. As such, they receive an allowance of $150 per month. The home office allowance is included in taxable compensation of the business development officer. No substantiation is required. Part I, Line 1b The home office allowance policy is described in the Employee Handbook. Part I, Line 3 Compensation and performance of the organization's president is annually reviewed and approved by the Board of Directors. Form 990, Part VI, Section A, line 6 Membership consists of individuals who promote economic development in the communities in which NWBDA conducts business. The Board of Directors nominates individuals for membership. The nominees are then elected by majority vote of a quorum of current members, either in person or by proxy. Form 990, Part VI, Section A, line 7a Directors are elected by the members at each annual meeting. Directors can be elected for up to four consecutive terms, not to exceed nine consecutive years. The first term of office is one year. The second term is two years. The third and fourth terms of office are three years each. The Board of Directors may depart from the stated terms and designate a different term for a director if necessary to create staggered terms. Any director who serves for four consecutive terms may be eligible for re-election following a one-year absence from the Board. Any vacancies are filled by the affirmative vote of a majority of remaining directors, even if less than a quorum. A director elected to fill a vacancy will hold office until the next annual meeting of the membership. Vacancies resulting from an increase in the number of directors are filled in this same manner. Form 990, Part VI, Section B, line 11b The Form 990 was prepared by the independent accounting firm of SCHOEDEL & SCHOEDEL, Certified Public Accountants, PLLC based on information provided by the administrative staff of NWBDA. Draft copies of the organization's financial statements and Form 990 were first provided to the president, who reviewed the Form 990 for accuracy and completeness. Any questions, concerns or issues raised by the president were addressed and any necessary revisions were made to the Form 990. The revised Form 990 was then provided to the Board of Directors for its review and approval. Any additional questions, concerns, or issues raised by the Board of Directors were addressed, and any necessary revisions were made to the Form 990. The final version of the Form 990 was reviewed and approved for filing by the Board of Directors. Form 990, Part VI, Section B, line 12c To ensure NWBDA operates in a manner consistent with its tax-exempt purposes and does not engage in activities that could jeopardize its tax-exempt status, each member of the Board of Directors, loan committee member, officer, employee, and agent is required to provide a signed Code of Ethics and Conflict of Interest Annual Affirmation Statement. The Board of Directors and management also conduct periodic reviews. The periodic reviews include, at a minimum, the following subjects: Whether the contractual arrangements with service providers and the services provided are reasonable, based on competent market and survey information, and the result of arm's length negotiation; Whether contractual arrangements with service providers and arrangements with other organizations conform to written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further tax-exempt purposes, and do not result in inurement, impermissible private benefit or in an excess benefit transaction; and Whether any transaction conducted by the Trust during the review period involves or could possibly give rise to a conflict of interest. Each Director, loan committee member, officer, employee, and agent is required to provide a signed Code of Ethics and Conflict of Interest Annual Affirmation Statement. Additionally, Directors, loan committee members, officers, employees, and agents are considered interested persons. An interested person is under a continuing obligation to disclose any potential conflict of interest to their supervisor or the Board of Directors as soon as it is known or reasonably should be known. The interested person is given the opportunity to disclose all material facts. After disclosure of the financial, professional, or personal interest and all material facts, and after any discussion with the interested person, determination of a conflict of interest is considered. If the potential conflict of interest involves a Director, the disinterested Directors determine if a conflict of interest exists. If it is determined a conflict of interest exists, a disinterested person or committee may be appointed to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, a determination is made whether NWBDA can obtain, with reasonable efforts, a more advantageous transaction or arrangement with a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the disinterested Directors determine by majority vote whether the transaction agreement or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination the Directors decide whether to enter into the transaction agreement or arrangement. The minutes of the meeting reflect that the conflict disclosure was made to the Board, the vote taken and, where applicable, the abstention from voting and participation by the interested party. Whenever possible, the minutes frame the decision of the Board in such a way to provide guidance for consideration of future conflict of interest situations. Form 990, Part VI, Section B, line 15a Compensation and performance of the organization's president is annually reviewed and approved by the Board of Directors. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, financial statements, and Form 990 available to the public upon written request by contacting NWBDA at 9019 E Appleway Blvd, Suite 200, Spokane Valley, WA 99212. 9019 RE Holdings LLC 9019 E Appleway Blvd No 200 Spokane Valley WA 99212 822963515 Rental real estate WA 124669 2821537 Northwest Business Development Association 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 9019 RE Holdings LLC K 164356 Lease payments