Nonprofit · EIN 20-5644200
AMERITRUST CDC
Tax-exempt · EDMONDS, WA 98020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,911,875 | $1,979,025 | -$67,150 | $1,936,934 | $1,267,038 | $669,896 |
| September 30, 2024 | 990 | $1,717,258 | $1,905,975 | -$188,717 | $1,795,805 | $1,058,759 | $737,046 |
| September 30, 2023 | 990 | $1,747,236 | $1,978,052 | -$230,816 | $1,885,797 | $960,034 | $925,763 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,885,489
- Investment income
- $15,686
- Other revenue
- $10,700
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $240,364
- Other salaries and wages
- $880,770
- Salaries, compensation and benefits (total)
- $1,539,875
- Professional fundraising fees
- $0
- Legal fees
- $52,127
- Accounting fees
- $33,989
- Occupancy
- $70,810
- Travel
- $13,508
- Depreciation
- $5,180
- Program services (functional)
- $1,617,209
- Management and general (functional)
- $361,816
Balance sheet and other
- Total assets, start of year
- $1,795,805
- Total assets, end of year
- $1,936,934
- Total liabilities, end of year
- $1,267,038
- Net assets, end of year
- $669,896
- Land, buildings and equipment
- $19,868
- Gross receipts
- $1,911,875
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2007
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIM WILLIS | BOARD OF DIRECTOR Trustee or director, Officer | 40 | $240,364 | $11,260 |
| MARK WILLIS | KEY EMPLOYEE Key employee | 40 | $178,530 | $6,993 |
| BRETT VEHRS | HIGHLY COMPENSATED Highest-paid employee | 40 | $147,008 | $37,394 |
| DIANE BLASHILL | HIGHLY COMPENSATED Highest-paid employee | 40 | $148,946 | $28,577 |
| RYAN VEHRS | CONTROLLER Highest-paid employee | 40 | $157,819 | $14,578 |
| JASON M TYDEMAN | HIGHLY COMPENSATED Highest-paid employee | 40 | $154,080 | $5,553 |
| MIKE BROWN | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| WADE STRINGFIELD | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK ROGERS | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOE BEITLY | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAUREN HAWLEY | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN NELSON | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIM WILLIS | BOARD OF DIRECTOR Trustee or director, Officer | 40 | $261,886 | $15,573 |
| MARK WILLIS | KEY EMPLOYEE Key employee | 40 | $185,506 | $7,557 |
| BRETT VEHRS | EMPLOYEE Highest-paid employee | 40 | $158,054 | $34,797 |
| DIANE BLASHILL | HIGHLY COMPENSATED Highest-paid employee | 40 | $147,946 | $27,831 |
| RYAN VEHRS | CONTROLLER Highest-paid employee | 40 | $153,408 | $15,923 |
| JASON M TYDEMAN | HIGHLY COMPENSATED Highest-paid employee | 40 | $153,040 | $5,589 |
| MIKE BROWN | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| WADE STRINGFIELD | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK ROGERS | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOE BEITLY | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAUREN HAWLEY | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN NELSON | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIM WILLIS | BOARD OF DIRECTOR Trustee or director, Officer | 40 | $223,869 | $21,419 |
| MARK WILLIS | KEY EMPLOYEE Key employee | 40 | $183,990 | $8,278 |
| BRETT VEHRS | EMPLOYEE Highest-paid employee | 40 | $151,921 | $22,006 |
| RYAN VEHRS | CONTROLLER Highest-paid employee | 40 | $144,396 | $16,631 |
| JASON M TYDEMAN | HIGHLY COMPENSATED Highest-paid employee | 40 | $144,499 | $5,967 |
| MIKE BROWN | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| WADE STRINGFIELD | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK ROGERS | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOE BEITLY | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAUREN HAWLEY | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN NELSON | BOARD OF DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 MAIN ST STE 102, EDMONDS, WA 98020-3356
- In care of
- % KIM WILLIS
- Principal officer (990 for 2024)
- KIM WILLIS, 17405 76TH AVE W, EDMONDS, WA 98026
- Signed the 990
- KIM WILLIS, PRESIDENT
- Phone
- (425) 787-6100
- Return prepared by
- PETER SCHILZ & CO
Mission
TO PROMOTE AND FACILITATE A LOAN PROGRAM ENTITLED "504" WHICH ENCOURAGES ECONOMIC DEVELOPMENT.
Program accomplishments
- TO OPERATE THE "504" LOAN PROGRAM OF THE SMALL BUSINESS ADMINISTRATION WHICH ENCOURAGES ECONOMICDEVELOPMENT AND CREATE JOBS FOR SMALL BUSINESSES. THE "504" PROGRAM IS CERTIFIED BY THE SMALL BUSINESS ADMINISTRATION.Expenses $1,617,209 · revenue $1,896,189
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 20-5644200
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $1,936,934
- Income (IRS master file)
- $1,911,875
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,911,875 | $1,979,025 | $1,936,934 | XML |
| 990 | September 2024 | $1,717,258 | $1,905,975 | $1,795,805 | XML |
| 990 | September 2023 | $1,747,236 | $1,978,052 | $1,885,797 | XML |
| 990 | September 2022 | $1,694,505 | $1,681,742 | $1,777,009 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5644200).
Questions about AMERITRUST CDC
- What is the EIN of AMERITRUST CDC?
- The employer identification number (EIN) of AMERITRUST CDC is 20-5644200.
- Is AMERITRUST CDC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to AMERITRUST CDC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERITRUST CDC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERITRUST CDC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERITRUST CDC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of AMERITRUST CDC?
- The 990 for the year ended September 30, 2025 names KIM WILLIS.
- Who are the officers and directors of AMERITRUST CDC?
- The 990 for the year ended September 30, 2025 lists 12 people; 6 received compensation from the organization, the highest $240,364 (KIM WILLIS, BOARD OF DIRECTOR).
- How much revenue does AMERITRUST CDC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,911,875, expenses of $1,979,025 and total assets of $1,936,934 at year end.
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All nonprofits in EDMONDS · Washington · Community improvement and capacity building