Nonprofit · EIN 85-4035633
STATE BUSINESS EXECUTIVES
Tax-exempt · SPRINGFIELD, VA 22151
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $429,983 | $241,011 | $188,972 | $278,813 | $0 | $278,813 |
| December 31, 2024 | 990 | $250,000 | $352,208 | -$102,208 | $172,357 | $0 | $172,357 |
| December 31, 2023 | 990 | $332,366 | $201,576 | $130,790 | $274,565 | $0 | $274,565 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $429,983
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $140,500
- Salaries, compensation and benefits (total)
- $151,257
- Professional fundraising fees
- $0
- Program services (functional)
- $241,011
Balance sheet and other
- Total assets, start of year
- $172,357
- Total assets, end of year
- $278,813
- Total liabilities, end of year
- $0
- Net assets, end of year
- $278,813
- Net assets without donor restrictions
- $278,813
- Gross receipts
- $429,983
- Employees
- 1
- Year formed
- 2020
- State of legal domicile
- VA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Wasden | President & CEO Officer | 40 | $140,500 |
| Justin Yancy | Chairman Trustee or director | 1 | $0 |
| Peter Guzman | Chairman Trustee or director | 1 | $0 |
| Becky Hultberg | Treasurer Trustee or director | 1 | $0 |
| Pat Fong Kushida | Director Trustee or director | 1 | $0 |
| Phil Bashaw | Director Trustee or director | 1 | $0 |
| Charles DeBow | Director Trustee or director | 1 | $0 |
| Brewster Bevis | Director Trustee or director | 1 | $0 |
| Pat Sheehy | Director Trustee or director | 1 | $0 |
| James Wilson | Director Trustee or director | 1 | $0 |
| Kiersten Barnet | Director Trustee or director | 1 | $0 |
| Christina Henderson | Chairman Trustee or director | 1 | $0 |
| Gordon Gough | Director Trustee or director | 1 | $0 |
| Liz Catucci | Director Trustee or director | 1 | $0 |
| Luke Bernstein | Director Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ryan Budmyr | Director Trustee or director | 1 | $0 |
| Ted Leighty | Chairman Trustee or director | 1 | $0 |
| Renny MacKay | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Wasden | President & CEO Officer | 40 | $121,500 |
| Justin Yancy | Chairman Trustee or director | 1 | $0 |
| Peter Guzman | Chairman Trustee or director | 1 | $0 |
| Becky Hultberg | Treasurer Trustee or director | 1 | $0 |
| Frannie Matthews | Director Trustee or director | 1 | $0 |
| Pat Fong Kushida | Director Trustee or director | 1 | $0 |
| Phil Bashaw | Director Trustee or director | 1 | $0 |
| Charles DeBow | Director Trustee or director | 1 | $0 |
| Brewster Bevis | Director Trustee or director | 1 | $0 |
| Pat Sheehy | Director Trustee or director | 1 | $0 |
| James Wilson | Director Trustee or director | 1 | $0 |
| Kim Gregorie Boad | Director Trustee or director | 1 | $0 |
| Kiersten Barnet | Director Trustee or director | 1 | $0 |
| Tom Giordano | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Wasden | President Officer | 40 | $120,000 |
| Ted Leighty | Board member Trustee or director | 1 | $0 |
| Aimee Edwards | Board member Trustee or director | 1 | $0 |
| Kiersten Barnet | Board member Trustee or director | 1 | $0 |
| Pat Tiberi | Board member Trustee or director | 1 | $0 |
| Lorrie Trogden | Board member Trustee or director | 1 | $0 |
| Luke Bernstein | Board Member Trustee or director | 0 | $0 |
| Sharon Screiber | Board member Trustee or director | 0 | $0 |
| Renny MacKay | Board member Trustee or director | 0 | $0 |
| Christine Henderson | Board member Trustee or director | 1 | $0 |
| Becky Hultberg | Treasurer Trustee or director | 1 | $0 |
| Pat Fong Kushida | Board member Trustee or director | 1 | $0 |
| Justin Yancy | Board Chair Trustee or director | 2 | $0 |
| Peter Guzman | Vice Chair Trustee or director | 2 | $0 |
| Phil Bashaw | Board Trustee or director | 1 | $0 |
| James Wilson | Board Atty Trustee or director | 1 | $0 |
| Tom Giordano | Board member Trustee or director | 1 | $0 |
| Charles DeBow | Board Trustee or director | 1 | $0 |
| Brewster Bevis | Board member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5404 BACKLICK WOODS CT, SPRINGFIELD, VA 22151-3321
- In care of
- % JEFF WASDEN
- Signed the 990
- Jeff Wasden, President & CEO
- Phone
- (720) 628-4787
- Return prepared by
- Connies Tax and Accounting Services
Mission
Multi-sector, multi-state voice of business advocating on 5 key policies pillars.
Program accomplishments
- SBE secured additional grant funding for our immigration work, as well as a renewing large immigration grant to do regional work in seven (7) states in the west. SBE renewed its partnership with WGU SBE continued a successful education and workforce webinar series. SBE advocated with other business leaders and organizations on behalf of several legislative priorities- USGLC funding for State, immigration, workforce pell, higher education. SBE increased its outreach, social media, started an SBE newsletter, and attended as well as spoke at several conferences. SBE advocated on behalf of Building Civic Bridges Act. SBE has expanded its board and industry representation and had its first Chair transition and new Executive CommitteeExpenses $241,011
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-4035633
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $278,813
- Income (IRS master file)
- $429,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $429,983 | $241,011 | $278,813 | XML |
| 990 | December 2024 | $250,000 | $352,208 | $172,357 | XML |
| 990 | December 2023 | $332,366 | $201,576 | $274,565 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 85-4035633).
Questions about STATE BUSINESS EXECUTIVES
- What is the EIN of STATE BUSINESS EXECUTIVES?
- The employer identification number (EIN) of STATE BUSINESS EXECUTIVES is 85-4035633.
- Is STATE BUSINESS EXECUTIVES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2020.
- Are donations to STATE BUSINESS EXECUTIVES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does STATE BUSINESS EXECUTIVES 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 STATE BUSINESS EXECUTIVES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STATE BUSINESS EXECUTIVES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of STATE BUSINESS EXECUTIVES?
- The 990 for the year ended December 31, 2025 lists 18 people; 1 received compensation from the organization, the highest $140,500 (Jeff Wasden, President & CEO).
- How much revenue does STATE BUSINESS EXECUTIVES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $429,983, expenses of $241,011 and total assets of $278,813 at year end.
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- WOMANS CLUB OF SPRINGFIELD EIN 99-4346878 · last filed 990-N for 2025
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All nonprofits in SPRINGFIELD · Virginia · Community improvement and capacity building