Nonprofit · EIN 91-1118298
EVERGREEN BUSINESS CAPITAL
Tax-exempt · TUKWILA, WA 98168
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,975,348 | $5,903,811 | $71,537 | $9,708,302 | $5,218,835 | $4,489,467 |
| September 30, 2024 | 990 | $5,856,012 | $5,722,471 | $133,541 | $9,907,305 | $5,510,816 | $4,396,489 |
| September 30, 2023 | 990 | $5,839,619 | $5,522,336 | $317,283 | $10,195,838 | $5,895,319 | $4,300,519 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,906,017
- Investment income
- $69,331
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,800
- Compensation of officers, directors and key employees
- $942,154
- Other salaries and wages
- $2,370,491
- Salaries, compensation and benefits (total)
- $4,088,993
- Professional fundraising fees
- $0
- Legal fees
- $157,574
- Occupancy
- $493,213
- Travel
- $53,253
- Depreciation
- $110,496
- Program services (functional)
- $3,828,547
- Management and general (functional)
- $2,004,370
- Fundraising (functional)
- $70,894
Balance sheet and other
- Total assets, start of year
- $9,907,305
- Total assets, end of year
- $9,708,302
- Total liabilities, end of year
- $5,218,835
- Net assets, end of year
- $4,489,467
- Land, buildings and equipment
- $2,399,493
- Net assets without donor restrictions
- $4,489,467
- Gross receipts
- $5,975,348
- Employees
- 35
- Volunteers
- 1
- Year formed
- 1980
- 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 |
|---|---|---|---|---|
| PATRICIA KIBBE | PRESIDENT/CEO Trustee or director, Officer | 20 | $293,738 | $28,592 |
| ANNIE LANT-SMITH | EVP/COO Officer | 20 | $170,069 | $29,138 |
| LORI MILTON | SVP/SALES MANAGER Officer | 40 | $164,137 | $21,370 |
| SEAN DEVLIN | LOAN OFFICER Highest-paid employee | 40 | $158,563 | $23,653 |
| LAURA DONALDSON-FLETCHER | DIRECTOR Highest-paid employee | 40 | $135,214 | $27,669 |
| GREGG SWANSON | SVP/CCO Officer | 40 | $125,365 | $27,263 |
| KATHY AUSTIN | OPERATIONS MANAGER Highest-paid employee | 40 | $117,944 | $28,391 |
| ROBIN AMRINE | LOAN OFFICER Highest-paid employee | 40 | $117,606 | $22,829 |
| THERESA SMITH | DEVELOPMENT COORDINATOR Highest-paid employee | 40 | $115,517 | $17,894 |
| THOMAS KULJAM | SECRETARY Trustee or director, Officer | 3 | $7,800 | $0 |
| KAREN MCIVER | TREASURER Trustee or director, Officer | 3 | $7,800 | $0 |
| STACY TOMURO | VICE CHAIR Trustee or director, Officer | 2 | $7,800 | $0 |
| RASHAD MORRIS | MEMBER Trustee or director | 3 | $6,600 | $0 |
| KEN TAKAHASHI | CHAIR Trustee or director, Officer | 3 | $4,200 | $0 |
| TARA VAGEN | MEMBER Trustee or director | 2 | $4,200 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMIT RANADE | MEMBER Trustee or director | 2 | $3,150 |
| SARAH HOWARD | MEMBER Trustee or director | 2 | $1,050 |
| DAVID FREDERICK COMBS | MEMBER Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICIA KIBBE | PRESIDENT/CEO Trustee or director, Officer | 40 | $243,937 | $40,218 |
| LORI MILTON | SVP/SALES MANAGER Officer | 40 | $162,772 | $49,001 |
| ANNIE LANT-SMITH | EVP/COO Officer | 40 | $163,726 | $42,774 |
| SEAN DEVLIN | LOAN OFFICER Highest-paid employee | 40 | $149,709 | $29,674 |
| BARBARA JONES-BROUDY | LOAN OFFICER Highest-paid employee | 40 | $137,880 | $34,465 |
| GREGG SWANSON | SVP/CCO Officer | 40 | $114,481 | $39,881 |
| THERESA SMITH | DEVELOPMENT OFFICER Highest-paid employee | 40 | $120,530 | $26,799 |
| KATHY AUSTIN | OPERATIONS MANAGER Highest-paid employee | 40 | $112,503 | $29,695 |
| RYANE BROUGHAM | LOAN OFFICER Highest-paid employee | 40 | $110,016 | $29,660 |
| THOMAS KULJAM | SECRETARY Trustee or director, Officer | 3 | $7,800 | $0 |
| KAREN MCIVER | TREASURER Trustee or director, Officer | 3 | $7,800 | $0 |
| STACY TOMURO | MEMBER Trustee or director | 2 | $7,800 | $0 |
| RASHAD MORRIS | CHAIR Trustee or director, Officer | 3 | $6,600 | $0 |
| KEN TAKAHASHI | VICE CHAIR Trustee or director, Officer | 3 | $4,200 | $0 |
| VIRGINIA CALVIN | MEMBER Trustee or director | 2 | $4,200 | $0 |
| TARA VAGEN | MEMBER Trustee or director | 2 | $4,200 | $0 |
| TINA HOUSTON | MEMBER Trustee or director | 2 | $4,200 | $0 |
| AMIT RANADE | MEMBER Trustee or director | 2 | $2,100 | $0 |
| SARAH HOWARD | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LORI MILTON | SVP/SALES MANAGER Officer | 40 | $187,068 | $38,505 |
| ANNIE LANT-SMITH | EVP/COO Officer | 40 | $175,175 | $41,608 |
| PATRICIA KIBBE | PRESIDENT/CEO Trustee or director, Officer | 40 | $188,438 | $27,937 |
| BARBARA JONES-BROUDY | LOAN OFFICER Highest-paid employee | 40 | $160,935 | $25,604 |
| GREGG SWANSON | SVP/CCO Officer | 40 | $131,875 | $28,885 |
| TYLER KRETCHMER | LOAN OFFICER Highest-paid employee | 30 | $133,948 | $14,930 |
| THERESA SMITH | DEVELOPMENT OFFICER Highest-paid employee | 40 | $122,292 | $17,764 |
| SEAN DEVLIN | LOAN OFFICER Highest-paid employee | 40 | $107,159 | $16,738 |
| THOMAS KULJAM | SECRETARY Trustee or director, Officer | 3 | $7,800 | $0 |
| STACY TOMURO | MEMBER Trustee or director | 2 | $7,800 | $0 |
| KAREN MCIVER | TREASURER Trustee or director, Officer | 3 | $6,900 | $0 |
| RASHAD MORRIS | CHAIR Trustee or director, Officer | 3 | $6,600 | $0 |
| KEN TAKAHASHI | VICE CHAIR Trustee or director, Officer | 3 | $4,200 | $0 |
| VIRGINIA CALVIN | MEMBER Trustee or director | 2 | $4,200 | $0 |
| TINA HOUSTON | MEMBER Trustee or director | 2 | $4,200 | $0 |
| BETO YARCE | MEMBER Trustee or director | 2 | $4,200 | $0 |
| DANA ARMINE | MEMBER Trustee or director | 2 | $2,100 | $0 |
Address and contacts
- Address (IRS master file)
- 13925 INTERURBAN AVE S STE 100, TUKWILA, WA 98168-5719
- In care of
- % RENE D FINDLEY
- Principal officer (990 for 2024)
- PATRICIA KIBBE, 13925 INTERURBAN AVE S 100, SEATTLE, WA 98168
- Signed the 990
- PATRICIA KIBBE, PRESIDENT/CEO
- Phone
- (206) 622-3731
- Website
- WWW.EVERGREEN504.COM
- Return prepared by
- GREENWOOD OHLUND PS
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.
Program accomplishments
- 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
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
- 91-1118298
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1982
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $9,708,302
- Income (IRS master file)
- $5,975,348
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,975,348 | $5,903,811 | $9,708,302 | XML |
| 990 | September 2024 | $5,856,012 | $5,722,471 | $9,907,305 | XML |
| 990 | September 2023 | $5,839,619 | $5,522,336 | $10,195,838 | XML |
| 990 | September 2022 | $5,638,585 | $5,270,378 | $9,639,526 | 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 91-1118298).
Questions about EVERGREEN BUSINESS CAPITAL
- What is the EIN of EVERGREEN BUSINESS CAPITAL?
- The employer identification number (EIN) of EVERGREEN BUSINESS CAPITAL is 91-1118298.
- Is EVERGREEN BUSINESS CAPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1982.
- Are donations to EVERGREEN BUSINESS CAPITAL tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EVERGREEN BUSINESS CAPITAL 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 EVERGREEN BUSINESS CAPITAL 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 EVERGREEN BUSINESS CAPITAL 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 EVERGREEN BUSINESS CAPITAL?
- The 990 for the year ended September 30, 2025 names PATRICIA KIBBE.
- Who are the officers and directors of EVERGREEN BUSINESS CAPITAL?
- The 990 for the year ended September 30, 2025 lists 18 people; 17 received compensation from the organization, the highest $293,738 (PATRICIA KIBBE, PRESIDENT/CEO).
- How much revenue does EVERGREEN BUSINESS CAPITAL have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,975,348, expenses of $5,903,811 and total assets of $9,708,302 at year end.
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