Nonprofit · EIN 91-1373010
WILLIAM M FACTORY SMALL BUSINESS INCUBATOR
Tax-exempt · TACOMA, WA 98465
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $573,574 | $230,419 | $343,155 | $3,745,888 | $16,278 | $3,729,610 |
| June 30, 2025 | 990 | $586,750 | $282,793 | $303,957 | $3,397,335 | $10,880 | $3,386,455 |
| June 30, 2024 | 990 | $556,954 | $253,718 | $303,236 | $3,111,610 | $29,107 | $3,082,503 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $78,505
- of which government grants
- $65,263
- Program service revenue
- $0
- Investment income
- $495,069
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $85,670
- Other salaries and wages
- $57,000
- Salaries, compensation and benefits (total)
- $198,435
- Professional fundraising fees
- $0
- Legal fees
- $227
- Accounting fees
- $4,819
- Depreciation
- $1,321
- Program services (functional)
- $209,441
- Management and general (functional)
- $20,978
Balance sheet and other
- Total assets, start of year
- $3,397,335
- Total assets, end of year
- $3,745,888
- Total liabilities, end of year
- $16,278
- Net assets, end of year
- $3,729,610
- Publicly traded securities
- $3,404,035
- Net assets without donor restrictions
- $3,729,610
- Gross receipts
- $573,574
- Employees
- 2
- Volunteers
- 20
- Year formed
- 1986
- 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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Strege | Executive Director Key employee | 40 | $85,670 |
| Dennis Joyce | Chair, Board Director Trustee or director | 2 | $0 |
| Arti O'Brien | Vice- Chair, Board Director Trustee or director | 1 | $0 |
| Chelsea Bjorkman | Secretary/Treasurer, Board Director Trustee or director | 2 | $0 |
| Andrea Pace | Board Director Trustee or director | 1 | $0 |
| Melissa Littleton | Director Trustee or director | 1 | $0 |
| David Evans | Director Trustee or director | 1 | $0 |
| Will Manzanares | Director Trustee or director | 1 | $0 |
| Erika Bartlett | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2025: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Strege | Executive Director Officer, Key employee, Highest-paid employee | 40 | $85,670 |
| Dennis Joyce | Chair, Board Director Trustee or director | 1 | $0 |
| Arti O'Brien | Vice- Chair, Board Director Trustee or director | 1 | $0 |
| Chelsea Bjorkman | Secretary/Treasurer, Board Director Trustee or director | 1 | $0 |
| Andrea Pace | Board Director Trustee or director | 1 | $0 |
| Melissa Littleton | Director Trustee or director | 1 | $0 |
| David Evans | Director Trustee or director | 1 | $0 |
| Will Manzanares | Director Trustee or director | 1 | $0 |
| Erika Bartlett | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Tim Strege | Executive Director Officer, Key employee, Highest-paid employee | 40 | $85,670 | $11,137 |
| Dennis Joyce | Chair, Board Director Trustee or director, Officer | 1 | $0 | $0 |
| Arti O'Brien | Vice- Chair, Board Director Trustee or director, Officer | 1 | $0 | $0 |
| Chelsea Bjorkman | Secretary/Treasurer, Board Director Trustee or director, Officer | 1 | $0 | $0 |
| Andrea Pace | Board Director Trustee or director | 1 | $0 | $0 |
| Melissa Littleton | Director Trustee or director | 1 | $0 | $0 |
| David Evans | Director Trustee or director | 1 | $0 | $0 |
| Will Manzanares | Director Trustee or director | 1 | $0 | $0 |
| Erika Bartlett | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8340 6TH AVE, TACOMA, WA 98465-1044
- Principal officer (990 for 2025)
- Tim Strege, 8340 Sixth Avenue, Tacoma, WA 98465
- Signed the 990
- Tim Strege, Executive Director
- Phone
- (253) 722-5800
- Website
- www.williamfactory.com
Mission
To promote economic revitalization through assistance to disadvantaged small business enterprises.
Program accomplishments
- During the most recent fiscal year, the Incubator assisted over 300 entrepreneurs with workshops on business topics including finance, marketing, technology and industry networking. The Incubator also enrolled over 200 entrepreneurs for one-on-one counseling and provided mentors, business support referrals and other business resources. The Incubator supported an educational technology cluster with over 20 enterprises to assist this sector with business activities. The Incubator also facilitated loan approvals and private investments for otherwise disadvantaged enterprises.Expenses $209,441 · revenue $78,505
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 91-1373010
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $3,745,888
- Income (IRS master file)
- $573,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $573,574 | $230,419 | $3,745,888 | XML |
| 990 | June 2025 | $586,750 | $282,793 | $3,397,335 | XML |
| 990 | June 2024 | $556,954 | $253,718 | $3,111,610 | XML |
| 990 | June 2023 | $441,325 | $265,335 | $2,794,167 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 91-1373010).
Questions about WILLIAM M FACTORY SMALL BUSINESS INCUBATOR
- What is the EIN of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR?
- The employer identification number (EIN) of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR is 91-1373010.
- Is WILLIAM M FACTORY SMALL BUSINESS INCUBATOR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to WILLIAM M FACTORY SMALL BUSINESS INCUBATOR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WILLIAM M FACTORY SMALL BUSINESS INCUBATOR 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 WILLIAM M FACTORY SMALL BUSINESS INCUBATOR due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WILLIAM M FACTORY SMALL BUSINESS INCUBATOR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR?
- The 990 for the year ended June 30, 2026 names Tim Strege.
- Who are the officers and directors of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR?
- The 990 for the year ended June 30, 2026 lists 9 people; 1 received compensation from the organization, the highest $85,670 (Tim Strege, Executive Director).
- How much revenue does WILLIAM M FACTORY SMALL BUSINESS INCUBATOR have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $573,574, expenses of $230,419 and total assets of $3,745,888 at year end.
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All nonprofits in TACOMA · Washington · Community improvement and capacity building