Nonprofit · EIN 91-1896341
SPOKANE AREA BUSINESS FOUNDATION
Tax-exempt · SPOKANE, WA 99201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $79,356 | $276,588 | -$197,232 | $1,179,208 | $84,187 | $1,095,021 |
| December 31, 2023 | 990 | $680,248 | $97,507 | $582,741 | $843,025 | $102,202 | $740,823 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $60,477
- Program service revenue
- $0
- Investment income
- $18,879
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $165,640
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $3,220
- Program services (functional)
- $253,002
- Management and general (functional)
- $23,586
Balance sheet and other
- Total assets, start of year
- $843,025
- Total assets, end of year
- $1,179,208
- Total liabilities, end of year
- $84,187
- Net assets, end of year
- $1,095,021
- Net assets without donor restrictions
- $299,725
- Net assets with donor restrictions
- $795,296
- Gross receipts
- $79,356
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1996
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Alisha Benson | CEO & Director Trustee or director, Officer | 1 | $0 | $227,175 | $27,509 |
| Stacey Cowles | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Charlotte Nemec | Chair-elect Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Dan Demchuk | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Carla Cicero | Past Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| William Symmes | General Counsel Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Alisha Benson | CEO & Director Trustee or director, Officer | 1 | $0 | $233,306 | $30,449 |
| Carla Cicero | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Stacey Cowles | Chair-elect Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Charlotte Nemec | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Marcelo Morales | Past Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| William Symmes | General Counsel Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 801 W RIVERSIDE AVE STE 200, SPOKANE, WA 99201-0908
- In care of
- % SPOKANE CHAMBER OF COMMERCE
- Principal officer (990 for 2024)
- Alisha Benson, 801 W Riverside Ave Ste 200, Spokane, WA 99201
- Signed the 990
- Alisha Benson, CEO
- Phone
- (509) 624-1393
- Return prepared by
- Eide Bailly LLP
Mission
The purpose of the Spokane Area Business Foundation is to advance the quality of life in the greater Spokane region by building support for programs that strengthen education, develop civic leadership, support cultural diversity, improve economic and community research, and build civic capital.
Program accomplishments
- Believe Spokane is a five-year campaign to increase economic vitality with a focus on economic development and talent attraction and retention focused on growth, equity, and agility.Expenses $207,362 · grants $120,000
- Operation Spokane Heroes: Volunteer Committee identifies and fulfills needs of veterans based upon referrals from other organizations that provide services to veterans.Expenses $45,640 · grants $45,640
- As part of the mission to support education and community research, Spokane Area Business Foundation occasionally holds events. No events were held in 2024.
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 | Not 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
- 91-1896341
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,179,208
- Income (IRS master file)
- $79,356
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $79,356 | $276,588 | $1,179,208 | XML |
| 990 | December 2023 | $680,248 | $97,507 | $843,025 | XML |
| 990 | December 2022 | $272,835 | $69,804 | $583,779 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 91-1896341).
Questions about SPOKANE AREA BUSINESS FOUNDATION
- What is the EIN of SPOKANE AREA BUSINESS FOUNDATION?
- The employer identification number (EIN) of SPOKANE AREA BUSINESS FOUNDATION is 91-1896341.
- Is SPOKANE AREA BUSINESS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to SPOKANE AREA BUSINESS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SPOKANE AREA BUSINESS FOUNDATION 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 SPOKANE AREA BUSINESS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPOKANE AREA BUSINESS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SPOKANE AREA BUSINESS FOUNDATION?
- The 990 for the year ended December 31, 2024 names Alisha Benson.
- Who are the officers and directors of SPOKANE AREA BUSINESS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does SPOKANE AREA BUSINESS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $79,356, expenses of $276,588 and total assets of $1,179,208 at year end.
Other nonprofits in SPOKANE
- FIBER BROADBAND ASSOCIATION EIN 16-1608036 · last filed 990 for 2025
- SPOKANE AREA WORKFORCE DEVELOPMENT COUNCIL EIN 46-0684743 · last filed 990 for 2025
- COMMUNITY FRAMEWORKS EIN 91-0933023 · last filed 990 for 2025
- MULTI-ETHNIC BUSINESS ASSOCIATION EIN 84-4858996 · last filed 990 for 2024
- LATINOS EN SPOKANE EIN 85-2725630 · last filed 990 for 2024
- WASHINGTON STATE ASSOCIATION OF FUTURE FARMERS OF AMERICA EIN 30-0810978 · last filed 990 for 2024
- LEAGUE OF WOMEN FOR COMMUNITY ACTION EIN 91-0884545 · last filed 990 for 2024
- WASHINGTON STATE DISPUTE RESOLUTION CENTERS EIN 91-1763414 · last filed 990 for 2025
All nonprofits in SPOKANE · Washington · Community improvement and capacity building