Northwest Business Development Association

Organization Overview

Northwest Business Development Association is located in Spokane Valley, WA. The organization was established in 1984. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2022, Northwest Business Development Association employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Business Development Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2022, Northwest Business Development Association generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.5m during the year ending 09/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Northwest Business Development Association has awarded 34 individual grants totaling $531,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT BUSINESS GROWTH AND JOB CREATION AND JOB RETENTION BY PROVIDING QUALITY SMALL BUSINESS LOAN SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CREATION OF JOB AND EMPLOYMENT OPPORTUNITIES IS ACCOMPLISHED BY ASSISTING SMALL BUSINESSES IN OBTAINING START-UP AND EXPANSION FINANCING VIA PROCESSING OF SBA LOANS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,672,988
Investment income $2,569
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $124,008
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,801,691

Grants Awarded

Over the last fiscal year, Northwest Business Development Association has awarded $89,500 in support to 7 organizations.

Grant RecipientAmount

SNAP WHISTALKS WAY

PURPOSE: To support small business growth

$20,000

HOPEWORKS

PURPOSE: To support small business growth

$20,000

GOODWILL INDUSTRIES OF THE INLAND NORTHWEST

Org PageRecipient Profile

Spokane, WA

PURPOSE: To support small business growth

$20,000

SEATTLE SCORE CHAPTER 55

PURPOSE: To support small business growth

$10,000

SCORE CENTRAL OREGON CHAPTER

PURPOSE: To support small business growth

$6,500

SCORE SPOKANE - CHAPTER 180

PURPOSE: To support small business growth

$6,500
View Grant Profile

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