Association of Small Business Development Centers logo

Association of Small Business Development Centers

Public charity · Grantmaker Warrenton, VA EIN: 01-0365191 Website

To represent the collective interest of our members by promoting, informing, supporting and continuously improving the small business development centers network, which delivers nationwide educational assistance to strengthen small/medium business management, thereby contributing to the growth of local, state and national economies.

Key facts about Association of Small Business Development Centers

EIN
01-0365191
Latest 990 filing
Form 990, 2024
Total assets
$13,059,085

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$13.1M

+411.1% YoY

Revenue

$13.7M

+278.0% YoY

Net Investment Income

$559

+223.1% YoY

Expenses

$3.5M

-5.0% YoY

How Association of Small Business Development Centers gives

  • Giving fell 92% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

About Association of Small Business Development Centers

Based on IRS filings

Association of Small Business Development Centers is a public charity, based in Warrenton, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.1M in total assets. Net investment income was $559.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

WashingtonAlexandriaAthensGrants PassMcLeanAlbanyHinsdaleReno

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M9 grants2020 8 grants2021 8 grants2022 6 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $538K (2023) to $8.3M (2021). In 2023 it made 6 grants totaling $538K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

31 grants across all recorded years

4<$50K6$50–100K8$100–250K7$250–500K1$500K–1M3$1–5M2$5M+

The most common grant size was in the $100–250K range: 8 grants of 31 (26%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$13,059,085$2,555,179$2,331,197
Revenue$13,705,087$3,625,572$8,216,087
Expenses$3,466,853$3,650,334$8,358,989
Net Investment Income$559$173$121

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Association of Small Business Development Centers is led by C. Edward Rowe III, President & CEO on every filing since 2020; 3 of 13 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • C. Edward Rowe III

    President & CEO

    On filings since 2020

    40 hrs/week

    $250K (2020) → $246K (2024)

  • Lisa Shimkat

    Chairman

    Vice Chairman → Chairman, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brett Thibodeau

    Director of Membership Ser

    Director of Membership Services → Director of Membership Ser, 2024

    On filings since 2022

    40 hrs/week

    $103K (2022) → $123K (2024)

  • Beth Melnik

    Director

    Director → Secretary, 2023

    Secretary → Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kristin Johnson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Gregory

    Director

    Treasurer → Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mike Bowman

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steve Lawrence

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michele Campbell

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • April Youngblut

    Vice President of Communications

    On filings since 2023

    40 hrs/week

    $101K (2023) → $120K (2024)

  • Ted Gutierrez

    Treasurer

    Director → Secretary, 2021

    Secretary → Treasurer, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Byron Hicks

    Vice Chairman

    Director → Vice Chairman, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elizabeth Gray

    Secretary

    Director → Secretary, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Donna Ettenson (2020–2023) — Vice President Operations
  • Former: Laura Fine (2020–2023) — Director
  • Former: Linda Rossi (2020–2023) — Chairman
  • Former: Christian Conroy (2023) — Director of Strategic Initiatives
  • Former: Michelle Abraham (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

C Edward Rowe III — President/CEO: $246KC Edward Rowe IIIPresident/CEO$246KBrett Thibodeau — Director of Membership Ser: $123KBrett ThibodeauDirector of Membership Ser$123KApril Youngblut — Vice President of Communic: $120KApril YoungblutVice President of Communic$120K

The highest reported compensation on the 2024 filing was $246K, to C Edward Rowe III (President/CEO). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Association of Small Business Development Centers

How large is Association of Small Business Development Centers?

Association of Small Business Development Centers reported $13.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $13.7M.

Where does Association of Small Business Development Centers operate?

Association of Small Business Development Centers has awarded grants in District of Columbia, Illinois, Nevada, New York, Ohio, Oregon, Virginia.

What is Association of Small Business Development Centers's EIN?

Association of Small Business Development Centers's EIN (Employer Identification Number) is 01-0365191. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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