Business Plus Inc
Business Plus, inc assists local economic development organizations to recruit new businesses, new employees and expand existing businesses by granting funds for new jobs created and fund the regional marketing organization in support of those activities.
Business Plus Inc at a glance
In short: Business Plus Inc gave $185K across 2 grants in 2025 (avg $93K), mostly in Idaho. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $185,000
- +46.8% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $92,500
- +46.8% vs 2024
- Median grant
- $92,500
- Total assets
- $281,321
- -16.9% vs 2024
- Primary geography
- Idaho (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Business Plus Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Siedo ($175K). Together the top 2 received $185K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 9 (56%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Business Plus Inc gives
- Giving grew 83% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $101K (2022) to $185K (2025). In 2025 it made 2 grants totaling $185K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Siedo Twin Falls, ID | Attract & Retain Bus | $175,000 |
| Region IV Development Assoc Twin Falls, ID | Rural Econ Develop | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $281,321 | $178,609 | $235,752 | $185,000 | 2 | $12,459 |
| 2024 | $338,464 | $184,724 | $183,269 | $126,000 | 2 | $9,174 |
| 2023 | $337,009 | $199,418 | $167,659 | $115,000 | 2 | $3,043 |
| 2022 | $305,250 | $168,065 | $153,386 | $101,000 | 1 | $2,415 |
| 2021 | $293,489 | $173,912 | $174,495 | $120,000 | 2 | $1,529 |
About Business Plus Inc
Based on IRS filings
Business Plus Inc is a public charity, based in Twin Falls, ID. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $281K in total assets. In 2025, it awarded 2 grants totaling $185K. Net investment income was $12K.
Leadership & Key People
Officers and directors from IRS filings
Business Plus Inc is led by Shane Jenkins, President since 2025 (on filings since 2021); 1 of 18 officers listed in 2025 is compensated.
Officers on the 2025 filing
Shane Jenkins
President
Director → Vice President, 2024
Vice President → President, 2025
On filings since 2021
2 hrs/week
No compensation reported
Brian Ward
Director
On filings since 2021
1 hr/week
No compensation reported
Chris Siebold
Director
On filings since 2021
1 hr/week
No compensation reported
Con Paulos
Director
On filings since 2021
1 hr/week
No compensation reported
Jeff May
Director
On filings since 2021
1 hr/week
No compensation reported
Jim Evans
Director
President → Past President, 2024
Past President → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Mason Harper
Director
On filings since 2021
1 hr/week
No compensation reported
Nathan Murray
Director
On filings since 2021
1 hr/week
No compensation reported
Rick Naerebout
Director
On filings since 2021
1 hr/week
No compensation reported
David Doman
Director
On filings since 2022
1 hr/week
No compensation reported
Jj McBride
Director
On filings since 2023
1 hr/week
No compensation reported
Kyli Gough
Director
On filings since 2023
1 hr/week
No compensation reported
Brent Stimpson
Director
New on the 2025 filing
1 hr/week
No compensation reported
Rebecca Wildman
Executive Di
On filings since 2021
15 hrs/week
$31K (2021) → $34K (2025)
Matt Sandberg
Past President
Vice President → President, 2024
President → Past President, 2025
On filings since 2021
2 hrs/week
No compensation reported
Rudy Ashenbrener
Vice President
Secretary → Vice President, 2025
On filings since 2021
2 hrs/week
No compensation reported
Todd Wadsworth
Treasurer
On filings since 2021
2 hrs/week
No compensation reported
Elsje Johnson
Secretary
Director → Secretary, 2025
On filings since 2022
2 hrs/week
No compensation reported
Former officers (15)
- Former: Dan Olmstead (2021–2024) — Director
- Former: Mitch Watkins (2021–2024) — Director
- Former: Grayson Stone (2023–2024) — Director
- Former: Rick Harder (2023–2024) — Director
- Former: Brandon Williams (2021–2022) — Director
- Former: Dan Hoover (2021–2022) — Director
- Former: Jerry Olson (2021–2022) — Director
- Former: Jim Lynch (2021–2022) — Director
- Former: Jody Tremblay (2021–2022) — Director
- Former: Michael Arrington (2021–2022) — Director
- Former: Neil Christensen (2021–2022) — Vice President
- Former: Nick Lynch (2021–2022) — Director
- Former: Jim Capps (2021) — Director
- Former: Mark Lopshire (2021) — Director
- Former: William Jensen (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $34K, to Rebecca Wildman (Executive Di).
Frequently asked questions about Business Plus Inc
How much does Business Plus Inc give each year?
Business Plus Inc gave $185K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $126K across 2 grants.
How large is Business Plus Inc?
Business Plus Inc reported $281K in total assets on its 2025 IRS Form 990. Its revenue that year was $179K.
Where does Business Plus Inc operate?
Business Plus Inc has awarded grants in Idaho.
What is Business Plus Inc's EIN?
Business Plus Inc's EIN (Employer Identification Number) is 20-3898333. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
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Figures come from Business Plus Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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