Evergreen Business Capital Community Finance
Evergreen Business Capital Community Finance is a public charity based in Seattle, Washington. It provides business capital services intended to support small-business growth in Washington, Oregon, Idaho, and Alaska. Its website describes Evergreen Business Capital as a Northwest SBA/Certified Development Company loan-program expert that has partnered with lenders in Washington, Oregon, Alaska, and Northern Idaho since 1980.
Key facts about Evergreen Business Capital Community Finance
- EIN
- 47-3954632
- Latest 990 filing
- Form 990, 2025
- Total assets
- $5,779,869
Data from IRS Form 990, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$5.8M
-2.0% YoY
Revenue
$402K
-51.7% YoY
Net Investment Income
$42K
+29.0% YoY
Expenses
$300K
+17.8% YoY
Mission & Focus Areas
The organization’s stated mission is to provide economic development solutions that support small-business stability, growth, and job creation, and to create increased income and wealth among people without access to the economic mainstream.
Its website describes SBA 504 financing for eligible small businesses seeking to purchase owner-occupied commercial real estate or equipment, construct or renovate property, or refinance eligible owner-occupied commercial real estate debt. The website also says its 504 loans offer 10-, 20-, or 25-year terms with fixed interest rates.
Grantmaking
The IRS filing data lists zero grants for 2023, 2024, and 2025. The 2023 filing separately reports two Flex Fund 2.0 loans totaling $70,000; these are not reported as grants. The available information does not identify grant recipients, grant amounts, or an application process.
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Geographic Focus
Where this funder awards grants
The organization’s 2023 filing describes business capital services in Washington, Oregon, Idaho, and Alaska. Its website describes work with small businesses in Washington, Oregon, Alaska, and Northern Idaho, including in underserved communities.
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 46 grants totaling $455K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 46 grants of 46 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $5,779,869 | $402,441 | $300,451 | 0 |
| 2024 | $5,895,232 | $833,672 | $255,010 | 0 |
| 2023 | $2,034,034 | $642,186 | $215,458 | 0 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,779,869 | $5,895,232 | $2,034,034 |
| Revenue | $402,441 | $833,672 | $642,186 |
| Expenses | $300,451 | $255,010 | $215,458 |
| Net Investment Income | $42,078 | $32,612 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS April 25, 2023)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Patricia Kibbe as president/CEO; Ken Takahashi as chair; Stacy Tomuro as vice chair; Thomas Kuljam as secretary; and Karen McIver as treasurer. It also lists Rashad Morris, Amit Ranade, Tara Vagen, Sarah Howard, and David Frederick Combs as members.
Evergreen Business Capital Community Finance is led by Patricia Kibbe, President & CEO on every filing since 2020; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Patricia Kibbe
President & CEO
On filings since 2020
19 hrs/week
No compensation reported
Ken Takahashi
Chair
Member → Vice Chair, 2021
Vice Chair → Chair, 2025
On filings since 2020
3 hrs/week
No compensation reported
Annie Lant-Smith
Executive Vice President & COO
Senior Vice President & CCO → Executive Vice President & COO, 2021
On filings since 2020
19 hrs/week
No compensation reported
Karen McIver
Treasurer
Member → Treasurer, 2022
On filings since 2020
3 hrs/week
No compensation reported
Rashad Morris
Member
Vice Chair → Chair, 2021
Chair → Member, 2025
On filings since 2020
3 hrs/week
No compensation reported
Thomas Kuljam
Secretary
Member → Secretary, 2021
On filings since 2020
3 hrs/week
No compensation reported
Stacy Tomuro
Vice Chair
Member → Vice Chair, 2025
On filings since 2021
2 hrs/week
No compensation reported
Amit Ranade
Member
On filings since 2024
2 hrs/week
No compensation reported
David Frederick Combs
Member
New on the 2025 filing
2 hrs/week
No compensation reported
Sarah Howard
Member
New on the 2025 filing
2 hrs/week
No compensation reported
Tara Vagen
Member
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (9)
- Former: Gregg Swanson (2020–2024) — Senior Vice President & CCO
- Former: Virginia Calvin (2020–2024) — Member
- Former: Beto Yarce (2020–2023) — Member
- Former: Rosario Carroll (2020–2021) — Treasurer
- Former: Tina Houston (2020–2021) — Member
- Former: Dave Spurling (2020) — Member
- Former: Howard Barkhoff (2020) — Member
- Former: Jack Brummel (2020) — Chair
- Former: Phil Jones (2020) — Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 13925 Interurban Ave S 100, Seattle, WA 98168
Phone: (206) 622-3731
Website: https://evergreen504.com
Frequently asked questions about Evergreen Business Capital Community Finance
How large is Evergreen Business Capital Community Finance?
Evergreen Business Capital Community Finance reported $5.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $402K.
What does Evergreen Business Capital Community Finance fund?
The organization’s stated mission is to provide economic development solutions that support small-business stability, growth, and job creation, and to create increased income and wealth among people without access to the economic mainstream. See mission & focus areas ↑
How do I apply for a grant from Evergreen Business Capital Community Finance?
Evergreen Business Capital Community Finance has no public application process in the sources Grantable reviewed. Check evergreen504.com for current guidelines, or contact the foundation directly before submitting a request.
Where does Evergreen Business Capital Community Finance make grants?
The organization’s 2023 filing describes business capital services in Washington, Oregon, Idaho, and Alaska. Its website describes work with small businesses in Washington, Oregon, Alaska, and Northern Idaho, including in underserved communities.
What is Evergreen Business Capital Community Finance's EIN?
Evergreen Business Capital Community Finance's EIN (Employer Identification Number) is 47-3954632. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
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