Northwest Business Development Assoc
To support business growth, job creation and job retention by providing quality small business loan services, including screening, organizing, packaging, processing and closings, in combination with local lending institutions and the SBA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
+17.4% YoY
Annual Giving
$204K
+114.7% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$20K
+93.3% YoY
About Northwest Business Development Assoc
Based on IRS filings
Northwest Business Development Assoc is a nonprofit organization focused on Community Improvement & Capacity Building, based in SPOKANE VALLEY, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 10 grants totaling $204K. Net investment income was $69K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,036,253 | $5,143,660 | $4,504,001 |
| Revenue | $4,007,576 | $3,693,268 | $3,801,691 |
| Expenses | $3,046,457 | $2,945,706 | $3,450,007 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $69,203 | $4,363 | $2,569 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Aliza Seay | President | 40 | $171,441 |
| Andrea Morgan | Director | 1 | — |
| Scott Bossom | Board Chair | 1 | — |
| Timothy E Szambelan | Secretary/Treasurer | 1 | — |
| Karen K Meek | Director (Through 2022-2023) | 1 | — |
| Allen Schmelzer | Director | 1 | — |
| Brent Mathison | Director (Through 2022-2023) | 1 | — |
| Lavonne Bowman | Director | 1 | — |
| William Whalen | Director - Oregon (Through 2022-2023) | 1 | — |
| Hugh Crozier | Director | 1 | — |
| Joe Druffel | Director | 1 | — |
| Cory Allen | Director - Oregon | 1 | — |
| Debbie Shipman | Director | 1 | — |
| Robin Stewart | Vice Chair | 1 | — |
| Tracy R Bridgens | Sr Vice President/COO/HR/I | 40 | $112,431 |
| Elizabeth Rusnak | Sr Vice President/Loan Off | 40 | $119,848 |
| Mark Beppler | Vice President/Sr Loan Off | 40 | $197,563 |
| Evan Heriot | Vice President/Sr Loan Off | 40 | $132,287 |
| James Bright | Sr Vice President/Sr Loan | 40 | $154,084 |
| Colleen M Ruggles | Vice President/Closing Man | 40 | $103,806 |
| Matthew Lanigan | Vice President (09/2022 to 04/2024) | 40 | $122,959 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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