Northwest Business Development Assoc logo

Northwest Business Development Assoc

SPOKANE VALLEY, WA EIN: 91-1178785 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BendCoeur D AleneEverettHaydenKentLake OswegoMount VernonMt VernonPortlandSeattleSpokaneSpokane ValleyWenatchee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
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

$0$51K$102K$153K$204K6 grants202011 grants20217 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Community Colleges of Sp…$35KSeattle Good Business Ne…$35KEconominc Development Al…$25KMicro Enterprise Service…$25KSpokane Workforce Council$20KWRC Housing & Supportive…$20KHopeWorks Social Enterpr…$20KSeattle SCORE Chapter 55$10KSCORE Spokane - Chapter …$7KSCORE Portland Chapter$7K

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

Mark BepplerVice President/Sr Loan Off$198KAliza SeayPresident$171KJames BrightSr Vice President/Sr Loan$154KEvan HeriotVice President/Sr Loan Off$132KMatthew LaniganVice President (09/2022 to 0…$123KElizabeth RusnakSr Vice President/Loan Off$120KTracy R BridgensSr Vice President/COO/HR/I$112KColleen M RugglesVice President/Closing Man$104K

From 2024 filing

NameTitleHoursCompensation
Aliza SeayPresident40$171,441
Andrea MorganDirector1
Scott BossomBoard Chair1
Timothy E SzambelanSecretary/Treasurer1
Karen K MeekDirector (Through 2022-2023)1
Allen SchmelzerDirector1
Brent MathisonDirector (Through 2022-2023)1
Lavonne BowmanDirector1
William WhalenDirector - Oregon (Through 2022-2023)1
Hugh CrozierDirector1
Joe DruffelDirector1
Cory AllenDirector - Oregon1
Debbie ShipmanDirector1
Robin StewartVice Chair1
Tracy R BridgensSr Vice President/COO/HR/I40$112,431
Elizabeth RusnakSr Vice President/Loan Off40$119,848
Mark BepplerVice President/Sr Loan Off40$197,563
Evan HeriotVice President/Sr Loan Off40$132,287
James BrightSr Vice President/Sr Loan40$154,084
Colleen M RugglesVice President/Closing Man40$103,806
Matthew LaniganVice President (09/2022 to 04/2024)40$122,959

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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