Northwest Business Development Assoc logo

Northwest Business Development Assoc

Foundation · Grantmaker 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.

Key facts about Northwest Business Development Assoc

EIN
91-1178785
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$232,000
Grants made (2025)
11
Average grant
$21,091
Median grant
$15,000
New grantees (estimate)
45% first-time grantees (5 of 11, 2025)
Total assets
$6,922,524
Primary geography
Washington (92% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Northwest Business Development Assoc funds

By grant dollars, the top recipient states for Northwest Business Development Assoc's 11 itemized 2025 grants were Washington (92%) and Oregon (8%). The most frequent recipient cities were Spokane, WA (5 grants) and Tukwila, WA (2 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "To support small business growth" (8 grants) and "To support/promote small business growth" (3 grants).

Is Northwest Business Development Assoc open to new grantees?

45%

first-time grantees, 2025

In 2025, 5 of 11 grantees (45%) were first-time recipients. First grants averaged $30K; repeat grants $14K. How we count

Medians: $35K first-time, $14K repeat.

  • 45% of 2025 grantees were also funded in 2024. Method
  • Giving grew 159% from 2022 to 2025. Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Northwest Business Development Assoc

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$6.9M

+14.7% YoY

Annual Giving

$232K

+13.7% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$21K

+3.4% 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 2019 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 11 grants totaling $232K. Net investment income was $81K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 11 itemized 2025 grant dollars.

Cities

SpokaneSeattleLake OswegoBendEverettMount VernonPortlandTukwilaCoeur d AleneEugeneHaydenKentSpokane ValleyWenatcheeYakima

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$6,922,524$6,036,253$5,143,660
Revenue$4,053,953$4,007,576$3,693,268
Expenses$3,240,904$3,046,457$2,945,706
Qualifying Distributions———
Net Investment Income$80,567$69,203$4,363
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$58K$116K$174K$232K6 grants20196 grants202011 grants20217 grants20229 grants202310 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Women Helping Women Fund: $35KWomen Helping Women Fund$35KSpokane Regional Chamber of Commerce dba Greater Spokane Inc: $35KSpokane Regional Chamber ofCommerce dba Greater Spokane…$35KBusiness Impact Northwest: $35KBusiness Impact Northwest$35KSchools Out Washington: $35KSchools Out Washington$35KEconomic Development Alliance of Skagit County: $25KEconomic Development Allianceof Skagit County$25KCommunity Colleges of Spokane Foundation: $15KCommunity Colleges of SpokaneFoundation$15KSpokane Workforce Council: $15KSpokane Workforce Council$15KSeattle SCORE Chapter 55: $12KSeattle SCORE Chapter 55$12KReality Kitchen: $10KReality Kitchen$10KSCORE Spokane - Chapter 180: $8KSCORE Spokane - Chapter 180$8K

Grant Size Distribution

48 grants across all recorded years

48<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Women Helping Women Fund ($35,000), Spokane Regional Chamber of Commerce dba Greater Spokane Inc ($35,000), Business Impact Northwest ($35,000).

RecipientPurposeAmount
Women Helping Women Fund Spokane, WATo support small business growth$35,000
Spokane Regional Chamber of Commerce dba Greater Spokane Inc Spokane, WATo support/promote small business growth$35,000
Business Impact Northwest Tukwila, WATo support small business growth$35,000
Schools Out Washington Tukwila, WATo support small business growth$35,000
Economic Development Alliance of Skagit County Mount Vernon, WATo support/promote small business growth$25,000
Community Colleges of Spokane Foundation Spokane, WATo support small business growth$15,000
Spokane Workforce Council Spokane, WATo support small business growth$15,000
Seattle SCORE Chapter 55 Seattle, WATo support small business growth$12,000
Reality Kitchen Eugene, ORTo support/promote small business growth$10,000
SCORE Spokane - Chapter 180 Spokane, WATo support small business growth$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Elizabeth Rusnak — Sr Vice President/Loan Off: $225KElizabeth RusnakSr Vice President/Loan Off$225KAliza Seay — President: $205KAliza SeayPresident$205KMark Beppler — Vice President/Sr Loan Off: $148KMark BepplerVice President/Sr Loan Off$148KEvan Heriot — Vice President/Sr Loan Off: $117KEvan HeriotVice President/Sr Loan Off$117KTracy R Bridgens — Sr Vice President/COO/HR/I: $115KTracy R BridgensSr Vice President/COO/HR/I$115KColleen M Ruggles — Vice President/Closing Man: $105KColleen M RugglesVice President/Closing Man$105K

From 2025 IRS filing

NameTitleHoursCompensation
Aliza SeayPresident40$205,178
Scott BossomBoard Chair1—
Timothy E SzambelanSecretary/Treasurer1—
Karen K MeekDirector1—
Allen SchmelzerDirector1—
Lavonne BowmanDirector1—
Mark MattkeDirector1—
Hugh CrozierDirector1—
Joe DruffelDirector1—
Cory AllenDirector - Oregon1—
Andrea MorganDirector (Through 12/31/24)1—
Debbie ShipmanDirector1—
Robin StewartVice Chair1—
Erica ErdozainDirector1—
Tracy R BridgensSr Vice President/COO/HR/I40$114,748
Elizabeth RusnakSr Vice President/Loan Off40$224,699
Mark BepplerVice President/Sr Loan Off40$147,736
Evan HeriotVice President/Sr Loan Off40$116,962
Colleen M RugglesVice President/Closing Man40$105,316

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Northwest Business Development Assoc?

Northwest Business Development Assoc is a nonprofit organization focused on Community Improvement & Capacity Building, based in Spokane Valley, WA. It holds $6.9M in total assets as of 2025.

How large is Northwest Business Development Assoc?

As of 2025, Northwest Business Development Assoc holds $6.9M in total assets with $4.1M in annual revenue. It awarded 11 grants totaling $232K in 2025.

Where does Northwest Business Development Assoc operate?

Northwest Business Development Assoc has awarded grants in Idaho, Oregon, Washington.

What size grants does Northwest Business Development Assoc award?

In 2025, Northwest Business Development Assoc awarded 11 grants totaling $232K — an average of about $21K per grant, based on its IRS Form 990 filings.

What is Northwest Business Development Assoc's EIN?

Northwest Business Development Assoc's EIN (Employer Identification Number) is 91-1178785. IRS Form 990 filing data is available on this page for 2019–2025.

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

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