Professional and Business Association
TO PROVIDE CAPITAL IN THE FORM OF LOANS AT REASONABLE RATES TO CHURCHES AND CHURCH SCHOOLS FOR THE PURPOSE OF NEW AND REPLACEMENT CONSTRUCTION. CAPITAL IS ACCUMULATED THROUGH LOANS MADE TO THE ORGANIZATION BY MEMBERS AND OTHERS. THE ORGANIZATION ALSO MAKES OCCASIONAL DIRECT GRANTS TO THE LOCAL CONFERENCE OF CHURCHES TO ASSIST IN DEVELOPMENT.
Key facts about Professional and Business Association
- EIN
- 62-6081777
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $20,373,430
Data from IRS Form 990-PF, 2024; updated September 2026.
Next steps with Professional and Business Association
- How to evaluate Professional and Business Association as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.4M
+2.2% YoY
Revenue
$1.0M
+43.7% YoY
Net Investment Income
$417
-31.9% YoY
Expenses
$826K
+41.1% YoY
About Professional and Business Association
Based on IRS filings
Professional and Business Association is a nonprofit organization, based in Collegedale, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.4M in total assets. Net investment income was $417.
Ready to take the next step with Professional and Business Association?
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 | $20,373,430 | $19,941,577 | $16,793,769 |
| Revenue | $1,023,717 | $712,307 | $478,427 |
| Expenses | $825,515 | $585,022 | $396,676 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $417 | $612 | $886 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Wolf Jedamski | President | 1 | — |
| Ed Rusk | Vice-President | 1 | — |
| Karen McColpin | Secretary | 1 | — |
| Melissa Gano | Treasurer | 2 | $823 |
| Lester Haag | Board Member | 1 | — |
| Fred Knopper | Board Member | 1 | — |
| Barry Patterson | Board Member | 1 | — |
| Marlin Walter | Board Member | 1 | — |
| Stephen Ruf | Board Member | 1 | — |
| Terry Wilt | Board Member | 1 | — |
| Charles Young | Board Member | 1 | — |
| Roger Hall | Board Member | 1 | — |
Frequently Asked Questions
How large is Professional and Business Association?
As of 2024, Professional and Business Association holds $20.4M in total assets with $1.0M in annual revenue.
Where does Professional and Business Association operate?
Professional and Business Association has awarded grants in Georgia.
What is Professional and Business Association's EIN?
Professional and Business Association's EIN (Employer Identification Number) is 62-6081777. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Professional and Business Association's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.