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.
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.
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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 | $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 | — | — | — |
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 .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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