2012-10-25T15:22:53-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 3000 NORTHUP WAY SUITE 200 BELLEVUE WA 980041446 990 2011-01-01 911764008 SEATTLE ECONOMIC DEVELOPMENT FUND SEAT 2063244330 1437 S JACKSON STREET SEATTLE WA 98144 JAMES L THOMAS 2063244330 2012-10-24 1 JOHN T FISHER P00164017 4252506100 2012-10-24 2011 2016-02-24 21:20:13Z JAMES L THOMAS 1437 S JACKSON SEATTLE WA 98144 1468581 0 X N/A X 1997 WA TO ESTABLISH AN ENTITY TO PROVIDE FINANCING AND MANAGEMENT ASSISTANCE PRIMARILY TO TARGETED BUSINESSES THAT WOULD OTHERWISE NOT BE ABLE TO RECEIVE FINANCING UNDER CONVENTIONAL METHODS. 5 5 0 0 0 0 1111400 592568 623939 698913 0 0 171883 177100 1907222 1468581 0 0 0 0 174113 276623 0 0 16964 892888 1139684 1067001 1416307 840221 52274 12127620 12955558 7272394 8048058 4855226 4907500 TO ESTABLISH AN ENTITY TO PROVIDE FINANCING AND MANAGEMENT ASSISTANCE PRIMARILY TO TARGETED BUSINESSES THAT WOULD OTHERWISE NOT BE ABLE TO RECEIVE FINANCING UNDER CONVENTIONAL METHODS. 0 0 1186250 876013 TO ESTABLISH AN ENTITY TO PROVIDE FINANCING AND MANAGEMENT ASSISTANCE PRIMARILY TO TARGETED BUSINESSES THAT WOULD OTHERWISE NOT BE ABLE TO RECEIVE FINANCING UNDER CONVENTIONAL METHODS. 1186250 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X JAMES THOMAS 2063244330 1437 S JACKSON STREET SEATTLE WA 98144 GEORGE STAGGERS 1.00 X 0 0 0 RACHELE S CAWARING 1.00 X 0 0 0 JOSEPHINE T MURRAY 1.00 X 0 0 0 LISA FORREST 1.00 X 0 0 0 CHARLES BLOOD 1.00 X 0 0 0 JAMES THOMAS 40.00 X 0 123335 0 0 123335 0 0 0 0 0 0 592568 592568 INTEREST & PENALTY 522100 685423 685423 OTHER PROGRAM REVENUES 522100 13490 13490 698913 177100 0 177100 177100 177100 1468581 876013 0 0 238857 145410 85748 7699 20941 12748 7518 675 16825 10243 6040 542 17498 10653 6281 564 21087 12837 7570 680 589 589 10991 6691 3946 354 17188 17188 199495 199495 227691 177183 48337 2171 68526 41717 24600 2209 2377 1447 853 77 PROVISION FOR LOAN LOSS 477911 477911 BUSINESS TAXES 45382 35785 8806 791 OTHER 31386 19107 11268 1011 LOAN EXPENSE 13642 13642 5921 3604 2126 191 1416307 1186250 213093 16964 21918 69826 2190576 1843901 40100 60000 42067 1273 7473850 8368093 2047081 495161 1620446 1551920 738663 1060545 12127620 12955558 13813 36928 7250017 7999000 8564 12130 7272394 8048058 X 3842362 3443156 1012864 1464344 4855226 4907500 12127620 12955558 52274 0 X X 0 1 1 X 1 1 X 48850 31250 35000 1111400 592568 1819068 48850 31250 35000 1111400 592568 1819068 1819068 149730 54118 102158 171883 177100 654989 2474057 3163257 0.73530 0.68620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 528583 528583 1456423 451883 1004540 62075 43278 18797 1551920 FORECLOSED REAL ESTATE ASSETS 275708 CERTIFICATE OF DEPOSIT FOR LOAN LOSS RESERVE 250053 RECEIVABLE FROM SEDA 534784 1060545 INTEREST PAYABLE 2353 VACATION PAYABLE 9777 12130 1468581 1416307 52274 52274 1468581 0 1468581 0 1468581 1416307 0 1416307 0 1416307 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES (TOPIC 740) FOR THE YEAR ENDED DECEMBER 31, 2010. TOPIC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATIONS TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2008. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CEO AND THE CONTROLLER BEFORE IT IS FILED WITH THE IRS. ALL BOARD MEMBERS ARE GIVEN A COPY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE MANAGERS ARE REQUIRED TO DISCLOSE ANY AND ALL INVESTMENTS IN RELATED ENTITIES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR AND TOP MANAGEMENT OFFICIALS IS REVIEWED AND APPROVED BY THE CCD EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 COPY SENT TO SECRETARY OF STATE IN WASHINGTON ALSO AVAILABLE UPON REQUEST THERE HAS BEEN NO CHANGE IN THIS PROCESS. SEATTLE BUSINESS ASSISTANCE CENTER 1437 S JACKSON STREET SEATTLE WA 98144 911763978 LOAN ASSISTANCE WA 501(C)(3) 170(B)(1)(A) NO 0 SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION 1437 S JACKSON STREET SEATTLE WA 98144 911764025 FINANCIAL LOANS AND FINANCIAL ADVICE WA 501(C)(3) 170(B)(1)(A) NO 0 SPOKANE NEIGHBORHOOD ECONOMIC DEVELOPMENT ALLIANCE 29 W PACIFIC SEATTLE WA 98144 912002264 FINANCING AND MANAGEMENT ASSISTANCE WA 501(C)(3) 509(A)(2) NO 0 0 1 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 SEATTLE BUSINESS ASSISTANCE CENTER B 192635 CASH RECIEPTS SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION B 35055 CASH RECIEPTS SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION D 534784 CASH RECIEPTS SEATTLE BUSINESS ASSISTANCE CENTER I 93500 CASH RECIEPTS SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION I 77500 CASH RECIEPTS SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION N 238858 CASH RECIEPTS