BUSINESS IMPACT NW: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BUSINESS IMPACT NW (EIN 91-1764008)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-10
- IRS object ID
- 201103149349301645
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-10T12:03:52-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NORTHUP WAY SUITE 200 | AddressLine1 |
| City | BELLEVUE | City |
| State | WA | State |
| ZIP Code | 980041446 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911764008 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEATTLE ECONOMIC DEVELOPMENT FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SEAT | NameControl |
| Phone | 2063244330 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1437 S JACKSON STREET | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 98144 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES L THOMAS | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 2063244330 | Phone |
| Date Signed | 2011-10-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JASON FILIPPINI | Name |
| Phone | 4252506100 | Phone |
| Date Prepared | 2011-10-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES L THOMAS | NameOfPrincipalOfficerPerson |
| Gross Receipts | 1907222 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1997 | YearFormation |
| State Legal Domicile | WA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 18 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 35000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1111400 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 724050 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 623939 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 102158 | OtherRevenuePriorYear |
| Other Revenue Current Year | 171883 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 861208 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1907222 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 434027 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 174113 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 8628 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2015455 | OtherExpensePriorYear |
| Other Expenses Current Year | 892888 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2449482 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1067001 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1588274 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 840221 | RevenuesLessExpensesCY |
| Total Assets BOY | 11063151 | TotalAssetsBOY |
| Total Assets EOY | 12127620 | TotalAssetsEOY |
| Total Liabilities BOY | 7048146 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7272394 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4015005 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4855226 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 881420 | Expense |
| Revenue | 1907222 | Revenue |
| Description | 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. | Description |
| Total Program Service Expense | 881420 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 18 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAMES THOMAS | NamePerson |
| Telephone Number | 2063244330 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1437 S JACKSON STREET | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 98144 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| RACHELE S CAWARING | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MINA YOO | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| LISA FORREST | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| PATRICIA L ROGERS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CHARLES BLOOD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| GEORGE STAGGERS | ||||||
| VICE PRESIDENT | 1.00 | 0 | 0 | 0 | X | |
| JOSEPHINE T MURRAY | ||||||
| PRESIDENT | 1.00 | 0 | 0 | 0 | X | |
| JAMES THOMAS | ||||||
| EXECUTIVE DIRECTOR | 40.00 | 14587 | 97222 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 14587 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 97222 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 986400 | GovernmentGrants |
| All Other Contributions | 125000 | AllOtherContributions |
| Total Contributions | 1111400 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INTEREST & PENALTY | 522100 | 585259 | 585259 |
| OTHER PROGRAM REVENUES | 522100 | 38680 | 38680 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 623939 | TotalProgramServiceRevenue |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 171883 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 171883 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 171883 | TotalRevenueColumn |
| Related Or Exempt Function Income | 171883 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1907222 | TotalRevenueColumn |
| Related Or Exempt Function Income | 795822 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14587 | Total |
| Management And General | 14587 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76477 | Total |
| Program Services | 67428 | ProgramServices |
| Management And General | 8138 | ManagementAndGeneral |
| Fundraising | 911 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73804 | Total |
| Program Services | 54648 | ProgramServices |
| Management And General | 18418 | ManagementAndGeneral |
| Fundraising | 738 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9245 | Total |
| Program Services | 6846 | ProgramServices |
| Management And General | 2307 | ManagementAndGeneral |
| Fundraising | 92 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29694 | Total |
| Program Services | 21987 | ProgramServices |
| Management And General | 7410 | ManagementAndGeneral |
| Fundraising | 297 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14533 | Total |
| Program Services | 10761 | ProgramServices |
| Management And General | 3627 | ManagementAndGeneral |
| Fundraising | 145 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1697 | Total |
| Program Services | 1697 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13423 | Total |
| Program Services | 9939 | ProgramServices |
| Management And General | 3350 | ManagementAndGeneral |
| Fundraising | 134 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10405 | Total |
| Program Services | 9249 | ProgramServices |
| Management And General | 1111 | ManagementAndGeneral |
| Fundraising | 45 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 194161 | Total |
| Program Services | 194161 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 363065 | Total |
| Program Services | 271402 | ProgramServices |
| Management And General | 86652 | ManagementAndGeneral |
| Fundraising | 5011 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68259 | Total |
| Program Services | 50544 | ProgramServices |
| Management And General | 17034 | ManagementAndGeneral |
| Fundraising | 681 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2805 | Total |
| Program Services | 2077 | ProgramServices |
| Management And General | 700 | ManagementAndGeneral |
| Fundraising | 28 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BAD DEBTS | 100736 | 100736 | ||
| BUSINESS TAXES | 43422 | 32152 | 10836 | 434 |
| PROVISION FOR LOAN LOSS | 22760 | 22760 | ||
| LOAN EXPENSE | 16774 | 16774 | ||
| OTHER | 7499 | 5553 | 1871 | 75 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3655 | Total |
| Program Services | 2706 | ProgramServices |
| Management And General | 912 | ManagementAndGeneral |
| Fundraising | 37 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1067001 | Total |
| Program Services | 881420 | ProgramServices |
| Management And General | 176953 | ManagementAndGeneral |
| Fundraising | 8628 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 636234 | BOY |
| EOY | 21918 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99000 | BOY |
| EOY | 2190576 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 40100 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9107 | BOY |
| EOY | 42067 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8159452 | BOY |
| EOY | 7473850 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1350 | BOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2047081 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 426635 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1688706 | BOY |
| EOY | 1620446 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 469302 | BOY |
| EOY | 738663 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11063151 | BOY |
| EOY | 12127620 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11972 | BOY |
| EOY | 13813 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7011541 | BOY |
| EOY | 7250017 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24633 | BOY |
| EOY | 8564 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7048146 | BOY |
| EOY | 7272394 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4015005 | BOY |
| EOY | 3842362 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1012864 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4015005 | BOY |
| EOY | 4855226 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11063151 | BOY |
| EOY | 12127620 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 840221 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 75000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 48850 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 31250 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 35000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1111400 | CurrentTaxYear |
| Total | 1301500 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 835923 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 810283 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 306072 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 724050 | CurrentTaxYearMinus1Year |
| Current Tax Year | 623939 | CurrentTaxYear |
| Total | 3300267 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 910923 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 859133 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 337322 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 759050 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1735339 | CurrentTaxYear |
| Total | 4601767 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 4601767 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 117164 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 149730 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 54118 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 102158 | CurrentTaxYearMinus1Year |
| Current Tax Year | 171883 | CurrentTaxYear |
| Total | 595053 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 117164 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 149730 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 54118 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 102158 | CurrentTaxYearMinus1Year |
| Current Tax Year | 171883 | CurrentTaxYear |
| Total | 595053 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1028087 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1008863 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 391440 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 861208 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1907222 | CurrentTaxYear |
| Total | 5196820 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.88550 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.90900 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.11450 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.09100 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 528583 | InvestmentCostOrOtherBasis |
| Book Value | 528583 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1456423 | InvestmentCostOrOtherBasis |
| Depreciation | 392883 | Depreciation |
| Book Value | 1063540 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 62075 | InvestmentCostOrOtherBasis |
| Depreciation | 33752 | Depreciation |
| Book Value | 28323 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1620446 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| FORECLOSED REAL ESTATE ASSETS | 275708 |
| CERTIFICATE OF DEPOSIT FOR LOAN LOSS RESERVE | 276400 |
| RECEIVABLE FROM SEDA | 186555 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 738663 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST PAYABLE | $5,090 |
| VACATION PAYABLE | $3,474 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8564 | TotalOfAmounts |
| Total Revenue | 1907222 | TotalRevenue |
| Total Expenses | 1067001 | TotalExpenses |
| Excess Or Deficit For Year | 840221 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 840221 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1907222 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1907222 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1907222 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1067001 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1067001 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1067001 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | SEDF IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE. SEDF ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2010. TOPIC 740 CLAIRIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATIONS'S TAX POSITIONS AND CONCLUDED THAT SEDF HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. SEDF IS NO LONGER SUBJECT TO TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2007. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF QUALIFIED HEALTH PLANS | FORM 990, PART V, LINE 13A | 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 2007. |
| 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 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (7 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| SEATTLE BUSINESS ASSISTANCE CENTER | ||
| B | 184427 | CASH RECIEPTS |
| SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION | ||
| B | 178637 | CASH RECIEPTS |
| SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION | ||
| D | 186555 | CASH RECIEPTS |
| SEATTLE BUSINESS ASSISTANCE CENTER | ||
| I | 70483 | CASH RECIEPTS |
| SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION | ||
| I | 91000 | CASH RECIEPTS |
| SEATTLE BUSINESS ASSISTANCE CENTER | ||
| N | 14587 | CASH RECIEPTS |
| SEATTLE ECONOMIC DEVELOPMENT ASSOCIATION | ||
| N | 14587 | CASH RECIEPTS |
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