Overview

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Est.

1997

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW is a nonprofit focused on economic development and community organizing, with a mission to grow businesses that create jobs in underserved communities. In filing year 2024, it reported an operating budget of $8.8M and total revenue of $9.1M, with top funding from CREDIT UNIONS IN THE STATE OF WASHINGTON ($1.4M, 2024), JPMORGAN CHASE FOUNDATION ($500K, 2020), and HARBORSTONE CREDIT UNION ($396.3K, 2024).

Mission Statement

BUSINESS IMPACT NW GROWS BUSINESS THAT CREATE JOBS IN UNDERSERVED COMMUNITIES.
Revenues
$9.1M
Expenses
$8.9M
Net Income:
+$265.6K
Assets
$29.5M
Liabilities
$20.9M
Net Assets:
+$8.7M
Operating Budget
$8.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$25K
Largest grant received
$278K
J
Joseph Sky-Tucker
Board Member
J
John Zmolek
Board Member
L
Lorri Wallace
Board Member
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  • 22 funders
  • 60 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW’s budget?
In 2024, SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW reported an annual operating budget of around $8.8 million. More detailed financial information is available to registered users.
What causes does SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW support?
SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW supports work in Economic development and Community organizing.
Where does SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW operate?
SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW is headquartered in Tukwila, WA.
Who funded SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW recently?
In 2025, SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CREDIT UNIONS IN THE STATE OF WASHINGTON, and HARBORSTONE CREDIT UNION. More information on this organization’s funders is available to registered users.
What is the largest grant SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW received in 2024?
The largest grant to SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW in 2024 exceeds $278 thousand.
What is SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW’s reliance on government grants?
SEATTLE ECONOMIC DEVELOPMENT FUND BUSINESS IMPACT NW relied on government grants for more than 45% of their total revenue in 2024.