EVERGREEN BUSINESS CAPITAL

Address
13925 INTERURBAN AVE S RM/STE 100
SEATTLE, WA 98168
Contact
Website: http://www.evergreen504.com
Phone: +1 (206) 622-3731
Nonprofit
NTEE: S20 - Community, Neighborhood Development, Improvement (General)
EIN: 91-1118298

Mission

SMALL BUSINESS ADMINISTRATION (SBA) CERTIFIED FINANCIAL DEVELOPMENT COMPANY
 201720162015
Basic features of the organization
Year of formation1980
Subsection501(c)(4)
Organization typeCorporation
Metropolitan statistical area7602
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$337,574.00$275,766.00 
Number of employees3632 
Number of people compensated >$100k21 
Personnel
Amrine, Robin
TitleTREASURERTREASURER 
Name of key/compensated personROBIN AMRINEROBIN AMRINE 
Average hours per week working for org3.003.00 
Reportable compensation from org$7,200.00$7,094.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Barkhoff, Howard
TitleMEMBERMEMBER 
Name of key/compensated personHOWARD BARKHOFFHOWARD BARKHOFF 
Average hours per week working for org2.002.00 
Reportable compensation from org$3,484.00$4,320.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Brummel, Jack
TitleCHAIRCHAIR 
Name of key/compensated personJACK BRUMMELJACK BRUMMEL 
Average hours per week working for org3.003.00 
Reportable compensation from org$7,306.00$6,517.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Calvin, Virginia
TitleSECRETARYSECRETARY 
Name of key/compensated personVIRGINIA CALVINVIRGINIA CALVIN 
Average hours per week working for org2.002.00 
Reportable compensation from org$3,610.00$4,208.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Carroll, Rosario
TitleMEMBERMEMBER 
Name of key/compensated personROSARIO CARROLLROSARIO CARROLL 
Average hours per week working for org2.002.00 
Reportable compensation from org$5,381.00$3,482.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Houston, Tina
TitleMEMBERMEMBER 
Name of key/compensated personTINA HOUSTONTINA HOUSTON 
Average hours per week working for org2.002.00 
Reportable compensation from org$5,251.00$300.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Kibbe, Patricia
TitlePRESIDENT/CEPRESIDENT/CE 
Name of key/compensated personPATRICIA KIBBEPATRICIA KIBBE 
Average hours per week working for org40.0040.00 
Reportable compensation from org$170,520.00$132,239.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Morris, Rashad
TitleVICE CHAIRMEMBER 
Name of key/compensated personRASHAD MORRISRASHAD MORRIS 
Average hours per week working for org2.002.00 
Reportable compensation from org$3,257.00$4,562.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Peterson, Edna
TitleSVP, COO, ASVP, COO, ASS 
Name of key/compensated personEDNA PETERSONEDNA PETERSON 
Average hours per week working for org40.0040.00 
Reportable compensation from org$121,365.00$99,682.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionOfficerOfficer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Ringenbach, Jennifer
TitleMEMBERVICE CHAIR 
Name of key/compensated personJENNIFER RINGENBACHJENNIFER RINGENBACH 
Average hours per week working for org3.003.00 
Reportable compensation from org$3,000.00$6,762.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Spurling, Dave
TitleMEMBERMEMBER 
Name of key/compensated personDAVE SPURLINGDAVE SPURLING 
Average hours per week working for org3.003.00 
Reportable compensation from org$6,900.00$6,600.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Takahashi, Ken
TitleMEMBER  
Name of key/compensated personKEN TAKAHASHI  
Average hours per week working for org2.00  
Reportable compensation from org$300.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director, Officer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Purpose: mission, activities & accomplishments
Mission or significant activitiesSMALL BUSINESS ADMINISTRATION (SBA) CERTIFIED FINANCIAL DEVELOPMENT COMPANYSMALL BUSINESS ADMINISTRATION (SBA) CERTIFIED FINANCIAL DEVELOPMENT COMPANY 
Program expenses (total)$3,376,510.00$3,189,500.00 
Programs, including revenue & expenses
THE ORGANIZATION, ACCREDITED BY THE SMALL BUSINESS ADMINISTRATION (SBA), IS A CERTIFIED DEVELOPMENT COMPANY DEDICATED TO OFFERING BUSINESS CAPITAL SERVICES THAT ENHANCE SMALL BUSINESS GROWTH IN WASHINGTON, OREGON, IDAHO & ALASKA. THE ORGANIZATION FUNDED OVER 95 LOANS TOTALING 78 MILLION FOR CAPITAL PROJECTES WORTH 216 MILLION. THESE PROJECTS ARE PROJECTED TO CREATE MORE THAN 589 JOBS IN THE NEXT TWO YEARS.
Program expenses$3,376,510.00$3,189,500.00 
Program descriptionTHE ORGANIZATION, ACCREDITED BY THE SMALL BUSINESS ADMINISTRATION (SBA), IS A CERTIFIED DEVELOPMENT COMPANY DEDICATED TO OFFERING BUSINESS CAPITAL SERVICES THAT ENHANCE SMALL BUSINESS GROWTH IN WASHINGTON, OREGON, IDAHO & ALASKA. THE ORGANIZATION FUNDED OVER 95 LOANS TOTALING 78 MILLION FOR CAPITAL PROJECTES WORTH 216 MILLION. THESE PROJECTS ARE PROJECTED TO CREATE MORE THAN 589 JOBS IN THE NEXT TWO YEARS.THE ORGANIZATION, ACCREDITED BY THE SMALL BUSINESS ADMINISTRATION (SBA), IS A CERTIFIED DEVELOPMENT COMPANY DEDICATED TO OFFERING BUSINESS CAPITAL SERVICES THAT ENHANCE SMALL BUSINESS GROWTH IN WASHINGTON, OREGON, IDAHO & ALASKA. THE ORGANIZATION MADE OVER 100 LOANS TOTALING MORE THAN 81 MILLION. THE ORGANIZATION HELPED CREATE MORE THAN 777 JOBS AND ALMOST 162 MILLION IN CAPITAL IMPROVEMENTS. 
Financial data
Expense categories (totals)
Sum (total functional expenses)$5,118,648.00$4,606,428.00 
Program services (total functional expenses)$3,376,510.00$3,189,500.00 
Management & general (total functional expenses)$1,742,138.00$1,416,928.00 
Fundraising (total functional expenses)$0.00$0.00 
Revenue
Total revenue$4,916,830.00$4,880,363.00 
Program service revenue (total)$4,887,244.00$4,859,318.00$4,640,505.00
Revenue from contributions (total)  $0.00
Investment income$29,586.00$21,045.00 
Total unrelated business revenue$0.00$0.00 
Other revenue, current yr$0.00$0.00 
Total revenue from grants, etc., current yr$0.00$0.00 
Gross receipts$4,916,830.00$4,880,363.00 
Other types of revenue
Income from dividends, interest, and similar investments$29,586.00$21,045.00 
Net rental income  $0.00
Fees for services
Legal fees (total)$48,000.00$53,980.00 
Fundraising service fees (total)$0.00$0.00 
Assets and liabilities
Total assets$7,915,162.00$8,369,446.00$7,794,950.00
Total assets, beginning of year$8,369,446.00$7,794,950.00 
Total liabilities$4,262,457.00$4,514,923.00$4,214,362.00
Total liabilities, beginning of year$4,514,923.00$4,214,362.00 
Temporarily restricted net assets$299,423.00$278,703.00 
Net assets$3,652,705.00$3,854,523.00 
Net assets, beginning of year$3,854,523.00$3,580,588.00 
Other liabilities$345,563.00$483,362.00 
Intangible assets $12,411.00 
Cash: non-interest bearing$1,649,509.00$1,735,886.00 
Cash: non-interest bearing, beginning of year$1,735,886.00$1,615,733.00 
Other financial variables
Revenue less expenses-$201,818.00$273,935.00 
Advertising (total)$141,101.00$152,283.00 
Savings & temp cash investment$1,246,709.00$1,239,089.00 
Accounts receivable, net$251,392.00$280,786.00 
Prepaid expenses & deferred charges$62,733.00$48,658.00 
Accounts payable & accrued expenses$259,056.00$291,675.00 
Secured mortgages and notes payable$3,657,838.00$3,739,886.00 
Total net assets or fund balances$3,652,705.00$3,854,523.00 
Depreciation, depletion, amortization$229,905.00$219,345.00 
Governance and accountability
Number of voting members1110 
Number of independent voting members109 
Financial sheets auditedTrueTrue 
Audit on consolidated basisTrueTrue 
Tax year start date2016-10-012015-10-01 
Tax year end date2017-09-302016-09-30 
Accounting methodAccrualAccrual 
Metadata about the filing
E-return type990990 
Date e-filing submitted2018-03-272017-08-01 
IRS schema version2016v3.12015v3.0 
Filing identifier201800549349301020201700619349300535 
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