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Spokane Area Business Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911896341 ✦ Spokane, WA ✦ Designated as a 501(c)(3)

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Overview

What is Spokane Area Business Foundation?

The Spokane Area Business Foundation, located at 801 W Riverside Ave Suite 200, Spokane, WA 99201, is a nonprofit organization dedicated to enhancing the quality of life in the greater Spokane area. It achieves this mission by championing various programs that bolster education, foster civic leadership, promote cultural diversity, encourage economic and community research, and contribute to civic capital development. One of its specific initiatives is Operation Spokane Heroes: Volunteer Committee, which addresses the needs of veterans by fulfilling requests made through referrals from other veteran-serving organizations. By supporting these critical areas, the Spokane Area Business Foundation aims to positively impact its community.

Is Spokane Area Business Foundation legitimate?

Spokane Area Business Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spokane Area Business Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,000

For more financial information, click here

What is the mission statement of Spokane Area Business Foundation?

The Spokane Area Business Foundation's mission is centered around enhancing the quality of life in a broader community. By engaging in various activities, the foundation aims to bolster education, foster civic leadership, promote cultural diversity, improve economic and community research, and accumulate civic capital. The organization's purpose is to support these initiatives by building backing for relevant programs. Additionally, the foundation has a dedicated committee, Operation Spokane Heroes: Volunteer Committee, which identifies and addresses the needs of veterans, primarily based on referrals from other veteran-serving organizations.

Who is the CEO of Spokane Area Business Foundation?

Alisha Benson is the CEO of Spokane Area Business Foundation The CEO's salary of Spokane Area Business Foundation is $0 and their total compensation is $263,755.

What is the revenue of Spokane Area Business Foundation?

Spokane Area Business Foundation's revenue in 2023 was $680,248.

Who are the executives of Spokane Area Business Foundation and what are their salaries?

There 10 volunteers at Spokane Area Business Foundation.

Here are 6 key members and their salaries (Spokane Area Business Foundation's CEO's salary is $0 and their total compensation is $263,755):


Alisha Benson (Ceo & Director)
  • Compensation: $0
  • Related: $233,306
  • Other: $30,449
Carla Cicero (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Cowles (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Nemec (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcelo Morales (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Symmes (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Spokane Area Business Foundation?

Spokane Area Business Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Spokane Area Business Foundation

The Spokane Area Business Foundation, in its mission, aims to enhance the quality of life in its broader region. This is achieved by fostering support for programs that serve various sectors, including education, civic leadership, cultural diversity, economic and community research, and civic capital development. By doing so, the foundation seeks to strengthen its community and contribute to its overall progress. The foundation's activities are geared towards making a significant impact in these areas, thereby improving the region's overall well-being.

One of the ways the Spokane Area Business Foundation achieves its mission is by identifying and addressing the needs of veterans. Through its Operation Spokane Heroes: Volunteer Committee, the foundation receives referrals from organizations that cater to veterans, and it then fulfills these needs. This commitment to supporting veterans is a testament to the foundation's dedication to improving the lives of its community members, irrespective of their background or status. By addressing the needs of veterans, the Spokane Area Business Foundation is contributing to a more inclusive and supportive community.

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Impact




October, 2024

The Spokane Area Business Foundation significantly enhances the quality of life in the greater Spokane region by championing programs that strengthen education, develop civic leadership, and support cultural diversity. Its initiatives improve economic and community research while also building civic capital, which is essential for fostering a vibrant and engaged community.

One notable program, Operation Spokane Heroes, exemplifies this impact by identifying and addressing the needs of veterans through a dedicated volunteer committee. By collaborating with other organizations that provide veteran services, the Foundation ensures that essential resources and support are available to those who have served. Through these efforts, the Spokane Area Business Foundation plays a crucial role in community improvement and the overall well-being of the Spokane area.




This information is meant to be a general summary of Spokane Area Business Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$680,248 (2023)
Expenses
$97,507 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,065
  • Gross Receipts: $680,248

Assets and Liabilities:

  • Total Assets: $583,779
  • Total Liabilities: $16,860
  • Net Assets: $566,919

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Organization Details

Founding Year

1998

Principal Officer

Alisha Benson

NTEE Category

Code: S20 - Community improvement

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