2023-11-03T10:20:40-05:00 2022-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2022-01-01 814001005 BIN SBA LOAN BINS 2063244330 12720 GATEWAY DR S 270 TUKWILA WA 98166 JOE SKY-TUCKER PRESIDENT/CEO 2063244330 2023-11-03 1 JOE SKY-TUCKER 999009999 1 EMINA O CRESSWELL CPA P01217304 5097472600 2023-11-03 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JOE SKY-TUCKER 12720 GATEWAY DR S 270 TUKWILA WA 98166 19801 0 X N/A X 2016 WA BUSINESS IMPACT NW GROWS BUSINESSES THAT CREATE JOBS IN UNDERSERVED COMMUNITIES. 9 9 0 10 0 0 34356 0 0 19801 0 0 177 0 34533 19801 0 0 0 0 68763 58913 0 0 0 13279 6399 82042 65312 -47509 -45511 719447 581182 570260 512352 149187 68830 TO PROVIDE LOAN FINANCING AND SUPPORT TO SERVE THE NEEDS OF AND BENEFIT SMALL BUSINESS AND RESIDENTS IN THE STATE OF WASHINGTON. 0 0 63850 0 19801 TO PROVIDE LOAN FINANCING AND SUPPORT TO SERVE THE NEEDS OF AND BENEFIT SMALL BUSINESS AND RESIDENTS IN THE STATE OF WASHINGTON. 63850 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X JOE SKY-TUCKER 2063244330 12720 GATEWAY DR S 270 TUKWILA WA 98166 ZMOLEK JOHN BOARD CHAIR 1.00 1.00 X X 0 0 0 ENZI JESSICA BOARD VICE CHAIR 1.00 1.00 X X 0 0 0 BALL KELLEN SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 BERQUIST TOM DIRECTOR 0.50 0.50 X 0 0 0 HA PETER DIRECTOR 0.50 0.50 X 0 0 0 HALL KD DIRECTOR 0.50 0.50 X 0 0 0 KIRKBRIDE PAUL DIRECTOR 0.50 0.50 X 0 0 0 SUKHUN MUNZER DIRECTOR 0.50 0.50 X 0 0 0 WALLACE LORRI DIRECTOR 0.50 0.50 X 0 0 0 WATSON HEYWARD DIRECTOR (THRU 2/22) 0.50 0.50 X 0 0 0 SKY-TUCKER JOE PRESIDENT/CEO 1.00 40.00 X 0 119773 17471 0 119773 17471 0 0 0 0 0 SBA LOAN INTEREST 523940 19801 19801 19801 19801 19801 0 0 47406 47406 7129 7129 4378 4378 633 633 2528 2528 716 716 PROVISION FOR LOAN LOSS 2409 2409 B&O TAXES 113 113 65312 63850 1462 0 487136 237537 226622 343645 5689 719447 581182 2071 0 568189 512352 570260 512352 X 149187 68830 149187 68830 719447 581182 X -45511 -34846 X 0 1 X 1 1 1 X 56493 50963 38557 34356 19801 200170 56493 50963 38557 34356 19801 200170 0 12043 15898 13091 8387 5097 54516 12043 15898 13091 8387 5097 54516 145654 387 311 279 177 1154 56880 51274 38836 34533 19801 201324 0.72350 0.75370 0.00000 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 387. 2019 AMOUNT: $ 311. 2020 AMOUNT: $ 279. 2021 AMOUNT: $ 177. 2022 AMOUNT: $ 0. 0 X PART X, LINE 2: BIN IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). HOWEVER, BIN REMAINS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS TAKEN AS A WHOLE. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE SHAREHOLDER IS BUSINESS IMPACT NW. FORM 990, PART VI, SECTION A, LINE 7A THE SHAREHOLDERS HAVE THE POWER TO ELECT DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B SHAREHOLDERS EACH HAVE ONE VOTE PER SHARE HELD TO VOTE ON GOVERNING DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CEO BEFORE IT IS FILED WITH THE IRS; ALL BOARD MEMBERS ARE GIVEN A COPY OF THE 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD HAS A PRACTICE THAT IT IS THE RESPONSIBILITY OF ALL INTERESTED PERSONS TO CONTINUALLY MONITOR AND DISCLOSE ANY NEW OR POTENTIAL CONFLICT OF INTEREST CONCERNS ON AN ONGOING BASIS. WHEN A CONFLICT OF INTEREST OCCURS, THE BOARD DETERMINES IF THERE WOULD BE A MORE ADVANTAGEOUS TRANSACTION THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF NOT ADVANTAGEOUS THEN THE BOARD WILL VOTE ON WHETHER TO ENTER INTO THE CONFLICT OF INTEREST TRANSACTION, THE PERSON OF CONFLICT WILL NOT TAKE PART IN THE VOTE. IF A CONFLICT OF INTEREST IS NOT DISCLOSED THEN THE BOARD WILL DETERMINE IF THERE IS REASONABLE CAUSE FOR FAILURE TO DISCLOSE. IF NOT, THEN APPROPRIATE AND CORRECTIVE ACTION IS TAKEN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN UNRESTRICTED NET ASSETS -34,846. BUSINESS IMPACT NW 12720 GATEWAY DR S SUITE 270 TUKWILA WA 98166 911764008 LOAN SERVICES WA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0