NonprofitsWilliam M Factory Small Business Incubator

Community Improvement & Capacity Building

William M Factory Small Business Incubator

TACOMA, WA

Total revenue

$587K

Total expenses

$283K

Net assets

$3.4M

Grants received

$66K

3 grants

EIN

911373010

Tax year

2024

Mission

The Incubator promotes community revitalization through the startup and expansion of small business enterprises, particularly for underrepresented entrepreneurs.

Financials

FY 2024

Revenue

Contributions & grants$216K
Program service revenue
Investment income$371K
Other revenue
Total revenue$587K

Expenses

Grants paid$34K
Salaries & benefits$194K
Fundraising
Other expenses$55K
Total expenses$283K
Total assets$3.4M
Net assets$3.4M

People

9 listed

NameRoleCompensation

Tim Strege

Executive Director

Board

$86K

40 hrs/wk

Dennis Joyce

Chair, Board Director

Board

1 hrs/wk

Arti O'Brien

Vice- Chair, Board Director

Board

1 hrs/wk

Chelsea Bjorkman

Secretary/Treasurer, Board Director

Board

1 hrs/wk

Andrea Pace

Board Director

Board

1 hrs/wk

Melissa Littleton

Director

Board

1 hrs/wk

David Evans

Director

Board

1 hrs/wk

Will Manzanares

Director

Board

1 hrs/wk

Erika Bartlett

Director

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$10K
MICROENTERPRISE DEVELOPMENT
2022

Funded by

$66K from 1 funder · 3 grants · 2022–2024

Washington State Microenterprise

$66K · 3 grants · 2022–2024

Details

EIN911373010
NTEE codeS31
Subsection03
Ruling date1996-02
Formed1986
Employees2
Volunteers50
WILLIAM M FACTORY SMALL BUSINESS INCUBATOR — Mission, Financials & Grants Received | Grantivo