Skip to main content

Nonprofit · EIN 94-3138514

GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND

Tax-exempt · SEATTLE, WA 98122

Financials

$1.3M$1.1M2023$1.4M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,355,318$1,217,008$138,310$4,901,003$153,598$4,747,405
December 31, 2023990$1,307,039$1,113,002$194,037$4,515,767$90,239$4,425,528
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,267,023
of which government grants
$33,676
Program service revenue
$0
Investment income
$94,820
Net income from fundraising events
-$36,925
Net income from gaming
$16,000
Other revenue
-$6,525

Expenses

Grants and similar amounts paid
$552,724
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$5,000
Accounting fees
$3,830
Travel
$219
Program services (functional)
$1,026,485
Management and general (functional)
$71,232
Fundraising (functional)
$119,291

Balance sheet and other

Total assets, start of year
$4,515,767
Total assets, end of year
$4,901,003
Total liabilities, end of year
$153,598
Net assets, end of year
$4,747,405
Publicly traded securities
$2,908,356
Net assets without donor restrictions
$2,681,922
Net assets with donor restrictions
$2,065,483
Gross receipts
$1,680,404
Employees
0
Volunteers
130
Year formed
1990
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Ilona LohreyPresident & CEO
Officer
19$0$173,412$10,486
Rachel CherninVP Ops. & Fin.
Officer
19$0$117,509$9,771
Christopher MarcacciDeputy Director20$0$107,515$5,986
Eve HwangChair
Trustee or director, Officer
5$0$0$0
Roby SchapiraVice Chair
Trustee or director, Officer
5$0$0$0
Susan FullerSecretary
Trustee or director, Officer
5$0$0$0
Jordie NethTreasurer
Trustee or director, Officer
3$0$0$0
Eli AllisonDirector
Trustee or director
2$0$0$0
David BlandfordDirector
Trustee or director
2$0$0$0
Christopher CanlasDirector
Trustee or director
2$0$0$0
Carrie CarsonDirector
Trustee or director
5$0$0$0
Leda ChahimDirector
Trustee or director
2$0$0$0
Danny CordsDirector
Trustee or director
2$0$0$0
Linda Di Lello-MortonDirector
Trustee or director
2$0$0$0
Roz EdisonDirector
Trustee or director
2$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
Jenny HardingDirector
Trustee or director
2$0
Hayden HarveyDirector
Trustee or director
2$0
Andrew HeldDirector
Trustee or director
2$0
James HingDirector
Trustee or director
2$0
Carole LockhartDirector
Trustee or director
2$0
Jaimee MarshDirector
Trustee or director
1$0
Mike NovasioDirector
Trustee or director
2$0
Dustin O'QuinnDirector
Trustee or director
2$0
Karen OlsonDirector
Trustee or director
2$0
Nat Stratton-ClarkDirector
Trustee or director
2$0
Andrew WilsonDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ILONA LOHREYPRESIDENT AND CEO
Officer
19$0$173,412$10,486
RACHEL CHERNINVP OPERATIONS AND FINANCE DIRECTOR
Officer
19$0$117,509$9,771
EWE HWANGCHAIR
Trustee or director, Officer
5$0$0$0
MASOUD TORABICHAIR SCHOLARSHIP FUND
Trustee or director, Officer
3$0$0$0
BARB WILSONCHAIR PUBLIC POLICY
Trustee or director, Officer
5$0$0$0
ROBY SCHAPIRAVICE CHAIR
Trustee or director, Officer
5$0$0$0
SUSAN FULLERSECRETARY
Trustee or director, Officer
5$0$0$0
JORDIE NETHTREASURER
Trustee or director, Officer
3$0$0$0
ELI ALLISONDIRECTOR
Trustee or director
2$0$0$0
DAVID BLANDFORDDIRECTOR
Trustee or director
2$0$0$0
CARRIE CARSONDIRECTOR
Trustee or director
5$0$0$0
LEDA CHAHIMDIRECTOR
Trustee or director
2$0$0$0
DANNY CORDSDIRECTOR
Trustee or director
2$0$0$0
STEPHANIE DALLASDIRECTOR
Trustee or director
3$0$0$0
LINDA DI LELLO-MORTONDIRECTOR
Trustee or director
2$0$0$0
ROZ EDISONDIRECTOR
Trustee or director
2$0$0$0
JENNY HARDINGDIRECTOR
Trustee or director
2$0$0$0
ANDREW HELDDIRECTOR
Trustee or director
2$0$0$0
JAMES HINGDIRECTOR
Trustee or director
2$0$0$0
JAMIEE MARSHDIRECTOR
Trustee or director
1$0$0$0
MIKE NOVASIODIRECTOR
Trustee or director
2$0$0$0
DUSTIN O'QUINNDIRECTOR
Trustee or director
2$0$0$0
TRISTEN PAMPHLET-GARDNERDIRECTOR
Trustee or director
2$0$0$0
NAT STRATTON-CLARKEDIRECTOR
Trustee or director
2$0$0$0
ANDREW WILSONDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
400 E PINE ST STE 322, SEATTLE, WA 98122-2300
Principal officer (990 for 2024)
Ilona Lohrey, 400 E Pine St 322, Seattle, WA 98122
Signed the 990
Jordie Neth, Treasurer
Phone
(206) 363-9188
Return prepared by
JACOBSON LAWRENCE & ASSOCIATES PLLC

Mission

To provide undergraduate, graduate and trade scholarships and leadership development for LGBTQ and allied students.

990 for the year ended December 31, 2024

Program accomplishments

  • Scholarships Awarded: GSBA supports LGBTQ+ and allied students who demonstrate the vision and the ability to truly make a difference in the world. With a GSBA scholarship, students are able to focus more wholly on their academic pursuits. With the financial burden lightened, they are able to work one less job, avoid debt and involve themselves in community activities.
    Expenses $552,724 · grants $552,724
  • Outreach and Education: Scholars engage in workshops facilitated by GSBA Business Members, former GSBA Scholars, elected officials, and other community leaders centered around developing and growing their personal, professional, and community leadership.
    Expenses $473,761

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-3138514
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,901,003
Income (IRS master file)
$1,680,404

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,355,318$1,217,008$4,901,003XML
990December 2023$1,307,039$1,113,002$4,515,767XML
990December 2022$1,043,551$1,382,581$4,152,854IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-3138514).

Questions about GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND

What is the EIN of GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND?
The employer identification number (EIN) of GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND is 94-3138514.
Is GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND?
The 990 for the year ended December 31, 2024 names Ilona Lohrey.
Who are the officers and directors of GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND?
The 990 for the year ended December 31, 2024 lists 26 people; 0 received compensation from the organization.
How much revenue does GREATER SEATTLE BUSINESS ASSOC SCHOLARSHIP FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,355,318, expenses of $1,217,008 and total assets of $4,901,003 at year end.

Other nonprofits in SEATTLE

All nonprofits in SEATTLE · Washington