EIN 91-1373010

William M Factory Small Business Incubator

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Year formed
1986
Most recent tax filings
2024-06-01
Description
William M Factory Small Business Incubator promotes community and economic revitalization by assisting underrepresented and disadvantaged small business enterprises. In the most recent fiscal year, it provided workshops and one-on-one counseling to over 300 entrepreneurs on business topics such as finance, marketing, technology, and industry networking.
Also known as...
William Factory Small Business Incubator; Tacoma-Pierce County Small Business Incubator
Total revenues
$556,954
2024
Total expenses
$253,718
2024
Total assets
$3,111,610
2024
Num. employees
4
2024

Program areas at William M Factory Small Business Incubator

During the most recent fiscal year, the Incubator assisted over 300 entrepreneurs with workshops on business topics including finance, marketing, technology and industry networking. The Incubator also enrolled over 100 entrepreneurs for one-on-one counseling on their emerging enterprises and provided mentors, faculty referrals and other business resources. The Incubator and Tacoma Community College sponsored an Idea & Pitch Competition that attracted 20 applicants that received training on presentation skills and preparation for venture investments.

Who funds William M Factory Small Business Incubator

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Washington State Microenterprise Association (WSMA)Microenterprise Development$10,000
AmazonSmile FoundationGeneral Support$5

Personnel at William M Factory Small Business Incubator

NameTitleCompensation
Tim StregeExecutive Director$85,670
Giang NguyenDirector of Outreach and Engagement
Jim WaltonBoard Vice - Chair$0
Tyler ShilitoBoard Chair$0
Jim AmsbaryBoard Secretary and Treasurer$0

Financials for William M Factory Small Business Incubator

RevenuesFYE 06/2024
Total grants, contributions, etc.$157,978
Program services$0
Investment income and dividends$398,976
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$556,954

Form 990s for William M Factory Small Business Incubator

Fiscal year endingDate received by IRSFormPDF link
2024-062024-09-26990View PDF
2023-062023-11-10990View PDF
2022-062022-10-28990View PDF
2021-062022-05-09990View PDF
2020-062022-05-25990View PDF
...and 10 more Form 990s

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Virginia Highlands Small Business IncubatorAbingdon, VA$430,604
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Data update history
April 23, 2024
Updated personnel
Identified 1 new personnel
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Washington State Microenterprise Association (WSMA)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Economic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
8340 Sixth Ave
Tacoma, WA 98465
Metro area
Seattle-Tacoma-Bellevue, WA
County
Pierce County, WA
Website URL
williamfactory.com/ 
Phone
(253) 722-5800
IRS details
EIN
91-1373010
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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