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EIN 85-3125463

Beverly Gray Business Exchange Center

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Buffalo
State
New York
Year formed
2021
Most recent tax filings
2023-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Beverly Gray Business Exchange Center serves as an entrepreneur service organization that specifically aims to cater to the underrepresented and BIPOC entrepreneurial community in Buffalo, NY. Its mission revolves around being a conduit for business development and growth for new and existing entrepreneurs. The center believes in equity, making it a premier spot for anyone looking to start a business venture.
Total revenues
$553,762
2023
Total expenses
$494,438
2023
Total assets
$417,821
2023
Num. employees
4
2023

Program areas at Beverly Gray Business Exchange Center

The Exchange at Beverly Gray began development of its operations in fiscal 2022 to establish a premier entrepreneur service organization specifically serving the underrepresented and bipoc entrepreneurial community in buffalo, ny. The Exchange aims to be a conduit for Business development and growth for new and existing entrepreneurs, creating a pathway to attaining generational wealth while building the local community.

Personnel at Beverly Gray Business Exchange Center

NameTitleCompensation
Derrick ParsonExecutive Director$97,529
Hollis Deabreu DavisChair$0
Derrick ParsonPast Executive Director$0

Financials for Beverly Gray Business Exchange Center

RevenuesFYE 06/2023
Total grants, contributions, etc.$529,000
Program services$24,762
Investment income and dividends$0
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$553,762

Form 990s for Beverly Gray Business Exchange Center

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-02990View PDF
2022-062023-05-12990View PDF

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Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 2 new personnel
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 9 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
334 E Utica St
Buffalo, NY 14208
Metro area
Buffalo-Cheektowaga, NY
County
Erie County, NY
Website URL
theexchangeatbeverlygray.org/ 
Phone
(716) 800-2170
IRS details
EIN
85-3125463
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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