EIN 59-2169828

Business Development Board of Palm Beach County (BDB)

IRS 501(c) type
501(c)(6)
Num. employees
15
State
Year formed
1982
Most recent tax filings
2023-09-01
NTEE code, primary
Description
To stimulate economic energy, promote business diversity, and enrich the vitality of Palm Beach County through the relocation, retention, and expansion of companies to or in Palm Beach County.
Total revenues
$3,370,631
2023
Total expenses
$3,010,061
2023
Total assets
$3,868,787
2023
Num. employees
15
2023

Program areas at BDB

Business recruitment, retention, and expansion - to create high-quality jobs, diversify the economic base, and relocate new companies to Palm Beach County, as well as growth and retention of companies already located here.
Membership Development and events - engage Palm Beach County Business leaders in membership programs and events focused on economic Development issues.
Marketing - manage programs that build public awareness of Palm Beach County as a globally competitive Business location. Develop national and international media campaigns to promote the County to ceo's looking to relocate or expand their operations.

Who funds Business Development Board of Palm Beach County (BDB)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Baptist Health South FloridaincProvide Support for the Organization's Innitiatives.$10,000
Enterprise Florida (EFI)Team Florida Co-Op Grant$10,000

Personnel at BDB

NameTitleCompensation
Kelly SmallridgePresident$365,769
Gary S HinesSenior Vice President of Administration$127,056
Shereena L ColemanFormer Vice President of Business Facilitation$128,969
Timothy M DougherVice President of Business Recruitement$117,246
Lisa M AndersonVice President of Private Funding$146,565
...and 9 more key personnel

Financials for BDB

RevenuesFYE 09/2023
Total grants, contributions, etc.$1,749,291
Program services$1,444,086
Investment income and dividends$38,551
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$12,852
Net income from fundraising events$-92,349
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$218,200
Total revenues$3,370,631

Form 990s for BDB

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-12990View PDF
2022-092023-08-08990View PDF
2021-092022-08-15990View PDF
2020-092021-08-16990View PDF
2019-092022-01-27990OView PDF
...and 10 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Baptist Health South Floridainc
September 26, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Baptist Health South Floridainc
September 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 24, 2023
Updated personnel
Identified 4 new personnel
August 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsFundraising eventsState / local levelGala fundraisersFundraising races, competitions, and tournaments
General information
Address
310 Evernia St
West Palm Beach, FL 33401
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
bdb.org/ 
Phone
(561) 835-1008
Facebook page
bdbpbc 
Twitter profile
@bdbpalmbeach 
IRS details
EIN
59-2169828
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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