EIN 65-0179159

Florida Business Development Corporation

IRS 501(c) type
501(c)(4)
Num. employees
56
City
State
Year formed
1989
Most recent tax filings
2023-09-01
Description
Florida Business Development Corporation helps healthy, growing small businesses access capital through SBA 504, Community Advantage, and Direct Loan programs. It has been approved by the SBA as a Section 504 Certified Development Corporation and provides financial assistance and long-term financing to retain and create jobs and build the local economy. The corporation is also ranked as the second most active CDC in Florida.
Total revenues
$13,374,087
2023
Total expenses
$11,234,305
2023
Total assets
$36,221,825
2023
Num. employees
56
2023

Program areas at Florida Business Development Corporation

The corporation is approved by the sba as a section 504 certified Development corporation. Financial assistance and long-term financing are provided to businesses to retain and create jobs and build the local economy. The corporation is the second most active certified Development company nationwide for the fiscal year ended september 2023 and during the past 34 years has originated over 8,047 small Business loans resulting in over $12.7 billion in approved projects and contributed to the retention of thousands of jobs.

Grants made by Florida Business Development Corporation

GranteeGrant descriptionAmount
Embarc Collective Tampa BayEconomic Development$100,000
Hispanic Business Initiative FundEconomic Development$100,000
Greater Tampa Chamber of Commerce FoundationEconomic Development$100,000
...and 4 more grants made

Personnel at Florida Business Development Corporation

NameTitleCompensation
Robert ZinkilChief Operating Officer and Executive Vice President$354,005
Rai L DonelsonVice President and Chief Commercial Officer$154,706
Brian JoinerVice President$152,334
Johann SchnellHce$124,900
William R HabermeyerPresident , Treasurer$515,625
...and 22 more key personnel

Financials for Florida Business Development Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$12,900,580
Investment income and dividends$297,684
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$175,823
Total revenues$13,374,087

Form 990s for Florida Business Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-03-25990View PDF
2022-092023-04-05990View PDF
2021-092022-03-14990View PDF
2020-092021-04-02990View PDF
2019-092020-08-21990View PDF
...and 9 more Form 990s

Organizations like Florida Business Development Corporation

OrganizationLocationRevenue
NM Small Business Investment CorporationTijeras, NM$8,947,897
Arizona Capital SourceTucson, AZ$4,460,265
WBDMadison, WI$9,133,880
Accion Opportunity Fund Community DevelopmentSan Jose, CA$50,501,448
TMC FinancingOakland, CA$21,879,934
Florida First Capital Finance CorporationTallahassee, FL$12,823,592
CLIMB FundCharleston, SC$5,137,686
Minnesota Business Finance CorporationSaint Cloud, MN$4,245,343
AccessitySan Diego, CA$5,295,637
Somercor 504Chicago, IL$7,033,646
Data update history
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
State / local level
General information
Address
1715 N Westshore Blvd Suite 780
Tampa, FL 33607
Metro area
Tampa-St. Petersburg-Clearwater, FL
County
Hillsborough County, FL
Website URL
fbdc.net/ 
Phone
(813) 348-0660
IRS details
EIN
65-0179159
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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