EIN 45-1454867

Rhode Island Black Business Association

IRS 501(c) type
501(c)(6)
Num. employees
9
Year formed
2011
Most recent tax filings
2022-12-01
Description
The Rhode Island Black Business Association is a non-profit organization dedicated to advancing the opportunities and vitality of Black and minority businesses and professionals in RI. Its mission is to help Black and minority businesses grow and scale through access to capital, business development resources, entrepreneur training, as well as one-on-one business development assistance. Additionally, it has a career development initiative focused on supporting young adults on their academic career journey through access to mentors, financial literacy, scholarships, and skills training.
Total revenues
$986,623
2022
Total expenses
$798,585
2022
Total assets
$1,433,712
2022
Num. employees
9
2022

Program areas at Rhode Island Black Business Association

Program and services deisgned to help black businesses grow with one-on one business development assistance

Who funds Rhode Island Black Business Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Local Initiatives Support CorporationSee Part Iv$56,700
Partnership for Rhode IslandGrant$50,000
Social Enterprise GreenhouseSupport$50,000
...and 2 more grants received

Personnel at Rhode Island Black Business Association

NameTitleCompensation
Lisa RanglinExecutive Director$0
Darrell MooreBoard Member$0
Berry-Jean MurrayDirector$0

Financials for Rhode Island Black Business Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$866,716
Program services$0
Investment income and dividends$6,678
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$113,229
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$986,623

Form 990s for Rhode Island Black Business Association

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-10990View PDF
2020-122021-07-23990EZView PDF
2018-122020-01-30990EZView PDF
2017-122019-02-21990EZView PDF
...and 4 more Form 990s
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Received grants
Identified 2 new grant, including a grant for $50,000 from Partnership for Rhode Island
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 4, 2023
Updated personnel
Identified 12 new personnel
July 22, 2023
Received grants
Identified 2 new grant, including a grant for $103,000 from Ralph R Papitto and Barbara A Papitto Private Family Foundation
Nonprofit Types
Trade associationsBusiness and community development organizations
Issues
EducationAfrican AmericansBusiness and industry
Characteristics
Partially liquidatedFundraising eventsOperates internationallyState / local levelReceives government fundingGala fundraisers
General information
Address
3 Regency Plaza East Apt 3
Providence, RI 02903
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
ri-bba.org/ 
Phone
(401) 465-3669
IRS details
EIN
45-1454867
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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