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EIN 47-1151685

Rhode Island Business Development Institute

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Providence
State
Rhode Island
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
To provide micro-loans grant services to small businesses in Rhode Island. Organize educational workshops for minority entrepreneurs. Mcinority education enhancement. Minority education enhancement. Complete cdbg program.
Total revenues
$240,388
2023
Total expenses
$5,181
2023
Total assets
$1,211,149
2023
Num. employees
0
2023

Program areas at Rhode Island Business Development Institute

Provide Scholarship

Who funds Rhode Island Business Development Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundPublic, Societal Benefit$10,000
Washington Trust Charitable FoundationRi Black Business$5,000
The Beacon FoundationGeneral Support$2,000

Personnel at Rhode Island Business Development Institute

NameTitleCompensation
Lisa RanglinExecutive Director$0
Isseniel RodriguezDirector$0
Evelyn RanoneSecretary$0

Financials for Rhode Island Business Development Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$238,475
Program services$0
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$1,913
Total revenues$240,388

Form 990s for Rhode Island Business Development Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-15990View PDF
2021-122022-11-09990EZView PDF
2020-122021-08-12990EZView PDF
2019-122022-01-06990EZView PDF
...and 3 more Form 990s
Data update history
January 15, 2025
Posted financials
Added Form 990 for fiscal year 2023
October 24, 2024
Received grants
Identified 2 new grant, including a grant for $5,000 from Washington Trust Charitable Foundation
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $2,000 from The Beacon Foundation
January 1, 2024
Received grants
Identified 2 new grant, including a grant for $137,500 from The Rhode Island Foundation
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
EducationBusiness and industry
Characteristics
Partially liquidatedState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
232 Smith St
Providence, RI 02908
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
ribba.com/ 
Phone
(401) 465-3669
IRS details
EIN
47-1151685
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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