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EIN 59-3179911

Black Business Community Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Orlando
State
Florida
Year formed
1993
Most recent tax filings
2023-09-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
BBCDC supports African American business development, provides assistance to minority-owned businesses, and hosts sessions for financial technical assistance services.
Also known as...
Black Business Capital Financing Corporation
Total revenues
$680,919
2023
Total expenses
$2,848,216
2023
Total assets
$2,237,735
2023
Num. employees
1
2023

Program areas at Black Business Community Development Corporation

BBCDC, provided critical financial technical assistance services to Black, minority and other underserved small businesses throughout Florida. In FY 2022-2023, BBCDC was intentional in providing financial literacy and educational workshops that equipped business owners with the necessary tools and knowledge to navigate and capitalize on current economic opportunities. These businesses received 917 training hours and 499 training sessions. Through ongoing charitable support, BBCDC is poised for greater impact in the Southeast region. A joint effort with its affiliate BBIF will enhance BBCDC's ability to offer localized financial assistance, fostering an enviroment where more businesses can prosper.

Grants made by Black Business Community Development Corporation

GranteeGrant descriptionAmount
Black Business Investment FundBusiness Loans and Assistance$2,000,500

Who funds Black Business Community Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Central Florida Foundation$342,700
The Aspen InstituteSupport Community Development Financial Institutions$190,000
Charities Aid Foundation of AmericaCharitable Donation$25,000
...and 1 more grant received

Financials for Black Business Community Development Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$679,426
Program services$0
Investment income and dividends$1,493
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$680,919
Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2024
Received grants
Identified 7 new grant, including a grant for $1,500,000 from Truist Foundation
October 25, 2023
Received grants
Identified 1 new grant, including a grant for $6,500 from Central Florida Foundation
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 4, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementHousingAfrican AmericansBusiness and industry
Characteristics
Receives government fundingManagement and technical assistanceTax deductible donations
General information
Address
301 E Pine St
Orlando, FL 32824
Metro area
Orlando-Kissimmee-Sanford, FL
County
Orange County, FL
Phone
(407) 649-4780
IRS details
EIN
59-3179911
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1993
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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