EIN 59-3001127

Northwest Florida Black Business Investment Corporation

IRS 501(c) type
501(c)(4)
Num. employees
0
State
Year formed
1991
Most recent tax filings
2021-12-01
Description
Northwest Florida Black Business Investment Corporation is a small business development organization in Tallahassee, FL whose mission is: To facilitate the financing of projects undertaken by african-americans.
Total revenues
$144,793
2021
Total expenses
$86,223
2021
Total assets
$4,322,118
2021
Num. employees
0
2021

Program areas at Northwest Florida Black Business Investment Corporation

This organization facilitates the financing of projects for the development of businesses owned and operated by african-americans. A capital fund has been created to provide loans to developing, minority-owned businesses. Currently, the organization holds 24 secured notes to african-american owned businesses.

Personnel at Northwest Florida Black Business Investment Corporation

NameTitleCompensation
Sherwood BrownExecutive Director / Interim President / Secretary$52,000
Ronnie AdamsVice - Chairman$0
Keithen MathisTreasurer / Director$0
Keith BowersVice Chair / Director$0
JB WilliamsPresident$88,898
...and 2 more key personnel

Financials for Northwest Florida Black Business Investment Corporation

RevenuesFYE 12/2021
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$144,793
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$144,793

Form 990s for Northwest Florida Black Business Investment Corporation

Fiscal year endingDate received by IRSFormPDF link
2018-122020-02-10990View PDF
2017-122019-04-22990OView PDF
2017-092018-11-15990View PDF
2016-092017-08-10990OView PDF
2015-092016-04-06990OView PDF
...and 5 more Form 990s
Data update history
May 1, 2021
Posted financials
Added Form 990 for fiscal year 2018
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2017
October 15, 2018
Posted financials
Added Form 990 for fiscal year 2017
August 10, 2017
Posted financials
Added Form 990 for fiscal year 2016
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsEthnic centers
Issues
Human servicesAfrican AmericansBusiness and industry
Characteristics
State / local levelNo full-time employees
General information
Address
PO Box 10782
Tallahassee, FL 32302
Metro area
Tallahassee, FL
County
Leon County, FL
Phone
(850) 893-5100
IRS details
EIN
59-3001127
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
No
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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