EIN 59-2829862

Palm Beach County Black Business Invest Corporation

IRS 501(c) type
501(c)(4)
Num. employees
3
State
Year formed
1987
Most recent tax filings
2022-09-01
Description
To provide loan guarantees, financial literacy and technical assistance for small Black owned businesses. To provide loan guarantees for small Black owned businesses. To provide guarantees for small Black owned businesses.
Total revenues
$106,296
2022
Total expenses
$388,183
2022
Total assets
$4,825,109
2022
Num. employees
3
2022

Program areas at Palm Beach County Black Business Invest Corporation

THE ORGANIZATION PROVIDED LOAN GUARANTEES FOR CLIENTS AND CREATED AN ADDITIONAL 67 full and part time Jobs in Palm Beach County.

Personnel at Palm Beach County Black Business Invest Corporation

NameTitleCompensation
Marlon D. WhitePresident$156,000
Donna CarrollSecretary$0
Douglas J. ShermanChairman$0
John AhrenholzChairman / Director$0
Michael StricklandDirector$0
...and 1 more key personnel

Financials for Palm Beach County Black Business Invest Corporation

RevenuesFYE 09/2022
Total grants, contributions, etc.$568,970
Program services$14,355
Investment income and dividends$-477,029
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$106,296

Form 990s for Palm Beach County Black Business Invest Corporation

Fiscal year endingDate received by IRSFormPDF link
2019-092020-09-02990View PDF
2018-092019-05-14990View PDF
2017-092018-10-16990View PDF
2016-092017-10-12990OView PDF
2015-092016-08-01990OView PDF
...and 4 more Form 990s

Organizations like Palm Beach County Black Business Invest Corporation

OrganizationLocationRevenue
Northwest Florida Black Business Investment CorporationTallahassee, FL$148,851
CP504Orland Hills, IL$32,716
Mississippi Business Finance CorporationJackson, MS$236,406
Small Business Capital CorporationTulsa, OK$367,395
Tampa Bay Black Business InvestmentTampa, FL$252,772
Mid-Atlantic Business Finance CompanyFallston, MD$34,457
Cascade Capital FundingSalem, OR$508,938
Advancement Regional Business LendersLumberton, NC$189,338
South Arkansas Venture EnterprisesPine Bluff, AR$497,422
Eastern Idaho Entrepreneurial CenterRexburg, ID$315,792
Data update history
May 14, 2023
Updated personnel
Identified 1 new personnel
April 11, 2022
Updated personnel
Identified 7 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
May 18, 2019
Updated personnel
Identified 3 new personnel
Nonprofit Types
Business and community development organizations
Issues
African AmericansBusiness and industry
Characteristics
State / local levelReceives government funding
General information
Address
2001 Broadway
Riviera Beach, FL 33404
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
pbcbbic.biz/ 
Phone
(561) 845-8055
IRS details
EIN
59-2829862
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1987
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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