Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 45-1454867

RHODE ISLAND BLACK BUSINESS ASSOCIATION

Tax-exempt · PROVIDENCE, RI 02903

Financials

$1.6M$1.2M2023$1.9M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of RHODE ISLAND BLACK BUSINESS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,895,374$1,397,050$498,324$2,533,203$1,276,037$1,257,166
December 31, 2023990$1,577,829$1,159,570$418,259$2,071,761$1,306,068$765,693
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$419,185
of which government grants
$406,900
Membership dues
$12,285
Program service revenue
$1,439,151
Investment income
$20,743
Net income from fundraising events
$16,295
Other revenue
$16,295

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$49,627
Compensation of officers, directors and key employees
$144,058
Other salaries and wages
$699,464
Salaries, compensation and benefits (total)
$920,422
Professional fundraising fees
$0
Accounting fees
$43,379
Occupancy
$41,713
Travel
$8,871
Depreciation
$9,201
Program services (functional)
$1,257,578
Management and general (functional)
$139,472

Balance sheet and other

Total assets, start of year
$2,071,761
Total assets, end of year
$2,533,203
Total liabilities, end of year
$1,276,037
Net assets, end of year
$1,257,166
Land, buildings and equipment
$291,272
Net assets without donor restrictions
$1,257,166
Gross receipts
$1,952,969
Employees
17
Year formed
2011
State of legal domicile
RI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LISA RANGLINPRESIDENT
Trustee or director, Officer
20$144,058
GREGORY BOWMANDIRECTOR
Trustee or director
2$0
LINDSEY BRICKLEDIRECTOR
Trustee or director
2$0
TORI CURRIERDIRECTOR
Trustee or director
2$0
HUETRON DUONGDIRECTOR
Trustee or director
2$0
GRANT FALCONERCHAIR
Trustee or director
2$0
DAVID FERREIRADIRECTOR
Trustee or director
2$0
EDWIN GILBERTDIRECTOR
Trustee or director
2$0
SARA GILKENSONDIRECTOR
Trustee or director
2$0
KRISTEN HAFFENREFFERDIRECTOR
Trustee or director
2$0
ARNDRES MASONSECRETARY
Trustee or director
2$0
SALLY MCDONALDDIRECTOR
Trustee or director
2$0
DARRELL MOOREDIRECTOR
Trustee or director
2$0
PEDRO NIMAJA MORALESDIRECTOR
Trustee or director
2$0
BERRY JEAN MURRAYDIRECTOR
Trustee or director
2$0
4 more people on this return
NameTitleHours / weekCompensation
JUNIOR ORTEGAVICE CHAIR
Trustee or director
2$0
TAMARA TARDYDIRECTOR
Trustee or director
2$0
MAKEBA THOMAS-HARDYASSISTANT SE
Trustee or director
2$0
AMY WALSHDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
nana–$0

Address and contacts

Address (IRS master file)
3 REGENCY PLAZA STE 3E, PROVIDENCE, RI 02903-3161
In care of
% LISA RANGLIN
Principal officer (990 for 2024)
LISA RANGLIN, 220 SMITH STREET, PROVIDENCE, RI 02908
Signed the 990
LISA RANGLIN, PRESIDENT
Phone
(401) 383-1179
Return prepared by
RONALD J AMIRAULT CPA LTD

Mission

THE RHODE ISLAND BLACK BUSINESS ASSOCIATION (RIBBA) IS A 501(C)(6) NONPROFIT ORGANIZATION COMMITTED TO CLOSING THE RACIAL WEALTH GAP AND ADVANCING ECONOMIC EQUITY ACROSS RHODE ISLAND. RIBBA OFFERS A COMPREHENSIVE MENU OF PROGRAMS AND SERVICES DESIGNED TO MEET ENTREPRENEURS, SMALL BUSINESSES, AND INDIVIDUALS WHERE THEY ARE. ADDITIONALLY, RIBBA TAILORS ITS PROGRAMMING TO BE CULTURALLY RESPONSIVE. THESE PROGRAMS ARE COMPLEMENTED BY ADDITIONAL SERVICES SUCH AS MARKETING, WEBSITE DEVELOPMENT, FINANCIAL LITERACY AND WORKFORCE TRAINING. RIBBA SUPPORTS THE GROWTH AND SUSTAINABILITY OF SMALL BUSINESSES THROUGH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE, WORKFORCE DEVELOPMENT, LEADERSHIP PROGRAMS, AND ADVOCACY

990 for the year ended December 31, 2024

Program accomplishments

  • "PATHWAYS TO CONTRACTING" - HELPING SMALL FIRMS BUILD CAPACITY THROUGH TECHNICAL ASSISTANCE, BUSINESS MENTORSHIP, AND GROWTH PROGRAMMING TO SECURE GOVERNMENT AND CORPORATE CONTRACTS.
    Expenses $664,300 · revenue $826,159
  • "EMERGING LEADERS DEVELOPMENT PROGRAM" - A 7-MONTH LEADERSHIP DEVELOPMENT INITIATIVE IN PARTNERSHIP WITH THE UNIVERSITY OF RHODE ISLAND TO PREPARE PROFESSIONALS FOR LEADERSHIP ROLES AND CAREER ADVANCEMENT
    Expenses $325,602 · revenue $296,233
  • "FINANCIAL EDUCATION/LENDER MATCH PROGRAM" - CONNECTING SMALL BUSINESSES WITH FINANCIAL INSTITUTIONS TO INCREASE ACCESS TO CAPITAL.
    Expenses $91,570 · revenue $152,500
  • "YOUTH ENTREPRENEURSHIP & WORKFORCE READINESS INITIATIVES" - EQUIPPING YOUNG RHODE ISLANDERS WITH SKILLS AND OPPORTUNITIES TO SUCCEED IN THE WORKFORCE.
    Expenses $176,106 · revenue $164,259

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-1454867
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,533,203
Income (IRS master file)
$1,952,969

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,895,374$1,397,050$2,533,203XML
990December 2023$1,577,829$1,159,570$2,071,761XML
990December 2022$986,623$798,585$1,433,712IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-1454867).

Questions about RHODE ISLAND BLACK BUSINESS ASSOCIATION

What is the EIN of RHODE ISLAND BLACK BUSINESS ASSOCIATION?
The employer identification number (EIN) of RHODE ISLAND BLACK BUSINESS ASSOCIATION is 45-1454867.
Is RHODE ISLAND BLACK BUSINESS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2011.
Are donations to RHODE ISLAND BLACK BUSINESS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RHODE ISLAND BLACK BUSINESS ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RHODE ISLAND BLACK BUSINESS ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RHODE ISLAND BLACK BUSINESS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RHODE ISLAND BLACK BUSINESS ASSOCIATION?
The 990 for the year ended December 31, 2024 names LISA RANGLIN.
Who are the officers and directors of RHODE ISLAND BLACK BUSINESS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $144,058 (LISA RANGLIN, PRESIDENT).
How much revenue does RHODE ISLAND BLACK BUSINESS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,895,374, expenses of $1,397,050 and total assets of $2,533,203 at year end.

Other nonprofits in PROVIDENCE

All nonprofits in PROVIDENCE · Rhode Island · Community improvement and capacity building