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Nonprofit · EIN 46-2033413

NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL

Also known as NATIONAL VETERAN BUSINESS DEVELOPME

Tax-exempt · DETROIT, MI 48207

Financials

$2M$2M2023$2M$1.7M2024$1.7M$2.1M2025
Revenue Expenses · by fiscal year end
Financials of NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,722,329$2,094,892-$372,563$876,178$0$876,178
December 31, 2024990$2,035,568$1,687,235$348,333$726,048$0$726,048
December 31, 2023990$1,955,493$2,036,145-$80,652$378,098$0$378,098
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,311,755
of which government grants
$150,000
Program service revenue
$376,282
Investment income
$34,292
Net gain from sales of assets
$4,837
Other revenue
$0

Expenses

Grants and similar amounts paid
$34,300
Compensation of officers, directors and key employees
$353,333
Other salaries and wages
$502,423
Salaries, compensation and benefits (total)
$1,039,213
Professional fundraising fees
$0
Legal fees
$1,700
Accounting fees
$40,455
Occupancy
$35,775
Travel
$57,863
Depreciation
$70
Program services (functional)
$1,636,002
Management and general (functional)
$458,890

Balance sheet and other

Total assets, start of year
$726,048
Total assets, end of year
$876,178
Total liabilities, end of year
$0
Net assets, end of year
$876,178
Land, buildings and equipment
$1,850
Publicly traded securities
$533,682
Gross receipts
$1,796,292
Employees
11
Year formed
2013
State of legal domicile
MI

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
KEITH KINGCEO
Officer
55$69,333
KATHRYN POYNTONDIRECTOR
Trustee or director
30$56,500
ROBERT MIDDLETONTREASURER
Officer
30$42,000
RICHARD MILLERPRESIDENT
Officer
40$42,000
ANNETTE STEVENSONDIRECTOR
Trustee or director
30$33,000
JOHN E TAYLORDIRECTOR
Trustee or director
35$32,500
JAMES COWPERDIRECTOR
Trustee or director
30$30,000
SIDNEY TAYLORDIRECTOR
Trustee or director
35$30,000
JOHN OLESONSECRETARY
Officer
30$18,000
DARROL BROWNSENIOR V. PR
Trustee or director, Officer
40$0
STEVE CHARLESDIRECTOR
Trustee or director
20$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
KEITH KINGCEO
Officer
55$57,500
KATHRYN POYNTONDIRECTOR
Trustee or director
30$54,000
ROBERT MIDDLETONTREASURER
Officer
30$42,000
RICHARD MILLERPRESIDENT
Officer
40$42,000
SIDNEY TAYLORDIRECTOR
Trustee or director
35$30,000
ANNETTE STEVENSONDIRECTOR
Trustee or director
30$30,000
JOHN E TAYLORDIRECTOR
Trustee or director
35$30,000
JOHN OLESONSECRETARY
Officer
30$18,000
STEVE CHARLESDIRECTOR
Trustee or director
20$0
GREG HACIASDIRECTOR
Trustee or director
20$0
DARROL BROWNSENIOR V. PR
Trustee or director, Officer
40$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
KEITH KINGCEO
Officer
55$75,000
KATHRYN POYNTONDIRECTOR
Trustee or director
30$58,500
ROBERT MIDDLETONTREASURER
Officer
30$45,500
RICHARD MILLERPRESIDENT
Officer
40$43,347
ANNETTE STEVENSONDIRECTOR
Trustee or director
30$33,750
SIDNEY TAYLORDIRECTOR
Trustee or director
35$30,000
JOHN E TAYLORDIRECTOR
Trustee or director
35$30,000
JOHN OLESONSECRETARY
Officer
30$18,000
GREG HACIASDIRECTOR
Trustee or director
20$10,385
DARROL BROWNSENIOR V. PR
Trustee or director, Officer
40$3,800
STEVE CHARLESDIRECTOR
Trustee or director
20$0

Address and contacts

Address (IRS master file)
325 E CRESCENT LN, DETROIT, MI 48207-5002
Principal officer (990 for 2025)
JOHN OLESON, 901 WILSHIRE DRIVE STE 255, TROY, MI 48084
Signed the 990
JOHN OLESON, SECRETARY
Phone
(313) 446-6885
990-N for 2013 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: KEITH KING, 325 EAST CRESCENT LANE, Detroit MI 48207. Mailing address: 325 EAST CRESCENT LANE, Detroit MI 48207.
Return prepared by
CENKO VENDITTELLI HAYNES AND TOKARZ PLC

Mission

THE NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL (NVBDC) WAS CREATED TO ACHIEVE THE FOLLOWING MISSIONS: 1. CERTIFY VETERAN OWNED BUSINESSES (VOB'S) AND SERVICE DISABLED VEETERAN OWNED BUSINESSES (SDVOB'S) THAT WISH TO DO BUSINESS WITH AMERICAN COMPANIES.

990 for the year ended December 31, 2025

Program accomplishments

  • CREATED AND LAUNCHED CUSTOM DATA TO COMPLETE THE AUTOMATION FOR CERTIFICATION OF VETERAN OWNED BUSINESSESS (VOB'S) AND SERVICE DISABLED VETERAN OWNED BUSINESSES (SDVOB'S). CREATED AND LAUNCHED CUSTOM PORTAL FOR THE CORPORATIONS TO REVIEW THE CAPABILITY STATEMENTS AND CONTACT INFORMATION OF THE VOB'S, SDVOB'S, AND TO CONTACT THEM. WE HAVE COMPLETED OVER 400 VOB'S/SDVOB'S CERTIFICATIONS INCLUDING AS REQUIRED, THE ON SITE VISITS TO CONFIRM THE INFORMATION SUBMITTED. ATTENDED MANY EVENTS, SPECIFICALLY TO DELIVER PRESENTATIONS TO VOB'S, SDVOB'S AND CORPORATIONS ON THE VALUE OF CERTIFICATIONS. CONDUCTED TWO LIVE CONFERENCES. CREATED AND PRESENTED SEVERAL WEBINARS. CREATED NEW VETERAN SCHOLARSHIP PROGRAM. CONTINUED TO UPGRADE OUR ONLINE CERTIFICATION PROGRAM AND CERTIFIED OVER 800 VOB'S TO DATE.
    Expenses $1,216,791 · grants $34,300 · revenue $376,282
  • CREATED AND LAUNCHED CUSTOM DATA TO COMPLETE THE AUTOMATION FOR CERTIFICATION OF VETERAN OWNED BUSINESSESS (VOB'S) AND SERVICE DISABLED VETERAN OWNED BUSINESSES (SDVOB'S). CREATED AND LAUNCHED CUSTOM PORTAL FOR THE CORPORATIONS TO REVIEW THE CAPABILITY STATEMENTS AND CONTACT INFORMATION OF THE VOB'S, SDVOB'S, AND TO CONTACT THEM. WE HAVE COMPLETED OVER 400 VOB'S/SDVOB'S CERTIFICATIONS INCLUDING AS REQUIRED, THE ON SITE VISITS TO CONFIRM THE INFORMATION SUBMITTED. ATTENDED MANY EVENTS, SPECIFICALLY TO DELIVER PRESENTATIONS TO VOB'S, SDVOB'S AND CORPORATIONS ON THE VALUE OF CERTIFICATIONS. CONDUCTED TWO LIVE CONFERENCES. CREATED AND PRESENTED SEVERAL WEBINARS. CREATED NEW VETERAN SCHOLARSHIP PROGRAM. CONTINUED TO UPGRADE OUR ONLINE CERTIFICATION PROGRAM AND CERTIFIED OVER 800 VOB'S TO DATE
    Expenses $419,211

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-2033413
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$876,178
Income (IRS master file)
$1,796,292

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,722,329$2,094,892$876,178XML
990December 2024$2,035,568$1,687,235$726,048XML
990December 2023$1,955,493$2,036,145$378,098XML
990December 2022$1,645,249$1,537,329$457,409IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2017–––IRS
990-N for 2013
Officer: KEITH KING
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2013≤ $50,000 receipts––e-Postcard

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 46-2033413).

Questions about NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL

What is the EIN of NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL?
The employer identification number (EIN) of NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL is 46-2033413.
Is NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL 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 NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL?
The 990 for the year ended December 31, 2025 names JOHN OLESON.
Who are the officers and directors of NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL?
The 990 for the year ended December 31, 2025 lists 11 people; 9 received compensation from the organization, the highest $69,333 (KEITH KING, CEO).
How much revenue does NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,722,329, expenses of $2,094,892 and total assets of $876,178 at year end.

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