Nonprofit · EIN 47-5102290
BLACK BUSINESS ALLIANCE INC
Tax-exempt · MILFORD, CT 06460
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,344,959 | $1,098,120 | $246,839 | $392,498 | $183,285 | $209,213 |
| December 31, 2023 | 990 | $695,835 | $836,824 | -$140,989 | $167,503 | $199,557 | -$32,054 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,343,959
- of which government grants
- $1,231,097
- Membership dues
- $7,585
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $1,000
- Other revenue
- $1,000
Expenses
- Grants and similar amounts paid
- $300,000
- Compensation of officers, directors and key employees
- $144,000
- Other salaries and wages
- $122,769
- Salaries, compensation and benefits (total)
- $294,557
- Professional fundraising fees
- $0
- Legal fees
- $3,257
- Accounting fees
- $19,475
- Occupancy
- $13,183
- Travel
- $12,863
- Program services (functional)
- $1,098,120
Balance sheet and other
- Total assets, start of year
- $167,503
- Total assets, end of year
- $392,498
- Total liabilities, end of year
- $183,285
- Net assets, end of year
- $209,213
- Net assets without donor restrictions
- $209,213
- Gross receipts
- $1,344,959
- Employees
- 7
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- CT
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE-MARIE BRUNGARD-KNIGHT | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $144,000 |
| WILLIE MCBRIDE | SECRETARY Trustee or director | 1 | $0 |
| GLEN DAVIS | TREASURER Trustee or director | 5 | $0 |
| JAMERKA MORRISON-JEFFRIES | BOARD MEMBER Trustee or director | 1 | $0 |
| LISA BELLAMY FLUCKER | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL STROUD | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY STEWARD | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUGLAS BURKE | BOARD CHAIR Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE-MARIE BRUNGARD-KNIGHT | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $137,000 |
| WILLIE MCBRIDE | SECRETARY Trustee or director | 1 | $0 |
| DOUGLAS BURKE | TREASURER Trustee or director | 5 | $0 |
| LARRY STEWART | PRESIDENT Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 BOSTON POST RD STE 1092, MILFORD, CT 06460-2703
- In care of
- % FRANK DIXON
- Mailing address (990-N for 2016)
- 419 Whalley Avenue Suite 202B, New Haven CT 06511
- Principal officer (990 for 2024)
- DOUGLAS BURKE
- Principal officer (990-N for 2016)
- Frank Dixon, 419 Whalley Avenue Suite 202B, New Haven CT 06511
- Signed the 990
- GLEN DAVIS, TREASURER
- Phone
- (475) 238-8298
- Website
- WWW.BBUSINESSALLIANCE.ORG
- Return prepared by
- BURTIS & JOHNSON
Mission
THE ORGANIZATION SEEKS TO ACT AS A PRIMARY COLLABORATIVE ENTITY FOR LOCAL AND STATEWIDE BLACK AND MINORITY BUSINESSES TO CREATE A CULTURE OF MINI ECOSYSTEMS TO BUILD SELF-WORTH, CAPACITY BUILDING AND COMMUNITY INCLUSION.
Program accomplishments
- PROVIDED OUTREACH AND SUPPORT SERVICES TO ACCESS CAPITAL FOR MINORITY BUSINESSES.Expenses $1,098,120 · grants $300,000 · revenue $1,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5102290
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $392,498
- Income (IRS master file)
- $1,344,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,344,959 | $1,098,120 | $392,498 | XML |
| 990 | December 2023 | $695,835 | $836,824 | $167,503 | XML |
| 990 | December 2022 | $912,074 | $674,234 | $268,591 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2016 Officer: Frank Dixon | December 31, 2016 | ≤ $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 47-5102290).
Questions about BLACK BUSINESS ALLIANCE INC
- What is the EIN of BLACK BUSINESS ALLIANCE INC?
- The employer identification number (EIN) of BLACK BUSINESS ALLIANCE INC is 47-5102290.
- Is BLACK BUSINESS ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
- Are donations to BLACK BUSINESS ALLIANCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BLACK BUSINESS ALLIANCE INC 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 BLACK BUSINESS ALLIANCE INC 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 BLACK BUSINESS ALLIANCE INC 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 BLACK BUSINESS ALLIANCE INC?
- The 990 for the year ended December 31, 2024 names DOUGLAS BURKE.
- Who are the officers and directors of BLACK BUSINESS ALLIANCE INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $144,000 (ANNE-MARIE BRUNGARD-KNIGHT, EXECUTIVE DIRECTOR).
- How much revenue does BLACK BUSINESS ALLIANCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,344,959, expenses of $1,098,120 and total assets of $392,498 at year end.
Other nonprofits in MILFORD
- CONNECTICUT TAX COLLECTORS ASSOCIATION INC EIN 06-1514329 · last filed 990-EZ for 2024
- POLISHED PEARLS FOUNDATION EIN 81-2834218 · last filed 990-N for 2025
- NETWORK OF EXECUTIVE WOMEN OF MILFORD INC EIN 03-0440107 · last filed 990-EZ for 2024
- FEARLESS FINLEY INC EIN 88-1377835 · last filed 990-N for 2025
- NEW ENGLAND ASSOCIATION OF GRADUATE ADMISSIONS PROFESSIONALS EIN 46-1200097 · last filed 990-N for 2025
- CONNECTICUT STATE DENTAL ASSOCIATION INC EIN 06-1528042 · last filed 990-N for 2025
- ICF CT CHAPTER INC EIN 31-1756673 · last filed 990-N for 2024
- WALNUT BEACH ASSOCIATION EIN 06-1496532 · last filed 990-N for 2025
All nonprofits in MILFORD · Connecticut · Community improvement and capacity building