Nonprofit · EIN 56-1887955
NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER
Tax-exempt · RALEIGH, NC 27620
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $185,651 | $177,220 | $8,431 | $0 | – | $56,945 |
| December 31, 2024 | 990-EZ | $77,907 | $71,852 | $6,055 | $26,200 | – | $36,522 |
| December 31, 2023 | 990-EZ | $66,445 | $60,696 | $5,749 | $30,467 | – | $30,467 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $165,651
- Program service revenue
- $20,000
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $40,192
- Occupancy
- $65,808
- Printing, publications and postage
- $212
- Other expenses
- $71,008
- Program services (functional)
- $177,268
Balance sheet and other
- Total assets, start of year
- $48,514
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- $56,945
- Gross receipts
- $185,651
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROSA WILLIAMS | PRESIDENT | 15 | $0 |
| JENNIFER NELSON | VP OF ADMINISTRATION | 10 | $0 |
| DR JAY SABIR | VP OF OPERATIONS | 10 | $0 |
| KYRONE NEBOLISA | VP OF MEMBERSHIP | 7 | $0 |
| PATRYCE RISPRESS | VP OF FINANCE | 7 | $0 |
| BOBBY MCNEIL JR | VP OF DEVELOPMENT | 5 | $0 |
| REESIE STUKES | VP OF MARKETING | 10 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROSA WILLIAMS OYENEYE | PRESIDENT | 5 | $0 |
| JENNIFER NELSON | VP OF ADMINISTRATION | 5 | $0 |
| DR JAY SABIR | VP OF OPERATIONS | 5 | $0 |
| KYRONE NEBOLISA | VP OF MEMBERSHIP | 5 | $0 |
| PATRYCE RISPRESS | VP OF FINANCE | 5 | $0 |
| SHELTON RUSSELL | VP OF DEVELOPMENT | 5 | $0 |
| KATRINA HARRELL | SECRETARY | 5 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OSCAR LEWIS | PRESIDENT | 5 | $0 |
| LASONIA PACKENHAM | VP OPERATIONS | 5 | $0 |
| JAY SABIR | BOARD SECRETARY | 5 | $0 |
| GWENDOLYN REILLY | VP OF FINANCE | 5 | $0 |
| SHELTON RUSSELL | VP OF DEVELOPMENT | 5 | $0 |
| KYRONE NEBOLISA | VP OF MEMBERSHIP | 5 | $0 |
| ROSA OYENEYE | VP OF ADMINISTRATION | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 14013, RALEIGH, NC 27620-4013
- In care of
- % LARRY HOLT
- Signed the 990-EZ
- ROSA WILLIAMS, CHAPTER PRESIDENT
- Phone
- (919) 205-4462
- Website
- https://rdublackmba.org/
Mission
PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO THE PUBLIC/MEMBERS AND SCHOLARSHIPS TO QUALIFIED UNDERGRADUATE AND GRADUATE STUDENTS PURSUING A DEGREE IN BUSINESS OR MANAGEMENT. THE COMMUNITY AND GENERAL PUBLIC AT LARGE ARE EDUCATED ON RELEVENT BUSINESS TOPICS OF THE DAY BECAUSE WE BELIEVE EDUCATION IS THE KEY TO IMPROVING SOCIETY.
Program accomplishments
- THE NBMBAA LEADERS OF TOMORROW (LOT) PROGRAM PROVIDES LEADERSHIP DEVELOPMENT MENTORING FINANCIAL LITERACY COLLEGE PREPARATION LIFE SKILLS AND CAREER READINESS SUPPORT TO MIDDLE AND HIGH SCHOOL STUDENTS. THE PROGRAM CONNECTS PARTICIPANTS WITH MENTORING RELATIONSHIPS SCHOLARSHIPS AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES DESIGNED TO PREPARE YOUTH FOR FUTURE LEADERSHIP AND CAREER SUCCESS. DURING THE YEAR THE RDU CHAPTER AWARDED $18306.40 IN SCHOLARSHIPS TO PARTICIPATING STUDENTS.Expenses $51,228
- THE OPERATIONS ARM OF THE NBMBAA RDU TRIAD CHAPTER SUPPORTS THE INFRASTRUCTURE AND ENGAGEMENT EFFORTS THAT STRENGTHEN THE ORGANIZATIONS LONG-TERM IMPACT AND SUSTAINABILITY. THROUGH COMMUNITY RETREATS EDUCATIONAL TRAININGS AND SOCIAL ENGAGEMENT INITIATIVES THE CHAPTER CREATES OPPORTUNITIES FOR PROFESSIONAL GROWTH LEADERSHIP DEVELOPMENT MENTORSHIP MENTAL WELLNESS AND MEANINGFUL COMMUNITY CONNECTION. THESE EFFORTS CONTINUE TO INCREASE MEMBER ENGAGEMENT STRENGTHEN THE LEADERSHIP PIPELINE AND ENHANCE THE CHAPTERS ABILITY TO SERVE AND EMPOWER THE COMMUNITY THROUGH COLLABORATION INNOVATION AND SERVICE.Expenses $57,808
- THE MEMBERSHIP AND PROGRAMMING ARM OF THE NBMBAA RDU TRIAD CHAPTER CONTINUES TO STRENGTHEN AND EMPOWER THE COMMUNITY THROUGH IMPACTFUL EDUCATIONAL AND PROFESSIONAL DEVELOPMENT INITIATIVES. PROGRAMS FOCUS ON BUSINESS DEVELOPMENT FINANCIAL WELLNESS LEADERSHIP AND MENTAL HEALTH WHILE ALSO SUPPORTING ENTREPRENEURS AND SMALL BUSINESS OWNERS THROUGH WORKSHOPS MENTORSHIP OPPORTUNITIES AND ACCESS TO EXPERIENCED PROFESSIONALS AND BUSINESS RESOURCES.Expenses $55,107
- THE UNIVERSITY RELATIONS ARM OF THE NBMBAA RDU TRIAD CHAPTER FOCUSES ON SUPPORTING AND DEVELOPING COLLEGE STUDENTS THROUGH PROFESSIONAL EXPOSURE MENTORSHIP NETWORKING AND CAREER READINESS OPPORTUNITIES. DURING THE YEAR THE CHAPTER SUPPORTED AND SENT MORE THAN 20 COLLEGE STUDENTS TO THE NATIONAL BLACK MBA ASSOCIATION CONFERENCE IN HOUSTON TEXAS [:#WRE#:] STUDENTS PARTICIPATED IN LEADERSHIP DEVELOPMENT SESSIONS CAREER FAIRS CORPORATE NETWORKING OPPORTUNITIES AND PROFESSIONAL WORKSHOPS. THESE INITIATIVES HELP PREPARE STUDENTS FOR LONG-TERM ACADEMIC PROFESSIONAL AND LEADERSHIP SUCCESS WHILE STRENGTHENING THE PIPELINE OF FUTURE DIVERSE LEADERS.Expenses $600
- THE DEVELOPMENT ARM OF THE NBMBAA RDU TRIAD CHAPTER FOCUSES ON ORGANIZATIONAL GROWTH STRATEGIC PARTNERSHIPS FUNDRAISING SPONSORSHIP DEVELOPMENT AND ECONOMIC EMPOWERMENT INITIATIVES WITHIN THE COMMUNITY. DURING THE YEAR THE CHAPTER RECEIVED A $20000 GRANT TO LAUNCH THE SOUTHEAST INCREASE PROGRAM WHICH PROVIDED MORE THAN 12 SMALL BUSINESSES WITH A FREE SIX-MONTH EDUCATIONAL SERIES FOCUSED ON BUSINESS DEVELOPMENT FINANCIAL MANAGEMENT MARKETING OPERATIONS LEADERSHIP AND STRATEGIC GROWTH PLANNING. THIS ARM ALSO WORKS TO BUILD COMMUNITY COLLABORATIONS SECURE RESOURCES AND CREATE OPPORTUNITIES THAT SUPPORT THE CHAPTERS LONG-TERM SUSTAINABILITY AND IMPACT.Expenses $12,524
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-1887955
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B64J)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $185,651
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $185,651 | $177,220 | $0 | IRS |
| 990-EZ | December 2024 | $77,907 | $71,852 | $26,200 | IRS |
| 990-EZ | December 2023 | $66,445 | $60,696 | $30,467 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 56-1887955).
Questions about NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER
- What is the EIN of NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER?
- The employer identification number (EIN) of NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER is 56-1887955.
- Is NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER 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 BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER 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 BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does NATIONAL BLACK MBA ASSOCIATION RALEIGH DURHAM CHAPTER have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $185,651, expenses of $177,220 and total assets of $0 at year end.
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