Nonprofit · EIN 59-1746154
FLORIDA BUSINESS DEVELOPMENT COUNCIL INC
Tax-exempt · MIAMI SHORES, FL 33138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,049,818 | $3,090,108 | -$40,290 | $2,562,623 | $612,606 | $1,950,017 |
| December 31, 2024 | 990 | $3,480,603 | $3,348,513 | $132,090 | $2,431,703 | $441,396 | $1,990,307 |
| December 31, 2023 | 990 | $3,415,254 | $3,228,072 | $187,182 | $2,474,771 | $616,554 | $1,858,217 |
| December 31, 2022 | 990 (amended) | $3,367,190 | $3,216,741 | $150,449 | $2,052,076 | $381,041 | $1,671,035 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,673,514
- Program service revenue
- $958,180
- Investment income
- $0
- Other revenue
- $418,124
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,699,911
- Salaries, compensation and benefits (total)
- $1,699,911
- Professional fundraising fees
- $0
- Legal fees
- $750,827
- Occupancy
- $77,315
- Travel
- $86,880
- Depreciation
- $4,903
- Program services (functional)
- $2,380,452
- Management and general (functional)
- $709,656
Balance sheet and other
- Total assets, start of year
- $2,431,703
- Total assets, end of year
- $2,562,623
- Total liabilities, end of year
- $612,606
- Net assets, end of year
- $1,950,017
- Land, buildings and equipment
- $88,539
- Net assets without donor restrictions
- $1,950,017
- Gross receipts
- $3,049,818
- Employees
- 26
- Volunteers
- 15
- Year formed
- 1975
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Beatrice S Louissant | – Highest-paid employee | 40 | $183,011 |
| Erasmo Acosta | Chief Financial Officer Officer | 40 | $101,992 |
| Monica Cupid | Vice President of Operations Officer | 40 | $70,097 |
| Desiree Hanson | Chair Trustee or director | 2 | $0 |
| Mary Mayhew | 2nd Vice Chair Trustee or director | 2 | $0 |
| Jack Greene | Treasurer Trustee or director | 2 | $0 |
| Anthea Pennant | Secretary Trustee or director | 40 | $0 |
| Nat Martin III | Assistant Treasurer Trustee or director | 2 | $0 |
| Abel Herrera | MBE Input Committee Chair Trustee or director | 2 | $0 |
| Brian Butler | Board Member Trustee or director | 2 | $0 |
| Dionne Lawson-Vidal | Board Member Trustee or director | 2 | $0 |
| Jay Narang | Board Member Trustee or director | 2 | $0 |
| Quibulah A Graham | Board Member Trustee or director | 2 | $0 |
| Leonard Spencer | Board Member Trustee or director | 2 | $0 |
| Lindsay Collazo CPPB III | Board Member Trustee or director | 2 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tonja Graham | Board Member Trustee or director | 2 | $0 |
| Susana Robledo | Board Member Trustee or director | 2 | $0 |
| Oswaldo Soto | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Beatrice S Louissant | PresidentCEO Officer, Highest-paid employee | 40 | $177,984 |
| Monica Cupid | Vice President of Operations Officer | 40 | $106,000 |
| Erasmo Acosta | Chief Financial Officer Officer | 40 | $105,000 |
| Desiree Hanson | Chair Trustee or director | 2 | $0 |
| Mary Mayhew | 2nd Vice Chair Trustee or director | 2 | $0 |
| Jack Greene | Treasurer Trustee or director | 2 | $0 |
| Anthea Pennant | Secretary Trustee or director | 40 | $0 |
| Nat Martin III | Assistant Treasurer Trustee or director | 2 | $0 |
| Abel Herrera | MBE Input Committee Chair Trustee or director | 2 | $0 |
| Brian Butler | Board Member Trustee or director | 2 | $0 |
| Dionne Lawson-Vidal | Board Member Trustee or director | 2 | $0 |
| Jay Narang | Board Member Trustee or director | 2 | $0 |
| Quibulah A Graham | Board Member Trustee or director | 2 | $0 |
| Leonard Spencer | Board Member Trustee or director | 2 | $0 |
| Lindsay Collazo CPPB III | Board Member Trustee or director | 2 | $0 |
| Tonja Graham | Board Member Trustee or director | 2 | $0 |
| Susana Robledo | Board Member Trustee or director | 2 | $0 |
| Oswaldo Soto | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Beatrice S Louissant | PresidentCEO Officer, Highest-paid employee | 40 | $167,910 |
| Erasmo Acosta | Chief Financial Officer Officer | 40 | $100,000 |
| Monica Cupid | Vice President of Operations Officer | 40 | $100,000 |
| Leonard Spencer | Board Member Trustee or director | 2 | $0 |
| Jay Narang | Board Member Trustee or director | 2 | $0 |
| Quibulah A Graham | Board Member Trustee or director | 2 | $0 |
| Susana Robledo | Board Member Trustee or director | 0 | $0 |
| Tonja Graham | Board Member Trustee or director | 2 | $0 |
| Lindsay Collazo CPPB III | Board Member Trustee or director | 2 | $0 |
| Jack Greene | Treasurer Trustee or director | 2 | $0 |
| Anthea Pennant | Secretary Trustee or director | 50 | $0 |
| Desiree Hanson | Chair Trustee or director | 2 | $0 |
| Mary Mayhew | 2nd Vice Chair Trustee or director | 2 | $0 |
| Brian Butler | Board Member Trustee or director | 2 | $0 |
| Dionne Lawson-Vidal | Board Member Trustee or director | 2 | $0 |
| Nat Martin III | Assistant Treasurer Trustee or director | 2 | $0 |
| Abel Herrera | MBE Input Committee Chair Trustee or director | 2 | $0 |
990 for the year ended December 31, 2022: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jay Narang | Board Member Trustee or director | 2 | $0 |
| Dionne Lawson-Vidal | Board Member Trustee or director | 2 | $0 |
| Brian Butler | Board Member Trustee or director | 2 | $0 |
| Jose A Nido | Board Member Trustee or director | 2 | $0 |
| Tonja Graham | Board Member Trustee or director | 2 | $0 |
| Susana Robledo III | Board Member Trustee or director | 2 | $0 |
| Quibulah Graham | Board Member Trustee or director | 2 | $0 |
| Beverly Pruitt | Board Member Trustee or director | 2 | $0 |
| Jack Greene | Treasurer Trustee or director | 2 | $0 |
| Mary Mayhew | 2nd Vice Chair Trustee or director | 2 | $0 |
| Desiree Hanson | Chair Trustee or director | 2 | $0 |
| Anthea Pennant | Secretary Trustee or director | 50 | $0 |
| Abel Herrera | MBE Input Committee Chair Trustee or director | 2 | $0 |
| Nat Martin III | Assistant Treasurer Trustee or director | 2 | $0 |
| Beatrice S Louissant | PresidentCEO Officer, Key employee | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 9499 NE 2ND AVE STE 201, MIAMI SHORES, FL 33138-2700
- In care of
- % BEATRICE S LOUISSANT
- Principal officer (990 for 2025)
- Monica Cupid, 9499 NE 2nd Avenue Suite 201, Miami, FL 33138
- Signed the 990
- MONICA CUPID, President
- Website
- www.flbdc.org
- Return prepared by
- Anthony Brunson P A
Mission
The mission of the Florida Business Development Council (FBDC) is to develop and connect qualified businesses to the opportunities and partnerships that fuel their growth and strengthen Floridas business ecosystem.
Program accomplishments
- The mission of the Florida Business Development Council (FBDC) is to develop and connect qualified businesses to the opportunities and partnerships that fuel their growth and strengthen Floridas business ecosystem.Expenses $2,380,452
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 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
- 59-1746154
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,431,703
- Income (IRS master file)
- $3,480,603
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,049,818 | $3,090,108 | $2,562,623 | XML |
| 990 | December 2024 | $3,480,603 | $3,348,513 | $2,431,703 | XML |
| 990 | December 2023 | $3,415,254 | $3,228,072 | $2,474,771 | XML |
| 990 | December 2022 | $3,367,190 | $3,216,741 | $2,052,076 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 59-1746154).
Questions about FLORIDA BUSINESS DEVELOPMENT COUNCIL INC
- What is the EIN of FLORIDA BUSINESS DEVELOPMENT COUNCIL INC?
- The employer identification number (EIN) of FLORIDA BUSINESS DEVELOPMENT COUNCIL INC is 59-1746154.
- Is FLORIDA BUSINESS DEVELOPMENT COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to FLORIDA BUSINESS DEVELOPMENT COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLORIDA BUSINESS DEVELOPMENT COUNCIL 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 FLORIDA BUSINESS DEVELOPMENT COUNCIL INC 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 FLORIDA BUSINESS DEVELOPMENT COUNCIL INC 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 FLORIDA BUSINESS DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2025 names Monica Cupid.
- Who are the officers and directors of FLORIDA BUSINESS DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2025 lists 18 people; 3 received compensation from the organization, the highest $183,011 (Beatrice S Louissant).
- How much revenue does FLORIDA BUSINESS DEVELOPMENT COUNCIL INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,049,818, expenses of $3,090,108 and total assets of $2,562,623 at year end.
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