Nonprofit · EIN 59-2829862
PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION
Tax-exempt · WEST PALM BCH, FL 33409
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $849,050 | $607,711 | $241,339 | $6,713,316 | $847,742 | $5,865,574 |
| September 30, 2024 | 990 | $904,404 | $681,729 | $222,675 | $6,132,419 | $508,184 | $5,624,235 |
| September 30, 2023 | 990 | $1,107,024 | $520,526 | $586,498 | $5,410,963 | $9,403 | $5,401,560 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $206,000
- of which government grants
- $206,000
- Program service revenue
- $195,520
- Investment income
- $447,530
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $114,240
- Other salaries and wages
- $190,800
- Salaries, compensation and benefits (total)
- $349,565
- Professional fundraising fees
- $0
- Occupancy
- $58,453
- Depreciation
- $12,135
- Program services (functional)
- $516,554
- Management and general (functional)
- $91,157
Balance sheet and other
- Total assets, start of year
- $6,132,419
- Total assets, end of year
- $6,713,316
- Total liabilities, end of year
- $847,742
- Net assets, end of year
- $5,865,574
- Land, buildings and equipment
- $40,539
- Publicly traded securities
- $4,146,886
- Net assets without donor restrictions
- $5,796,258
- Net assets with donor restrictions
- $69,316
- Gross receipts
- $849,050
- Employees
- 6
- Year formed
- 1987
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Pamela Stewart | President & CEO Officer | 40 | $114,240 |
| Jamie Howe | Director Trustee or director | 2 | $0 |
| Charles Keys III | Chairman Trustee or director, Officer | 2 | $0 |
| Steven Eassa | Treasurer Trustee or director, Officer | 2 | $0 |
| Timothy Thompson | Director Trustee or director | 2 | $0 |
| Randy Walker | Director Trustee or director | 2 | $0 |
| Maya Chandler | Director Trustee or director | 2 | $0 |
| Edwin Ferguson | Director Trustee or director | 2 | $0 |
| Sean Chaderton | Secretary Trustee or director, Officer | 2 | $0 |
| Alexis Rosario | Director Trustee or director | 2 | $0 |
| Bryant Ruiz | Director Trustee or director | 2 | $0 |
| Bobby Saint-Preux | Director Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Pamela Stewart | President & CEO Officer | 40 | $124,534 |
| Donna Carroll | Vice Chairman Trustee or director, Officer | 2 | $0 |
| Charles Keys III | Treasurer Trustee or director, Officer | 2 | $0 |
| Steven Eassa | Secretary Trustee or director, Officer | 2 | $0 |
| Timothy Thompson | Chairman Trustee or director, Officer | 2 | $0 |
| Randy Walker | Director Trustee or director | 2 | $0 |
| Maya Chandler | Director Trustee or director | 2 | $0 |
| Edwin Ferguson | Director Trustee or director | 2 | $0 |
| Sean Chaderton | Director Trustee or director | 2 | $0 |
| Alexiou Gibson | Director Trustee or director | 2 | $0 |
| Bryant Ruiz | Director Trustee or director | 2 | $0 |
| Bobby Saint-Preux | Director Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marlon White | Former CEO Officer | 2 | $69,637 |
| Pamela Stewart | President & CEO Officer | 40 | $66,276 |
| Douglas Lawson | Director Trustee or director | 2 | $0 |
| Maya Chandler | Director Trustee or director | 2 | $0 |
| Edwin Ferguson | Director Trustee or director | 2 | $0 |
| Sean Chaderton | Director Trustee or director | 2 | $0 |
| Lochan Chanderballi | Director Trustee or director | 2 | $0 |
| Bobby Saint-Preux | Director Trustee or director | 2 | $0 |
| Donna Carroll | Vice Chairman Officer | 2 | $0 |
| Charles Keys III | Treasurer Officer | 2 | $0 |
| Steven Eassa | Secretary Officer | 2 | $0 |
| Timothy Thompson | Chairman Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 380 COLUMBIA DR STE 100, WEST PALM BCH, FL 33409-1977
- Principal officer (990 for 2024)
- Pamela Stewart, 380 Columbia Drive 100, West Palm Beach, FL 33409
- Signed the 990
- Pamela Stewart, President & CEO
- Phone
- (561) 845-8055
- Website
- WWW.PBCBBIC.BIZ
- Return prepared by
- DIVINE BLALOCK MARTIN & SELLARI LLC
Mission
The mission of the Palm Beach County Black Business Investment Corporation (BBIC) is to expand the participation of Black business enterprises in all segments of Palm Beach County and the Treasure Coast Region economies by creating a perpetual flow of capital for their growth and aggressively promoting an atmosphere which is conducive to their development.
Program accomplishments
- The mission of Palm Beach County Black Business Investments Corporation is to expand the participation of Black business enterprises in all segments of Palm Beach County and the Treasure Coast Region economies by creating a perpetual flow of capital for their growth and aggressively promoting an atmosphere which is conducive to their development.Expenses $516,554 · revenue $401,520
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 59-2829862
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,713,316
- Income (IRS master file)
- $849,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $849,050 | $607,711 | $6,713,316 | XML |
| 990 | September 2024 | $904,404 | $681,729 | $6,132,419 | XML |
| 990 | September 2023 | $1,107,024 | $520,526 | $5,410,963 | XML |
| 990 | September 2022 | $106,296 | $388,183 | $4,825,109 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 59-2829862).
Questions about PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION
- What is the EIN of PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION?
- The employer identification number (EIN) of PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION is 59-2829862.
- Is PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1988.
- Are donations to PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION 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 PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION?
- The 990 for the year ended September 30, 2025 names Pamela Stewart.
- Who are the officers and directors of PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION?
- The 990 for the year ended September 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $114,240 (Pamela Stewart, President & CEO).
- How much revenue does PALM BEACH COUNTY BLACK BUSINESS INVESTMENTS CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $849,050, expenses of $607,711 and total assets of $6,713,316 at year end.
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