2025-03-07T07:15:07-08:00 2024-09-30 591498723 DIVINE BLALOCK MARTIN & SELLARI LLC 580 VILLAGE BLVD SUITE 110 WEST PALM BEACH FL 33409 990 2023-10-01 592829862 Palm Beach County Black Business Investment Corporation PALM 5618458055 380 Columbia Drive 100 West Palm Beach FL 33409 Pamela Stewart President & CEO 2025-03-07 true true Dustan Brown CPA P01520825 5616861110 2023 2025-03-06 01:10:19Z Pamela Stewart 380 Columbia Drive 100 West Palm Beach FL 33409 904404 false X WWW.PBCBBIC.BIZ X 1987 FL 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. 12 11 3 0 726250 151500 7087 92942 373687 659962 0 1107024 904404 0 0 234006 364794 0 0 286520 316935 520526 681729 586498 222675 5410963 6132419 9403 508184 5401560 5624235 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. false false 565835 244442 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. 565835 false false false false false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 3 true false false false false false false false false X 12 11 false false false false false false false true true false false true true true true true true true true false FL X X X Junius Putney III CFO 5618458055 380 Columbia Dr Ste100 West Palm Beach FL 33409 Pamela Stewart President & CEO 40.00 0.00 X 124534 0 0 Donna Carroll Vice Chairman 2.00 0.00 X X 0 0 0 Charles Keys III Treasurer 2.00 0.00 X X 0 0 0 Steven Eassa Secretary 2.00 0.00 X X 0 0 0 Timothy Thompson Chairman 2.00 0.00 X X 0 0 0 Randy Walker Director 2.00 0.00 X 0 0 0 Maya Chandler Director 2.00 0.00 X 0 0 0 Edwin Ferguson Director 2.00 0.00 X 0 0 0 Sean Chaderton Director 2.00 0.00 X 0 0 0 Alexiou Gibson Director 2.00 0.00 X 0 0 0 Bryant Ruiz Director 2.00 0.00 X 0 0 0 Bobby Saint-Preux Director 2.00 0.00 X 0 0 0 124534 1 false false false 0 151500 151500 Program Service Fee 900099 92942 92942 92942 659962 659962 0 0 0 0 0 0 0 0 904404 752904 X 0 0 0 0 124534 105854 18680 0 196217 166784 29433 0 44043 37437 6606 0 0 1153 980 173 17630 14986 2644 0 0 0 85080 72318 12762 13885 11802 2083 2725 2316 409 0 0 67584 42578 25006 0 0 28180 23953 4227 8389 7508 881 0 11869 10089 1780 5888 5005 883 Bank & Finance charges 47196 40972 6224 Communications 7487 6364 1123 Meals 7455 6337 1118 Dues, books, subscriptions 5228 4444 784 7186 6108 1078 681729 565835 115894 0 1133771 847454 0 273937 291937 2512 11513 0 0 685236 1071114 0 0 85231 36277 60823 48954 3234439 3861447 0 0 0 20245 0 5410963 6132419 9403 8184 500000 9403 508184 X 4665134 5281319 736426 342916 5401560 5624235 5410963 6132419 222675 X false true X true false 4025 268 3757 81206 36009 45197 48954 X 904404 904404 904404 681729 681729 681729 Part X : FIN48 Footnote The Organization has adopted the provisions of FASB ASC 740-10-25, which require that a tax provision be recognized or derecognized based on a more likely than not threshold. This applies to positions taken or expected to be taken in a tax return. The Organization does not believe its combined financial statements include any uncertain tax positions. Form 990, Part VI, Section B, Line 11b The IRS Form 990 is prepared by the Palm Beach County Black Business Investment Corp's CPA firm, Divine Blalock Martin Sellari, LLC. A draft of Form 990 is reviewed by the CEO and CFO then is presented to the Audit Committee for review. A final version of Form 990 is presented to the Board or Directors for review. Once reviewed by the entire board the 990 is filed with the Internal Revenue Service and posted on agencys website. Form 990, Part VI, Section B, Line 15b Executive salaries are compared with similiar organizations of a similiar size. Form 990, Part VI, Section C, Line 19 Palm Beach County Black Business Investment Corporation makes its governing documents available to the public upon request. Palm Beach County Black Business Investment Corporation's 990s and audits are available on the website at www.pbcbbic.org and guidstar at www.guidestar.org.