Nonprofit · EIN 65-0255366
BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC
Tax-exempt · STUART, FL 34996
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $642,547 | $674,537 | -$31,990 | $527,998 | $137,024 | $390,974 |
| September 30, 2024 | 990 | $540,871 | $591,027 | -$50,156 | $487,621 | $64,657 | $422,964 |
| September 30, 2023 | 990 | $536,108 | $572,862 | -$36,754 | $479,645 | $6,525 | $473,120 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $575,190
- Investment income
- $9,357
- Net income from fundraising events
- $58,000
- Other revenue
- $58,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $9,281
- Other salaries and wages
- $287,189
- Salaries, compensation and benefits (total)
- $363,310
- Professional fundraising fees
- $0
- Occupancy
- $35,653
- Travel
- $2,865
- Program services (functional)
- $521,127
- Management and general (functional)
- $153,410
Balance sheet and other
- Total assets, start of year
- $487,621
- Total assets, end of year
- $527,998
- Total liabilities, end of year
- $137,024
- Net assets, end of year
- $390,974
- Net assets without donor restrictions
- $224,261
- Net assets with donor restrictions
- $166,713
- Gross receipts
- $642,547
- Employees
- 6
- Volunteers
- 3
- Year formed
- 1991
- 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 |
|---|---|---|---|
| WILLIAM CORBIN | EXECUTIVE DIRECTOR Officer | 40 | $9,281 |
| SUSAN RABINOWITZ | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAN ROMENCE | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 |
| ERIC KIEHN | PAST PRESIDENT Trustee or director | 0.3 | $0 |
| LAUREN ABBOTT | TREASURER Trustee or director, Officer | 0.3 | $0 |
| DAVID ROSENDAHL | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| BRIAN BAUER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MARSHALL CRITCHFIELD | BOARD MEMBER Trustee or director | 0.3 | $0 |
| CARMINE DIPAOLO | BOARD MEMBER Trustee or director | 0.3 | $0 |
| PATRICK GLEASON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| REED HARTMAN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| STEVEN HARTZ | BOARD MEMBER Trustee or director | 0.3 | $0 |
| MAYGAN JOHNSON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| SEAN REED | BOARD MEMBER Trustee or director | 0.3 | $0 |
| RON ROSE | BOARD MEMBER Trustee or director | 0.3 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SNYDER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ED WEINBERG | BOARD MEMBER Trustee or director | 0.3 | $0 |
| TYSON WATERS | BOARD MEMBER Trustee or director | 0.3 | $0 |
990 for the year ended September 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM CORBIN | EXECUTIVE DIRECTOR Officer | 40 | $4,653 |
| SUSAN RABINOWITZ | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAN ROMENCE | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 |
| ERIC KIEHN | PAST PRESIDENT Trustee or director, Officer | 2 | $0 |
| LAUREN ABBOTT | TREASURER Trustee or director | 0.3 | $0 |
| ANGELA BROWNING | BOARDMEMBER Trustee or director | 0.3 | $0 |
| BRIAN BAUER | BOARDMEMBER Trustee or director | 0.3 | $0 |
| MARSHALL CRITCHFIELD | BOARDMEMBER Trustee or director | 0.3 | $0 |
| PATRICK GLEASON | BOARDMEMBER Trustee or director | 0.3 | $0 |
| REED HARTMAN | BOARDMEMBER Trustee or director | 0.3 | $0 |
| STEVEN HARTZ | BOARDMEMBER Trustee or director | 0.3 | $0 |
| DAVID POWERS | BOARDMEMBER Trustee or director | 0.3 | $0 |
| RON ROSE | BOARDMEMBER Trustee or director | 0.3 | $0 |
| WILLIAM SNYDER | BOARDMEMBER Trustee or director | 0.3 | $0 |
| ED WEINBERG | BOARDMEMBER Trustee or director | 0.3 | $0 |
| TYSON WATERS | BOARDMEMBER Trustee or director | 0.3 | $0 |
990 for the year ended September 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOAN GOODRICH | EXECUTIVE DIRECTOR Officer | 40 | $115,342 | $15,217 |
| ERIC KIEHN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN RABINOWITZ | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| TOMMY BUENO | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM SNYDER | TREASURER Trustee or director | 0.3 | $0 | $0 |
| ALESSANDRO ANZALONE | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| MARSHALL CRITCHFIELD | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| CARMINE DIPAOLO | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| PATRICK GLEASON | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| REED HARTMAN | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| JEFF LESLIE | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| TROY MCDONALD | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| RON ROSE | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| THOMAS WEBBER | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| ED WEINBERG | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
| TOM WHITTINGTON | BOARDMEMBER Trustee or director | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1002 SE MONTEREY COMMONS BLVD, STUART, FL 34996-3357
- In care of
- % BUSINESS DEVELOP BRD OF MARTIN CT
- Principal officer (990 for 2024)
- WILLIAM CORBIN, 1002 SE MONTEREY COMMONS, STUART, FL 34996
- Signed the 990
- WILLIAM CORBIN, EXECUTIVE DIRECTOR
- Phone
- (772) 221-1380
- Return prepared by
- DIBARTOLOMEO MCBEE HARTLEY & BARNES
Mission
TO LEAD ECONOMIC DEVELOPMENT BY SUPPORTING LOCAL CONTRIBUTORY BUSINESSES, ATTRACTING INVESTMENT, AND FOSTERING JOB CREATION.
Program accomplishments
- STARTING, GROWING, RETAINING AND WELCOMING NEW BUSINESSES AND INDUSTRIES IS THE CORE BUSINESS OF THE BDB. IN FY 2025, THE BDB WORKED WITH APPROXIMATELY ** BUSINESS DEVELOPERS SEEKING TO INVEST, START-UP, GROW, REMAIN OR RELOCATE TO MARTIN COUNTY. THE BDB ALSO ASSISTED *** BUSINESSES WITH ASSORTED NEEDS.
- RETAINING AND GROWING MARTIN COUNTY BUSINESSES AND COMPANIES (GROW OUR OWN) THROUGH THE BDBS PULSE PROGRAM. THESE ARE DETAILED IN-PERSON INTERVIEWS WITH BUSINESS OWNER-OPERATORS TO ASCERTAIN THE NEEDS OF LOCAL BUSINESSES. RESULTS ARE USED TO FURTHER GUIDE PROGRAM ACTIVITIES. ORGANIZED EXPORT UNIVERSITY 101 TO INFORM AND EDUCATE BUSINESS OWNER-OPERATORS OF BASIC IMPORT-EXPORT METHODS, PROCEDURES, AND REQUIREMENTS; APPROXIMATELY ** PERSONS ATTENDED.
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
- 65-0255366
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $527,998
- Income (IRS master file)
- $642,547
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $642,547 | $674,537 | $527,998 | XML |
| 990 | September 2024 | $540,871 | $591,027 | $487,621 | XML |
| 990 | September 2023 | $536,108 | $572,862 | $479,645 | XML |
| 990 | September 2022 | $569,166 | $490,657 | $537,209 | 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 65-0255366).
Questions about BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC
- What is the EIN of BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC?
- The employer identification number (EIN) of BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC is 65-0255366.
- Is BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
- Are donations to BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY 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 BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC 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 BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC 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 BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC?
- The 990 for the year ended September 30, 2025 names WILLIAM CORBIN.
- Who are the officers and directors of BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC?
- The 990 for the year ended September 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $9,281 (WILLIAM CORBIN, EXECUTIVE DIRECTOR).
- How much revenue does BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $642,547, expenses of $674,537 and total assets of $527,998 at year end.
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