Nonprofits›Beverly Gray Business Exchange Center Inc
Community Improvement & Capacity Building
Beverly Gray Business Exchange Center Inc
BUFFALO, NY
Total revenue
$600K
Total expenses
$669K
Net assets
$207K
Grants received
$1.5M
6 grants
EIN
853125463
Tax year
2023
Mission
Entrepreneur service organization serving the underrepresented in buffalo, ny.
Financials
FY 2023
Revenue
Contributions & grants$568K
Program service revenue$29K
Investment income$3K
Other revenue—
Total revenue$600K
Expenses
Grants paid—
Salaries & benefits$319K
Fundraising$80K
Other expenses$350K
Total expenses$669K
Total assets$935K
Net assets$207K
People
8 listed
NameRoleCompensation
DERRICK PARSON
EXECUTIVE DIRECTOR
Board
$93K
40 hrs/wk
LISA HICKS
CHAIR
Board
—
1 hrs/wk
HOLLIS DEABREU DAVIS
DIRECTOR
Board
—
1 hrs/wk
DARREN SAXON
DIRECTOR
Board
—
1 hrs/wk
KIMBERLY LAVARE
DIRECTOR
Board
—
1 hrs/wk
THOMAS MURDOCK
DIRECTOR
Board
—
1 hrs/wk
MATT DAVISON
DIRECTOR
Board
—
1 hrs/wk
SHANA RICHARDSON
DIRECTOR
Board
—
1 hrs/wk
Grants received
Showing 6 of 6
FromAmountPurposeYear
$10K
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
2024
$700K
TO SUPPORT THE SMALL BUSINESS GROWTH INITIATIVE, LED BY THE EXCHANGE AT BEVERLY GRAY AND THE FOUNDRY.
2023
$15K
TO SUPPORT THE INCLUSIVE ENTREPRENEURSHIP (CIE) NETWORK
2023
Funded by
$1.5M from 5 funders · 6 grants · 2023–2024
The Ralph C Wilson Jr Foundation
$1.4M · 2 grants · 2023–2024
Local Initiatives Support Corporation
$40K · 1 grant · 2023
National League Of Cities Institute Inc
$15K · 1 grant · 2023
Community Foundation For Greater Buffalo
$10K · 1 grant · 2024
Buffalo Bills Foundation Inc
$5K · 1 grant · 2024
Details
EIN853125463
NTEE codeS41
Subsection03
Ruling date2021-02
Formed2021
Employees4
Volunteers10