NonprofitsBeverly 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
$740K
RRP -- East Buffalo Small Business
2024
$10K
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
2024
$5K
WOMEN'S HISTORY MONTH WOMEN-OWNED BUSINESS PROGRAM
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

Buffalo Bills Foundation Inc

$5K · 1 grant · 2024

Details

EIN853125463
NTEE codeS41
Subsection03
Ruling date2021-02
Formed2021
Employees4
Volunteers10
BEVERLY GRAY BUSINESS EXCHANGE CENTER INC — Mission, Financials & Grants Received | Grantivo