Nonprofits›Black Business Alliance Inc

Community Improvement & Capacity Building

Black Business Alliance Inc

MILFORD, CT

WebsiteView as a funder

Total revenue

$1.3M

Total expenses

$1.1M

Net assets

$209K

Grants received

$115K

6 grants

EIN

475102290

Tax year

2024

Mission

The organization seeks to act as a primary collaborative entity for local and statewide black and minority businesses to create a culture of mini ecosystems to build self-worth, capacity building and community inclusion.

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue—
Investment income—
Other revenue$1K
Total revenue$1.3M

Expenses

Grants paid$300K
Salaries & benefits$295K
Fundraising—
Other expenses$504K
Total expenses$1.1M
Total assets$392K
Net assets$209K

People

8 listed

NameRoleCompensation

GLEN DAVIS

TREASURER

Board

—

5 hrs/wk

JAMERKA MORRISON-JEFFRIES

BOARD MEMBER

Board

—

1 hrs/wk

LISA BELLAMY FLUCKER

BOARD MEMBER

Board

—

1 hrs/wk

WILLIE MCBRIDE

SECRETARY

Board

—

1 hrs/wk

LARRY STEWARD

BOARD MEMBER

Board

—

1 hrs/wk

DOUGLAS BURKE

BOARD CHAIR

Board

—

5 hrs/wk

MICHAEL STROUD

BOARD MEMBER

Board

—

1 hrs/wk

ANNE-MARIE BRUNGARD-KNIGHT

EXECUTIVE DIRECTOR

Staff

$144K

40 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
THE COMMUNITY FOUNDATION FOR GREATER NEW
$55K
TO SUPPORT THE DELIVERY OF ESO SERVICES AS A HUB FOR ACCELERATING THE SUSTAINABILITY AND GROWTH OF UNDERREPRESENTED AND UNDERINVESTED ENTREPRENEURS IN CONNECTICUT
2024
CLA FOUNDATION
$10K
GENERAL OPERATING
2024
Webster Bank Charitable Foundation
$5K
additional year-end grant for program support
2024
Webster Bank Charitable Foundation
$5K
the Funding Superhighway
2024
THE COMMUNITY FOUNDATION FOR GREATER NEW
$20K
TO PROVIDE GENERAL OPERATING SUPPORT. THE PROSPERITY FOUNDATION IS ACTING AS THE FISCAL SPONSOR.
2023
CLA FOUNDATION
$20K
GENERAL OPERATING SUPPORT
2022

Funded by

$115K from 3 funders · 6 grants · 2022–2024

The Community Foundation For Greater New

$75K · 2 grants · 2023–2024

Cla Foundation

$30K · 2 grants · 2022–2024

Webster Bank Charitable Foundation

$10K · 2 grants · 2024

Details

EIN475102290
NTEE codeS40
Subsection06
Ruling date2016-03
Formed2015
Employees7
Volunteers0
BLACK BUSINESS ALLIANCE INC — Mission, Financials & Grants Received | Grantivo