NonprofitsBusiness Development Centre Inc

Business Development Centre Inc

LYNCHBURG, VA

Total revenue

$317K

Total expenses

$259K

Net assets

$722K

Grants received

EIN

541598026

Tax year

2024

Mission

To provide counseling and education for individuals who are interested in starting their own business

Programs

1 program

Technical and management assistance - provided technical assistance and training to 253 individuals for developing small business and provided gap financing

Expenses: $53K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$21K
Investment income$19K
Other revenue$277K
Total revenue$317K

Expenses

Grants paid
Salaries & benefits$103K
Fundraising
Other expenses$155K
Total expenses$259K
Total assets$1.4M
Net assets$722K

People

12 listed

NameRoleCompensation

BYRON STEWARD

SECRETARY

Board

$72K

40 hrs/wk

RANDALL CALLOWAY II

DIRECTOR

Board

1 hrs/wk

KAMAL DARDEN

DIRECTOR

Board

1 hrs/wk

COREY DAVIS

DIRECTOR

Board

1 hrs/wk

PAVLINA DIROM

CHAIRWOMAN

Board

1 hrs/wk

CHRISTOPHER HACKMAN

DIRECTOR

Board

1 hrs/wk

JERRY BROOKS

DIRECTOR

Board

1 hrs/wk

ALISHA MEADOR

DIRECTOR

Board

1 hrs/wk

ARTHUR PIKE

TREASURER

Board

1 hrs/wk

CHERYL VALENTINE

DIRECTOR

Board

1 hrs/wk

DONNA WITT

DIRECTOR

Board

1 hrs/wk

SAMUEL HOWE

VICE CHAIR

Board

1 hrs/wk

Details

EIN541598026
Subsection03
Ruling date1993-01
Formed1991
Employees2
Volunteers7
BUSINESS DEVELOPMENT CENTRE INC — Mission, Financials & Grants Received | Grantivo