The mission is to develop and promote Black business enterprises through education, training, loans, investments, and other activities and aggressively promote an atmosphere conducive to their development.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Former President/ceo Above 90th percentile | $451k $493k |
Chief Operating Officer 75th to 90th percentile | $231k $252k |
VP Finance Vice President 75th to 90th percentile | $204k $222k |
V.p. Strategic Initiatives Highest Compensated Employee Median to 75th percentile | $186k $203k |
Regional Director Highest Compensated Employee 10th to 25th percentile | $128k $140k |
Director of Compliance Highest Compensated Employee 10th to 25th percentile | $116k $127k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 2%
from 2022
From $462k in 2022 to $451k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 2% from 2022 to 2023, while revenue fell 22%.
- Chief Operating Officer pay rose 27% from 2022 to 2023.
- Vice President pay rose 15% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
BLACK BUSINESS INVESTMENT FUND INC reported revenue and expenses across 2 filing years.
Common questions about BLACK BUSINESS INVESTMENT FUND INC
What does the Chief Executive Officer of BLACK BUSINESS INVESTMENT FUND INC earn?
In 2023, the Chief Executive Officer of BLACK BUSINESS INVESTMENT FUND INC received $451,106 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at BLACK BUSINESS INVESTMENT FUND INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at BLACK BUSINESS INVESTMENT FUND INC falls in the top 10%.
What are BLACK BUSINESS INVESTMENT FUND INC's revenue and expenses?
In 2023, BLACK BUSINESS INVESTMENT FUND INC reported $7.8M in total revenue and $8.9M in total expenses on its IRS Form 990.
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