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Filing year 2024

RHODE ISLAND BLACK BUSINESS ASSOCIATION

Providence, Rhode Island·EIN 45-1454867·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$1.9M
Total assets
$2.5M
Total expenses
$1.4M
Reported officers
19
Mission

THE RHODE ISLAND BLACK BUSINESS ASSOCIATION (RIBBA) IS A 501(C)(6) NONPROFIT ORGANIZATION COMMITTED TO CLOSING THE RACIAL WEALTH GAP AND ADVANCING ECONOMIC EQUITY ACROSS RHODE ISLAND. RIBBA OFFERS A COMPREHENSIVE MENU OF PROGRAMS AND SERVICES DESIGNED TO MEET ENTREPRENEURS, SMALL BUSINESSES, AND INDIVIDUALS WHERE THEY ARE. ADDITIONALLY, RIBBA TAILORS ITS PROGRAMMING TO BE CULTURALLY RESPONSIVE. THESE PROGRAMS ARE COMPLEMENTED BY ADDITIONAL SERVICES SUCH AS MARKETING, WEBSITE DEVELOPMENT, FINANCIAL LITERACY AND WORKFORCE TRAINING. RIBBA SUPPORTS THE GROWTH AND SUSTAINABILITY OF SMALL BUSINESSES THROUGH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE, WORKFORCE DEVELOPMENT, LEADERSHIP PROGRAMS, AND ADVOCACY

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President
Median to 75th percentile
$144k
$156k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RHODE ISLAND BLACK BUSINESS ASSOCIATION equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
10%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RHODE ISLAND BLACK BUSINESS ASSOCIATION

What does the Chief Executive Officer of RHODE ISLAND BLACK BUSINESS ASSOCIATION earn?

In 2024, the Chief Executive Officer of RHODE ISLAND BLACK BUSINESS ASSOCIATION received $144,058 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RHODE ISLAND BLACK BUSINESS ASSOCIATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at RHODE ISLAND BLACK BUSINESS ASSOCIATION falls between the median and the 75th percentile. In 2024, the highest total compensation at RHODE ISLAND BLACK BUSINESS ASSOCIATION equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are RHODE ISLAND BLACK BUSINESS ASSOCIATION's revenue and expenses?

In 2024, RHODE ISLAND BLACK BUSINESS ASSOCIATION reported $1.9M in total revenue and $1.4M in total expenses on its IRS Form 990.

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