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Filing year 2024

THE BLACK BUSINESS ALLIANCE INC

Milford, Connecticut·EIN 47-5102290·NTEE S40 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$1.3M
Total assets
$392k
Total expenses
$1.1M
Reported officers
8
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.

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 in Connecticut.

Executive Director
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 7 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 THE BLACK BUSINESS ALLIANCE INC equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
13%
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.

Up 5%
from 2023

From $137k in 2023 to $144k in 2024.

$137k
2023
$144k
2024
In today's dollarsEst.
Up 2% in real terms$153k to $156k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 93%.

$137k in 2023 to $144k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about THE BLACK BUSINESS ALLIANCE INC

What does the Chief Executive Officer of THE BLACK BUSINESS ALLIANCE INC earn?

In 2024, the Chief Executive Officer of THE BLACK BUSINESS ALLIANCE INC received $144,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Connecticut, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE BLACK BUSINESS ALLIANCE INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Connecticut, the 2024 pay of the Chief Executive Officer at THE BLACK BUSINESS ALLIANCE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at THE BLACK BUSINESS ALLIANCE INC equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are THE BLACK BUSINESS ALLIANCE INC's revenue and expenses?

In 2024, THE BLACK BUSINESS ALLIANCE INC reported $1.3M in total revenue and $1.1M in total expenses on its IRS Form 990.

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