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← BUSINESSES UNITED IN INVESTING LENDING AND DEVELOPMENT

Form 990 for tax year 2023

Filed by BUSINESSES UNITED IN INVESTING LENDING AND DEVELOPMENT.

Totals

Total revenue
$5,875,056
Total expenses
$11,832,039
Contributions and grants received
$5,377,497
Grants paid
$277,788
Program service revenue
$359,615
Investment income
$315,965
Other revenue
-$178,021
Total assets, end of year
$8,798,826
Total liabilities, end of year
$441,087
Net assets or fund balances, end of year
$8,357,739
Program services expenses (Part IX)
$7,573,155
Management and general expenses
$2,290,529
Fundraising expenses
$1,968,355
Program service expenses (Part III)
$7,573,155

Program services were 64.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • THAIS REZENDE

    PRESIDENT & INTERIM CEO

    Total calculated
    $257,286
    From this org
    $235,302
    From related orgs
    $0
    Other
    $21,984
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $226,302
    Bonus
    $9,000
    Other
    $0
    Deferred
    $5,963
    Nontaxable benefits
    $16,021
    Filer's total
    $257,286

  • BILL TAYLOR

    CEO (THRU 2/24)

    Total calculated
    $249,012
    From this org
    $230,865
    From related orgs
    $0
    Other
    $18,147
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $226,265
    Bonus
    $4,600
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,147
    Filer's total
    $249,012

  • DESIREE FORD

    CFOO

    Total calculated
    $211,580
    From this org
    $194,203
    From related orgs
    $0
    Other
    $17,377
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $190,703
    Bonus
    $3,500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,377
    Filer's total
    $211,580

  • EDWARD WILSON

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $202,195
    From this org
    $196,100
    From related orgs
    $0
    Other
    $6,095
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $188,700
    Bonus
    $7,400
    Other
    $0
    Deferred
    $5,883
    Nontaxable benefits
    $212
    Filer's total
    $202,195

  • SYBIL MIMY-WELLS

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $194,871
    From this org
    $191,954
    From related orgs
    $0
    Other
    $2,917
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $188,787
    Bonus
    $3,167
    Other
    $0
    Deferred
    $2,631
    Nontaxable benefits
    $286
    Filer's total
    $194,871

  • SUE DALELLO

    SR NAT'L DIR, OFFICES OF CEO & PRES.

    Total calculated
    $190,343
    From this org
    $168,375
    From related orgs
    $0
    Other
    $21,968
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $162,010
    Bonus
    $6,365
    Other
    $0
    Deferred
    $5,061
    Nontaxable benefits
    $16,907
    Filer's total
    $190,343

  • RYAN OLIVER

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $177,000
    From this org
    $156,178
    From related orgs
    $0
    Other
    $20,822
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $149,778
    Bonus
    $6,400
    Other
    $0
    Deferred
    $5,088
    Nontaxable benefits
    $15,734
    Filer's total
    $177,000

  • BRIAN COSTANZO

    DIRECTOR OF BUSINESS DEVELOPMENT

    Total calculated
    $186,489
    From this org
    $151,902
    From related orgs
    $0
    Other
    $34,587
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $145,502
    Bonus
    $6,400
    Other
    $0
    Deferred
    $5,088
    Nontaxable benefits
    $29,499
    Filer's total
    $186,489

  • AYELE SHAKUR

    FORMER CEO (THRU 1/23)

    Total calculated
    $70,917
    From this org
    $70,417
    From related orgs
    $0
    Other
    $500
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $10,417
    Bonus
    $60,000
    Other
    $0
    Deferred
    $500
    Nontaxable benefits
    $0
    Filer's total
    $70,917

  • ROY HIRSHLAND

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • ELDRIDGE GRAY

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • DOUG BRIEN

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • AJAY AGARWAL

    MEMBER (THRU 6/24)

    Total calculated
    $0
    Hours/week
    1

  • AFDHEL AZIZ

    MEMBER (THRU 12/23)

    Total calculated
    $0
    Hours/week
    1

  • MOHAMED FAHMI

    MEMBER (THRU 6/24)

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL FARB

    MEMBER (THRU 1/24)

    Total calculated
    $0
    Hours/week
    2

  • MATT FLANAGAN

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DORA GOUGOUFKAS

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • KARL JACOB

    MEMBER (THRU 6/24)

    Total calculated
    $0
    Hours/week
    1

  • GAGAN KANJLIA

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID LI

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DAVID PEINSIPP

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL PORTEGELLO

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • TRISH WALKER

    MEMBER (THRU 3/24)

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
BONUSES ARE UNBUDGETED AND DETERMINED AT THE END OF THE YEAR ON COMPANY PERFORMANCE AND CASH AVAILABILITY. THE BOARD AT ITS DISCRETION PROVIDES BONUSES FOR EMPLOYEES THAT MEET STANDARD PERFORMANCE RELATED GOALS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
6 May 2025
IRS schema version
2023v6.0
Source object
202541279349301729

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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