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Nonprofiteer
← BBIF CAPITAL INC

Form 990 for tax year 2024

Filed by BBIF CAPITAL INC.

Totals

Total revenue
$7,588,397
Total expenses
$7,364,796
Contributions and grants received
$793,057
Grants paid
$138,000
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$5,576,364
Management and general expenses
$1,788,432
Fundraising expenses
$0
Program service expenses (Part III)
$5,576,364

Program services were 75.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DUANE LEWIS

    CHIEF OPERATING OFFICER

    Total calculated
    $317,575
    From this org
    $0
    From related orgs
    $317,575
    Other
    $0
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $221,100
    Bonus
    $10,912
    Other
    $85,563
    Deferred
    $9,527
    Nontaxable benefits
    $39,880
    Filer's total
    $366,982

  • ORAINE REED

    CHIEF FINANCIAL OFFICER

    Total calculated
    $286,901
    From this org
    $0
    From related orgs
    $286,901
    Other
    $0
    Hours/week
    37

    Schedule J breakdown matched by us

    Base
    $190,950
    Bonus
    $10,346
    Other
    $85,605
    Deferred
    $8,607
    Nontaxable benefits
    $12,542
    Filer's total
    $308,050

  • JASMINE GEBON

    CHIEF STRATEGY OFFICER

    Total calculated
    $213,207
    From this org
    $0
    From related orgs
    $213,207
    Other
    $0
    Hours/week
    37

    Schedule J breakdown matched by us

    Base
    $190,950
    Bonus
    $9,554
    Other
    $12,703
    Deferred
    $6,396
    Nontaxable benefits
    $39,860
    Filer's total
    $259,463

  • INEZ LONG

    FORM CEO

    Total calculated
    $207,797
    From this org
    $0
    From related orgs
    $207,797
    Other
    $0
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $167,750
    Bonus
    $0
    Other
    $40,047
    Deferred
    $14,805
    Nontaxable benefits
    $20,555
    Filer's total
    $243,157

  • MYRLANDE SIMEON

    REGIONAL DIRECTOR SF

    Total calculated
    $136,817
    From this org
    $0
    From related orgs
    $136,817
    Other
    $0
    Hours/week
    40

  • CHARLES KOLLO

    INOVATION DIRECTOR

    Total calculated
    $129,793
    From this org
    $0
    From related orgs
    $129,793
    Other
    $0
    Hours/week
    40

  • TRAMALL ALSTON

    LENDING DIRECTOR

    Total calculated
    $128,314
    From this org
    $0
    From related orgs
    $128,314
    Other
    $0
    Hours/week
    40

  • DONNA DINGLE

    CHIEF COMPLIANCE OFFICER

    Total calculated
    $118,095
    From this org
    $0
    From related orgs
    $118,095
    Other
    $0
    Hours/week
    40

  • RAYMOND GILLEY

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $11,458
    From this org
    $0
    From related orgs
    $11,458
    Other
    $0
    Hours/week
    37

  • JOYCE ODONGO

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    4

  • MARILYN DRAYTON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • GAVIN HAYDEN

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • ESTHER MARSHALL

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • GORDON KNOWLES

    DIRECTOR

    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

None.

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 3
THE EXECUTIVE DIRECTORS SALARY IS DETERMINE BY THE BOARD OF DIRECTORS.
Pt I Line 4b
12% OF THE EXECUTIVE DIRECTORS BASE SALARY IS PAID AS A NONQUALIFIED PLAN AMOUNT TO COMPENSATE FOR THE YEARS THE ORGANIZATION DID NOT HAVE THE ABILITY TO PAY INTO A QUALIFIED PLAN. THE NONQUALIFIED AMOUNT IS INCLUDED IN ANNUAL THE COMPENSATION OF THE EXECUTIVE DIRECTOR.

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

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.2
Source object
202602179349301605

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