- Revenue 2024
- $8,804,597
- Expenses 2024
- $10,024,988
Program services were 82.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S310
- Classification
- 1000
- Street
- 875 HOLLINS ST STE 301
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
WATCHEN HARRIS BRUCE
PRESIDENT AND CEO
- Total calculated
- $199,389
- From this org
- $199,389
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,389
- Bonus
- $6,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $199,389
-
MICHAEL TAGG
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
ALEX AARON
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
ANTONY GROSS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.3
-
LINDA HARRINGTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.3
-
ALICE KENNEDY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
GERARD JOAB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
JEFFREY C WILKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
PAUL T GRAZIANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
MICHAEL F ALLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
CLARENCE J SNUGGS
CHIEF OPERATING OFFICER
- Total calculated
- $145,487
- From this org
- $145,487
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
SEAN E L RUSSELL
CHIEF LENDING OFFICER
- Total calculated
- $125,634
- From this org
- $125,634
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
SUSAN E KELLY
CHIEF FINANCIAL OFFICER
- Total calculated
- $130,654
- From this org
- $130,654
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
BONNIE J CROCKETT
DIRECTOR OF SMALL BUSINESS
- Total calculated
- $112,316
- From this org
- $112,316
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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 — 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $8,804,597
- Expenses
- $10,024,988
- Contributions
- $6,234,648
- Grants paid
- $1,853,500
-
2023
- Revenue
- $6,394,581
- Expenses
- $5,248,201
- Contributions
- $4,080,232
- Grants paid
- $69,750
-
2022
- Revenue
- $4,865,383
- Expenses
- $3,975,555
- Contributions
- $2,390,536
- Grants paid
- $546,150
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Grants made
-
$500,000
2024 OPERATIONS
-
$172,000
2024 APPRAISAL GAP
-
$130,000
2024 APPRAISAL GAP
-
$50,000
2024 OPERATIONS - KEY BRIDGE COLLAPSE
-
$50,000
2024 OPERATIONS - KEY BRIDGE COLLAPSE
-
$50,000
2024 OPERATIONS - KEY BRIDGE COLLAPSE
-
$50,000
2024 OPERATIONS - KEY BRIDGE COLLAPSE
-
$50,000
2024 OPERATIONS - KEY BRIDGE COLLAPSE
-
$50,000
2024 OPERATIONS - KEY BRIDGE COLLAPSE
-
$50,000
2024 OPERATIONS - KEY BRIDGE COLLAPSE
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
2022 Food Ecosystem training/tech assistance
-
$200,000
2023 FINANCE JUSTICE FUND SUBGRANT
-
2022 GRANT DISBURSEMENT TO PARTNER
-
2023 grant - food ecosystem
-
$125,000
2024 1 grant(s) for varying purposes
-
$125,000
2023 1 grant(s) for varying purposes
-
2023 GRANT DISBURSEMENT TO PARTNER
-
2022 GENERAL SUPPORT AND VARIOUS PROJECTS
-
2024 GENERAL SUPPORT AND VARIOUS PROJECTS
-
NEIGHBORHOOD REINVESTMENT CORP
$20,000
2023 GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C)(3) · HOLDS TITLE TO REAL PROPERTY SECURING DEFAULTED LOANS FROM BCL. · MD · controlled entity
-
BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC
501(C)(3) · OFFERS WRAP-AROUND BUSINESS SERVICES IN PARTNERSHIP, COLLABORATION, AND/OR S · MD · controlled entity
Declared as related by
-
BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY IN
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 10 September 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.