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ILLINOIS BLACK BUSINESS ASSOCIATION

SPRINGFIELD, Illinois, 62704

EIN: 85-1329281

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
2712 HOLMES AVE
62704
COUNTY
sangamon county, IL
IN CARE OF NAME
LORENZO LOUNDEN

ORGANIZATIONAL OVERVIEW & RANKINGS

ILLINOIS BLACK BUSINESS ASSOCIATION is a based in SPRINGFIELD, IL, focused on Community Improvement, Capacity Building causes , specifically Promotion of Business. Established in December 2020, it operates as an independent corporation and contributions are not tax-deductible .

With total assets of $0.00, this ranks 2,568,230 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 86,586 out of 106,037 organizations in IL (Top 82%).

In sangamon county, IL, the organization ranks 2,596 out of 2,617 nonprofits by assets (Top 100%), while locally in springfield, it stands at 2,106 among 2,238 organizations (Top 94%).

The organization reported no revenue in the most recent filing period, placing it at 2,033,474 nationally and 95,393 in IL.

Within its specific NTEE classification (S41 - S: Community Improvement, Capacity Building), which includes 21,510 similar organizations, ILLINOIS BLACK BUSINESS ASSOCIATION ranks 20,592 in assets (Top 96%) and 20,577 in revenue (Top 96%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S41: Promotion of Business
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Jul. 2023
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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