Better Black Business Initiative

Better Black Business Initiative is a charitable organization (also an educational organization) in Brooklyn Park, Minnesota. Its tax id (EIN) is 33-3071623. It was granted tax-exempt status by IRS in February, 2025. For detailed information such as income and other financial data of Better Black Business Initiative, refer to the following table.


Profile of Better Black Business Initiative

Organization Name Better Black Business Initiative
Other NameB3i
Tax Id (EIN)33-3071623
Address 5208 Brookdale Dr N, Brooklyn Park, MN 55443-3009
In Care of Name Lebrent Speed
All tax-exempt organizations in zip code 55443
Tax PeriodAssetIncomeRevenue
0$0$0$0
IRS Exempt Status Ruling Date February, 2025
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Community Improvement, Capacity Building
Tax Exempt Activity Management & Technical Assistance
NTEE CodeS02
Foundation Type Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Organization Type Corporation
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Required to file Form 990-N - Income less than $25,000 per year
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$0
Income Range Reported on Form 990$0
Accounting Period 01