Blackstone Business Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Blackstone Business Association (BBA) is dedicated to fostering a vibrant and cohesive community by facilitating meaningful connections among residents, business owners, and stakeholders in Omahas Blackstone District. The organization aims to promote local economic growth, support entrepreneurship, and enhance the overall quality of life in the neighborhood.
- Income
- $147,114
- Spending
- $138,476
- Reserves
- 1.9 months of spending
- Largest source of income
- donations and private grants, 82%
- Highest pay
- $40,000, marketing director
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 36% of charities in its peer group (community improvement, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $75,000 spent. Donation to Harney Street Project Initiative. Estimated 2,000+ individuals, including Blackstone-area business patrons, employees, and residents expected to utilize or benefit from the enhanced transit options.
- $16,959 spent. Public Safety and Beautification. BBA funded a private security contract and district beautification efforts, including enhanced lighting, landscaping, and sidewalk maintenance. These services foster a safe, clean, and attractive environment that supports foot traffic and local commerce. Approximately 400+ residents, business owners, and daily visitors to the Blackstone District.
- $42,911 spent. Community Events and Engagement. BBA organized inclusive neighborhood events like the Spring Fling fundraiser, raising $7,000 while encouraging community pride and cohesion. The events included live entertainment, local vendor showcases, and family-friendly activities to attract both residents and visitor. Roughly 400+ participants, including families, local business supporters, and community members.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.