Business Development Board of Palm Beach County
Public records raise at least one point you should look into before giving.
What it says it does
TO CREATE JOBS FOR ALL RESIDENTS THROUGH COUNTYWIDE ECONOMIC DEVELOPMENT PROGRAMS SUCH AS RECRUITMENT, RETENTION, AND EXPANSION OF COMPANIES IN PALM BEACH COUNTY.
- Income
- $4.5 million
- Spending
- $3.9 million
- Employees
- 13
- Volunteers
- 51
- Highest pay
- $587,048, president & ceo
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. 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)
- BUSINESS RECRUITMENT, RETENTION, AND EXPANSION - TO CREATE HIGH-QUALITY JOBS, DIVERSIFY THE ECONOMIC BASE, AND RELOCATE NEW COMPANIES TO PALM BEACH COUNTY, AS WELL AS GROWTH AND RETENTION OF COMPANIES ALREADY LOCATED HERE.
- MARKETING - MANAGE PROGRAMS THAT BUILD PUBLIC AWARENESS OF PALM BEACH COUNTY AS A GLOBALLY COMPETITIVE BUSINESS LOCATION. DEVELOP NATIONAL AND INTERNATIONAL MEDIA CAMPAIGNS TO PROMOTE THE COUNTY TO CEO'S LOOKING TO RELOCATE OR EXPAND THEIR OPERATIONS.
- MEMBERSHIP DEVELOPMENT AND EVENTS - ENGAGE PALM BEACH COUNTY BUSINESS LEADERS IN MEMBERSHIP PROGRAMS AND EVENTS FOCUSED ON ECONOMIC DEVELOPMENT ISSUES.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. 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)(6) business league.
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 October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, 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 September 2025.
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 October 1982.
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 October 21, 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.