2023-11-15T15:45:42-08:00 2022-12-31 364583118 RINGOLD FINANCIAL MANAGEMENT SERVICES 850 S WABASH AVE STE 320 CHICAGO IL 60605 990 2022-01-01 843973294 BUSINESS SERVICES COLLECTIVE NFP BUSI 7082323068 503 EAST 61ST STREET 135 CHICAGO IL 60637 KYLE JOHNSON BOARD SECRETARY/COO 2023-11-15 true KYLE JOHNSON 999009999 true MICHELLE RINGOLD P00777179 3125669705 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z KYLE JOHNSON 503 EAST 61ST STREET 135 CHICAGO IL 60637 569523 false X BUSINESSSERVICESCOLLECTIVE.ORG X 2019 IL PROVIDE AID PRIMARILY TO SMALL BUSINESS OWNERS OF MINORITY COMMUNITIES FROM ECONOMICALLY DEPRESSED AREAS THROUGH ONE-ON-ONE COACHING BUSINESS TRAININGS AND BACK OFFICE SUPPORT IN THE CONSTRUCTION INDUSTRY. 6 4 2 0 24895 568736 228334 750 47 37 0 253276 569523 0 0 237134 248939 0 45278 104975 73372 342109 322311 -88833 247212 42234 275325 42731 28610 -497 246715 PROVIDE AID PRIMARILY TO SMALL BUSINESS OWNERS OF MINORITY COMMUNITIES FROM ECONOMICALLY DEPRESSED AREAS THROUGH ONE-ON-ONE COACHING BUSINESS TRAININGS AND BACK OFFICE SUPPORT IN THE CONSTRUCTION INDUSTRY. false false 234396 PROVIDED 708 HOURS OF TRAINING AND FINANCIAL HEALTH GUIDANCE TO MORE THAN 100 MINORITY-OWNED AND WOMEN-OWNED BUSINESS ENTERPRISES WITHIN THE CONSTRUCTION INDUSTRY SUPPORTING MORE THAN $25 MILLION IN BUSINESS ACTIVITY. HELPED BUSINESS OWNERS GET LOAN READY AND ACCESS $50K IN CAPITAL. 750 750 IN COLLABORATION WITH COMMUNITY PARTNER, DEVELOPED NEW CAPITAL ACCESS PROGRAM FOR MINORITY-OWNED AND WOMEN-OWNED CONSTRUCTION BUSINESSES PARTICIPATING IN THE CLEAN ENERGY AND DECARBONIZATION SECTOR. 235146 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 13 0 true 2 true false false false false false false false 0 false false false false false false false X 6 4 false false false false false false false true true false false true true true true true true true true false IL X KYLE JOHNSON 7082323068 503 EAST 61ST STREET CHICAGO IL 60637 NITIKA NAUTIYAL TREAS/CSO&CDO 40.00 0.00 X X 125300 0 0 KYLE JOHNSON SECRETARY/COO 40.00 0.00 X X 104750 0 0 NORA SOBOLOV BOARD PRESIDENT 1.00 0.00 X X 0 0 0 DELMAR GILLUS Director 1.00 0.00 X 0 0 0 CLAUDETTE SOTO Director 1.00 0.00 X 0 0 0 DEON LUCAS Director 1.00 0.00 X 0 0 0 230050 2 false false false 0 17896 550840 568736 PROF DEV TRAINING 611430 750 750 750 37 37 0 0 0 0 0 0 0 0 569523 750 37 X 0 0 0 0 230050 155284 34508 40258 0 550 371 82 97 0 196 132 30 34 18143 12247 2721 3175 0 0 2805 2805 0 0 0 50925 50925 145 145 10235 9399 386 450 0 0 0 1529 1032 229 268 0 301 203 45 53 0 0 1676 1612 29 35 2761 1864 414 483 OTHER OPERATING EXPENSE 1851 1460 181 210 MEALS AND ENTERTAINMENT 648 472 81 95 LICENSES AND FEES 296 296 BANK SERVICE CHARGES 200 80 120 0 322311 235146 41887 45278 22522 17003 116 100040 11000 148334 0 0 0 0 0 4902 6628 1303 199 1104 0 0 0 3694 2216 0 42234 275325 42731 24360 4250 42731 28610 X -1065 568 246715 -497 246715 42234 275325 247212 X false true X true false X 65020 110230 24895 568736 768881 0 0 65020 110230 24895 568736 768881 0 768881 37 37 0 0 768918 314084 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1303 199 1104 1104 X 569523 569523 569523 322311 322311 322311 Part X : FIN48 Footnote THE ORGANIZATION IS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ITS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME DURING FISCAL YEAR 2022 AND, THEREFORE, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. FOR THE YEAR ENDED DECEMBER 31, 2022, MANAGEMENT HAS DETERMINED THAT THERE WERE NO MATERIAL UNCERTAIN TAX POSITIONS. Form 990, Part VI, Section B, Line 11b THE 990 IS SHARED WITH THE FULL BOARD OF DIRECTORS FOR REVIEW, DISCUSSION, AND ACCEPTANCE. Form 990, Part VI, Section B, Line 12c PERIODIC REVIEWS ARE CONDUCTED BY BOARD OF DIRECTORS AND MAY INCLUDE OUTSIDE ADVISORS AT THE DISCRETION OF THE BOARD. Form 990, Part VI, Section B, Line 15a THERE IS A UNANIMOUS WRITTEN CONSENT BY THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL OF THE OFFICERS' COMPENSATION. Form 990, Part VI, Section B, Line 15b THERE IS A UNANIMOUS WRITTEN CONSENT BY THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL OF THE OFFICERS' COMPENSATION. Form 990, Part VI, Section C, Line 19 No documents available to the public.