Regional Business Council is located in Saint Louis, MO. The organization was established in 2001. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Regional Business Council employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional Business Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Regional Business Council generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Regional Business Council has awarded 287 individual grants totaling $8,946,114. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE AND ENGAGE MEMBERS TO ACT ON HIGH-IMPACT BUSINESS, CIVIC AND PHILANTHROPIC AFFAIRS FOR THE BETTERMENT OF THE ST. LOUIS REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUALITY OF LIFE: TO GIVE BACK TO THE REGION THROUGH STRATEGIC COMMUNITY ENGAGEMENT TO IMPROVE THE HEALTH, PROSPERITY, AND GENERAL QUALITY OF LIFE IN THE REGION.-BUILT RELATIONSHIPS BETWEEN THE ELECTED OFFICIALS AND THE COMMUNITY IN LEADERSHIP ROLES TO REDUCE VIOLENT CRIME IN THE REGION.- INVESTED $146,000 IN THE URBAN LEAGUE'S COMMUNITY OUTREACH AND GUN VIOLENCE DE-ESCALATION PROGRAMMING IN NORTH ST. LOUIS CITY TO PROVIDE ESSENTIAL SERVICES TO NEIGHBORHOOD RESIDENTS AND REDUCE THE RATE OF VIOLENT CRIME. AS WELL AS, THEIR ADDITIONAL FOOD SERVICES PROVIDED TO FAMILIES DURING THE COVID-19 PANDEMIC. - INVESTED $20,000 IN THE LEADERSHIP COUNCIL OF SOUTHWESTERN ILLINOIS TO ASSIST IN ECONOIC DEVELOPMENT INITIATIVES AROUND SHARED INTERESTS, WITH SPECIAL FOCUS ON SCOTT AIR FORCE BASE. - PROVIDED $20,000 TO SUPPORT THE GATEWAY ARCH PARK FOUNDATION'S JOURNEY FUND, EXPANDING OPPORTUNITIES FOR CHILDREN FROM REGIONAL PUBLIC SCHOOL DISTRICTS, IN PARTICULAR THOSE DEMONSTRATING THE GREATEST FINANCIAL NEED, TO TOUR THE NEW ARCH EXPERIENCE TO ADVANCE THEIR CULTURAL AND HISTORICAL EDUCATION.- PROVIDED $15,500 TO THE ST. LOUIS POLICE FOUNDATION TO ENSURE CITY AND COUNTY OFFICERS RECEIVED MUCH NEEDED TRAINING, EQUIPMENT, AND TECHNOLOGY.- SUPPORTED GREATER ST. LOUIS INC. WITH FUNDING OF $100,000 TO SUPPORT ECONOMIC GROWTH IN THE COMMUNITY.- CONTRIBUTED $105,000 TO BUILD CAPACITY FOR LOCAL NON-PROFITS SERVING UNDER-RESOURCED YOUTH THROUGH THE RBC'S SOCIAL VENTURE PARTNERS. NON-PROFITS INCLUDED, CHADS COALITION FOR MENTAL HEALTH, DREAM BUILDERS 4 EQUITY, THE SOULFISHER MINISTRIES, UNLEASHING POTENTIAL, AND YOUTH AND FAMILY CENTER.- CONTRIBUTED $20,000 TO THE CENTER FOR CIVIC RESEARCH TO COMPLETE A ROBUST DIGITAL DIVIDE ANALYSIS REPORT. - CONTRIBUTED $200,000 TO THE PAS ASSOCIATION TO SUPPORT IMPLEMENTATION OF THE POLICING STUDY CONDUCTED TO INCREASE EFFICIENCY AND IMPROVE COMMUNITY RELATIONSHIPS FOR CITY AND COUNTY POLICE DEPARTMENTS.- ALLOCATED $22,000 TO NORTHSIDE MISSIONARY BAPTIST CHURCH TO SUPPORT THE COMMUNITY NEEDS DURING THE PANDEMIC. -PROVIDED $50,000 TO BI-STATE DEVELOPMENT AGENCY TO INCREASE PUBLIC TRANSIT PLATFORM SAFETY FOR RESIDENTS.
WORKFORCE/TALENT DEVELOPMENT: TO ADDRESS THE GAPS IN THE POST-SECONDARY WORKFORCE BY SUPPORTING ORGANIZATIONS AND INITIATIVES THAT PROVIDE TECHNICAL AND PROFESSIONAL SKILLS TRAINING FOR HIGH-DEMAND CAREERS REQUIRING SPECIALIZED TRAINING SUCH AS IT, HEALTHCARE, MANUFACTURING AND THE TRADES. - ALLOCATED $100,000 TOWARDS THE URBAN LEAGUE OF METROPOLITAN ST LOUIS' SAVE OUR SONS PROGRAM TO PROVIDE JOB TRAINING AND PLACEMENT SERVICES FOR AFRICAN-AMERICAN MEN AND WOMEN IN NORTH COUNTY AND CITY. - INVESTED $50,000 IN NPOWER ST. LOUIS TO PROVIDE UNDERSERVED POPULATIONS WITH IT AND CYBERSECURITY SKILLS TRAINING AND JOB PLACEMENT SERVICES, CREATING PATHWAYS TO ECONOMIC PROSPERITY TO ENSURE THESE TALENT POOLS ARE NOT LEFT BEHIND IN THE GROWING TECHNOLOGY WORKFORCE.- CONTRIBUTED $10,000 TO THE MISSOURI CHAMBER FOUNDATION TO SUPPORT THE SECOND YEAR OF THE SHOW ME CAREERS PROGRAM ALLOWING COUNSELORS AND TEACHERS FROM ST. LOUIS TO LEARN MORE ABOUT SKILLED CAREERS. - CONTRIBUTED $2,500 TO ST. LOUIS UNIVERSITY FOR THEIR SECOND CHANCE CAREER FAIR CONNECTING JUSTICE-INVOLVED INDIVIDUALS WITH JOB OPPORTUNITIES. TO ATTRACT, RETAIN AND DEVELOP A HIGHLY SKILLED, DIVERSE WORKFORCE IN THE ST. LOUIS REGION BY PROVIDING VALUABLE OPPORTUNITIES FOR NETWORKING, PROFESSIONAL DEVELOPMENT, AND COMMUNITY INVOLVEMENT.- FOSTERED MENTORING OPPORTUNITIES WITH SENIOR LEADERS FROM RBC COMPANIES FOR 150 COLLEGE STUDENTS ACROSS THE STATE THROUGH THE MENTOR NETWORK, EXPANDING INTO HIGH NEED SECTORS SUCH AS INFORMATION TECHNOLOGY. - EXPANDED THE YOUNG PROFESSIONALS NETWORK TO 3,800 ETHNICALLY DIVERSE PROFESSIONALS WHILE CELEBRATING THE 10-YEAR ANNIVERSARY OF THIS PROGRAM THAT FOSTERS BUSINESS AND SOCIAL CONNECTIONS ALONG WITH OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT AND COMMUNITY SERVICE. - HOSTED A VARIETY OF NETWORKING EVENTS, CIVIC ENGAGEMENT, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR YOUNG PROFESSIONALS IN ST. LOUIS.- PROVIDED HAWTHORN FOUNDATION WITH FUNDING OF $20,000 TO SUPPORT BUSINESS GROWTH.
PHILANTHROPY: TO INCREASE THE LEVEL OF GIVING AND INVOLVEMENT OF RBC MEMBERS AND THE BUSINESS COMMUNITY IN THE UNITED WAY AND A MYRIAD OF OTHER NONPROFIT ORGANIZATIONS.- RAISED $14.0 MILLION FOR THE UNITED WAY OF GREATER ST. LOUIS.- COLLABORATED WITH LOCAL FOUNDATIONS AND CHARITABLE ORGANIZATIONS TO INCREASE OVERALL PHILANTHROPY IN THE REGION AND AMONG RBC MEMBERS. - ENCOURAGED AND FACILITATED MEMBER PARTICIPATION ON COMMUNITY BOARDS AND COMMISSIONS TO EXPAND RBC MEMBERS' INVOLVEMENT AND COMMITMENT TO THE COMMUNITY.- CONTRIBUTED $50,000 TO DEVELOP NEW LEADERSHIP-LEVEL GIVERS THROUGH THE RBC'S MATCHING GIFT FUND FOR THE UNITED WAY, BUILDING CAPACITY FOR THE FUTURE OF LOCAL CHARITABLE GIVING.- IMPLEMENTED THE NINTH ROUND OF IT'S OUR REGION FUND GRANT PROGRAM, ALLOCATING $100,000 FOR 26 CAPITAL IMPROVEMENT PROJECTS THROUGH THE "SMALL CHANGE, BIG IMPACT" INITIATIVE IN SUPPORT OF LOCAL NON-PROFIT AGENCIES.- INVESTED $6,800 IN THE CULTURAL INFRASTRUCTURE OF ST. LOUIS BY SUPPORTING LOCAL ARTS INITIATIVES AND INSTITUTIONS, INCLUDING THE ST. LOUIS SYMPHONY ORCHESTRA.- PROVIDED A TOTAL OF $20,000 TO NONPROFIT LEADERS TO ATTEND THE WASHINGTON UNIVERSITY BUSINESS MANAGEMENT FOR NONPROFIT LEADERS COURSE.-PROVIDED $20,000 TO THE HAWTHORN FOUNDATION TO SUPPORT ECONOMIC DEVELOPMENT IN MISSOURI.
EDUCATION REFORM: TO INVEST IN THE ECONOMIC FUTURE OF OUR REGION BY ADVANCING OPPORTUNITIES FOR LEARNING AND ACADEMIC EXCELLENCE FOR EVERY CHILD IN THE REGION, ESPECIALLY DISADVANTAGED YOUTH. - CONTRIBUTED $55,046 IN FUNDING TO GROW THE KNOWLEDGE IS POWER PROGRAM (KIPP) CHARTER SCHOOLS' NETWORK BY RECRUITING QUALIFIED TEACHERS AND PRINCIPALS TO ST. LOUIS.- ALLOCATED $25,000 TO SUPPORT STRATEGIC PLANNING AND INITIATIVE SUPPORT FOR THE OPPORTUNITY TRUST, A NON-PROFIT ORGANIZATION WITH THE MISSION OF ADVANCING THE NUMBER OF QUALITY SEATS IN THE REGION'S UNDERSERVED K-12 SCHOOLS AND ESTABLISHING A PARENTAL ADVOCACY GROUP TO PROMOTE INCREASED INVOLVEMENT IN EDUCATION OUTCOMES. - CONTRIBUTED $20,000 TO INCREASE MEANINGFUL SUMMER EMPLOYMENT OPPORTUNITIES THROUGH STL YOUTH JOBS TO ENSURE CONTINUED DEVELOPMENT OF STUDENTS OUTSIDE THE ACADEMIC YEAR.- CONTRIBUTED $2,500 TO CARDINAL RITTER PREPARATORY SCHOOL TO PROVIDE QUALITY EDUCATION TO STUDENTS. - CONTRIBUTED $3,500 TO THE KWAME FOUNDATION TO IMPROVE EDUCATIONAL OPPORTUNITIES FOR MINORITY STUDENTS. - MONITORED EDUCATION POLICY AT THE STATE LEVEL AND WORKED WITH THE MISSOURI DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION TO IMPROVE EDUCATIONAL OUTCOMES. DIVERSITY AND INCLUSION: TO DEVELOP AND PROMOTE A GLOBALLY DIVERSE WORKFORCE AND MINORITY-FRIENDLY BUSINESS COMMUNITY TO ENSURE THE REGION IS ABLE TO COMPETE AND THAT ALL CITIZENS TO HAVE ACCESS TO OPPORTUNITIES. - PROVIDED $15,000 TO THE ASIAN-AMERICAN AND $35,000 TO THE HISPANIC CHAMBERS OF COMMERCE TO PROMOTE MINORITY-OWNED BUSINESSES AND PROFESSIONAL DIVERSITY. - ALLOCATED $15,000 TO THE ST. LOUIS MOSAIC PROJECT TO SUPPORT THEIR MISSION OF ESTABLISHING THE ST. LOUIS REGION AS THE FASTEST -GROWING DESTINATION FOR FOREIGN-BORN STUDENTS AND RETAINING THEM AS PROFESSIONALS AFTER GRADUATION. - CONTRIBUTED $5,000 TO ROYAL VAGABONDS TO INCREASE EDUCATIONAL OPPORTUNITIES FOR BLACK MEN. - FILLED BOARD SEATS AT CIVIC ORGANIZATIONS WITH MEMBERS OF THE YOUNG PROFESSIONALS NETWORK'S LEADERSHIP 100.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathleen T Osborn President And CEO | Officer | 60 | $476,981 |
Austin Walker Vice President | 40 | $170,412 | |
Alaina Macia Director / Vice Chair | OfficerTrustee | 2 | $0 |
Victor L Richey Jr Director / Chair | OfficerTrustee | 2 | $0 |
Susan Mccollum Director / Vice Chair | OfficerTrustee | 2 | $0 |
Anthony Thompson Director / Vice Chair | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,110,750 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,047,375 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,158,125 |
Total Program Service Revenue | $0 |
Investment income | $23,858 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,181,983 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,480,907 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $569,456 |
Compensation of current officers, directors, key employees. | $28,472 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $517,314 |
Pension plan accruals and contributions | $29,121 |
Other employee benefits | $39,360 |
Payroll taxes | $44,534 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $37,807 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $766 |
Fees for services: Other | $31,214 |
Advertising and promotion | $87,228 |
Office expenses | $77,117 |
Information technology | $24,338 |
Royalties | $0 |
Occupancy | $107,621 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $43,391 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,220 |
All other expenses | $0 |
Total functional expenses | $3,125,968 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $85 |
Savings and temporary cash investments | $4,280,240 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $423,094 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,703,419 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $2,213,625 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $470,851 |
Total liabilities | $2,684,476 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $2,018,943 |
Total liabilities and net assets/fund balances | $4,703,419 |
Over the last fiscal year, Regional Business Council has awarded $1,287,311 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
Saint Louis, MO PURPOSE: REGIONALISM | $252,760 |
Saint Louis, MO PURPOSE: REGIONALISM | $200,000 |
St Louis, MO PURPOSE: REGIONALISM | $100,000 |
St Louis, MO PURPOSE: EDUCATION | $55,046 |
Saint Louis, MO PURPOSE: DIVERSITY | $55,000 |
BI-STATE DEVELOPMENT AGENCY SECURE PLATFORM PLAN PURPOSE: REGIONALISM | $50,000 |
Over the last fiscal year, we have identified 5 grants that Regional Business Council has recieved totaling $269,000.
Awarding Organization | Amount |
---|---|
United Way Of Greater St Louis Inc Saint Louis, MO PURPOSE: CCS - Strengthen Communities | $125,000 |
St Louis Community Foundation St Louis, MO PURPOSE: COMMUNITY BLDG, IMPROVEMENT & CAPACITY BUILDING | $85,000 |
Community Foundation Of The Quincy Area Quincy, IL PURPOSE: IT'S OUR REGION FUND | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $19,500 |
Bkd Foundation Springfield, MO PURPOSE: General Purpose | $19,500 |
Organization Name | Assets | Revenue |
---|---|---|
Kentucky River Foothills Development Council Inc Richmond, KY | $12,381,295 | $19,871,173 |
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Community Action Of Southern Kentucky Incorporated Bowling Green, KY | $10,381,389 | $18,999,181 |
Northern Kentucky Community Action Commisson Inc Covington, KY | $8,823,439 | $18,121,235 |
Embarras River Basin Agency Inc Greenup, IL | $2,961,671 | $18,793,359 |
Jefferson Franklin Community Action Corporation Hillsboro, MO | $6,544,452 | $18,340,130 |
Tri-County Opportunities Council Rock Falls, IL | $4,101,390 | $18,238,868 |
Upper Des Moines Opportunity Inc Graettinger, IA | $5,376,639 | $17,208,548 |
Central Nebraska Community Action Partnership Inc Loup City, NE | $11,182,517 | $15,277,585 |
Community Action Agency Of Siouxland Sioux City, IA | $5,735,581 | $15,017,682 |
Mid-Iowa Community Action -Mica- Incorporated Marshalltown, IA | $3,849,705 | $14,587,976 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |