COALITION FOR BUSINESS DEVELOPMENT: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: COALITION FOR BUSINESS DEVELOPMENT (EIN 83-1996899)
Tax period: 2025-01-01 to 2025-12-31
Filed: 2026-05-12
IRS object ID: 202631329349305958
Schema version: 2025v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-12T16:13:41-04:00	ReturnTs
Tax Period End	2025-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	521373858	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DELEON & STANG CPAS AND ADVISORS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	150 S EAST ST STE 103	AddressLine1Txt
City	FREDERICK	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	217016175	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2025-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	831996899	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COALITION FOR BUSINESS DEVELOPMENT	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	COAL	BusinessNameControlTxt
Phone	3032231100	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	675 15TH STREET SUITE 2900	AddressLine1Txt
City	DENVER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80202	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAVID COHEN	PersonNm
Person Title	CHAIR	PersonTitleTxt
Phone	3032231100	PhoneNum
Signature	2026-03-27	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CLINT LEHMAN CPA	PreparerPersonNm
PTIN	P00840525	PTIN
Phone	3012507400	PhoneNum
Preparation	2026-05-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2025	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DAVID COHEN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	675 15TH STREET SUITE 2900	AddressLine1Txt
City	DENVER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80202	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$600,000	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	COALTIONFORBUSINESSDEVELOPMENT.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2018	FormationYr
Legal Domicile State	DC	LegalDomicileStateCd
Activity Or Mission	TO ADVOCATE FOR BUSINESS DEVELOPMENT COMPANIES AS CRITICAL COMPONENTS OF MAIN STREET SMALL, MIDDLE MARKET AND VENTURE LENDING, JOB CREATION, AND ECONOMIC GROWTH WITH POLICYMAKERS, THOUGHT LEADERS, AND THE GENERAL PUBLIC.	ActivityOrMissionDesc
Voting Members Governing Body	18	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	18	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$180,000	PYProgramServiceRevenueAmt
CY Program Service Revenue	$600,000	CYProgramServiceRevenueAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$180,000	PYTotalRevenueAmt
CY Total Revenue	$600,000	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$363,157	PYOtherExpensesAmt
CY Other Expenses	$330,212	CYOtherExpensesAmt
PY Total Expenses	$363,157	PYTotalExpensesAmt
CY Total Expenses	$330,212	CYTotalExpensesAmt
PY Revenues Less Expenses	-$183,157	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$269,788	CYRevenuesLessExpensesAmt
Total Assets BOY	$224,060	TotalAssetsBOYAmt
Total Assets EOY	$493,848	TotalAssetsEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$224,060	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$493,848	NetAssetsOrFundBalancesEOYAmt
Mission	TO ADVOCATE FOR BUSINESS DEVELOPMENT COMPANIES AS CRITICAL COMPONENTS OF MAIN STREET SMALL, MIDDLE MARKET AND VENTURE LENDING, JOB CREATION, AND ECONOMIC GROWTH WITH POLICYMAKERS, THOUGHT LEADERS, AND THE GENERAL PUBLIC.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	THE COALITION FOR BUSINESS DEVELOPMENT (CBD) IS A MEMBER-DRIVEN, WASHINGTON-BASED TRADE ASSOCIATION THAT ADVOCATES EXCLUSIVELY ON BEHALF OF BUSINESS DEVELOPMENT COMPANIES (BDCS) TO EXPAND THEIR ABILITY TO PROVIDE NECESSARY GROWTH CAPITAL TO SMALL- AND MIDDLE-MARKET MAIN STREET BUSINESSES SO THEY CAN EXPAND, INVEST, AND CREATE JOBS. THE CBD IS THE SUCCESSOR TO THE COALITION FOR SMALL BUSINESS GROWTH, AN AD-HOC COALITION OF BDCS THAT IN 2018 SECURED PASSAGE OF THE SMALL BUSINESS CREDIT AVAILABILITY ACT, PRODUCED RESEARCH AND DATA ON THE BDC INDUSTRY, AND CHAMPIONED MODERNIZATION OF DECADES-OLD BDC REGULATION.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	WHEREAS, MEMBERSHIP IN CBD IS GENERALLY OPEN TO ALL BUSINESS DEVELOPMENT COMPANIES (BDCS) (TRADED AND NON-TRADED) THAT HAVE A LEGITIMATE INTEREST IN ADVANCING AND PROMOTING CERTAIN COMMON BUSINESS INTERESTS ASSOCIATED WITH BUSINESS DEVELOPMENT COMPANIES.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	Yes (true)	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	1	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	18	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	KATLIN LONGFIELD	PersonNm
Phone	3032231100	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	675 15TH STREET SUITE 2900	AddressLine1Txt
City	DENVER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80202	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
DAVID COHEN
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
JOSHUA BLOOMSTEIN
DIRECTOR	0.50	Yes (X)		$0	$0	$0
JOHN STILLMAR
DIRECTOR	0.50	Yes (X)		$0	$0	$0
VICKIE ALVO
DIRECTOR	0.50	Yes (X)		$0	$0	$0
TOM HENNIGAN
DIRECTOR	0.50	Yes (X)		$0	$0	$0
JOSHUA LEFKOWITZ
DIRECTOR	0.50	Yes (X)		$0	$0	$0
ERICA FRONTIERO
DIRECTOR	0.50	Yes (X)		$0	$0	$0
STACEY DION
DIRECTOR	0.50	Yes (X)		$0	$0	$0
MINH TA
DIRECTOR	0.50	Yes (X)		$0	$0	$0
MIKE GERBER
DIRECTOR	0.50	Yes (X)		$0	$0	$0
JASON COLE
DIRECTOR	0.50	Yes (X)		$0	$0	$0
SHIRAZ KAJAEE
DIRECTOR	0.50	Yes (X)		$0	$0	$0
JOHN KLINE
DIRECTOR	0.50	Yes (X)		$0	$0	$0
ALEX KATZ
DIRECTOR	0.50	Yes (X)		$0	$0	$0
JILLIAN FITZPATRICK
DIRECTOR	0.50	Yes (X)		$0	$0	$0
JULLIA TISHMAN
DIRECTOR	0.50	Yes (X)		$0	$0	$0
BRAD MARSHALL
DIRECTOR	0.50	Yes (X)		$0	$0	$0
STEVE FLANTSBAUM
DIRECTOR	0.50	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BROWNSTEIN HYATT FARBER SCHRECK	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	675 15TH STREET SUITE 2900	AddressLine1Txt
City	DENVER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80202	ZIPCd

Field	Value	IRS element (for citing)
Services	GOVT RELATIONS	ServicesDesc
Compensation	$330,132	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	MEMBER DUES	Desc
Business	900099	BusinessCd
Total Revenue Column	$600,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$600,000	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$600,000	TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$600,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$600,000	RelatedOrExemptFuncIncomeAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$132	TotalAmt
Program Services	$132	ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
GOVERNMENT RELATIONS	$330,000	$330,000
BUSINESS LICENSES	$80	$80

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$330,212	TotalAmt
Program Services	$330,212	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$164,060	BOYAmt
EOY	$373,848	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$60,000	BOYAmt
EOY	$120,000	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$224,060	BOYAmt
EOY	$493,848	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$224,060	BOYAmt
EOY	$493,848	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$224,060	BOYAmt
EOY	$493,848	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$224,060	BOYAmt
EOY	$493,848	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$269,788	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nonded	false	SubstantiallyAllDuesNondedInd
Only In House Lobbying	false	OnlyInHouseLobbyingInd
Agree Carryover Prior Year	Yes (true)	AgreeCarryoverPriorYearInd
Dues Assessments	$600,000	DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY	$330,000	NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov	-$210,000	NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot	$120,000	NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc	$600,000	AggregateReportedDuesNtcAmt
Taxable	-$480,000	TaxableAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6	THE ORGANIZATION HAS THREE CLASSES OF MEMBERSHIP: (1) ORIGINAL MEMBERS; (2) FULL MEMBERS; AND (3) ASSOCIATE MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7A	ORIGINAL MEMBERS HAVE THE RIGHT TO APPOINT ONE DIRECTOR TO THE BOARD OF DIRECTORS. FULL MEMBERS HAVE THE RIGHT TO NOMINATE ONE INDIVIDUAL TO SERVE AS A DIRECTOR ON THE BOARD OF DIRECTORS. ASSOCIATE MEMBERS DO NOT HAVE THE RIGHT TO VOTE, OR TO APPOINT OR NOMINATE DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 11B	THE FINAL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12C	EACH DIRECTOR RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY AND SIGNS A DISCLOSURE STATING THAT THEY HAVE READ, UNDERSTAND, AND WILL COMPLY WITH THE POLICY. EACH DIRECTOR MUST DISCLOSE THE EXISTENCE OF A FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS. IF A CONFLICT OF INTEREST ARISES, THE DIRECTOR LEAVES THE MEETING WHILE THE CONFLICT IS DISCUSSED AND IS RECUSED FROM VOTING ON THE MATTER.
FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.