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  5. Business Development Company of Rhode Island

Business Development Company of Rhode Island

Company Details

Name: Business Development Company of Rhode Island
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 11 Feb 1953 (72 years ago)
Identification Number: 000003141
ZIP code: 02903
County: Providence County
Principal Address: 40 WESTMINSTER STREET SUITE 702 SUITE 702, PROVIDENCE, RI, 02903, USA
Purpose: ENACTED BY THE GENERAL ASSEMBLY DURING THE JANUARY SESSION 1953. TO PROMOTE, ASSIST, ENCOURAGE AND, IN CONJUNCTION WITH SUCH BANKING CORPORATION OR INSTITUTIONS, TRUST COMPANIES, SAVINGS BANKS, BUILDING AND LOAN ASSOCIATIONS, INSURANCE COMPANIES, CREDIT UNIONS, (SEE FILE FOR MORE) JANUARY SESSION 1953
NAICS: 522294 - Secondary Market Financing
Fictitious names: The Business Development Company (trading name, 2022-07-01 - )
Historical names: RHODE ISLAND DEVELOPMENT COMPANY

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2023 050268310 2024-08-21 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2024-08-21
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-08-21
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2022 050268310 2023-07-20 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2023-07-20
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-07-20
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2021 050268310 2022-08-01 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2022-08-01
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-08-01
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2020 050268310 2021-07-16 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2021-07-16
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-07-16
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2019 050268310 2020-08-27 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2020-08-27
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-08-27
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2018 050268310 2019-07-03 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2019-07-03
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-07-03
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2017 050268310 2018-08-31 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2018-08-31
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-08-31
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2016 050268310 2017-08-09 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2017-08-09
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-08-09
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2015 050268310 2016-08-22 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2016-08-22
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-08-22
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND RETIREMENT PLAN 2014 050268310 2015-08-07 BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2015-08-07
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2015-08-07
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2014/08/18/20140818132911P030029897087001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2014-08-18
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2014-08-18
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2013/09/27/20130927150418P030011873777001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Signature of
Role Plan administrator
Date 2013-09-27
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2013-09-27
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2012/08/23/20120823114445P040036332882001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Plan administrator’s name and address
Administrator’s EIN 050268310
Plan administrator’s name BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND
Plan administrator’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903
Administrator’s telephone number 4013513036

Signature of
Role Plan administrator
Date 2012-08-23
Name of individual signing BRENDA T. STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2012-08-23
Name of individual signing BRENDA T. STARBLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2011/11/17/20111117131434P030032589168001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Plan administrator’s name and address
Administrator’s EIN 050268310
Plan administrator’s name BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND
Plan administrator’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903
Administrator’s telephone number 4013513036

Signature of
Role Plan administrator
Date 2011-11-17
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2011-11-17
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2010/11/18/20101118092259P030000541684001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1986-05-01
Business code 523900
Sponsor’s telephone number 4013513036
Plan sponsor’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903

Plan administrator’s name and address
Administrator’s EIN 050268310
Plan administrator’s name BUSINESS DEVELOPMENT COMPANY OF RHODE ISLAND
Plan administrator’s address 40 WESTMINSTER STREET, SUITE 702, PROVIDENCE, RI, 02903
Administrator’s telephone number 4013513036

Signature of
Role Plan administrator
Date 2010-11-18
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2010-11-18
Name of individual signing BRENDA STARBLE
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
ALEXANDRA PEZZELLO, ESQ. Agent PARTRIDGE SNOW & HAHN 40 WESTMINSTER ST. SUITE 1100, PROVIDENCE, RI, 02903, USA

PRESIDENT

Name Role Address
PETER C. DORSEY JR. PRESIDENT 40 WESTMINSTER ST SUITE 702 PROVIDENCE, RI 02903 USA

SECRETARY

Name Role Address
ALEXANDRA PEZZELLO SECRETARY 40 WESMINSTER STREET, SUITE 1100 PROVIDENCE, RI 02903 USA

DIRECTOR/VICE CHAIRMAN

Name Role Address
KEVIN P. TRACY DIRECTOR/VICE CHAIRMAN BANK OF AMERICA 100 WESTMINSTER ST; RI 1-536-10-02 PROVIDENCE, RI 02903 USA

VICE PRESIDENT

Name Role Address
KAREN M. SHEIL VICE PRESIDENT 40 WESTMINSTER ST., SUITE 702 PROVIDENCE, RI 02903 USA

DIRECTOR

Name Role Address
WILLIAM WRAY SR. DIRECTOR WASHINGTON TRUST CO; 23 BROAD ST. WESTERLY, RI 02891 USA
HASAN ALI DIRECTOR BRISTOL COUNTY SB 300 JEFFERSON BLVD SUITE 102 WARWICK, RI 02888 USA
COLLEEN GOUVEIA MOULTON DIRECTOR BANKNEWPORT 184 JOHN CLARK RD MIDDLETOWN, RI 02842 USA
JOSHUA TOBIAS DIRECTOR CITIZENS BANK 28 STATE ST BOSTON, MA 02109 USA
DANIEL HAGGERTY DIRECTOR HARBOR ONE 15 PARK ROW WEST, SUITE 300 PROVIDENCE, RI 02903 USA
KENNETH J. PEREIRA DIRECTOR 21 MOLLIE DRIVE CRANSTON, RI 02921 USA
SHARON A. DELFINO MCGREEN DIRECTOR WASHINGTON TRUST CO., 236 CENTERVILLE ROAD WARWICK, RI 02886 USA
PETER C. DORSEY JR. DIRECTOR 40 WESTMINSTER ST., SUITE 702 PROVIDENCE, RI 02903 USA
BRENDAN KANE DIRECTOR 20 NEWMAN AVENUE, SUITE 1005 RUMFORD, RI 02916 USA
JANET RAYMOND DIRECTOR 30 EXCHANGE TERRACE PROVIDENCE, RI 02903 USA

VP & TREASURER

Name Role Address
BRENDA T. STARBLE VP & TREASURER 40 WESTMINSTER ST., SUITE 702 PROVIDENCE, RI 02903 USA

DIRECTOR/CHAIRMAN

Name Role Address
DOUGLAS E. SCALA DIRECTOR/CHAIRMAN WEBSTER BANK 50 KENNEDY PLAZA, SUITE 1110 PROVIDENCE, RI 02903 USA

Events

Type Date Old Value New Value
Merged 2013-08-01 Minority Investment Development Corporation Business Development Company of Rhode Island
Merged 2011-04-28 BUSINESS OPPORTUNITIES, INC. on Business Development Company of Rhode Island
Name Change 1954-01-20 RHODE ISLAND DEVELOPMENT COMPANY Business Development Company of Rhode Island

Filings

Number Name File Date
202446994620 Annual Report 2024-02-21
202327741400 Annual Report 2023-02-07
202220694290 Fictitious Business Name Statement 2022-07-01
202213799490 Statement of Change of Registered/Resident Agent 2022-03-31
202207973970 Annual Report 2022-01-14
202187632810 Annual Report 2021-01-23
202032494680 Annual Report 2020-01-16
201983984710 Annual Report 2019-01-08
201855712870 Annual Report 2018-01-05
201729539400 Annual Report 2017-01-05

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Date of last update: 05 Oct 2024

Sources: Rhode Island Department of State

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