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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
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
Fictitious names: The Business Development Company (trading name, 2022-07-01 - )
Historical names: RHODE ISLAND DEVELOPMENT COMPANY
Principal Address: Google Maps Logo 40 WESTMINSTER STREET SUITE 702 SUITE 702, PROVIDENCE, RI, 02903, USA

Industry & Business Activity

NAICS

522294 Secondary Market Financing

This U.S. industry comprises establishments primarily engaged in buying, pooling, and repackaging loans for sale to others on the secondary market. Learn more at the U.S. Census Bureau

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

VP & TREASURER

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

DIRECTOR

Name Role Address
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
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
ROBEERT NANGLE DIRECTOR MERIDIAN PRINTING; 1538 SOUTH COUNTY TRAIL EAST GREENWICH, RI 02818 USA
LELAND R. MERRILL JR. DIRECTOR CENTREVILLE BANK 1218 MAIN STREET WEST WARWICK, RI 02893 USA
DAVID W. KELLOGG DIRECTOR KELLOGG & ASSOCIATES, 162 MEETING ST. PROVIDENCE, RI 02906 USA

DIRECTOR/CHAIRMAN

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

U.S. Small Business Administration Profile

The U.S. Small Business Administration (SBA) helps Americans start, grow, and build resilient businesses.

Note: SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns; preserve free competitive enterprise; and maintain and strengthen the overall economy of our nation. SBA reviews Congressional and testifies on behalf of small businesses. It assesses the impact of regulatory burden on small businesses.

Phone Number:
E-mail Address:
Fax Number:
401-351-3056
Contact Person:
BRENDA STARBLE
User ID:
P2581171

Form 5500 Series

Employer Identification Number (EIN):
050268310
Plan Year:
2023
Number Of Participants:
4
Sponsors Telephone Number:
Plan Year:
2022
Number Of Participants:
4
Sponsors Telephone Number:
Plan Year:
2021
Number Of Participants:
4
Sponsors Telephone Number:
Plan Year:
2020
Number Of Participants:
4
Sponsors Telephone Number:
Plan Year:
2019
Number Of Participants:
4
Sponsors Telephone Number:

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

Uniform Commercial Code

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States.

A UCC filing is a public notice of a secured transaction. A financing statement indicates a commercial agreement between a debtor and a secured party.

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
Filing Date:
2025-05-23
Action:
InitialFiling

Parties

Party Role:
Debtor(s)
Party Name:
Business Development Company of Rhode Island
Party Role:
Secured Parties

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
Filing Date:
2025-05-23
Action:
InitialFiling

Parties

Party Role:
Debtor(s)
Party Name:
Business Development Company of Rhode Island
Party Role:
Secured Parties

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
Filing Date:
2025-03-12
Action:
InitialFiling

Parties

Party Name:
Business Development Company of Rhode Island
Party Role:
Secured Parties
Party Role:
Debtor(s)

Date of last update: 16 May 2025

Sources: Rhode Island Department of State