Kbcc Inc is located in Kansas City, KS. The organization was established in 2005. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kbcc Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Kbcc Inc generated $163.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $226.6k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORM A BUSINESS NETWORK WHOSE GOAL IS TO FUTHER THE INTEREST OF BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP AND SPECIAL EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kim Randolph Ceo/president | Officer | 40 | $55,750 |
Ara Mcgee Board Secretary | Trustee | 0.05 | $0 |
Nikisha Bausby Board Member | Trustee | 0.05 | $0 |
Consuella Mccain Board Member | Trustee | 0.05 | $0 |
Shakia Webb Board Member | Trustee | 0.05 | $0 |
Joyce Christanio Board Member | Trustee | 0.05 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $117,715 |
Fundraising events | $18,668 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $136,383 |
Total Program Service Revenue | $26,982 |
Investment income | $0 |
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 | $163,365 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $55,750 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $3,000 |
Other salaries and wages | $19,283 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,350 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,789 |
Fees for services: Accounting | $3,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,980 |
Office expenses | $6,102 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,790 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,771 |
All other expenses | $111,920 |
Total functional expenses | $226,645 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$807 |
Savings and temporary cash investments | $0 |
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 | $35,810 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,138 |
Total assets | $40,141 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | -$2,219 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $20,000 |
Total liabilities | $17,781 |
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 | $22,360 |
Total liabilities and net assets/fund balances | $40,141 |
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Kbcc Inc Kansas City, KS | $40,141 | $163,365 |
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