Central San Diego Black Chamber Of Commerce
- Assets
- $39.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-1213600
Organization Overview
Central San Diego Black Chamber Of Commerce is located in San Diego, CA. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central San Diego Black Chamber Of Commerce 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 12/2021, Central San Diego Black Chamber Of Commerce generated $65.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $152.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED TRAINING AND ASSISTANCE WITH FINDING CAPITAL RESOURCES FOR MINORITY BUSINESS OWNERS WITHIN THE GREATER SAN DIEGO AREA AND IN AN EFFORT TO CREATE GENERATIONAL WEALTH THROUGH BUSINESS ENTERPRISE, EDUCATION, EMPLOYMENT, AND INVESTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hope Mago Board Member (term End 10/21) | 1 | $0 | |
Lee Wills-Irvine Board Member | 1 | $0 | |
India Jewell Board Member | 1 | $0 | |
Erica Beal Board Member | 1 | $0 | |
Dr Ricky Shabazz Board Member | 1 | $0 | |
Ryan Saathoff Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,764 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $39,981 |
| Total Revenue | $65,745 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $760 |
| Salaries, other compensation, and employee benefits | $85,749 |
| Professional fees and other payments to independent contractors | $7,390 |
| Occupancy, rent, utilities, and maintenance | $7,328 |
| Printing, publications, postage, and shipping | $1,506 |
| Other expenses | $47,669 |
| Total expenses | $152,530 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,880 |
| Other assets | $0 |
| Total assets | $39,190 |
| Total liabilities | $285,466 |
| Net assets or fund balances | -$246,276 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Central San Diego Black Chamber Of Commerce has recieved totaling $110,000.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Central San Diego Black Chamber Of Commerce Education Foundation San Diego, CA PURPOSE: Charitable Contribution | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
California Travel And Tourism Commission Sacramento, CA | $86,955,324 | $75,852,594 |
Semi Milpitas, CA | $100,332,447 | $57,588,828 |
San Diego County Capital Asset Leasing Corporation San Diego, CA | $104,250,616 | $41,735,289 |
Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |