Jacksonville Chamber Foundation Inc
- Assets
- $317.5k
- Revenue
- $706.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 12/1978
- Data as of
- 12/2021
- EIN
- 59-1867407
Organization Overview
Jacksonville Chamber Foundation Inc is located in Jacksonville, FL. The organization was established in 1978. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Jacksonville Chamber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Jacksonville Chamber Foundation Inc generated $706.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $784.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING QUALITY ECONOMIC DEVELOPMENT AND GROWTH IN NE FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JACKSONVILLE WOMEN'S BUSINESS CENTER ("JWBC") THE FOUNDATION PROMOTED QUALITY ECONOMIC GROWTH IN NE FLORIDA BY PROVIDING TO BOTH ASPIRING AND EXISTING WOMEN BUSINESS OWNERS ACCESS TO EDUCATION, CAPITAL, AND MENTORING RESOURCES AND NETWORKS TO HELP THEM BECOME MORE SUCCESSFUL. PROGRAMS WERE DESIGNED TO DELIVER THESE BENEFITS IN SUPPORT OF WOMEN AS THEY LAUNCH AND GROW THEIR BUSINESSES. THE JWBC SERVES CLIENTS IN BAKER, CLAY, DUVAL, NASSAU, PUTNAM, AND ST. JOHNS COUNTIES.
SMALL BUSINESS CENTER ("SBC") THE FOUNDATION PROMOTED QUALITY ECONOMIC GROWTH IN NE FLORIDA BY ASSISTING THE GROWTH AND DEVELOPMENT OF JACKSONVILLE'S SMALL BUSINESSES THROUGH COLLABORATING WITH SERVICEPROVIDERS AND OFFERING TECHNICAL ASSISTANCE, MENTORING, WORKSHOPS, ACCESS TO BUSINESS RESOURCE LIBRARY AND ACCESS TO CAPITAL.
DOWNTOWN'S FRONT DOOR: THE FOUNDATION PROMOTED QUALITY ECONOMIC GROWTH IN NE FLORIDA BY SUPPORTING DOWNTOWN JACKSONVILLE DEVELOPMENT THROUGH THE RENOVATION AND REDESIGN OF THE JACKSONVILLE REGIONAL CHAMBER OF COMMERCE, INC. DOWNTOWN PROPERTY WHICH SERVES THE COMMUNITY AS THE FRONT DOOR TO DOWNTOWN FROM THE MAIN STREET BRIDGE.
SUPPORT OF EVENTS OF THE JACKSONVILLE REGIONAL CHAMBER OF COMMERCE, INC. PROMOTING ECONOMIC GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shantel Davis Chair | OfficerTrustee | 1 | $0 |
Shamika Wright Executive Director | Officer | 1 | $0 |
John Avendano Director | Trustee | 1 | $0 |
Dr Carlton Jones Treasurer | Trustee | 1 | $0 |
Daniel Davis Director/ceo Jax Chamber | Trustee | 1 | $0 |
Debbie Buckland Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,479 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,479 |
| Total Program Service Revenue | $641,419 |
| 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 | $706,898 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $782,124 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $1,966 |
| Total functional expenses | $784,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,986 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $215,469 |
| Accounts receivable, net | $70,000 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $317,455 |
| Accounts payable and accrued expenses | $32,726 |
| Grants payable | $0 |
| Deferred revenue | $304,398 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $337,124 |
| Net assets without donor restrictions | -$19,669 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $317,455 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Jacksonville Chamber Foundation Inc has recieved totaling $132,505.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: SUPPORT THE ELEVATE WOMEN POSITION AND CONVENING COSTS FOR YEAR TWO OF A THREE YEAR INITIATIVE | $122,500 |
Jacksonville Jaguars Foundation Inc Jacksonville, FL PURPOSE: MENTORSHIP PROGRAM | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Bay Park Conservancy Inc Sarasota, FL | $16,645,209 | $18,178,827 |
Florida Opportunity Fund Inc Orlando, FL | $119,810,322 | $8,334,220 |
Florida Community Loan Fund Orlando, FL | $108,210,727 | $7,672,092 |
Bac Funding Corporation Miami, FL | $17,927,247 | $4,831,785 |
Community And Economic Development Quincy, FL | $11,268,446 | $5,882,256 |
Broward County Community Development Corporation Inc Fort Lauderdale, FL | $8,205,586 | $4,659,433 |
Miami Beach Community Development Corporation Inc Miami Beach, FL | $28,003,490 | $2,129,125 |
Neighbors And Neighbors Association Inc Miami, FL | $2,936,211 | $3,300,045 |
Pasco Economic Development Council Inc Lutz, FL | $4,349,801 | $2,360,770 |
Sunshine State Economic Development Corp Clearwater, FL | $6,634,562 | $1,695,679 |
Small Business Assistance Corp Savannah, GA | $17,970,431 | $1,539,306 |
Endeavor Miami Inc Miami, FL | $2,466,456 | $1,752,588 |