Jackson Madison County African American Chamber Of Commerce is located in Jackson, TN. The organization was established in 2001. According to its NTEE Classification (S30) the organization is classified as: 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. Jackson Madison County African American Chamber Of Commerce 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 12/2022, Jackson Madison County African American Chamber Of Commerce generated $53.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $30.7k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TRAINING PROGRAM FOR INNER CITY YOUTH AGES 12-18 YEARS TO PREPARE THEM FOR ENTREPRENURALSHIP AND EMPLOYMENT BY TEACHING EMPLOYMENT APPLICATION COMPLETION RESUME WRITING PAYROLL FORM COMPLETION ETC ALSO TEACHING PERSONAL COMMITTMENT WHILE SETTING AND OBTAINING GOALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Garey Jenkins President | 10 | $0 | |
Murinell Huntspon Secretary Emeritus | 20 | $0 | |
Grady Carter Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $17,811 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $35,723 |
Other Revenue | $0 |
Total Revenue | $53,534 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,324 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $4,200 |
Printing, publications, postage, and shipping | $1,130 |
Other expenses | $0 |
Total expenses | $30,654 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,052 |
Other assets | $0 |
Total assets | $43,052 |
Total liabilities | $0 |
Net assets or fund balances | $43,052 |
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