Jackson Madison County African American Chamber Of Commerce
- Assets
- $65.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, TN
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 62-1830040
Organization Overview
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 12/2023, Jackson Madison County African American Chamber Of Commerce generated $61.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $38.9k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TRAINING PROGRAM FOR INNER CITY YOUTH AGES 12-18 YEARS TO PREPARE THEM FOR ENTREPRENEURSHIP AND EMPLOYMENT BY TEACHING EMPLOYMENT APPLICATION COMPLETION RESUME WRITING PAYROLL FORMS COMPLETION ETC ALSO TEACHING PERSONAL COMMITMENTS AND SETTING AND OBTAINING PROFESSSIONAL AND PERSONAL GOALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarissa Halton-Williams President | 10 | $0 | |
Gwendolyn Majors Secretary | 20 | $0 | |
Grady Carter Jr Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,163 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $39,429 |
| Other Revenue | $0 |
| Total Revenue | $61,592 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,576 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,200 |
| Printing, publications, postage, and shipping | $1,146 |
| Other expenses | $0 |
| Total expenses | $38,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,722 |
| Other assets | $0 |
| Total assets | $65,722 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,722 |