Greater Durham Black Chamber Of Commerce
- Assets
- $313.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 80-0317274
Organization Overview
Greater Durham Black Chamber Of Commerce is located in Durham, NC. The organization was established in 2011. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Durham 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRIMARY GOAL IS TO INVEST IN THE GROWTH AND DEVELOPMENT OF THE BLACK ENTREPRENEUR, THE BLACK BUSINESS, AND THE BLACK BUSINESS ECOSYSTEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyril Broderick CEO | 20 | $6,000 | |
Ruby Wesley Chief Of Staff | 5 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,025 |
| Total Program Service Revenue | $162,970 |
| Membership dues | $8,469 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,494 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,550 |
| Occupancy, rent, utilities, and maintenance | $18,903 |
| Printing, publications, postage, and shipping | $8,354 |
| Other expenses | $11,958 |
| Total expenses | $52,765 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,157 |
| Other assets | $0 |
| Total assets | $313,426 |
| Total liabilities | $78,864 |
| Net assets or fund balances | $234,562 |