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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cyril Broderick CEO | 20 | $6,000 | |
Ruby Wesley Chief Of Staff | 5 | $1,200 |
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 |