Delaware Black Chamber Of Commerce Inc

Organization Overview

Delaware Black Chamber Of Commerce Inc is located in Wilmington, DE. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Delaware Black Chamber Of Commerce Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Black Chamber Of Commerce 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 12/2023, Delaware Black Chamber Of Commerce Inc generated $479.1k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $463.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE DEBCC IS A 501C3. OUR MISSION IS TO SUPPORT THE INITIATIVES OF MINORITY BUSINESS OWNERS AND FOSTER AN ENTERPRISE THAT FOCUSES ON SUCCESS AND VIABILITY. THE CHAMBER ENDEAVORS TO CREATE AWARENESS AND VISIBILITY OF OUR EFFORTS AT LOCAL, STATE, AND FEDERAL LEVELS THROUGH ADVOCACY

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENRICHDELAWARE MINORITIES IN CONSTRUCTION, GOVERNMENT AFFAIRS COMMITTEE, STATE OF DE CHECK THE BOX INITIATIVE, TECHNICAL ASSISTANCE TO ASSIST WITH FUNDING, PITCH COMPETITION, ADVERTISING OPPORTUNITIES FOR BUSINESSES, SCORE AND DEBCC BLACK ENTREPRENEURS INITIATIVE, MINORITY SUPPLIER DIVERSITY PROGRAM, SECOND CHANCE HIRING INITIATIVE, SBA AND DEBCC ACCESS TO CAPITAL SERIES, COMMUNITY NAVIGATOR.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$140,350
Fundraising events$0
Related organizations$0
Government grants $131,500
All other contributions, gifts, grants, and similar amounts not included above$60,125
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$331,975
Total Program Service Revenue$147,125
Investment income $34
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 $479,134

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