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Nonprofiteer
← AFRICAN AMERICAN CHAMBER OF COMMERCE

Form 990 for tax year 2022

Filed by AFRICAN AMERICAN CHAMBER OF COMMERCE.

Totals

Total revenue
$585,843
Total expenses
$784,681
Contributions and grants received
$455,970
Grants paid
$49,366
Program service revenue
$35,200
Investment income
$7,907
Other revenue
$86,766
Total assets, end of year
$1,282,855
Total liabilities, end of year
$369,910
Net assets or fund balances, end of year
$912,945
Program services expenses (Part IX)
$469,020
Management and general expenses
$224,790
Fundraising expenses
$90,871
Program service expenses (Part III)
$469,020

Program services were 59.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • NICOSIA KING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEBORAH ALLEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIFFANY MEANS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR LIA KNOX

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • NICHOLAS TREDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WARREN E BULIOX

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    40

  • MATT PAZARAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JULIAN BERRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM DECK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR DAMIRA GRADY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • COURTNEY JOHNSON-KENNEDY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAQUONDRA SHAW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARJORIE RUCKER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • NIKKI PURVIS

    CEO

    Total calculated
    $43,670
    From this org
    $33,132
    From related orgs
    $0
    Other
    $10,538
    Hours/week
    40

  • OSSIE C KENDRIK JR

    CEO (FORMER)

    Total calculated
    $120,190
    From this org
    $95,981
    From related orgs
    $0
    Other
    $24,209
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Written employment contract

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • NICHE BOOK BAR

    $40,898

    SEED FUNDING AND OPERATIONS OF OPENING A STORE FRONT

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349314421

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