Form 990 for tax year 2024
Filed by COUNTY OF SAN DIEGO BLACK CHAMBER OF COMMERCE.
Totals
- Total revenue
- $1,421,246
- Total expenses
- $734,924
- Contributions and grants received
- $1,346,500
- Grants paid
- $136,120
- Program service revenue
- $0
- Investment income
- $88,856
- Other revenue
- -$14,110
- Total assets, end of year
- $3,328,090
- Total liabilities, end of year
- $137,375
- Net assets or fund balances, end of year
- $3,190,715
- Program services expenses (Part IX)
- $632,198
- Management and general expenses
- $51,363
- Fundraising expenses
- $51,363
- Program service expenses (Part III)
- $632,198
Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$339,500
-
1f · All other contributions, gifts and grants
$1,007,000
-
3 · Investment income
total $88,856 · excluded $88,856
-
8a · Fundraising events: gross income
$110,084
-
8b · Fundraising events: direct expenses
$124,194
-
8c · Net income from fundraising events
total -$14,110 · excluded -$14,110
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $83,620 · program services $83,620
-
2 · Grants to domestic individuals
total $52,500 · program services $52,500
-
5 · Compensation of officers, directors and key employees
total $200,000 · program services $160,000 · management and general $20,000 · fundraising $20,000
-
11g · Fees: other
total $245,973 · program services $196,777 · management and general $24,598 · fundraising $24,598
-
12 · Advertising and promotion
total $27,306 · program services $21,844 · management and general $2,731 · fundraising $2,731
-
13 · Office expenses
total $5,142 · program services $4,114 · management and general $514 · fundraising $514
-
16 · Occupancy
total $320 · program services $256 · management and general $32 · fundraising $32
-
17 · Travel
total $16,472 · program services $13,178 · management and general $1,647 · fundraising $1,647
-
24a · Other expenses: Program UBRC
total $42,875 · program services $42,875
-
24b · Other expenses: Program events
total $42,313 · program services $42,313
-
24c · Other expenses: Meals & entertainment
total $16,784 · program services $13,428 · management and general $1,678 · fundraising $1,678
-
24d · Other expenses: Business expenses
total $1,593 · program services $1,273 · management and general $160 · fundraising $160
-
24e · All other expenses
total $26 · program services $20 · management and general $3 · fundraising $3
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $294,979 · end of year $749,023
-
2 · Savings and temporary cash investments
beginning of year $2,063,145 · end of year $2,152,002
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $2,000
-
4 · Accounts receivable
beginning of year $5,000 · end of year $0
-
15 · Other assets
beginning of year $234,089 · end of year $425,065
-
17 · Accounts payable and accrued expenses
beginning of year $2,880 · end of year $52,715
-
24 · Unsecured notes and loans payable
beginning of year $89,940 · end of year $84,660
-
27 · Net assets without donor restrictions
beginning of year $2,502,393 · end of year $3,188,715
-
28 · Net assets with donor restrictions
beginning of year $2,000 · end of year $2,000
Mission and programs · 2024
Mission
To create generational wealth through business enterprise, education, employment, and investing. Our GOAL is to support the business, career, and financial success of our Chamber members which results in the economic empowerment of our Communities. The Central San Diego Black Chamber of Commerce utilizes innovative programs, networking opportunities, and business partnerships to advance and strengthen Inclusive Economic Development throughout the City and County of San Diego.
Activities or mission (Part I)
To create generational wealth through business enterprise, education, employment, and investing. Our GOAL is to support the business, career, and financial success of our Chamber members which results in the economic empowerment of our Communities.
-
Urban Business Resource Center was established 2019 with the intent to support the inception, growth, and scale of locally owned businesses.
Expenses $632,198 · Grants $136,120
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bruce Mayberry
Chairman
- Total calculated
- $0
- Hours/week
- 15 + 5 related
-
Brittny Furgeson
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
India Jewell
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Julian Parra
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Dr Ricky Shabazz
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Lee Wills
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Donna DeBerry
President & CEO
- Total calculated
- $200,000
- From this org
- $200,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35 + 5 related
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $200,000
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
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
-
Chef Budda Blaisan Soul Food LLC
$0
Flood grant
-
T3 Integrity
$0
Flood grant
-
Austin Culinary Management
$0
Flood grant
-
Soulfood City 313
$0
Flood grant
-
Mr Moto Pizza
$0
Flood grant
-
El Paisa Inc
$0
Flood grant
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Central San Diego Black Chamber of Commerce - Operations
501(c)(6) · Promote commerce for black owned businesses · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349308514
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