Form 990-EZ for tax year 2023
Filed by ABILENE BLACK CHAMBER OF COMMERCE.
Totals
- Total revenue
- $88,987
- Total expenses
- $104,984
- Contributions and grants received
- $85,549
- Grants paid
- $0
- Program service revenue
- $0
- Membership dues (line 3)
- $2,930
- Investment income (line 4)
- $508
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- $0
- Total assets, end of year
- $67,674
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $67,674
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2023
Primary exempt purpose
Networking Promoting the interests of small businesses and creating connections. Scholarships Increasing educational opportunities for the children in our community. Events Promoting awareness and preservation of Black heritage. Training Assisting in developing basic business and management skills. Development - Organize and implement programs to improve economic conditions. Legislation - Fostering representation on major issues of public policy to better our community.
-
The Small Business Administration announced a grant opportunity-the COMMUNITY NAVIGATOR PILOT PROGRAM-in May 2021 with the goal of bringing business support to underserved entrepreneurs. It was designed to reduce barriers to accessing critical resources for small businesses-with the focus on microenterprises, cooperatives, and businesses in the early stages of development-owned by women, socially and economically disadvantaged, and underserved entrepreneurs. The program was part of the American Rescue Plan initiative which aimed to provide assistance during economic recovery. The Abilene Chamber of Commerce was one of 51 grantees nationwide, and one of two organizations in Texas to receive the funding; the project was for 24 months. Through the Hub & Spoke model, the Abilene chamber serves as the program "hub" connecting businesses to "spokes"-who help connect to specific sectors of the entrepreneurial community. The Abilene Black Chamber of Commerce, a non-profit volunteer organization, was selected as one of the spokes. The Abilene Black Chamber of Commerce (ABCC) brought on a diversity outreach consultant to assist with mentoring, training, outreach and assisting with initial contacts for information and assistance. The first contact was from Deydra Williams the owner of Pink Cap Warriors. Our consultant spent over 40 hours mentoring to help them prepare their certificate of formation, open a bank account, get their 501c3 and register at Sam.gov to apply for grants. They provide supplies to breast cancer patients. Deydra attended our free training sessions as well We were later notified that we could not utilize project resources to provide counseling services to any not organized for profit business unless they devote a significant portion of their activities to assisting entrepreneurs. We still consider our work with this business a success story. ABCC was contacted by faith-based organizations, Churches who wanted information to help them grow their outreach services in childcare, affordable housing projects, job skills training and food pantry. A relationship with PNC bank was formed. They sponsored our annual meeting which brought the collective of West Texas Navigator supporters, banks, SBA District Director, and businesses together. ABCC provided mentoring sessions to an African Business group made up of physicians, lawyers, pharmacists, and entrepreneurs. Our outreach consultant provided assistance, information and met with anyone who contacted us about starting a business or what the CNPP entailed and offered. During the entire grant period ABCC participated in consortium meetings with other Spokes, shared information, and upcoming trainings. ABCC offered training sessions via in person or virtual on Grant Writing 101, The Basics of Digital Business Marketing in 2023, Networking, Understanding Generations in the Workforce and TMAC. Our outreach consultant partnered with another Spoke in the presentation of: Start a Business, Become a Consultant and Seed Funding Discussion.
As filed on the 2023 return.
Listed in Part IV
-
Delores Moore
President/Grant Administrative Officer
- Total calculated
- $12,000
- Compensation
- $12,000
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 20
-
Paul Falade
Treasurer/ Grant Finance Officer
- Total calculated
- $23,200
- Compensation
- $23,200
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 10
-
Linda Gray
Consultant
- Total calculated
- $14,400
- Compensation
- $14,400
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 10
-
Andre Gwinn Sr
Board Member/Grant Marketing & Social Media Consultant
- Total calculated
- $3,700
- Compensation
- $3,700
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 10
-
Floyd Miller
Vice President / Grant Podcast Production
- Total calculated
- $1,500
- Compensation
- $1,500
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 1.5
-
Anthony Williams
President Elect
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0
-
Revd Iziar Landkford
Board Member
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0
-
Leon Petty
Board Member
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0
-
Dr Terrenia Fitts
Board Member
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0
-
Willie Ford
Board Member / Caterer
- Total calculated
- $2,000
- Compensation
- $2,000
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
Elliot Kirk
Board Member
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2023
- Filed
- 9 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441309349202164
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