Form 990 for tax year 2024
Filed by BERKSHIRE BLACK ECONOMIC COUNCIL.
Totals
- Total revenue
- $705,223
- Total expenses
- $469,334
- Contributions and grants received
- $705,223
- Grants paid
- $45,143
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $789,909
- Total liabilities, end of year
- $9,802
- Net assets or fund balances, end of year
- $780,107
- Program services expenses (Part IX)
- $372,849
- Management and general expenses
- $45,992
- Fundraising expenses
- $50,493
- Program service expenses (Part III)
- $372,849
Program services were 79.4% 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.
-
1b · Membership dues
$29,891
-
1e · Government grants (contributions)
$376,693
-
1f · All other contributions, gifts and grants
$298,639
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $45,143 · program services $45,143
-
5 · Compensation of officers, directors and key employees
total $128,750 · program services $83,687 · management and general $25,750 · fundraising $19,313
-
7 · Other salaries and wages
total $122,693 · program services $121,490 · management and general $1,203
-
9 · Other employee benefits
total $2,347 · program services $2,347
-
10 · Payroll taxes
total $19,718 · program services $15,890 · management and general $2,231 · fundraising $1,597
-
11b · Fees: legal
total $5,220 · management and general $5,220
-
11c · Fees: accounting
total $3,000 · management and general $3,000
-
11g · Fees: other
total $29,169 · program services $28,716 · management and general $453
-
12 · Advertising and promotion
total $2,621 · program services $2,621
-
13 · Office expenses
total $33,889 · program services $27,469 · management and general $3,742 · fundraising $2,678
-
16 · Occupancy
total $23,279 · program services $18,760 · management and general $2,634 · fundraising $1,885
-
17 · Travel
total $1,440 · program services $1,440
-
19 · Conferences, conventions and meetings
total $17,053 · program services $17,053
-
22 · Depreciation, depletion and amortization
total $2,714 · program services $2,187 · management and general $307 · fundraising $220
-
23 · Insurance
total $1,452 · management and general $1,452
-
24a · Other expenses: GRANT WRITERS
total $24,800 · fundraising $24,800
-
24b · Other expenses: SMALL TOOLS AND EQUIPME
total $3,042 · program services $3,042
-
24c · Other expenses: MEMBERSHIPS AND SUBSCRI
total $3,004 · program services $3,004
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $569,912 · end of year $609,754
-
2 · Savings and temporary cash investments
beginning of year $1,402 · end of year $94,642
-
9 · Prepaid expenses and deferred charges
end of year $1,976
-
10a · Land, buildings and equipment: cost or other basis
$91,679
-
10b · Land, buildings and equipment: accumulated depreciation
$8,142
-
10c · Land, buildings and equipment, net
beginning of year $13,572 · end of year $83,537
-
15 · Other assets
beginning of year $22,713 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $60,000 · end of year $6,420
-
19 · Deferred revenue
beginning of year $3,381 · end of year $3,382
-
27 · Net assets without donor restrictions
beginning of year $544,218 · end of year $379,714
-
28 · Net assets with donor restrictions
end of year $400,393
Mission and programs · 2024
Mission
ADVOCATE FOR ECONOMIC DEVELOPMENT OF BLACK OWNED BUSINESSES.
Activities or mission (Part I)
AID AND AVOCATE FOR ECONOMIC DEVELOPMENT OF BLACK OWNED BUSINESSES THROUGH EDUCATION, NEIGHBORHOOD REVITALIZATION, ARTS, RECRUITMENT AND SUPPORT.
-
AID AND ADVOCATE FOR THE ECONOMIC DEVELOPMENT OF BLACK OWNED BUSINESSES THROUGH EDUCATION, NEIGHBORHOOD REVITALIZATION, ARTS RECRUITMENT AND SUPPORT.
Expenses $372,849 · Grants $45,143
As filed on the 2024 return.
Listed in Part VII
-
Alfred Kwesi Enchill JrALFRED KWESI ENCHILL JR
EXECUTIVE DIRECTOR & PRESIDENT
- Total calculated
- $132,197
- From this org
- $101,636
- From related orgs
- $0
- Other
- $30,561
- Hours/week
- 40
-
Nyanna SlaughterNYANNA SLAUGHTER
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Dr Emmanuael BileDR EMMANUAEL BILE
CLERK
- Total calculated
- $0
- Hours/week
- 3
-
Michael WynnMICHAEL WYNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Warren Dews Dews IIIWARREN DEWS DEWS III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Alfred Enchill SrALFRED ENCHILL SR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
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.
Grants on this return
-
BB'S HOT SPOT
$20,500
GENERAL SUPPORT
-
BRAZZUCAS
$14,818
GENERAL SUPPORT
-
PLANT CONNECTOR
$12,500
GENERAL SUPPORT
-
CARVINS ICE CREAM & FROZEN YOGURT
$9,000
GENERAL SUPPORT
-
DOLCE ROSE BEAUTY SUPPLY STORE
$6,515
GENERAL SUPPORT
-
IMPERFECTLY PURPLE
$6,113
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611349349309581
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