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METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION
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METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION
Detroit, MI, US
•
501(c)3
•
EIN
85-3465384
•
WWW.BLACKBIZALLIANCE.ORG
METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION
Sign up to claim this org
Detroit, MI, US
•
501(c)3
•
EIN
85-3465384
•
WWW.BLACKBIZALLIANCE.ORG
Overview
Programs
990s
Income Statement
Balance Sheet
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for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in
2024
$1,912,854
Contributions
N/A
Membership Dues
N/A
Program Services
N/A
Investments
N/A
Government Grants
N/A
Fundraising Events
N/A
Expenses in
2024
$1,976,587
Salaries & Benefits
64%
Other
25%
Offices, Occupancy & IT
7%
Fees to Service Providers
2%
Advertising & Promotion
1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,992,806
$1,686,482
-44%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$65,000
$132,959
+105%
Membership Dues
$168,529
$227,640
+35%
Investments
$17,346
$19,795
+14%
Other
$42,212
-$154,022
-465%
Total Revenues
$3,285,893
$1,912,854
-42%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$767,744
$1,262,533
+64%
Fees to Service Providers
$0
$43,352
-
Advertising & Promotion
$47,003
$28,964
-38%
Offices, Occupancy & IT
$95,907
$143,974
+50%
Interest
$0
$0
-
Depreciation
$5,358
$10,384
+94%
Other
$1,623,496
$487,380
-70%
Total Expenses
$2,539,508
$1,976,587
-22%
Net income
2023
2024
Change
Net income
+$746,385
-$63,733
-109%
Functional Expenses
Summary
2023
2024
Change
Program
$2,291,685
$1,693,455
-26%
Admin
$130,561
$283,132
+117%
Fundraising
$117,261
$0
-100%
Total Expenses
$2,539,508
$1,976,587
-22%
Income Statement
