Overview
What is Beaufort County Black Chamber Of Commerce Inc?
The Beaufort County Black Chamber of Commerce Inc, located at 711 Bladen Street, Beaufort, SC 29902, is a dedicated nonprofit organization. Their primary mission is to empower African-Americans and small businesses in the community by enhancing their entrepreneurial skills. Through educational programs and partnerships with organizations like SCORE, they offer resources and classes to help new business owners. The ultimate goal is to foster economic growth and development within the community, aiming to improve its overall conditions. As part of their efforts, they conducted Zoom classes with 35 new business owners, demonstrating their commitment to supporting local entrepreneurs.
Official website here: www.bcbcc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Beaufort County Black Chamber of Commerce Inc has received an 81% rating from Charity Navigator, indicating a solid performance primarily in the area of Accountability & Finance. The organization excels in maintaining a majority of independent board members and has effective financial oversight, contributing to its strong accountability practices. The charity's financial statements are rigorously reviewed, and there is no evidence of asset diversion.
Strengths of the organization include its comprehensive policies on conflict of interest and whistleblower protections, which are well-documented. Additionally, the program expense ratio is commendable at 70.04%, suggesting that a significant portion of its budget is directed towards its mission-oriented programs. These factors collectively reflect a commitment to transparency and effective governance.
However, while the organization performs well in financial accountability, there is no detailed information regarding its programmatic impact or overall effectiveness beyond financial metrics. This gap could be an area for improvement, as stakeholders may seek insights into the tangible outcomes of the Chamber's initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Beaufort County Black Chamber Of Commerce Inc legitimate?
Beaufort County Black Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beaufort County Black Chamber Of Commerce Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $126,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bcbcc.org
What is the mission statement of Beaufort County Black Chamber Of Commerce Inc?
The Beaufort County Black Chamber of Commerce Inc has a mission to educate and enhance entrepreneurial skills among African-Americans and small businesses. This aim is to improve the community's conditions through economic empowerment, development, and education. They strive to achieve this purpose by providing resources and conducting workshops, such as the Zoom classes with 35 new business owners, in collaboration with organizations like SCORE. The ultimate goal is to foster economic growth and development within the community.
Official website here: www.bcbcc.org
Who is the CEO of Beaufort County Black Chamber Of Commerce Inc?
Gary Littlejohn is the Treasurer of Beaufort County Black Chamber Of Commerce Inc. The CEO's salary of Beaufort County Black Chamber Of Commerce Inc is $126,000 and their total compensation is $126,000.
Official website here: www.bcbcc.org
What is the revenue of Beaufort County Black Chamber Of Commerce Inc?
Beaufort County Black Chamber Of Commerce Inc's revenue in 2021 was $725,988.
Official website here: www.bcbcc.org
Who are the executives of Beaufort County Black Chamber Of Commerce Inc and what are their salaries?
Here are 8 key members and their salaries (Beaufort County Black Chamber Of Commerce Inc's CEO's salary is $126,000 and their total compensation is $126,000):
- Compensation: $126,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.bcbcc.org
Where can I find the form 990 for Beaufort County Black Chamber Of Commerce Inc?
Beaufort County Black Chamber Of Commerce Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bcbcc.org
Learn more at the official website: www.bcbcc.org
Mission Statement of Beaufort County Black Chamber Of Commerce Inc
The Beaufort County Black Chamber of Commerce Inc is committed to enriching the entrepreneurial abilities of African-Americans and small businesses within the community, aiming to enhance their economic conditions and overall development. This nonprofit organization's mission is rooted in the belief that education and empowerment are key to driving change. Through this mission, they strive to improve the community as a whole.
In order to achieve their goals, the Beaufort County Black Chamber of Commerce Inc collaborates with organizations like SCORE to conduct educational workshops. These workshops, such as the Zoom classes they've held with 35 new business owners, are designed to empower individuals and small businesses with the necessary entrepreneurial skills. By doing so, the chamber aims to foster a thriving and economically empowered community.
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Impact
July, 2024
Beaufort County Black Chamber Of Commerce Inc has significantly impacted the community by dedicating resources to educate and enhance the entrepreneurial skills of African-Americans and small businesses. Through economic empowerment, development, and education initiatives, the chamber has worked towards improving the conditions in the community. Their collaboration with SCORE to conduct Zoom classes for 35 new business owners demonstrates a proactive approach to supporting and nurturing local entrepreneurship. This direct engagement with individuals looking to start businesses not only boosts economic prospects but also fosters a culture of entrepreneurship and self-sufficiency within the community.
This information is meant to be a general summary of Beaufort County Black Chamber Of Commerce Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $12,295
- Program Service Revenue: $39,440
- Gross Receipts: $804,640
Assets and Liabilities:
- Total Assets: $4,451,330
- Total Liabilities: $3,506,591
- Net Assets: $944,739
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION PROCESSING FEES
Revenue
$2,000
LOAN INTEREST
Revenue
$37,440
Organization Details
Founding Year
2001
Phone
(843) 986-1102Principal Officer
Gary Littlejohn
Main Address
711 BLADEN STREET, BEAUFORT, SC, 29902
Website
www.bcbcc.orgNTEE Category
Code: S20 - Community improvement
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