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Black Chamber Of Lake County Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205628258 ✦ Waukegan, IL ✦ Designated as a 501(c)(6)

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Overview

What is Black Chamber Of Lake County Inc?

Black Chamber of Lake County Inc is a nonprofit organization, situated within the community it serves, with a mission to foster an environment that enables African-American businesses and industries to thrive and grow economically. By promoting productivity and profitability, this organization aims to stimulate development within its community, ultimately contributing to its overall growth.

Is Black Chamber Of Lake County Inc legitimate?

Black Chamber Of Lake County Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Black Chamber Of Lake County Inc submitted a form 990EZ, 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.

What is the mission statement of Black Chamber Of Lake County Inc?

The Black Chamber of Lake County Inc's mission is to foster an environment that allows African-American businesses and industries to thrive economically, leading to growth and development within the served community. Their objective is to create a productive and profitable atmosphere for these businesses, ultimately stimulating community development. This mission aims to contribute positively to the economic well-being of the community.

Who is the CEO of Black Chamber Of Lake County Inc?

Lydia Lewis is the Program Director of Black Chamber Of Lake County Inc.

What is the revenue of Black Chamber Of Lake County Inc?

Black Chamber Of Lake County Inc's revenue in 2022 was $77,025.

Who are the executives of Black Chamber Of Lake County Inc and what are their salaries?


Here are 3 key members and their salaries:


Lydia Lewis (Program Director)
  • Compensation: $25,805
  • Related: $0
  • Other: $0
Dan Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Areberie (Accountnt)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Black Chamber Of Lake County Inc?

Black Chamber Of Lake County Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Black Chamber Of Lake County Inc

The Black Chamber of Lake County Inc is dedicated to establishing and fostering an environment that enables African-American businesses and industries to prosper and thrive, thereby stimulating economic growth and development within the community they serve. Their mission is to create opportunities for African-American enterprises to operate successfully and profitably, thereby contributing to the overall development of the community.

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Impact




October, 2024

The Black Chamber Of Lake County Inc significantly boosts the local economy by fostering an environment where African-American businesses can thrive. By creating a supportive network and advocating for economic opportunities, it stimulates growth and development within the community. This organization not only helps generate jobs but also enhances the overall economic landscape by promoting diversity in the business sector. Through its initiatives, the Chamber actively works to uplift the community, empowering entrepreneurs and encouraging sustainable business practices. This impact directly contributes to a stronger, more vibrant economy in Waukegan, IL, and beyond.




This information is meant to be a general summary of Black Chamber Of Lake County 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.

Revenue
$77,025 (2022)
Expenses
$82,412 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $65,274
  • Gross Receipts: $77,025

Assets and Liabilities:

  • Total Assets: $230,733
  • Total Liabilities: $14,719
  • Net Assets: $216,014

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Organization Details

Principal Officer

Lydia Lewis

Main Address

668 LENOX AVE, WAUKEGAN, IL, 60085

NTEE Category

Code: S41 - Community improvement

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