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National Black M B A Association Inc

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

EIN: 237348780 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is National Black M B A Association Inc?

The National Black MBA Association Inc, situated in Atlanta, Georgia, is a reputable nonprofit organization. Established with a mission to empower black Americans through educational and economic advancement, the Association hosts the largest diversity career fair in the nation annually. With a commitment to exploring successful leadership and career development strategies, they honor their founding promise by delivering a wide range of programs. The organization's mission is centered around fostering innovative programs that stimulate intellectual and economic growth, collaborating with key stakeholders to facilitate this progress, and increasing access to graduate management programs and career opportunities in management fields. The National Black MBA Association Inc currently employs 25 individuals.


Official website here: www.nbmbaa.org

What are the reviews and ratings of this charity?

**Rating: 90% (Four-Star out of Four Star rating from Charity Navigator)**

The National Black MBA Association, Inc. has received a commendable Four-Star rating from Charity Navigator, highlighting a strong focus on Accountability & Finance. This rating derives primarily from solid financial practices such as having a fully independent board, a high program expense ratio, and an absence of material asset diversion. These elements indicate a commitment to transparency and responsible management of resources, essential for fostering trust among donors.

Despite these strengths, the organization does not currently have scored metrics for Impact & Measurement, Culture & Community, or Leadership & Adaptability. This could suggest a potential area for improvement, as these components are increasingly vital in evaluating the effectiveness and reach of nonprofit organizations. Nonetheless, the strong score in Accountability & Finance underscores the association's foundational stability.

User reviews from GreatNonprofits are currently unavailable, which limits the insights into individual experiences with the organization. However, the overall financial health and governance structure presented by Charity Navigator suggest that the National Black MBA Association is well-positioned to effectively fulfill its mission.


This AI summary has been generated from information found on Charity Navigator.

Is National Black M B A Association Inc legitimate?

National Black M B A Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Black M B A Association 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: $1,121,745
Professional Fundraising Fees: $45,000
Other Salaries and Wages: $989,588

For more financial information, click here


Official website here: www.nbmbaa.org

What is the mission statement of National Black M B A Association Inc?

The National Black MBA Association Inc is dedicated to driving educational opportunities and economic growth for Black professionals. They accomplish this by initiating innovative programs that foster intellectual and economic development. The organization forms partnerships with key stakeholders to facilitate this growth. Furthermore, they work towards increasing awareness and accessibility of graduate management programs and career opportunities in management fields.


Official website here: www.nbmbaa.org

Who is the CEO of National Black M B A Association Inc?

Shawn Graham is the President & Ceo of National Black M B A Association Inc. The CEO's salary of National Black M B A Association Inc is $237,223 and their total compensation is $247,496.


Official website here: www.nbmbaa.org

What is the revenue of National Black M B A Association Inc?

National Black M B A Association Inc's revenue in 2022 was $10,992,583.


Official website here: www.nbmbaa.org

Who are the executives of National Black M B A Association Inc and what are their salaries?

The average compensation at National Black M B A Association Inc during 2022 was $84,453. There are 25 employees and 365 volunteers at National Black M B A Association Inc.


Here are 17 key members and their salaries (National Black M B A Association Inc's CEO's salary is $237,223 and their total compensation is $247,496):


Joseph Handy (President & Ceo)
  • Compensation: $306,370
  • Related: $0
  • Other: $21,699
Shawn Graham (Chief Financial Officer/Interim Ceo)
  • Compensation: $237,223
  • Related: $0
  • Other: $10,273
Roderick Douthit (Vp, Partner Development)
  • Compensation: $178,805
  • Related: $0
  • Other: $31,902
Paula Fontana (Vp, Strategic Programming Initiatives/Interium President)
  • Compensation: $149,231
  • Related: $0
  • Other: $17,299
Meshea Web (Director Of Human Resources & Career Pathing)
  • Compensation: $121,920
  • Related: $0
  • Other: $12,379
Elaine Richardson (Sr. Director, Conference Operations & Special Projects)
  • Compensation: $128,196
  • Related: $0
  • Other: $5,869
Michael Hamilton (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Borden (Board Vice Chair Policy & Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Coleman (Board Vice Chair - Advancement & Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oris Stuart (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Turner (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvin Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aisha Gantt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Horne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Perrin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Stewart Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charmaine Ward-Millner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nbmbaa.org

Where can I find the form 990 for National Black M B A Association Inc?

National Black M B A Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nbmbaa.org

Learn more at the official website: www.nbmbaa.org

Mission Statement of National Black M B A Association Inc

The National Black MBA Association, a renowned organization, is dedicated to spearheading the development of educational opportunities and economic advancement for Black professionals. They are firmly committed to making a significant and enduring impact in the communities they serve. Their mission is accomplished through three strategic approaches:

Firstly, they implement innovative programs that foster intellectual and economic growth. These programs are designed to stimulate and nurture the potential of Black professionals, thereby contributing to their overall development.

Secondly, the National Black MBA Association forges partnerships with key stakeholders. These partnerships play a crucial role in facilitating the growth and progress of Black professionals by providing them with the necessary resources and support.

Lastly, the organization seeks to increase awareness and access to graduate management programs and career opportunities in management fields. By doing so, they aim to expand the horizons and prospects for Black professionals, enabling them to excel in their chosen careers.

In essence, the National Black MBA Association is a driving force for change, working tirelessly to empower Black professionals and improve their communities through education, partnerships, and increased access to opportunities in management fields.

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Impact




October, 2024

The National Black MBA Association Inc. has a significant impact on the professional landscape for Black individuals. Its Annual National Conference is heralded as the largest diversity career fair and exposition in the United States, serving as a vital platform for empowering visionaries and enhancing career prospects.

Founded over five decades ago, the organization has consistently upheld its commitment to educational and economic empowerment for Black Americans, navigating best practices in leadership and career-focused programming. This dedication has been essential in fostering the development of future leaders and creating pathways for professional advancement.

Through innovative programs, the association stimulates both intellectual and economic growth, ensuring members have access to resources that enhance their careers. Partnerships with key stakeholders further facilitate this growth, expanding opportunities and fostering a robust network. The focus on increasing awareness and access to graduate management programs also empowers individuals to pursue advanced educational opportunities, enhancing their qualifications and expanding their career horizons.

Overall, the National Black MBA Association Inc.'s initiatives contribute to community improvement by creating sustainable change and promoting equity in professional spaces.




This information is meant to be a general summary of National Black M B A Association 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
$10,992,583 (2022)
Expenses
$10,979,515 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$85,227
  • Program Service Revenue: $9,375,690
  • Gross Receipts: $10,992,583

Assets and Liabilities:

  • Total Assets: $5,809,540
  • Total Liabilities: $3,404,276
  • Net Assets: $2,405,264

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Annual Conference

Revenue

$8,702,209

Product Sales

Revenue

$673,481

Organization Details

Founding Year

1970

Principal Officer

Shawn Graham

Main Address

400 WEST PEACHTREE ST NW SUITE 203, ATLANTA, GA, 30308

NTEE Category

Code: S20 - Community improvement

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