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Central San Diego Black Chamber Of Commerce - Operations

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

EIN: 271213600 ✦ San diego, CA ✦ Designated as a 501(c)(6)

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Overview

What is Central San Diego Black Chamber Of Commerce - Operations?

Central San Diego Black Chamber of Commerce - Operations is a nonprofit organization situated in San Diego, California, specifically at 404 Euclid Avenue 383. Its primary mission is to foster commerce and stimulate economic growth for businesses owned by the African American community within the broader San Diego area. The organization provides training and assists in securing capital resources for these entrepreneurs, aiming to establish a legacy of wealth through business enterprise, education, employment, and investments. With a team of six dedicated individuals, they work tirelessly to promote and support the growth of black-owned businesses in the region.


Official website here: www.sdblackchamber.org

Is Central San Diego Black Chamber Of Commerce - Operations legitimate?

Central San Diego Black Chamber Of Commerce - Operations is a legitimate nonprofit organization registered as a 501(c)(6) entity. Central San Diego Black Chamber Of Commerce - Operations 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,993

For more financial information, click here


Official website here: www.sdblackchamber.org

What is the mission statement of Central San Diego Black Chamber Of Commerce - Operations?

The Central San Diego Black Chamber of Commerce's operations mission is focused on fostering commerce for the betterment of economic growth in black-owned businesses within a broader area. This mission is achieved by offering training and assistance in securing capital resources for minority business owners. The ultimate goal is to establish generational wealth through enterprise, education, employment, and investments.


Official website here: www.sdblackchamber.org

Who is the CEO of Central San Diego Black Chamber Of Commerce - Operations?

Bruce Mayberry is the Chairman of Central San Diego Black Chamber Of Commerce - Operations. The CEO's salary of Central San Diego Black Chamber Of Commerce - Operations is $0 and their total compensation is $0.


Official website here: www.sdblackchamber.org

What is the revenue of Central San Diego Black Chamber Of Commerce - Operations?

Central San Diego Black Chamber Of Commerce - Operations's revenue in 2022 was $327,788.


Official website here: www.sdblackchamber.org

Who are the executives of Central San Diego Black Chamber Of Commerce - Operations and what are their salaries?

The average compensation at Central San Diego Black Chamber Of Commerce - Operations during 2022 was $28,999. There are 6 employees and 35 volunteers at Central San Diego Black Chamber Of Commerce - Operations.


Here are 10 key members and their salaries (Central San Diego Black Chamber Of Commerce - Operations's CEO's salary is $0 and their total compensation is $0):


Bruce Mayberry (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Antoine (Secretary (End May))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Wells (Co-Secretary (Start May))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Saathoff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Wills-Irvine (Board Member/Co-Sec. (May))
  • Compensation: $0
  • Related: $0
  • Other: $0
Hope Mago (Board Member (End Jan.))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Nicholas Holmes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
India Jewell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ricky Shabazz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Deberry (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sdblackchamber.org

Where can I find the form 990 for Central San Diego Black Chamber Of Commerce - Operations?

Central San Diego Black Chamber Of Commerce - Operations's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sdblackchamber.org

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

Mission Statement of Central San Diego Black Chamber Of Commerce - Operations

The Central San Diego Black Chamber of Commerce, operationally, is committed to advocating for the economic growth of black-owned businesses within the broader San Diego area. Its mission, in essence, is geared towards fostering commerce and stimulating development in this specific business sector. To achieve this, the organization offers a range of resources and assistance, including training programs and guidance in securing capital resources. By doing so, the Central San Diego Black Chamber of Commerce aims to establish a foundation for generational wealth creation through entrepreneurship, education, employment, and investment opportunities.

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Impact




October, 2024

The Central San Diego Black Chamber of Commerce - Operations plays a vital role in advancing economic development for Black-owned businesses in San Diego. By promoting commerce and providing targeted training, the organization equips minority business owners with essential tools and resources. This includes assistance in navigating the complexities of capital acquisition, which is crucial for business growth and sustainability.

The focus on education, employment, and investment not only empowers individual entrepreneurs but also fosters a broader sense of community resilience and economic stability. By helping to create generational wealth through business ventures, the organization contributes to breaking systemic barriers and enhancing economic opportunities for Black communities in the region. Its efforts lead to improved community engagement, greater access to resources, and ultimately, a more equitable local economy.




This information is meant to be a general summary of Central San Diego Black Chamber Of Commerce - Operations. 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
$327,788 (2022)
Expenses
$316,620 (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: $225,000
  • Gross Receipts: $327,788

Assets and Liabilities:

  • Total Assets: $37,491
  • Total Liabilities: $272,599
  • Net Assets: -$235,108

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Programs

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

Earned Revenue

Revenue

$215,000

Administrative Revenue

Revenue

$10,000

Organization Details

Founding Year

2009

Principal Officer

Bruce Mayberry

Main Address

404 Euclid Avenue 383, San Diego, CA, 92114

NTEE Category

Code: S41 - Community improvement

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