Overview
What is Greater Houston Black Chamber Foundation?
The Greater Houston Black Chamber Foundation, based in Houston, Texas, is a collaborative charitable community initiative. This nonprofit organization's mission is to educate, equip, and empower minority entrepreneurs and business professionals, helping them secure business opportunities and foster their growth and prosperity. As part of their mission, they recently awarded $12,000 in scholarships to 11 deserving high school graduates from the Greater Houston Community, based on their academic performances, competitive essays, and personal interviews. These scholarships provide essential support as these students pursue higher education at their chosen colleges or universities.
Is Greater Houston Black Chamber Foundation legitimate?
Greater Houston Black Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Houston Black Chamber Foundation 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: $1,000
Other Salaries and Wages: $0
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What is the mission statement of Greater Houston Black Chamber Foundation?
The Greater Houston Black Chamber Foundation is a collaborative charitable initiative that serves to educate, equip, and empower minority entrepreneurs and business professionals. Its primary objective is to help these individuals secure business opportunities and promote the growth and prosperity of their ventures. The organization accomplishes this through various means, including awarding scholarships to deserving high school graduates based on academic performance, essays, and interviews. These scholarships aim to further educate, equip, and empower the recipients as they pursue higher education. The foundation's activities are geared towards fostering a supportive environment for minority entrepreneurs and business professionals, thereby contributing to their overall success.
Who is the CEO of Greater Houston Black Chamber Foundation?
Carmen Herrera is the Secretary of Greater Houston Black Chamber Foundation.
What is the revenue of Greater Houston Black Chamber Foundation?
Greater Houston Black Chamber Foundation's revenue in 2021 was $158,175.
Who are the executives of Greater Houston Black Chamber Foundation and what are their salaries?
There 15 volunteers at Greater Houston Black Chamber Foundation.
Here are 7 key members and their salaries:
- Compensation: $11,175
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- Other: $0
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Where can I find the form 990 for Greater Houston Black Chamber Foundation?
Greater Houston Black Chamber Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Greater Houston Black Chamber Foundation
The Greater Houston Black Chamber Foundation serves as a collaborative charitable community initiative with a mission to educate, equip, and empower minority entrepreneurs and business professionals. This nonprofit organization strives to provide these individuals with the necessary tools and opportunities to secure business ventures and foster the growth and prosperity of their businesses. To achieve this objective, the Greater Houston Black Chamber Foundation offers various programs and initiatives.
One of their key initiatives is the Educational Achievement Awards program, which grants scholarship awards to deserving high school graduates in the Greater Houston community. These scholarships are awarded based on competitive essay entries, academic performances, and personal interviews. By offering these scholarships, the Greater Houston Black Chamber Foundation aims to support the educational endeavors of minority students, empowering them as they pursue their college or university degrees. This holistic approach to empowerment and growth reflects the broader mission of the Greater Houston Black Chamber Foundation to facilitate the success of minority entrepreneurs and business professionals.
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Impact
October, 2024
The Greater Houston Black Chamber Foundation significantly impacts the community by educating, equipping, and empowering minority entrepreneurs and business professionals. By facilitating access to business opportunities, it enhances the growth and prosperity of these individuals and their enterprises.
One of the key initiatives is the Educational Achievement Awards, which provided $12,000 in scholarships to 11 deserving graduating high school seniors in the Greater Houston area. These scholarships are awarded based on competitive essays, academic achievements, and personal interviews, ensuring that the most dedicated students are recognized. This initiative not only supports the students as they pursue higher education but also strengthens the pipeline of educated, empowered individuals ready to contribute to the community and the economy.
Through its efforts, the foundation fosters a culture of entrepreneurship and innovation, ultimately driving economic development and creating a more equitable business environment in Houston.
This information is meant to be a general summary of Greater Houston Black Chamber Foundation. 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.
- Gross Receipts: $158,175
Assets and Liabilities:
- Total Assets: $201,872
- Total Liabilities: $0
- Net Assets: $201,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HBLI
Educational Achievement
Organization Details
Founding Year
2009
Principal Officer
Carmen Herrera
Main Address
PO Box 300371, Houston, TX, 77230
NTEE Category
Code: B99 - Education
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