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Chicago Chapter National Black Mba Association

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

EIN: 363984313 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Chicago Chapter National Black Mba Association?

The Chicago Chapter National Black MBA Association is a nonprofit organization committed to fostering partnerships that stimulate intellectual and economic growth within the African-American community. Their primary activity involves mentoring high school students through a program called Leaders of Tomorrow (LOT). This organization, based in Chicago, Illinois, aims to make a significant impact on its community by nurturing future leaders and contributing to their overall development.


Official website here: www.ccnbmbaa.org

Is Chicago Chapter National Black Mba Association legitimate?

Chicago Chapter National Black Mba Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Chapter National Black Mba Association 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: $0

For more financial information, click here


Official website here: www.ccnbmbaa.org

What is the mission statement of Chicago Chapter National Black Mba Association?

The Chicago Chapter of the National Black MBA Association has a mission to establish partnerships that foster the creation of intellectual and economic prosperity within the African-American community. This organization strives to achieve this goal by implementing programs such as Leaders of Tomorrow (LOT), a mentorship initiative for high school students. The mission is centered around fostering growth and development within the African-American community through strategic collaborations and educational initiatives.


Official website here: www.ccnbmbaa.org

Who is the CEO of Chicago Chapter National Black Mba Association?

Stacy Crook is the President of Chicago Chapter National Black Mba Association.


Official website here: www.ccnbmbaa.org

What is the revenue of Chicago Chapter National Black Mba Association?

Chicago Chapter National Black Mba Association's revenue in 2022 was $108,184.


Official website here: www.ccnbmbaa.org

Who are the executives of Chicago Chapter National Black Mba Association and what are their salaries?

There 25 volunteers at Chicago Chapter National Black Mba Association.


Here are 7 key members and their salaries:


Stacy Crook (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lutonda Baumgardner (Vp Programming)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vacant (Vp Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kanesha Hunt (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vacant (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Black (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccnbmbaa.org

Where can I find the form 990 for Chicago Chapter National Black Mba Association?

Chicago Chapter National Black Mba Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ccnbmbaa.org

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

Mission Statement of Chicago Chapter National Black Mba Association

The Chicago Chapter National Black MBA Association is dedicated to fostering collaborations that generate both intellectual and economic prosperity within the African-American community. Their primary mission is to establish these partnerships, aiming to stimulate growth and progress within this community.

One of the ways this organization achieves its mission is through their Leaders of Tomorrow (LOT) program. This initiative is designed to mentor students from high school, providing them with guidance and support as they navigate their academic journeys. By investing in the education and development of young individuals, the Chicago Chapter National Black MBA Association is contributing to the intellectual wealth of the African-American community, setting the foundation for future leaders.

In summary, the Chicago Chapter National Black MBA Association is committed to creating opportunities that enhance the intellectual and economic potential of the African-American community. Through partnerships and initiatives like the Leaders of Tomorrow program, they aim to empower individuals and foster growth within this community.

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Impact




October, 2024

The Chicago Chapter of the National Black MBA Association significantly impacts the African-American community by fostering partnerships that enhance both intellectual and economic wealth. Through its various initiatives, the organization focuses on empowering future leaders. One of its key programs, Leaders of Tomorrow (LOT), is dedicated to mentoring high school students, equipping them with the skills and knowledge necessary for personal and professional success.

By prioritizing education, the chapter helps to bridge gaps in access to resources and opportunities for young African-Americans. This mentorship program not only inspires academic excellence but also cultivates leadership qualities in students, preparing them for future challenges in the business world. Overall, the Chicago Chapter plays a crucial role in uplifting the community, driving progress, and contributing to long-term economic growth.




This information is meant to be a general summary of Chicago Chapter National Black Mba Association. 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
$108,184 (2022)
Expenses
$62,107 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $293
  • Program Service Revenue: $10,000
  • Gross Receipts: $108,184

Assets and Liabilities:

  • Total Assets: $240,520
  • Total Liabilities: $844
  • Net Assets: $239,676

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Programs

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

In Kind Contributions

Revenue

$10,000

Organization Details

Founding Year

1994

Principal Officer

Stacy Crook

Main Address

P O Box 8513, Chicago, IL, 60680

NTEE Category

Code: B99 - Education

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