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Cen-Tex African American Chamber Of Commerce Inc

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

EIN: 470938907 ✦ Waco, TX ✦ Designated as a 501(c)(6)

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Overview

What is Cen-Tex African American Chamber Of Commerce Inc?

The Cen-Tex African American Chamber of Commerce Inc, located in Waco, Texas, is a nonprofit organization dedicated to promoting economic development within the African American community. Their mission is to create opportunities for financial success, providing impact services for both the community and individuals, as well as supporting small businesses. With a team of four employees, they strive to foster economic growth and financial prosperity in their community.


Official website here: www.centexchamber.com

What do the Facebook reviews say about Cen-Tex African American Chamber Of Commerce Inc?

100% of 17 reviewers on Facebook recommend the Cen-Tex African American Chamber of Commerce Inc. Here is a summary of their reviews:

The organization is highly praised as a valuable resource within the community. Users frequently highlight the supportive and welcoming nature of the staff, emphasizing their commitment to helping individuals and businesses succeed. Many express appreciation for the services offered, which appear to meet the needs of those involved.

Overall, the sentiment surrounding this nonprofit is overwhelmingly positive, with many expressing gratitude for the impact it has made in their professional lives and the local community. The consistent recommendations reflect a strong belief in the Chamber's mission and effectiveness.


This AI summary has been generated from reviews found on Facebook.

Is Cen-Tex African American Chamber Of Commerce Inc legitimate?

Cen-Tex African American Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cen-Tex African American Chamber Of Commerce 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: $129,990
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.centexchamber.com

What is the mission statement of Cen-Tex African American Chamber Of Commerce Inc?

The Cen-Tex African American Chamber of Commerce Inc is dedicated to promoting economic development and providing impact services for the benefit of the community, small businesses, and individuals. Their mission is to create opportunities that foster financial success by offering various resources and initiatives. They strive to contribute positively to the African American community's economic growth, ultimately aiming to improve the overall financial well-being of its members and the community as a whole.


Official website here: www.centexchamber.com

Who is the CEO of Cen-Tex African American Chamber Of Commerce Inc?

John Bible is the Executive Director of Cen-Tex African American Chamber Of Commerce Inc.


Official website here: www.centexchamber.com

What is the revenue of Cen-Tex African American Chamber Of Commerce Inc?

Cen-Tex African American Chamber Of Commerce Inc's revenue in 2022 was $364,458.


Official website here: www.centexchamber.com

Who are the executives of Cen-Tex African American Chamber Of Commerce Inc and what are their salaries?

The average compensation at Cen-Tex African American Chamber Of Commerce Inc during 2022 was $32,498. There are 4 employees and 10 volunteers at Cen-Tex African American Chamber Of Commerce Inc.


Here are 13 key members and their salaries:


John Bible (Executive Director)
  • Compensation: $60,795
  • Related: $0
  • Other: $0
Chris King (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirl Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Mcdonald (Vice Chairwomen)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dortheia Love (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Springer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Cervantes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Fergusson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Gonzales (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marissa Maguire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Rosolino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Stinnet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centexchamber.com

Where can I find the form 990 for Cen-Tex African American Chamber Of Commerce Inc?

Cen-Tex African American Chamber Of Commerce Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centexchamber.com

Learn more at the official website: www.centexchamber.com

Mission Statement of Cen-Tex African American Chamber Of Commerce Inc

The Cen-Tex African American Chamber of Commerce Inc is committed to driving economic development and offering impactful services within the community, small businesses, and individuals. Their mission is geared towards creating opportunities that foster financial success. By promoting economic development, this organization aims to make a significant impact in the African American community, thereby empowering its members and contributing to their overall well-being.

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Impact




October, 2024

Cen-Tex African American Chamber Of Commerce Inc significantly enhances economic development within the African American community in Waco, TX. By creating opportunities for financial success, the organization focuses on empowering individuals and small businesses, fostering a vibrant local economy.

Through targeted initiatives, the chamber actively promotes services that support community growth, ensuring that both aspiring entrepreneurs and established businesses have access to the resources they need to thrive. Their efforts not only contribute to individual financial stability but also promote broader economic improvement in the region, encouraging community engagement and collaboration.

By emphasizing the importance of economic development, Cen-Tex African American Chamber Of Commerce Inc plays a crucial role in uplifting the African American community, addressing barriers to financial success, and paving the way for future prosperity. Their commitment to creating meaningful opportunities fosters an environment where local businesses can flourish, thereby enhancing the overall quality of life for residents in Waco and beyond.




This information is meant to be a general summary of Cen-Tex African American Chamber Of Commerce 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
$364,458 (2022)
Expenses
$308,470 (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: $138,232
  • Gross Receipts: $364,458

Assets and Liabilities:

  • Total Assets: $281,899
  • Total Liabilities: $130,843
  • Net Assets: $151,056

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Programs

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

MEMBERSHIP SERVICES

Revenue

$103,498

ESTHERS CLOSET

Revenue

$32,354

CTMB EQUITY FUND

Revenue

$2,380

Organization Details

Founding Year

2004

Principal Officer

John Bible

Main Address

715 ELM AVENUE, WACO, TX, 76704

NTEE Category

Code: S41 - Community improvement

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