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Regional Black Contractor Association Inc

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

EIN: 472590800 ✦ Dallas, TX ✦ Designated as a 501(c)(6)

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Overview

What is Regional Black Contractor Association Inc?

The Regional Black Contractor Association Inc, located at 2627 ML KING JR BLVD, Dallas, TX 75215, is a nonprofit organization primarily focused on charitable and educational pursuits as per the guidelines of Section 501C6 of the Internal Revenue Code. The association operates with a modest workforce of 13 individuals, dedicated to fulfilling its mission. Although the specific activities and projects undertaken by the organization are not explicitly mentioned, the description suggests that they contribute to the community in a charitable and educational capacity, aligning with the purpose of Section 501C6.


Official website here: www.blackcontractors.org

Is Regional Black Contractor Association Inc legitimate?

Regional Black Contractor Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Regional Black Contractor 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: $96,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,525

For more financial information, click here


Official website here: www.blackcontractors.org

What is the mission statement of Regional Black Contractor Association Inc?

The Regional Black Contractor Association Inc operates exclusively for charitable and educational purposes, adhering to the guidelines set by sections 501C6 of the Internal Revenue Code of 1954 or any future corresponding provisions in the U.S. tax codes. Their mission is centered around serving this purpose, aiming to contribute positively to their community through charitable and educational activities. The association's primary focus is on operating within the parameters of these sections, ensuring their work falls under the category of charitable and educational endeavors.


Official website here: www.blackcontractors.org

Who is the CEO of Regional Black Contractor Association Inc?

John Proctor is the Executive Dir of Regional Black Contractor Association Inc.


Official website here: www.blackcontractors.org

What is the revenue of Regional Black Contractor Association Inc?

Regional Black Contractor Association Inc's revenue in 2022 was $1,173,154.


Official website here: www.blackcontractors.org

Who are the executives of Regional Black Contractor Association Inc and what are their salaries?

The average compensation at Regional Black Contractor Association Inc during 2022 was $15,285. There are 13 employees and 35 volunteers at Regional Black Contractor Association Inc.


There is 1 key member and their salary:


John Proctor (Executive Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blackcontractors.org

Where can I find the form 990 for Regional Black Contractor Association Inc?

Regional Black Contractor Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blackcontractors.org

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

Mission Statement of Regional Black Contractor Association Inc

The Regional Black Contractor Association Inc, as per its mission statement, operates exclusively for charitable and educational purposes. Aligning with sections 501C6 of the Internal Revenue Code of 1954 or any future corresponding provisions of the U.S. tax codes, this organization is dedicated to serving this specific purpose. Their goal is to contribute positively to society and promote learning in a manner that falls under the charitable and educational categories, as defined by the U.S. tax codes.

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Impact




October, 2024

The Regional Black Contractor Association Inc significantly impacts the community by fostering opportunities for black contractors and promoting diversity within the construction industry. Through its educational initiatives and training programs, the organization equips contractors with essential skills and knowledge, enhancing their competitiveness in the marketplace.

By focusing on charitable objectives, it works to create pathways for employment and business development while advocating for equitable practices in contracting and procurement processes. The Association also serves as a vital networking hub, connecting contractors with resources, mentorship, and potential partnerships, ultimately contributing to the economic empowerment of its members and the broader community. This commitment to education and empowerment not only elevates individual contractors but also strengthens the economic landscape of the Dallas area and beyond.




This information is meant to be a general summary of Regional Black Contractor 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
$1,173,154 (2022)
Expenses
$1,019,489 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,199,086

Assets and Liabilities:

  • Total Assets: $166,672
  • Total Liabilities: $0
  • Net Assets: $166,672

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Organization Details

Founding Year

2014

Principal Officer

John Proctor

Main Address

2627 ML KING JR BLVD, DALLAS, TX, 75215

NTEE Category

Code: J03 - Employment

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