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Greater Durham Black Chamber Of Commerce

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

EIN: 800317274 ✦ Durham, NC ✦ Designated as a 501(c)(6)

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Overview

What is Greater Durham Black Chamber Of Commerce?

Greater Durham Black Chamber of Commerce is a nonprofit organization, whose specific location is not provided in the information. While the description mentions a limit for profile views, it does not offer detailed insights into the organization's mission or activities. However, one can infer that the organization, likely, aims to support and empower the Black business community in Durham, as suggested by the term "Black Chamber of Commerce." The organization's purpose may involve advocacy, networking, and resource provision to help Black-owned businesses thrive and grow in the Durham area. Without more information, a more comprehensive summary is unavailable.


Official website here: www.gdbcc.org

Is Greater Durham Black Chamber Of Commerce legitimate?

Greater Durham Black Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Durham Black Chamber Of Commerce submitted a form 990EZ, 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.


Official website here: www.gdbcc.org

What is the mission statement of Greater Durham Black Chamber Of Commerce?

The Greater Durham Black Chamber of Commerce does not appear to have a explicitly stated mission statement provided in the given information. However, based on the context of a chamber of commerce, one could infer that its mission might be to support, promote, and advocate for the economic growth and development of Black-owned businesses in the Durham area, potentially through networking events, educational resources, and advocacy efforts. This is a speculative interpretation as no concrete mission statement is provided.


Official website here: www.gdbcc.org

Who is the CEO of Greater Durham Black Chamber Of Commerce?

Cyril Broderick is the Ceo of Greater Durham Black Chamber Of Commerce. The CEO's salary of Greater Durham Black Chamber Of Commerce is $6,000 and their total compensation is $6,000.


Official website here: www.gdbcc.org

What is the revenue of Greater Durham Black Chamber Of Commerce?

Greater Durham Black Chamber Of Commerce's revenue in 2022 was $190,494.


Official website here: www.gdbcc.org

Who are the executives of Greater Durham Black Chamber Of Commerce and what are their salaries?


Here are 2 key members and their salaries (Greater Durham Black Chamber Of Commerce's CEO's salary is $6,000 and their total compensation is $6,000):


Cyril Broderick (Ceo)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Ruby Wesley (Chief Of Staff)
  • Compensation: $1,200
  • Related: $0
  • Other: $0


Official website here: www.gdbcc.org

Where can I find the form 990EZ for Greater Durham Black Chamber Of Commerce?

Greater Durham Black Chamber Of Commerce's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.gdbcc.org

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

Mission Statement of Greater Durham Black Chamber Of Commerce

Greater Durham Black Chamber of Commerce is an entity that, as of the provided information, does not have a clearly defined activity or mission description. However, its mission statement suggests that it aims to provide access to more profiles for unregistered users by encouraging them to create a free account. This suggests that the organization may be focused on promoting membership and engagement within its community, potentially by providing resources and opportunities for individuals and businesses. Without more detailed information, it is challenging to provide a more precise summary of the organization's mission.

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Impact




October, 2024

The Greater Durham Black Chamber of Commerce plays a crucial role in fostering economic growth and development within the Durham community. By focusing on the unique needs of Black-owned businesses, the Chamber works to create an equitable business environment that promotes entrepreneurship and innovation.

Through networking opportunities, resources, and educational programs, it empowers local entrepreneurs and business leaders to thrive, build connections, and access vital support that contributes to their success. The organization champions advocacy for policies that benefit minority-owned enterprises, enhancing their visibility and promoting their contributions to the local economy.

In addition to supporting individual businesses, the Greater Durham Black Chamber of Commerce contributes to a vibrant community atmosphere that celebrates diversity and cultural heritage. Its efforts lead to a more inclusive economic landscape, positively impacting job creation, community development, and entrepreneurial resilience in the greater Durham area.




This information is meant to be a general summary of Greater Durham Black Chamber Of Commerce. 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
$190,494 (2022)
Expenses
$52,765 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30
  • Program Service Revenue: $162,970
  • Gross Receipts: $190,494

Assets and Liabilities:

  • Total Assets: $313,426
  • Total Liabilities: $78,864
  • Net Assets: $234,562

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Organization Details

Principal Officer

Cyril Broderick

Main Address

1800 MARTIN LUTHER KING JR PARKWAY, DURHAM, NC, 27707

NTEE Category

Code: N50 - Recreation

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