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Mobile Area Black Chamber Of Commerce

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

EIN: 831776991 ✦ Mobile, AL ✦ Designated as a 501(c)(3)

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Overview

What is Mobile Area Black Chamber Of Commerce?

The Mobile Area Black Chamber of Commerce is a nonprofit organization dedicated to nurturing and fostering business growth and expansion. Their primary mission is to promote entrepreneurship within the Black community by offering educational resources and support. By doing so, they aim to empower local businesses and encourage their expansion, ultimately contributing to the economic development of the area.


Official website here: www.mabcc.org

Is Mobile Area Black Chamber Of Commerce legitimate?

Mobile Area Black Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mobile Area 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.mabcc.org

What is the mission statement of Mobile Area Black Chamber Of Commerce?

The Mobile Area Black Chamber of Commerce is committed to fostering business growth and expansion by educating and empowering businesses. Their mission is to promote business development through various means, ultimately encouraging its expansion. By doing so, they aim to contribute positively to the business community at large. The organization's activities are centered around this objective, striving to create an environment that supports and nurtures local businesses.


Official website here: www.mabcc.org

What is the revenue of Mobile Area Black Chamber Of Commerce?

Mobile Area Black Chamber Of Commerce's revenue in 2021 was $56,466.


Official website here: www.mabcc.org

Who are the executives of Mobile Area Black Chamber Of Commerce and what are their salaries?

Here are 4 key members and their salaries:


Leavie King (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alonzo Mccants (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Jones Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Lloyd (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mabcc.org

Where can I find the form 990EZ for Mobile Area Black Chamber Of Commerce?

Mobile Area Black Chamber Of Commerce's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.mabcc.org

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

Mission Statement of Mobile Area Black Chamber Of Commerce

The Mobile Area Black Chamber of Commerce, as a nonprofit organization, is dedicated to educating, empowering, and fostering the growth and expansion of businesses. By promoting enterprise, this organization plays a significant role in encouraging entrepreneurship among its members. Its mission is to advocate for business development and expansion, providing the necessary resources and support to help businesses thrive. This nonprofit organization serves as a catalyst for growth, empowering businesses and entrepreneurs to reach their full potential.

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Impact




August, 2024

The Mobile Area Black Chamber Of Commerce has a significant impact on the local business community in Mobile, Alabama. The organization plays a crucial role in educating and empowering businesses owned by Black entrepreneurs. By promoting business growth and expansion, the Chamber contributes to the economic development of the city and helps create a more diverse and inclusive business environment. Its efforts not only benefit individual businesses but also contribute to the overall improvement of the community.




This information is meant to be a general summary of Mobile Area 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
$56,466 (2021)
Expenses
$28,582 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $56,466

Assets and Liabilities:

  • Total Assets: $27,884
  • Total Liabilities: $0
  • Net Assets: $27,884

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Organization Details

Principal Officer

Maria Lloyd

NTEE Category

Code: S31 - Community improvement

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