Cook County Black Chamber Of Commerce Corporation

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

EIN: 834568333 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Cook County Black Chamber Of Commerce Corporation?

The Cook County Black Chamber of Commerce Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 875 N Michigan Avenue Ste 3100. Their primary mission is to advocate for and support the expansion of black-owned businesses. They achieve this through various programs and initiatives, including business advising, technical assistance, marketing events, workshops, and training sessions. The ultimate goal is to boost the representation of black-owned businesses to 60% in Cook County by 2025, thereby fostering economic growth and development in underserved communities. Additionally, they aim to advance wealth within black communities.


Official website here: www.cookcountyblackchamber.com

Is Cook County Black Chamber Of Commerce Corporation legitimate?

Cook County Black Chamber Of Commerce Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cook County Black Chamber Of Commerce Corporation 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: $353,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,051

For more financial information, click here


Official website here: www.cookcountyblackchamber.com

What is the mission statement of Cook County Black Chamber Of Commerce Corporation?

The Cook County Black Chamber Of Commerce Corporation's mission is centered around advocating and supporting the expansion of black-owned businesses. By 2025, their goal is to see black-owned businesses comprise 60% of the business landscape in the county. They also aim to stimulate economic growth and development in underinvested communities. Furthermore, they are committed to advocating for the enhancement of wealth in black communities. Their activities include providing business advising and technical assistance, organizing workshops and events, hosting marketing presentations, and conducting training sessions post-program.


Official website here: www.cookcountyblackchamber.com

Who is the CEO of Cook County Black Chamber Of Commerce Corporation?

Andrea J Hibbler is the CEO of Cook County Black Chamber Of Commerce Corporation The CEO's salary of Cook County Black Chamber Of Commerce Corporation is $0 and their total compensation is $0.


Official website here: www.cookcountyblackchamber.com

What is the revenue of Cook County Black Chamber Of Commerce Corporation?

Cook County Black Chamber Of Commerce Corporation's revenue in 2021 was $573,729.


Official website here: www.cookcountyblackchamber.com

Who are the executives of Cook County Black Chamber Of Commerce Corporation and what are their salaries?

There is 1 key member and their salary:


Andrea J Hibbler (Ceo And Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cookcountyblackchamber.com

Where can I find the form 990 for Cook County Black Chamber Of Commerce Corporation?

Cook County Black Chamber Of Commerce Corporation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.cookcountyblackchamber.com

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

Mission Statement of Cook County Black Chamber Of Commerce Corporation

The Cook County Black Chamber of Commerce Corporation is dedicated to advocating and supporting the growth of black-owned businesses. Their mission is multi-fold, aiming to increase the proportion of black-owned businesses to 60% in the county by 2025. This objective is not just about business growth but also about economic development in underinvested communities. Furthermore, the organization seeks to promote wealth accumulation within black communities.

To achieve these goals, the Cook County Black Chamber of Commerce Corporation offers various programs and initiatives. They provide business advising and technical assistance, organizing workshops, presentations, and training sessions. These activities are designed to equip black-owned businesses with the necessary skills and resources to thrive. Additionally, the organization hosts events and post-program business advising sessions to offer ongoing support to these businesses.

In summary, the Cook County Black Chamber of Commerce Corporation is a dedicated nonprofit organization with a mission to drive the growth of black-owned businesses, contribute to economic development in disinvested communities, and promote wealth accumulation within black communities. They achieve this through their programs, which include business advising and technical assistance, workshops, presentations, training sessions, events, and post-program business advising sessions.

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Impact




October, 2024

The Cook County Black Chamber of Commerce Corporation significantly impacts the local economy and community by advocating for the growth of Black-owned businesses in Chicago. Through its Business Advising and Technical Assistance Program, it provides essential resources and support, helping entrepreneurs access capital and navigate the complexities of starting and running a business.

By offering marketing guidance, presentations, and workshops, the Chamber equips business owners with the knowledge and skills necessary for success. Their focus on training sessions ensures that entrepreneurs are well-prepared to face challenges and seize opportunities in the marketplace.

With a mission to increase the percentage of Black-owned businesses to 60% by 2025, the Chamber is dedicated to fostering economic growth in disinvested communities. This targeted approach not only aims to boost individual businesses but also seeks to enhance overall community wealth and economic development, creating a more equitable landscape for future generations. The Chamber's initiatives contribute to community improvement, making a lasting impact on the lives of many residents and business owners in Cook County.




This information is meant to be a general summary of Cook County Black Chamber Of Commerce Corporation. 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
$573,729 (2021)
Expenses
$567,408 (2021)
Efficiency

Other financial information:

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

  • Program Service Revenue: $509,313
  • Gross Receipts: $573,729

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

Business Support
0

Revenue

$509,313

Organization Details

Founding Year

2019

Principal Officer

Andrea J Hibbler

NTEE Category

Code: S41 - Community improvement

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