Colorado Black Chamber Of Commerce

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

EIN: 840817700 ✦ Denver, CO ✦ Designated as a 501(c)(6)

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Overview

What is Colorado Black Chamber Of Commerce?

The Colorado Black Chamber of Commerce is a nonprofit organization committed to serving the needs of Black-owned businesses. Their primary mission is to provide economic opportunities and support to these businesses, as well as the communities they serve. They strive to foster the success and viability of African American business initiatives, ultimately promoting the growth and prosperity of Black-owned enterprises in Colorado.

Is Colorado Black Chamber Of Commerce legitimate?

Colorado Black Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Colorado Black Chamber Of Commerce 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,562

For more financial information, click here

What is the mission statement of Colorado Black Chamber Of Commerce?

The Colorado Black Chamber of Commerce is committed to supporting the initiatives of African American business owners. Their mission is to establish an enterprise that emphasizes success and viability. They strive to serve the needs of Black-owned businesses, offering economic opportunities and assistance to both the businesses and the communities they serve. Moreover, the chamber aims to promote the growth of African-American businesses in Colorado. Their activities include fostering an environment that encourages the success of African American entrepreneurs.

Who is the CEO of Colorado Black Chamber Of Commerce?

Lee K Gash-Maxey is the Executive Director of Colorado Black Chamber Of Commerce.

What is the revenue of Colorado Black Chamber Of Commerce?

Colorado Black Chamber Of Commerce's revenue in 2022 was $208,892.

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

The average compensation at Colorado Black Chamber Of Commerce during 2022 was $33,521. There are 3 employees at Colorado Black Chamber Of Commerce.


Here are 16 key members and their salaries:


Malcolm Evans (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Barry (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elester Townsend (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Norris-Hawkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Casey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stevie Degroff (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Fuller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Gilmore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kalule (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lewis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murugan Palani (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Rue (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Waters (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee K Gash-Maxey (Executive Director)
  • Compensation: $79,731
  • Related: $0
  • Other: $0
Where can I find the form 990 for Colorado Black Chamber Of Commerce?

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

Mission Statement of Colorado Black Chamber Of Commerce

The Colorado Black Chamber of Commerce is dedicated to supporting the initiatives of African American business owners and nurturing an enterprise that prioritizes success and sustainability. This nonprofit organization aims to serve the needs of Black-owned businesses, offering them economic opportunities and assistance to contribute positively to the communities they operate in. By fostering a thriving enterprise, the Colorado Black Chamber of Commerce strives to promote African-American business growth in Colorado.

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Impact




October, 2024

The Colorado Black Chamber of Commerce plays a vital role in enhancing the economic landscape for African American business owners in Colorado. By providing essential support and resources, it fosters an environment where Black-owned businesses can thrive and succeed. This impact is evident in several key areas:

1. **Economic Opportunity**: The Chamber actively creates pathways for economic growth by connecting African American entrepreneurs with resources, funding opportunities, and mentorship. This helps empower business owners to expand their operations and improve their profitability.

2. **Community Engagement**: By championing the initiatives of Black business owners, the Chamber strengthens community ties. It brings together business leaders, community members, and stakeholders, fostering a sense of solidarity and shared purpose.

3. **Advocacy and Representation**: The Chamber serves as a voice for African American entrepreneurs, advocating for policies and initiatives that address the unique challenges they face. This advocacy helps to shape a more equitable business environment in Colorado.

4. **Networking and Collaboration**: Through various events and programs, the Chamber encourages networking among business owners. This collaboration fosters partnerships that can lead to innovative solutions and business growth.

5. **Promotion of Black Businesses**: By highlighting and promoting African American businesses, the Chamber raises awareness and drives support for these enterprises, contributing to their long-term sustainability.

Overall, the Colorado Black Chamber of Commerce significantly bolsters the success and viability of Black-owned businesses, driving economic improvement in the communities they serve.




This information is meant to be a general summary of Colorado 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
$208,892 (2022)
Expenses
$208,490 (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: $1,500
  • Gross Receipts: $208,892

Assets and Liabilities:

  • Total Assets: $142,009
  • Total Liabilities: $2,457
  • Net Assets: $139,552

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Organization Details

Founding Year

1988

Principal Officer

Lee K Gash-Maxey

Main Address

444 Sherman Street, Denver, CO, 80203

NTEE Category

Code: S41 - Community improvement

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