Overview
What is Delaware Black Chamber Of Commerce?
The Delaware Black Chamber of Commerce (DEBCC) is a 501c3 nonprofit organization situated in Wilmington, Delaware. With a modest workforce of four individuals, its primary objective is to boost the ventures of minority business owners. The DEBCC implements various initiatives to achieve this goal, such as the EnrichDelaware program, which focuses on minorities in construction, a Government Affairs Committee, and the State of DE Check the Box Initiative. The organization also offers technical assistance to assist minority-owned businesses in securing funding and hosts a pitch competition for entrepreneurial growth. Additionally, the DEBCC provides advertising opportunities, supports the SCORE and DEBCC black entrepreneurs initiative, and manages a Minority Supplier Diversity Program. The organization also promotes second chance hiring, offering resources to help businesses hire individuals with past convictions. The DEBCC collaborates with the SBA and DEBCC Access to Capital Series to provide access to capital for minority-owned businesses. Moreover, the DEBCC serves as a community navigator, offering guidance and resources to assist minority businesses in navigating the complexities of entrepreneurship. The DEBCC's advocacy efforts aim to raise awareness and increase visibility of its initiatives at local, state, and federal levels.
Official website here: www.debcc.org/
Is Delaware Black Chamber Of Commerce legitimate?
Delaware Black Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware 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: $106,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,503
For more financial information, click here
Official website here: www.debcc.org/
What is the mission statement of Delaware Black Chamber Of Commerce?
The Delaware Black Chamber of Commerce, as a 501c3 organization, is committed to supporting the initiatives of minority business owners. Its mission is to cultivate an enterprise that prioritizes success and sustainability. The Chamber actively works towards raising awareness and visibility of its efforts at both local, state, and federal levels, primarily through advocacy. The organization provides various resources and initiatives, such as enrichment programs, government affairs committees, technical assistance for funding, pitch competitions, advertising opportunities, and mentorship programs like the Minority Supplier Diversity Program and the SCORE and DEBCC Black Entrepreneurs Initiative. The Chamber also promotes second chance hiring initiatives and collaborates with other organizations to address various challenges faced by minority-owned businesses.
Official website here: www.debcc.org/
Who is the CEO of Delaware Black Chamber Of Commerce?
Unavailable The CEO's salary of Delaware Black Chamber Of Commerce is $106,412 and their total compensation is $106,412.
Official website here: www.debcc.org/
What is the revenue of Delaware Black Chamber Of Commerce?
Delaware Black Chamber Of Commerce's revenue in 2022 was $313,033.
Official website here: www.debcc.org/
Who are the executives of Delaware Black Chamber Of Commerce and what are their salaries?
The average compensation at Delaware Black Chamber Of Commerce during 2022 was $38,478. There are 4 employees at Delaware Black Chamber Of Commerce.
Here are 8 key members and their salaries (Delaware Black Chamber Of Commerce's CEO's salary is $106,412 and their total compensation is $106,412):
- Compensation: $106,412
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.debcc.org/
Where can I find the form 990 for Delaware Black Chamber Of Commerce?
Delaware Black Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.debcc.org/
Learn more at the official website: www.debcc.org/
Mission Statement of Delaware Black Chamber Of Commerce
The Delaware Black Chamber of Commerce, as a 501c3 organization, is committed to supporting the initiatives of minority business owners. Its mission is to nurture an enterprise that prioritizes success and viability. The Chamber strives to elevate the awareness and visibility of its undertakings at both local and federal levels, achieving this through advocacy. In addition to its advocacy efforts, the Delaware Black Chamber of Commerce engages in various activities designed to propel the success of minority-owned businesses. These activities include, but are not limited to, enrichment programs for Delaware's minorities in construction, a Government Affairs Committee, and initiatives to promote minority supplier diversity. The Chamber also offers technical assistance to aid in securing funding, hosts pitch competitions, and provides advertising opportunities for participating businesses. Furthermore, the Delaware Black Chamber of Commerce collaborates with SCORE and its black entrepreneurs initiative, as well as the Small Business Administration (SBA) and DEBCC Access to Capital Series, to support minority-owned businesses in their growth and development.
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Impact
October, 2024
The Delaware Black Chamber of Commerce significantly impacts the local economy and community by championing the initiatives of minority business owners. Through various programs, the Chamber enhances the viability and success of its members by fostering access to funding opportunities, technical assistance, and resources tailored specifically for minority entrepreneurs.
One of its notable initiatives is the EnrichDelaware Minorities in Construction program, which targets the construction sector, promoting diversity and inclusion within the industry. Additionally, advocacy efforts at local, state, and federal levels help raise awareness of the challenges minority businesses face, leading to greater support and policy changes.
The Chamber also provides a platform for networking and exposure through pitch competitions and advertising opportunities, enabling members to showcase their businesses effectively. Programs like the Minority Supplier Diversity Program encourage corporations to engage with minority vendors, enhancing economic opportunities. The Second Chance Hiring Initiative and the Access to Capital Series further support community growth and inclusion by addressing employment barriers and providing necessary financial resources.
Overall, the Delaware Black Chamber of Commerce plays a vital role in promoting economic empowerment, fostering a supportive entrepreneurial ecosystem, and improving overall community well-being in Wilmington and beyond.
This information is meant to be a general summary of Delaware 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43
- Program Service Revenue: $44,450
- Gross Receipts: $313,033
Assets and Liabilities:
- Total Assets: $182,072
- Total Liabilities: $5,451
- Net Assets: $176,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP
Revenue
$10,000
GALA SPONSORSHIP
Revenue
$12,900
GALA TICKETS
Revenue
$21,550
Organization Details
Founding Year
2021
Main Address
1105 N MARKET STREET STE 102, Wilmington, DE, 19801
Website
www.debcc.org/NTEE Category
Code: S40 - Community improvement
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