Overview
What is Black Business Association Of La?
The Black Business Association of LA is a nonprofit organization that champions the growth and sustainability of African-American-owned businesses. Their mission is to establish a robust economic foundation that fosters self-determination and longevity within the African-American community. They accomplish this by advocating on behalf of these businesses and promoting their development through a series of workshops and webinars, providing valuable resources and opportunities for expansion.
Official website here: www.bbala.org
Is Black Business Association Of La legitimate?
Black Business Association Of La is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Business Association Of La 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: $49,364
Professional Fundraising Fees: $2,425
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bbala.org
What is the mission statement of Black Business Association Of La?
The Black Business Association advocates for and promotes the growth of African-American owned businesses. Their primary goal is to establish a strong economic foundation that fosters self-determination and ensures the survival of the African-American community. They achieve this by advocating for these businesses and providing them with necessary resources and opportunities. The association organizes business access workshops and webinars to equip these businesses with the necessary tools for success. Their ultimate aim is to strengthen the economic position of the African-American community.
Official website here: www.bbala.org
What is the revenue of Black Business Association Of La?
Black Business Association Of La's revenue in 2024 was $192,614.
Official website here: www.bbala.org
Who are the executives of Black Business Association Of La and what are their salaries?
There 12 volunteers at Black Business Association Of La.
Here are 8 key members and their salaries:
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- Compensation: $48,715
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- Other: $0
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Official website here: www.bbala.org
Where can I find the form 990 for Black Business Association Of La?
Black Business Association Of La's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bbala.org
Learn more at the official website: www.bbala.org
Mission Statement of Black Business Association Of La
The Black Business Association, based in Louisiana, advocates and promotes the growth of African-American-owned businesses. Their primary objective is to establish a robust economic foundation that supports the self-determination and survival of the African-American community. To achieve this, they offer various resources and initiatives. This includes conducting business access workshops and webinars, aiming to provide valuable insights and tools to help these businesses thrive. By supporting and nurturing African-American businesses, the Black Business Association of LA contributes to the economic empowerment and resilience of the African-American community.
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Impact
October, 2024
The Black Business Association of LA plays a crucial role in fostering the growth and development of Black-owned businesses in Los Angeles. By advocating for equitable opportunities and resources, the organization actively works to enhance the economic landscape for its members. Through various business access workshops and webinars, it equips entrepreneurs with essential knowledge and skills to navigate the complexities of starting and managing a business.
The Association not only promotes individual business success but also contributes to community improvement by strengthening the economic base within the Black community. By providing a platform for networking and mentorship, it builds a supportive ecosystem that encourages collaboration and innovation among Black entrepreneurs. Overall, the Black Business Association of LA significantly impacts both its members and the broader community by driving economic empowerment and enhancing business visibility.
This information is meant to be a general summary of Black Business Association Of La. 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 2024.
- Program Service Revenue: $129,780
- Gross Receipts: $192,614
Assets and Liabilities:
- Total Assets: $58,452
- Total Liabilities: $58,452
- 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 READY WEBINARS AND WORKSHOPS
Revenue
$55,703
CUMMUNITY BRIEFINGS AND SYMPOSIUMS
Revenue
$55,510
CONTRACT PROCUREMENT WEBINARS AND WORKSHOPS
Revenue
$18,567
Organization Details
Founding Year
1970
Principal Officer
Sarah Harris
Website
www.bbala.orgNTEE Category
Code: S41 - Community improvement
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