2024-11-15T09:07:35-06:00 2023-12-31 202153727 SB & COMPANY 10200 GARND CENTRAL AVENUE SUITE 250 OWINGS MILLS MD 21117 990 2023-01-01 237348780 NATIONAL BLACK MBA ASSOCIATION INC NATI 4042600180 400 WEST PEACHTREE ST NW SUITE 203 ATLANTA GA 30308 HENRY B HICKS III CHIEF EXECUTIVE OFFICER 4042600180 2024-11-15 1 0 TIANA WYNN P00997288 4105840060 2023 2024-10-15 13:58:12Z HENRY B HICKS III 400 WEST PEACHTREE ST NW SUITE 203 ATLANTA GA 30308 11946623 0 X WWW.NBMBAA.ORG X 1970 GA SEE ATTACHMENT A 10 10 23 365 0 0 1454073 1778452 9375690 10076414 -85227 45199 248047 46558 10992583 11946623 280370 334445 0 0 2526159 2721459 45000 0 0 8127986 9430294 10979515 12486198 13068 -539575 5809540 4991568 3404276 3074671 2405264 1916897 X THE NATIONAL BLACK MBA ASSOCIATION(R) LEADS IN THE CREATION OF EDUCATIONAL OPPORTUNITIES AND ECONOMIC GROWTH FOR BLACK PROFESSIONALS. WE ARE COMMITTED TO MAKING AN IMPACTFUL AND SUSTAINABLE DIFFERENCE IN THE COMMUNITIES IN WHICH WE WORK AND SERVE THROUGH: INNOVATIVE PROGRAMS THAT STIMULATE INTELLECTUAL AND ECONOMIC GROWTH PARTNERSHIPS WITH KEY STAKEHOLDERS WHO HELP FACILITATE THIS GROWTH INCREASED AWARENESS AND ACCESS TO GRADUATE MANAGEMENT PROGRAMS AND CAREER OPPORTUNITIES IN MANAGEMENT FIELDS. 0 0 5402565 0 9781868 ANNUAL NATIONAL CONFERENCE - THE NBMBAA HOSTS THE LARGEST DIVERSITY CAREER FAIR AND EXPOSITION IN THE NATION WITH THE AIM OF EMPOWERING VISIONARIES. FIVE DECADES AGO, THE NBMBAA FOUNDERS MADE A PROMISE TO PROMOTE EDUCATIONAL AND ECONOMIC EMPOWERMENT FOR BLACK AMERICANS. OUR COMMITMENT TO EXPLORING THE BEST PRACTICES IN LEADERSHIP AND CAREER FOCUSED PROGRAMMING HAS BEEN THE CATALYST THAT HAS GUIDED THE ASSOCIATION. EVERY YEAR WE HONOR THIS PLEDGE. 1389867 56900 294546 PARTNER RELATIONS 1328662 156100 MEMBERSHIP SERVICES - THE NBMBAA IS A PROFESSIONAL MEMBERSHIP ASSOCIATION, AND THESE ARE PROGRAMS AIMED AT SUPPORTING OUR MEMBERS TO DEVELOP AND EXCEL IN THEIR PROFESSIONAL JOURNEY. WE PROVIDED MONTHLY SEMINARS DURING THE YEAR AND HOSTED A SCALEUP PITCH COMPETITION TO ENCOURAGE AND PROVIDE FUNDING FOR OUR ENTREPRENEURS AND OTHER INITIATIVES DRIVEN BY OUR LOCAL CHAPTERS. THERE ARE 34 LOCAL NBMBAA CHAPTERS AND APPROXIMATELY 12,000 MEMBERS THROUGHOUT NORTH AMERICA. 1891544 121445 OTHER PROGRAMS 1891544 121445 10012638 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 73 0 1 23 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 GA X HENRY B HICKS III 4042600180 400 WEST PEACHTREE STREET NW SUITE ATLANTA GA 30308 LESLIE COLEMAN CHAIR 2.00 X X 0 0 0 MICHAEL MCNEIL VICE CHAIR, ADVANCEMENT & DEVELOPMENT 2.00 X X 0 0 0 RENEE HORNE FINANCE COMMITTEE CHAIR, TREASURER 2.00 X X 0 0 0 BILL BORDEN VICE CHAIR, LEADERSHIP PROGRAMS & CHAPTER DEVELOPM 2.00 X X 0 0 0 KEVIN D WRIGHT BOARD MEMBER 2.00 X 0 0 0 MICHAEL E HAMILTON BOARD MEMBER 2.00 X 0 0 0 ORIS R STUART II BOARD MEMBER 2.00 X 0 0 0 JASON CAMPBELL BOARD MEMBER 2.00 X 0 0 0 KEVIN WRIGHT BOARD MEMBER 2.00 X 0 0 0 ALVIN BROWN BOARD MEMBER 2.00 X 0 0 0 H BEECHER HICKS III PRESIDENT & CEO 40.00 X 64983 0 0 SHAWN GRAHAM CHIEF FINANCIAL OFFICER / INTERIM CEO 40.00 X 301117 0 0 RODERICK DOUTHIT VP, PARTNER DEVELOPMENT 40.00 X 178928 0 0 PAULA FONTANA VP, STRATEGIC PROGRAMMING INITIATIVES 40.00 X 159338 0 0 MESHEA WEB DIRECTOR OF HUMAN RESOURCES & CAREER PLACEMENT 40.00 X 126943 0 0 ELAINE RICHARDSON SR. DIRECTOR, CONFERENCE OPERATIONS & SPECIAL EVEN 40.00 X 146897 0 0 LAFREDA HENDLEY DIRECTOR OF MARKETING 40.00 X 111199 0 0 1089405 0 0 6 0 1 0 EVENT ADVISORY GROUP 10474 ARMSTRONG STREET FAIRFAX VA 22030 EXHIBIT SALES MANAGEMENT SERVICES 1410873 ENCORE GROUP 23918 NETWROK PLACE CHICAGO IL 60673 CONFERENCE AUDIO VISUAL 580495 ARAMARK SFS PENN CONVENTION CENTER 1101 ARCH STREET PHILADELPHIA PA 19107 CONFERENCE ROOMS/CATERING 565652 PHILADELPHIA MARRIOTT DOWNTOWN HOTEL 1201 MARKET STREET PHILADELPHIA PA 19107 CONFERENCE ROOMS/CATERING 355423 NOELLE-ELAINE MEDIA INC 405 BOTTSFORD AVE UPPER MARLBORO MD 20774 EVENT PRODUCTION/SHOW MANAGEMENT 214539 5 923976 854476 1778452 ANNUAL CONFERENCE 611430 9781868 9781868 PRODUCT SALES 900099 294546 294546 10076414 45199 45199 OTHER INCOME 900099 46558 46558 46558 11946623 10076414 0 91757 334445 334445 1089403 689601 399802 1139406 721253 418153 306030 193407 112623 186620 123353 63267 62438 62438 82567 82567 4181349 3921003 260346 697165 696807 358 82627 10415 72212 270489 160284 110205 341252 270287 70965 801549 720441 81108 1183485 1149347 34138 28860 28860 209152 209152 72037 40208 31829 MEMBERSHIP REBATES 606497 606497 AWARDS AND GIFTS 249114 241503 7611 ALL OTHER EXPENSES 238732 85673 153059 BANK AND CREDIT CARD CH 174799 174799 148182 48114 100068 12486198 10012638 2473560 0 871767 508985 1205782 1242358 961187 685562 393047 73346 2668754 886162 1838351 1782592 537386 602554 2020 96171 5809540 4991568 837736 456179 1681059 1309694 746382 1201977 139099 106821 3404276 3074671 X 1688515 1253165 716749 663732 2405264 1916897 5809540 4991568 -539575 51208 0 X X 0 1 X 1 0 X 1080105 1337568 1323035 1454073 1778452 6973233 1080105 1337568 1323035 1454073 1778452 6973233 6973233 60854 58886 39607 -85227 45199 119319 7092552 0.98320 0.82900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 587066 587066 556967 30099 587066 511407 45560 556967 489406 22001 511407 458223 31183 489406 1.00000 0 0 1825238 367889 1457349 453581 332620 120961 389935 185653 204282 1782592 CORPORATE PARTNER OVERPAYMENT 29000 ACCRUED PTO 19837 PASS-THROUGH LIABILITY 52984 OTHER 5000 106821 12555640 51208 557809 609017 11946623 0 11946623 13044007 557809 557809 12486198 0 12486198 0 SCHOLARSHIPS 182 334445 X X 0 0 0 0 0 0 0 0 0 SHAWN GRAHAM CHIEF FINANCIAL OFFICER / INTERIM CE 218577 0 34000 0 48540 0 0 0 0 0 301117 0 0 0 RODERICK DOUTHIT VP, PARTNER DEVELOPMENT 171138 0 5000 0 2790 0 0 0 0 0 178928 0 0 0 PAULA FONTANA VP, STRATEGIC PROGRAMMING INITIATIVE 125561 0 9000 0 24777 0 0 0 0 0 159338 0 0 0 X COMPUTER EQUIPMENT AND SUPPORT SERVICES 0 557809 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE NATIONAL BLACK MBA ASSOCIATION IS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE TO RALLY BOARD MEMBER NOMINEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS COMPLETED BY THE FINANCE DEPARTMENT, REVIEWED BY THE CFO AND CEO, AND APPROVED BY THE BOARD OF DIRECTORS FOR VOTE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEW THE PRESIDENT AND CEO COMPENSATION ON AN ANNUAL BASIS THE PRESIDENT AND CEO REVIEWS ALL OTHER EXECUTIVE COMPENSATION ON AN ANNUAL BASIS. NO MEMBER OF THE BOARD OF DIRECTORS RECEIVES COMPENSATION FROM THE ORGANIZATION FOR THEIR BOARD SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AS REQUESTED AND PROVIDED VIA MAIL OR ELECTRONICALLY. PART XII, LINE 2C PROCESS THE SAME AS PRIOR YEAR. PART IX, LINE 11G, OTHER FEES: OUTSOURCED SERVICES INCLUDE: STRATEGIC PLANNING, PROFESSIONAL DEVELOPMENT SESSIONS, WEBINARS, WEB DESIGN, CONTENT DEVELOPMENT, CONFERENCE PROGRAMMING, VOLUNTEER OPERATIONS, AMRKETING AGENCY SERVICES, AND ASSOCIATION MANAGEMENT SERVICES.