Nonprofit · EIN 20-1603755
CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC
Tax-exempt · CHARLOTTE, NC 28233
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $489,450 | $487,456 | $1,994 | $13,447 | $0 | $13,447 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $489,450
- of which government grants
- $462,000
- Membership dues
- $27,450
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $460,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,000
- Accounting fees
- $850
- Travel
- $213
- Program services (functional)
- $487,456
Balance sheet and other
- Total assets, start of year
- $11,453
- Total assets, end of year
- $13,447
- Total liabilities, end of year
- $0
- Net assets, end of year
- $13,447
- Net assets without donor restrictions
- $13,447
- Gross receipts
- $489,450
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2005
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shante Williams | Chairman Trustee or director | 30 | $0 |
| Guy Cousins | Vice Chairman Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 201 N MCDOWELL ST UNIT 33633, CHARLOTTE, NC 28233-0129
- In care of
- % LESTER SELBY
- Mailing address (990-N for 2019)
- 222 s church st ste 300, Charlotte NC 28202
- Principal officer (990 for 2023)
- Shante Williams, 201 n Mcdowell st, 33633, charlotte, NC 28233
- Principal officer (990-N for 2019)
- Shante Williams, 640 n church st, charlotte NC 28202
- Signed the 990
- Shante Williams, Chairman
- Phone
- (704) 726-7147
- Website
- www.cmbcc.org
Mission
"To serve Black-owned businesses in the Charlotte Region by providing resources, promoting political engagement and strengthening networks to increase the economic vitality of the business community."
Program accomplishments
- Initiated and successfully operated a technical assistance program to help Black Businesses survive the economic down turn.Expenses $462,000 · grants $462,000 · revenue $462,000
- Hosted virtual events to get information to businesses owners on marketing, finance, accounting, and web developmentExpenses $25,456 · grants $25,456 · revenue $25,456
- n/a0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1603755
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $13,447
- Income (IRS master file)
- $489,450
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $489,450 | $487,456 | $13,447 | XML |
| 990 | December 2022 | $565,000 | $565,000 | $11,453 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Shante Williams | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1603755).
Questions about CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC
- What is the EIN of CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC is 20-1603755.
- Is CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2023 names Shante Williams.
- Who are the officers and directors of CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
- How much revenue does CHARLOTTE MECKLENBURG BLACK CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $489,450, expenses of $487,456 and total assets of $13,447 at year end.
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All nonprofits in CHARLOTTE · North Carolina · Human services