Nonprofit · EIN 20-3535639
AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION
Tax-exempt (reinstated) · PHILADELPHIA, PA 19103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $40,000 | $144,511 | -$104,511 | $8,352 | – | $8,352 |
| December 31, 2024 | 990-EZ | $138,001 | $125,400 | $12,601 | $112,863 | – | $112,863 |
| December 31, 2023 | 990-EZ | $161,228 | $213,466 | -$52,238 | $100,262 | – | $100,262 |
| December 31, 2022 | 990-EZ | $133,832 | $64,560 | $69,272 | $152,500 | – | $152,500 |
| December 31, 2021 | 990-EZ | $27,850 | $54,760 | -$26,910 | $81,228 | – | $81,228 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Membership dues
- $10,000
- Program service revenue
- $30,000
Expenses
- Grants and similar amounts paid
- $32,001
- Compensation of officers, directors and key employees
- $50,000
- Salaries, compensation and benefits (total)
- $50,000
- Other expenses
- $62,510
Balance sheet and other
- Total assets, start of year
- $112,863
- Total assets, end of year
- $8,352
- Total liabilities, end of year
- –
- Net assets, end of year
- $8,352
- Cash, savings and investments
- $8,352
- Gross receipts
- $40,000
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Regina Hairston | President | 40 | $50,000 |
| Bjorn Goldstein | Trustee | 1 | $0 |
| Malik Brown | Trustee | 1 | $0 |
| Melinda Johnson EdD | Chairwoman | 1 | $0 |
| Jovan Goldstein | Trustee | 1 | $0 |
| Krishna Narine | Trustee | 1 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISHNA NARINE | EXECUTIVE DI | 4 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISHNA NARINE | EXECUTIVE DI | 4 | $0 |
990-EZ for the year ended December 31, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISHNA NARINE | EXECUTIVE DI | 4 | $0 |
990-EZ for the year ended December 31, 2021: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISHNA NARINE | BOARD CHAIRM | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 2005 MARKET ST STE 325, PHILADELPHIA, PA 19103-7024
- In care of
- % KRISHNA NANNE
- Mailing address (990-N for 2019)
- 1617 John F Kennedy Blvd No 889, Philadelphia PA 19103
- Principal officer (990-N for 2019)
- Ouida Simpson, 1617 John F Kennedy Blvd No 889, Philadelphia PA 19103
- Signed the 990-EZ
- REGINA HAIRSTON, PRESIDENT
- Return prepared by
- Tanika Mann & Associates LLC
Mission
The AACC Foundation is the charitable partner of the African American Chamber of Commerce of Pennsylvania, New Jersey, and Delaware. Through strategic investments in entrepreneurship, workforce development, leadership advancement, and community initiatives, the Foundation works to expand access to opportunity and strengthen the economic vitality of the communities we serve.
Program accomplishments
- None
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-3535639
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $8,352
- Income (IRS master file)
- $40,000
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- February 12, 2024
- Reinstated
- Effective May 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $40,000 | $144,511 | $8,352 | XML |
| 990-EZ | December 2024 | $138,001 | $125,400 | $112,863 | IRS |
| 990-EZ | December 2023 | $161,228 | $213,466 | $100,262 | IRS |
| 990-EZ | December 2022 | $133,832 | $64,560 | $152,500 | IRS |
| 990-EZ | December 2021 | $27,850 | $54,760 | $81,228 | XML |
| 990-N for 2019 Officer: Ouida Simpson | 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 20-3535639).
Questions about AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION
- What is the EIN of AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION?
- The employer identification number (EIN) of AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION is 20-3535639.
- Is AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
- Are donations to AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION?
- The 990-N for 2019 names Ouida Simpson.
- Who are the officers and directors of AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $50,000 (Regina Hairston, President).
- How much revenue does AFRICAN AMERICAN CHAMBER OF COMMERCE FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $40,000, expenses of $144,511 and total assets of $8,352 at year end.
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