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Nonprofit · EIN 45-5108367

NORBCC INC

Tax-exempt · NEW ORLEANS, LA 70126

Financials

$309K$336K2024
Revenue Expenses · by fiscal year end
Financials of NORBCC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$309,148$336,447-$27,299$18,734$6,300$12,434
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$186,308
of which government grants
$19,828
Membership dues
$69,832
Program service revenue
$122,790
Investment income
$50
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$3,958
Salaries, compensation and benefits (total)
$4,428
Professional fundraising fees
$0
Legal fees
$875
Accounting fees
$54,000
Occupancy
$14,800
Program services (functional)
$164,027
Management and general (functional)
$172,420

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$18,734
Total liabilities, end of year
$6,300
Net assets, end of year
$12,434
Gross receipts
$309,148
Employees
4
Volunteers
20
Year formed
2006
State of legal domicile
LA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Stephanie ChamblissChair
Officer
2$0
Edward CoulonVice Chair
Officer
2$0
Anthony BridgesTreasurer
Officer
2$0
JoAnn MinorSecretary
Officer
2$0
Louis ColinBoard Member
Trustee or director
1$0
April DavenportBoard Member
Trustee or director
1$0
Renato GlasperBoard Member
Trustee or director
1$0
Fallon EvansBoard Member
Trustee or director
1$0
Krystal HardyBoard Member
Trustee or director
1$0
C J MarbleyBoard Member
Trustee or director
1$0
Cedric MorganBoard Member
Trustee or director
1$0
Ed RobinsonBoard Member
Trustee or director
1$0
Dr Patrice SentinoBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
6803 PRESS DR STE 164, NEW ORLEANS, LA 70126-1049
Principal officer (990 for 2024)
EDWARD COULON, 6803 PRESS DR, STE 164, NEW ORLEANS, LA 70126
Signed the 990
Edward B Smith, Board Chairman
Phone
(225) 802-9634

Mission

To support promote and educate our members for sustainable growth and expansion. Also to empower and and sustain the African American business community through entrepreneurship and economic activity in the Greater New Orleans and global economy as a whole.

990 for the year ended December 31, 2024

Program accomplishments

  • Entrepreneurial & Small Business Trainings: NORBCC provides access to training education and resources to our members and community members. Trainings consist of marketing financial literacy basic accounting and bookkeeping understanding business credit creating business plans access to capital & funding options as well as networking and relationship building to promote business partnership opportunities. The NORBCC was able to touch over 400 small businesses across 12 Louisiana parishes.
    Expenses $28,555 · grants $10,000 · revenue $60,650
  • Women in Business Empowerment event is dedicated to empowering educating and celebrating Black women leaders and entrepreneurs across the LA region. Hosting 200+ women this event feature sessions on securing venture capital navigating procurement contracts mastering digital marketing essential leadership development and the health of women. The event culminates into a gala dinner honoring local Black women who have demonstrated extraordinary commitment to community and economic advancement. By providing access to capital resources and a powerful network of sisterhood we are fueling the growth engines of our local economy and ensuring that phenomenal women receive phenomenal support.
    Expenses $21,141 · grants $5,000 · revenue $29,280
  • Annual Men in Business-Health & Wellness event welcomes more than 100+ men to discuss topics that address the State of the Black Mans Mind Body & Soul Building and Protecting Assets. This event focuses on helping men to strive toward Solutions Not Problems; Real Talk; Boys to Men: Bridging the Gaps. Created by Men for Men!
    Expenses $15,985 · grants $10,000 · revenue $20,885
  • In addition to our primary program services we also offer supplemental activities to fulfill our mission. These include real estate forums wealth management symposium policy forums homebuying workshops community outreach programs and educational events. These initiatives aim to further engage our target population and enhance the impact of our organization in the community. Our commitment to providing a comprehensive range of services reflects our dedication to maximizing our positive influence and achieving our organizational goals.
    Expenses $172,800 · revenue $87,523

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
45-5108367
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18,734
Income (IRS master file)
$309,148

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$309,148$336,447$18,734XML
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS

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 45-5108367).

Questions about NORBCC INC

What is the EIN of NORBCC INC?
The employer identification number (EIN) of NORBCC INC is 45-5108367.
Is NORBCC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2012.
Are donations to NORBCC INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORBCC 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 NORBCC 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 NORBCC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORBCC INC?
The 990 for the year ended December 31, 2024 names EDWARD COULON.
Who are the officers and directors of NORBCC INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does NORBCC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $309,148, expenses of $336,447 and total assets of $18,734 at year end.

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