Nonprofit · EIN 88-1929273
THE ALBANY BLACK CHAMBER OF COMMERCE INC
Tax-exempt · ALBANY, NY 12210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $428,810 | $464,245 | -$35,435 | $28,535 | $43,556 | -$15,021 |
| December 31, 2023 | 990 | $244,650 | $315,547 | -$70,897 | $39,488 | $19,074 | $20,414 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $345,840
- Membership dues
- $107,668
- Program service revenue
- $82,970
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $80,000
- Other salaries and wages
- $121,221
- Salaries, compensation and benefits (total)
- $216,865
- Professional fundraising fees
- $0
- Legal fees
- $10,351
- Accounting fees
- $9,000
- Occupancy
- $15,324
- Travel
- $25
- Depreciation
- $685
- Management and general (functional)
- $464,245
Balance sheet and other
- Total assets, start of year
- $39,488
- Total assets, end of year
- $28,535
- Total liabilities, end of year
- $43,556
- Net assets, end of year
- -$15,021
- Land, buildings and equipment
- $4,054
- Gross receipts
- $428,810
- Employees
- 2
- Year formed
- 2022
- State of legal domicile
- NY
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deshanna Wiggins | Executive Director Trustee or director, Key employee, Highest-paid employee | 40 | $80,000 |
| Jahkeen Hoke | Treasurer Trustee or director | 5 | $0 |
| Corey Ellis | Trustee Trustee or director | 5 | $0 |
| Walter Porter | Chair Trustee or director | 5 | $0 |
| James Sanders | Vice Chair Trustee or director | 5 | $0 |
| Natisha Alexander | Trustee Trustee or director | 5 | $0 |
| Robert Nichols | Trustee Trustee or director | 5 | $0 |
| Rick Ostroff | Trustee Trustee or director | 5 | $0 |
| Tamika Otis | Trustee Trustee or director | 5 | $0 |
| Obar Robinson | Trustee Trustee or director | 5 | $0 |
| Elton Tune | Trustee Trustee or director | 5 | $0 |
| Kizzy Williams | Trustee Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANTHONY GADDY | DIRECTOR Trustee or director | 40 | $0 |
| COREY ELLIS | DIRECTOR Trustee or director | 40 | $0 |
| JAHKEEN HOKE | DIRECTOR Trustee or director | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 141 WASHINGTON AVE, ALBANY, NY 12210-2303
- Signed the 990
- DESHANNA WIGGINS, Executive Director
- Phone
- (518) 990-7265
- Return prepared by
- Coppola Consulting & Accounting LLC
Mission
ENCOURAGE THE DEVELOPMENT, PROMOTION, AND GROWTH OF BLACK AND MINORITY-OWNED BUSINESSES IN THE GREATER CAPITAL REGION.
Program accomplishments
- THE ALBANY BLACK CHAMBER OF COMMERCE HOSTED MULTIPLE PROFESSIONAL DEVELOPMENT EVENTS FOR LOCAL BUSINESS LEADERS. THESE EVENTS INCLUDE EMPIRE, WHICH IS A SPEAKER SERIES THAT IS HOSTED ONCE PER QUARTER AND FEATURES GLOBAL INDUSTRY EXPERTS, AND UPSTREAM, A MONTHLY PANEL THAT HIGHLIGHTS BOTH LOCAL INDUSTRY EXPERTS AND CHAMBER MEMBERS.
- THE ALBANY BLACK CHAMBER OF COMMERCE HOSTED NUMEROUS NETWORKING AND COMMUNITY ENGAGEMENT EVENTS DURING THE YEAR, INCLUDING MONTHLY DINNER SOCIALS FOR LOCAL BUSINESS LEADERS, AND BOTH A GOLF LEAGUE AND BOWLING LEAGUE FOR MEMBERS.
- THE ALBANY BLACK CHAMBER OF COMMERCE PARTNERED WITH ITS MEMBER COMPANIES TO HOST AN ANNUAL AWARDS GALA, WHICH COMMEMORATED THE ACCOMPLISHMENTS OF BOTH THE ORGANIZATION ITSELF AND ITS MEMBERS.
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 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-1929273
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $28,535
- Income (IRS master file)
- $428,810
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $428,810 | $464,245 | $28,535 | XML |
| 990 | December 2023 | $244,650 | $315,547 | $39,488 | XML |
| 990 | December 2022 | – | – | – | 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 88-1929273).
Questions about THE ALBANY BLACK CHAMBER OF COMMERCE INC
- What is the EIN of THE ALBANY BLACK CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of THE ALBANY BLACK CHAMBER OF COMMERCE INC is 88-1929273.
- Is THE ALBANY BLACK CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2023.
- Are donations to THE ALBANY BLACK CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE ALBANY 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 THE ALBANY 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 THE ALBANY 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 2024.
- Who are the officers and directors of THE ALBANY BLACK CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $80,000 (Deshanna Wiggins, Executive Director).
- How much revenue does THE ALBANY BLACK CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $428,810, expenses of $464,245 and total assets of $28,535 at year end.
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All nonprofits in ALBANY · New York · Community improvement and capacity building