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African American Chamber Of Commerce Of Wisconsin Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391768969 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is African American Chamber Of Commerce Of Wisconsin Inc?

The African American Chamber of Commerce of Wisconsin Inc, located in Milwaukee, Wisconsin, is a dynamic nonprofit organization dedicated to fostering the growth and sustainability of African American-owned businesses. They achieve this by offering various resources, such as access to capital, education, and advocacy. Their capacity-building and strategic partnerships are instrumental in empowering these businesses to thrive and contribute to the community's economic vibrancy. The chamber provides opportunities for promotion, publicity, and networking, hosting events that facilitate business growth. Additionally, they manage a revolving loan fund to increase capital access for existing and new minority businesses. In collaboration with Kiva U.S. and LISC, they offer small business grants and loans to further support their mission. With a workforce of six dedicated individuals, the African American Chamber of Commerce of Wisconsin Inc is committed to unlocking limitless opportunities for African American entrepreneurs and businesses in the workplace.


Official website here: www.aaccwi.org

Is African American Chamber Of Commerce Of Wisconsin Inc legitimate?

African American Chamber Of Commerce Of Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. African American Chamber Of Commerce Of Wisconsin Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $169,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $193,558

For more financial information, click here


Official website here: www.aaccwi.org

What is the mission statement of African American Chamber Of Commerce Of Wisconsin Inc?

The African American Chamber of Commerce of Wisconsin Inc. champions the growth and sustainability of African American-owned businesses by providing access to capital, education, and advocacy. This is achieved through capacity building and strategic partnerships. Their vision is to foster a community with strong African American-owned businesses and entrepreneurs, promoting economic vibrancy and providing limitless opportunities in the workplace. They strive to empower these businesses, ultimately contributing to a thriving economic landscape.


Official website here: www.aaccwi.org

Who is the CEO of African American Chamber Of Commerce Of Wisconsin Inc?

Nikki Purvis is the Director of African American Chamber Of Commerce Of Wisconsin Inc. The CEO's salary of African American Chamber Of Commerce Of Wisconsin Inc is $33,132 and their total compensation is $43,670.


Official website here: www.aaccwi.org

What is the revenue of African American Chamber Of Commerce Of Wisconsin Inc?

African American Chamber Of Commerce Of Wisconsin Inc's revenue in 2022 was $585,843.


Official website here: www.aaccwi.org

Who are the executives of African American Chamber Of Commerce Of Wisconsin Inc and what are their salaries?

The average compensation at African American Chamber Of Commerce Of Wisconsin Inc during 2022 was $60,432. There are 6 employees and 13 volunteers at African American Chamber Of Commerce Of Wisconsin Inc.

Here are 15 key members and their salaries (African American Chamber Of Commerce Of Wisconsin Inc's CEO's salary is $33,132 and their total compensation is $43,670):

    Ossie C Kendrik Jr (Ceo (Former))
  • Compensation: $95,981
  • Related: $0
  • Other: $24,209

    • Nikki Purvis (Ceo)
  • Compensation: $33,132
  • Related: $0
  • Other: $10,538

    • Nicosia King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Means (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Lia Knox (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Treder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren E Buliox (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Pazaras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julian Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Deck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Damira Grady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Johnson-Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laquondra Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marjorie Rucker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aaccwi.org

    Where can I find the form 990 for African American Chamber Of Commerce Of Wisconsin Inc?

    The African American Chamber Of Commerce Of Wisconsin Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aaccwi.org

    Learn more at the official website: www.aaccwi.org

    Mission Statement of African American Chamber Of Commerce Of Wisconsin Inc

    The African American Chamber of Commerce of Wisconsin Inc is committed to fostering the growth and sustainability of African American-owned businesses in the community. They achieve this mission by providing access to crucial resources such as capital, education, and advocacy. This is accomplished through capacity building and strategic partnerships. The organization's vision is to see a thriving landscape of strong African American-owned businesses and entrepreneurs, contributing to the economic vitality of the community and creating boundless opportunities in the workplace.

    Impact

    This information is meant to be a general summary of African American Chamber Of Commerce Of Wisconsin Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The African American Chamber Of Commerce Of Wisconsin Inc champions the growth and sustainability of African American owned businesses by providing access to capital, education, and advocacy through capacity building and strategic partnerships. They provide opportunities for members' promotion and publicity, a voice in government, networking events, customer referrals, and access to a co-working space. Additionally, the Chamber's revolving loan fund increases access to capital for existing and new minority businesses, while developing partnerships within the business community. Through partnerships with organizations like Kiva U.S. and LISC, they provide 0% interest small business loans and grants to small businesses. Their impact includes fostering strong African American owned businesses and entrepreneurs that promote economic vibrancy and provide limitless opportunities in the workplace.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,907
  • Program Service Revenue: $35,200
  • Gross Receipts: $622,727

    • Assets and Liabilities:
  • Total Assets: $1,282,855
  • Total Liabilities: $369,910
  • Net Assets: $912,945
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RISE PROGRAM

    Revenue

    $35,200

    Organization Details

    Founding Year

    1993

    Principal Officer

    Nikki Purvis

    Main Address

    1920 N MARTIN LUTHER KING JR DRIV, MILWAUKEE, WI, 53212

    NTEE Category

    Code: B95Z - Education

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