nonprofit logo

California Black Chamber Of Commerce Foundation

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

EIN: 680416294 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

Overview

What is California Black Chamber Of Commerce Foundation?

The California Black Chamber of Commerce Foundation is a charitable organization, headquartered in Sacramento, California. Its primary purpose is to provide financial aid in the form of grants, loans, or distributions exclusively to the California Black Chamber of Commerce Inc. The foundation's mission encompasses supporting marginalized communities by executing programs and initiatives. Additionally, it offers academic scholarships to qualified individuals, contributing to their educational growth. The foundation's role is to administer and manage its assets and income solely for charitable purposes.


Is California Black Chamber Of Commerce Foundation legitimate?

California Black Chamber Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Black Chamber Of Commerce Foundation 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: $10,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of California Black Chamber Of Commerce Foundation?
Who is the CEO of California Black Chamber Of Commerce Foundation?
What is the revenue of California Black Chamber Of Commerce Foundation?
Who are the executives of California Black Chamber Of Commerce Foundation and what are their salaries?
Where can I find the form 990 for California Black Chamber Of Commerce Foundation?

Mission Statement of California Black Chamber Of Commerce Foundation

The California Black Chamber of Commerce Foundation, in its mission, is dedicated to administering and executing programs aimed at supporting marginalized communities. The primary objective of this nonprofit organization is to utilize its assets and income solely for charitable purposes. Beyond this, the foundation has a specific purpose: to grant, loan, or distribute funds exclusively to the California Black Chamber of Commerce Inc. This financial support is provided with the goal of furthering charitable, educational, and research initiatives. Furthermore, the foundation offers academic scholarships to qualified individuals, contributing to the education and development of the community it serves.

Impact

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




Wednesday, July 24, 2024

The California Black Chamber of Commerce Foundation's impact is centered on administering and executing programs for marginalized communities, making grants, loans, and other distributions exclusively to the California Black Chamber of Commerce Inc. The foundation operates solely for charitable, educational, and research purposes, providing academic scholarships to qualified individuals. Based in Sacramento, CA, the foundation's mission is to utilize its assets and income exclusively for charitable purposes, with a focus on education.





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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $524,709

    • Assets and Liabilities:
  • Total Assets: $257,505
  • Total Liabilities: $149,359
  • Net Assets: $108,146
  • Organization Details

    Founding Year

    1994

    Principal Officer

    Jay King

    Main Address

    1600 SACRAMENTO INN WAY, SACRAMENTO, CA, 95815

    NTEE Category

    Code: B82 - Education

    If you are a representative of California Black Chamber Of Commerce Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.