African American Chamber of Commerce of Central FL

Address
3201 E Colonial Drive
Orlando, FL 32803
Contact
Nonprofit
NTEE: S41 - Promotion of Business
EIN: 59-3314330

Mission

The African American Chamber of Commerce of Central Florida serves as an advocacy organization to unify, promote and empower the african american community in the areas of programing, economic development, education and training thereby forming mutually beneficial collaborations.
 201520132012
Basic features of the organization
Year of formation1994
Subsection501(c)
Organization typeCorporation
Metropolitan statistical area5960
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$80,000.00  
Number of employees1  
Number of people compensated >$100k0  
Number of volunteers20  
Personnel
Beacham, John
TitleChairman  
Name of key/compensated personJohn Beacham  
Average hours per week working for org5.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionOfficer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Coley, Antonio
TitleTreasurer  
Name of key/compensated personAntonio Coley  
Average hours per week working for org5.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionOfficer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Davis, John
TitlePresidentCEO  
Name of key/compensated personJohn Davis  
Average hours per week working for org40.00  
Reportable compensation from org$80,000.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionHighly compensated employee  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Odongo, Joyce
TitleSecretary  
Name of key/compensated personJoyce Odongo  
Average hours per week working for org5.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionOfficer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Riley, Reginald
TitleVice Chairman  
Name of key/compensated personReginald B Riley  
Average hours per week working for org5.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionOfficer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Purpose: mission, activities & accomplishments
Mission or significant activitiesThe African American Chamber of Commerce of Central Florida serves as an advocacy organization to unify, promote and empower the african american community in the areas of programing, economic development, education and training thereby forming mutually beneficial collaborations.  
Program expenses (total)$111,801.00  
Programs, including revenue & expenses
Education seminars and networking events held for minority owned businesses.
Program expenses$111,801.00  
Program descriptionEducation seminars and networking events held for minority owned businesses.  
Financial data
Expense categories (totals)
Sum (total functional expenses)$364,122.00  
Program services (total functional expenses)$111,801.00  
Management & general (total functional expenses)$252,321.00  
Fundraising (total functional expenses)$0.00  
Revenue
Total revenue$377,827.00  
Program service revenue (total)$185,327.00$59,315.00$212,265.00
Revenue from contributions (total)$192,500.00$85,825.00$575.00
Investment income$0.00  
Total unrelated business revenue$0.00  
Other revenue, current yr$0.00  
Net unrelated business taxable revenue$0.00  
Total revenue from grants, etc., current yr$192,500.00  
Gross receipts$377,827.00  
Sources of contributions
Contributions revenue from membership dues$192,500.00  
Other types of revenue
Net rental income $0.00$0.00
Fees for services
Fundraising service fees (total)$0.00  
Accounting service fees (total)$9,732.00  
Assets and liabilities
Total assets$83,002.00$25,544.00$32,840.00
Total assets, beginning of year$59,684.00  
Total liabilities$13,183.00$850.00$2,453.00
Total liabilities, beginning of year$3,570.00  
Net assets$69,819.00  
Net assets, beginning of year$56,114.00  
Cash: non-interest bearing$53,602.00  
Cash: non-interest bearing, beginning of year$59,684.00  
Other financial variables
Revenue less expenses$13,705.00  
Advertising (total)$1,009.00  
Accounts receivable, net$29,400.00  
Accounts payable & accrued expenses$13,183.00  
Total net assets or fund balances$69,819.00  
Governance and accountability
Number of voting members4  
Number of independent voting members4  
Tax year start date2015-01-01  
Tax year end date2015-12-31  
Accounting methodCash  
Metadata about the filing
E-return type990  
Date e-filing submitted2017-08-30  
IRS schema version2015v3.0  
Filing identifier201741089349301679  
Use these data in your project Benchmark this organization against its peers