EIN 06-1820423

African-American Chamber of Commerce of New Jersey

IRS 501(c) type
501(c)(3)
Num. employees
17
Year formed
2007
Most recent tax filings
2022-12-01
NTEE code, primary
Description
African-American Chamber of Commerce of New Jersey economically empowers and sustains African-American communities through entrepreneurship and capitalistic activities within the State of New Jersey and interacts with the Nation. The Organization trained individuals through the Small Business Bonding Readiness Assistance Program, resulting in a majority of participants receiving pre-qualification bonding. AACCNJ conducted various events to provide educational, networking, and procurement opportunities for Black minority-owned businesses throughout the State of New Jersey.
Total revenues
$3,067,074
2022
Total expenses
$2,830,963
2022
Total assets
$2,861,249
2022
Num. employees
17
2022

Program areas at African-American Chamber of Commerce of New Jersey

The Organization was able to train individuals through the Small Business Bonding Readiness Assistance Progra. Majority of the the paricipants received pre-qualification bonding.
Received grant from NJ Community Loan Fund to explore the possibility of establshing a micro lending institition to serve minority owned business
Received two-year grant for upskilling through a work force innovation and Opportunity Act set Aside provided by US Department of Labor.
Conducted various events to provide educational, networking and procurement opportunities for Black minority owned businesses throughout the State of of New Jersey.

Who funds African-American Chamber of Commerce of New Jersey

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Local Initiatives Support CorporationSee Part Iv$88,150
Cross River Community FoundationIn Furtherance of Its Pursuit of Cdfi Certification$80,000
The Synergies Family FoundationGeneral Fund$75,000
...and 8 more grants received

Personnel at African-American Chamber of Commerce of New Jersey

NameTitleCompensation
John E HarmonPresident and Chief Executive Officer$0
Phillip D. WoolfolkChief Operations Officer$0
Ferlanda Fox NixonChief of Policy and External Affairs / Chief of Policy and Government Affairs / Director$0
Mary O. GriffinVice President , Member Relations and Programs
Gene BouieExecutive Director
...and 4 more key personnel

Financials for African-American Chamber of Commerce of New Jersey

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,490,971
Program services$576,103
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,067,074

Form 990s for African-American Chamber of Commerce of New Jersey

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
2018-122019-11-22990View PDF
...and 7 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $63,725 from Tenacre
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Received grants
Identified 3 new grant, including a grant for $88,150 from Local Initiatives Support Corporation
October 23, 2023
Received grants
Identified 1 new grant, including a grant for $15,000 from The Blackbaud Giving Fund
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
MembershipsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
379 W State St
Trenton, NJ 08618
Metro area
Trenton-Princeton, NJ
County
Mercer County, NJ
Website URL
aaccnj.com/ 
Phone
(609) 751-1620
IRS details
EIN
06-1820423
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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