EIN 06-1820423

African-American Chamber of Commerce of New Jersey

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
2007
Most recent tax filings
2023-12-01
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
$5,226,123
2023
Total expenses
$4,863,104
2023
Total assets
$3,277,018
2023
Num. employees
12
2023

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

The AACCNJ Training & Development Insitute: The AACCNJ Instutite offers workshops, mentoring , coaching and technical assistance through its Mobile Academy at churches, communuity centers, schools and other venue throughpout New Jersey with particular focus on inititives that elevateBlacks and black-ownwd businesses in in the construction, travels, tourism, clean ebergy and other burgoening indiustries.
Received grant from NJ Community Loan Fund to explore the possibility of establshing a micro lending institition to serve minority owned business
Received 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
Cross River Community FoundationGeneral Operating Support$121,645
The Synergies Family FoundationGeneral Fund$75,000
TenacreGeneral Support$63,725
...and 6 more grants received

Personnel at African-American Chamber of Commerce of New Jersey

NameTitleCompensation
Dr. John E. Harmon, Sr. IOMFounder , President and Chief Executive Officer$0
Jacqueline E. BaptisteExecutive Advisor To Aaccnj , Founder , President and Chief Executive Officer and Brand Ambassador
John E. Harmon, Sr. IOMFounder , President and Chief Executive Officer , Aaccnj
Stan PraterSenior Advisor To the Founder , President and Chief Executive Officer
Phillip D. WoolfolkChief Operations Officer / Treasurer$0
...and 6 more key personnel

Financials for African-American Chamber of Commerce of New Jersey

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,978,133
Program services$950,335
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$297,655
Total revenues$5,226,123

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

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
...and 8 more Form 990s
Data update history
January 6, 2025
Received grants
Identified 2 new grant, including a grant for $121,645 from Cross River Community Foundation
September 23, 2024
Updated personnel
Identified 8 new personnel
July 23, 2024
Received grants
Identified 4 new grant, including a grant for $75,000 from The Synergies Family Foundation
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
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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