MISSION
TO PROVIDE CHARITABLE FINANCIAL AND EDUCATIONAL SUPPORT TO THE YOUTH AND SMALL BUSINESSES/NON-PROFITS OF METRO DETROIT.
FORM 1023-EZ for METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION
DEMOGRAPHIC
ADDRESS
1234 WASHINGTON BOULEVARD
48226
COUNTY
wayne county, MI
ORGANIZATIONAL OVERVIEW & RANKINGS
METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION is a based in DETROIT, MI . Established in February 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,253,636.00, this ranks 191,942 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 5,079 out of 79,991 organizations in MI (Top 7%).
In wayne county, MI, the organization ranks 889 out of 13,625 nonprofits by assets (Top 7%), while locally in detroit, it stands at 560 among 6,749 organizations (Top 9%).
The organization reported annual revenue of $1,502,535.00, ranking 100,307 nationally (Top 4%) and 2,771 in MI (Top 4%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION ranks 57,901 in assets (Top 8%) and 26,722 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,559,922.00
FORM 990 REVENUE AMOUNT
$1,502,535.00
RULING DATE
02/2021
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,253,636.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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