NonprofitsBlack Brand

Community Improvement & Capacity Building

Black Brand

NORFOLK, VA

Total revenue

$1.3M

Total expenses

$1.4M

Net assets

$209K

Grants received

$1.6M

24 grants

EIN

813953180

Tax year

2023

Mission

"brand" stands for business research analytics networking and development. Black brand is the black chamber of commerce for the hampton roads, va area, whose mission is to promote group economics through professional development and community empowerment. As the black chamber of commerce, organization's mission is to transform our local, regional, and national community through unity, education, access, opportunity, and development. During 2023 71% of participants were women-owned businesses, 40% of program participants resided in low or moderate income zip codes, and 20% of program participants were military affiliated.

Financials

FY 2023

Revenue

Contributions & grants$772K
Program service revenue$539K
Investment income$319
Other revenue$1K
Total revenue$1.3M

Expenses

Grants paid$101K
Salaries & benefits$362K
Fundraising$51K
Other expenses$953K
Total expenses$1.4M
Total assets$245K
Net assets$209K

People

11 listed

NameRoleCompensation

BLAIR DURHAM

EXECUTIVE DI

Board

$99K

40 hrs/wk

DR GENESE ROGERS CPA

TREASURER

Board

$31K

1 hrs/wk

CLARENCE HARRIS CPA

DIRECTOR

Board

$7K

1 hrs/wk

JAZMIN MULLEN-ALLEN ESQ

DIRECTOR

Board

$3K

1 hrs/wk

NAOMI LEWIS

PARLIAMENTAR

Board

1 hrs/wk

LAFAYETTE JUDKINS

CHAIR

Board

1 hrs/wk

TONYA BYRD

DIRECTOR

Board

1 hrs/wk

JAMES BOYD

DIRECTOR

Board

1 hrs/wk

GARY ARTYBRIDGE

DIRECTOR

Board

1 hrs/wk

RANDY WILLIAMS

SECRETARY

Board

1 hrs/wk

NANCY PRATHER-JOHNSON

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$125K
GENERAL OPERATING
2024
$40K
ECONOMIC COMPETITIVENESS
2024
$30K
BLACK DIAMOND WEEKEND
2024
$7K
CONTRIBUTED FUNDS TO ASSIST LOCAL 501(C)(3) TO MEET ITS MISSION: BLACK BRAND WILL HELP OUR MEMBERS BUILD SCALABLE BUSINESSES THAT EMPLOY QUALIFIED STAFF AND LEVERAGE TOMORROW'S TECHNOLOGY; ADVANCE OUR PARTNER'S MISSIONS BY BUILDING VALUABLE CONNECTIONS; AND ANCHOR OUR FAMILIES AND COMMUNITY IN STRONG VALUES WHILE COMPETING ON A GLOBAL LEVEL. WE ARE INTENT ON CREATING A NEW NARRATIVE FOR OUR BUSINESSES AND FAMILIES WITH THE UNDERSTANDING THAT NO ONE CARES FOR OUR PEOPLE LIKE WE DO!
2024
$225K
IN SUPPORT OF EFFORTS TO STABILIZE AND STRENGTHEN UNDERSERVED POPULATIONS BUSINESSES IN NORFOLK, VA, THROUGH STRATEGIC, ORGANIZATIONAL AND FINANCIAL PLANNING
2023
$50K
CHARITABLE DONATION
2023
$15K
BLACK DIAMOND WEEKEND
2023
$8K
PROGRAM/OPERATING SUPPORT
2023
$5K
GENERAL OPERATING
2023
$225K
IN SUPPORT OF EFFORTS TO STABILIZE AND STRENGTHEN UNDERSERVED POPULATIONS BUSINESSES IN NORFOLK, VA, THROUGH STRATEGIC, ORGANIZATIONAL AND FINANCIAL PLANNING
2022
$115K
GRANTS AWARDED
2022
$75K
GENERAL OPERATING
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$25K
PROGRAM/OPERATING SUPPORT
2022
$15K
BLACK DIAMOND WEEKEND
2022
$35K
GRANTS AWARDED
2021
$10K
GRANTS AWARDED
2020
$10K
For grant recipient's exempt purposes
2020

Funded by

$1.6M from 12 funders · 24 grants · 2020–2024

The Rockefeller Foundation

$450K · 2 grants · 2022–2023

Local Initiatives Support Corporation

$444K · 3 grants · 2022–2024

United Way Of South Hampton Roads

$160K · 3 grants · 2020–2022

The Blocker Foundation

$125K · 1 grant · 2024

The Bank of America Charitable Foundation Inc

$83K · 4 grants · 2020–2023

Truist Foundation Inc

$80K · 2 grants · 2022–2023

Hampton Roads Community Foundation

$75K · 2 grants · 2023–2024

Sentara Health

$60K · 3 grants · 2022–2024

Details

EIN813953180
NTEE codeS31
Subsection03
Ruling date2016-10
Formed2016
Employees7
Volunteers41
BLACK BRAND — Mission, Financials & Grants Received | Grantivo