Nonprofits›Black Business Association
Black Business Association
MEMPHIS, TN
Total revenue
$1.1M
Total expenses
$494K
Net assets
$1.1M
Grants received
$28K
2 grants
EIN
621008876
Tax year
2022
Mission
The BBA of Memphis is a 501 c6 organization established to serve as an advocacy organization that provides continuous support to the Minority and Women owned businesses in the Memphis, TN region.
Financials
FY 2022
Revenue
Contributions & grants$1.1M
Program service revenue—
Investment income$1K
Other revenue—
Total revenue$1.1M
Expenses
Grants paid—
Salaries & benefits$404K
Fundraising—
Other expenses$91K
Total expenses$494K
Total assets$1.3M
Net assets$1.1M
People
5 listed
NameRoleCompensation
Mark Yates
Chairman
Board
—
1 hrs/wk
Carlee McCullough Esq
Treasurer
Board
—
1 hrs/wk
Michael A Hooks Jr
Secretary
Board
—
1 hrs/wk
Ernest Strickland
President/CEO
Staff
$150K
40 hrs/wk
Alan A Gumbel
Chief Operating Officer
Staff
$59K
40 hrs/wk
Grants received
Showing 2 of 2
FromAmountPurposeYear
$25K
SUPPORT THE DEVELOPMENT AND PROMOTION OF BLACK-OWNED BUSINESSES AND ENTREPRENEURS
2020
Funded by
$28K from 2 funders · 2 grants · 2020–2022
The Gheens Foundation Inc
$25K · 1 grant · 2020
Hale Foundation
$3K · 1 grant · 2022
Details
EIN621008876
Subsection06
Ruling date1988-05
Formed1974
Employees3