NonprofitsIndy Black Chamber Of Commerce Inc

Community Improvement & Capacity Building

Indy Black Chamber Of Commerce Inc

INDIANAPOLIS, IN

Total revenue

$931K

Total expenses

$862K

Net assets

$869K

Grants received

$2.2M

19 grants

EIN

473838695

Tax year

2024

Mission

Our mission is to serve as a comprehensive resource for developing Black and Minorityowned businesses

Programs

2 programs

Micro Enterprise Navigator Program: provided assistance to 70 micro business owners who were classified as LMI with business coaching and resource navigation services to help them scale and develop within their business.

Expenses: $83KGrants: $59K

In partnership with LISC Indianapolis, a recipient of the City of Indianapolis ARPA funding grant, IBCC was selected to serve as the Technical Assistance (TA) Hub to provide technical assistance services at a large scale to small business owners, with a special focus on low income business owners from and in historically underserved communities with the objective to consolidate and grow their existing businesses.

Expenses: $118K

Financials

FY 2024

Revenue

Contributions & grants$917K
Program service revenue
Investment income$14K
Other revenue
Total revenue$931K

Expenses

Grants paid
Salaries & benefits$405K
Fundraising$11K
Other expenses$457K
Total expenses$862K
Total assets$904K
Net assets$869K

People

12 listed

NameRoleCompensation

LARRY WILLIAMS

CoFounder

Board

$107K

40 hrs/wk

ANITA WILLIAMS

CoFounder

Board

$51K

40 hrs/wk

KATRINA STOVAL

Board Secretary

Board

3 hrs/wk

JAMIE WALTON

Board Member

Board

1 hrs/wk

REGINA WARREN

Board Member

Board

1 hrs/wk

CELESTE JONES

Board Vice CoChair

Board

1 hrs/wk

WHITLEY YATES

Board Member

Board

1 hrs/wk

THOMAS GRIFFIN

Board Vice CoChair

Board

1 hrs/wk

COURTNEY BROOKINS

Board Member

Board

2 hrs/wk

GARY NAYLOR

Board Member

Board

1 hrs/wk

DARRICK JONES

Board Member

Board

1 hrs/wk

RENEA GATES

Board Member

Board

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$200K
DIRECT GRANTS TO SMALL BUSINESSES
2024
$40K
IBCC Operational Support
2024
$615
GENERAL FUND
2024
$300K
DIRECT GRANTS TO SMALL BUSINESSES
2023
$20K
TECHNICAL ASSISTANCE GRANT
2023
$1K
GENERAL FUND
2023
$500K
DIRECT GRANTS TO SMALL BUSINESSES
2022
$35K
Chamber 465 Co-working Space
2022
$16K
GENERAL FUND
2022
$8K
WEALTH BUILDING THROUGH BUSINESS OWNERSHIP
2022
$5K
To support the ke'loor event.
2022
$10K
CHARITABLE DONATION
2021
$1K
GENERAL FUND
2021
$50K
Ensure Inclusive Economic Growth in Indy
2020

Funded by

$2.2M from 9 funders · 19 grants · 2020–2024

National Urban League Inc

$1M · 3 grants · 2022–2024

Local Initiatives Support Corporation

$824K · 3 grants · 2022–2024

The Indianapolis Foundation Inc

$125K · 3 grants · 2020–2024

Indianapolis Urban League Inc

$20K · 1 grant · 2023

Maurer Family Foundation Inc

$19K · 4 grants · 2021–2024

Charities Aid Foundation America

$10K · 1 grant · 2021

First Financial Foundation

$8K · 1 grant · 2022

Details

EIN473838695
NTEE codeS41
Subsection03
Ruling date2015-10
Formed2015
Employees8
INDY BLACK CHAMBER OF COMMERCE INC — Mission, Financials & Grants Received | Grantivo