NonprofitsUsbc Community Economic Development Corporation

Education

Usbc Community Economic Development Corporation

WASHINGTON, DC

Total revenue

$3.3M

Total expenses

$2.8M

Net assets

$4.7M

Grants received

$2.6M

8 grants

EIN

900899831

Tax year

2023

Mission

The organization was formed to assist local Black Chambers of Commerce nationally with small business development and growth and to represent the business interest of African American businesses throughout the US.

Financials

FY 2023

Revenue

Contributions & grants$3.3M
Program service revenue
Investment income
Other revenue$7K
Total revenue$3.3M

Expenses

Grants paid
Salaries & benefits$1000K
Fundraising
Other expenses$1.8M
Total expenses$2.8M
Total assets$5.2M
Net assets$4.7M

People

5 listed

NameRoleCompensation

Aimee Griffin

Secretary

Board

2 hrs/wk

Bridgett Gagne

Treasurer

Board

2 hrs/wk

CHarles O'Neal

Chairman of the Board

Board

2 hrs/wk

ANtwanye Ford

Vice CHair

Board

2 hrs/wk

Ronald Busby

Executive Director

Board

10 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$50K
CHARITABLE GRANT
2024
$150K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$50K
CHARITABLE GRANT
2023
$10K
EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT
2023
$1M
For grant recipient's exempt purposes
2022
$25K
Grant to serve as partner in small business grant program.
2022
$1M
1 GRANT(S) FOR VARYING PURPOSES
2020
$299K
Grant to serve as partner in the Foundation's Coalition to Back Black Businesses program, supporting a collaboration of business leaders to bring financial and capacity-building resources to bear against the disproportionate impact of COVID-19 on Black-owned small businesses across the U.S.
2020

Funded by

$2.6M from 6 funders · 8 grants · 2020–2024

The Winston-Salem Foundation

$1M · 1 grant · 2020

US Chamber of Commerce Foundation

$324K · 2 grants · 2020–2022

Tides Foundation

$150K · 1 grant · 2023

Nareit Foundation

$100K · 2 grants · 2023–2024

Details

EIN900899831
NTEE codeB90
Subsection03
Ruling date2013-04
Formed2013
Employees0
Volunteers0
USBC COMMUNITY ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo