NonprofitsVirginia Alliance For Business Commerce And Communities Foundatio

Community Improvement & Capacity Building

Virginia Alliance For Business Commerce And Communities Foundatio

FREDERICKSBURG, VA

Total revenue

$308K

Total expenses

$361K

Net assets

Grants received

EIN

850797003

Tax year

2023

Mission

See sch o

Programs

5 programs

Va black business directory - organizations and businesses are listed in the directory. The vabbd has continued to increase business membership through various opportunities.

Expenses: $98K

Black tourismto encourage black tourism

Expenses: $24K

Seasonal programs - seasonal programs include formal scheduled afterwork events, informal virtualchats, and special occasion/holiday events. The goal is to build relationships with transparentconversations relevant to entrpreneurship and strengthening the community. Our events strenghten business connections, amplifies business exposure, and allow owners to gain knowledge, exchange ideas, develop lasting partnerships, and build support a supportive business eco-system.

Expenses: $19K

Education & training program - to encourage new business owners and help further black businesses.

Expenses: $10K

Womens programto help women excel at business

Financials

FY 2023

Revenue

Contributions & grants$158K
Program service revenue$150K
Investment income
Other revenue
Total revenue$308K

Expenses

Grants paid$2K
Salaries & benefits$113K
Fundraising
Other expenses$247K
Total expenses$361K
Total assets$3K
Net assets

People

6 listed

NameRoleCompensation

ERNISHA HALL

PRESIDENT

Board

$106K

10 hrs/wk

NICHOLAS MINOR

EX OFFICIO AND DIRECTOR

Board

2 hrs/wk

LAURASHA LOVETT

EDUCATION COORDINATOR

Board

5 hrs/wk

DAMON CUNNINGHAM

VICE CHAIR

Board

5 hrs/wk

TRACEY HALL

VICE PRESIDENT

Board

10 hrs/wk

MICHELLE RIDDICK

HON FOUNDER AND TREASURER

Board

20 hrs/wk

Details

EIN850797003
NTEE codeS30
Subsection03
Ruling date2021-04
Formed2020
Employees5
Volunteers5
VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMMUNITIES FOUNDATIO — Mission, Financials & Grants Received | Grantivo