National Coalition Of Black Meeting Planners Inc
- Assets
- $570.7k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 09/1988
- Data as of
- 12/2023
- EIN
- 11-2707016
Organization Overview
National Coalition Of Black Meeting Planners Inc is located in Alexandria, VA. The organization was established in 1988. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Coalition Of Black Meeting Planners Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, National Coalition Of Black Meeting Planners Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $775.3k during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO THE TRAINING NEEDS OF AFRICAN AMERICAN MEETING PLANNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL EDUCATIONAL CONFERENCE AND MEMBER SERVICES: THROUGH PROGRAMS AND SPECIAL WORKSHOP SESSIONS, CONDUCTED AT THE MEETINGS, NCBMP STRIVES TO: (1) ASSIST IN THE EDUCATIONAL ADVANCEMENT OF ASSOCIATION EXECUTIVES, MEETING PLANNERS AND OTHER MEETING PROFESSIONALS THROUGH THE INFORMATION SHARES AT CONFERENCES. (2) ENHANCE THE PROFESSIONAL STATS OF AFRICAN AMERICAN ASSOCIATION EXECUTIVES, MEETING PLANNERS AND OTHER MEETING PROFESSIONALS BY PROVIDING EDUCATIONAL OPPORTUNITIES IN SUPPORT OF THE CERTIFIED MEETING PROFESSIONAL (CMP) EXAMINATION. (3) STIMULATE MANAGERIAL OPPORTUNITIES IN THE HOSPITALITY INDUSTRY FOR QUALIFIED AFRICAN AMERICANS. (4) DEVELOP A NETWORK IN THE HOSPITALITY INDUSTRY FOR AFRICAN AMERICAN ASSOCIATION EXECUTIVES, MEETING PLANNERS AND SUPPLIERS.
YOUTH INITIATIVE: TO EDUCATE YOUTH FOR THE PURPOSE OF HELPING THEM TO OBTAIN CAREERS IN THE HOSPITALITY INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlinda Henry Past Immediate Chairwoman | Trustee | 2 | $0 |
Dzidra Junior Board Member | Trustee | 3 | $0 |
Nicolas Wiggins President | OfficerTrustee | 3 | $0 |
Vesamil Tess Board Member | Trustee | 3 | $0 |
Mona Hudson Board Member | Trustee | 3 | $0 |
Eugene Anderson Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,040 |
| Total Program Service Revenue | $1,203,326 |
| Investment income | $165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,236,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $66,250 |
| Fees for services: Legal | $8,000 |
| Fees for services: Accounting | $19,494 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $59,349 |
| Office expenses | $12,808 |
| Information technology | $69,950 |
| Royalties | $0 |
| Occupancy | $5,227 |
| Travel | $25,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $212,961 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,099 |
| All other expenses | $37,670 |
| Total functional expenses | $775,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $570,679 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $570,679 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $570,679 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $570,679 |