Africa Global Chamber Of Commerce
- Assets
- $2.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 46-5535837
Organization Overview
Africa Global Chamber Of Commerce is located in Chicago, IL. 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. Africa Global Chamber Of Commerce 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, Africa Global Chamber Of Commerce generated $47.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $46.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
1) EDUCATIONAL: CONDUCTED 500 ANNUAL WORKSHOPS, CONFERENCES, AND SEMINARS 2) RESEARCH: THE CHAMBER WORKED WITH THE VARIOUS COMMUNITIES AND MEMBERS OF CONGRESS ON TRADE AND INVESTMENT POLICIES TO PROMOTE US-MADE PRODUCTS. 3) PROFESSIONAL, COMMERCIAL, INDUSTRIAL, OR TRADE ASSOCIATION. PROMOTING THE DEVELOPMENT, ESTABLISHMENT, OR EXPANSION OF INDUSTRIES: HELPED OVER 300 US COMPANIES ON WRITING BUSINESS PLANS, ADVISED AND CONSULTED 200 US COMPANIES TO EXPORT THE US MADE PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivier Kamanzi President | 20 | $20,000 | |
Demitrus Evans Secretary | 10 | $0 | |
Amber Johns Vice President And Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,000 |
| Total Program Service Revenue | $1,000 |
| Membership dues | $3,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,500 |
| Other Revenue | $0 |
| Total Revenue | $47,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $40,000 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $500 |
| Other expenses | $0 |
| Total expenses | $46,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,000 |
| Other assets | $0 |
| Total assets | $2,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,000 |