USBC COMMUNITY ECONOMIC DEVELOPMENT CORPORATION

WASHINGTON, DC, 20036-5504 (202) 330-3026 Est. 2013 EIN 90-0899831
B90— Education Form 990 501(c)(3)

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

Total Revenue
$3,266,528
Total Expenses
$2,827,336
Net Assets
$4,681,287
From latest filing (tax period ending 2023-12-31)

Financial Health

Operating Reserve
19.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 15.7%
Expenses ↑ 1.1%
Revenue Sources
Contributions 99.8%
Expense Breakdown
Program 95.3% Management 4.7%

Officers & Key Employees (5)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 Form 990$3,266,528 $2,827,336$4,681,287
2022 Form 990$2,824,405 $2,797,243$4,242,095
2020 Form 990$2,939,615 $222,933$2,846,380
2019 Form 990$445,000 $427,517$79,381
2018 Form 990$356,000 $260,853$59,838

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EIN: 90-0899831 · Source: IRS Form 990 e-file data