Civic Intelligence

Wisconsin Black Chamber of Commerce

EIN 06-1753546 • Milwaukee, WI

990-N Coverage
Milwaukee, WI

www.twbcc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

93rd percentile

66%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Revenue

$1,658,114

No earlier filing loaded for comparison.

Expenses

$561,442

No earlier filing loaded for comparison.

Net Income

$1,096,672

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2021: $1,658,114Expenses 2021: $561,442Net Income 2021: $1,096,6722021

Highlighted filing

2021

Revenue$1,658,114
Expenses$561,442
Net Income$1,096,672

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 31, 2023
Return Version
2021v4.1
Gross Receipts
$1,658,114
Mission and Program Overview

Mission

African-american business development

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers

Board Members and Trustees

NameTitle
NaNa
Revenue and Support

Revenue Composition

Contributions and Grants
$1,658,114
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,096,672
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$283,111
Other Expenses$278,331
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$278,282$0$278,282
All Other Expenses$46,709$101,534$0$148,243
Conferences and Meetings$0$103,325$0$103,325
Office Expenses$0$18,550$0$18,550
Fees for Services Accounting$0$5,600$0$5,600
Payroll Taxes$0$4,829$0$4,829
Occupancy$0$1,700$0$1,700
Insurance$0$833$0$833
Travel$0$80$0$80
Total Functional Expenses$46,709$514,733$0$561,442
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Wisconsin Black Chamber of Commerce Inc
EIN
06-1753546
Phone
4143066460
Address
2900 W VLIET STREET, MILWAUKEE, WI 53208

Signing Officer

Name
Ruben Hopkins
Title
Executive Director
Phone
4143066460
Signed
2023-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruben Hopkins
Formed
2005
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
5

Preparer

Firm
Paradon Accounting Services
Address
5215 N Ironwood Rd, Milwaukee, WI 53217
Preparer
Lee Ellis
Phone
2624210755
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Copies are distributed at scheduled board meetings.

Form 990, Part IX, Line 24E

Bank fees 295. 0. 295. 0.

Form 990, Part IX, Line 24E

Professional fees 25709. 25709. 0. 0.

Form 990, Part IX, Line 24E

Meals & entertainment 171. 0. 171. 0.

Form 990, Part IX, Line 24E

Promotion/prize fees 21000. 21000. 0. 0.

Form 990, Part IX, Line 24E

Telephone 1278. 0. 1278. 0.

Form 990, Part IX, Line 24E

Miscellaneous 457. 0. 457. 0.

Form 990, Part IX, Line 24E

Advertising 98533. 0. 98533. 0.

Form 990, Part IX, Line 24E

Commission fees 800. 0. 800. 0.

Raw XML Appendix283 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-31
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ReturnHeader/Filer/EIN0061753546
ReturnHeader/Filer/PhoneNum04143066460
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05215 N Ironwood Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milwaukee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053217
ReturnHeader/PreparerPersonGrp/PhoneNum02624210755
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ReturnHeader/ReturnTs02024-05-20T10:38:27-07:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOPKINS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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