Civic Intelligence

Norbcc Inc

EIN 45-5108367 • 501(c)6 • New Orleans, LA

Profile

The organization's primary exempt purpose is as a member-based organization comprised of minority and local owned businesses with a focus on advocacy and providing awareness of resources and opportunities

6803 Press Dr Ste 164New Orleans, LA 70126

www.norbchamber.org

Siviq Scores

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

Liabilities / Assets

87th percentile

0.34x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-8.8%

Higher net margin than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-54%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

30th percentile

-12%

Faster revenue growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2024

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$18,734

Down $176,144 (-90%) from 2021

Liabilities

Down

$6,300

Down $839 (-12%) from 2021

Net Assets

Down

$12,434

Down $175,305 (-93%) from 2021

Operations
Liabilities / Revenue64th percentileNet Margin33rd percentile

Revenue

Down

$309,148

Down $143,834 (-32%) from 2021

Expenses

Down

$336,447

Down $39,645 (-11%) from 2021

Net Income

Down

-$27,299

Down $104,189 (-136%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$200K$150K$100K$50K$0Assets 2012: $8,468Liabilities 2012: $02012Assets 2013: $8,056Liabilities 2013: $5,5002013Assets 2014: $5,705Liabilities 2014: $5,5002014Assets 2015: $25,020Liabilities 2015: $9,5002015Assets 2016: $57,701Liabilities 2016: $13,5972016Assets 2017: $57,197Liabilities 2017: $8,5022017Assets 2018: $60,337Liabilities 2018: $20,000Net Assets 2018: $40,3372018Assets 2019: $61,451Liabilities 2019: $1,432Net Assets 2019: $60,0192019Assets 2020: $121,194Liabilities 2020: $10,061Net Assets 2020: $111,1332020Assets 2021: $194,878Liabilities 2021: $7,139Net Assets 2021: $187,7392021Assets 2024: $18,734Liabilities 2024: $6,300Net Assets 2024: $12,4342024

Highlighted filing

2024

Assets$18,734
Liabilities$6,300
Net Assets$12,434
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $52,403Expenses 2012: $43,935Net Income 2012: $8,4682012Revenue 2013: $120,069Expenses 2013: $125,981Net Income 2013: -$5,9122013Revenue 2014: $116,362Expenses 2014: $118,713Net Income 2014: -$2,3512014Revenue 2015: $133,078Expenses 2015: $117,763Net Income 2015: $15,3152015Revenue 2016: $130,167Expenses 2016: $101,584Net Income 2016: $28,5832016Revenue 2017: $153,637Expenses 2017: $149,046Net Income 2017: $4,5912017Revenue 2018: $198,121Expenses 2018: $206,479Net Income 2018: -$8,3582018Revenue 2019: $277,060Expenses 2019: $277,454Net Income 2019: -$3942019Revenue 2020: $238,506Expenses 2020: $187,330Net Income 2020: $51,1762020Revenue 2021: $452,982Expenses 2021: $376,092Net Income 2021: $76,8902021Revenue 2024: $309,148Expenses 2024: $336,447Net Income 2024: -$27,2992024

Highlighted filing

2024

Revenue$309,148
Expenses$336,447
Net Income-$27,299
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,734
Liabilities
$6,300
Net assets
$12,434
Revenue
$309,148
Expenses
$336,447
Net income
-$27,299
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.06$0.12$3.09$3.36$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.95$0.07$1.88$4.53$3.76$0.77
2020Detailed filing. Detailed filing data is available for this year.$1.21$0.10$1.11$2.39$1.87$0.51
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$2.77$2.77$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.20$0.40$1.98$2.06$0.08
2017Summary only. Only limited summary data is available for this year.$0.57$0.09$1.54$1.49$0.05
2016Summary only. Only limited summary data is available for this year.$0.58$0.14$1.30$1.02$0.29
2015Summary only. Only limited summary data is available for this year.$0.25$0.10$1.33$1.18$0.15
2014Summary only. Only limited summary data is available for this year.$0.06$0.06$1.16$1.19$0.02
2013Summary only. Only limited summary data is available for this year.$0.08$0.06$1.20$1.26$0.06
2012Summary only. Only limited summary data is available for this year.$0.08$0.00$0.52$0.44$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.1
Gross Receipts
$309,148
Mission and Program Overview

Mission

The organization's primary exempt purpose is as a member-based organization comprised of minority and local owned businesses with a focus on advocacy and providing awareness of resources and opportunities

To support promote and educate our members for sustainable growth and expansion. Also to empower and and sustain the African American business community through entrepreneurship and economic activity in the Greater New Orleans and global economy as a whole.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$12,884▲ $12,884
Rtn Earn Endowment Incm Other Fnds$0$12,434▲ $12,434
Accounts Receivable$0$5,500▲ $5,500
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$18,734▲ $18,734
Other Assets Total$0$350▲ $350
Liabilities
Accounts Payable and Accrued Expenses$0$6,300▲ $6,300
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$6,300▲ $6,300
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$12,434▲ $12,434
Total Liabilities and Net Assets / Fund Balance$0$18,734▲ $18,734
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Stephanie ChamblissChair
Edward CoulonVice Chair
April DavenportBoard Member
C J MarbleyBoard Member
Cedric MorganBoard Member
Dr Patrice SentinoBoard Member
Ed RobinsonBoard Member
Fallon EvansBoard Member
Krystal HardyBoard Member
Louis ColinBoard Member
Renato GlasperBoard Member
JoAnn MinorSecretary
Anthony BridgesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$186,308
Program Service Revenue
$122,790
Investment Income
$50
Other Revenue
$0
All Other Contributions
$66,408
Change in Net Assets
$-27,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$332,019
Salaries, Compensation, and Employee Benefits$4,428
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$80,000$0$80,000
Fees for Services Accounting$0$54,000$0$54,000
Occupancy$0$14,800$0$14,800
Information Technology$0$9,404$0$9,404
Office Expenses$0$8,067$0$8,067
Other Salaries and Wages$0$3,958$0$3,958
Fees for Services Legal$0$875$0$875
Insurance$0$846$0$846
Payroll Taxes$0$470$0$470
Total Functional Expenses$164,027$172,420$0$336,447
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Golf Tournament$30,240$30,240$7,298$22,942
Event 2$0$0$0$0
Total Events$30,240$30,240$19,169$11,071
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

“The Form 990 shall be distributed electronically to each member of the Board of Directors of the Corporation. The Form 990 shall at all times be available to members of the organiz ation within the offices of the chamber. Access to review the Form 990 shall be limited to Monday through Friday during normal business hours.”

Part VI, Line 12C

“Each Board member is required to sign and comply with the Corporations Conflict of Interest Policy including full disclosure of any potential conflict of interest and recusal.”

Part VI, Line 15

“The salaries of employees and agents of the Corporation shall be fixed by resolution duly adopted by the Board of Directors and such persons shall be entitled to the payment or reimbursement by the Corporation of expenses; provided that such salary or expense payment or reimbursement shall be made only in respect to services rendered to the Corporation which are reasonable and necessary to carry out the purposes of the Corporation and shall not be excessive in amount.”

Part VI, Line 19

“The governing documents shall at all times be available at the organization within the offices of the chamber. Access to review the Form 990 shall be limited to Monday through Friday during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Norbcc Inc
EIN
45-5108367
Phone
2258029634
Address
6803 PRESS DR STE 164, NEW ORLEANS, LA 70126

Signing Officer

Name
Edward B Smith
Title
Board Chairman
Phone
2258029634
Signed
2025-11-14

Organization Details

Principal Officer
Edward Coulon
Formed
2006
Legal Domicile
La
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
20
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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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IRS990/Desc0Entrepreneurial & Small Business Trainings: NORBCC provides access to training education and resources to our members and community members. Trainings consist of marketing financial literacy basic accounting and bookkeeping understanding business credit creating business plans access to capital & funding options as well as networking and relationship building to promote business partnership opportunities. The NORBCC was able to touch over 400 small businesses across 12 Louisiana parishes.
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