Us Black Chambers Inc

Community development organization based in Washington, DC.0 Exempt under §501(c)(6).

MissionThe USBC provides committed and visionary leadership and advocacy in the realization of economic empowerment. Through the creation and development of resources and initiatives, the Chamber seeks to support African American Chambers in their work developing Black entreprenuers.

EIN
80-0483124
State
DC
Sector
Community development
Budget band
$2.5M–$5M
Latest filing
TY 2021
Records
2 officers · 3 years

Financial snapshot · TY 2021

$4.3M
Total revenue
$2.2M
Total expenses
$3.5M
Net assets

Financial health · TY 2023

36
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
53
9.5 months of expenses
Program efficiency
3
51.1% spent on programs
Revenue diversity
71
Mix of program fees, grants & contributions

Leadership compensation

Ronald Busby
President and CEO
$465,000
84th percentile vs. peers
$235,000
95th percentile vs. peers

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Us Black Chambers Inc Executive Compensation | 990 Data | DoubleNine