New Jersey · Nonprofit
African-American Chamber of Commerce of New Jersey
African-American Chamber of Commerce of New Jersey (New Jersey) receives grants from 23 organizations whose IRS filings report $1,267,308 to it, the largest being CROSS RIVER COMMUNITY FOUNDATION ($214,645). 12 of them have funded it in more than one year.
- Revenue FY2024
- $3.5M
- Funders on record
- 23
- Grants received
- $1.3M
- Net assets
- $1.2M
What African-American Chamber of Commerce of New Jersey does
Mission
African-American Chamber of Commerce of New Jersey(AACCNJ is dedicated to economically empowering and sustaining African-American communities through entrepreneurship and capitalistic activities within the State of New Jersey and interaction with the National Black Chamber of Commerce, Inc (NBCC)
As stated on its FY2024 Form 990.
Programs
The AACCNJ Training & Development Insitute: The AACCNJ Instutite offers workshops, mentoring , coaching and technical assistance through its Mobile Academy at churches, communuity centers, schools and other venue throughpout New Jersey with particular focus on inititives that elevateBlacks and black-ownwd businesses in in the construction, travels, tourism, clean ebergy and other burgoening indiustries.
$844,140 spent23% of program spendingReceived grant for upskilling through a work force innovation and Opportunity Act set Aside provided by US Department of Labor.
$512,753 spent14% of program spendingReceived grant from NJ Community Loan Fund to explore the possibility of establshing a micro lending institition to serve minority owned business
$118,419 spent3% of program spendingConducted various events to provide educational, networking and procurement opportunities for Black minority owned businesses throughout the State of of New Jersey.
$2,187,231 spent60% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,662,543.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.9M to $2.9M (+54%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 47% · 2019 37% · 2020 54% · 2021 24% · 2022 25% · 2023 30% · 2024 20%. Grants only. Government contracts and fees sit inside program revenue.
71% of African-American Chamber of Commerce of New Jersey’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
John E Harmon
President/Chief Executive Officer
Board chair
R Stanley Prater
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $26k → $395k.
5 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of African-American Chamber of Commerce of New Jersey’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
African-American Chamber of Commerce of New Jersey has a broad base — no single funder exceeds 17% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund African-American Chamber of Commerce of New Jersey.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 76% · 2020 52% · 2021 61% · 2022 30% · 2023 31% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
20% of African-American Chamber of Commerce of New Jersey's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
53% of African-American Chamber of Commerce of New Jersey's grant income comes from New Jersey funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $388k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
African-American Chamber of Commerce of New Jersey is better cushioned than half of the 4,206 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024
Organizations like African-American Chamber of Commerce of New Jersey
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for African-American Chamber of Commerce of New Jersey: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds African-American Chamber of Commerce of New Jersey?
- African-American Chamber of Commerce of New Jersey (New Jersey) receives grants from 23 organizations whose IRS filings report $1,267,308 to it, the largest being CROSS RIVER COMMUNITY FOUNDATION ($214,645). 12 of them have funded it in more than one year.
- How many funders does African-American Chamber of Commerce of New Jersey have?
- IRS filings report 23 organizations giving $1,267,308 in grants to African-American Chamber of Commerce of New Jersey, 12 of which have funded it in more than one year.
- Who is the largest funder of African-American Chamber of Commerce of New Jersey?
- CROSS RIVER COMMUNITY FOUNDATION is the largest funder on record, with $214,645 in grants. The full list of funders is on this page.
- How can an organization like African-American Chamber of Commerce of New Jersey find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds African-American Chamber of Commerce of New Jersey →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 23 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing