New Mexico · Nonprofit
BLACK CHAMBER OF COMMERCE OF NEW MEXICO
BLACK CHAMBER OF COMMERCE OF NEW MEXICO (New Mexico) receives grants from 4 organizations whose IRS filings report $1,025,916 to it, the largest being CITY OF ALBUQUERQUE FOUNDATION ($553,166). 2 of them have funded it in more than one year.
- Revenue FY2024
- $535k
- Funders on record
- 4
- Grants received
- $1.0M
- Net assets
- $235k
What Black Chamber of Commerce of New Mexico does
Mission
Our purpose is to promote sustainable economic growth and empowerment within the black-owned business community. We are committed to achieving this by focusing on four key pillars: education, advocacy, mentorship, and networking. Through education, we strive to equip black-owned businesses with the knowledge, skills, and resources necessary to thrive in a competitive marketplace. By providing access to educational programs, workshops, and seminars, we aim to empower entrepreneurs with valuable insights, industry trends, and best practices. Advocacy lies at the heart of our mission. We advocate for the interests and needs of black-owned businesses at various levels, engaging with policymakers, organizations, and stakeholders to drive meaningful change. By championing inclusive policies, fostering an equitable business environment, and addressing systemic barriers, we aim to create a more level playing field for black entrepreneurs. Mentorship plays a crucial role in our approach. We bel
As stated on its FY2024 Form 990.
Program
2024 chamber highlights the Black Chamber of Commerce of New Mexico embarked upon another stellar year and continued to provide exceptional services to underserved, under- engaged, under-resourced low- and moderate-income entrepreneurs and small businesses throughout the entire state of new mexico, the chamber enhanced the small business success program (technical assistance) to allow members to specify additional categories needed for their business success. Small business members receive technical assistance at no extra charge, which includes services such as business plan development, help with government certifications, grant writing, and funding for trademarl<s for five (5) member businesses, among other benefits. Additionally, we instituted the character-based crosby micro loan program where we loan between 250 - 10,000 to qualified members without pulling a credit report but ensuring they can repay at 5% fixed interest and without a pre-payment penalty. Nusenda federal credit union powers these loans. We initiated the vaccine equity and health program and hosted workshops in clovis, roswell, carlsbad, and various locations in albuquerque. Local medical professionals…
$155,840 spent$192,647 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $155,840.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 2023 to 2024, from $127k to $623k (+391%).
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: 2019 28% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
56% of BLACK CHAMBER OF COMMERCE OF NEW MEXICO’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 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
Karla Causey
CEO/presiden
Board chair
Chad Cooper
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income rose $34k → $100k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 BLACK CHAMBER OF COMMERCE OF NEW MEXICO’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
BLACK CHAMBER OF COMMERCE OF NEW MEXICO leans on a few funders — its largest provides 54% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
55% 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 BLACK CHAMBER OF COMMERCE OF NEW MEXICO.
Largest funder’s share by year: 2020 100% · 2021 51% · 2022 93% · 2023 100% — broadly stable.
“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.
Where its funders are
55% of BLACK CHAMBER OF COMMERCE OF NEW MEXICO's grant income comes from New Mexico funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $7k arriving through sponsors registered in 1 state 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
BLACK CHAMBER OF COMMERCE OF NEW MEXICO runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like BLACK CHAMBER OF COMMERCE OF NEW MEXICO
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 Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
37% 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 BLACK CHAMBER OF COMMERCE OF NEW MEXICO: 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 BLACK CHAMBER OF COMMERCE OF NEW MEXICO?
- BLACK CHAMBER OF COMMERCE OF NEW MEXICO (New Mexico) receives grants from 4 organizations whose IRS filings report $1,025,916 to it, the largest being CITY OF ALBUQUERQUE FOUNDATION ($553,166). 2 of them have funded it in more than one year.
- How many funders does BLACK CHAMBER OF COMMERCE OF NEW MEXICO have?
- IRS filings report 4 organizations giving $1,025,916 in grants to BLACK CHAMBER OF COMMERCE OF NEW MEXICO, 2 of which have funded it in more than one year.
- Who is the largest funder of BLACK CHAMBER OF COMMERCE OF NEW MEXICO?
- CITY OF ALBUQUERQUE FOUNDATION is the largest funder on record, with $553,166 in grants. The full list of funders is on this page.
- How can an organization like BLACK CHAMBER OF COMMERCE OF NEW MEXICO find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. 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 Black Chamber of Commerce of New Mexico →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 4 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 14, 2026. What this page cannot tell you · view filing