Minnesota · Nonprofit
MINNESOTA BLACK CHAMBER OF COMMERCE
MINNESOTA BLACK CHAMBER OF COMMERCE (Minnesota) receives grants from 9 organizations whose IRS filings report $1,194,452 to it, the largest being Metropolitan Economic Development Association ($1,000,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $1.4M
- Funders on record
- 9
- Grants received
- $1.2M
- Net assets
- $1.8M
What Minnesota Black Chamber of Commerce does
Mission
The Minnesota Black Chamber of Commerce is committed to serving the black- owned businesses and their communities through access to education, advocacy and economic development. Our goal is to maximize the potential of every black-owned business, large or small, by providing equitable opportunities for growth at every stage.
As stated on its FY2024 Form 990.
Program
Provide business support network for black business owners. Promote strategies that capture revenues to secure economic benefits for members.
$41,565 spent$34,717 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $41,565.
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 2023 to 2024, from $717k to $1.9M (+163%).
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.
101% of MINNESOTA BLACK CHAMBER OF COMMERCE’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 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.
Board chair
Samuel N Ndely Ii
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 2 funders to 5 funders, grant income fell $56k → $30k.
4 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% 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 MINNESOTA BLACK CHAMBER OF COMMERCE’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
MINNESOTA BLACK CHAMBER OF COMMERCE leans on a few funders — its largest provides 84% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
95% 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 MINNESOTA BLACK CHAMBER OF COMMERCE.
Largest funder’s share by year: 2020 55% · 2021 100% · 2022 100% · 2023 34% — 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
50% of MINNESOTA BLACK CHAMBER OF COMMERCE's funders are still giving 1 year after their first grant; 33% 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
100% of MINNESOTA BLACK CHAMBER OF COMMERCE's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $108k arriving through sponsors registered in 4 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
MINNESOTA BLACK CHAMBER OF COMMERCE runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like MINNESOTA BLACK CHAMBER OF COMMERCE
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 Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
15% of spending goes to programs.
Governance
Public support
99%
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 MINNESOTA BLACK CHAMBER OF COMMERCE: 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 MINNESOTA BLACK CHAMBER OF COMMERCE?
- MINNESOTA BLACK CHAMBER OF COMMERCE (Minnesota) receives grants from 9 organizations whose IRS filings report $1,194,452 to it, the largest being Metropolitan Economic Development Association ($1,000,000). 3 of them have funded it in more than one year.
- How many funders does MINNESOTA BLACK CHAMBER OF COMMERCE have?
- IRS filings report 9 organizations giving $1,194,452 in grants to MINNESOTA BLACK CHAMBER OF COMMERCE, 3 of which have funded it in more than one year.
- Who is the largest funder of MINNESOTA BLACK CHAMBER OF COMMERCE?
- Metropolitan Economic Development Association is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
- How can an organization like MINNESOTA BLACK CHAMBER OF COMMERCE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 Minnesota Black Chamber of Commerce →
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 9 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